Member Info for honestbob

In the icons above there is one for short positions - it says none
How accurate this is I don't know but I have tested on another share and it says there none open but details historic ones.

Must admit if not for shares held by rights holders - ordinarily given small number of free shares - would have thought be risky to short here

I have go agree this is a concern but they do seem determined to carry through but yes their age may have reduced their desire to drive it through at a pace

I must admit that one of my great concerns is the overhang from the last rights issue. Previous rights have seen a spike and as far as I can tell the rights holders then sold for a quick profit

This time - unusually - the price dropped below the price of 6p

Hopefully a proportion of the rights holders are in it for long term. Rralistically some at least I would think were hoping to make a quick profit.

In which case there are up to about 10 million shares waiting for share to go above 6p and then be sold.

Inevitably this will damp any rise and if they get tired of waiting and want to or need to move on before then will have an effect

Yes about £48000 of buys if figures right not a huge amount but livelier than for while

Ps please keep posting potential good news etc if doesn't hurt and helps steady the ship

Given the work QME do for them it would be unlikely that they have not had a look at Parys

But i would have thought that rather than wait for the price to rise etc and the PEA to be produced when pretty much all the PEA information was available that they would not have put an offer on at fraction of current price. They can also see what is happening with Labrador which potentially reduces need for sale.

If they were in negotiations i do think it unlikely it would have leaked to chat board (although not impossible)

So whilst would like rumour to be true
I am not confident.

Although what is true today can change by tomorrow

Mikey whereabouts are the rumours

I have a feeling that for some reason it is zinc that is going to come out first with copper some way down the line.

I don't know if anyone else can recall and how long after mining commenced copper was to be extracted in meaningful quantities.

Either way perhaps the key thing is for our board to press on while prices good

On a slightly different note I tend to look at (especially with supermarkets) their net profit as percentage of turnover - and the net profit itself. This being what is usually available for dividend and reinvestment. Tesco last year i think had net profit approx 900, million on sales 60 billion - less than two percent. Its similar for other supermarkets. I do think this is area that sometimes warrants closer management attention than perhaps market share. Although its the latter that seems to get most attention.

As a rough and ready extreme example if Tesco could increase all prices by just one percent. Would increase turnover by 600 million and net profit same amount in pounds but in percentage terms by 60 percent. The reverse is true which is why i get a bit twitchy when supermarkets I have shares in trigger price competitions. It is a very fine balance and I don't envy the management's

I had only popped over to see all your thoughts concerning the dividend etc and thank you for the information on the board and your courtesy.

I will now return to my more normal board and make a nuisance of myself there

Best Wishes

HB

Barchid must admit even pre covid i tried to avoid visiting any super market before sunset - found the whole experience much more civilised later on

Hi
I wouldn't disagree with your thoughts but I do think the advertising does give the impression albeit by accidental inference that only some products are price matched- the inference being that others are not.

I think if a company is advertise the reasons to shop there as opposed to a competitor - is price it has to do so carefully. Saying that we match in only some areas to my mind is not ideal. Also perhaps giving the impression that Aldi are setting the price and Tesco matching as opposed to being cheaper

I think a better campaign would have utilised some of the points you together with the far greater range that Tesco carries ,together with far more non food items. The latter making it possible for a visit to Tesco to be literally one stop with no need then to use time and energy travelling to other retailers for other items.

Similarly a Tesco checkout experience is far more relaxed without need to unpack trolley twice.

In summary it the advertising I am criticising not the shop itself.

I am perhaps miss the obvious. I am use dividend to buy shares and restore my initial position. So i will then have same number of shares but tax liability on the dividend. If i don't buy back i still have tax liability. May have been said so before but I am afraid I think BOD done shareholders no favours.

Matched by the idiocy of the present advertising which makes a great play that some products are as cheap as Aldi. Which implies remainder are not. So in essence they say Aldi cheaper in lot areas but we can match them in some. And they think this will bring in shoppers on price. Couldn't be worse if Aldi had paid then.

Vib6er nor me perhaps the morning will enlighten us

Spread is very narrow for AYM

Well have to say this frustrating share is giving quite a good demonstration of how buyers can inadvertently slip into being long term holders

Buy in on encouraging developments - pleased to see price rise in anticipation of more good news. Then price imperceptibly floats downward.

News eventually arrived (later than expected) usually a spike then floats down again.

But always the hope (like Del boy and Rodney) that this is the year

Let's hope it is

Apart from Labrador PEA it would be very nice to get an RNS concerning Parys itself i don't imagine one likely in short term but hopefully in next two or three months

In my experience update from company
is invariably later than anticipated.

On positive side it usually meets expectations and if we lucky exceeds them.

Tends be (but not always) spike on news followed by retrenchment.

I am patiently waiting for the time when there is not a retrenchment

Interesting to see what LIMH PEA brings
And a snippet or more of news about progress of any at Parys would be welcome

Has the company produced any gold yet
Or when is it expected to do so - i have had quick Google and not dreadfully clear

Fairly apparent I think to most that Brent and South Westerner are different

What they do have in common is both comment in balanced way - neither being naive enough to think their comments will make much if any difference to price.

Brent was commenting negatively at one point when he was underwater - SW accurately predicted what would happen in the last 1/4 of 2020 and then had strength of his convictions.

They occaisionally have differences of opinion.

Perhaps worth observing that SW comments mainly in response to request from board member.

In short term I think biggest damper on price is the ten million shares overhang.

Brent - part of my memory is correct