Member Info for natemc

Lots of buys still - think there’s more to come here for those in the know…

Nice little rise for us here but I fear short lived - expecting placing shares to continue being let go as clearly sellers in market - how low will they drag it before letting it rise a little again is really the question. A lot of placing shares to churn through so prob a few of these little rises and drifts back before it actually goes anywhere.

This could have been a great announcement - but letters of intent mean sod all unfortunately. If it was a formal acquisition that they’d signed then I would be excited - I’ve seen far too many red herrings over the years that have ended terribly - the vast majority were based on worthless letter of intent…

Looks like it! Back down we go on Monday…

Laughable really that he’s included all of the acquisition costs and “staff costs” (which is really just the BOD grossly excessive salary costs given the state of the PLC) as supposed investment into the project.

Also hilarious that he then compares it to the MCAP of the co @ 900k, which we all know is a total red herring with the hundreds of millions of due to be admitted shares. It’s as if he hasn’t treated shareholders with enough contempt - got to try insult our intelligence now and rub more salt in the wounds.

The only thing impressive here, is the ability to completely destroy a PLC (supposedly without even trying) - raising equity at 25p and then driving the SP to 1p in such short order, whilst still retaining your position. Bravo! 👏🏼

Another 10m buy - keep 'em coming

15-Nov-24 13:13:31 0.31 10,000,000 Unknown* 0.30 0.31 31.00k

Been a number of chunky buys sneaking through over the last few weeks

15-Nov-24 09:25:51 0.30 18,000,000 Buy* 0.29 0.30 54.00k O

15-Nov-24 09:24:40 0.30 18,000,000 Buy* 0.29 0.30 54.00k O

15-Nov-24 12:10:37 0.30 6,183,349 Buy* 0.29 0.30 18.55k O

15-Nov-24 12:09:37 0.299 6,250,000 Buy* 0.29 0.30 18.69k O

Pre-placing pump - otherwise they would have included actual numbers to support the positive language.

And via existing 2000m bore holes so significantly cheaper to extract and boosts probability of commerciality

And I would agree with you

Except it’s not really 1.6m mcap is it?

Have a look at how many shares are going to need to be issued to cover off the last raise then recalculate…

Excellent interview.

Talk of being in production by 2025.

2-3 million lb’s of U production a year ($81/£63 per lb), and 100k ounces gold production a year ($2465/£1919 per ounce) - just from this project - additional acquisition(s) to be announced in next few weeks - utilising debt funding which is being finalised to cover cost of acquisition(s) and project development.

With the indicated annual revenue above from the current acquisition plus the additional acquisitions to be announced, this is monumentally undervalued and by next week these prices should be history.

Someone has confidence

Tasty

Great - a generic, condescending, and arrogant response. Not sure what else I was expecting to be fair - these forums used to be okay many years ago - now full of youthful idiots. Adios!

Yes, agree the board looks healthy, but it’s a lot of hungry mouths to feed with an £8m mcap. When is this company likely to have any earnings, as I see lots of capital commitments and salaries but with limited headroom re mcap - what’s the roadmap to get there?

Thanks for pointing out the obvious 😂

Got in at 0.54 and made a tidy sum selling out at 1p.

But let’s get real, this is going to take a breather now in the best case scenario, or fall back dramatically until there’s additional news.

Novices get caught out all of the time on a spike - don’t be one of them.

Don’t be a jealous hater - look what’s happening to the SP - don’t say I didn’t warn you.

This is about to collapse - £250k more sells than buys and now up 25% - classic MM’s leaving the next set of bag holders on the spike - if you’re a novice don’t get caught out l!

Poor people getting spiked that are buying now