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I would have sold off more if large buys had gone in as it shows we as investors are being mistreated further than to date. The only way I look at things now is longterm not a short bounce but so many things have to be done as negativity is rock bottom. They will have to do more than just complete a road to draw investors in and instil confidence thats for sure.

Whilst management remain silent collecting their salaries it just leads me back to their plan moving forward. Where will the trust be for the next phase when they've committed to silence knowing it will drive down the price. I just don't see anyone committing to buying now until production as the road gives them the ability to sell whats there but is it 2027 when they produce, does the Fryer merry go round get to fire back up. Mining license needs renewing in under 5 months but this just feels dead even if they report "road finished" today.

The engineered part appears to be overt incompetence by CM Board but as this drags on its clearly orchestrated. I often wonder if fryers actions are due to wanting to sell/lose the company as he knows what is really there and would profit well as he has in all the silence and not producing/completing. The last update was 24th Jun 2024 but we are actually back to 21st May for anything meaningful as the 13th Jun 2024 social media post of the 26km (of 28km) completion was never confirmed. Officially way beyond the 90 days left to finish considered highly unlikely by Fryer himself. I keep telling myself this isn't a scam but I re-read and assess the actions and it just feels like something is lurking that could bury all us whilst a minority profit off actions no-one else knows/sees.

Not that I can back it up but £215,000 in January seemed very small for such a large under taking as 28km of road considering your not just making a new road, your clearing spaces, improving, contracting vehicles, manpower etc. My only thoughts are the £1.6m in April was to cover the bulk of the road if not all but that is likely only known by the contractors and CRTM. The question I guess then is when the monies arrived and perhaps that could be the ultimate delay we aren't seeing. What if the raised capital has strings or payment steps. More I look the more it just feels like there is something hidden going on Fryer isn't disclosing. That said perhaps this weeks the week (like every other week) but my gut tells me regardless we will continue the dance of never getting straight answers and in hindsight I am sure even if it bounces considerably on the 'road complete', the questions will be asked about what next and can the management be trusted on next steps, and its all going to fall at one persons door who has a track record to date which falls well below expectations.

Guardian a few minutes ago: Mining stocks fall as copper hits 3-month low Cooper prices have fallen to their lowest level in three months, amid concerns over the slowdown in consumer demand and economic growth in China. Official figures released last week showed the Chinese economy expanding at an annual rate of 4.7% in the second quarter – much weaker than the 5.1% expected by the financial markets. Jitters over what this could mean for demand for commodities and metals has now hit copper prices, with the three month copper on the London Metal Exchange falling 1% to $9,123 per metric ton this morning...

I wonder if this will be posted by Fryers Twitter.

Still above his $8k model which is a positive not to be ignored, confidence dwindles in the meantime.

Perhaps into August we hear more but they are their own worst enemy at present.

Indeed. In a few weeks perhaps we hear some official news.

Whilst these larger 100-152k sells are occurring the last few hours I hope CRTM are paying attention to unclear posts and comments and how it is being translated in the market.

That bridge video lacked the context beyond just a bridge I think. The section of the road had significant ruts and damage making movement toward the bridge and exiting difficult not just due to the bridges own broken state. I agree the CEO or whoever is posting these should be more careful and just make honest, clear statements.

Dicko falling back on the 60-90 days is fine but in effect we don't know is Section 9 of 13 was complete leaving only 2km to go. That had an expected 12 day completion. Perhaps better they just made that statement when it was complete instead of in effect stretches of road.

I am presuming the take away is as per the company statement the last sections are the shorter easier ones as such presuming their tweet meant 1km left then we are but a few days from completion and taking this Gordon chap comments on a sale before road completion (per Fryer) then sales are going pretty much now as you note the incoming 40t truck.

Can you not see so much is left to speculation based on that Tweet? CRTM saying they can sell before its complete (RNS please), the road inferred done 'look at the incoming' so again RNS? They do need to be official or at the very least clear.

Almost comical the immediate questions are what the post meant and what it proves. Maybe another 3 weeks to finish what they said was the short easier parts but then that means the 19-26km of difficult terrain has taken the same to complete as 2km easier section (now 1km?). Its anyones guess with CRTM but at least they responded the queries on what is going on, even if their answer leaves more questions.

CRTM reported a video showing 1km outside Molulu camp a few minutes ago. I presume this means only 1km left to completion bit of an ambiguous. Still left up to people to presume and guess as the same statement could have been taken at any km on the stretch. Never straight forward.

Noted the same chap said Fryer stated end of last week "the stockpile could be sold around two weeks before the road is finished". This could mean CRTM are selling within the next 1-2 weeks using the upper 90 day limit in early August. Although that comment was based on a response to the road being probably complete (imagery assessment from Vorag), so CRTM could have already made a sale?

This is very much the issue with speculation vs the company giving a simple response to the basic question "what stage is the road build at"

Yes, very true, I don't hope for a problem, I just get annoyed with the commentary which doesn't reflect what is going on including the long gap in communications. They posted on their Twitter a few hours ago about copper prices again when a simple "we are at 26th Km" or "we are delayed 2 weeks on hitting the 26km" etc would at least allow for an informed decision making process or at least stop these folk pushing a line of incoming "heavy news flow".

Apr 28th 2024: 60-90 days timeline to complete 28km road from "start of work"

7th May 2024: start of work (although stated to have started earlier)

4th Jun 2024: 11km out of 28km finished

13th Jun 2024 19.1km out of 28km finished (12 days to finish up to 26th Km mark)

25th Jun 2024 12 days after statement (silence posting on copper prices)

6th Jul 2024: Would mark the 60th day of the 60-90 (CRTM projected/hoped completion)

12th Jul 2024: People remarking on "heavy news week" and imagery.

5th Aug 2024: Would mark the 90th day of the 60-90

The fact is there is still the best part of 4 weeks before the mentioned upper limit finish and thats if within the timelines set. The 26km milestone has been missed by 3 weeks and no update from official sources on this (CRTM) would indicate we are more likely at the early Aug or later end of the timelines. Its no doubt a big undertaking and that shouldn't be ignored but as bohercom mentions and I second the lack of updates around where they are with the road after such a good start is somewhat disheartening.

It does feel like another attempt to pump a price over the weekend for CRTM to not report again on a Monday (no fault of their own) and the sells to jump on that, again. A bit repetitive. I don't see a complete road either as the route was sections of differing damage/quality and the blurred nature restricts confirmation. Remains a hold and to be honest the lack of CRTM update screams of a delay not impending completion. I was hoping the sections named previously would at least have been confirmed leaving only the last few km but even that evaporated. Its a hold all the way and ignoring "heavy news flow (period)" comments imo.

Do we need to sign up so the imagery isn't so blurred? Tried all the filters but not able to make out too much. Thankyou.

That is excellent the satellites have such great resolution to allow review of the entire 28km stretch down to ruts in the road.

It's just a question of when. Those who bought in a year ago at 21p not likely to hold onto much hope but those in the 5-10p likely see this as an opportune time. The lack of information in the last week hasn't gone unnoticed but it is a case of when and how quickly as Kat mentioned. FOMO perhaps lost its chance here so more likely we see the buys only once all is proven (road, pad sale etc). I commend PDP101 expecting 8-10p this week but frankly that isn't likely as only concrete reporting likely to bring this one up.

But first finish the road or update us on where section 9 (of 13) is?

Needs to be back at 7p for me