Member Info for lloydyboy

shed, just on that- with £2mil in the bank (potentially LR not confirmed to me) and an Mcap of £4mil i think the only options available are JV with a buy in or a sale. We are restricted as to what we can achieve as a small explorer.

i guess it would also depend on the element they are pursuing, especially with zinc and silver prices up. Who knows what route he will go. It depends who is looking and what is tabled. I would be keen to hear sooner rather than later about what route the company wish to take. Hopefully met data will give them added direction.

take place at Toral? Would be nice if he made the trip to show some VIP's around

I am sure they are pushing the silver now.... Lets wait and see, I feel the hand will be shown soon enough.

Laurence mentioned previously that any of these are possible outcomes. All of which will increase the SP.

Offtake/ Stream - careful balance of upfront investment/ full or partial offtake by % or commodity. ie a silver stream
Sale- when we did London Mining UBS ran an auction, Consmin and a various other transaction I worked on; a candidate is made public then a bid/counter situation occurred, Zamin/ENRC- long term process with tranches
JV- Two private companies not disclosed- jv asset financing agreement with payback terms then fixed npv-% acquisition price (essentially motivating for sale completion for one side to take full ownership once derisked).

I am not overly surprised oiltap. I think that at this moment in time the net will be cast to interested parties with offers being considered. If the right numbers are there the data room will be shut, which is just as exciting. Corps and strategic groups could be buyouts, could be jv.... I honestly don't think we are far away now, i really don't.

emailed Laurence and he is in spain at the moment.

actually reminds me of june when I was researching, bought in early July thinking why is this so cheap? Price then was 0.017 Then it boomed in august and I sold out. Now averaging 0.03 and I am currently sat here in the same mindset.... why so cheap?

this is still total madness..... 0.025 still.... crazy

It’s a good sign bricks and I honestly feel that it can’t be long until we start our journey to true value here

He mentioned that the presentation would be out after the mets.... the one from the agm, so not far away now.

he will be suspended for a year now for discharging his weapon. ARU never want to discharge their weapon regardless of what people think.

i get that by LR specifically said to me it was for the benefit of uk holders and we didn't attend. We can hardly preach that the BOD don't do their jobs properly when we can't even attend the agm. Slack needs to be given where due imo

no i couldnt find the agenda either

In fairness to the bod they did change the destination from Perth as previous years, to the UK for the benefit of shareholders.

bricks- reply- There was, we didnt run as there was one person, if we had I was going to audio it and post but without the audio its someone pointless. I plan to update following met results
Laurence Read

Executive Director

bricks, just sent him an email

To achieve a premium price in anything, don’t demonstrate a need or desire to sell. Point out the benefits and be approached. I think they are doing an ok job of that in all honesty. I couldn’t give a toss if we don’t see sight of the mets, I would rather see some sort of opening offer!

Your money is safe in your pocket then, rather than invested

Agreed oiltap but a patience tester for sure