Member Info for Justone

A very positive RNS. They hope to start the trenching at the end of this month September, so must be well aware of the time lines for approval. We just have to be patient on the CS project.

Due diligence takes months when you are doing material deals. Have some patience.

I do, we have some cracking assets that are in demand and is the way the market is moving. Crucifying PC now is a little premature, when we are still negotiating! My money is placed. Relax it will all come good, the assets are not going away and underpins the company. Enjoy the ride.

I think we are up for sale, and is the concentration rather than dividends.

All deals will require an element of due diligence. We have 5 companies interested with their own agendas, that could be linked into a mega deal between them all. On top of this we could layer in the Hazen project. I think we will get answers on the Sepiolite project first, 4 months to run, max before we get an answer.

Cobre finished up 34%, with our 21%, this should lift the price today in theory!

How do you come to 30%? I just took your 10million valuation, and took 20% of it, giving 2million. A positive position for once.

Cobre up 20% again today, this is nearly 10% of our valuation. At some stage our discount will be recognised. How about another push from investors chronicle! An easy 30% is in order!

Up another 20% today. My 3 buys today showing as sells.

https://hotcopper.com.au/threads/ann-additional-significant-copper-intersection-at-ngami-project.6895240/
Great news on cobre, looking good.

I am a big believer Claire, and keep just below reportable, buying on any new issues. This share is going to be the family pension maker, the stars are aligning nicely. The negativity from some has provided an opportunity. The downside risk is negligible, but the upside is fantastic with so many opportunities. Lots of ways PC can slice the cake, as we are sitting on some great assets.

You are right again Sheldrake, I don’t want a one sided echo chamber. However your arguments for not investing are focused on personal animosity against PC rather than on the business assets that SRES owns. You total argument is that PC hasn’t got what it takes to do a deal, when the evidence signed off by brokers, is that we have multiple companies interested. We haven’t done a deal yet, but it is not to say we won’t. You are so definite on the won’t, you rather loose any credibility. Come back in a couple of months, and then start crowing, until then I would go and find Jesus. It will give your life more meaning.

Then why stick around if you are not invested? Not logical, unless you have issues.

You are correct Sheldrake, SRES does not have the capital and PC wants to avoid dilution, so a JV of some form or sale is on the cards. So this would be for all our different projects. I think that any one of the deals will be worth far more than our current market cap. Simple really, and not hard for investors to understand. The only question, is the deal going to exceed the low expectations that the shareholders currently have. I believe it will and that is where I have put my money.

I am very happy with the risk/reward on this share Sheldrake. So thanks for the repeated warning, I am just buying more.

I can agree with you there Sheldrake, the market does not believe there will be a deal, or the deal will not generate any value, with very low investor sentiment. Which gives me a fantastic opportunity to pick up shares, that the market does not value. I am down 50%, but that is the cost of following a market down. I am very happy holding, as we are certainly not a one trick pony. PC has invested outside his fees which adds to my confidence, and is the biggest holder. I think he is doing everything right, there is no hurry to get the right deal. We are sitting on assets that are increasing in value, inflation is raging. I believe we will be well rewarded, time will reveal reality.

This is how the board get paid, happens every year, and is not dependent on a share price. Personally I like directors to be paid like this, directors are totally aligned with shareholders. There is nothing illegal about it. Keep the faith or sell. Constant negativity, whilst waiting for the next RNS, is rather tiresome for those that think that this is going to be a winner. Just needs time, while we pick the best partner.

Well I am a glass half full person, and am putting my money on a deal. Every dog has his day! Just a little longer, and we can see who is right. I am prepared to wait for as long as it takes, as we are sitting on real assets, it is just a matter of time. It amuses me that you are so definite about the future, when you haven’t a clue what is going on behind the scenes. It is odd behaviour IMHO.

I attended the AGM, at that time negotiations were ongoing, there is nothing wrong with stopping them. I am very confident that a deal will be done, the only question is when. I believe it will be at a significant premium to our current share price and have bought some more. We just have to be patient.

Please put me down for 207k.