Member Info for Legalwolf

Into the 9s now. Might be setting up for a Friday FOMO tomorrow, which would be ideal just before the site visit next week?

Some huge buys in the upper 8s today. Think we are about to see the end of the 8s today and into tomorrow?

For me, it's more about "timing" of any large scale investment into Bres - as opposed to a trade. I don't mean "timing" in the sense of trying to nail the top or bottom, which is rarely achievable other than through luck. But more a case of "timing" in terms of when the share price is likely to gain most traction. At the moment, we all know that Bres has been stuck in a trading range between 3.5p to 5.5p for a few years, with occasional extremes at 3p and 6p. I believe this is a direct consequence of the placings that have had to be done at these pricings. I accept that those placings have been necessary, but it also has to be accepted that they have held Bres back - at least that's my opinion. It's not a criticism of Bres, as there is no alternative.

But it is also clear to me that further placings will be needed, if not for the DFS, then when it comes to project funding, as well as for Bres's working capital. Because of the existing dilution and warrants, the share price can't move outside this trading range meaning that these next placings will also likely have to be done within the current trading range, and probably at the lower end of it, just like the recent one. It's a bit of a vicious/self fulfilling cycle really - until that inflection point finally arrives.

Many have wondered why Bres isn't moving up giving the outstanding project and progres being made. Imho, the answer is because the current and future dilution are necessarily pegging it to these levels. The share price can only really go up when the impact of this dilution comes to an end, or the market no longer fears it. That means clearing current placing overhand and warrants, and not adding more to it in the future at these same prices.

But just my view and I might well be wrong. All imo and dyor

Another decent buy and bid and ask gone up. We might get a tick up this week ahead of next week's site visit.

It's a very poor show indeed. The comms here were woeful under the previous regime, but this is far worse. Nothing but bad news and delays have been served up. Not surprised folk are selling whilst there's still some liquidity at these levels.

It's clear that there's no way ANY of you are going to pack it in - too many egos at play here. No different to trying to placate naughty kids, when they respond by saying "he did it first" or "it's not my fault" or "tell him, not me".

What's silly about all this is that the drilling results and resource work will speak for themselves and are not going to be affected by any of the nonsense on here. So in a matter of 4 to 8 weeks, we will all find out what the results have shown at Pepas and what resource estimate the 'experts' have come up with.

I am surprised we didn't get a RNS to confirm drilling has started?

Shares are being accumulated at these bargain prices ahead of a period of positive newsflow which will last months (50 day programme just at Hussar alone which will take us into Feb/March!). There have been lots of £10k buys at these levels, but those buyers are not going to lump all their cash in one go, otherwise they won't accumulate at the best prices.

As soon as the accumlating is done and all these cheap shares have been taken up, the bottom will be firmly in and we will see a very rapid move back into double figures. A LOT of money will then come flying in, when they see the reversal and beginning of a new trend up. Most retail like to chase and some traders wait for reversals before they commit.

The fundamentals and technicals are close to aligning here ahead of next week's site visit. So hold and add what you can as it won't be long now before the newsflow takes over and kicks the FUD into the long grass. All imo and dyor

When all are imprisoned in the dungeon, they all have to gain favour with BG somehow. Seingred has a moment of inspiration, and decides to announce his investing prowess, and informs BG that he has 70 positions. He teaches BG about Bitcoin in particular, and now BG is a multi millionairre and doesn't need to buy shares in OMI.

Sharebel - you’re not kidding anyone. Agree with others, take your spat elsewhere and no need for your own negativity here. Almost like you have your own de ramping agenda here😉

Nice one Ace - excellent price that. Now step aside and let others have some 😉

Tried to pick some up below 8.5p, but some greedy individual(s) are taking them all each time it drops there. MASSIVE accumulation going on here going into next week's site visit.

We will all have to wait and see how this plays out.

I'm hoping (and I can put it no higher than that) that the upcoming resource and drilling results will result in a noteworthy rise in the share price from this basement level, which will present a shorter term opportunity to make some decent money here. I will be more than happy with that.

Therefore, I'm not all that fussed about the pessimistic views of longer term and underwater holders here, and whether they are right or wrong. Similarly, I'm not concerned with the longer term cash position, I will worry about that if I'm still here when that becomes an issue.

What I hope will happen here in the more shorter term is that the first sign of share price movement north will start to lift sentiment and fomo here over the coming days and weeks. There are already signs that getting shares now below the placing price is becoming more difficult. We haven't even had the first of the RNSs yet either, just some tweets.

So blocking out the BB noise and irrelevance and focussing on whether there's a decent size move about to unfold here (50% to 100% or more) over the coming days and weeks. That's it! December/January also tend to be amongst the best months of the year for the markets. Gold also stirring back into life on global fears.

So is it game on here for a big money making move, or will it all end up as damp squib - let's all wait and see. Not long to go now either.... GLA

Understandable - it has to be jurisdictional issues again. Can't see what else it could be, as the drilling was all set for October. But then it's been due since March!!!

Wth - last time I traded WBI it was around 8p and going well. Not tracked it at all since, but what a fall!

Yes I easily could have but didn't. That demonstrates that I'm not de-ramping this, just trying to work out whether it's worth all the hype, and presently not convinced that it is due to the dilution ahead, which is a shame, because the project looks solid enough.

Anyway, will leave you to the echo chamber.

A mixed bag of a RNS really. But could go either way depending on the next update. Cash position will also be a factor, as they will have run over budget at Ingomar.

Bo's comments were more measured than DM's, but also suggested that it's a case of "time will tell", which AIM punters don't like, as they don't have time!!!

With the HEX trade done (for now), and this going cheap as chips, I would not be surprised to see GEX now take centre stage as the next big Helium/Hydrogen play. Perfect opportunity now in the days leading up to next week's site visit and the chance to gett in at the bottom. As we have seen, price here moves up and down very quicky on a few large trades, so when things do hot up here in the coming days and weeks, there is the potential for this to go on a big run. GLA

This BB squabling is getting SOOOOOOOOOO BORING!

Meanwhile, the Ask is up to 2.8p, suggesting all the 2.7s might be going/gone?

So DFS not fully funded but strategic investors might come on board? Debt funding is great, but not so sure about the equity part, as that potentially involves more dilution which could run into the £millions.

I'd be concerned that Bres is going to be potentially saddled with so many cheap shares now and in the future (with warrants on top), that how can the share price go on a run?