Member Info for K3VMC

MaryBr190

“ Will retest 35k and 29k”

Oh yes. You called ARB at £1.10p last week, didn’t you? Yeah, whatever. Let’s have another prediction. Go for three strikes.

I also saw that they will choke your internet speed, if you play games for too long.

Control freaks.

zydecoco, no worries. I had the same reaction as you, before I saw that link. I’m not even sure the Chinese said anything. Maybe it was just Bloomberg!

splatted

“ However a friend of mine owns a school in schenzen teaching english and the foreign english teaching industry has been decimated nearly overnight.”

How did they do that?

alinz, you missed the funniest one. “I used to be an investment banker”.

zydecoco

“ I am thinking China's move will serve to effectively lock up a lot of BTC (?), as many will just HODL it rather than trade it (possession is not illegal in China), which will decrease liquid market supply...”

There was no China move. It was fake news, or more precisely, a repetition of China’s position, which was news years ago. Nothing has changed.

CaneToad

“ As a large investment, this has too many moving parts for me. I've lost track of the finances and strategy. Gati effectively controls the company now; there's limited corporate governance.”

Exactly my view. CEO / Chairman makes it more sub-optimal.

GUG

“ “Tin 20 tons x $33,000 per ton = $660,000“

Is that 20 tons of contained metal or 20 tons of concentrate ?”

It definitely ISN’T ROM, that’s for sure.

Seawolf

“ GIT, how much of that is profit, and available to service the debt? I would suggest that it’s not enough!”

First, we up production and grades, then we take our updated management accounts to some friendly banks, and they have been very friendly in the past, and negotiate a reasonable loan to pay off Blackrock.

Then we use some free cash flow to improve the circuits and maybe get an ore sorter. Suddenly, we have more cash coming in and less debt servicing going out.

That’s a reasonable mid term plan.

GIT, just a thought. They may sell 20% of production outside of the offtake agreement. Also, we’re we not at $320/mtu?

80t x 100(mtu/t) x 80%(offtake) x 80% (offtake discount) x $320(price) x 65% (purity) = $1,064,960
80t x 100(mtu/t) x 20%(spot) x $320(price) x 65% (purity) = $332,800
Total WO3 revenue $1,397,760 + your Sn figure of $660,000 = $2,057,760

Don’t you think passing the $2m revenue figure looks a lot more interesting?

Opinions are split on Nasdaq? Why does anyone NEED an opinion on Nasdaq?

We are on Nasdaq, regardless of anyone’s opinion.

flushfrank

“ To US close. Will it hold …?”

We moved to the Nasdaq for a reason. We have raised the money we need for Texas and a whole lot more besides. We are in the biggest high tech market in the world bar none.

We haven’t even had a full day on Nasdaq. Try not to sweat the small stuff.

Lottohopes

“ I’ve clarified this with IR. The blackout is on promotion type stuff. Actual news ie updates, developments have to be reported as usual. They are price sensitive information.”

That’s as you would expect, but it’s good to make that clear to the board. Thanks for sorting that out!

Mary: "btw did anyone look at AVON yesterday when I mentioned it."

I didn’t. After your £1.10p call on ARB, I didn’t see any point.

Well, I can’t say I’ve played this well, so I’ve had to add new money at 133.22p. Best I could manage. The US closed at £1.27p. They will make up that 6p, and more besides.

MIB

“ When do you all think this might return to close to my 29p ave?”

In your place, I would just cut my losses and put into one of your other investments.

L200

“ Because there is a lot of sells going through and the price falls, nearly everyday either you , kev, mullins, safety are buying.”

It’s a market. We like the company’s prospects. Others have got bored, or been scared into selling. That’s not our fault and certainly not our responsibility. Of course we are buying at these levels, but I’ll be happy to distribute my shares, when and if we get to $40m ebitda.

“the decline in the sp would be a lot worse if you were not buying, lets face it the bid was at 6p today, wont take much to be in the 5p's”

You got that principle correct. What you have to realise is that fewer investors will want to sell at this level, and more will want to buy. I haven’t ruled out buying more, let’s put it that way.

Anyway, you are your investments doing now?

:-))

L200

“ L200

“ If it was not for most of the posters on lse then the price would be for sure in the 5p range.
The sp rose a bit after Troajan's buy.”

For the avoidance of doubt, it wasn’t me who took out the 1.5m shares, so I think your statement is totally refuted.

GIT

Have you seen the late reported trade?

There’s your bottom, if I can use that expression!

L200

“ If it was not for most of the posters on lse then the price would be for sure in the 5p range.
The sp rose a bit after Troajan's buy.”

Do you have a point?