Member Info for Lottohopes

Agree. I do have regrets about not top slicing. But I live and learn. I m not about to let my frustration at sp translate into impulsive selling here. The prize is too big. I can wait a few years if that’s what it takes for that boom. Patience serves me well. I continue to read and understand. Others are free to do as they deem fit. It’s their money after all. Good luck all

The lack of big buying suggests a lack of big selling. Simple. Why is it worrying? People are expecting big news eventually, and most who have done their diligence are holding. That’s over 65-70% of total shares. Considering there are no huge sells, the chunk in safe hands is significantly more. Are all those deep pocketed hawk sharp investing people ex fund managers, newcrest, Guyana, Irwin, CGP fools then? Should they sell and buy back at 5p? Lol. Are they less diligent than the dribble that posts here (myself included if you must)? The people being goaded into selling are the ones swayed by mere sentiment, rather than fundamentals. “Institutionalising the register”. Be careful before pressing that button if you haven’t patience here. Because our patience is being tested. Imho. DYOR. Good luck all

They tweeted about their first customer trying the VR tech out. “Our first client trying out our newly installed #VR setup. Very positive feedback from ESW, part of NWL, Program Manager. Great start to an innovative way of 3D data delivery #VR #EssexAndSuffolkWater #NWL #innovation #uni #essex” DYOR. Good luck all

https://www.geocurve.co.uk/services/vr-survey https://t.co/P10XWduCvB?amp=1 Cutting edge collaboration between an SME and an academic team at Essex Uni....Good for both parties. 50-67% funded by Innovate. Innovate UK seems to bless us...remember they are involved with gyrometric systems and their ORE turbine trial. Excellent results which NB has stated can be expected to translate into contracts this year. Now, I see them here funding this collaboration. TB comment in Feb 2018 contract RNS "With this contract win Geocurve has demonstrated its potential to become a UK MARKET LEADER in the supply of virtual reality and artificial intelligence surveying services to specialist customers on critical projects such as the Thames flood defences. Geocurve's use of innovative technology gives it the potential to transform the nature of surveying." So this has the potential to be THE differentiator. Plenty of companies doing surveying using Lidar, drones etc. But stitching it all together into 3D sounds innovative. IMHO. DYOR please. Good luck all

Irr is a real bargain at .66p lol cuckoo system. Imagine being able to buy and sell at these prices Monday

If you think this is a great fantasy, take a peek at ticker pere....lse messing with us lol

*fifty pence not two pence anymore 😉

Lazygun: the tonnage dropped for a variety of reasons, they spent time and money stripping surface waste, secondly I read somewhere in the CPR published today that there were issues with the ?ventilation leading to some part of operations stopping-could be mistaken, thirdly the grade has varied, recovery has varied given ore was mix of oxides and sulfides.

Going forwards, David explained that the company’s focus is not necessarily to merely increase headline tonnage processed, it is to improve metrics such as recovery percentage, grade of concentrate, AISC etc. This thinking would explain why they shut down open pit mining, despite capstone having stripped huge areas, just months ago. It saves in costs what it loses in copper I guess. So they may well produce less overall tonnage this year (at least looks that way to me until Sept 2018), but the recovery and hence grade/quality of concentrate will be excellent (I m told the recovery from the sulfides ore can be as high as 97%). Contrast that recovery with oxides which are allegedly in the 70s.

In any case, there is a nice graph of production month wise from now for next few years, colour coded by area of ore. It clearly shows a ramp up of (ore) tonnage from Sept 18 onwards. All just my two pence observations, happy to be corrected. DYOR. Good luck all

You are welcome DG :-) glad to see you made some money on ggp too. I was in ggp, sold out in impatience. Lots of news flow in months ahead, drilling out Minto asset, exploring the surrounding regions, resource-reserve conversion and mine life extension etc etc Good luck all

Yawn...try something slightly more intellectual in your deramping efforts boys

They own circa 33% themselves. So would they shoot their own foot? Very unlikely. Just my view point

Take a look at the corporate presentation and comparison vs peers. Many fold it looks like....

Hi Bythesea...Bottomline is we have been rewarded for our patience and faith. I see serious upside beyond the relist. A copper producer with active exploration programmes. Well done all holders :-)

Sav: thank you for sharing your comments, great attention to details as always. Will take a look in the evening. Cheers again :-)

PS: iphone app is ok, works but functionality could be improved imo.

Hi Skint: I’ve only been with HL, so accept no experience with other providers. Excellent service on the phone, easy to get through. Online, good reliable website, I like the layout. Transfer from fund ac to ISA: takes 2-3 days, although they say weeks. Transferred SIPP from another provider to HL, took less than a week. Hope that helps.

Correct Pad. I think we sometimes forget how harsh the recent copper bear market was, for everyone, from junior explorers to major miners. Those juniors that survived are lean and fit, ready for the next stage. But i reckon it has made the majors very cautious about splurging cash. Esp if asset is not immediately cash generating. The majors are now accumulating cash, and will reach a point where they get itchy to do M&As. The five major copper trading houses of Japan hold cash reserves of $48billion for ex. It takes time for buyer and seller to meet in the cycle. I prefer ENSA sold in a few years (unless it’s going to production, I m still saying it’s an option with solg as junior partner), when it’s value has increased significantly not just because of intrinsic value (through drilling, proven resource, studies etc), but also given sentiment to copper, majors appetite for acquisitions has improved. Just my two pence. DYOR. Be patient if you believe. Good luck all

Evening folks :) Just been reading a bit on the possible issues around extraction, given I m invested elsewhere in a Cu producer. Oxide ores are cheaper to extract copper from, BUT recovery tends to be much lower, ie percentage in 70s (than sulfides). Contrast with sulfides which have much higher extraction rates (90s, even upto 97% of copper can be extracted), but I believe higher cost of extraction too. The upper portion of Alpala is oxidised orebody. The deeper portion is bornite/chalcopyrite rich ie sulphides. So the higher grade is good news, but sulphides is the even better news. Grade of concentrate produced varies from mine to mine, it relies on how much copper can actually be extracted, and therefore sulphides win over oxides. Note the new tenements Huenca etc also have sulphides. Just my observations. Happy to be corrected. Patience needed. DYOR. Good luck folks.....

I think a big chunk of costs raise will be non dilutive. Some institutional investors will however want in, and this may be their only opportunity; so even if equity dilutes, it will go to sticky hands. Pere is a producer going into a copper bull market, cash won’t be an issue, so I don’t expect big dilutions any other time unless we go for another asset (not unthinkable in a year or two). Numbers we know: $37.5m acquisition cost. $4m drill program at Minto. Exploration program regionally: probably initially just hard graft boots on ground ie soil, rock chip etc, then magnetic studies to refine possible drill targets. Minto geology is tricky, so conventional studies unsure if they help. It’s where Kovacs experience comes in. The other expenses ex salaries, running costs of mine/mill are payable through the year ie as revenue comes in they get paid. Imho. Happy to be corrected. DYOR.

Callit: some might say it’s all hot air, and they wouldn’t be completely wrong ;-) “Wind power contributed 15% of UK electricity generation in 2017”. This is the first time in FIVE decades that UK coal fired stations were shut for over 72 hours. Japan had a massive earthquake. Uranium market could plunge further on natural events as it did before. Hot air can take people places, safely. Imho. DYOR. Good luck folks