Member Info for NicetoMichu

seeing this top of leader boards reminds me I actually still have a rump - 2.5 k gbp.. nearly 3k as I type - position in play here..(was 7k gbp bet in first place, alas..)

No idea what to do from here .. so best I just leave it and keep forgetting about it for now, I feel.. if/when I have/had a clear view on good upside to come here I might well top up.. but I still don't have that view...so far, at least..

MM's must have stock on books from recent sell off.. hence such punchy 100k buys not pushing this up much.. hopefully the size buyer will keep buying as the s/p is still awfully low - imho - and they're getting double bubble in buying without moving s/p up much, so far at least.. ..

As I can still buy at under 20p I took the opportunity to add some more just now.. might do a tranche or two more soon(ish) again too.. especially still if available around these levels..

Not for the feint hearted this one, granted.. but i'll take my chances..

funny kagefc .. might as well add: and / or mjw418's imagination :-)

i did my bit again today, in adding a tranche earlier.. (and per my posts previously I added some at back end 21 too.. if everyone holding did similar .. etc.. :-))

I too do think that this was/is oversold .. and given some sort of a licencing agreement could occur soon enough this seems too low to me at 20p ish .. roll on 25p for starters.. and the right news dropping could of course see this rocket in a very short order..

if we get to 2m ounces including unclassified then I would understand plenty more why so say we're at a critical juncture UR.. we easily may not..

(my latest guess is that we'll get to around 1.75m ounces including unclassified, in RNS('s) to come out in Jan ..... with MRE qualifying being around 1.35m ounces of that.. and my view is also that one more big drilling campaign in 2022 will happen because funding will be readily available as that campaign will have a high degree of certainty of getting us to strongly passed 2m ounces of gold including unclasified, with approx 1.75m plus of that being MREable.. and as that drilling campaign is progresses well and 2m ounces plus - including unclassified - is clearly on the cards, I think this company will then have a good chance of getting sale agreed at a mutually agreeable price, at least for the gold resources and indeed pretty readily one sale for the whole -all metal resources - company.. and that sale might happen as early as late 2022 .. or might be in 2023 either)

It's a given in my mind that at least the MRE and very likely the MRE and PEA would be released ahead of any placing AM90..and all other good news, drilling related and otherwise, they can muster in coming weeks too....and great if the share price gets up to 40-50p range off back of all these RNS's.. it might or it might not.. close to 35p even would be a result in my mind..

ps; I expected you were one of those buy and holds.. and whatever price they might raise a few million at - IF a placing is ahoy - is no biggie anyway versus the size of the prize in the end..

Fine posting Urbanracer and your knowledge/content here is a beautiful thing.

''Landore have had a cracking 2020/2021. It has been quite a ride. Bill and his team have played a blinder based on the limited financial resources at his disposal.''

Agreed on Bill and his drilling team having a strong year -s/p, obviously, in context of this additional resources proven up, on top of a good base previously proven up.. etc.. has performed disgracefully, alas.. and beyond drilling, the management team being rank amateur is a contributing factor to this s/p performance too - but I think you, UR, may easily be writing similar lines at the beginning of 2023 too..

i.e. I don't think it's an especially critical juncture around now for Lnd.

I think they'll be happy to prove up, in some shape or form, at least half of the gold they believe is in the ground here and any serious - big player - buyer will be happy for them to do that too.. not least as lnd driling team are expert at drilling of this area now.. and they're just not near that half the gold here being proven up in some shape or form yet .. and it will take a punchy placing Feb/March time, alongside other revenue mechanism they may have, to pay the many millions required for a significant 2022 - next - Gold drilling campaign to get them, hopefully, in the ball park of that half the gold in ground proven up..

Ps: don't let them brow beat you meastro :-) ..A blind man could see you're thinking has plenty of merit imho.. even if the company is sold in q1 2022 - and it could of course be - you're thinking wil still have had plenty of merit.. and anybody who plays AIM resource stocks game in a buy and hold fashion widely will get that imho.. ( and we need guys who play this AIM game widely in this buy and hold fashion to buy in here as their bets are often sticky many tens of k gbp, versus the flighty few k gbp of joe punter short term trader bets on stocks like lnd.l.. and those experienced buy and hold players will see a year ish more wait here as fine.. as the sale price achieved in the end will be much bigger again off the back .. etc

ps Those guys should buy in here simply because, versus the resource already proven this stock is currently dirt cheap... not to mind the plentiful additional resource about to be proven in 2022 too.. and they also have the chance of an outright company sale sometime/anytime in 2022 on top too..

Always fun to finish with a bit of cynicism : a placing ahoy in BH's mind in q1 will see the MRE and PEA come out relatively quickly from here at least .. otherwise their arrival might easily have been the slow side of slowly, I expect :-)

i can't believe I bought a grands worth of these back this morning.. a glutton for punishment, perhaps :-)
(and if Atome goes under 50p I'll add a grand there too btw ) not to worry though, I won't be posting much here, I promise

Best wishes to those who have sold up here.. I hope you find a good next bet wherever !

Speaking of other bet opportunities: Welcome on board to save.l btw comeonvog.. best wishes with that bet.. that s/p has good potential to readily rise punchily imho (I was far more worried when I had 15k in here than I was with double that in save.l btw)

nice to see NY peace and goodwill vibes here, and DusterinMong(olia?) is of course as entitled to his opinion here as everybody else is..

Makes me feel like I should say something unlifting..
so..
I'll be gutted if this is not, at least, in the 26p to 32p range by the end of this upcoming first trading week of NY.. that feels such an non stretch target for this now that surely it can't me too much to ask..

