Member Info for NicetoMichu

Fine post longshorttrade and very much agreed !

eg 15 m gbp at 10p buys 150,000,000 shares... and the very blue chip II base here buying that much in the open market is collectively peanuts to them.

Indeed given a bunch of new PI money and hopefully some new II money too would also come on board here quickly into any meaningful rally, not to mind 15m gbp, even 5m to 10m gbp buys from existing II's in the open market would make a BIG difference to the s/p quickly here imho.

I expect save.l management team and its representatives are presenting the detail of sundry recently released numbers to II's around now too and hopefully a compelling case to average down in the open market is visible to existing II's

(NO mates rates off market cr*p at a single figures s/p please.. and I absolutely include II placing at single figures towards funding the purchase of additional assets in that.. and no I don't want debt as the avenue to do that either as we have plenty of debt already.. and the market hates large debt in O&G as a rule.. first get the s/p back to 15p-20p and ONLY THEN consider adding more assets )

Bit of a shocker in last two days in fairness and I'm saddened and somewhat surprised and apols. to all on this s/p action that I wasn't expecting. But I still believe and will be adding back plenty here in due course ( and I maintain a half decent position here still having only sold approx. a third of my grown out position here yesterday )

It does indeed remain to be seen if it's actually Miton selling here yesterday and today .. or just the fear of them selling has resulted in others deciding to sell.. my guess is a bit of both.. and a Miton holding RNS can be slow to come out if ongoing drip feed sales by them for eg

I always understood the -in fairness, only - semi frequent reference I've heard to Colin BS Bird as Colin Bu+lSh+t Bird, but it has now dawned on me that could of course have been referencing Colin Black Swan Bird too. Thanks Andrew :-)

Very much appreciated Agadem

( and that one tick up for Hazedogs post is mine btw.. and I'm surprised there are not more ticks for it, as while anything is of course possible, 28p here by year end has about a one in eight chance in my mind.. but as I don't like fence sitting I'm all for posters having a view though... as I've previously offered and stick with : 6p to 20p s/p range for second half of 2020 imho, and the mid point of 13p around year end would make me at least happy enough)

If CB says 4 or 5 months construction time that to me, on previous history here and elsewhere, doesn't mean 5 months but closer to 8 months..

Towards some good news, I'd include sorting of 'teething issues' around go live and early production in that too.

Alas, altogether, I'm expecting a raise here sometime in next 4 months, towards quicker progression of copper plays at least.. chufters that we may well be..

But, even accepting that, I don't see the s/p collapsing back to 1p either, 1.25p maybe but hopefully not that low either, as long as PoG remains anywhere above $1600..and it should do that and a lot more.

simmering only so far is absolutely right dodgepot.. trades being done so far are for small size.. if there is to be punchy size buys here during today/coming days then this could go strongly up quickly imho: little stock available around these levels should see to that..

This stock is on only a very few peoples radar, if that changes and a wider audience do some investigating I believe a compelling case could be made here that this co is in the process of transforming itself into a profitable one.. IF that actually turns out to be the case then 2p would be looked back on in the not too distant future as steal of a s/p imho..

I got some more under 2p there now (at best again only available).. rude not to... and it's still very hard to buy.... so I expect - aka hope- this goes higher from here smartly.. we need news to get out and the herd arrive here.. hopefully Tom Winnifrith - and others - will publicise/strong buy recommend this today and in coming days.. that could do wonders for this s/p quickly .. especially as not that much stock readily available !!

I bought some already first thing but had to do 'at best'.. I want to buy more but prefer getting live quote and deal as you know exactly the price you're getting.. and still can't get that even on small size at 8.20am.. so m/m's are controlling this tightly early..
After this great news and including the turnaround signs already seen, under 2p is a steal here now imho

And I'm more and more convinced that a meaningful turnaround to a strongly cash generative and meaningfully bottom line profitable company is at last in train here ... and if that is the case then the s/p price here should re rate a lot quickly .. so my 4p target is in play relatively quickly imho, hopefully. (per my recent previous post phis s/p price was over 50p at one stage don't forget )
DYOR

Top man Viveka !
Rocket fuel for charlie magmanus perhaps !!!

could be a good spot that downtothebone !!

we need haso and major_buyer to buy full large here in the next hour.. You know it makes sense guys... as this time next year.. 45p is Baz Vegas only.. we want the real deal !!

Hoping for the 'heard' here in next hour or two. And the herd too :-)
60p pre US open anyone?

question is are we talking minor_buyer or major_buyer ?
If the herd heard it was major_buyer.. well that could be fun !
And if the herd heard it was The major_buyer.. well that could be a lot of fun !!

It's a bird ? it's a plane ? It's a ballistic missile.. no it's The major_buyer !!!

( nothing to do with me him getting kicked off here btw )

Bring back the one and only major_buyer I say .. BUT with a 10 post a day limit per BB on his a/c too very please :-)

Certainly feels there's a lot of love missing on this BB altogether :-)

What a crew we truly are !

Entertaining in a motley sense, to me at least.. and very few others still listening at this point i'd guess.

In summary :

4p for FK to fall on his knife and .4p for Dodgepot to throw himself into a boiling pot of dodgy .. and 8p for Noel S to write a thriller about the Life of Falanx ???

this was approx £5m market cap a few months back .. so approx £20m mc now has priced in some potentially good stuff in already, I feel.. so for eg without good new for weeks/months, this can of course go lower too.. hopefully for long suffering here it doesn't.. but no news or, worse still, bad news - eg trialing of delivery tech. with big pharma not leading to new business - could see this go lower or even a lot lower too.. This stock remains for hard core players imho..

I'm with you on keep averaging down here Dale.. so I have ammo ready for buying a tranche at 29p and at 27p and at 25p, if it goes there.

(Bought a couple of tranches here recently up to 35p too.. just in case, as my position was very small before that and didn't want to miss out if quick boomage here.. which may not now have been a great idea on a very short term view... but may turn out good still in due course )

We may even need a major buyer now to keep this above 30p, perhaps.. anybody know a major buyer ?? Not just a major buyer but the major_buyer ! Bring back THE major_buyer !!!

This share certainly continues to support its intermittent punchy retrace reputation !!

I did a small top this morning at 92p though , as that's a lot more off from 110p than the gold price fall justifies imho.

Still very long and strong here but am unlikely to add more now.. and still have a 150p ish price target here in 2020... although that's a bit more of a stretch target now, clearly

Just need a decent sized buyer to keep taking clips and little selling against that Buying .. very hopefully.

Ps So I’m deducing from latest response that FK1 is not buying and so he is unlikely to have given NS the nod to buy on the quiet either .. and I’m guessing NS is not being a cheeky monkey and buying on the quiet without the nod ! ( if he was he likely wouldn’t say Here he was anyway .. but he hasn’t said he isn’t, so far )

So great if Fk1 and NS change minds and start buying too, to help push this puppy on up. It’s defo. Still not too late to become believers here chaps ?!