Member Info for NicetoMichu

Pleasing update.. very pleasing, even

(I hold a decent few and added some more just now)

Here's hoping this does indeed become my favourite AIM p/f holding ( see my posts below.. including for some background colour here.. not least re my hope of a takeover offer soon enough into the future here)

As long as you mean September 25, Fosters..

Your response to my guessing - a while back - this would trade in the 2.5 p to 7.5p thru rest of this year was:

''No chance. 3.5 bottom was reached after the icc2 result. By next year several month before ICSID I expect 2 nok to be reached again before the result.''

My question back to your above quote now is:

I'm getting 3.21 p quote to sell small size just now; so maybe as fallen below your 3.5p bottom shout, you're downsizing your holding?

PS: I still have half a thought on topping up - on a tiny BET I have left in play here- into meaningful weakness here .... hence why I look in here right now....but I'm thinking I might get to buy some of these for 2.5 p ish in due course.. and so am holding fire on adding..

Anything can indeed happen in this game.

As a small push back to that Chef, my feeling is that there has been good/positive on the ground geology scoping/project definition/drilling work done here already this year, especially at SilverKing. And the RNS's on SilverKing drilling results so far would generally readily justify an increase in this s/p to over 1p by most fundamentalist definitions.

Accepting he's very likely staying in position here for at least another year, Mt Bird has got to ask himself what he can do more of to better help the s/p in the coming months here. And in my mind the answer keeps coming back to better marketing of especially the SilverKing prospectively?!

While I understand, after the Bushranger anti-climax, he's now potentially sheepish about getting into his punchy marketing suit this time round, I still feel he absolutely needs to show his brass neck here one more time and spell out what he believes SilverKing is already worth and potentially worth if drilling progresses as he might reasonably hope. Be it via comparison to the nearby mine sale - he alluded to in a recent podcast - of whatever across the market in country or more globally widely, he's got to help the market better understand his current 'expert' view on the potential of our Silverking JV.. even if plenty might now - given Bushranger so far.. etc- be more inclined to dismiss his opinions, his company leadership role/salary taken etc sees him obliged - without going uber bullish a la Bushranger marketing missteps - to publicly voice his best current guesses?!

imho & dyor

For our new broker - Shard Capital- not to have already found a - peanuts for their client base - hundred k or two gbp of client money to come on board here in the open market off the back of v promising Silver King assays so far at say, on average, sub 1.5 p - including that buying upping the s/p as it happened - is v disappointing to me.

eg If Bird's/Shard's main goal is to get this s/p to say 2p + towards then facilitating a raise of a few million - and the nice commissions for Shard off the back - to fast track SilverKing and/or or a n other asset eg Antimony or Bush etc.. and Shard say to their clients put in 10% up front in open market to get the s/p up and the rest put in thru a 'promised' raise.. etc..

PS: Spare me the ethics feedback Mr J Ezzoo et al 'ere please: It's AIM and it's Colin Bird

But SilverKing has already given plenty of encouraging results, so far?!

And for this s/p to be at .65p off the back of those results so far is shocking on a fundamentals basis to me... so I think sentiment is a key factor here ..... and while there remains some negative sentiment towards the AIM copper explorers space generally, that is changing somewhat thru 2025 - with eg's of some shares in this sub sector appreciating meaningfully - and so sentiment towards Mr Bird himself is very likely a key driver in the current abject s/p

imho and sadly

Management seem to be slowly/incrementally addressing the 'issues' here, but still the share price is very much not recognising this.

While somewhat frustrating, hopefully soon enough a tipping point of cumulative positives - rental/sale/general relevant property market health etc - will see a meaningful re rate here.

So I'm ok with sitting patiently on my position here and semi confidently waiting for the market to wake up to the turning tide here..

(and I'm open to topping up if there is a fall back to 60p ish... hopefully not happening, but its a dead summer hols market thru August. who knows really etc...)

imho & dyor

Perhaps 58 trades and 9 posts might have worked better today ? :-)

PS: Perhaps AGM not held in last week in July this year so as not to distract from a banger of a Goodwood meet thru most of last week?!

Aside: While I just about agree with Mr J Dau that Mr Bird should still be at the helm here, I also think that if the s/p is not over 2p at July 26 AGM time, that Mr Bird should step down - or be voted down, if up for re election - at the next year AGM.

''$hit or get off the pot Colin, we need to see some action here.''

