Member Info for mattlilly

Same trades repeating over and ov er...3035, 935, etc...

The last 60/70 Auto trades at 9p...

99 out of the last 102 trades Autobots...

Who are they holding this down for...?

Davethehorse filtered...part of the utter rubbish on ADVFN...

Well done jezzoo...was that your 110k or the 60k at 9.03...

Meanwhile Autobots savaging this share price...

Copper keeps bouncing off $3.70...

Looks like its definitely broken out since last Friday, but IMO needs to break and hold above $3.80...

Meanwhile gold definitely broke out strongly above $1925...held firm at $1975 on a pullback from $2000+ needs to push through the $1980s and then bust $2000 convincingly with momentum...

Meanwhile silver needs to break out above $24 and push through $25 and $26...massivelu undervalued...a strategic industrial metal with no real pull from gold yet..but above $28 the sky's the limit...

And to give a perspective on all this, we have:

12.6m tonnes of copper at an assumed $3.60 (now $3.68) - uplift $2.3bn

26.7m oz of gold at an assumed $1700 (now $1988) - uplift $7.7bn

and 92.2m oz of silver at an assumed $19 (now $22.7) - uplift $0.3bn

Giving a total net cashflow potential uplift of $10.3bn or £8.5bn i.e. £2.74/share

Remember there is no initial mining cost to get these gross uplifts...even on a DCF, surely they would be at least £2.7bn or 87p a share...

Plus...an equivalent deal to Lumina for 6.6% of Gold stream alone would give us $728m in cash...or £600 million i.e. c20p/share...

(No wonder he's not worried about cash...)

But does anyone honestly think that would only uplift the shares to c30p...

So guys...

I get the fear, but we are right at the bottom of the next Bull phase in Junior Miners...

Gold is going to $2500

Copper is going to $4

PFS2 will show a big cut in Capex and a big uplift in revenue/asset value

When all are fearful (especially with no reason), that is the time to buy...(but certainly not sell and suffer years of Sellers Remorse)

In conclusion, these numbers and the opportunity here are mind boggling...

No wonder Scott's taking his remuneration in share options...30 million at 17p that will vest in March 2026 (or immediately on a takeover...) plus his 17.5 million shares...

So he's gambling 47.5 million shares at 17p and PIs are moaning or selling at NINE PENCE...

Looks like somebody followed me in with 110k at 9.02...

Bought another 211,000 at c9p...

That takes us to 1.25 million...the highest we've ever been...at an average of c11.5...

Have we still got profit takers and weak holders on here, letting the MMs and Autobots march this down...

After the three stooges bought shares we hit over 11p and slid steadily to under 8p as Berry Street trashed the share...

Since Scott's bullish RNS we have bounced to a smidgeon over 10p last night and slid 13% from that...

Even yesterday's 15 million volume has failed to turn sentiment round on here...

I say again...

With 51% at least in the hands of major holders...

Institutions holding strong and...

Patient PIs simply waiting for a payday....

Together with daytraders and a modicum of weak holders giving up...

Plus gold and copper slipping back...

It doesn't take much for this SP to sliiidddeee away, but then...

It wouldn't take much to drive it back through 10, 11 and who knows where...

A TR! would be a start...

Got no replies to this, so sorry for wasting your time...clearly you're all going to take the money and run...buy an E/V...get the wife a new sewing machine...etc...

But I know at least one on here who will emigrate to Portugal when our ship comes in...

19 of the last 24 posts filtered...so many people on here who have sych a sad life that they spend most of the day posting rubbish....

(Oh and pause for a moment before responding because I won't see your reply...)

Believe it or not its worse on ADVFN...59 out of 64 posts filtered...

Please GOD a takeover soon so that my misery can end...

Got to be major shareholder news soon....

Fort...15 million shares traded yesterday and the last bargain (albeit small) was at 10.1p...

This could be a good week on the rerate...I'm looking for the 11s soon..

SM...The other shares are held by my wife...we have 1 million or so between us and that's how it will stay now...

Why did Scott, Stacky and Twiggy buy 1.64 million shares when they did...?

OK so the 'public' explanation was that they had to before a 'closed period' and some of us speculated what the announcement might be.

And of course the 'closed period' is for the MD&A and Dinancial Statement. 30 days later would be 9 November if we assumed that Stackhouse bought his second tranche on the last possible day, but...

Think on this...

Why were they keen to buy shares then...? If they waited for the financials they wouldn't be able to buy until 10 November.

But what if there is soemthing big in the offing, either between now and 9 November or shortly thereafter. Then of course they would want to get the shares while they could...why pay more than 9.9p/10.97 (which was the range they paid?

But the financials should be a non-event, which reinforces my suggestion that there is something big in the offing, which might happen even before 9 November.

So then consider this...?

Some might suggest that they knew about the Berry Street liquidation, or that it was in the offing...

But then you would wait surely, even until after the MDA...unless there is something in the offing...

And here's the thing...

DBW hit the nail on the head with the implicit suggestion that a Gold streaming deal answers all our prayers...

It leaves the copper intact

It puts a value (Asset Value, not Market Value) on the Resource and thereby the shares

It takes away any cash worries indefinitely

It puts the wind up Jiangxi, BHP, Newmont and anyone else seriously interested in bidding and flushes them out...maybe before the deal even gets signed off...

So I seriously think there is something in the wind and some seriously good news in the offing...with a massive rerate...

Because why would Scott, Twiggy and Stackhouse blow there precious cash on a mere £160k worth of shares unless they think they will make serious money on them and...

More to the point if they thought they were going to be blown out at the AGM...

Just think on this...

Wow! 10.3 million after yhe bell including a 8 million UT!

Hotting up.

Now read my next post for an exciting possibility...

And thats exactly why I went for a hybrid...with which I'm delighted...

I think you'll find its $300m 1984...

https://www.mining-technology.com/news/lumina-wheaton-gold-streaming-ecuador-mine/?cf-view

That is such a clever and highly relevant point DBW...

For starters I referenced the fact that gold is already c$300 above the PFS assumptions. That alone adds $2.8 billion to the bottom line...

Based on your numbers, we could fund the whole of Cascabel for an equivalent deal with Wheaton or for that matter Franco Nevada...

I personally would have no quibble with an equivalent 6.6% deal and just imagine what it would do to the SP...

Meanwhile the currnet uplift of the gold price of $2.8 billion/3.1 billion is c90p/share by my simple maths...

You can be sure that any hint of a gold streaming deal would flush out the would be bidders, just as it royally p***ed off BHP and NCM when we did the first FNV deal...

How did we all miss this Lumina deal and it adds fire to the question why the SP isn't MUCH MUCH higher...?

Read my own post...bought another 120k...