Member Info for NicetoMichu

you can say that again comeonvog.. and fair enough point .. but, including issues, I'd still guess it could be more likeUSD40m for this year more than USD45m.. and that's 2019 revenue levels 'only' .. and a lot will have been spent on sundry well activity - plenty of issue fixes included alas - in 2020 and especially 2021..and po&g in Argentina will have been strong versus previous years average prices in 2021 too.. so, altogether, average performance at best for 2021, alas imho

( Routh instead of Roth even )

Nice to have one of the big cheese shareholders posting here.. and him reassuring on plans going forward.

I'm very hopeful Leo Koot gets to run this show .. and guess they have the votes in the bank to insure it happens - or else wouldnt have called this general meeting with these resolutions- and so I even did a small top up just now.. ( mine is still a small position versus what I had previously but, if/whe Leo Koot - and previous side kick(s) too - takes charge, I may add back further tranches as we go too..my big concern remains further short term dilution here .. and indeed medium term too ..building a significent production company can be done with some lending against early production granted.. but there will very likely be a punchy element of placing(s) ahoy too imho)

i held cerp but sold pre it rolling into bahamas, thankfully.. I stll like leo Koot and while he didnt cover himself in glory CERP/BPC time around I still think he's miles better than Ed - and Roth on first impressin - for eg..

But in outlook section he has gives this year half 1 rev of US17.1 m comeonvog.. and O&G prices have been good in half 1 .. so it wont get to USD45 m in full year imho ?

2020 was poor, as I expected .. 2021 is looking to be average.. which, given poo&g levels is dsasapointing .. ( production levels are a bit better than I anticipated generally though.. and a pity new gas production level issues and Louisana workover required too granted ..

Altogether I'd go with average towards poor instead of bad versus my expectations.. and current sub 2p s/p only surprises me a little in the circumstances..

well that was another uninspiring RNS..

Re marketing more: How about starting with something as simple as the CEO giving a positive context commentary alongside the assay results in such RNS's..

For guys who have been in this game in this market for a long time they are surprisingly niave in a few different ways imho..

And 25p is right now exactly what this is worth... because that's what the market currently prices it at.. sad, but true..

Mr Colin Bird has spoken:

The time for p+ss eXtraction is behind us.. it's chuffin' copper - and gold - eXtraction from our lovely 'oles from here on forward folks !

it was a glitch in my view, semingly, apols..
generally, lets just forget Kenmare .. maybe I shouldn't even have brought it up.. CMET has huge potential no doubt ..and great scope to grow the s/p out from current lowly 20m MC no doubt

very funny if all posts from 11 am are forever taken down from here (it may be a temporary glitch in my view here though)

(If yes, I'm guessing its my opinions that are unwelcome.. and if administrators want to take that whole trail down after whatever complaints then I understand that to be their perogative... very surprising to me if they have.. and guess best I just say this is of course going to 200p in short order :-) ( Fine by me as I'm long here )

Thanks PaulFG..Impressive no doubt.. I'm in no way questioning the quality of the resource here .. it's amazing no doubt .. I'm talking about the implementation program to mine and get resource to market in large scale .. everything I've ever seen in a multitude of resource companies I've BET on tells me there has to be a large chance that implementation program doesn't go to plan.. (and I'm being nice in not adding a 'close to' there too :-) )

(ps: after exhausting one area of their mine, Kmr moved their processing plant to a new area of the mine this year towards accessing signifcantly higher grade ore.. a big project costing a fair few of 10's of millions in itself btw ..so i'm guesing that pres. slide $8 pmt is out of date and its considerably better than that for 2021/2/3 at least ps I think Kmr is a buy at anything around current 400 odd p )

Kenmare resources (kmr) is mineral sands iImenite/rutile/Zircon. and extremely comparable to CMET.. I'm thinking..but happy to have it counter explained otherwise if not.. .and they have been around for a pretty long time and their journey has altogether been a VERY complicated one.. and it's a big player/succesful company in this space

Fine post PaulFG.. but those price targets seem awfully bullish to me... even accepting the resource is amazing and relatively easily accessible from EIA ok forward, the program to get this to production and ramping up considerably as we go thereafter may easily experience some complications/set backs/cost overruns etc.. generally, it would be almost unheard of if it didin't ? ?

(I've been in kmr for years btw and their journey has been far from smooth ..and most every other miner of whatever nature I've been in - lots btw - ditto ...)

