Member Info for MenoMosso

Happy new year everyone. Im still fully invested here in case anyone was wondering :) Ive got bored of the day to days of the SP so just sitting tight and keeping quiet. Engaging with punters on AIM this last year has been a little bit like walking into my local Ladbrokes on a Friday night (which is situated next to a pub). I am sincerely hoping that intelligent/fundumentals-based (and not sentiment/panic-based) investing can return to AIM this year, its been like crypto....a race to the bottom led by thick children on sugar-highs......

So if we compare the predictions below it varies from 8x current value to 38x current value, and personally I’d say the lower (40 million) valuation is overly pessimistic...... not many shares undervalued like this on AIM at the moment :)

LR really does need to work on SH communication though. A few months ago I was needing to move money around urgently, and needed to check the EUZ latest financials, they had gone missing from their website. I emailed to let them know and to ask for a copy. They never responded, as a result I sold 30 million shares to invest elsewhere. Turned out to be a good move for me as I bought them back cheaper a few weeks later and reduced my average. Still holding out for the SP to start reflecting the asset though.

Looks to be setting in for a step up, usually happens when MM’s are under buying pressure and need to raise the bid..... i certainly dont see much in the way of selling pressure.

We really shouldn’t be languishing down here, MM’s need to let this one go now, it’s time to move onwards and upwards IMO.

Well, at least that means no viral rampers on here ... or derampers for that matter :) let the SP do it’s thing.....

Been away today. To those new to nano-cap AIM, there IS no wall between brokers and nomads, get used to it, and , yes, MM’s are involved too. So forget your ideas about the ‘rules’. But, even they dont want to destroy companies, its simply not in anyone’s interest. Just do your research and be patient, the adage ‘Buy low and sell high’ Still applies on AIM, and right now it’s lower than Donald Trumps pants backstage at a beauty contest in Moscow........

Just been dipped in nothing to enable us to get some more cheap shares :)

now, why aren't I surprised by the share movement today.........

miln.... sorry mate, you've come too late to the Imagine party, we have moved on to the Visualising party......youve got to be quick around here....

Im personally not surprised at the speed of the drilling program. They diluted us to raise cash specifically FOR drilling, and as Gizzard says, it was planned. From my perspective the sooner they get on with it the better. additional motivation might include: a prospective buyer has asked for more meat on the bone, or further firming up METS results, but with both these scenarios there are price-sensitive reasons to not give too much info to the market.

...indeed, and very good feng shui !

Newbie, Its quite obvious from the RNS they are drilling for diamonds !

Put into perspective, that drop of over 9% happened over 6 quite modest trades, one of which was a buy. I’d hardly call that a momentous sea change.... just MM’s playing with the best place to pick up two-way trades (find liquidity).

Agreed Gizzard, I feel the same. Im going to put my neck out here and predict the end of this week will be proper blue, we have a tested resistance level several times. We have had our asset derisked, we are applying for a mining licence, we are further proving up the asset, and we are expecting not just the Mets (which are rumoured to be game changing), but also news of a prospective buyer. That in itself is reason to invest, but to put the Feng amongst the Shui..... Our SP is so low even Donald J Trump couldn't stoop to it.

isnt one of the main differences between AIM and the FTSE the level of financial accountability and detail provided to the market ? ....... BMN has recently employed a new finance director with vastly more experience......I wonder why........

Sorry shed......but feng shui always wins in the end :)

I’ve got a good feeling about this, for the first time in years the feng shui seems to be finally lining up here. Lots of anecdotal signs of buyers and positive share movement, wonder what it’s going to take to tip it ......

their salaries should be adjusted to reflect the share price, which, after all is the best reflection of the work they have done so far. Now, where’s that calculator...........

please.....dont encourage her......The last thing we need on this board is a nut job distracting us from the facts.