Member Info for dvharrison

ARK 'investor' recommending a stock not one of NorwayNellie's choices lol
It's all about Stonepark drilling and the results being interesting enough to tempt G11/Glencore to buy out our minority stake imo. Current mcap for the whole company is only £1.6m small change for Glencore having returned $4BILLION to shareholders earlier this year. Fortunately the latest drilling is overseen by Group 11 rather than ARK!!
Teeling/BoD pretty inept imo and the old man is probably looking for one final payout if Stonepark results are as good as the initial drilling suggests they might be...

Very true Prop! Just waiting for the boat to take us to Alcatraz and catching up with emails/news. Our BoD should be incarcerated there given their ineptitude, greed and mismanagement over the years. They can join Liz Truss given how she managed to wreck the economy in a matter of a few weeks! Finance news soon lol

18% up now! Folks have been catching up with CBs update....

11.5M sells and 10M buys today and hopefully a few more of the 5M purchases to follow (CB buying some more?)

The JV didn't work out but we've avoided protracted litigation and kept the money we had set aside to meet our share of the costs to date. We move on.... (UFO had a big dilution from which the SP is struggling to recover!)

'now we need break above .175'

The SP seems to have gone in the opposite direction.! A share to trade and not to hold for too long atm

Result! (I had feared we'd still be liable for what we owed)

Where is our RNS explaining the situation from our perspective?

haha bitcoin, Redmoor they won't be mining at Redmoor in our lifetime lol
The short/medium term share price is all about LCCM imo. Secure the finance and we (instantly) multibag with further rises as we get into production next year. Given the financial security provided by the extended (5 year) cobre contract there seems to be very limited downside risk at these levels

I thought the SP would have risen on this news given it dropped on every JV 'progress' update lol

terminated. Good news given recent turmoil over at Caerus!

RNS extract 'After conversations with Bezant this morning, it was mutually agreed to terminate the Troulli JV.'

I note from TW's article today that, after a recent conversation with HAA, he remains confident of TK finance closure and the continued progress in SA to see the SP at multiples of today's price. I'll go along with that.....

MrT, Bed & ISA early doors...

The 'market' has been waiting for years for HAA to close the deal on TK hence a certain amount of sceptism atm. No doubt in my mind that the SP will be multiples of the current price on finance closure and we might even get some credit for the developing SA assets!

MrT, the current £4M mcap gives limited downside risk imo but we have plenty of upside price catalysts from our various assets, particularly Hope-Gorob. I'll review my investment again at the end of next year to see whether CB has delivered on his target of having at least one producing asset....

Might as well be Sunak as Truss will be adopting his policies! Where is the money coming from to fix Social Care now that the £13B from NI has been reversed? Let's have a General Election so a new Government has a proper mandate from the people....

I know Lupidog, tedious in the extreme! Just a little joke.......

when I was younger, my dad asked me what I wanted for Christmas, I said "a bike" - he bought me a bike
Next year he asked again, I said "some lego" - he bought me lego.
The following year he asked again, I said "a mickey mouse outfit" - he bought me SML shares

KDNC next unsuspecting 'victims' of next rampathon lol

UPshunt, some days I wish I had stopped buying this share at 5M! Like you I'm here for the long term and it's the SA assets that get me excited about my investment...

blubutton, I think 0.1p is a great entry price. Could well be at that level by the end of the month if this sell off continues....