Member Info for Fukurokuju79

I dunno I think you can realistically anticipate more than a ten bagger on any decent exploration upside, IMO

Ooooh it's like the Oscars... Lol

Ultimately the reality is exploration needs money.
They managed to get the money away well enough and not at a huge discount.
Warrants being money down the line bit that's one element i'd rather BT didn't continue to use forever.

We've got a lot of quality assets, a decent team and a plan. Just need all the preliminary exploration work to bring results earlier in the drill campaigns.

Switch off until then

No I don't think they have. Collaring all six. Swapping to DD then finishing them all off.

Think may be best to let the board settle then come back when the new brigade disappear.

Atb everyone.

If they hit in one hole that would be fairly uncommon and only be because of the hard graft that went into pre drill exploration.

That said they are current RC drilling and collaring all 6 holes before finishing them all off with the DD. So any 'visual' confirmations will be after this and then they will need assays.

Lots of worms have appeared out the wood today. Heyho. If it brings some attention to the significant areas KAV can't all be bad.

Atb.

I managed to get some more earlier.
Yes be good for news on the bond financing.
It's moving in a range ATM until next news.

Atb

Yes indeed. Only a matter of time before the market reacts. Needs more volume and interest but if this deal being finalised doesn't do it nothing will. It's an incredible deal that the market really is discounting ATM

Bit slower than I'd expected today so far. Under the radar ATM I think. Still decent return but slow going. The assets and hot commodity areas at this market cap. Should be bagging already imo

Patience is key

Muted sp reaction though. May kick in later.

Agree EyeGuy.
The helium in the RNS is why I bought in at 0.007.

Helium is hot and not loads of stocks like the standard commodities. I'm not sure I'm here for the long haul but I'm here for now and this should rocket at this mcap when filters through.

Then I'll decide if I leave some to run.

Atb

Think of the first. 15 mins like selling teacups at an antique auction.
They open high. They lower to find the market. Then mmentum builds.

Never any guarantees on how a market reacts though. I do expect a rise here today but have to wait until mid morning to get a proper idea tbh.

First 15 mins is always car crash to base decisions on

Why 1.5p overhang?
How did you think they would get capital?
Do you not read the financial statements?
Are you unsure how non cash generative companies raise cash, and list on stock exchanges?

Not being rude but if you didn't expect a raise I'm not sure why.
It doesn't sound like the strategic investor will be selling soon. If the warrants get approved and we rise to above 3p then maybe they will but the strike price of this placing was 1.8p. not so far off or current shareprice. Could have been MUCH worse IMO.

Atb

No issue with the funding, reasonable price and can't progress without it. I totally hate the warrant model. Yes, I get it creates a runway to raise more money at a higher price but just don't like massive warrant banks.

That said, bring on the truth machines and some home truths ;)

Atb

Minister not minter lol

I have a feeling in me gut though of a potential rise in anticipation of news/confirmation.

Nothing substantiated, other than the obvious.

When I watched the Zambian minter of mines press address he said a team will be working days and night (or something along those lines) to clear the backlog.
Any ordinary SLAs are not relevant ATM IMO.as for how long it'll take to get to ours, no idea.

They have incentive to get onto it, if they aren't already.

Atb

Lots of info there hopingforbags....

Can I try to summarise my interpretation of your posts and can you confirm I'm barking up the right tree.

The government have increased budgetary spend. The money has to come from somewhere. You believe that somewhere is to support and fast track chuditch?

I note the revenue stream you've listed. Many discounted for various reasons.
Is it possible that if we ancitipate the government etc will provide support to chuditch, that they could u turn and/or resolve the issues that you've use to discount the other options?

Let me know if I've misinterpreted. You've clearly a LOT of useful knowledge.

Atb

@percy....

When you say "with average at 0.0007"

I suspect you mean 0..007 ;)

Otherwise you got an amazing discount to prevailing price.

Keith, you just wanted to get some big and confusing words in after you gave the game away that all this rock stuff is super easy... :)

Adam, you're basing your assessment on feeling. While intuition can be important in investing (if you have a good one), emotion and feeling isn't too good to follow.
Just saying. No offence.