Member Info for EyeGuy

sellers look flushed now. moving well

deal on for me- drawn investors to the presentation only a few hours ago. 5p possibly on farm out. maybe more imo

I’ve added again a few times today. It seriously looks like the real deal offering a global solution. Note it also says governments.
Imagine if the Bag a contract to test and trace a city of even a country.

Well that’s what anglo said it was worth in 2012.
Iron ore flying, $160 million of stockpiled ore.
Circa 25% increase in material.
Very high grade product. Port and rail links can be further sub contracted out. This is the real deal. It’s a tier 1 asset. Not the usual aim ****e

49% is obviously circa double that.
Plus the mineral Resource increase and FE price should also increase NPV.
Also port and rail links will add another chunk on.
Could easily be over £1 sharpish

Well 20% of Amapa if you take anglos unimpaired valuation is £182 million - so add odd the rest and it’s circa £1.50 per share

Mr C- it’s not that funny. My agenda is I buy shares that I think will do well and sell or slice and make money.
A lot of the worried longs probably are not that even though they post they are.

Thanks legalease.
I’ve been doing shares a long time and have seen various behaviours BB
I was accused by “long termers” in VAL bb of being a con man for predicting a rise from 3.7p. The long termers told me time and again the sp would drop to 2p. It didn’t.
This Amapa deal really is a one off.
Lots of distraction tactics employed on here.
I would say as well that the market doesn’t wait.
One of the worst shares 2 years ago for me - wsbn
This year One of the best shares- wsbn
You say rather than moan about richard Poulden I have noticed when the cards have changed in my favour and taken advantage

Y110- without naming names, a lot of posts here are negative spin and distraction away from Amapa to suit various swing or negative tradinb agendas. Nothing more and nothing less.
The market will speak when the deal is done and of course every man and his dog will be buying in and the negative posts here will be drowned out immediately by a herd of bulls.

Observer. The information is there in the public domain.
I’m sure when the shipments start and the mine plan is started they will mention it.

I think the truth is simpler. A lot don’t want the shares to go up.
Same as Val. Bar this weekend I don’t post on here a lot because there isn’t a lot of point. Take t-smith’s post as a fine example.
If you are worried that taking a large % or a tier 1 ex Anglo American asset when the mcap is £20 mill and there is $150 millio of ore awaiting shipment is “continuing the gravy train” then there is not much point holding these shares is there. These deals on aim are a complete one off. If you are waiting around for a better deal best to sell now imo

T-smith- what a load of nonsense that post is. Are you actually serious in what you are writing?

MrC- the Amapa deal if pulled off, which looks likely will be probably the best bit of business I have seen in an aim miner.
You have to look forward don’t you. Once you have made your point about the past it’s time to move on. The market isn’t bothered about what happened in 2014. To make money on shares the shares have to rise from a certain price. If you believe this story it’s time to average done and reduce the average. There will be no sympathy from me the long termers that keep moaning when the sp is say at 50p and they are complaining they are not in profit. They have had every opportunity to read, digest and average down. If they choose not too it is their problem

LIION- as much as you want to say “greedy bod”, “dilution” what does one expect? Cadence have a PF of pre revenue assets all that need money spending on them. Fingers in a lot of pies which costs, plus salaries plus aim listing. I’m not sure what anyone expects? Amapa completely changes everything. The asset is real, the revenue is real and they are getting an asset with $160 million worth of product. It isn’t drilling holes.
The production from the asset is very achievable plus the capital on rail and port can be utilized in other means and will sit as assets.
I have bought a lot of good mining stocks over the years and this is in my top 3. And it hasn’t started it’s journey yet.
Risk is it doesn’t happen but can’t see it myself

Jimb- agree. Not sure how many are genuine here. Heard the £1 to break even several times. Doesn’t make sense to me. We are all here to make money. Surely if you still held shares then you believed good things were coming otherwise sell up. And if you thought good things were coming and if you were that much of an expert then why not average down significantly. Let’s not forget SP here is what - 4x from lows. Certainly a good opportunity from 6p ish upwards to add. Many appeared not to do so which indicates to me that when the sp does rise with Amapa the bb will be full of negativity of “only another 300% to break even” etc.
Same happened on Val bb. I was accused of being a conman on that bb when the sp was at 4p or so. Many “long termers” were predicting their shares to drop to 2p or 1p. I added heavily as the cards changed in favour. Yet all the experts didn’t average down. Didn’t buy. Kept moaning. Now they don’t post after the sp went up 20 fold for a time.
My point is- if you were that good and that much of an expert, you would average down significantly if funds allowed so when the rise comes you would make money and not be breaking even. And if you didn’t think the rise would come you would sell and move the money to a share which you think would rise. It’s called common sense.
Hence a lot of untruths told on this bb and why I don’t post too much on here. Not worth the effort of arguing with people who likely are spread betting.
The market is not interested in what happened 6 years ago.
The numbers attached to the ex Anglo asset are as good as I’ve seen in many years and that is what the market is interested in.
Should mulitbag on RNs

Shipping isn’t happening until creditor agreement is rubber stamped as per rns

If you don’t like the shares, trust the bod or don’t like the company then sell up imo.

Bannor. I disagree with most of what you said. If you take for example 2 shares with similar tankings and dilutions . Let’s say VAL and BZT for example. A lot of “experts” predicted a few months ago the share price would go under 1p. In fact in went over 60p.
Had the same on BZT. Long posts about SAG action groups etc and since then the SP is up 4 fold.
You see, often in aim shares when the cards get dealt in you favour you have to react. No point musing about the past. This wasn’t for me until Amapa because even though the NPV’s of the other assets are high, to service them requires dilution. This is the issue with companies with fingers in many pies. Amapa changes everything namely because the cash flows will be very real and they effectively have a product of extreme quality and value ready to sell. Also the capex of the mine is mainly for port and rail. The mining risks are pretty low as it’s an already producing mine.
Everyone has had chance to digest the past year of RNs and to average down. If folks don’t take this chance it is their problem.
And don’t believe people are spread betting,
Course they are

There are no stocks I have seen with such a high % of a tier 1 asset for such a low mcap. Particularly as the asset already has $160 million of ore awaiting shipment. It can’t continue being this low. It may take the RNs to ignite it but on RNs 50p is still cheap imo

We will. Lots of spread bet accounts imo masquerading as worried long term holders who forgot where the sell button is.