Member Info for Justone

I can understand what you are saying. But there are other ways to raise money, eg types of business deals, which might or might not be about to be signed. We just don’t know, and can’t read too much into the RNS, even though we would like to, depending on stance!

A positive RNS that comes out of the blue. It will probably not move the needle much, but it puts our lowly valuation into perspective. I presume the CS project negotiations, will be on the same basis. A royalty based company.

I don’t mean to be insulting, there are enough insults given to PC on this chat forum to put investors off. I was expressing my opinion as to why the share price is as it is with so much potential. There have been achievements, but the market does not recognise them. I am prepared to wait until they do, simple as that. The theme of the thread was to try to put some value to the deal that is being negotiated. If all talks had come to nothing PC would have issued a RNS. So you either have patience or you sell, there are no other alternatives. In the meantime the market is moving in our direction, which should improve our negotiating power.

I would agree Twiggy, I got the detailed update at the AGM, it was also released as an RNS., but condensed. I was happy to buy a few more! We just have to wait. A deal will take as long as it takes, with the market moving in the right direction. The assets are not loosing value in the ground, dilution is a minimum, expenses are a minimum. At 2p this is a 40 bagger! I am more prudent, but still at a significant increase from today’s price. A consequence of market boredom, and shareholders who don’t have the patience.

I asked PC at the AGM why Tolsa needed extra time if the drilling results were so good, and why they agreed to paying the extra money. It didn’t make logical sense and it obviously doesn’t to you 1wager. I was happy with the response, that there is nothing sinister, more to do with the complications around the grades and the Spanish attitude. Our agent is a bit of an expert, well connected, and there would be others who would be happy to buy the reserve! Backed up that PC negotiated a higher purchase price! We sit and wait.

I can understand what you are saying, and am not well versed in the realities of the system, but don’t the Market Makers hold some stock? I also read, that sometimes the MM’s sell stock that they don’t have. How true this is I don’t know, but if correct it would affect what you are saying, would it not?

Thanks for sharing, it plainly explains the direction of travel. With a SRES current valuation of 2m, it is a good risk reward ratio. We should have a million coming from Tolsa in December, which makes the risk reward ration even better. Just need the deal!

I think the potential for increasing the resources is off the scale Catbert. Together with the grades and the positive turn in the political risk, (with the LTH picking up the tab) they will be drooling all over this. Just needs to double and I will be breaking even!

A very good update. Greg mentioned in the podcast, that the embarrassing government problem, has meant that we are now in the driving seat, as far as the paper work is concerned. The company has support at the top level, due to the historical issue. We should start to really move over the next 12 months to production. Greg is none specific on dates, I agree, but that is a natural response to historical country issues. He doesn’t need to be specific anyway, the tone of the RNS says it all. We are moving forward in all areas, with great potential to increase our resource. We are however going to have to share 50% of it! This hopefully will be a real pension maker. I am now starting to relax, we have had so many disappointments.

That sounds really bad, this is going to sink further I am afraid until they announce something.

I read it differently PaulFG. I read into this that both sides have to make an offer within 60 days, which includes all the funding element, to potentially earn 50% of the company. The best offer will be picked, as the RNS states, conclude a transaction. So it will be one of the two is my reading of it. Some numbers will have been banded around when they did the raise with Sheffield for the 10%. Anyway we will find out soon enough.

I would agree an RNS is best, but the MM’s will adjust the buying price when it is released. So buy now and risk it, or wait. Personally I think it will now happen, and we have the 60 day deadline. I don’t understand your point about ‘after which the rest of the market has access PaulFG. I read it that one of the two will seal the deal. I liked that Greg talked about getting a new licence and was continuing to expand our resource, even if we are going to be sharing 50% of it! Compared to this time last year, happy days!

Pursuant to the Sheffield Investment, Capital Metals has granted Sheffield co-exclusivity with LB Group (002601:SHENZHEN) for either party to conclude a transaction within 60 days to provide funding to support the development of the Project into production in exchange for up to a 50% interest in the Project.

This is what it says PaulFG. This sounds fairly definitive, so I am sticking to my optimism. We have both been here a long time. I have put another 2k in to back it up.

With the Sheffield deal in the bag, I think investors might be a bit more optimistic and anticipate a deal, rather than wait for the RNS. We are all jaundiced about the history, but there is enough evidence now to feel optimistic!

It was interesting to hear Greg’s response to the last RNS on funding and Sheffield. He was underwhelmed by the market response! He would say that, you might say, but having talked to him, he is a genuine straight talker. It also sounds as though we have a following wind with the planning authorities. They now want it to happen!

Having attended the last two AGM’s, Greg is now delivering. A large rerate is in order, we are going to be a miner, unless we are bought out before! As Greg says the discount will reduce over time, the clock is now ticking, which is great news for LTH, as it has been a very bumpy ride. I need the share price to more than double to break even!

I think this is very good news. It puts the pressure on LB who have been dragging their feet, for a better offer. It puts financial support behind the project, technical expertise and a back stop to the share price. The project is happening so risk is reduced.

When you have a few million ounces, with prospects for a lot more, then a few hundred dollar increase in the price of gold puts things in perspective. Compare the increase to our current market cap! That increase in gold price goes to the bottom line, I am pleased Jim is holding out. The market is jaundiced and jaded, heard it all before! I think we will be surprised to the upside.

A very confident Harry, aspirations to make Kefi a lot bigger than has been revealed so far with things being worked upon behind the scenes. Exciting times, just one hurdle to go, then lift off.

Well Safe, I am very pleased that I have taken a day out of my life, to check in on my investment. I will sleep well tonight, happy in the knowledge that PC is going to do the best for the shareholders from the assets that we own. If you think otherwise, the logical behaviour would be to sell? Being so dogmatic about PC never being able to deliver, makes me smile anyway. I have time to wait. Good luck with your investment.