Member Info for MrTriumph

Earache
I did indeed notice a raft of posts were deleted following our banter, thats all it was in my opinion banter.
Old whatsisname must have lodged a complaint, perhaps they are a little sensitive to an opposite opinion or to the fact that some people do not believe there numbers!!!!
Funny old game.

Mr T

"The Donavon 2 copper-gold project has attracted a number of enquires and the Company is continuing discussions with a range of parties regarding potential joint venture opportunities on this project, however no binding agreements have been reached to date"
More positive news, everyting on track and Bill certainly keeps us fully updated.

Mr T

Hi dawski,
Yes I too have looked through the EU site on multiple occasions but all we get is "Updated February 2020" which is the latest news on their sites!!
I am at a loss as to why the funds still have not been paid, as far as I can see they are ours? agreed by the EU at the outset? and to be fair payments have been forthcoming. However this delay is unprecedented in my opinion and what I fail to understand is why we have not received them?
Is it Brexit, but then could the EU legitimately withhold funds due under the agreement and terms agreed in the application process? if it were the case who would challenge them? us? the UK Government?
Is it Gas, which is not flavour of the month at the minute although anyone with half a brain cell knows very well that Gas will be used for many many years to come. Forget all of the green claptrap trotted out by the UK governments in respect of targets, they never meet any and nor will they if they set impossible ones to placate the Eco idiots!!
I cant see how these funds cannot be paid to us, but why the big delay? we are talking a piddly £1.6M here not 100M!!!
Come on JW I think an update on this is overdue, I know half of the pot is to be paid to Costain, but the other half wouldn't go amiss to bolster the coffers.
Two months into 2020 and no movement on the sp, and no solid good news to speak about!!

Mr T

4 days and counting??

This is going to the wire and I wouldn't be at all surprised to see it go past!

Mr T

mpd
next news I suggest will be in respect of this,
https://www.lse.co.uk/rns/UFO/alien-confirms-confidence-in-silver-resource-ex2jfc1jiqe2bd6.html
Bill has recently visited the site and we are awaiting final confirmations etc. He returned from Mexico and immediately flew out to Aus.
Yes I agree if all falls into place then 1p sp will not be difficult here. Excellent risk v reward play.

Mr T

mpd,

No ramping required here thank you, let's keep it nice and steady and await the news that is coming?
Strange small trades again today?

Mr T

Correct, although 1.352M shares in issue I think you will find many are held tightly here by LT investors and backers.

Mr T

Still a long off 52 week high though!! .047p.
Good news and this could do over 1p imo

Mr T

Jeez out for lunch and come back to this!!!

Excellent news on the horizon me thinks?

Mr T

Some very odd trades this morning!!!
Some might say these trades are signals between mm's I'm not an expert on this so won't comment. Volume is also non existant. Volume here with plenty of buy's and in my opinion this will fly.

Mr T

Earache
The market is fully informed of the 0.14p shares to be issued on completion of the deal. The important factor is that we are acquiring a potentially value enhancing asset once we start work proving it up, and on thd face of it could have stolen it at the price based on an all share acquisition.
As you rightly say building a very strong portfolio of copper and gold assets with potential JV 's on the horizon. I also get your point re backers in here quite impressive.
Need some volume and spread to tighten to get this moving.
Mr T

Earache,
Agreed and I certainly agree there is plenty of good news on the horizon here. As for a placing I'm not concerned if there were to be one as I believe it will be circa the current sp, hopefully we may be higher when it does occur and any dilution will be minimised. Of course a JV may be first!!

Mr T

Scored
I agree we all want Infa to succeed and imo it will but it is going to take time. However if H & W get up and running anywhere near capacity and IM get the ML and FID sorted then this could easily be over 2p let alone 1p!!
I do not think there will be anymore dilution for the foreseeable by the way. H & W fully funded and I'm awaiting the EU funds and then onto the end game where we should receive funds.
Good luck
Mr T

Scored,
I'm interested in your statement,

"our outgoings are large and little coming in"

Could you supply some numbers to back up your statement please, a little profit and loss account statement would suffice. Look forward to your response!!

Mr T

Results due Q1 at which point I'm certain we will know whether a JV partner is on board or not. Drilling to then commence to uncover the jewels!!!. This is when the sp will start to really motor in anticipation. If no JV then it will be placing no worry on that score though as I belive it will not be at a huge discount.
Happy days here.
Mr T

Donavan 2 project update confirming further work ongoing and still in talks with JV partners.
Should be some news on the Australian acquisition shortly as Bill was over there last week. All building nicely here.
Mr T

Blair
Infa have not applied for anything?
They have merely stated they are extending the consultation period!
Simple and to the point unless you are creating misunderstandings which is what you are attempting to do here imo.
Just read the simple statements issued and quit trying to rewrite them is my advice.
Mr T

Infa have requested an extension for the public consultation period and not an extension or delay for the ML to be issued. The process is continuing whilst the public consultation is extended. It is clear to me so why are some attempting to muddy the waters!
Answers on a postcard.
Mr T

Tango,
If people have sold out under the misconception that H & W are not doing very well, I say good riddance as they clearly do not understand business. As Droderick states we have held H & W for barely 44 day's so for anyone with one bit of common sense to think that H & W would be at 100% capacity and rolling in the contracts in that short space of time have no understanding of how a business operates. It takes time for negotiations to develop on contracts and much negotiation, costs have to be produced, budgets, cash flow forecasts etc etc, this is what the experienced management team employed are on with. Of course H & W is treading water at the moment as you would expect, 44 days is nowhere near long enough to get it up to speed!!
Let me say this if we are in the same position around summer 2020 then I will be jumping up and down, however for the moment calmness is required and patience. I am certainly not selling at these current levels as I think it would be madness to do so, you need to hold for at least a further 12 months in my opinion and then let us see where we are. I understand many on here at in deep loss territory, I am also although my highest buy price was in the 0.70's lucky I guess, but I'm sitting on a big paper loss, that's all it is at the moment, a paper loss! It can change in a flash?
Mr T

Tango
I'm sorry but that information does not have to be rn's at this time., yes it would be nice if it were but if every company were required to rns every contract they were acquiring we would be in the position of rns being released every day.
Mr T