Member Info for Dibs61

‘What's with the big spread?’

It certainly indicates a lack of liquidity. MM’s either don’t have a lot of stock on their books or don’t want to have a lot of stock on their books just now. This has been extremely volatile.

Of course they may have also dropped the bid to scoop up more stock through/stop loss limits etc. so called ‘tree shake’

Predator - in my (substantial) investing experience people behave like sheep. A ‘You first’ approach to things. They will wait until others buy and it’s more expensive and then buy. Happens every time. I prefer to buy when stocks are cheap. Before the herd arrive.

Baaaa Baaaa

😆

But, of course according to this highly efficient AIM market, with $81m of project construction funding and huge natural resources the whole thing is worth…..

£7.6m

🤣🤣🤣🤣

Xel123 - furthermore LB Group are no small fry they are a big player. Biggest manufacturer of Ti02 products globally.

And make no mistake this is a huge resource on CMET acreage. It will be mined for decades…

Nuff said.

It’s ‘Sea’ btw🤓

Bear in mind when the licences reinstatement announcement drops it could well be an intraday RNS as SL are five hours ahead of us. They won’t be able to sit on that kind of news because it WILL leak otherwise…..

Tricky - I’m sure the company has good marketing capability and will cover all the angles. In any case The internet is such an amazing resource for information and it wouldn’t take much of a Google search to find this test. If you’re an American I suspect very soon (if not already) your consultant physician will be offering you the PSE alongside the existing much inferior PSA.

Recall the company saying there was ‘overwhelming’ demand and interest in the test after the phenomenon results were presented in February this year.

Sit back relax and wait for the inevitable.

Sebo - I think they have had a quiet off the record nod or wink 😉

Although of course they can’t say so until it’s official

Xel123 - a noticeable change in tone in the two RNS’s….. ;)

2nd one tone is considerably more positive 👍🏻

Newuncle hmmm touched a nerve? I guessed it would upset someone. I stand 100% behind what I said and it seems quite a lot of other posters agree. There is some absolute nonsense spouted on here and it’s clear those people should never be allowed near an investing platform.

Excellent!

https://vimeo.com/867774633

reading a few of the ‘posts’ on here oh my god. i’m ‘bored’ ‘disappointed’ ‘lack of traction’ ‘where is an rns’

you people don’t deserve to make any money. zero patience. successful investing takes patience its only been a matter of days since the last announcement.

do you think warren buffet comes out with all that kind of moronic ****?

i make no apology for condemning this pathetic short short termism. this is a quality stock. a true rarity on aim. why not go and infest one of the many crappy stocks where you’ll feel more at home.

some peoples idea of ‘long term’ is a few hours!

i expect this is going to upset a few fragile egos on here but i don’t give a s*it if you can’t hack it you shouldn’t be doing this game.

Patience indeed!

These guys are literally stuck between a rock and a hard place. Pun def intended.

Biggest problem is ……Cash.

‘ As at 30 June 2023, the Company had available cash of £0.43 million (30 June 2022: £0.79 million), sufficient for the Company to execute its planned exploration activities.’

Really, 430k is nothing. They can’t even do a limited drilling program with WC requirements on top. Ordinarily any resources junior would’ve gone to market for cash by now but they haven’t which suggests that they can’t because there’s no appetite for it out there.

So they are truly in survival mode now. Unless they can get a fundraising away in the next six months - Rare Earth or no Rare Earth this is sadly going tits up.

I hope they can do it I’ve followed this stock for a long time but it’s just not investable right now.

I agree that nothing is up but what it has done is present another buying opportunity.

Which I have eagerly snapped up!

Watch out fir them! The whole playbook this morning.

Keep on suddenly dropping the bid and widening the spread but note the ASK stays where it is.

What does that tell us? They’re after your shares. Hit stop losses pick up cheaper shares sell ‘em back dearer. They’ve done it several times this morning.

Hold on tight.

Oh dear I think quite a few pants got pulled down this morning!

MM’s playing a blinder as always…..

And as for these naysayers go on open a short position here I dare you. ;)

Certainly extremely volatile this morning. A few have got spiked and panicked. MM’s keeping a very wide spread for now. In normal conditions spread is much narrower, say 1p that’s it. So this means they don’t want to keep much stock on their books for now.

I’m very relaxed about it all tbh. I have an extremely low average so will just watch it all unfold.

Bottom line is nothing changed from yesterday. This is fundamentally undervalued. We just need those licences back. A lot will get caught out again when they do. IMO it will not be long.

Hi airborne yes absolutely a fantastic day. And more to come tomorrow no doubt.

Pleased for long suffering LTH’s.

Still valued at just £10.69m which, for the size of the project is fundamentally undervalued.

Once we have full reinstatement of IML’s plus contractual agreement confirmation of the MOU this imho should be at least 25/30p to at least match the capital funding into the project.

One other thing to state which I notice NO ONE has mentioned today is the MAMMOTH exploration upside here. I believe only something like 5% of the total area they cover has been drilled and there are going to be some exceptional high grades at a very shallow level in the ground. To date if my memory serves me correct they have only drilled down about 3 metres. If it’s more it’s not much.

This will prove to be a significant global resource deposit.

Oh, one other thing, all subsequent future project phases (after this initial one) will be 50/50 JV.

I think it’s highly likely once we reach that stage CMET’s share gets bought out.

PaulFG - firstly thanks for your nod to me. I reckon I must’ve bought my 1 million @ rock bottom 1.03p. Plus i also added a further 250k @ 1.5p a few days before take off. So sitting on 1.25m and won’t be selling a single share.

FWIW I do not agree with the ‘hot money’ theory. Yes of course there are some day traders. They will go and leave some on the table for the next man (or woman). I think what we are seeing now is the start of a major rerate - a resetting of the inherent value here which never went away. All those exceptionally high grade Ti02 deposits are still in the ground. We are very substantially progressed from when the SP was over 12p two years ago.

So yes ‘some’ hot money but nowhere near enough to make a pump and dump. This is a genuine restoration of true price discovery. At 1p it was priced to go bust. I knew that which was why I did pile in when it was like a morgue here.

We will see what happens but I have a strong feeling that things are changing within the right authorities and we will hear further good news v soon. Certainly by the end of this month latest.

Paul - yes I have also been here years (just not always invested - in and out) that’s how you make money on AIM. I remember the PAL days back 10 years or more. But It’s not a buy and hold market, or at least hasn’t been for a few years now. You simply have to trade from time to time. In my experience a lot of success in AIM investing is about timing. I’m 150% up here. We’re all here to make money aren’t we?

JAdams5000 - nope it’s not been on my radar but thx for the tip I shall have a look ;)