Member Info for Mozax

it seems greg was approached by the 5% aussie investor who was given a tasty discount of 4.25p for circa £500k, this made sense to strengthen the balance sheet etc.

however, it ****ed off other investors who also wanted more at 4.25p so we’ve raised more, probably unnecessarily as the jv is imminent, but a good cash runway is helpful.

securing further land & licenses is only going to increase the potential, and getting the project moving can only be achieved with cash so it’s all good in my book.

jv mou was extended to 31st december for lb group so a lot going on atm.

Yup, £19.3K buy printed after close, standard MM manipulation.

I came across this stock via Robbie Burns’s site, he’s a pretty good stock picker imo, and he picked up a chunk at 127p ( plus whatever personally)

Having researched, this looks very interesting and I’ve tucked some away in the wife’s ISA.

Let’s see what the next 12 months brings, probably a buyout!

I’m my view £45K in a 1p micro-stock is a reasonable amount, especially when you’ve woken up without planning to plop it in.

Personally, I’ve plenty more in other Companies, but each to their own.

I do think very good returns will be made here from these levels, but I like big capital to earn dividends too, and investors have been very patient here for a number of years.

Well, at least you got a thread attributed to your moniker so that’s something.

And perhaps a goodly whack of profit from buying such volume at these levels.

@paulFG - thanks for your candidness, it’s helpful to know how other posters sit, I’ve read in your posts much more reservation, and understood the cautionary tone.

I suspect too this is why this is gradually moving up, the big jump will come when the hefty investment actually comes in.

My view is to trade out of my initial investment at some point but hold a million ‘free run’ for the long term, there all in the ISA which is the only way forward in our aggressive tax regime.

Well, by the same token it puts the Stock back on the Map, and that’s never a bad thing.

The slight problem here is that due to our posters honesty, the likelihood of profit taking on this rise is high, and then wait, & re-buy following the sell off.

What I mean is, it’s not as if we’ve had a 45% rise following an RNS, it’s just old moneybags woke up this morning and decided to buy a shed load of stock.

Congratulations on that btw, great confidence.

They’ve printed your buy, and Hour late but now shown at 10:35.

Driven

Well, yes, you’ve drive the price up on your own, it’s that illiquid.

Yes, no doubt it’s been very tough for the LTH’s, most will have bailed so we’ll done to you PaulFG, might I ask your average, did you average down at 1p or presumably, you thought it a write off.

I’ve had a fair few of those although it seems after 4 years Tally May re-list, we’ll see.

I expect we’ll see xel’s £9K Buy appear at some point, then no more left at 5.3p?

Mmm, nice Chunky top up xel.

Likewise Polio, always risk with any stock but the momentum has shifted here, SP decline from 20p to 1p and now a significant turnaround story.

Yes, a few more shares in issue but still a teeny MCap circa £15M sitting on huge assets with a JV partner about to sign a multimillion pound agreement.

I’m absolutely in no rush, very happy to have a big holding and to watch the story unfold.

The icing on the cake will be the announcement of further IML’s and an even larger resource.

Up 21.7% and Bid rising ……news?

Will start to trickle in, this Stock has a long way to travel, big funding JV news next, but in the meantime we have funds to get the mine plan sorted and begin hiring staff, ready for the New Year.

Volume is 2.6M, all buys by the looks of it, did you buy the 828K, great buy at that price.

And you can’t buy anything, interesting.

There are options at 6,8 & 10p that expire on 31st December 2023.

I believe it was me that posted this fact.

Personally, I agree with Earl, I think that Tap has huge potential, and the US launch could be the catalyst to see our user numbers grow exponentially.

Anyway, we’ll find out at some point, I’m in no rush.

Good spot and update, very interesting.

The MOU with LB Group was extended in August to December 31st 2023.

Now the licenses are in place, CMet have working Capital and mine construction planning is underway, expect news of the JV formal announcement within the next 3 weeks.