Member Info for HopefulDevon

I know but don’t forget TUN went down to less a penny went up to 4/5 then plummeted back down. Coffey is in HREE and SP Angel forecast 9.4p but I think that’s miles away. I guess my point is that of the 3 mining CO’s I am aware GC is invested in, TUN will rise first, the others will bounce and fall on speculation and rampers/derampera until his long term plan becomes clear

Given the large after trading reported buys over the last few days, also similar in SML, I think MM’s are keeping to low, probably for Coffey et al to increase their holdings. Doesn’t seem to be happening on Coffey’s other mining investment HREE but that’s probably at a different point in the cycle.

Patience is the key though with TUN I think this will now be in months, SML and HREE could be in years unless he merges them into a ‘British Tungsten’ type of vehicle. Danger is he could take it private and IPO it in 3 years making a killing. But that’s me speculating. However I do think he’s accumulating for a bigger piece of the pie when production starts

Anyone invested in here won’t blink at the slowness of the funding announcement. The one consistency is how utterly crap the company is a comms and never bothers to assure the market or investors and then announces when it has to and the main investors have topped up… it’s almost as if they don’t care about us 😝

Looks someone or perhaps a few people are building positions prior to the funding announcement. Coffey’s other investment growing nicely but Harena doesn’t seem to be doing much. Looking forward to the next 6 months. It will be great to see TUN trading a profit. The last 2 years have been a roller coaster

I wonder if two of the big investors have got their wind of a potential takeover so topped up to max out?

2 £6m trades?

Any chance of this in east to understand? SP dropped today for no apparent reason as it often does before coming back which no doubt it will again. I just have no idea what your last message meant. Probably me rather than you Valii

Do we really think it will get to 1.20? I would have thought it would have been bought up long before then. I think when the funding is in place we may get 40p before someone snaps it up at a bargain price

Looks like some big swaps of share holdings. Drake down. I wonder if Mr Coffey will announce a higher stake in the next days?

Jostling for position before the big funding announcement?

Low volume but not necessarily a bad thing. It shows that the 18p’ers who are going to sell probably have already and I think the inactivity is due to the potential funding announcement next week. Most who have bought in prior to this have already done so and others waiting to see what the Coffey effect and funding details will be. There is a potential spurt following the announcements and allocation. If production will be sooner than previously mooted I think we’ll see a good growth but a lot will be determined by the finer details of the funding and the implications for the instituational and major investors

It will be interesting to see if the SP continues to fall toward 18p as people cash in or whether now people know he’s personally bought in big if investors follow him and pour in and the SP rises back to high 30’s

So it looks like we could reap the long term share price growth and potential dividends? Now that would be ideal

I said someone was accumulating. Now will he make a full takeover to sell in a few years time for killing or be in it for the long term share price growth and eventual dividends? We will benefit either way I think but significantly more on the latter scenario

Someone’s hoovering up the shares as the price falls. Given the 18p placement the drop was inevitable and I’m surprised it took so long.

I think it will rebound on the funding annoucement as the long term fundamentals haven’t changed however a depressed SP makes the premium on any take over offer somewhat less than it would have been. But who knows, maybe TUN will remain on the market and become the predator in a year or two’s time

Sorry, what’s NT? Thanks

Don’t blame them though personally I’m holding on to mine. However there a stranger things happening in the background surely. Who has bought up the reductions in the shareholding? It won’t be joe public given the impending allocation of 18p shares. Will the RNS be about someone who now has a significant number of shares? Clearly they must already own over 3 % but not sure who it could be. Perhaps I’m barking up the wrong tree but the plan to production and the pattern of trades and RNS’s doesn’t seem to suggest the major shareholders are taking a quick profit to go on holiday!

£143k buy earlier…

Something going on in the background. I suspect a take over by PE which will benefit LTSH now but exclude us from the long term share growth and dividends when production starts

There’s still a lot of big, consistent and regular purchases going through. I wonder if there will be an another RNS soon about new significant holdings? Perhaps the previous CEO rant about PE businesses may have been personal view on here and what he knew was going b to happen?

That would be the best time to buy for phase 2!