Member Info for HawaiifiveO

There is a lot more to come here - do not bail out too early IMO - I can see 2p coming quite quickly given ever improving sentiment.

I had a feeling at the investor event something was brewing, my bet is the other permit will be forthcoming, the possibility of a bid now returns.

This was 3p with many predicting 5p+ 18 months ago - anything under 1p is a gift in my view - a new BOD with new ideas and plans for Croatia and now with the possibility of takeover activity.

It does look like there has been some sneaky buying over the last week - if Bird is doing a deal on the Hard Rock then those in the know may be wanting a piece of the XTR cake.

I have tried a few dummy buys and guess what - hard to get anything over 100k without going to 'at best'

I think XTR is poised for another run up

I suspect the Nomad news will go right to the wire - it did at Vast - one day before suspension day - this always seems to be the way on AIM.

I cannot see another Nomad taking on MTL unless the financial position becomes clear, will we see a' full suite' RNS of a financial re-organisation, Q4 production update and a new Nomad brought on-board.

So far MTL have calmed nerves along the recent bumpy road with well timed RNS updates - hopefully this will continue - high rise now but exceptionally high rewards, more-so if the banks are prepared to take a haircut on their debt.

Good luck all.

I would not be at all surprised if a market maker or broker (or both in combination) are short/shorting XTR - has anyone noticed the continual small sells that hit the bid for example.

I suspect the better than expected cash position, reported by attendees of last weeks investor show, has spooked them not forgetting the possibility the hard rock project could be about to deliver some meaningful news-flow.

The entire junior resource space has been under pressure since January last year - many companies are sub £2m m/caps now, some even valued as low as £1.5m. No doubt the shorting entities have made fortunes preying on cash strapped juniors - selling naked short over months on end to close positions via heavily discounted placings.

For all of Bird's faults (he has many) he does have ability to run juniors on fumes, the cash burn at XTR is minimal - no need for a placing with £650k in the bank.

I believe now is the time to buy/add XTR - I bet you will find it hard to buy in size and the market makers will do all they can try to put you off by showing a wide spread and cutting off online buying, just like they did on Friday.

News is the elixir of upside on AIM - at last it does seem XTR are entering a news rich period ahead of the AGM in June.

DYOR etc

I suspect we are close to getting the finance / share issues sorted, it was suggested by the new CEO at the Proactive event that all should be clear within 2-3 weeks.

I have been adding as I expect some material news - both Sefton and the new CEO were acutely aware how damaging the funding package is to sentiment - Sefton has the ability and means to get it sorted out IMO.

I suspect the larger holder is not selling for a reason.

DYOR etc

Great news for holders today.

TSG has secured 'High-grade gold-silver vein deposit is one of the largest gold fields in South Kamchatka' for only $3m

https://www.investegate.co.uk/trans-siberian-gold--tsg-/rns/statement-re-rodnikova-deposit/201904030700059556U/

It is clear to me that certain entities are propagating scare stories on A$VFN in respect of the Nomad situation - even suggesting the major shareholders would want a de-listing so they could seize control.

I find these comments nonsensical and deliberately trying to influence weak holders into selling, possibly for their own economic interest - it is usual for bashers to appear ahead of a material value event. We all know that if MTL deliver the right news the share price will be multiples of where it is now.

Bear in mind that a new Nomad does not normally come on-board until the last moment - as an example look at VAST - in my view it is a formality MTL will secure a new Nomad.

The reason I have total confidence is the new CEO Darren Bowden - he would not want to be part of some crooked scheme nor involved in a company that has it's Stock Exchange listing taken away. So far MTL have delivered news in a timely fashion and this has calmed nerves.

I fully believe the market is totally confident in the way ahead - without Ruffer selling the shares would probably be near 2p right now. I am holding firm and am fully aware how quickly the shares will re-rate when the right news comes.

Thanks for update CE - sounds very encouraging - the AGM is a million miles away - last year held on 22nd June.

Now seems to be a good time to top up - cash position is pretty good at £650k so no penal placing necessary.

This is exceptionally positive news given the company's major shareholders refused cough up most of the initially proposed $20m equity raise. This would have surely angered the banks at the time, it is clear everyone is working to secure MTL's future.

I fully believe we are now in a full blown recovery situation combined with a entire new team of management, all the dead wood gone.

The company is priced to fail by the market, the risk has diminished enormously, this should re-rate to reflect recent events.

Share price predictions are hard but 2p+ is entirely possible short term, more-so with more news expected.

DYOR etc

I suspected the cyclone had only modest effect on operational activity given Agriterra's update - good news indeed.

Bird should really promote this company more - one event a year is simply not good enough.

Chris Oil is a contrarian investor - he backs companies that are in the gutter - he did it with MKA and after an anxious period made a fortune eventually.

