Member Info for jwoz

Https://www.proactiveinvestors.co.uk/companies/news/1035072/empire-metals-ltd-presents-at-the-proactive-one2one-investor-forum-november-23-1035072.html

The RC had begun from the 20th Nov RNS

meaning its now been 11 days at least.. prob 12 - 13.

per SB interviews they will get through a hole a days (or thereabouts)

the assays for the RC work will start flowing soon

hole 3 cant be far away.. maybe tues?

Andii - its beyond crazy.

i dont really post and am pretty much a stranger to most here (although i have been invested since 2020)

however this 30km drill hole spread has left me sat here needing to post just to see what people think about whether anyone has truly processed what it means.

ive been measuring the distance between major towns in the UK and concluded that its as far as it is from London to Gatwick, or between Leeds and York or across the whole of London.

just blows the mind that the whole thing is mineralised and at very high grades

Wonder if an interview or something comes out, so soon after the last one.

interesting afternoon in store after lunchtime consol... ?

Yes resource/mineral overall value

if its a very modest $1tn

and you use a crazy drop through nav as low as 5%

you still have $50 billion of value

I think we now have our..... ok WTF, now what? moment of ridiculous excitement.

how deep does it go?

even £100bn would make this a lifechanging prospect

£1trillion of value in the ground, available for mining literally from surface is beyond any comprehension

171 trillion is just absurdly ridiculous but i agree is mathematically feasible

I think the next few weeks of news flow and interviews is going to be interesting.

As this is to the titanium market in its scale of newsworthiness and magnitude akin to what the titanic itself was to the maritime industry

monumental

huge

global

impossible to ignore

industry changing (perhaps)

Interesting mini consolidation morning.

notice how there are big buys loading in amongst all these trades.

the yesrteray 11am was a 1m sell which was eaten up without anyone noticing. considering our free float a 1m sell is a big deal historically. not anymore.

861k buy went through 20 mins ago and i doubt any will really notice either.

the size of money changing hands now and the weight of support and pressure is making this all quite exciting.

and hole 2 isnt even out yet

Away from charts.... i am utterly fascinated to see what happens when hole 2 results come out and what the investing / trading world do if they make it official that this is a titanium sized deposit that is as big as London and deeper than the shard is tall. still think most people (myself included) cant really comprehend that... and it seems that SB agrees as he keeps making reference to the fact that it is bigger than anyone imagines. the assays make it official.

then what???

bonkers

Considering Hole 2 is 30km away from Hole1.... if it spits out the same constant quality from top to bottom, this is going to start to seem a little bit ridiculous.

30km is a long way... its further than the distance between southampton and portsmouth and basically the distance between Leeds and York

i wonder how many people will cotton on to that and comprehend it

Surely 0.5p is still seen as a low marker... given the Last guy bought £300k worth at this price from his own pocket.. knowing even at that it was cheap. meaning we are still well under the point of real excitement?

Theres a quote somewhere about the markets being a pass of wealth from the impatient to the patient

id say XTR is a fitting case for its existence as a school of thought.

i think people buying at 1p now (myself included) will see multiples of that in years to come. just not next week.

ive still got a big chunk at 6.5p ave from couple years ago which i expect will make some money for me too.... someday,

annoying as it is to have such a high buy price versus today

the thing i think many are missing that makes this company so different is that it is already generating income. and will continue to. lots of it (comparatively speaking versus MCap).. that makes everything more comfortable

2025 i expect for $10k+

just a hunch

Some decent buying. Anything 3.7 or above are buys.

my buy at 3.7 earlier went down as a sell on here, like many others.

sells were 3.5/3.6 level this morn and very few of them

I regularly see if i get a fixed price for my entire holding too and use that as a sense check of market appetite.

currently offering 4.82 for the lot. which i see as good news.

(3 days ago it was an indicative price of 4.1, by comparison)

Ditto dibs

Really glad to see this ‘recovering’ the past few days, so to speak
Hope those loyalists who could, bought more at 6p and are feeling a nice 40% gain

I would have been doing that if I could

Good luck everyone

My last message here was pre the news of 2/12 and I was talking about higher highs and higher lows. I was positive then and all previous posts have been positive too.

I don’t want to be the person who seems to disappear but the news of last week unfortunately hurt me. I am renovating a property and almost sold some at 13p on the Thursday out of caution knowing I have big bills to pay in december and jan. I rolled the dice overnight and failed.

I remain very optimistic and stand behind what I said. When P2 starts and the drilling kicks onward it will be higher highs and higher lows.

Unfortunately to pay the builders I have had to book a fairly whopping loss and learn a lesson in the process.

Meaning I have now a microscopic holding here. It was never that big versus other here tbh.

I wasn’t trying to seem like a ramper. I was 100% genuine. And I remain very positive for OMI. I will certainly buy back if I can at a sensible price when I’m out the other side of this.

For now, it annoyingly cost me a small fortune to hold this stock. Last week really hit hard and I wont be posting for a while as I really believe that this is a venue for holders of the stock.

Hence saying this - I wish best to all here.

Already on the way into higher highs and higher lows
After a frustrating 2021 and early 2022

News reel is already helping and will continue to

IMO Next high should be 20’s and retrace, if it happens, on to later teens
Followed by high into 30’s and retrace to 20’s
And so on through 2022

Retraces may not happen
Highs may not spike to much
But higher highs and higher lows is now the way

I’d say

Ok. Lost again. Stand by my comment from the other month…. You are accumulating more shares for sure, but your ave price is slowly creeping up from the base it once was

I think I finally understand your pricing logic Seingred

You are always deducting your profit pot value from your rebuy. Including all the numbers in the same mathematical pot

Rather than having a profit pot counting separate to the actual buy/price/holding

Not a model I’ve used but I think I wrapped my head around it now

Using that principal - At some point you you hit free float and then, I suppose, on paper will end up being paid to hold shares