Member Info for Ironic

We know it was no hoax as $1 million changed hands . So the intrested parties really are intrested to the extent the Major needed to pay $250,000a month for serious talks . So yes I still see a chance of a deal either a fresh deal or possably with the major

They get to keep the $1 million it was a payment not a deposit .

Are we stronger than pre talks ...yes because we have got $1 million from it and the Major was intrested enough to pay $250,000 for the extra month . So they were genuinely intrested . May be they ARE genuinely intrested but playing hard ball trying to force our hand ?

Intresting points ..shows of strength ....”it will not further extend the exclusive nature of negotiations beyond 31 August 2018
we are now able to freely re-engage in discussions with all other parties, which had previously been put in abeyance.
the Company remains adequately funded to continue developing well financing options through to completion.”

13That will teach me to have a lie in ! . Only managed 2.38p but not bad considering they HAD talks with a major and they were genuine because it cost the Major $1 million . Time to sit back and see what happens over the MONTHS . Good old stop losses .

That will teach me to have a lie in ! . Only managed 2.38p but not bad considering they HAD talks with a major and they were genuine because it cost the Major $1 million . Time to sit back and see what happens over the MONTHS . Good old stop losses .

I sold out of BPC to come here 6 drills fully paid for . BPC was up 700% or so so thought any rise factors in . Now 70% drop . Thanks Mr P for your negative posting there , made me think and leave ! .

A great share which looks after its self . No wonder they never do placings , wonder when they will start buying shares back again ? .

I am topping up tomorrow ! . Long weekend of drilling , high chance we will get some news Tuesday .

Keeping my small punt in the bottom draw . Looks like MM games today . Bought a small amount as a turn around over the next few months MIGHT be very rewarding . Think the Shorters and spread betters have had their fun . Contracts are adding up .

Bought a small amount for the bottom draw ...big decline in SP whilst landing contracts at a nice rate . Nasty spread but might give good returns from down here eventualy .

Probably out of shares , others may be lending against our shares . May not get a decent top up on Friday . Won’t be good for my average .

Don’t mind which way it go’s . One of my pay days on Friday so will be topping up before the long weekend . Lots of drilling over the long weekend ! .

$18 million not £ . May be a consortium . But it all happened within 15 minutes working of office hours . Based on that it looks like it was requested from out side , not us looking for the cash yet .

This is a special week as well because we get a bonus 24 hrs drilling over the weekend . As a de ramper pointed out we wouldn’t want to be out of this over the weekend . So any one day trading now has a narrow window wanting to be back in by Friday afternoon for all the extra drilling .

My average is 7.8p near 20% up . But the average is only important to me as I intend holding for the journey . Not sure when the journey will begin but we are a long way into the first of 6 drills all paid for . So it should be a good journey .

No I am saying this will ten bag . As my average is staying the same for the journey my ten bag could well equate to a thousand Bagger to you if you keep altering your average in and out .

For demo my average is 9.5p and I have £1,000 . It go’s up 100% so 19p I then have £2,000 it go’s up 100% on SP 38p I would infact go up 400% because my average is still 9.5p .if it go’s up another 100% 76p I would get 800% as my average is still 9.5p . If your not in and out your average stays the same and rewards increase with each rise .

What your saying applies to day traders . But as I will stay put my original stake will always be the same not doubling up just the rewards doubling up . From here a ten Bagger would be 95p . The reward doubles but the price only increases by 9.5p every time that’s the beauty of staying put with so much activity . It is hard to grasp get a piece of paper and play around with it . As I am not trading my average always stays the same but intensifies it’s results each stage of the journey a ten Bagger .

You see more ten baggers built in stages . Than a one day rise to ten fold . Eg AFPO had a ten Bagger in stages . 88e had a ten Bagger in stages . It is the ten Bagger in stages that I am after . Hence the journey is important hence I have chosen MATAD because of the 6 back to back drills fully paid for . Is it not possable we could get ten trading days in a row with great results or 20 possative trading days in a row with good results