Member Info for hornygoatweed

I'm in and I got in too early and paid more than the current price, although I have reservations, especially about the word 'down dip', however the website states that gravity and airborne data suggests the formation is shallower in the north/northwest of the licence area, and so it would be good to know exactly where they're drilling.

But at this point the potential isn't covered by the share price, as if Storuman comes in then the shares will rerate. Incidentally I asked PC if tym could take action in the courts should the licence be rejected but he said no (although I don't think that it will be, and I think that he's wrong about not being able to take the matter to a bit court).

Anyone want to guess the potential partner for Leigh Creek, from the clues.. nearby, enough money and listed. Could potentially be Oz Minerals

Well I paid double for my shares and so the moment a company turns up and makes an offer, even hostile, I'll support it

It's not interesting, it's an abuse. Cheetam needs to go.

Https://audioboom.com/posts/8455468-q-a-with-john-peters-of-strategic-minerals

I can wait. And I have money aside to average down when the time comes. But it's not just about the cost of living crisis as I know younger people who trade crypto instead of shares, as they think that crypto is less risk. And I know some people who are buying posters instead of shares as they see that as less risk. As I said, I've been investing for many years and the change is dramatic.

I bought in after the Storuman news, as I think that it's a game-changer. I think that the Zambia assets are good too and will wait for the drilling to begin at Konkola. But after 25 years as a private investor I've noticed a massive change in the market and feel that it's detrimental to shareholders, brokers and market makers alike. The market is screwed. The volume has collapsed, and I feel that the reason is the way that placings are conducted. Unless the pi's call out the situation then it won't change.

The assets are good, the management style is bad. Leaving the results until January when the cash was even lower was a poor move. The real problem is SP Angel. If you look at the companies they represent then all of them have collapsed. I once put money into a company and the share price collapsed after someone posted that a placing was happening. Sure enough when the placing happened it was at a discount, reducing the price even more. I rang them up first thing before the market opened to complain. 'Too late' said the smug voice 'it's already been completed'. This is the reason the aim is in a mess.

Preston

I worked it out as $87.72 a tonne in 2023. So income for 30000 tonnes would be $2631600, if they buy at the same price.

I've bought in as I think that what's happened is that the Houthi's attacks on ships has seen ships altering course and journeying around the Cape of Good Hope instead of through the Suez canal, and this has caused delays in supplies and a demand for ships. So imo this is why the purchaser has put in the order and why I expect the other possible order will be struck.

The problem is the market wide use of bucket shops, and the nomad/brokers/market makers all being a part of the situation. A while ago I read a person's post on another site saying that this will go to 0.10 and he'll buy then, and he added that he talks to PC, and so this does seem pre-set.

The only solution is for people to combine shares in all companies in order to get onto the significant shareholder list and then prevent the dilution from the bucket shops. But until people group together to prevent being diluted then there's not a lot else that can be done.

Fortunately I have money aside to average down as I believe in the licence areas, but not Peterhouse of SP Angel (I make a point of avoiding putting money into companies that have SP Angel as an advisor but I made an exception here as I thought that not even those c***s could destroy this company but hey ho)

i can't knock the assets as anyone can see that they've got massive potential, especially if storuman comes good, and potential licence areas in both zambia and nevada that are in good locations, the only issue is funding, and that is a uk stock market issue. the brokers have shot themselves in the foot by using bucket shops and ****ting on the head on the pis. how companies turn from this system to a better more ethical system is the question. as i don't think that anyone wins in the longer term. the market itself has such a bad reputation that people i know would rather take a chance on crypto than shares!!! and that's saying something.

The company has great opportunity and potential but, like the rest of the market, it's held back by the bucket shop system which rewards insiders and spivs instead of genuine shareholders. I often wonder what's in it for the directors.

Still, some good news along with the crap.

They're selling so that they can control the share price and keep it low to wait for the next funding round. This is the problem across the market and the real reason that there's no liquidity across the board. Until the directors realise that they're shooting themselves in the foot by using bucket shops instead of the PIs then the damage will continue.

Final results are overdue, I wonder what he's waiting for? I have money on the side ready to add on the right news.

Final results due before the end of December. I'd expect PC to give an update on all projects. This is my pick for 2024.

I hope the mining licence comes through this week, as I have a few of these, and with gold on a run then it will be good timing.

There are no real maths at the moment, beyond what news is out there, that the said company will spend up to US$6 million in order to earn up to 70% of Konkola. However, depending who the third party is, then the shares will rerate. Also, depending on the forward drilling plans, then I expect it will rerate further. Also, depending on any drilling results, then it could rerate further. The upshot is that TYM will retain no less than 20% of Konkola, but given that it sits near the Mongola deposit, then any extension to that resource would be a great outcome.

In another way, the maths are simple, no deal then tym would have to self-fund and would struggle. With a deal then 20% of opportunity is substantially better than 100% of a plot that they cannot afford to test.

Added to that, the other licences are interesting too.

And don't forget the reindeer!!

Yeah, at some point I'm going to move and invest in Aussie stocks as their rules are better geared for investment. Here in the UK it's pot luck, but I avoid companies with a certain broker (not tym's broker). As for tym, I'll give PC some credit for spending frugally, and picking up good licences in Zambia. The company was out of luck with the reindeer, but if that does reverse, then it's game on. Without it then I still expect this to multibag.

What do GBP and Msmn have in common?? CMC Markets for their bucket shop placings.