Member Info for myfirstmillion

For anyone not really up to date with Ai it will and is changing the world not in the distant future but right now. Most office based work across the world will be done by Ai within 5 years and most manual labour within 10. The block chains that cryptos are validated on will likely be the method that all future digital transactions are done on. I don't know what this is worth to Tou but I think it's a bold move. Perhaps necessity was the mother of invention. Even if it just pays the bills it's worthwhile but the headlines it will grab could be worth the price of admission alone.

For anyone not really up to date with Ai

Sorry about previous post, posting from my mobile onto here is almost impossible every couple of words typed an ad or popup closes the keyboard so I end up hitting either 'post message' or a hyperlink. Sites a joke. Anyway just wanted to say that as a very long term holder I'm actually more positive than I have been for a long while, yes the waiting is frustrating but that's why I don't watch the price every day or read this bb every day. I'm fairly certain we'll get the full licence in H1 and will be mining in 2025 just my intuition. The major stumbling block is this Environmental permit I think once that's in the licence acceptance will follow very quickly and then we can crack on. The mining operation itself doesn't seem overly complicated and they're working behind the scenes to be as prepared as possible. So yeah I'm quietly confident that things will soon turn around.

I've been here many years myself and I act

Winni it looks like you might have lost your isa status for your TOU shares for good (well until you get the next financial years £20K isa allowance), hopefully not but I think that will most likely be the case. I did mention on here several times that ii seemed to be ok as they already covered the ASX exchange which can also be held within an isa so the swap was straightforward. I get that tlou can't give financial advice but they could have organised this so it didn't happen over a Christmas/New year period and they could have given investors a bit longer to get things sorted out or make enquiries. I don't agree with closing the London listing in the first place, London is a far more important financial hub than anywhere in oz. I see barely any trades happening for TOU on the ASX and the price barely moves so God knows what's gonna happen when it comes to a time when I want to sell up, the liquidity just doesn't seem to be there. I think it might be very difficult to offload a large holding but time will tell... it's also a bit of a kick in the teeth for long suffering uk investors, kind of 'thanks for all your money now we're off' hopefully not a petulant act but rather a case of saving money.

Finally what the hell is going on? It seems like we're working in quicksand or maybe TOU have their own variant slowsand, when they give their percentage completion figures for the connection and power stations I'm reminded of the Microsoft updates countdown timer that slows down exponentially the closer you get to 100 and then when you reach 100 it stays on screen for another minute! Please for God's sake just get this bl00dy connection up and running! I don't want to see 'summer 2025' become summer 2026 as summer 2024 became summer 2025. How can you be out by a whole fricking calender year and still be taken seriously after also missing EVERY other single deadline they've ever set?! Rant over I'll go back to sleep like the oz exchange zZZzzZZzz

To me at least any short term targets are pretty irrelevant if we get farmout news. They could easily spike it up and back down a couple hundred percent BUT it's the farmout that's key. Say they agree to a farmout with first drill around January 2026, I see the price appreciating for the whole year as we get closer to that drill date and the possibility (no matter the COS) of hitting the black stuff which would then derisk the whole 7-11 billion barrels. That is worth sticking around for imo.

Does today's announcement look like a bit of housekeeping before the big announcement? I've seen this kind of announcement in the past with other companies. They like to get these sorts of things cleared up to the satisfaction of each sides legal departments before any formal announcement of a deal is made. This isn't ramping and I've heard nothing. This is just my interpretation of how it appears to me. Also BL's comment confirms that the farmout process has now been renewed.

A gambler makes rash or reckless bets hoping to get lucky. CB hasn't done that. I think he's made a pile of cash in the past and obviously gets paid for his directorships so he has time on his side in that regard as he's already 'comfortable'. I think he's therefore sat on these assets to some degree waiting for favourable market conditions to prevail for minerals and the mining sector in general.

I have a similar situation at JAN where management are essentially sitting on their hands because they have already made fortunes so are in no hurry to progress things until optimum conditions are met. Being involved with these companies has taught me how important it is not only that directors hold shares in their companies but that they are aligned in having a goal of increasing shareholder value in the near term and not just when they judge conditions to be optimal. The average Joe investor doesn't have 10 years to wait for a decent return on their money.

Hopefully we're now entering or about to enter the phase where we start to get some payback, it's been a long wait!

Just want to chip in, the post you made the other day Irish about the number of moving parts (and therefore people) involved in getting a mine up and running made complete sense to me. The idea that no one other than BZT employees would have a clue that things are gearing up or getting ready for lift off seems inconceivable to me. That doesn't mean CB can rns anything yet mind because we're obviously still waiting for this Environmental approval and one thing mining companies don't want to do is upset government departments responsible for giving them permission to mine!

Shore Capital are not one of the companies listed as major shareholders on the companies website so I think this is a new position. Not sure why there are two rns's though

Winni can you explain the issue, my shares are showing as listed on the ASX and appear tradeable, as of right now I can only sell but I'm assuming that's because the Aussie market is currently closed. Is this not the situation with IG? If not then I rather think this is a broker issue, I made my preference known to ii a couple of months back and then done nothing and paid no fees. They have moved my shares over and they still remain within my ISA. If this is not the case with IG then I would suggest that is a broker issue.

You can purchase more through ii they're trading under the new ticker now of 'TOU' ii allow you to hold ASX (Australian Securities Market) shares in a UK ISA.

If directors bought shares that had warrants attached that weren't readily available to the public and then they get a deal signed how would that look? I know for a fact half a dozen posters that would be up in arms and crying about BL only lining his own pockets.

No you're not

Could always be worse synic, this guy offered 10,000 bitcoin back in 2010 to anyone that would buy him pizza. Someone took him up on it and actually bought him 2 pizzas for the 10,000 bitcoin. Today that bitcoin is worth 900 million dollars.

https://www.instagram.com/share/reel/BALOoEuJJ8

Massive Ray all you're doing by pointing out how much money you've made elsewhere and continually gloating like a child about others losing money is showing everyone that you're actually a massive c0ck, I'm sure lse will understand you requesting the name change.

A lot of people have been too quick to put the boot in but that's hardly surprising given the history of constant negative posting over the years by some. If we get a farmout away I will get as much satisfaction from shutting all those idiots up as I will from looking at my account balance.

what's really sad is that you're still posting here. when i sell out of a share i've forgotten about it by the next day! to be posting incessant negative ****e six months later says a whole lot about your character.

Got the same email 'once more' basically nothing to do, ii will take of everything. Pleased with that, not so much the progress of the company this year though which just seems to grind away at a snails pace year after year. I remember when they said about 18 months ago "first power mid 2024", now it's first power mid 2025. With this company you can miss another target (after all the previous missed targets) by a whole year and still send out an rns that makes it look like a great success. The bar for AIM company directors seems so low it's laughable. Will 2025 bring us first power? You would think so but as we've seen many times before nothing is certain with TLOU and Africa, I'll believe it when I see it!

Often if a share is marked up or down right at the close it will be be marked the opposite way upon open which will be marked as an uncrossing trade. Basically how they establish an accurate opening and closing price when there are lots of small orders and ensure a fair market. Google uncrossing trade if you want a more detailed explanation.