Member Info for NicetoMichu

hope you're right Doyezee.. I'm deeper in here than I was 2 weeks ago - somewhat, as I sold a few when this turned back down from mid late 50's mid week ish.. was hoping this would go straight back up towards 70p in this recent rally, but alas no .. guess good news required for that.. or even a sniff of good news to come to be mentioned in next weeks update, hopefully - and I do see this as a good buy and hold too.. especially if buying in 50's or 60's p .. and got my average down a bit by recent buys... and havent given up on getting it down further - into 50's p - either..

my guess is if the company had bottom line meaningful good news occurrance(s), they'd be quick to shout about it / them, instead of the silence .. my further guess is that leaves a choice between either things, in the round, ticking along ok'ish /averagely versus previously OR things, in the round, going a bit/somewhat worse than previously .. (if things were going very badly their nomad would make them heads up the market relatively quickly, I'd expect.. ) but the s/p has come off punchily too 'in anticipation', in fairness..

if the bottom line grows out as you say hedgehog then the s/p will re rate.. maybe dragged up kicking and screaming to start with even .. but it will move on up..

But I now feel fairly confident in offering here that the s/p just won't grow much 'in anticipation' here, and so will be far more about good bottom line actuals dragging it up..( for at least a decent chunk of time to come)

And speaking of bottom line actuals.. today's RNS is simply not nearly as good an outcome as might reasonably have been hoped for, full stop imho.... and, over time here so far, there have, alas, been far - far - more bad than good RNS's in a bottom line sense,...but that seems to be changing generally now at least.. and hopefully will change more as we go from here too.. but, again, getting s/p growth 'in anticipation' -versus based on actual bottom line- here will be very hard achieved...

imho and dyor

I go by what MGS offers and given he offered this not so long ago:

2) We are waiting to hear the satbilised flow rates for the ROB-1 workover which should hopefully deliver100-120 bopd (which should generate a net revenue of $3.6 – 4 million per annum) at an oil price of $117 and an opex cost of $25.

And given todays RNS, I can understand why this s/p has come off a bit, even from what I feel are already extremely low levels..

Of course I'm disappointed.. but given the RNS all I'll offer is ...oh well..

based on your thinking I'm wondering if WhopaPot works as a hybrid alias Noel ? :-)

PS: Roly Darvo has a lovely ring to it imho.. good name for a characher in a Bond movie even..

agreed Risky business.. and I topped up off the back of that fine interview..
..markets a mess which is a meaningful contributing factor to the fall granted, but even allowing for this the s/p here has fallen too far, clearly

eckoh looks interesting to me at a first glance, in fairness.. but markets too tricky for me to put a decent bet on it now.. and so I'll hold off doing a proper look into it for a month or two.... remind me again later in summer please Noel...

I was looking to do some range trading bets for say 3 or 4k ish a pop for a few names around now only.. and Eckoh would be a buy and hold bet instead of that for me ...

(IES.l was the bet I did instead of flx recently.. and it went from early 40's to late ish 50's quickly but is now back to late 40's again.. so may be a do over again there soon.. also a worthwhile buy and hold bet at these levels imho if that's your flavour of game )

most everybody who trades AIM is mad imho Noel.. so guilty as charged... and there's more than me on this BB that's mad too.. imho

A bit remiss of you not to warn from 57p instead of 54p FK1 ?! :-)

for neatness I'm going to set my re-entry target here - for a smallish range trading bet - at .57p as opposed to .50p .. still a bit to go to get there granted.. but not far on the grander scheme of things here really..

Fine posting here today gentlemen.. reminds me that as well as some brilliant posters here, there are also a bunch of really high quality posters too.. imho.. and you're all hugely appreciated by me !

