Member Info for Echo1

Are you a holder negs?

Yes its been a roller coaster Elguiri. And i too think we'll explode upwards soon enough
I was 3% from my break even when the CEO ran off to the FT and before I knew it I was thousands down.
But the investment case is still good here.
And like I said - the SP is being managed at present.
Just hold ;-)

I wondered whether Marsfontein is being used as a bit of a testing ground for the processing plant and the overall operationality?

JC contradicted himself a bit during the interview I thought. Because he said the plan was to move the processing plant from Mars to Thorny River once the gravels had been mined. But then he indicated they may be mining them simultaneously?

So how does that work??

yes I agree a somewhat strange day with regards lots buys vs few sells.

BUT - I think it adds weight to the theory that the price is simply being managed until those big buyers have made the necessary moves.
Remember - the BOD needs to certain it'll get any re-dom vote through. So it needs the institutions onside.
The £3 and £5 million are simply the pieces being moved around the board into position.
Once the BOD are happy we'll see a return to a more normal trading pattern me thinks.

As many of you will know, I have moaned a lot about the lack of share price movement over recent years.
But the company is now producing diamonds and it’s a big game changer.
I’ve heard plenty of CEOs talk about shareholder value and returning it, but what is shareholder value here?
Personally I’m not holding for 30, 40, 50% profit. I am holding for three or four bags at least. And I honestly believe given the investor patience shown that is what LTH’s deserve.
But how does a company get its share price up or its shares noticed?
The recent rise to 1.3p on the ask was due mainly to bulletin board heroes on Twitter ran by Zak Mir.
There is also a stock box, and I noticed we have an interview imminent and then there is the general Twitterati.
And then there is my favourite - exemplified by RAINBOW RARE EARTHS. They did an institutional fundraise for a big premium and saw the SP go from 3p unto 20p (Can’t remember who pointed it out to me?)
If the company is entering a golden period as we all hope then institutional involvement will come.
And if thorny river is as big as we think will the current processing plant be big enough?
I still think thorny river will add huge value
GLA :-)

An excellent observation Expart - and more than likely the most important factor
GLA :-)

Yes very satisfying.
Looks like the party is starting.
2023 is going to be excellent
Well done LTH’s

As Donek and HITS have pointed out the success or failure of ANGS is now hinged on the sidetrack testing.
If the flow rates are as expected (or better) the weight that the financing is having on the SP will (IMO) diminish.
Remember - the gas flows 24/7 365 days a year.
Which ultimately means the flow of £££££ is continual :-))

GLA!

JC has always got a massive smile!! He could be stood infront of an open grave and I'd bet he'd be ear to ear
Regardless of where he is or what he's doing he's always beaming :-)
But mining and processing are in full swing - that's now certain.
And that means that BOD is now a miner and revenue producer!

.

From JS and ID
The pan concentrate tweet was dated March 15th
And I’d forgotten about JC giving it a month of production before an update.
To my mind everything is going to plan - any problems would’ve surely been RNS’d?
In the next RNS we’ll get tonnage throughput, carats per hundred tonnes and ? The likely length of the project?

GLA :-)

And still they sell.
Madness when the company is so close to a pivotal period.

JS
I wholeheartedly agree.
I shall be gloating my **** off :-)))
GLA!!

The out of hours trade today at 16:35

800 shares only.

Mm signal - prepare for an increase in trading volume.

By my reckoning -
JC said the permit application went in in early September.
And the permit process takes 6-9 months.
So I’m hoping it’ll be imminent

Good to have you on board ID
Liquidity is pretty poor, both buying and selling.
Marsfontein is producing diamonds - it’s just a question of how many. The thorny river mining permit should be with us shortly. And then, of course there is the possibility of Ghaghoo.
Ducks in a row soon fingers crossed.

Thank you Phil!

Well that’s me swayed Michael.
I’ll be selling up in the morning ;-)

The results we’ve just seen reflect how incredibly difficult Q2 AND Q3 2022 was for the company.
In Q4 this situation began to ease and a turnaround began.
The cash position of POLY is very strong given the withholding of dividends.
And add to this a macro environment of consistently high gold prices and 2023/24 will be far easier.
Keep your head and don’t sell out for a loss - all you’re doing is lining the MM’s pockets.

GLA :-)

Many moons ago I predicted a SP of 4p on sidetrack success.
Then came delays, warrants and doubt.
But Angus have come good and are starting to produce what investors want.
I’m pleased I’ve hung in with an average of 1.9p
4p now seems rather realistic. Bring it on :-)