Member Info for Know0

Well it didn’t open at 20p (or below it) as mentioned here with “confidence”

There is big support at 20.5p. Let’s just see where she goes in coming months again

Not been here for ages but still highly invested - added £30k worth over last few weeks at 20p - hope todays rise will hold but not bothered if it doesn't in short term - I've got a few price targets on other stocks that are close to my sell and I will buy more here when they do

Silly low value and I expect we will still get lots of chances to trade this for the next few months before a likely rise agin to 50p (or above) in August - slow summer but sellers will stop sometime. The MW short is likely to close cos they struggling to hold it below 20.5p- maybe todays rise was them reducing??

anyway, that's all speculation but what isn't speculation is that the company should be making cash free profits and non IFRS debt is now very small

Love this share for chance to make money and long may it continue to seesaw!

GLA and pls DYOR

DJ, Ive suffered reading your posts from the last 2 days re lost revenue / profit etc

Your responses were particularly aggressive and maybe you should look at the lack of support for your posts as to why you are not correct

I understand fully what you are thinking, but the ore was mined

Its marginal costing v absorption costing - just because the last part of the process hasn't taken place, you are taking total production costs against that delayed revenue whereas its just the direct mill costs (direct labour and power) of the mill, is the cost to the business.

With the mill not working, there will have been some staff "sitting around" but other direct marginal cost (power etc) will have been almost zero

This is why the delayed revenue is not a full drop to bottom line - its minimal

Anyway, you need to post a few times from your other account to make it look like you've got some support - but as that account has been so far from correct hopefully you've lost the password!

All us holders are disappointed with the delays etc but a great post from the Prof said "we get frustrated when we don't rerate quickly".

We are at these levels for 2 reasons,

1. because of lack of truly delivering on potential
2. Large sellers - we know K2 have reduced but I don't believe K2 are selling out (it wouldn't make sense) so other large holders are affecting it

Im still predicting 35-40p by 30 June and we will have spikes above 40p in H2 but fear end of year we will still be around 40p - but, this time next year Rodney ...... !!

GLA

Well a bit of a mixed bag of an RNS agin today.

Took a look at some of todays posts but haven't seen any on here for about 3 weeks as most were just agenda pushing.

Its hard not to be disappointed that we have another issue (albeit short lived) BUT TB has still confirmed 7000t saleable copper in 2022

3.2M shares traded already today so although many have become disillusioned, there are buyers and the SP has held up reasonably well considering the number sold.

I read one comment about filling a big buy order, not sure if that was the case as a dummy sell for £5000 today by me, would not be taken on Barclays

As posters that have been here 6mths will know, I was not happy about K2 coming in and never thought it was a good deal - but whoever posted "when will they have sold their 4M shares" I just don't see that happening - an II doesn't take a stake in a company at 35p and sell it a few weeks later for 30p - so whatever they are doing, its not to lose money.

The BOD have flip-flopped between monthly and qtly reporting (as it suited them) but if they go back to qtly reporting then I will be very concerned for the foreseeable future

The company has to build confidence - confidence in the asset and confidence in the management

Still personally don't see a big rally this year in SP because multiples will not be applied to show a true Mkt Cap

Its been almost a year since there was mention of interest in LD - but I guess nobody wanted to take that on which is a shame - seems like there is more to go at at Ming rather than set up a new mine for LD for a third party

Anyway, everyone wanting to get more RMM in their ISA has a great opportunity now

April then May results will be so important, not just for 2022 profitability, but also to get and retain investors

April 12th should be quite some debate

GLA & DYOR

Im sure many will be planning their tax returns now and realising losses to offset their gains etc plus R&M probably now out with their sell of the final 0.77%

Anyway, not too bothered - I went in hard last August before H1 results and made a great profit again - lets see where we go between now and May - Im hoping 50p again within 2 mths but who knows what will happen with the world let alone CPI in that time frame

Not advise - Ive not read the board as Im sure it will be the same nonsense - bring on next Thursday - much to be revealed Im sure!

It has nil shown on the "previous" line though

well a new II buying in suggests that they know a lot more than us!

PIs are just too impatient - trade it a bit and take some as a long position if (like me) you believe this will recover in the next years - onwards and upwards

Russia aside, this will mow slowly recover to mid 40s IMO - who would sell below that unless you need cash

GLA

Hope the shorts have made their money

Dont we have to give K2 and Sandstorm gold though?

