Member Info for grahamwickens

mixing your metaphors there JLP :-) when the share price takes off, and it will, then best be on the tractor . . . . hmmm maybe that don't sound right

This is only an agreement and while it does show some progress TLOU are still years away from actually making any money. New investors getting suckered in and will be trapped as the SP falls away again, unless by some miracle the PPA / financing deals are done soon.

Stick me down for 2,490 please

I think PW is referring to the initial production figures being a bad seat rather than the company being a bad startup and all the directors selling just before the bad results were published which is very bad form if nothing else.

You are deluded Moagi - pray tell me what influence TLOU has over the BG and why if they have any they haven't used it already and have the ppa in place - that's why they have no control over their own desitny atm.

tbh Brad I've lost track of who is saying what as my investment here is only £9K . As I'm in for the long term at about 3.6p, don't even log in here every day. I've set myself a timeframe of the end of next year for the ppa and funding to be resolved and will review the position mid 2022 wrt whether I made the right call or not.

At the end of the day, TLOUs future progress is not within its own control; it just has to sit back and wait for the lazy B**tards in the BG to get off their arses and get things moving. No point in progressing financing until the PPA is in place and other than tickling around the edges with poles and wire there is nothing they can do to change that. We all just have to WAIT and decide whether we are investors or traders; that latter should probably sell up as unlikely to see any return in the short-term. However; once the PPA is signed and the loan sorted then . . . . LIFT OFF and an 'investment' at this price will probably 10 bag within a coupe of years.

FFS Brad, what are you going on about and how is this in any way relevant to TLOU, if you want to open a discussion about Apple products please do it on the Apple thread

What this tells me is that by this time next year we should have all the cash we need for expansion AND be able to pay a dividend so that income, rather than just growth investors are attracted to invest.

Let's not get too carried away until we understand the detail - minority earnings could be 49%

"The PGM Supply Agreement offers a minority earnings participation to the Chrome Mine partner allowing them exposure to the PGM values which also enhances their earnings potential."

marooned

I'll sell you some for £1.50 a share

fwiw my view is that it will happen but we're taking part in a 10-year marathon, not a one year sprint to some mythical finishing line. Recovery will be much slower than the drop and will take at least 12 months however the long term future remains rosy and we have to focus on the fact that Sprott is an investor, not a gambler and investors are usually in for the long term. The potential here remains fantastic but over a 3/4/5 year timeframe, not a 12 month one.

Everyone will be aware that there is absolutely no catalyst for these shares to start rising again any time soon; no resource upgrade ready in the near term, no improvement in figures so they are free to short the hell out of it . . hang on its going to be a bumpy ride

Good presentation and think that most current PIs will now be tied into the long game. Updated guidance and resource estimates later this year will certainly help but we'll be hobbled by the number of warrants expiring at 85c in July 22. I don't expect to be back at breakeven (currently 25% down) until Q1 2022 but by then maybe a maiden dividend will have been announced?

Yep, I caught a falling knife; bleeding badly now . . .

A poor update, no wonder the sp is tanking!!!

Whizzer, personally I'm not bothered about funding news as long as it arrives before we need the money; ppa news sometime (very) soon would be good though.

I managed a purchase of 83.5K at 3.699

trade went through at £1.08, great value and be rude not to at this price