Member Info for dvharrison

All down to being awarded the PEPR and we then have a great 2022! Can't believe how 'easy' it is to make money on covid stocks atm even the companies that are completely hopeless. It was thew same last year too!

Alan Broome wheeled out in front of the cameras when up for re election as a Director then back into hibernation. Cynical ploy to pick up a few votes. Few appearances from our BoD, particularly by JP probably still embarrassed by the furore created by last years bonus and the missed deadlines experienced in getting the LCCM PEPR & finance. At least there are no more embarrassing lines like 'tsunami of cash' so lets be thankful for small mercies....

Great for a quick trade, a bit of Xmas money safely banked. GL to those who remain invested, very brave.....

How is this share price defying gravity? Amazing that the SP remains above 2p when the company may well go bust next year. Some brave souls out there buying atm. Might be worth a short term punt if the SP drops to 1.5p....

We had the Stonepark drilling results on 26 January which were not particularly good and the share price sank 40% having touched over 2p+ at one stage in anticipation of decent drilling results and a takeover bid by G11/Glencore. Nothing since and G11 focused on Carrickittle which, to be fair, have produced some decent results. If we don't have anything of significance at Stonepark (double what we have now to justify a mine according to Teeling) and we have a couple of gold 'assets' that will never make it to production imo, what do we have that justifies the current mcap? Sadly, I can see 0.5p early next year if G11 decide not to dill Stonepark.....

spread of 25% so buys show as sells.....

I don't think Redmoor has any value in the current share price. This is all about LCCM short/medium term for me. We are awarded the PEPR and we have a saleable asset, we get finance then we start generating cash/profits in Q1 next year (according to the BoD), both scenarios move the share price upwards imo....

The only spare cash lying around just in at 0.1288p. No idea why the sudden 105 drop!

dotcom, the share price is a mere 10% of its peak a few short years ago reflecting the BoD's litany of missed deadlines, wastage, dilution, ineptitude and greed. Cobre income (700k tonnes magnetite stockpile) protects us from further falls in the SP imo with the potential upside offered by LCCM & Redmoor. Could be an early 'bag' in the offing....

bitcoin, you still invested in GGP? Thought about going back there as I saw the current price is around 14p (below placing price)

Yep, I agree in that we are very unlikely to see any money from the adminstrators. Short term our best hope for a SP rise is LCCM PEPR (re submission by Xmas the BoD plan). Longer term its about LCCM finance and/or Redmoor/SML buy out imo. I'll take 1p+ and walk away happy...

Gainabit, look like peeps agree with your view about our gold 'assets' and silence on the Stonepark front is deafening too. The boat is sinking....

I daresay Teeling has now packed up for Christmas. His 'promised' RNS on Stonepark drilling announced in his interview on 16 Sept ('10 days to 2 weeks'!) over 2 months late! I don't blame Group 11 focusing on Carrickittle given latest results (Stonepark latest results average at best) so as the junior partner we just await their scraps.....

Tenerife end of week (almost cancelled after the latest restrictions!) and back Christmas eve, unless we test positive for covid and then we get a 10 day extension lol. I 'm supposed to be in the USA in February and their processes to keep everyone 'safe' appear even worse.....

bitcoin, IF the BoD achieves its target of submitting ALL outstanding PEPR information before the year end then I see a share price north of 0.6p as this effectively means it will be rubber stamped by the authorities imo. We then have a saleable asset. Obtaining finance that exceeds our macp from a 'global' bank, well I'm not holding my breath! (1.5p+ in the unlikely event that it happens imo)

25 Oct RNS: 'The Company considers that it will have submitted the necessary additional PEPR information prior to the end of the year and expects to be in production in the first quarter of 2022'

Just find it difficult to read posts that are littered with grammatical errors, is all lol.....

Haha SB, probably both lol I see you have 8 'recommends' for your post and Fever has 2 for his last 3 posts. Says it all really.....

MrT, I think the situation is very clear (and sad) but we need to move on. Not worth wasting any more time and energy......

'the companies close to administration'

How many companies are you talking about?

I'm getting excited by the Hawiah update this month!