Member Info for formerlyeasyp

OK but when....?

Break even by next year, sector out of favour, bought 500 shares will add if news remains positive.

Https://www.lse.co.uk/rns/garfield-potential-for-tier-1-copper-deposit-ce8l8juqbrsdn6d.html

Might seem odd posting an RNS from another miner but I think it will be useful as a comparison when EEE hits copper. As you can see the grades considered to be commercial are quite low.

I suspect the copper grades EEE are sat on are likely to be higher due to the survey carried out earlier this year which was described as giant.

At present I am waiting for the sp to fall back before adding.

It is an outrage imo. I no longer hold 888 but do own PTEC and imo the offer was a good one. Almost tempted to buy a few 888 as another bid possible but not for more money.

The WMH deal was an act of madness which lumbered a great online gaming company with $ billions of debt and a string of betting shops.

Claims (BS) that the deal, the brand would be good in the long term are not reflected in today's sp.

I predict a sp drop when markets open.

I was concerned about their cash position.

Yes....but then The Grinch stole my Santa rally.

Half Year Results lay out what has financially and operationally gone before.....a dip possible as you suggest. But I am buying for where I think FAB will be in 12-18 months time and therefore am not bothered about next week.

Https://www.telegraph.co.uk/business/2023/11/30/gas-network-maximum-capacity-cold-snap-hits/

But ANGS sp hardly flying upwards despite the squeeze on natural gas?

Sold TLW which had given me a good run and added another 30,000 ORCA via HL at 19.99p. Why? Because I expect the deal to go through in 7 days and will take profits if it does. I tend to trade around movement even though I feel the whole oil & gas sector is under valued at the moment and worth holding.

Confident of a deal within 7 days, buy the dip imo.

Try UFO for great iron ore grades!

Yes, WE all get that 33p was too low.

But are there are talks going on about a higher bid?

What price might the board consider a fair price?

Latest grades are impressive but how easy is it to do business in Turkey? What political risks does a gold mining company face in a country where inflation is so high?

Makes no mention of how much grant the Australians have been awarded? Interesting and encouraging but financially small beer imo.

No mention of the recent bid?

Is the Chairman having a laugh? It needed to be mentioned imo with a statement as to why 33p was not enough.

How come the market prices SRB at sub 50p seems a bargain at 33p?

“This has been another excellent quarter for Serabi as we seek to deliver consistent production and drive growth in the business” said Clive Line, Serabi’s CFO. "Strong quarter on quarter production is supporting improving financials with EBITDA growing to US$8.79 million and continued growth of pre tax profits. Cash balances have grown to US$15.4 million (US$14.7 million net of cash held under the Vale Exploration Alliance) compared to US$7.2 million as at 31 December 2022, with net cash attributable to the Group increasing by US$2.4 million in the third quarter.

“With the very recent news of a threefold increase in mineral reserves at the Palito Complex confirming the continued longevity of the mine, and on-going development of Coringa being funded from cash flow, the first nine months have been very rewarding and we look forward with optimism.”

Https://www.proactiveinvestors.co.uk/companies/news/1034646/aviva-legal-general-easyjet-what-brokers-said-today-1034646.html?utm_source=newsletter&utm_medium=sendy&utm_campaign=uk_daily

Interesting comment CJ39 I can see both sides of the argument but as you say if the market thinks the sp should be under 2p then it is!.

Meh!, it will probably drop a little bit this morning after the rush of yesterday. A bit of profit taking the morning after etc but in the longer run I am day dreaming about what there intellectual property might be worth? Hard to price imo but enjoying the ride.

Awww come on where's the copper?

Actually, who cares? 300% up and climbing fast!