Member Info for Meadow1948

Tommy-Thank's

Filthy-I agree we have a very good asset but posters in my opinion are getting carried away with what the sp will go to pre-drill,

it's all just guess work .As normal I hope I am wrong!

Tommy-Iv'e been here years I don't deramp or ramp I tell it as it is.

I did buy some at 0.045

How many times have we heard this is the right time to buy or add more? if the share price stays where it is the next round of dilution will be lower.We are waiting for news and I'm sure the sp will try and rally but it will run into the "Investors " selling.I think the only thing that would hold any type of rally would be if AB came out and said the "Investors" are not in it for a short term reward,which I am sure they are this is the reality of dilution.

As said quite a few times I think a Greater Sunrise settlement could bring back the Majors and our 30% could be snapped up.We struggled to raise our drill share so it might not be as easy as people think,I really hope I am wrong.

The big question is where is the funding coming from to start production?

I think AB will try and be positive but who will believe what he says? I think he has lost a lot of credibility-NO dilution-timeline on drill-he will not only get funding for the drill but also funding for production in 2028! where did he get that one from?As said previously our only chance of a decent return is down to the Greater Sunrise settlement which hopefully will bring back the Majors and if the drill goes well they might fancy our 30%.

Great posts as usual!

As said before I think the only chance of a decent payday is if the drill is good-Greater Sunrise gets sorted and the the Majors come back to TL.Then one of the Majors snaps up our 30% unfortunately then I wake up!

Filthy-I think there is clear evidence of forward selling by Merax MM who are an arm of Merax Financial who arranged the our funding. We were told our "Investor" had good reputation for long term investments or words to that effect.The thing I was concerned about with the CLN was the bottom conversion price 0.025 if it was 0.05 the SP would be higher and given me more confidence.

Nobody was having a go at Robbie when he was constantly ramping for two days "drill baby drill" while selling out because it suited posters.But because Silver is posting what he thinks people don't like it but I do agree too many posts.

At the end of the day I would think the deal was take it or leave it unfortunately beggars can't be chooser's. A DEAL is better than NO DEAL.

I don't discuss what I do but I will this time have reduced my holding since the funding news.

Sold 7's and 6's and sold some in the auction this morning,still hold quite a few will be looking at buying 0.045 and 0.04.

NOT A GOOD LOOK

It's been on the cards for a time, Marex Financial arranging funding,Marex MM leading the market down at every opportunity.

Not worried about share dilution which could be soon after the AGM?

Surprise-Surprise Marex 0.055 offered.

Funded the drill for our share of the drill

It's not corrupt the "Investors" are there to make money they have funded the drill.