RE: Buy Price16 Sep 2025 17:20
Hi GoldbugUK
As you can see my response regarding your first post didn't go down well with Bugzy, of course he is allowed to say what he wants when he wants like everyone else but I didn't realise he was such an agressive bully. Regarding the more important views on here I think it is about manageing expectations and understanding what the Board are doing and trying to achieve. We we probably have different views are regards to that in a nutshell. the results show what the Board thought it would +++. It shows that the minerals are there and it also shows that they get better the deeper you go. In fact the results are better than Alphamin as I said because their first results show nothing to be positive about. They also showed no Zinc and very little Copper. People buy on the rumour and sell on the news when they trade and I think there are a fair amount of traders on here like everywhere else. We are all not happy with the SP, I purchased more 2 weeks ago at 0.39 thinking like most that it would shoot up. I keep on askingmyself,DO I TRUST THE MANAGEMENT !!. that is the most important angle. There is a deal to be done in the near future, about 12-18months is my guess, I would want a lot soonerbut that is the normal timescale from here. LFM seems to have someone close to the Company which is good but no one knows what is going to happen and who is selling and what the future holds. The reason I invested here in the first place was because of the management and most importantly because it is one of the few Companies who openly talk about the end game, they want to sell the asset. I do believe however that if we get to that stage there will be some shenanagins regarding the deal. We will by the looks of it have an asset in 6 months time and we have a buyer it's just putting the deal together to make it appealing to everyone.
LFM came up with something a few weeks ago that I never thought of which is them satying in with the buyer for the future, that sounds lke a good idea, then the buyer needs to make the Board happy, then us lot will get fed, that is where I see the shenanagins happening. The price will be better than 1p but not as high as we all want. Just my point of view and I am probably wrong. Your thoughts are very interesting so ignore others and keep posting