Member Info for Legalwolf

You would have thought that there would be more FOMO than this in the run up to what would be a transformational announcement for the company? Maybe the market has endured too many false dawns and delays with CMET, that it now wants to wait for confirmation of the deal, rather than anticipating it beforehand?

I'm sure it has leaked in the past around newsflow.

I think a lot of us are still building positions and don't mind the lack of noise right now. I took some more on Friday and will continue to scale in here. I am hoping that once the churn is done, the small free float should mean a quickish move up in the coming weeks and months, and in readiness for the drill in Q3. All imo and GLA

Yes, it's probably been all too easy to trade this from 3.8p to 5.5p. This trade is getting riskier though as Bres gets closer to key value drivers and will probably no longer be an option in H2 of 2024.

Am I right in thinking that the DFS is due completion in 2024?

That's a blockbuster set of activities lined up by KAV 2.0. I think we will see 2p in no short time once this financing is complete. All imo and GLA

No sign from the trading activity i.e. share price, that a deal is close, which is all the more surprising given the 60 day timescale!

Some large buys today and Friday. Some are obviously loading up at these cheap prices, in readiness for another push up in May, when news should land on the Anza deal. GLA

Now we are fully funded for the rest of the year with cornerstone investors and no warrants to endure. Excellent financing again by BT. Great chance of making a copper find with two Rigs on the ground and 5000m of drilling to be done. Certainly mean business here.

Probably best not to respond to him anymore. Just attention seeking now. Probably has nothing better to do than post about OMI all day.

I will look to join the BCE party on Monday. Tried to pay an entrance fee of 0.052 but it wasn’t happening.

We know HEX is being churned to let the pre ipo lot out. Once they are done it could move quick as it has a small free float. I’m putting an initial sum in but also holding some back in case.

I took some more Hex at the end. My cheeky buy order on BCE never got hit. Damn these opportunities all coming at the same time, we could have done with a sensible order!!!

I echo what others are saying about Bhargav. I used to think he was a respected LTH on here, but he just seems to be repeatedly posting the same drivel over and over again, usually multiple times a day. How many times do we need to hear how BG is "this and that", how he is mugging us all off, about his recent placing and blah blah blah. Posting like a broken record How can anyone be a LTH in a share and yet have such deep rooted negative opinions? Doesn't make sense to me.

Did he make a big loss here and the bitterness has overcome him? Or is there some other kind of agenda here? One thing it isn't is someone wanting this share to do well and helping to build positive sentiment on this bb. Anything positive is just received with a barrage of non sensical rants. All imho

Https://twitter.com/Ben_Turney/status/1783789526676083161

The fact that he continues to tweet away is also indicative that all is going well in the background with the Anza due diligence. Were it otherwise, he wouldn't be tweeting like this. The OMI team is also on its way to Columbia to prep the Pepas campaign - again another sign that the deal is near to being completed.

It might not actually take until the end of May, and so we could be anything from 2 - 4 weeks away from getting that big RNS. Double bottom on the chart forming?

Interesting table this:

https://twitter.com/andrew_neal7/status/1783438675650412987

I see little evidence so far that POW will see a share price rise through the endeavours and achievements of its spinouts. In fact, the evidence would suggest the opposite. The way AIM operates, you have a minority who are LTH and who will see and invest because of POW's business model. They will appreciate the spin out model and its potential. The rest (i.e. the majority/herd) will only buy these shares en masse based on POW's own projects. I don't see the herd reading a RNS relating to GMET, for example, and deciding to buy POW shares in response. The chart of GMET looks much healthier than that of POW. They are not moving in tandem.

So, with that said, I am leaning to the view that in order for POW shareholders to see a return on their POW shares, we need some exciting news on one of our own projects, and not the spinouts. It's almost as if the spinouts are a sideshow when it comes to POW's own share price and the level of buying demand here. Just some thoughts....

Most folk like to buy when the price is already going up (i.e. chase)!

Well, if they weren't selling, would they not have just said so, rather than give that non committal response?

I think OMI is worth keeping an eye on. It has pulled back after announcing a slight delay to their Anza deal, which is now expected by end of May. I think it is primed for a decent move back up next month.

As for ORR, their funder is Landstead and the higher the share price, the more money they have to pay to ORR. Therefore, it's in their interests to keep the share price suppressed, which is what is causing the annoyance over there and is one of the factors that put me off it.

I managed to pick up some more in the 3s and I am well chuffed with that. But as soon as I tried to buy some more, the asking price went back up into the 4s. It wasn't a large amount either, which tells me what I need to know. Just look at the very low volume on which the MM have been moving the price of late - taking the p in the hunt for weaker hands.

I think you have to make a judgement call here on whether you think BG is being honest or dishonest about 1) this Anza deal, 2) its timescale for completion, and 3) going quickly thereafter (i.e. within 4-6 weeks) into Pepas drilling. I believe he is telling the truth on all three, and so for me, this is another gift of an opportunity to build a stake for what I am confident is coming down the line here next month. Others might disagree completely. Others might secretly agree but decide to de-ramp to buy lower. It's all part and parcel of the casino that is AIM. GLA