Member Info for myfirstmillion

Blue touch paper about to be lit!

"I challenge anyone to listen to that interview and not get excited!!!"

I got excited. I'm still excited lol.

lor, I have been critical of LR but yesterday my post was intended to bait LR to try and draw him on the value event and it looks like it worked ;) sounded very positive to me. Now I'll go back to sleep and dream of a much higher shareprice.

I'm reading 2.17% up here and 2.2% up on advfn

There's a clear strategy here to dilute as little as possible and I persoanlly find that very refreshing when so many other companies come back to the market time after time.

This strategy ensures that by the time we're in production and have a realistic valuation our shares will be far far higher than the current price and also means any future dividends will be that much juicer.

Shed LR is the CEO of course the buck stops with him. That's the way of the world. I did mention that the phrase was attributed to MC buy ultimately it must have been sanctioned by the CEO.

Wrt the selling of EUZ to institutions or potential jv partners, if it is not the management selling the project That's to blame then you're left with the project just not being good enough or not a lucrative enough return for the risk involved.

I dont know which it is but I've seen and heard LR enough times to know his style. It's not a style that would get investors excited, geologists maybe but not investors and LR has often told us how good or robust the project is so I tend to think it is a question of either the presentational style or LR's very cautious nature that is not firing up either pi's or institutions. Nothing from EMEA and days with barely any trades or volume to speak of.

Ok thx dcat, so yeah somewhat of a case of lost in translation or just my lack of understanding lol. Whichever way I look at it this looks good though.

When we need such a (relatively) small amount of capex for the basic DSO operation I really don't see the need to JV, especially with just a 3 month payback period. Once that is out the way we can surely begin self funding the path to fully exploit the titanium as pigment ourselves or in partnership with Fodere? Or am I missing something? Maybe it's just a case of lost in translation.

Nice interview, in some ways it resonated more than the more technical ones with me. We're about to enter a very exciting time here, Bryan knows it and all the long term holders here know it too. Just need a few more pieces of the puzzle slotted into place and then BOOM the market will get the full glorious 4K HDR picture.

No one taking the bait from the EMEA... you have to surely lie the blame for that with the directors and their ability or lack of to sell the story of Toral in a way that gets people excited.

I said years ago LR is a technical man and he loves the technical side of mining. That's great in moving all the technical aspects along but as we've seen over the years it does bugger all for the shareprice and doesn't inspire anyone.

As an AIM mining director you need to wear many hats. Yes you need the interest and ability to understand and pursue the technical goals but you also need to manage the newsflow, manage expectations, keep investors interested and excited in order to manage the shareprice and be able to sell the story to bigger investors.

I don't doubt LR's technical nouse but in other areas he definitely is lacking. This 'value event' was another mistake, made by MC apparently but allowed to go into the rns by LR. Now all we hear every day, quite naturally is 'where is the value event'.

If it doesn't turn up and we have to raise cash in the markets again at any price let alone at the current price investor confidence will be destroyed for good. I sincerely hope that scenario doesn't materialise.

I don’t feel the need to comment when there isn't really anything worth commenting about. Like bebeto this is and always was a long term hold for me. I have faith in the management to keep delivering. When the next news release comes out I'm sure there will be plenty of chatter to keep you amused. Latest drill results should be very soon...

Not quite sure why we dropped below 7.5p previously, there's no technical reason that I can see, perhaps it was to entice a few sellers or to fill an order. Whatever the reason we look to be heading back up now. Clear of our previous support level and a good solid day today. Most indicators looking positive too.
https://www.tradingview.com/x/1XyWu7Qg

I'm liking the look of the chart. Possible we could be revisiting .5 over the coming weeks.

By 'value event' did they mean we'll be able to buy much cheaper.

34.5p or 60p doesn't really matter when we're at 11p. Need funding news.

Oh well maybe you should go and explain your theory to all the thousands of real scientists that have empirical data that shows that the pace of warming has gone up exponentially since the industrial revolution. Far in excess (in terms of time) than anything that has ever been witnessed before. I'm sure they'd appreciate your input into the debate.

Well it seems to me common sense that if an investor comes along that has done some due diligence on UOG but then starts to read the bb and sees daily posts about a constant seller from you and a few others that that might well make them think twice about investing at that point in time. I'm not saying it would put them off for good but they may want to sit on the sidelines until the perceived selling is over. This seems complete common sense to me. Why would you want to invest if the price is going nowhere and you could possibly even get a cheaper price? I don't imagine I'll convince you of anything because you're not of that nature but as I say hearing about a constant seller on a daily basis would make me think twice and I'm sure others might come to the same conclusion. If we had more buyers it is self evident that any seller or sellers must get cleared quicker.

No frustration Levi I just wondered if you'd considered that viewpoint. Rubbishing your own stock by telling everyone daily that it'll never go up because there's a constant seller would appear a bit of an own goal to me but if you think it might help by all means continue :)

Do you think constantly posting about it might have the unwanted effect of putting buyers off Levi? Buyers that might help clear the seller(s) more quickly.

Brad if you think it's a few people on these bb's selling that has sent the price South you're wrong. The people that post on these bb's are probably more loyal if anything because they show a day to day interest in the company (with the possible exception of Moagi / Donkey) who thinks it's a sensible idea to rubbish the company at any and every opportunity). No the reason we're down here is because of the lack of progress. Many shareholders will have just got fed up of waiting and hearing the same perilously close message put out by the company for so long wrt both the funding and the full 10MW PPA. That is why the price is languishing! As soon as we get either of those or something else that really looks like a strong positive move to near term revenue rather than theoretical studies then you'll see the price respond. So don't blame shareholders blame the company or the Botswanan government or both!