Of course CB should publicise this - hopefully soon enough to be - monumental achievement for xtr.l of Fairbride 'Ard processing go live and the fact he hasn't today leads me to offer the following thought:

Off the back of one of his interviews in last week of May ish I remember joking about his 'any minute now' line re the end to processing machinery being turned on for initial testing of Fairbride rock. It's now almost a month later and we're at ''Fair Bride production has started with the introduction of low-grade ore to commission all parts of the processing circuit. We expect that by the end of Q3 Fair Bride should be up to full commercial production.''.. so he understands that there have been and will be plenty of teething/learning/ part fixes / retuning etc to be gone thru.. and as he is slated by many forever for being overly optimistic as a rule, why not hold off cranking up the publicity until after for eg a first months income of some merit has been recorded from Fairbride AND alongside that a clear view to that the next month will be better again too.. etc..

Generally, the timefames and costs of implementation tells me that Fairbride processing plant / operations are relatively properly complex .. so best not count too many chickens too soon imho .... and here's hoping.

thanks for posting that Swizz... I've far from given up on this doggy.. every doggy has its day.. (hopefully)

fair enough.. ( I'd see Oct/Nov more than Dec/Jan as the earliest for the next placing though.. and how many warrants Sprott exercises next month is a key thing...and are there any specific verbal agrements attached to him exercising eg x of these are for gold exploration.. y for other metal(s) exploration etc..)

fair play chique..
I was expecting some buying in anticipation of q2 update here last week and especially this week .. or at least solidity around 15 to 17p price range.. I'm now in small shock here.. and instead of just hoping, hugely hoping even this update will be very strong now.... ( if this was in 15-20p just before the update and there was some averageness in the update and it falls a bit then c'est la vie.. but if under 15p just before update .. etc... but if a very strong update this can of couse motor on up towards 20p .. and whenever thereafter beyond, hopefully ...)

ps .. and did the board go on to do a raise in each of those below years you quote from ? :-)

good post AM90.. fair play

I identify meaningfuly with a lot of what mads posted yesterday... and just ticked up bodruncies post too.. and, towards balance, I respect some of the bulls general opinions here might have merit too.

Why not also quote this from the up front - Exec. summary ? - piece in todays RNS in your below post AM90.. towards balance :-) :

''The Group has no debt and believes it is capable of continuing to raise further equity as needed to carry out its development plans. Shareholders have been very supportive of the Group's financing needs and the Directors are confident of raising further funds as required.''

PS: At ease happy clappers; as I will be keeping my word on posting irregularly here only.. (Todays RNS affords me this first post in a while though imho )

so i did one more top up for good luck a bit earlier.. smaller though .. to have another bullet to fire and i'll do one more for further good luck if / when we break thru 60p.. :-) roll on 60's p please..

all fair enough dodgepot..

..alas, the more I play this game the more I realise how hard it is to have a meaningful clue on macro and micro individually.. and especially together ... for eg when the US markets sneezes AIM catches cold.. or flu sometimes even imho..

Overall, i've actually been quite good at this game over the years, fortunately.. but i'm less and less understanding how I am quite good as i go - and I say that two very good tax years perf. on the bounce to Apil 22 - and i grow to understand morr and more that iliquidity on AIM is a massive and seemingly ongoingly growing issue for buy and hold generally as , alas.. ( I never short , but do range trade more and more alongside buy and hold ) AND it's only when you hit a bear market that the extent of this issue becomes truely apparant..

Also I've only seen short - sometime hard too granted - corrections with good bounces off the back in my time in the game.. never a multi year bear market for eg.. and there's got to be one of those sometime again too ? ... as 2008 +++ is a long time ago now for eg ?

meant to say well played Mozax for that latest 10k top up btw.. that kinda makes it my turn now.. another reason why i'm tempted to do another top up :-)

I must admit I'm very tempted to do another top up - or two - around now......

This has gone so low - relative to 200 odd p 15 months ago and peoples general averages here.. etc - I can't see there being much selling at all here in the 50's or 60's p, at least .. and maybe/hopefully plenty beyond too... and so all buys now are kinda like pushing against an open door , I hope.. and hopefully some buying begets some more buying and so this can motor on a good bit readily enough around now..

IMHO and DYOR