So for this market cap to go from 20m ish gbp to 200m ish gbp in say 15 months ish seems a huge ask to me
.. but my knowledge of the potential go live implementation project is tiny granted.. so great if you're even semi close to right.. whatever, my exit targets may well be way lower than yours generally here anyway

Bought a few more just now.. and at 12p now thats close to my lot here now.. this was 9p only a few weeks back and I was looking at comfortably/gently getting to my target 50,000 shares for 5k gbp overall bet.. but it has pushed back up nicely/ quickly from that - all time? - low and I've been slow to react.. wich I'd bought more in 9's p or even 10's for eg .. 40 odd k shares now only and my 5k close to all placed.. and might never see 9p or 10p again ..oh well... but hopefully for the long suffering here we get EIA news this week or next and this roars on up..

'Blowing past 8p' made me smile .. that seems a long way off to me right now, alas.. but things can change quickly on genuinely BIG news.. not least as momentum on the way back up can be as much a thing as momentum on the way down ..

PS: re the thread about range trading this or not.. this has been a range traders dream stock for MANY years now - my trading account proves that - and AIM generally is nowadays much more suited to the 'in play betting' styles than buy and hold imho.. But the downside of an in play betting focus is the one in a fifty or one hundred AIMers that, at some point, moves 'life changingly' up 10 or 20 bags in pretty short straight line order is, by definition, closeish to guaranteed to be missed..

Thanks top tiger :-)

.. and it'll cumulatively be approx 6k gbp from starting at 99p and continuing to do my bit as we go down .. and again alas the 6k gbp hasn't even come vauguely close to moving this s/p in the right direction by even a nano centimetre :-(

PS How much have the uber bulls continually posting here what a joke low this s/p 'now' is added in that same window :-) ?

As my next 700 or 800 gbp top up here is, alas, again going to make no difference - although maybe if 100 others did the same etc - perhaps some who are posting that this is now an extraodinary buying opportunity are big swingers and will be looking to add tens of thousands gbp each around here .. that would certainly help !

(alternatively, planty of those posters might be fully loaded at much lower averages already and so won't be adding any more .. eg a HL 10 year chart shows me that this traded almost continually in the 6p to 13p range between beginning 2014 and begining 2018... so plenty of long termers here may have very - very - low averages indeed)

interesting posting Velo .. especially in the chart views.. thanks

and oh well on you not locking in some profits higher.. hopefully this roars back and you are pleased in the end you didn't..big chance involved in the game.. and that can easily happen too

(ps : if you were to - academically - apply a rule across the board here that when peoples bets fell to 'only' being 100 % per cent up they had to lock in some profit by selling lets say 20% of their holdings... you'd have plenty of selling not just across the 120's ,110's, and 100's p but also across the 90's , 80's and 70's too .. and perhaps a fair amount in 60's and even 50's too ... obviously, towards balance, you'd expect that the lower this goes the more buying would kick in to counter balance selling too.. but that eg is a reason I'm staying very cautious in my buying here..)

Thanks to motherfaker for the chart view.. I'm not a chartist and would never look to go that way - especially as AIM is a focus of mine - but I still listen to the chartists posts reasonably keenly.. not least as that post was balanced with an up and downside view... and my instinct is that this could as easily go into 75p as back to 95p from here..

The walking down conversation made me smile.. from approx 140 p to 85p in 3 months for an approx 250m gbp market cap is running more than walking in my mind ? (And why I now treat this as dangerous /volatile as the many sub 50m gbp m/c co s i bet on)

All that said, I'd happily top up by small increment and min 4 p spaced apart fashion again and again - and again and again - into any further weakness here - but not into strength from here btw as, per my earlier post, many holders here with sub 50p averages I'd guess - not least as the fundamentals do seem very strong here .. and that's a very helpful mind easing thing for medium term holding a name.. which I exopect i'll end up doing here..

Good weekend to all

Jonny_five stole my line..

and then legalwolf my back up line..

Good weekend to all is all I've got left.

mostly snap comeonvog.. apart from July and August risk off months and September risk back on ( at least from St ledger day in Sept anyway :-) )

No to acquisitions now imho .. they've got acerage in Argentina still to develop.. they've got large potential in paraguay too..and, generally, you're best bank moeny in good po&g times towards acquiring 'on the chaep' hen oil and gas prices are lower again..

Also the AIM O&G model of grow out and sell on is a broken one as we grow into a Green Economy.. and hence PL will be looking more and more at the likes of Atome towards growing his wealth in the future....