Member Info for MutleyInferno

I'd be surprised if anyone would commit funds before the PEPR (i think thats what it was called) is granted and I vaguely remember JP in an interview saying Australia pretty much shuts down prior to Australia Day (an odd statement in itself) so there wasn't much point lodging the request until after that.

26th for Australia day so a little more patience required :-(

So I'm not expecting much any time soon but hoping to get motoring sometime this year!

If PW is buying at the current price then I'm happy to show my support as well. Just bought another 1m.

The BoD seem to be getting a bit of stick at the moment. If you don't like what they're doing then all you need to do is sell up and try your luck elsewhere.

I still have every confidence in them that this will come good.

"Be fearful when others are greedy and greedy when others are fearful."

Wise words from someone that knows a lot more than me.

Time for me to greedy I think as it looks like lots of others are fearful!

I hope I'm wrong but I can't see any RNS regarding ownership of Redmore doing much to the share price as that news has effectively been released today!

Unless we get a surprise in the RNS indicating it's worth more or there's a work plan in place to accelerate this years drilling and PFS.

I never really understand when the new shares are pretty much all being allocated to existing large shareholders why they issue them at a discount. Yes it may feel that they're getting a better deal but because of the discount their current shares tend to end up worth much less.

So for example JP had 50M shares yesterday which are now worth 0.125p less each than they were yesterday so he's £62K worse off. Mr Manners will have lost a fair chunk today too.

If they'd issued the new shares at par to the share price at 1.75p it's unlikely they would have lost anything!

Yes they'd have a few less shares but the total value would have been higher.

The only winners for discounted shares are those that don't have many in the first place.

Minor disappointment with the dilution but considering it's so minimal I'm not too fussed.

Took the opportunity to get another 500,000 so I'm still mega confident these boys can deliver.

Only 12 months now until the first options at 5.5p expire so I think we'll be storming towards that figure fairly soon.

I'm an advocate of companies paying a dividend as it attracts a different type of investor but i'd rather we kept any spare cash at the moment and use it to accelerate the growth of our current projects. So for me, keep the cash in the business, bring forward some of the projests by 3-6 months and then pay a small dividend when the Tsunami of Cash arrives and the dividend can be maintained year on year.

Just bought a few more to tuck away. I suspect that will be my last buy at under 2p.

I'm predicting a new 52 week high next week.

Martin - Most of the HC questions were answered in the Financial results.

The EM survey which started in December was delayed due to "Climactic Influences" and completed in the first 1/4 of 2019.

"The Company is planning to complete a strategic assessment of the CARE exploration assets in the first half of 2019 following completion and analysis of the EM survey around Hanns Camp South."

Maybe we should ask JP to mention the words "Ichimoku Cloud Breakout" in his next interview.

Sorry FiXXXeR. I'm only teasing!

Whether a chart predicts a step up or the receipt of $4m does it I'll be happy either way.

Not as strong a hint as spreading the news that we're about to receive $4m to help us buy the remaining 50% of a world class Tin project and that we're rapidly progressing a copper project that will deliver a "Tsunami of Cash".

Your hints are far too subtle :-)

Very pretty but without a written analysis or conclusion for the uninformed it's meaningless!

It's probably DJ again trying to join the 1% club :-)

Well I'm excited!!!!! Surely this will reach a 12 month high over 2p when the cash hits the bank!

I think we'll challenge the 52 week high when the $4m cash hits the bank!

There you go. I knew it wouldn't be long :-)

Maybe it actually means 4 x Code 1 so we're getting 4 x RNS next week.

I'm surprised the share code conspirators haven't turned up to tell us what buying 4 shares means!!!!

From memory that's correct but I think he said "other materials" and not "Other metals"

Well done DJ. Some great posts from you today!

Let's hope your enthusiasm is infectious and brings in a few newbies.

Congratulations on reaching 9M of these beauties.

Time and patience I think.

Sadly AIM seems to be about rainbow chasing and none of our projects provide immediate results.

As soon as an RNS mentions 3-6 months all the Rainbow Chasers take their money elsewhere and will come back when news or increased income is due.

Redmoor scoping study will no doubt create some sort of spike but I suspect it will then drift again until LC provides a concrete revenue stream and Cobre revenue stabilises.