Member Info for FrankyS1971

Abysmal?? you joke of a human being. They are essentially pulling a free spotlight on the project which costs nothing but time. you have a CEO wearing a PR hat amongst others and getting profile. Oh nooo you want a PR engine and national prime time TV? maybe a netflix documentary sir ?? hahahah..its an early stage micro stock you total p8nis what do you expect??

Good point - that hit 2p went back to 0.6p then went to 10p violently drifted back down then violently shot to 60p within 3 months. This is what happens - downward pressure and drift during development and no news and then violent rerates followed by profit taking that often halves the SP sucks in all the doom mongers before it shoots up again. this will be no different. best to switch off from idiots and have lots of green in my chat these days!

The trading volume is miniscule so movements to the downside will be highly exaggerated ie the optics look much worse than the reality on the ground. April Assays will have the volume and price sharply back up no doubt.

Take a 2-3 year time horizon. nuff said.

All I would say is that 5p now is not what 5p was before owing to the dilution and that on 30k of trades its very easy for the SP to get pushed about and is pretty meaningless. The new MCAP and drift are both of little concern if you play the long game as the next 18 months should get exciting provided the Assays hold up and the economic plan starts to reveal itself. the rest is up to management to not dilute as they see another asset to chase and to ensure timelines don't slip too much. I think overall they are doing fine. lets see some real progress with Agadir and use that to fuel the development of other assets in the mid-term.

Well none of those things are anything other than your opinion Irish. You ll pipe down eventually with your running day-to-day commentary on the SP.

Can I ask Irish why you think investors should be panicked. I don't understand. please enlighten me.

FC - you are being a bit naive which I mean in the kindest of ways as an investor myself. The reason the SP is where it is essentially because of dilutions and a belief that there could be others if there is any slippage. SteveE60 its also a bit daft to look at this day in day out as its a microcap with tiny volumes and the SP can move on very little which in itself is meaningless even if the optics look bad. The truth is that they have to operationalise this successfully or there will be further dilution. They need a couple of full quarters of production with a scale up story. Now if there were a dilution and a set-back it wouldnt make this a red flag but the SP would take a hammering until they prove the mine can work. Its high risk and high reward. I see it as being eye of the needle stuff but i think its a fair sized eye and worth 10K. Give it 18 months and I might see another zero on it or a zero missing!

Irish - Gilini (thank you so much for your correction - it makes the difference) have substantial money to invest. Was that just magicked up out of thin air or did they have success to build the wealth up to then invest in the first place. ? I don't think they are financial masochists. As they are the main investment partner it would make them the largest of all masochists by definition which doesn't really ring true does it? Here they are with a lot more wealth and acumen then you or I. They also have a lot more information then you or I which is helpful and probably takes away the need to spout nonsensical shyite on a share chat.

What it means is that he WILL get paid as soon as there is a raise and an LTIP can be justified right now as there aint no cash. he's not sacrificing his salary beyond a few months js he. Everyone is going to need paying. Dilution on the way.

BT - i suspect the investment board at Gillini might take offence at being called financial masochists with their history of success?

this is a long term 2-3 year journey to multi bag in my view. the initial jorc at say 175,000 tonnes @1.2% minus ops costs rows in at say circa 20m. so that's next year taken care of. 37% dilution at 4.5p to digest (the warrants) will take a while for the market to absorb - suggests to me that, the drilling over the next year needs to show continuity over 10% of the overall prospect, demonstrating a good probability of there being a district wide mine. if it looks like we can hit this tonnage again after the initial mine then you'd hope to be trading at a multiple of x4x5 = 100m. 60% ownership of project post buy-in. so if cmrs gets to an mcap of 60m and today its 8m = x7 or x8 from todays sp but will be 2028 to get there. total *** packet maths here so very happy to get slammed or exonerated lol. i think this is very achievable and am happy to wait.

FBP you sound like a very angry man. The next set of drilling results and assays will make bugger all difference to the SP and once traded up and back down may even end up lower than before so why are you worrying about 20 holes?? A maiden resource and economic outline of the resource plan will get an extra 10% buy in and send a stronger signal to the market. Surely you're not muppetting about trying to create a narrative on on a few drill results and holes on their own. You've had 2 sets of results already since Autumn despite sht weather>>?? You want them every week??? nb hed

Actually Steve i didnt think a few assay results would deliver 1p. Anyone thinking that is plain daft. Delivery will be the transformer but 2 quarters back to back so the market believes. This may drift down to the low .30s but.in microcap terms its all small fry and pretty irrelevant. Hold for gold or fold.

No Golf. This can be very profitable despite higher ops costs as well you know.

No Golf. This can be very profitable despite higher ops costs as well you know.

All interesting FC but they need to get the stuff out military style. No dilutions no slips with the timeline or difficulties with the mechanics of it all. This I think is where the real challenge is and why the market won't react until it sees a few months of production and indeed profit. All to play for. Do we think that part of the scepticism is that the St Elias mine was never monetised? Grades identified an opportunity spotted and then the whole thing was abandoned owing to a lack of investment interest? I'm riffing here but the current gold price makes the economics of it viable at last, but also suggests that Ops Cost were too high a decade or 2 ago. Thus inferring the ops costs are still going to be high. Happy to get educated but suspect I've kapiched the main thrust of the dynamics here. High risk and high reward.

Absolutely. This trades at a massive discount until they tell the market this is what we ve produced and we ve done it without further dilution. When a maiden resource lands with a solid operational update then the market believes and the rerate starts. This is absolutely typical of any other microchip mining story and nothing wrong with the ntvo narrative. Its all positive but now show us you can operationalise it!

Is this weeks share price movement just a suckers rally to rope people in on the way to sub 1p FBP? I'd really respect your view?

What a child. the price isn't crashing you lunatic - the placing was at 2.25 and there s still overhang as the extra shares wash through. when there is good news and this gets traded up you'll crawl back under a rock - watch every day in hope it goes south and then come back out like last time. No life perhaps?