Racing at Goodwood on thru last week!! And one man can't $hit in two pots at once?!

Wash your mouth out and come back with a decimal place move one to the right please Mr J Ezzoo!!

Eg Mr Bird announces an immediate effect 10 :1 consolidation …. and the share price opens at 6.5 p .. and goes down 20 plus per cent on that day to close at 5p 💥🤠

Thanks for clarifying Mr Sayer.. and we're in agreement so.

Mr Bird's reputation seems a big contributing factor 'ere; it's buried deep in the dirt in the ground, alas... I somewhat understand that but definitely not to this s/p extent.

I also think Silver King was/is/will be a good JV to sign up to and that good progress has been made generally - if slowly - in reshaping this company after the Bushranger Mishap... with exciting prospectS again here now... and cash flow ongoingly incoming to allow exploitation of those prospects thru the coming few years.

PS: I'm at my max bet size I allow myself for any one stock in my AIM p/f here already - 20k gbp - if I wasn't, because the fundamentals here seem miles better that the s/p says, I'd hoover up a bunch of these here now.

Imho & dyor

I'm aware of that s/p then Mr Sayer, thanks.

if you're saying there are less assets now than then, in the round, I fundamentally disagree.. also the Price of Copper is stronger now

Just the 13 p/c down this morning I see.. (but, as ever, on very low volume.. )

To see this s/p in the .60's makes me sad.

And while I think that's a market cap of 5 to 6 m gbp is far far too harsh here now, the s/p is the benchmark... and is what it is..

Very hopefully Mr Bird can bring himself to do something other than holiday thru August .. not least as there's approx 4 months left of dry season and he has to make that count

ps: he should focus most all his holiday time on Dec and Jan imho.. Although he may well see more merit in focusing his holiday time on July and August .. and March and April ...and Dec and Jan... I get

Plenty of merit in both those posts below indeed

I see plenty of merit in that post of yours just now Mr B 101203

I'm all for the broad church we have on this BB; but given Mr Bird is likely now staying in charge for another year, if I had to take sides in the Lucky bear versus Jdau bull debate, it has to be JDAU's side I'd take

eg 1 The SilverKing JV is exciting to me, and it was Mr Bird that engineered us into that in the first place.. and drilling is progressing positively.. and in line with legally agreed JV terms.. so ok by me.

eg 2 to say xtr.l is overvalued at 6 m gbp ish market cap is mostly beyond my comprehension

Generally, as overly bullish as Mr J Dau and Mr H Zap may or may not be here is as overly bearish squared as Mr L 520 may or may not be here

imho & dyor

V interesting post by you on 22nd too Zengas.. and that 500k shares buy in is certainly putting your money where your mouth is.. encouraging for me to see this.... and I very much look forward to your amazingly high quality research posts ongoingly here forward !!

Great to have you onboard here Zengas. And a fine post this morning.

I've been holding here for plenty of months now.. initially very excitedly, but have been tempering that excitement somewhat .. indeed to the extent of taking a third of my bet off the table here not that long ago.. but still like this to a very reasonable degree, especially thru 26 and into 27 now..

Generally, I'd agree that this s/p is cheap now.. and broadly agree with very cheap even.... but there have been a lot of setbacks here over recent years and it takes time for confidence to come back.. and the very latest setback, the significant cost overrun of the Skua-11ST drilling program was so not what was required to underpin the turnaround narrative here.... still, that's behind us now and Skua -11ST should produce ongoingly ahead of expectation too .. and it now looks like management will be cost disciplined and pay down remaining debt pretty quickly here, and get back to paying a dividend in maybe 27, or a bit before even ..

PS: I did a small top up here this morning.. but am not particularly surprised that this has not rallied more so far today off the back of that good RNS.. and I'd say, at this moment, I'm semi excited here more than excited here.

imho & dyor

.. that has me believe this business is properly turning around now .... towards a bright future once again.

Including the already discussed takeover potential at a significant premium to current s/p - see below posts - here, I see this as meaningfully undervalued in the low 20's p now.. (Indeed I don't see why this shouldn't have a price starting with a 3 soonish)

To put my money where my mouth is I topped up here first thing this morning

This is now looking like it may well become one of my favourite AIM p/f holdings ( in my AIM p/f of 25 plus stocks )

Good luck to all fellow long and strongs here

imho & dyor