Member Info for Know0

is Thomas, GTTMoon?

Thomas you were the one that made a fool of yourself at the AGM?

Yes - please answer - what was your offer / terms? What was the reply?

PLEASE post the email here for us all to see

Crow - you may be correct (and I hope you are) - but i think there are liklyl some IIs selling down and hopefully others now coming in

Sadan - I think that will be when prices are a little higher than they are now - BUT who knows!!

GLA

Yep - I have added my monthly 1500 quids worth and added 10k this week from trading account - just too good a price

Toby in NF ( hopefully signing the debt deal with the guys from Ontario)

Things progressing well with the ore sorter we understand - concrete work all done before the weather turns.

6 Stopes open by end of year and achieve the 1350tpd

The debt facility will strengthen RMM hand in negotiation of a JV on LD - this could be announced anytime, and I certainly would expect Toby to be meeting prospective partners now that he is in NF

Get that deal done and we will be a quid before Xmas

Therefore, if you are waiting for the price to drop sub 20p or sub 15p before making an entry, then any of the above will mean you missing out bigtime

THAT is why I have been very happy adding even though the SP continues to fall - because I have full confidence that this will be a very profitable investment in the not too distant future.

GLA from a very hot Nova Scotia

few 100, 200, 330k trades look like sells as well as the after hours

We must be having a couple of holdings RNS soon!

Lets see what everyone is up to!

price volume tradeValue
47.854 180,284 86,273
47.522 2,031,420 965,371
47.954 583,266 279,699

Looks like a seller - price still holding well considering

Fraya - hope you are right!

Yes its way under valued but the resistance to hold 48p let alone 50p is startling - lower volumes, a big seller yesterday may suggest 50p becomes more difficult without a bit of news

From my trading holdings, I sold 25k at 46.8p and 25k at 48.4p thinking we would have a small retrace - gutted about the first one but still think unless we hold 48p comfortably this week, we will retrace a little without more news

It should be higher but I have a few shares I say the same about!

IIs may not be in any rush to use their funds yet as PI momentum has dropped and the SP may well drift slowly for a couple of weeks - IIs will likely be able to buy at similar prices to now in 6 weeks time when more news maybe coming (refinance or another disposal - or fingers crossed, BOTH!)

My LTH investment is there for 80p, 100p and 120p - that is circa 150k at avg less than 38p (approx - as some of that is in kids accounts etc)

So I want 80p soonest and a big believer it will happen - but fear we may have to wait a little longer to get it

GLA and DYOR

Sadan - that 1.9M share sale won the day today - relatively low volumes - lets see where we go next - need a few more IIs to buy in now

Culley - Refinancing isnt complete but the cash from disposals means its not such a concern - I expect that to be done reasonably soon now

Bal Sheet has definitely been greatly strengthened and profits increasing, so easier to get decent terms

GLA

Risky- similar thoughts to mine (although I think any offer would need to be closer to £1 than 70p)

I don’t think this will go to PE (not because of leverage) but because of exit options.

But having been in for a little over a year, I would be very happy with a 80/90p offer this month!!!

GLA.

I cant see a dividend being paid until at least next Aug - they may well talk of dividends in Q1 but dont expect anything until much later in year or even early 2023 IMO

Few decent disposals of non core and another decent new contract with good margin (plus refinance of current debt) will give positive cash flows and dividends

JL will be gone March 2023 IMHO - job done, let someone else manage it from there

Anyway, I have to say my profits here are simply scrumptious!

Been tough times but always trusted my research and was happy to add big on the last drop - GLA and keep doing your reserach

If we get a pull back to 46p ish - I am in with another 35k min

GS - I am saying that when we get to 60p they will be looking at shorting it back down again

no raise - disposed of a few non core assets and turned the corner of recovery - good RNS last Friday - well undervalued

BUT dont compare SP to what it was March 2020 - that drop was not Covid, it was losing money and high on debt - charts can only be considered since April 2020 I would suggest - so we are about to make new history that nobody knows what it may look like

50p has been a big resistance in last year - but with the latest results, it may prove less so this time (although I dont expect it to go through 50p at first time of asking and could take a few attempts

IMHO, 60p will be the next hurdle - so could move relatively unscathed until then

I have a suspicion that shorts will try to get it back to 40s if it gets to 60s - but they have less ammunition now that H1 Results have confirmed most of the uncertain factors

GL and DYOR

My prediction - 80p end of year

you need to do your research before investing

Check out posters history - it doesnt take long to see the genuine people and who share research - not always correct but when posters simply post negative comments without backing them up with facts, probably best to just filter them.

For those that lost money - I hope you make it back - treat it as a learning fee (we've all paid it somewhere along the line)

Well done to those LTHs

Lets see where momentum takes us - we will be shorted again i am pretty sure of that. but there will be less upon which to prey on the weak

Good luck everyone - go make loads of money

Good luck Alibro - sounds like you deserve it

Finger crossed for smashing 50p and leaving it behind

Cash - those like AJ Bell, HL etc are not their shares - they are PIs shares that they hold (Barclays trading platform for example is helf with AJ Bell)

Dont be fooled by those holdings as if they are IIs

I did my bit!! got to just over 300k invested!

Portfolio up 30k up last Friday was just reward!! And it keeps on giving - still 80p target for my LTH first cut

Trading cash is different

GLA

Cash - no it couldnt!

RWC sells and shorters took it as low as possible (lower than they thought possible because of RWC sells)

The June Trading update was clear that recovery was good - was just a surprise the SP didnt go up to at least this level before last Friday - I was happy as i chucked 100k into RR 10 days before in 90s and got it all out at decent profit and got a chunk extra in here before the rise - so was very happy that CPI SP didnt rise until Thursday

Lets go smash through 50p and see if we can attack 60p by Sept

GLA but DYOR

Cash - not losing faith at all - but i added nearly 100k in last 3 weeks - that was on top of the 225k I had in also

I am happy leaving the 200k for my target, but the last 100k was to come out as I need that before end of this month.

Selling 25k worth today at 42.8 is just trading it a little - my LT investments will be there with same 120p target for final tranche

Today we had a low of 39p and finished 43p - CPI when we have volume, does have large intra day swings and I hope to take advantage with my trading cash to add some more profit - if the buy doesnt come then Ive got some of my cash needed for end of month already and not been greedy with it

Its just risk management for my cash requirement whilst also taking any opportunity to maybe make a few 5-6% in a day or so on a small part of what I had (over) invested from my plan

Hoping for at least 50p (maybe higher) by end of month - but thats 3 weeks away and its not going to be green every end of day
GLA - DYOR

I still think we will get a short pull back here - this is now 20% gain for many, and they will be out

Decent volume again but unless II buying then I can envisage a slower 2 steps fwd 1 step back up to 50p - I always said I would trade some in 40s so hope I get that chance - as long as it keeps rising on the weekly then ample opportunity to keep making profit on the daily

GLA

5,630,000

CPI held back the RNS of the transactions - Increase then decrease - since before results - that is simply not on

We have a write to know this when CPI are informed