Member Info for mattlilly

Not surprising....look how the original Oz Board is slowly being replaced.....

Look I know a lot of you are angry, frustrated, worried, impatient, etc....

I get that...I remember the sinking feeling on Friday when I saw the RNS and the collapsed SP...

But you recover, reflect, make decisions and get on with it...

And you live by your decisions, whether you sold, bought, held on...theu were your decisions and your decisions alone...

If you simply sat in the headlights you need to rethink your whole investment strategy...

But since Friday I've seen unbridled anger and all the negative emotions expressed on her and on the other side...

I get it...this is where we can let off steam...buty consider again...

If the new Board HAS 'kitchen sinked'...if the SP HAS finally capitulated, then we have a positive future to look forward to...

With no overhyping...no overpromising and underdelivering, no nasty surprises, no false hopes...

Just a rational investment decision...

This is NOT GGP but its also NOT Sirius...

Just reflect on the vast resources we ALREADY know about and whether they are remotely reflected in the SP...

So if we can accumulate positive, optimistic thoughts its just possible that Calmer decisions and the Karma that flows will lift the share price and make us all happy and contended bunnies again...

PS Quady...you're always positive but special request...please stop repeating your assertion that Alpala is going to production...it may be the Board's intention, but nobody ACTUALLY knows until any DFS and Financing package are finalised...

In the meantime, your opinion like everyone else's is merely speculation...WHATEVER the company says...

If the SP can be driven down to 19.82p when the company is worth way more than that then all is speculation...

The SP goes up when there are more buys than sells...simples....

WRONG! They've been working on PFS...PFS...PFS...

Those aren't Fawzi or Eliza's deadlines...

This is a PR/Communications department...they are dealing with media and deadlines all the time...

We should be immensely grateful that they are prepared to discuss and be open to feedback...

What a refreshing change!!!

Thanks mistermeister...

And that TOTALLY fits with my own understanding...

Here's to this much more objective, mature and open approach going forward...

My genuine sympathies DBW...simply can't imagine how horrible it has been for you.

God bless you

Portofino

No
No
Yes
Yes
Yes
Who knows?

The§ SP may have slipped but the company hasn't gone 'boobs up'''the PFS has slipped because the new Committee want to do a thorough risk/reward review...indeed it may be so thorough that the DFS follows very soon after...

Remember they have been working on funding possibilities for almost a year now...

DBW its only a disaster if you HAVE to sell your shares...Hannam puts 105p on this...how long do you think bidders can hold off...?

Come on soft rock...do you think that helps the SP...

The Board has stated that there is sufficient cash for Regional drilling until at least June...

Alpala is fully funded to DFS (originally) especially if they draw the additional $50m from FNV...

Saying funding will be at 15/20p is daft when in the next few months the SP will inevitably recover to a certain degree, especially as Regional drilling news comes through and even more so if coppe/gold/silverr advances as Goldmans and others expect...

So I expect no more than a modest raise at a price of c30p or more (assuming no bid before then)...

In the meantime, don't rule out a Major Holdings notice from Valuestone if they clear 3%...

As U said earlier today, if you hold this share and you think out loud negative thoughts you are damaging your own financial security...nobody expects you to be positive all the time, but 15/20p is a wild and invalid speculation fo a company that Hannam values at 105p a share AFTER fridays RNS, several others value at over 100p and only one broker puts at 55p...

Very often a company will check the market to see who comes up before making an internal appointment...

Hardly averaging down when I sold 2/3 of our holding on Friday....

I don't think we've been weakened at all...

The extra time will allow for an even bigger proven resource all round...

However, we may be more vulnerable to a bid...that won't be entirely unwelcome at the right price...

(That'll stir up my new mate Quady...)

Thats a Del Boy Classic!!!

Had to laugh at myself there...Fat Thumbs...

Pour encourage les actress...

les autres...d'accord...

As I've explained before... I am transparent because of being called a liar before...

The point about 21 to 43 is not self aggrandisement...its about keeping a clear perspective and 'pour encourage les actress..."

As we've said before (and as I say)...in the US people say "well done' and are pleased for each other...

In the UK we say "what an arrogant tisser..."

But thanks for the compliment...I don't always agree with you but your posts are always good value...both here and 'on the other side...'

39.5 million shares traded on Friday, starting with a9 month low of 19.82p

Take out COVID and its a 4.1/2 year low...

Crazy...

39.5 million traded means c20 million sold and c20 million bought....

So let's hope that was Capitulation...today's volume FAR lower...only just over 4 million...

I'm guessing some are waiting for a lower entry...some are fully invested at these levels...some have just sat the whole thing out...

And some will panic back in when the SP moves up...

Friday was FOLO (Fear of Losing Out)

Next comes FOMO...the prevailing private investor strategy...

novice...what happened to "55p by close today..."...?

Apologies for my maths...

We bought 225k at 21.8 and I then bought another 50k at 21.39...

Lets hope its rinse and repeat again...

Twice we've invested at 20/21p and twice sold out at 42/43...

We're now fully invested (with 675,000) at a revised average of 21p again...here's to 43p...again...

We might all like to keep in perspective that COVID drove the SP down to 10p...

It then recovered to 29p in 6 weeks and 43p in six months...

The resource hasn't gone away...its got bigger...and better...and clearer...

Hannam valued Alpala (net of the Regional assets at $75m) at over 100p...AFTER fridays RNS...

A week is a long time in markets...

Aha Quady...out of the woodwork...good morning sir...

You're absolutely right..this is a block cave mine, not open pit...nothing changes...

Yes there may be some cut from the surface as well, but marginal...

Just one point...we only have an acting CEO until March...after that, we may have an internal candidate or otherwise hopefully a 'big hitter' with direct experience of production in South America...