Happy NY to all.. The potential is huge here imho..but, equally, the race is loooong..

ps: A special shout to out Zengas for utterly brilliant posting in various ways here .. even if the fundamentals only part out in the end here - again, 'it's Africa'- he'll do, very deservedly, very well indeed out of this, in the end.

Indeed olderandwiser.. and you getting in here in the - very - early 20's was a good eg of older and wiser imho.. well played

(I'll also take this opportunity to thank you for your quality real AIM world posting on various stocks we're both in .. a breath of fresh air to me in an ocean of delusionality)

green, dave

PS: Happy NY to all here

(This was the share in my p/f that I feel, altogether, humbled me the most in 21.. and it's a broad p/f including its fair share of sh+t or bust stocks in it, some of which were down plenty more than lnd.l - plenty big up too, fortunately -but I understand that can easily happen when I place those bets and am fine with that....whereas, given I define lnd.l as medium risk more than high or very high betting within my p/f, and including lnd proving up meaningful additional resource in 2021, and from a 2021 start s/p that I believed to be significantly undervalued versus the proven up resources at that time; for this to finish the year at 26p ish is a pretty abysmal 2021 s/p performance imho .. oh well... and here's hoping 2022 will be better here..)

fair points Trustlie.. I agree that these deals will extremely likely get Minesterial sign offs whenever.. when whenever is is the thing I'm wondering.. they could have signed this off in last two weeks for eg.. but they haven't.. this is Africa... everything seems to take much time, in my experience.. and the s/p may more easily motor on on full completion of the deals than ahead of full completion of the deals is another of my points... and people might consider factoring that into their short term s/p predictions here is another of my points..

''The Minister has 60 days following notification to grant or deny consent, following which, consent is deemed to have been given.''

Firstly, the relevant Minister could deny consent within those 60 days, Trust Lie. They may well not, is my guess.. but secondly, they could say unless save.l accept an extension to the 60 days to give the Minister more time to reach the 'correct' decision, or else an actual denial is the only - default - option available to the Minister .. where save.l will of course imho say whatever more than 60 days you need is fine too Mr Minister(s).. (and that's just one more eg how things often drag on and on in Africa.. )

Afore said, I guess sign off(s) - on both deals - will indeed occur at some point.. but to assume the value of these deal would be even near priced into the save.l s/p ahead of the deals actually fully completing is a dangerous assumption imho..

On paper these deals look extremely impressive.. and in the medium term this company should be an amazing one to be invested in from the 20p ish s/p at suspension.

In the short term, this company should be a good one to be invested in too, hopefully.. but there are indeed still plenty of key sign offs to be achieved for these deals to actually complete - I was wrong in my post recently about assuming that announcing the deal meaning they already had ministerial consent for eg - and I also note that the placing price being the same as the suspension price is less than my - conservative in my mind - guess of 25p..

So, while I'm all for this rallying hard on re list, my instinct is now that even a sustained semi decent rally would be a reasonable outcome. ( And the view on this pushing on up towards 100 p in q1 2022 is now almost incomprehensible to my mind, alas.. not least as these deals may have pleny of road still to go to - even - complete .. but anything can of course happen to s/p's in this game .. and the great fundamentals here - with great more to be added after these deal completions - should of course be far more recognised by the market already .. etc..)

Generally, very happy for this to be the biggest holding - by a distance - in my p/f .. with my excitement somewhat more squewed to the mediium term - 2023 forward for eg -than the short term here now...

Mine are showing in my barclays stockbrokers account this evening.. If I told you how few I have you'd laugh a lot.. I should have had a bunch more but sold down 90 odd per cent of my ppc in recent weeks ..as liked I the price for that ppc doggy off the back of these Atome free shares....

This a new company with its own ceo in a very exciting space... so hope springs eternal.. and while I wouldn't buy any for months yet, I'll keep an eye on this as it goes and maybe get involved whenver .. in the interim, I bid you all good luck with your bet here.. even if - super- bumpy, I'm very confident that this will do much better in the next 10 yaers than ppc.l has done in the last 10 years.. pretty close to mathemically imposible it doesn't, in fairness :-)

my biggest O&G holding by a long - long - way is save.l comeonvog.. as that's my favourite AIM O&G play by far..
that should - hopefully - be back trading early in NY after 6 months ish suspension for a very complex reverse takeover that's - i think/hope - completed now..

The thinking that's required is indeed whether you sell these at 2.50 ish p or hold and take your atome shares and hope this doesn't fall too much from here forward.. as i'd already sold most of my shares here in the 2.25 to 2.40p range it wasn't that hard for me to sell 75% per cent of my remaining small holding here today in the 2.50- 2.60 p range.. leaving me with a tiny amount of shares here and hence a far timier amount again of atome free shares to come too.. I'd certainly buyback a tranche or three ppc.l if this goes back under 2p .. it may not do of course..but who knows, really.. ( and I'd watch and see for a good while before deciding on growing out an atome position or not.. I'll have a placeholder token few in my p/f to remind me to keep some tabs on atome at least.. )

Happy NY to all and good luck with your bets here and elsewhere in 2022 !

I hope you're all production ready for the big day that's imminently upon us.

Happy Christmas all - especially the fair few excellent posters here who do a great service for the rest of us on this BB - and here's to thisgoesupigo big in 2022.

'' Can be seen on Page 280 of CGGs 2020 CPR for Savannah so definitely huge scale.''

To my shame, I didn't get as far as reading page 280 of that CPR.. I expect I'm the only one here who didn't and I can only apologise for that :-)

Thanks for the response Komakino btw.. I'm tired and slightly hungover today.. but stil not kicking myself too hard for not staying in and reading to page 280 + of that CPR last night

Merry Christmas all