Member Info for Justone

Jumped 7% in price today, back up to 5$’s, potential bid for OZ minerals by BHP pushing up all copper plays. OZ minerals been suspended. A bid for SFR would be nice, copper the place to be with electrification of the world, simply not enough copper to do what the world wants to do. We should get a rerate, but the market isn’t always logical! Patience is required.

Part of the negotiations with the port owners will include the dredging, all part of the deal. The sand that comes out, I wonder what it could contain! This is a project that just keeps giving with potential, just need the off take agreements. I am sure these will include some cash so we don’t have to be diluted, they have a number of companies interested so some competition. Just a matter of giving a discount on our precious sands. This is all IMHO. Not long now.

A very confident sounding MF, we must be very close now to release this, days rather than weeks. A message for us shareholders me thinks!

We have said it on this forum a lot Sheldrake as it is true. We have 3 projects progressing nicely, and there will be future RNS’s which will give updates. I can understand why someone wants to be negative, but please display a bit more logic, otherwise people might come to the conclusion that you are unhinged to say the least. Anyway good news that we have had a slight uptick in the share price these last few days, don’t you think?

Interesting I could not buy 1k’s worth, had to phone broker AJBell to put it through. No more.

I have convinced myself after writing my posts to put another 5k in. Feeling bullish on fed pivot and inflation driving up commodities.

Early days to start crowing. We have all been in for along time, no RNS as yet, but the share price rises by 30% . Until the RNS it is all on anticipation.

The main reason for going to the AGM was to find out first hand what was going on. Only two shareholders there and I could ask what I wanted. I probed and pushed to get the confidence. Very relaxed and confident I found them all, but extremely frustrated! MF has 13m, so plenty of skin in the game, good enough for me to go all in. If this goes we will have to meet up for celebrations, I will pay!

Pounds

I have been in from the beginning having had shares in the palm oil PAL. I have been averaging down all the way from 16p. I am retired, and have lost plenty of money on aim stocks over my time, relying on bullish statements. In my previous life I was a commercial FCA with a taste for sniffing out value. I find it in spades here, so putting in the kitchen sink. My son thinks I am crazy, but I believe this is the big one. This will be a cash cow, giving out huge dividends relative to current share price! The off take agreements will come, we have a number of companies who want to do it, as there is concern about world supply shortages. We have the mining licence, and the country needs us to get on with it. The machinery will end up being owned indirectly by the off takers, so they have minimum risk, it will be the level of discount that we have to give on the product. When this company was formed the price of minerals was nothing like today’s price, they have found more, the grades are higher and the pound is weaker. The directors and the 76% rock solid shareholders are all aligned. In the meantime we sit at 5p waiting for the RNS, what is not to like?

The problem is only in the delay, and trumps the good news, which is reflected in the declining share price. Problems within the country and Covid-19 have extended the timeframe. I believe MF is only going to release an RNS when it is signed and sealed, he has told us the direction of travel. I went to the AGM to get some confidence, as to whether the off takers were hot to trot, and whether they had the financial capacity to fund. I left very bullish and have put another 50k in. I am not happy with the delays, and I am fine with investors commenting and moaning. I am just trying to add some positivity, having gone to the AGM.

The main reason I went to the AGM was to look into his eyes and ask him direct questions. This is what floats my boat, investing when everyone else has lost faith with a declining share price, and RNS’s that keep getting better and better with increases in the value of our assets. To top it all the product is priced in dollars. Very confident that I will be rewarded with my very large punt that at the moment is 50% down.

I am not bothered that MF has no regard for PI’s to be very frank with you. It is the way MF operates, and why should he if he is confident that in the end he will be judged by the results. We are just frustrated that he has not delivered to the timeframe he set. I can understand why. He has 78% of the shareholders who are rock solid, I have used the declining share price to buy more as I think this is a great give away. I wish I had waited, but after meeting him at the AGM, happy to keep accumulating. MF is aligned with the PI’s, he is as frustrates as we we all are. Patience is required, MF will ensure we are rewarded. This will multi bag IMHO, and that is what I am in this for.

Tomorrow might be a different story, patience.

I think PC will only update us when we have signed sealed deals. The fact that we have no update means negotiations and due diligence are continuing. 6 months is not long when we are looking at a 28 year life of mine. 3 projects on the go, each of them I think is worth a lot more than our market cap. Exciting times.

Thanks for the update. I have sucked up a few more in anticipation! Hopefully we will all look back in a few weeks and wish we had all bought even more. The potential is just off the scale.

Tottyman, you have TOLD him how it is? How does that message come across from the receiving end? It comes across as opinionated and not from someone who actually wants to receive a reply. If it was me with that tone, I would walk away. PC has 8% of the company, enough of a stake to be on the same side of shareholders. We are on the cusp of creating significant value to shareholders, we are at the exciting stage. Have a bit more patience, as all the RNS’s are pointing in the right direction. Have some faith or sell, moaning about the situation gets tiresome.

Tottyman, life has taught me lessons in how to communicate. If you come across all aggressive as you are doing in your reply, this approach will fail. There are ways to communicate without getting peoples backs up. It is not what someone says it is how it is said that is really important. Try a different approach and apologies about your past behaviour and you might get a better response. I will leave it with you. I am very happy with PC responses.

I notice that you use the word YET. I am happy to wait for the yet as I believe it will be well worth waiting for. **** off PC all you want, however this approach reflects back at yourself. No wonder he does not want to engage with you. We will see soon enough who is right, in the meantime enjoy reading about how the assets are progressing, and have a little bit more patience. It is not going to be long before we see what our assets are worth, and the share price should reflect the valuations.

Why own the share if you talk so disparagingly about the MD? I think the opposite and have been accumulating. I believe he is slowly creating value out of our assets and I believe the RNS’s, that have to go through rigorous scrutiny by third parties. Timing is everything with investing, sometimes you get it wrong and have to look in the mirror.