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Well 1+1 is usually 2 but here usually it's still 1, however I am hoping for progress. Yes the company will be updating us on final plans how to monetise the asset, its review for a micro development to commence the project is likely to agree with the board that it is absolutely viable. The Opex and Capex will obviously be much much less and finally there is an increase of interest in us ( no sh*t sherlock- I wonder why). So if all the stars are aligned, perhaps finally after all these years- our day is here soon............ maybe.

whale crap, if it comes out of the right end is worth a small fortune by the way............. LOL

Hi Anth, I can't work out that whether their form is a position of strength, naivety or stubborness. Most companies are concerned about their share price for exact events like raising cash, investor sentiment etc. Its just weird, and like you I am here for the discovery only and await patiently daily........

I think the surprising thing for me is the total disregard the board have in respect to the price of this stock on a daily basis, it's weird. They should know it's better to raise when the price is high and not this low, communication and updates also are seemingly nowhere on their to do list either. Nothing has changed for me, apart from a notch up in frustration and an absolute surprise that you can buy here in the 2's again.

Definitely not apples for apples. Both these are in hostile countries on the African continent, iron ore as well! this commodity is hardly in demand right now. Empire/Copper-Huge Demand-Global Shortage-Australia, enough for me.

I am pretty confident PF will go to development, huge global need for copper. This will be farmed out in 2023.....

This stock needs a permanent rocket attached to it, in order for it to stay up. Falls down every time when the buying slows, indicates plenty of selling aspiration here still which is typical of AIM.

Yes agree, I think news is en route and change of broker is directly correlated with this. New broker has nothing to do with the expected fund raise, the last one did a good enough job for them so the change in my opinion has nothing to do with it.
SP Angel are a good outfit, and I think they are on board for the next step up. Will soon find out.

Multi Billion dollar company in the making here, this copper asset will be a company maker. Topped up with some big ones today.

well the board seem very relaxed about anything, the one thing I do like is their honesty rather than some of the companies on AIM pump and raise (MATD awful on this in the past) I feel RNS in my blood and expect something next week or the one after with details of the revised capex and operational update. I am hoping our partner is already here and is just waiting for the report to be finished with clarification of Capex.

zzzzzz, even the robots are sleeping. But as per the past, the bidder will be the driver here because the selling has well and truly stopped.

This could re rate SQZ style, SOU also went 1p-£1 in blink of an eye....(oilies) First target -25p, I suspect an early bird farm in here......

Nothing standard about an uncrossed trade for 1 share in auction at all at yesterdays closing price, some 16% below the closing bid and 20% below the closing ask. A statement, that's what it was- lets see what tomorrow brings.

Uncrossed trade for 1 share at 1.25p fixed the price at yesterdays close, gotta love these MM'S. Think this will explode tomorrow....... possible RNS as well.

The licence will be kicked on to next year via extension like it normally does. They will need a bit more money and we are waiting on the Capex cost for the reduced development of Darwin, so news definitely soon.

Just wish the bidder would stop poncing about in early 3's, there are no sellers left down here. Time to raise their bid.

bid looks more agressive today, could see blue and the 4's again. I suspect we have some news en route very soon

strange mirrored trades of 534,797. One clearly a sell and the other clearly a buy

Yep read it and the report is a full ten years old shortly, progress as we all know has been veryyyyy slow....... The only difference is a seriously marked increase in resource and well flow rate, also really interesting is the rock below the condensate is likely oil bearing. Darwin could well be the mother of all and worth even more than we all originally thought. Capex for the initial three wells should be interesting, interesting to note the original costs quoted using a huge 40% contingency. My guess around 750 million-1 billion dollars and using a leased floater to get this thing off the which isn't a tiny amount of course, but the interesting thing is that all original Capex will be repaid within 24 months at the current oil price which could be the deal sealer. However all of us can guess what the oil price will be in 3-4 years time (or more) after project sanction.

don't think its that earth shatteringly big personally, shifted the bid up back to 3 and that's it.