Member Info for Moneyman64

Yes-Plathunter very strange- started to talk down shareprice once it got towards double figures -started spreading unfounded negativity around the company-believed he made the mistake of selling circa 6p and was desperate to talk the shareprice down ti buy back in-seems Bushytailed is trying to pursue similar agenda-lots hope he is as successful as Plathunter ie making the shareprice double again!

As I said yesterday Busby is just cherry-picking to try to talk down the shareprice totally ignoring the nearterm new sources of income coming online and the projected increase in the PGM basket price-in his own words-what a dullard !

3p daft? Maybe maybe not.
All you need is a short term lockdown leading to supply delays to make this a reality.
Just look at what happened to shareprices March/April 2020.

Unfortunately Contrarian 123 I agree.The company has a super asset but with the current Covid crisis and a projected project build time of 2 years I do not see any short term upward momentum for the shareprice.The uncertainties are
1-will the mine be built on time and within budget.
2-short term fluctuations in the nickel price.
3-Covid.
If the shareprice gets to 3 p I will consider rebuying.having sold the vast majority of my holding circa 7p-many here believed this would not fall to 6p but with current Covid uncertainty and no income for at least 2 years 3p does not seem unrealistic.

Very good RNS -the futures bright the futures JLP-let’s hope Omicron blows itself out shortly

Thinking of e-mailing Glencore to ensure they actually know they have the casting vote in the Zanaga project and perhaps they should consider selling it to put the money to use elsewhere

Not even tumbleweed moves here.
No progress here for years -either sell or develop -just stop sitting on this huge asset and doing nothing

How to you define wealthy investor-total investments of five figures,six figures or seven.?
HSBC have now increased the requirements for their “Jade” account from investments of £500,000 to £1,000,000

Wonder who would accept an offer of £2.50 to £3 per share now and invest some of the proceeds in another growing PGM/earth metals such as Jubilee metals?
Also would spread some risk as not all operations in South Africa

Glencore are metal traders-surely they would be open to reasonable offers.
It is paramount to negligence just to sit on an asset giving the Government granting the licence in respect of the asset an excuse to take it away.It is not in the interest of Glencore’s shareholders to do nothing -a e-mail to Glencore’s shareholders relationship management perhaps?

Short term selling should not be allowed in respect of AIM shares.
Developing companies have enough to contend with without speculators deliberately trying to manipulate a shareprice downwards to make short term gains on the basis of hot air

Once again RY and co seem to be making little or no progress despite nickel upto circa $20,000.
Surely someone must be interested in making an offer for this “World Class Asset”.RY and co seem very happy just drawing their salaries at the shareholders expense,telling the shareholders nothing,missing deadline after deadline and achieving very little.
Come on Mr Norlisk make us an offer to end this “Groundhog day” tribute act

Unfortunately in the World of the AIM despite however good the asset new shares are almost always issued at discount.
This has a raise at 5p written all over it

Glencore seem to have very little interest in going ahead with this project although it could yield them billions in revenue and profits.
Glencore need to make a decision-sell or develop.
By sitting on this project they are not acting in the best interests of their shareholders as a company should

Hope there is some genuine news before the Investor Presentation and it is not just another PR exercise while the company treads water awaiting further developments

The current cash held is $73 million but this will material understand to true current asset position of the company because it ignores for one the trade debtors and receivables at 31st March.
At the 30th September 2020 this figure was $112 million and must be significantly higher at 31st March 2021 due to the much higher PGM prices at 31st March.Estimating the profit figure based on cash held at 31st March is meaningless as
1-It takes no account of capital expenditure.
2-It ignore trade debtors at 31st March and the net current asset position as at 31st March-you have to also take account of stock (amounts produced but not sold) and short term liabilities such as trade creditors,taxation and short term loans.

Most AIM shares sink because the are in companies that are not making a profit,have no income and keep issuing shares to keep the lights on I.e pay their directors and employees wages.
JLP is the complete opposite to this -income,profitable and growing at a fast rate -it’s a success story which has only just begun

Looking at the rhodium price we could be in for a mega interim/special dividend when the results for the 6 months ending 31st March 2021 are announced.
There has also been a rise in chrome prices and the price of the other PGMs in our basket to consider.

So glad to see no increase in capital gains tax rates just as this and other shares in the PGM and chrome sector are about to take off.

Shareprice will double on TEO !-wow touching the heights of 3p -only 92.5% down on the high of 40p a few years ago-Robin must be congratulated-not