focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
its A long term play. Who didn’t think that?
Seems like TG now have robust process in place and KIbo are in the mix.
Surely ahead of any competition. Ugly SP or a good entry for people willing to join now. I managed to take 178k this am to bring my average down.
Happy to hold and watch the process unfurl
Disappointed of course with the performance to date. But never thought I could get buying opportunity like this.
Certainly speculative but happy to hold a share of he project and hopeful for a return in due course.
Just a longer wait.
Think it is fair to say most holders are expecting news from the second shark tooth core next
As to what it will state.... well there is the thought that if it encountered major issues an RNS would have already been released. If it shows breakthrough to the plume and assays show the mineralisation the company hopes for the potential for a significant uplift.
Of course if the assay report is poor and the company says they are simply on to hole 3 at the site the disappointment all round and a languishing SP
You pays your money and takes a chance I suppose
There is just nothing left to say
All results are announced except 1 core at ST
If that is truly positive then maybe opportunities to exit with a small gain or at least mostly whole.
A poor dril I would suggest sees another 50% off??
Beyond that discussion is back to wider drill projects and how long to cash
I have a large number of these now. Hoping next News is positive
It is torturous though
This is what keeps me coming back....
"Chief Executive David Fraser commented: "The mineralogic and assay data from the bottom of M2-041 is very encouraging and a good indicator that our geological model remains valid. We are confident that our operational changes will greatly improve drilling performance at M2-042 and look forward to reaching the mineralised diorite target."
Keeping powder dry...
seems likely there will be more dilution with the remaining loan notes...
Like the recovery potential... but with 25% or more dilution likely it seems may be a cheaper entry...
Good luck to all - hope there is volume to absorb quickly and this can get back on track for you
Saw this on another board... been watching and thinking of taking a trade...
Does this make sense or is it ramblings??
on the 8th Oct company confirmed suspension of £1.17mm remaining loan notes lifted...
Today 13.5MM @ 0.0074 (£100k) and 8.33MM @ 0.009 (£75k) exercised
Remaining notes £995k
at a price of 0.015 (being generous!!) that is a further shares of 66million which can be exercised...
I have no position and have not been in a share with such notes before...
I like the potential improvement in operations but wary of the potential dilution which may yet come ...