Member Info for Mikey279

Think some of you need patience and don't beleive the narrative,

facts are there's been two positive RNS's with no SP movement - so you need look further than 'is the news bad',

The spikes and drops suggest letting a seller clear, the delayed trades in round numbers suggests one seller (probably IPO), i've seen many times over the past several years where a seller sells out despite good news for the SP to 7-10x in price, they won't know any inside info but they will stick to their plan until they're done - its the way it goes, money is money for them

Facts are there will be risk until results, but the newsflow has been positive so far and without the overhang the SP should be much higher (probably in the mid to high 30s), I'm pretty this tags the £s on commerciality

But again, the seller will stop at some point, if you're having nerves then you're probably overexposed, if not then have a look at the interviews to clam yourself

All IMO

When you see the price action after the seller is done and anticipation of logging, you’ll see the balloon

;)

Have a feeling they were flushed on open, need a bit of volume to confirm

Let’s see

All IMO

"Elevated helium encountered in drilling muds throughout the sedimentary column demonstrates presence of helium within all target horizons. "

Yeah i understood that as no helium too.

Glad school holidays are done soon

Yup you only need to analyse the trades over the past week, chunk sells so it’s being played to clear them out but they won’t have an infinite amount to sell

Expecting a big break out at some point

All IMO

Looks like the seller is being flushed out, helium at all levels and extra hydrogen too

Should be in the high 30s pending logging

Patience

All IMO

Staying strong 2520 and presentation tomorrow, literally printing cash currently

It’s great news but why raise at a near 40% discount when you could’ve waited for 3p and get it away at low 2s.

Now you have confetti and flippers for their 10%

The only reason I can think of is that it was overcooked in the first place

All IMO

Wow if they had any sense they would’ve waited for SP to rise on ewt then raise higher, but no….announce it at the same time at low 1p

Help your mates out?

All IMO

Bounced from Fridays dip at close, should start strongly

All time highs again, printing cash

Indeed, the interview suggested a 700 AISC for the stockpile (lasting up to a year)

With 900-1000 forecast for h2

Should really be around 30-40p right now and I suspect it gets there over the next couple of weeks esp with 2.4-2.5k pog

Any material LOM increase, then we’re laughing

All IMO

Great interview, believe theres an official one next weds

On track for all time highs looking at chart

Just wait until POG increases over the next few years :O

All IMO

Senegal 10 year mine life, 100k a year

Drill results due this month/sept

Resource upgrade/study due

Stockpile AISC could be even as low as 700$, and can process even if limited or no mining for a year, impressive.

Restricted covenants removed when debt clear and returning money to shareholders can happen.

Biggest priority to extend mine life. September results for mining.

Incredible value down here

All IMO

In theory cash could be 1.5-2x mcap even without LOM, economics are one of the best out there

been difficult to buy all morning and NT currently, expecting a big move over the next few weeks

All IMO

If the exploration comes in nicely then this easily trades in the £s at current gold prices

Not much volume in general too, so should move quite quickly

All IMO

200 aisc vs 5k less production is still net increase of around £10m, quite impressive

Sorry yes Misread on aisc 1500 x90k fcf at 2.5 with gold predicted going higher, debt cleared by year end too

Should really be 2/3x higher

All IMO

But the outlook downgraded…to 90k and aisc up to 1k?