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SP Angel again today reiterating BUY - but as they are the nomad it doesnt have the same clout as others - wish we could get another broker to cover us

or MMs realised it was an 8% dilution so just dropped the prices?

Most of what Moon writes I think is nonsense (even if I have managed to interpret the words) but in the next couple of weeks (without positive RNS) we may very well drop to 20's - 6% dilution (? I think) isnt factored in to current SP from yesterdays close

Just because Moons constant erratic ramblings dont sit well often, doesnt mean they are always nonsense - I dont think it will drop to 20s but there again on the end Oct RNS flow I didnt think we would've dropped below 38p

DYOR

FTC - it was coming as loan - no change to company cash

But IIs have got in on the cheap

Metalhead - the cash to the business has only changed by $200k - they were getting it as Loan (with 9% coupon and delay in repayments_ but now getting it as increased equity with warrants

No change on short term cashflow and with expected profits, MT/LT cash isnt an issue

Disagree that its good news its at a premium - if they bought in open market they wouldve had to pay much higher premium cos the SP wouldve risen significantly

It stinks - it will be even worse if this is to Brad Mills controlled business

Metalhead - it may be a vote of confidence for the business, BUT the cost to PIs is higher due to dilution

If IIs had bought their shares on mkt the SP wouldve doubled - disappointed with BoD although Brad Mills dilution is greater than ours so maybe there is better news around the corner

well flattered to deceive today - but now we are maybe 2 weeks from the update - we are only a touch above our new floor

Lets get confirmation of H2 performance then a nice santa rally into year end - we were over 50p this time last year when we were nowhere near as strong as we are now

Im hoping that from next wednesday we will see a few consistent green days leading up to those results to take us to 50p then results to take us closer to 60p

Few LTHs I know are fed up of waiting and will get out early 50s, but remember were 55p a few weeks ago - lets get confirmation that the new contracts (inc the massive Royal Navy) are profitable as expected, and with 6ths of these in H2 compared to 3 mths in H1 and we should be confirming good cash generation

March update for FY accounts, we then need discussion about restating dividend because this is what Capita was and the grey haired love a dividend! (not me although I am grey!!)

GLA pls DYOR

They told us what was outstanding at the last RNS update and they told us the previous 10 days output - so if thats continued then we should be out of the hedge within days

Would be nice to have confirmation of clearing old hedge with news on what next hedge is within the next 2 weeks 0 then Santas rally should push us back towards 50p for year end is my hope

DYOR

No issue with the next few weeks as long as they inform us when hedge is cleared and what new hedge is - yes I am Long on this for sure, but news flow bring in new buyers - as with many small cap AIM companies. there is a limited market of buyers (compared with full mkt)

Just being a copper miner with all the huge upside we have here (and recent confirmations thereof) has not pushed us to hold 50-60p where we really should be now - no broker coverage etc means many investors dont find this opportunity - most of that are Long here really expected if we were to receive the newsflow that we did, that this fully justifies 50p min.

We know the fundamentals and we know the huge demand for our product and even with the worst case modelling against copper prices / C1 costs for the next few hears that we will be highly profitable (greater than current mkt cap)

Putting out stunning results every 3 mths will see huge peaks & troughs IMO - we need to see sustained growth and communicate this for the next 6 mths is my opinion - then we can go to qtrly - when we have a proper base as buyers will have greater confidence that these wild swings wont continue

All IMHO and pls DYOR

I think they badly under estimated the market if they think in a turnaround that quarterly updates are sufficient

I questioned them on the call about this - they still have to prove they are doing what they say they will and as a minimum for the next couple of qtrs, we should get info more frequently than 3 mths

I realise that issuing an RNS is costly, but the market needs info from a failed company to show that it is now a very different proposition - that will bring in more buyers

I hope they reconsider or at least get regular social media posts up - with good news that doesnt require RNS

GLA

maybe those large buys (inc after hours) were the shorts closing?
Lets hope they got lucky and are now out

Gozal - no he is not - read the accounts - he had a backdated bonus - that is not being repeated

2018 and 2019 they had nothing positive to report!

2020 was nice but all woolly stuff about turning the corner - June 2020 we had credible tangible evidence (supported in Aug) but also had a few big new contracts that didnt kick off until April and a few legacy that will have ended March 2020 - so Q1 should be less attractive anyway

This 6 mths period (H2) should confirm yet again that they are doing exactly what it said on the tin - lets hope for a lovely Xmas present then come march / april with good news and new ISA sums we should be significantly above 60p (IMO)

Anyway, 10% ish rise today still makes this SP cheap IMHO - DYOR

lets hold 48p today and 50p tmrw

Fingers crossed

Ian - company said they would update on the FY anticipation in December - they did a similar thing in June (then shorts took it down to silly levels before we had the Aug confirmation of what they told us in June!!

Possibly similar thing will happen here Dec/ Jan?

Well it took 25 days of the Month - do we all remember this time last year - twice we hit the magical 50p and dropped back

I do think that magical 50 will read magical 60p come Jan/Feb

The issue with many broker targets is that they never give a timescale - but will be happy with this back to mid 50s asap and toying with 60p when we get the update

As I have said many times, I believe from my calcs that this should be 80p minimum and my broker note would be 80p next March - so RBC I challenge you!!!

GLA and for those that sold out on recent drops, shares are not a get rich quick scheme. Shares like CPI are not just for Xmas!! although they are a gift that keeps on giving!

DYOR pls

No1plasterer - we have the Q3 results / 2021 forecast during December - initially we were told wk1 but more recently theres talk of wk2

Still plenty of time for MMs to play games with SP!! - still expecting it low 50s before the update

GLA and pls DYOR

agreed Cane - made a load of money on CPI - Im happy with all these swings!

TB said on the call that he was in Toronto

Read Elon musk was in Toronto same day

Coincidence ????

YES!!