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I really hope you're correct Buzz but it seems that the wider market (in America at least) are struggling to buy in with BLLYF down 18% yesterday on big volume.....

Our management really need to step up now and put some real meat on the bones and justify their low bar free share options! Positive RNS re Dundas or GS would be a good start....

BLLYF (I could never understand that ticker!) very strong into the US close at +22% to $0.0134 (equiv to 1p) with good volume. Should bode well for 80M today?

Thanks again Ashton,

Your knowledge and research abilities are much appreciated and reassuring to a LTH who has invested a significant sum (for me at least) and currently remains underwater!

Cheers....

Thanks for that Ashton,

I still have my concerns that this Agreement has been severely diluted to the detriment of 80M and their SHs and we're left guessing as to the exact details...

That said I'll remain optimistic that they can finally pull a rabbit out of the hat and greatly reward us long suffering SHs but they really need to somehow restore investor confidence following their poor history...

Cheers

Hi all LTH,

I've some concerns about 80M's recent RNS re DISKO! As Ashton pointed out the £500k has now reduced to $500k and also that the Management Fee has reduced from 12.5% to now 10%, what else has been given away?

Also, what/where exactly are they drilling with the $7.5m? This can't be the full 5000m drill is it? Is it the seven sweet spots that Kobold identified?

I assume that USFM get nothing until the full $30m has been spent so seems strange to me that they are "starting" with a quarter of this with no apparent time frame!

Finally does anyone have any idea on the timeframe involved from drilling (first week of July) to getting lab results?

Cheers

3 of my 4 £15k trades have now appeared as "black unknown" trades after almost one hour of actual dealing! Can somebody please explain this? It doesn't seem a fair or transparent way of running a system in which "Joe public" can make informed decisions!!!!

I've just placed and dealt four £15k buys in quick succession and none showing on LSE trades!

Re - "We have not disclosed our latest position, we will do so at the FY25 Results in due course. No change to the hedging policy though." Surely this is market sensitive information and should be disclosed once known? How can anybody assess if the company is worth investing in or not without such key fundamental financial data? I don't get it......

.....that I can't ignore is the relatively recent appointment of Ian Perks as our CEO. His CV and reputation seem quite impressive and I can't imagine he would accept the post if there was even a slim chance of the damage his reputation would take if the Company failed under his watch. He must have done some DEEP due diligence and satisfied himself that this doomsday scenario was unlikely? Plus his not insignificant share option "perks"!

I very much doubt that the "1p by Xmas" can now materialize as muted by some on here.....

All the rabbits are out of the hat and a 50% rise from where we are today seems highly unlikely.

There will likely be some snippets of news before year end but not, IMHO, of sufficient magnitude to warrant a 50% rise. The NASDAQ news is probably the only one that would have had a significant impact but, it now seems, that this will pushed into Q1 2026.....

C'est la vie!

Thanks for sharing this Zebbo a very interesting, if not long, read......

Yes mr.gez! No mention of 80M but very interesting nonetheless.....

https://www.youtube.com/watch?v=Q41nb-Nym8U

Good news! My tracker has her arriving in Moriusaq around 8th October so should be leaving quite soon for the "promised land"!

IvR - My understanding is that the intended vessel has "Ice Class" so may be OK to transit to Jameson year round? I've also seen a map of the expected ice formulation around the Jameson location in December and it doesn't seem too bad and likely getting better every year with Global warming. Happy to be proved wrong....

Up again! Currently 0.735p mid price...

According to Vessel Finder "NORDIKA DESGAGNES" has now departed Becancour Port and making good speed at 14knts to another Canadian Port (Baker Lake) where, it would seem, she will offload or load some unrelated cargo? ETA into Baker Lake is 6th October.

You spend a lot (a very lot) of effort on dissing 80M! I’m curious what is your real goal? To save prospective investors? Make a better profit on your short? Be holier than thou? What is it?

Hi Ashton,

Enjoy the festivities but a quick question before you do!

I can’t imagine your chat didn’t include the long awaited update! Any crumbs you can share?

Cheers

Exactly what “media speculation” are TLW referring to? Anybody know?

OK Ashton and thanks.....