Member Info for nesty

I have sold off a fair percentage of my holding today. I decided to put into another existing hold.

I did this because their BOD seemingly delivers (they had good news today), they do what they say they’ll do, in accordance to an out laid business plan.

I personally feel more comfortable with that set up.

I will sell off more over the next coming weeks.

I just can’t put my trust in AV, although I will leave some in here, because of the Tin prices and the assets, I wanted to lighten my exposure,

Judging by the market, it appears they are not.

Or if they are they haven't RNS'd it as the SP would not be at this price.

I can understand why we are at these levels, because the trust has eroded. They keep raising for stuff they raised beforehand, investors think that a done, then they come back to the market for another. People only tolerate so much.

Tin could be $100k, but if ATM are not milling it out in making money, then it could be any mark up and still won't move the SP.

I am quite surprised why wasn't this RNS'd.

This is factual news and a development to the company.

You announce the RNS, then let the market decide, this is why the SP is stagnant, I reckon that news in a RNS, would at least given some sentiment rise.

Sorry this this is a stupid question.

So what you saying if Andrada re valued the assets in their accounts, surely that isn't just based on their opinion and the market just buys that?

Another drop, eyes roll

TBH, I would say that 10p is a minimum on what could be good drill results.

I do think this should be at that by mid summer 2027.

However, we have the drag of the market, that it rarely marks up ATM truly.

AV has a large holding so how would it be possible to get him out?

Could the iii's be enough on their own. I wonder if the new investor who is a mover and shaker, will he be more on AV case about performance.

The impression I get is that AV feels he is not accountable to anyone and he can't be touched by a process.

TBH, I would like a CEO change and get someone in, who knows a thing or 2 about actual business.

As previously mentioned ram that humble pie into me, for 15-20p, I am more than happy to be proved wrong re AV!

The positives I do see however, is that I think that 3.5 to 4.5p could be the benchmark platform. I view this as the trading zone for now with a view that if the right news drops it could see it go higher.

We've had the rounds of dilution, it's funded for now. AV has one last shot to get this correct. If a high Tin prices assists this, I will take that. Also it's pleasing that the likes of SQM and ACOM are driving the other resources, so AV has little to screw up with them.

I am prepared to wait another year here to see what turns out.

What I am saying about AV does interviews, it all compasses into how his execution & decision making is as well. He doesn't instill confidence.

As I have previously said that AV skills, would be as tech adviser to ATM nothing more. It's clear as anything his inefficiency, ihs held ATM back and been at a vast deterement to shareholders. This should been sitting at 10p, with a move to the next step of 20p with a clear plan and timelines, instead we are still guessing, but in the same vein they reward themselves for some overall contribution and success.

It has a lot going for it in terms of assets, what keeps me here, but it is highly frustrating that the outlook could of been so much different and more prosperous.

All IMHO.

I just watched the Q&A.

AV doesn't handle interviews or questions, very well.

[AV just waffles and sounds clueless. The first question at Q&A threw him from which he never really recovered.]

Probably that was RichyF3 , bowling his 2 googly's questions!

Richy, we must start posting money, the issue is now they done away with quarterly reporting, it long stretches until we know anything that related

Good piece RGBUK.

I feel we lost sight of what is our bread and better work, the Tin. The market likes to see income, we just not added what has been expected.

Plainly too much emphasis has been placed on LR and BW, which are years away from adding anything to the SP. It now boils down to the Tin at Uis.

The only upside I see, that is at these levels, it is fairly derisked somewhat, something big could happen down the line and as I am on the cusp of my average, just about in the black, I feel it worth seeing it through as much more risker shares out there.

However, the caveat is you have to wait maybe to 2028/29, to see the massive returns of SP, which was my target.

TBH it was all about the end of the year.

Hopefully the results will be good.

One thing for sure this is one slow burner.

8-18 months, (assume 18 months), to hit that.

Is that really gonna cut it, we have to hope that tin prices remain high.

Me too, but something has to change sentiment wise in order to get the big jumps from the market.

The market needs hard information, not some rampy talk from AV.

The next 6 months are key.

IMHO

I concur Bothercom, but after such a long period of constantly under performing, can or will they put it right.

I sometimes just want either SQM or ACOM to make a offer and put me out of my misery!

Honestly at the moment, I suppose I would just take 10p after the past performance?

My intention when entered here in 2022, it was 25p within 5 years. I thought on the assets and the exploration, that would been easy achievable.

However I can see why we are where we are being marked on these prices when you see the RNS's, there has been nothing really ground breaking.