Member Info for joebop

They needed authority to issue more during that financial year chesh, hence the vote.

You asked why is the sp stagnant. Why still at 1.72?

Successful at trading, yet you're asking these questions!!!

Habari, if you think that sp movement is good for that strike, for a company that still has no measured resource, good luck to you.

Priceless stuff.

If it's my post you are alluding to colonel, the only people with any near that number of votes were bigmj and Schroeder's. Iirc, bigmj said it wasn't him.

Sure isn't the Rosa mine bringing in £28m a year to rgm. Paul Johnson, greets and others said so. Why do we need MET figures?

Did I miss something?

Tom. You should have been selling at 1.99, not buying.

Did you look at the share structure before purchasing?
Did you do any market cap/sp calculations?
What made you decide a company with no measured jorc, practically zero holes drilled, limited funds was worth the purchase at that price?
How about time frames for drilling, maiden resources etc?
I'll echo spy and his revenue comments. Raise and spend.
What's your background for helping to value these companies?
Have you learned anything from this experience?

And in case you're not hearing any of this. Look at what transpired here...

One of the best strikes on the London market in a long long time, and the sp barely bagged.

Repeat that last sentence until it sinks in and you start to ask the question, WHY?

Why would you be concerned about Schroeder's?

They've already messed around shareholders here by voting against the resolution to allot more shares.

Only when the price was adequately low did they offer a placing to the company, allowing them to average down substantially. Not enough mind.

Considering their 5p placing and on market buys above that (pmsl) it's fairly safe to say that they haven't got a clue in relation to this stock, and more relevant to those on here, they only look after their own, and not the company's best interest.

PG might have also seen Andrew's tweet about jms. When that tweet confirmed his suspicions, (after sizing up accounts) that the clowns can't do basic, basic maths...well......

Casey, the tvr at that time was ~770m.

Take a step back and look at the bigger picture to give some context. What events were transpiring at that time? Alot of shenanigans.

Look at the warrants that were exercised before that period. Vast majority were between 1p and 2p.

Now take a step back and look at the 5 Year chart. Maybe I should have led with that!

I'm not a short term trader. My outlook is a greater than a 2 month window.

The only time a spike benefits more than a small percentage of holders is if it is due to a sale agreed proposal.

Guys touted on here as being top fund managers...yet they struggled to get the cash.

Question I posed at the time, if he was so good, surely the clients would have been happy to front the cash for this venture.

Of course logic is lost in the mist on these boards all the time.

But, but, but....doesn't he know about the Jupiter divi and El lemon juice royalties.

Pinman up to his usual slander again.

Lgo fan paid a bit of attention in maths class. Basic algebra. He gets it. He spots the difference between x and 10x.

And as for transparency Mr pinman, I believe only bigmj and I have revealed to the board when we bought AND sold some shares. I've had no activity on my mtr stock since derisking all those moons ago. I actually didn't buy any aim stock in 18. I can do basic maths. How's that for transparency.

So, trot along now. Keep the conspiracy theories to yourself, or at least get some of your accusations right. Stops you showing yourself up for a fool.

Casey, you've got this warrant issue thing a bit backwards.

The only 2p warrants not expired or exercised are the director warrants and options I believe. And some of those were extended. I tried to check on the website today but it's not the most up to date.

Those warrants you are referring to and the sp action are meaningless. The company at that time had a fraction of the shares in issue compared to today. This means that as the company was acquiring/progressing assets, the change in market cap was reflected in a rising sp (multi bagging)

For eg, check the tvr after the spike to 5p around the time Botswana kicked off. The mcap was in the £20m-£25m region. What are they both today? Also compare to ggp. After their recent strike in the Paterson, the sp barely bagged. Care to hazard a guess as to why? A fantastic strike, wasted.

So, forget about the past, MTR is a completely different beast today. The current tvr, along with tons of warrants at 2p, 3p and up along are a ceiling.

Look at the prices of the last few placings and their warrant strike prices if you still don't believe me. 6p, 5p, 2p.

It's a combination of issues of course, but they're definitely a factor.

Yet somehow, by Feb 19, the price is 1.3p.

I've been mouthing about these warrants a long long time. Whatever view you take, it probably won't be changed

Fact is, after all these years, sp is still below all the warrant strike prices.

Balanced out over the long term, it's pretty darn hard not to call that a ceiling.

The amount outstanding currently is bats hit crazy. This seriously compounds the issue. It won't stop a brief spike, but it will reign it in and down again. It's a race to the door with alot of sharks now competing over what little flesh will be put on the bones soon.

In the event of mtr being sold, do some fag packet calls on the fully diluted equation.

No ceiling...A bit naive me thinks.

Nonsense nfl. Spinks and friends have the ice breaker lined up. It's pellet powered don't you know. Straight up and over. NFL-Japan-NFL in a week. Simples.

Dunder, what were you expecting Jay to have been able to achieve, in a country as.....difficult(trying to be polite).. .as Tanzania, that others would not?

It's a bit daft really. Aex can only do what they want to do, when they get gov approval. It's as simple as that.

I was a holder here for years. Sold the main chunk after the farm out deal. Not so much because the farm out deal was poor (which I thought it was, anybody do some rough maths?) but because of the update on kn1 at the time.

It eventually led to today's placing. And I'm still none the wiser on when it will be back.

I was more willing to give aex time to deal with the tanz gov before ara became involved. Now that ara get the bulk or the rewards, not aex or the people, my view has altered a wee bit.

Anyone who puts TIER 1 in caps, after a few holes, is a SPIV RAMPER.

End of discussion.

Oxo, what on earth has that rant got to do with the question I posed?

How much butter consumed in UK is domestically produced?

Where is the factory capacity to produce extra UK butter

What is the lead in time to get a new factory up and running?

Your answer to it all seems to be that the UK can meet the demand for everything from new domestic production that is going to come online.

Who and when are the next pertinent questions?

No company picks fruit 24 hours a day. It's a quality and handling issue.

You're completely missing the point of course. Humans can be laid off during quiet periods. Robots have to be paid for.

Horses for courses. Fruit picking is not the course for robots.

And yes, fruit picking robots are years and years away. I did DYOR as you so eloquently out it. I Looked into setting up a greenhouse enterprise in the past twelve months.

I was alluding to the choice the customer will have.

Just a selection of home grown crappy apples and shitberries.

That is what the public will think once their supply of exotics is gone.

I like apples. I like berries. Not all day every day.