Member Info for NelsontheDog

Off you pop then

Well, Ive added again today following EJT comments below - I still wont become a millionaire or even pay off the mortgage here but if every pound in has the potential to 50x (or more....or less) then i just felt that I would extend my exposure.

Never normally post this sor if irrelevance but its a good board at present and I felt the need to share - very excited for this one - potentially a Rodney share that will deliver!

GLA

NtD

Not sure what to make of it but certainly closes a gap in my view of things.

My initial thought is that if a settlement was close, very close, you delay / put off this agreement as its going in the bin as we settle and dont need this agreement and that implies that

1. We are indeed close and its Mark slowing / holding up DD and now raising this element to avoid signing, or,

2. It is going very slowly, a chance at a quick agreement is waning and we will need the litigation fund (or the evidence we have it to drive through a settlement).

My gut feeling is Mark is trying to walk along the fence to get to the promised land - using litigation threat to drive quick agreement whilst also not signing up to the litigation agreement - very tricky and I wish him luck.

I cant allow myself to indulge thinking there will be an agreement sooner, but lets hope for these two days prior to the court hearing update.

GLA

NtD

Emojis have been a great addition to these boards. Always easy to see a ramp now as this seems to be the home of emoji's - lol.

AtB

NtD

Personally I think the lack of JV mention is telling - in the last few operations updates we have mentioned it. But this time no mention.

I see this as extremely positive - one theory is the JV partner has been dangling the JV and a ever so skinny cash injection and lower terms as he could see the financial cliff that COPL has been up against.

For me, the bullish back to past production peak in circa 4-8 weeks and no mention of the JV - is a clear "Get real or Flock Off" message to the JV. Far from destroying our chances I think we will have acceptable terms offered and an agreement within 2 weeks . ie we can now survive without JV so you had better put up or move aside to avoid being trampled by the other potential partners heading this way. Given they approached us, the bargain buy is gone, now still do a good deal and move this forward - corporates dont like to fail - it looks bad for the execs involved. At Exxon (he he) no added Kudos for a bargain for the team, but equally if fair price paid - good work.

All imho but I am happy to wait a little longer

Hi HD,

Hopefully the message from the reporting period will also be the future facing potential - when working (not sure normal rules apply at the moment) the market is forward facing.

Eg bank the performance, note the expanded production capability, note the expansion of copper production runrate, the impact on future free cashflow, the chrome ramp up timings and see the forward p/e is bullish.

I am not expecting an explosion in the share price, but after a wobbly period I am hoping we reset a growth message, a free cashflow message and with that alone and the expansion hopefully we will see ourselves somewhere in the double digit sp range.

I'm not planning any selling here till 20p plus so reassurance not riches the goal for the remainder of 2023.

GLA

NtD

And in that least palatable scenario, Magoo, we still have Cascades whose NAV more than covers our lowly MCAP - with a free ride on the development of this.

GLA

NtD

Thanks BB regulars, the price may not be turning, but today for the first time in many months, I can feel an element of excitement rising in the BB - just need to now see this transfer to a SP rise.

Whether you are an ART fan or not, we desperately need a change of talk track here - these production figures should provide just that, and as with other LTH on this board, I would be really keen, strap in folks keen, falling off chair keen, for a forward facing interview around the increases in production and where we could end up in short and mid term.

ART has a chance to flag us back into a positive rising share - lets hope he takes it.

Hi BB,

Share your frustyrations and also your outlook - still enough potential value here to keep me involved. And I also agree with Ragnarr - Satoshi to keep pushing out linkages and code for FX and we will see where that takes us as the next phase of adoption /bullrun hits - likely from the halving next year.

Dull but with potential

AtB

NtD

It would be good to get some feedback on Mark body language/demeanour today - i agree not expecting any news from GM but partnership / LCM news due.

I would expect Mark to be uber busy even without the GM so i suspect main takeaway will be he looks dog tired!

First time I have seen sloppy comms in relation to ZPHR and I hope the last;

6th June 3/4 of way through 8900 feet of tubing - in later CH video over 9000 feet of tubing

And now the Auctis note change on progress.

Beginning to think that it might have been the details in the 6/6 RNS that were incorrect.

Anyhow, it doesnt materially change the important stuff due here and hopefully this will be the last inconsistency.

BB

You may well end up being right, but as of now, this isnt in the 1's so you are effectively asking us to compliment you on calling something right that hasnt happenned.

So, 10/10 for effort, 0/10 for result and 0/10 for needy ego fuelled post.

AtB

NtD

We have dropped 28% without a valid reason. When similar rises are seen without an obvious cause there are statements from the company - I believe we must be due one here, or, there is news coming soon and we will not like it.

Either way this makes a farce of market rules - I didnt think I had anymore room for disappointment with this share, but what do you know, I did!

Production very positive - would be great to have some narrative on how much of this expanded production is from high pressure and for how long - assumption without that is the current daily rate will already be operating much higher (as if switched on increase on 21st of month, the June figures only get a third of the increase in the average).

So safely looking at a material increase here which would be great news and if it can even our keel, allow a more rational management, financing and BB tone to come to the fore.

GLA

NtD

Hi

With the legal funding due dilligence to close end of June, and then if positive an offer of support deal share, this is a critical few days I think. If we get a local deal, we need to lock it in before we brush off the funding - otherwise we will be into the grinder (albeit with a very strong set of protective pants to wear for the process).

So if we are to get a faster and more lucrative local deal we need to be hearing about it in the next 5 working days I think.

I am surprised we are still so far under the radar - if we get the local deal this could move very very quickly.

I am hunkered down and enjoying the boards relative revival. We are a long way from the John Lewis (brilliant) daily summary days and I am glad he's still knocking about in this share. In summary this is still very speculative but i think we are in the squeeky bum time phase of this till the end of June. Only surprised this isnt getting more exposure from the gamblers given this is just about the highest stake game on AIM at present. Go on Mark!

NtD

Too much introduction of FUD - BUTTermILK

Yes we produce copper and there has been RNS commentary to lead us to believe we are on track - versus your blatant misrepresentations on copper.

I like discourse and varying opinions also but difficult if the other person introduces wildcard non-substantiated claims.

We will have the Northern strategy arrive, we will hit copper and just for you and your style, we will be expanding to Copper recovery in Chile

AtB

NtD

Big splurge of opinions overnight . Whatever - LTH's can see the growth curve and the cash to continue. Not perfect but a business of great value is being built here and fluctuations are just noise.

If JLP is the Turd in your life, you are living in a lovely lovely world.

I have the luxury of a very low investment average but i think there is a lot of short termism in the new posts.

GLA

NtD

My goodness, Lawrence, I hope so. I havent a massive stake here, but any deal is likley to add multi-levels of value from here and would be very life changing even with a relatively small stake.

Exciting times here

Ultimately we will find out the timing at the point of receipt of news so patience till then.

The only reason I think it may be quicker is that in the RNS of the 6th of June they had already inspected and if needed replaced 6500feet of the 8900 feet of tubing. 2 weeks later - hence my optimism that this woek could be more advanced in this month.

Thanks Ezhik,

The cynics will say we've been here before (and we have with both Share price and situation) but I am very much excited about this 36-2 test. I may have been premature in my news excitement yesterday, but i feel we have turned with that tweet and a positive stance is going to push the share. Positive news can be given in a tweet that production test has began - could even be this week, followed by an initial flow rate update soon after that.

Hoping SP can return to the fours this week in anticipation - who knows the impact of the 36-2 test - I think its going to be monster sized but unfortunately have to wait to find out.

GLA

NtD