Member Info for jonesrichard

Yes they stated in September that stage 2 is due to be completed before Q1 2019 so if you take out weekends we have around 45 trading days at the most left to wait, any further delays then the sp will most probably go somewhere near to 15p imo but hopefully no further delays and we can move back up to at least 40p once the stage 2 is confirmed.

I'm sure the June update will be good, would be a start if they released the January one first! guess we still have another 10 days to go this month but just thought it would have been released by now, hope all of this waiting will be worth the wait!

expecting the quarterly update this week or do we suspect that possibly stage 2 finance news may be released in place of it as I'm guessing they can incorporate any other news in with the stage 2 conformation?

Thanks Jiffy, it seems pretty much just as good as MoneyAM for getting the live bid and ask along with price and volume, seems pretty reliable so far without constantly having to refresh the page. Thanks again.

I'll go for 84.75p by July 1st.

Couple of other questions:

Has anyone contacted the co to get any idea if a quarterly update in actually due?

Also Money AM is switching over to shares magazine on Feb 21st which is no good as you won't be able to view real time prices/volumes/bid/ask like you can on Money AM currently.

Is there any sites that anyone on here uses to get live prices? bar trading accounts obviously. Thanks

That's a good question Kaper, not sure why not, I'm sure others on here will be able to give an explanation though.

He has most probably moved onto a different share to lie and deramp, good for us on here anyway as we don't have to read anymore of his nonsense.

I'm guessing the currant political events are hardly likely to improve the sp for the rest of this week, then again it depends what impact all of this outside stuff actually has on the sp, difficult to quantify I suppose.

I'l go for a strong rest of week here for the sp especially if update is released which I'm presuming is still due at some point this week.

Myo seems to think it might be a goer and a few others on here seem to think it makes sense so who knows it could be a route that the company go down. I'l stick with Myo and all that agreed with him as with his way it doesn't seem too damaging to shareholders and would give the sp a very nice push up to possibly the 50p-£1 range so on that basis I want to believe what Myo and the others are saying might happen. Time will reveal all though.

Myo- Great work as always, can't lie and pretend I understand all the info and research that you post but I do appreciate the time and effort that you take to add salient information to this board. Thank You.

Alan- You defiantly are one of the more optimistic posters on here, you don't seem to have ever been shaken in your belief in the company whereas even though I haven't ever sold a single share out of my holding, on a couple of occasions I have recently been a bit dejected but am now super confident again and confident that the sp will move back into the 30's at least within the next few weeks! Well done LTH's, now suspecting an excellent year ahead with regards to construction/finance and by extension a significant increase in the sp.

Sp finished 22.68 + 0.71 %

I'm more interested in attending the £5 party to be honest, nothing against the £1 party but to be honest when the sp hits a £1 my holding wouldn't at that point to life changing figures and also with the way the sp likes to behave here you wouldn't be surprised if it hit £1 then by the time the venue is booked and you turned up you could be at that point attending a '75p party'.

On the other hand if you wait for the £5 party at that point you will actually have property/cars/goods, tangible stuff so you will at that sp really be able to truly celebrate in the knowledge that you have secured a life changing return on your investment.

Nothing against the '£1 party' advocates on here, just personally wouldn't attend anything until we see a £5 sp.

I do see what you mean Aubery, I take your point about the sp not having held it's true value post stage 1 finance but then again it was such a poor deal for shareholders that it made a drop inevitable unfortunately but the co will argue that it was a necessary evil to keep the project on track.

Your not wrong in your conservative, some would argue, more realistic expectations, I may be somewhat overly optimistic to be fair, maybe I've been invested so long and taken such risk that I believe I should be sitting on much bigger returns.

Anyway hopefully no more false dawns with regards to shareholder vale, think I been through dozens of them so far so a decent, sustained rise to 40-50p + within the next 2-3 months would be very much appreciated and deserved!

We will have that market cap Aubery, the million pound question is when, thats something none of us know but if everything keeps moving in the direction it seems to be then shareholders should be very well rewarded for patience shown, we should have a much better understanding of how quickly the sp could move once stage 2 is confirmed, that is the game changer as far as the sp is concerned, I'm feeling pretty positive and optimistic right now, much more so than the previous couple of months, this BB seems to be much more positive and optimistic recently, probably because we feel we are on the cusp of some extremely positive news with regards to stage 2 finance.

Obviously you will always get the odd deramper appear as obviously there are forces that would love to see this project fail, I just try to ignore them the best I can and stay positive. GLA LTH's

Either way I suspect that the sp will be much higher once stage 2 is secured and more progress is made with regards to construction as then we will start to get wider national exposure which will bump the sp up further so I'm expecting a sp of £1.50- £2 as long as everything stays on track to be completed before the end of 2021.

I'm presuming that the 'mining begins in 2024' part must be referring to the 10mtpa as as things stand the mine is due to open 2021 and the poly will start being delivered by road in 2021 but not sure how much at that point, guessing officially as things stand it will be 7.2mpta at least in 2021?

I agree with you Vin, mainly because what you say is what I want to happen, you are correct I think that the sp has been held back, hopefully the sp will be back beyond 39p within the next 4-8 weeks.

https://twitter.com/itvtynetees/status/1082979834962284544

When it says at the end 'mining begins 2024' I'm guessing that is when there will be 10 mill per year shipped out and 20 mill per year is due around 2028, so 2020/2021-2024 will be shipping out a figure under 10 mill per year so the co will still be producing between 2021-2024 but guess that period will be about selling as much of the stuff as possible to new buyers.

more likely this week or early next week?

following article I just presumed that it was going to be Mcrum, it would explain the nonsense that he has turned out recently. lol

https://www.dailymail.co.uk/news/article-6571437/Former-Financial-Times-writer-reveals-taking-heroin-toilets-reporting-markets.html