Member Info for EyeGuy

Drilling results have shown what I think are the best results on aim in years. I think folks hoping to get in cheaper will be disappointed.

Marty- there will likely be al lot more forward sold than the figure you have

agree. When all warrants done we should have another drilling campaign funded with no more warrants or placings imo
rewards are huge

I'll explain again as people still don't get it.
If there are warrants that are exercisable at 1p, the holder can pocket the difference between the strike price of 1p and whatever price above 1p they want. The downside is we don't now at what level or % people will sell the warrants.
The majority will be presold. As in the warrant holder basically assumes a short position, then sells the shares, pays for the warrants after and pockets the difference. The warrant holder this way will pay commission but doesn't actually part with any cash. These are know about and nothing we can do. The good think is id does add to the working capital to pay for more drilling. The good news has allowed the warrants to be flushed to some degree as the shares bought are acting against the warrant sells. So no good asking constantly why the SP hasn't budged despite the buys. The reason being if a warrant holder is happy selling at say 1.3p, then the shares bought act against this say at a 1.40p ask. It wont be suddenly gapping up. But it will get there based on volume in past month. Lock and load is what im doing . Could see 10p next year

You can’t ask people on a bb how to invest money. Dyor

Alan- it’s waiting for the rns. Only way. But the rns will tell you of a past event. Ie rns could be circa 4 days after last of warrants sold

alansugar.
Warrants are 1p so unlikely to go below say 1.2p. That's only 20% profit.
Don't know how many are left. They are forward sold, converted and then notified in that order.

"Absolute madness an RNS comes out 'we have found more good quality gold' Share holders then think nope I don't want any part of that and the price crashes.. baffled!"

Not at all. The market is supply vs demand. It is that simple. The supply is coming from warrant holders which are not necessarily shareholders. That explains fully the lack of movement. Consider it a buying opp imo. Results here top class.

note that EUA had a warrant dump from 1.2 down to 0.9p then went up to almost 4p. patience imo

Alamo- "potential is not inspiring the mm's"
Not true as this is trading in a , what I would call false market. There are many worked sells from the warrants so it hasn't found any true value. This isn't corruption or mm games. Its just how it is pal. this is seriously undervalued imo and nowimo is the time to be loading and not dumping. Could be a real success story in 2020

Ggp is capped at 7 x this. Why would I do that?

Forget mm games, who’s a ramper, contacting FCA etc. Look at what’s happening and imo think about an opportunity rather than moaning imo. If you don’t like it then folks know where the sell button is

I’ll explain again what’s happening here as some don’t get it yet. Warrants are often pre sold. The holder doesn’t actually go to the company unless they want to with say £20k of hard cash. They instruct their broker to sell their warrant shares first essentially by being short. They then close their position and that is the profit they make between the same price and the strike price. Then that money is given. The warrants are often pre sold over a period, then converted then notified. So likely we have had already a lot more done than what has been reported.
So the buys are going against the worked sells hence it ain’t doing to 10p tomorrow. However when the warrants sells have finished, then likely what happens is the sales go against retail. Hence more tick ups. I’m adding here and will keep doing so. Folks here need to wake up and see what’s happening. Once in a lifetime opportunity imo.

The warrants are finite and they are providing money to conduct more drilling. This imo is solg mark 2. I haven’t changed my mind on that. Every drill hole has come up trumps. I’m adding here

Often a lot forward sold. It should keep going now imo

Anyone imo with any sense will be adding now. Majority of buys are going against worked sells from warrants. Nothing more nothing less. As these get flushed through should be a good rise. Of course could drop a few % but realistically these types of stocks come around once every 3 years. Consider it a buying opp imo

53% up

1.4 ask. Fell from 10p. Umm

Another big day possibly. No rns again. Could we see 2p

Not from me. Trade only but this goes much higher imo