Member Info for hesgoingallin

That’s a good idea Mikey! Maybe around June I’ll do it.

We were talking dollars, not cents, right :D

I’ll play 14.25p ( absolutely not where I want it to be! Just playing the game )

A bit of fun. Post below your guess as to the closing share price on 31/03/2021.

Closest to the pin wins. The winner will be added to the hall of fame.

Entry’s vailid before 8am 22/03 UK time, or when the RNS drops. Whichever is first.

Well Friday was dull!

:D

Hey look, it’s happy hour...somewhere!

Feels like today could be interesting. Happy Friday. GLA.

Likewise I enjoy Mickies posts, I also agree with the sentiment that they are ‘’too positive’’ and have questioned Mickie on this chat myself.

AIM = risky, Mining = risky, Africa = risky, cash flow = risky. Breathing, that’s a risk too!

Don’t play if you cant afford to lose.

I look forward to each and every Mickie post. Even on the weekend he brings a smile.

Let’s hope he is right! I’d love to look back on these posts and smile with a win. But maybe we’ll look back broke and this chat will be covered in dust.

I’m not getting of the bus yet.

Ignore me. I see now.

Is there a post missing here or I just not following where this thread started?

Lol, whoops.

Welcome Bampster.

Results out in circa 4 weeks is going to be the next be influx of news.

As for where this is going I’ll let the others chip in with their thoughts, but there doesn’t seem to be anyone who can find too much to dislike about where this is going.

PS - I reviewed my pension over the weekend to see what it was currently holding and found out that my pensions biggest holdings are the same funds that have JLP as it’s biggest holding. Personally JLP is my largest private holding, I’m up over 200% already, and I’m not selling. In fact I recent topped up even more.

You wake up on Tuesday morning. USA tech stocks have plummeted, markets are in free fall and the there is press all over the news that this is the bubble bursting.

How do we think something like this will affect supply and demand for our metals?

Will investors see JLP as the value stock they need in uncertain times?

Will we get rolled under the mat and crushed as money leaves the markets?

Any thoughts on how we will fair in a large market downturn?

hear hear!

@gshivers

There are a lot of moving parts in a set of financials with many parts of the balance sheet, with some figures open to interpretation by management. All sorts of fun tricks exist to make things not appear as they seem, and the cash balances are the one thing that cannot (unless outright Fraud exists) be massaged.

Our revenue went from 24m to 60m, our cash on hand dropped to by 50%. Our ability to pay short term debts reduced by half, and our net debt position decreased by half as well - as in we had more cash as a % of debt last year to the most recent year.

Re your point on Tailings and I am not so sure. Long term assets have gone up, but not short term assets. Unless Tailings are considered Long Term assets.

There might be nothing here. After all loads of Debt would make it a lot worse if that was present too.

I am not selling my stake. All I am saying is cash could be improved and I would hope that it does. And I for one will be following the cash position more than anything else.

When the markets are closed and you have nothing to go on. Here comes Mikie, throwing up plates of positivity, with resounding predictability.

I'm very interested in the accounts. I want to see that the physical cash position has improved. If we have great sale prices, great production output, but poor cashflow, that will disappoint me.

Some great companies have come from aim, which after all is the whole point.

AIM should almost have one of those warnings ‘’ more than 75% of investors lose money’’ Like those CFD sites. AIM has been the graveyard of many an investor, it is not safe down here. But some companies make it, and being on the ride early can lead to incredible returns for those few who do. Our old friends risk and reward meet head on.

That’s why I think so many people are just so excited about the potential here, maybe, just maybe this one will make it. I hope it does.

I assume as we are bullish we want these out of the way now, rather than higher up? Or does it not really matter when.

I must say I quite enjoyed the 4 years I spent not checking this forum or the share price 20 times a day. I blame Mikie and his way with words!

What’s your vibe big shot?