Attendees of the shareholder event are aware that there are activities going on behind the scenes at AST, the company is deliberately keeping a low profile, I expect to hear more news, not related to permits, shortly.

If Mr Oil is buying in then his timing could be excellent IMO.

Photo of the XTR stand posted on the AST thread on AD$FN - unattended - Bird was probably promoting one of his plethora of other companies at the time.

No news so far from attendees but captainbob did had a heavy travel schedule, that could explain his absence.

It was interesting that the AST stand had no content on the bill boards today, just a photo of an oil guy climbing a ladder - it seems they do not want anything in the public eye for the moment - I wonder what they are up-to ?

The CEO deleting his Twitter account and now rumours Chris Oil is buying in, think what you like about the fellow, he has followers and his presence may give the share price a much needed push if these rumours are true.

I deeply regret I cannot attend tomorrow - it is the only chance to speak directly to Colin Bird other than at the AGM.

I do hope captainbob will report back in detail - I would like to see some succession planning at XTR, Bird is 74 and seems to be running the show, I am convinced a new CEO would promote the excellent assets this company has in a far more aggressive manner.

In a recent interview Bird said that he expected sell in May and go away to be the thing to do concerning equity markets, he said exactly the opposite in early Q4 last year suggesting by mid 2019 all would be well and the sector would be blooming. This is typical of his mindset, one could suggest kicking a can down the road is the norm with him.

I will be attending the AGM and I hope others will do the same.

I look forward to hearing an update.

The new upbeat message on the website is surely designed to calm nerves - whilst no official RNS has come yet it surely can only be a matter of time before the situation is more clear.

MTL have always updated the market in a timely fashion - I am expecting news either later today or tomorrow.

I would not be surprised to see ORR acquired by a large entity, their Dalafin licence (470 sq km) in Senegal is in an address where there are a plethora of world class gold mines, these include the Sadiola Gold Mine and the Yatela Mine, both in the south of Senegal - where ORR are focused.

It looks nailed on, given Iamgold's recent dispute with the Mail Government concerning Sadiola, that they will build a mine at Boto - they await a Mining Licence and an investment decision will be made soon after - this could be under 3 months away.

http://www.mining.com/web/anglogold-may-sell-mali-mine-failing-agree-investment

ORR management seem to be sitting quietly, it almost suggests they are waiting for something material to happen - given how deals are struck (usually in advance) it is not inconceivable Iamgold will buy out Dalafin, the licence has already had £7m spend by previous ORR management - an offer in excess of $20m is base case therefore.

No wonder the market in ORR stock is tight - I would not be surprised to see hidden entities sitting below 3% - it is also possible stake building could be going on via oversea's nominee accounts.

Stock price suppression goes on for a reason, sub £3m market valuation - totally unrealistic - patience will be rewarded for the longs - newbies may struggle to get in at current levels.

At the shareholder meeting the new Non Exec - Louis Emmanuel Castro, seemed a very genuine fellow, said he would buy shares in the company when it was possible.

One must therefore conclude something material is going on in the background - attendees at the event were assured the company was looking at numerous options to restore value outside of the permit situation.

It will be interesting to see if news comes ahead of the UK Investor Show on Saturday, AST presentation is at the unsocial time of 9am, only 30 minutes after the doors open.

The BOD is transformed, we now have a top notch O&G executive who has experience in dealing with permitting and negotiating with higher offices, Colin does a great deal behind the scenes, as revealed at the meeting. I think the radio silence from him is for a reason.

Investing in AST is option money at current levels, any speculation/leak on the permits and/or news on 'other' events, could multi-bag the share price from current levels.

The RNS from Agriterra today suggests that their operations in Chimoio did not suffer any structural damage - Chimoio is 40km to the East of Manica directly in line with Cyclone path, it would suggest that XTR may have gotten away lightly, worth noting, a few days after the cyclone the WHO map of Mozambique showed the area around XTR's operations had only moderate flooding.

https://www.investegate.co.uk/agriterra-ltd--agta-/rns/market-update---impact-of-cyclone-idai/201903250700118059T/

Having attended the above event I am convinced they are going to address the finance agreement, both Sefton and the CEO implied the same, Sefton said they were cordial with the financiers and the new CEO said they had meetings planned.

Costs have been cut and they are determined to deliver value to shareholders, that was the crux of the presentation. Maybe some unexpected deal may come forth.

Clearly there will be some churn in the equity short period but IF they announce termination or adjustment of the financial package then the shares will respond accordingly.

I have added today - the recent broker note implied a purchase below .40p is good value. Time will tell.

In my summary of Thursdays event I forgot to mention the hints from the new CEO about imminent deals, these may materialize or they may not but it adds another aspect to the investment proposition.

I was impressed by the plethora of blue chip companies the former business had on it's books, it seems these are all available to the Iconic Labs team.

Get the finance sorted and this could get rather interesting in my view.