Frozen - Fund raise for all intents and purpose was ruled out - never rule out totally as a huge opportunity comes knocking, then it maybe worth it

Recent fall due to cash position where many thought we needed cash to survive was very clearly ruled out - saying cost control was very good and "we dont need much cash to run the business"

Hygiene is clearly a cashcow already and will grow

Cleaning will be break even this year

Beauty (which is small) will take a little longer but has good potential

On a separate note - Super Absorbent (working with a major supplier - my guess is P&G) could be massive - the reason that disposable nappies are such a large problem is the Super Absorbent Polymer in them can not be used in fertilizer - the nappies opportunity is huge because separating the plastic outer cover is easy and the fibre, SA and organics could then be used as fertiliser which solves a huge problem of disposal

Topped up 4.5k late yesterday on the drop - still below current avg and have approx 80k invested here again - still believe this should be 9-12p range and we need to see these crazy swings off as its offputting to new investors

GLA - a well managed real good strong company at a significant under value

agree Golden - should never have been below 8p IMO - 15p was too high for where we are at present but the fear of a placement based on cash on hand figure meant many sold - they will be kicking themselves

10p/11p is FV IMO but its AIM and with limited free shares it will swing like mad - Still 3 years away from the big money but 2023 rerate to 15p -20p would be a nice start

Great products and for me more fundamentally (for AIM) an honest and trustworthy Chairman who wont rip off PIs

GLA and enjoy the ride

Passmore - you know most of that is complete tosh

Theyve not sold hugely profitable businesses - they will be close to debt free by end of 2022 and turnover is increasing (as they confirmed Dec)

Making wild assertions is easy - back it up with the facts?

You've banged on about debt (each time you turn up) but when asked what non IFRS debt figure you calculate, you go missing for a few days - you make throw away comments without substantiating

You bang on about me getting targets wrong - you consistently said they would be bust or maybe saved by PE @ 20p - you never believed it - but your rhetoric is boring bro

No Financial advice

Its great for the next year or so, but as Cornish wrote on discord this week, "Ivanhoes Kamoa Kankula (the world's largest High grade copper mine, producing some 200,000 tonnes of copper per year viewing to expand to 800,000 tpa"

Our 7-8000tpa isa drop in the ocean - that will drop the price of copper in a couple of years single-handed

All of us will hopefully have made our money and be out by then!

Hope so - but that depends how many of the 3.8M quids worth from the placing are being churned

DJ kept advocating that they were in "sticky hands" but they are churning a shed fulls this past week - making their 10% in a few days - nice work if you can get it!

It will go up when we get the hedge RNS no doubt - hope its higher than 35p though!

Agree wholeheartedly Grapeboy

This is still the safest most undervalued share on 250.

Need divi news to get buyers back bigtime not traders.

Gla

Chilting - totally agree - Q4 revenue was down again Q4 2020 because one large order didnt come in as expected and likely in Q1 2022 - raw materials putchased, large sales order (then cash receipt) and Insurance money for business interuption (inc any lost profit) will be known relatively soon

Cash could well be similar (in real terms) to H1

This is a great company and had very small float on non controlled shares so swings more than a 70s couple in a cul-de-sac

This will be fine and peeps buying now can expect 3-4 bags by autumn is my forecast

GLA

Notaflipper - I dont think anyone is expecting divis - but a commitment as to when they will likely resume would be great - eg Q1 2023

They may well restate the Balance Sheet as if the deals had completed pre y/e for continued operations (as they did last year) - separate out Cont Ops v Discontinued Ops - I just hope this year they make it very clear what the 2021 true performance for CPI was, as well as give this clarity

This would allow then to show debt reduction from post year end disposal receipts

They must know that the presentation of the FY21 is massively important - and the new CFO will want to make sure the presentation of the numbers is not so ambiguous

GLA

Guessing II bailing? - hope not but share direction is relentless

If there is a placing its likely going to be under 2p - lets hope sales are made and cash returned and also insurance cash received to bolster bank

2 Million shares are not "flippers" DJ - if they are sells, thats a decent size stake

Oiltap - glad someone has trust in the BOD because most on another forum dont anymore

Ive added but with the late reported transaction today from yesterday and the probable sells after hours of close to 2M shares, looks like some are getting out now

But GL as mine fundamentals are great but IMO BoD will continue to shaft PIs

Thanks JG - yes I know its frustrating but it will come good - dont worry about 39p avg, this will bounce to that pretty soon

50p is going to be that major hurdle no doubt - its been like that for far too long now!

GLA