Member Info for NicetoMichu

there's just something about CB I like...

and it's clearly not his shareholder value add.. so far, at least..

….maybe it's that I always feel there's so much entertainment still to come....

...and while there's plenty of it, it's not specifically the b/**** in him that's fun, it's the yorkshire flavour of that b/s that does it for me .... stereotypically, you don't expect it from a Yorkshire Man.... so it's the regular surprise factor of it that's special to me...

no dancing about 'ere....just get on with drilling quick... might scare some people, indeed .. me for eg... as drilling in Australia requires money.. ditto money required to progress African copper plays :

but the chuffin' coffers seem right bare to me in the short term, at least .. so, placing ahoy .. or slow copper progress ahoy.. I guess

but entertainment ahoy is why I'm mostly here, I deduce

decent buying continues here .. but meaningful selling too still....
seller will run out of bullets soon enough, I guess, as long as decent buying persists around these levels.. and as this is close to all time lows I guess buying will persist...
and a lot more buying could happen smartly once the sellling stops...I hope..
and if /when this rallies it could do so punchily/quickly.. I hope..

https://uk.reuters.com/article/uk-oil-opec/saudi-russia-reach-deal-on-oil-cuts-raising-pressure-for-compliance-idUKKBN23A1J9?il=0

The Nigerians got a way with a bit, as is their way to attempt to do …

And now any additional cuts they might make would be into a decently higher and likely increasing PoO a t least..

Will they fully comply this time around ?

'It's Nigeria'

I've got to admit I'm jamming to jammers tune here.

Still too much Jammer tomorrow here imho, so to speak.

I'm guessing that 1m early sell is not JDAU

I've just done a small top up to help here as it happens.. perhaps a bit too early to top up granted but I'm missing holding decent size in this already.. would definitely small top up slowly into any further weakness.. might even add a bit into strength too.. hopefully for the rest of you long suffering here there'll be little further weakness.. not least as I still guess there'll be a raise here before September....

my buy this morning is listed on todays trades list here as a sell.. as all the other listed as 'sells' are the same price thereabouts, I guess they're buys too..

when we start getting to twenty trades plus range today it will become clearer if the recent seller has stopped..

there's a chance the seller has stopped selling.. I'm a good ways from sure on that mind you.. the only way to find out is buy trades going through in numbers not matched by strong selling ?
Here's hoping..

Lnd up high on the gainers board today will give this puppy some much needed exposure..

hopefully get plenty more new buyers getting involved here for rest of week and beyond off the back:

if a company sale is to come soon enough now, it will be for a hell of a lot more than 1 or 2p I'd offer .. so good buying opportunity here for another penny or two or more, imho...

Buy Low. Sell High
DYOR

been out and just come back and looked in here...

'Gordon Bennett'

Plenty of long-termers here Andrew might say Mr Bird went into that casino with £50k and has taken that a fair ways towards nowt so far... but is still hoping to bet his way back to champion !

In fairness, I'm impressed that this s/p has held up well today.

Generally, even if Fairbride 'ard go live does run a 'bit late' and he feels he has to do a raise in say a few months time to for eg progress some of these copper plays, then as long as it's 1.25p or above I wouldn't be too concerned, in truth.. ( a raise done at 1p or under for eg would be a bit of a mare though )

Having sold some more yesterday, my position is properly small here now.. indeed I'm even feeling a touch of the 'daft wazzock' for selling so many now.....so I expect I will, at some stage, one way or other, grow my bet back out here...for the rest of you long suffering holders I hope that sees me paying 1.50p + as opposed to a 'ell fire 1p+ to do that.

I've been topping up here recently towards bringing my average price - well - down .. and am open to topping up more here too..

ps : radical perhaps versus the way these guys often seem to think, but how about Nigeria puts the same amount of oil on the market as it has done recently for longer and achieves $40 + brent, as opposed to it and its peers say adding 10% more output soon and achieving $35 brent instead :-)

I couldn't resist another top up as it may be last chance ever to buy this under 1p.

Paid .99p as it happens.

Roll on the herd arriving here, and this s/p properly motoring on from here.

Versus the assets here, 1p s/p is still ridiculously cheap imho..

Buy low sell high
and
DYOR

I hear you here Dirkus.
(and kidding I was)

getting you to herd immunity much more quickly and with few dying along the remainder of that path ? Great ?

Dirkus cheeky topping up towards getting that average down a smidgeon further perhaps ?

This has just about doubled now in less than 3 months :

You three have surpassed your previous best - .6 up to .7 type thing - by a country mile in the buying against each other only stakes this time around !!! :-)

CB is overstretched a lot with all his interests already.. and what does he do .. he overstretches himself further again?

I guess/hope this will hurry up his efforts to get a new MD into Xtr.. a good thing I feel but will add meaningfully to expenses too .... at a time when the co. has very little revenue STILL

A good asset seemingly and a good value purchase.. but that's only a small part of the overall point.

CB is a dreamer imho.. and he's got LOTS of money already and he's old ...so if bets go badly for him it's academic.. plenty here do not have lots of money.. etc..

PS: Another 'raise' or two to come here still this year, I altogether guess now even more than my post this morning..

Armistice Capital selling hard their ADR's seems to me to be at the root of recent ongoing share price weakness ??

Disappointing !!

But there seems to be pretty willing size buyer(s) to counter those sells too.. and large stocks of ammo expended by Armistice now ?? (3.4% holding down to .46% recently for eg and selling today too seemingly .. if I'm interpreting the RNS's correctly.. I may not be ?)

Hopefully if/when they're stopped there are no more size sellers.. and more potential buyers are encouraged to get back buying here..

the higher this goes the more likely CB is to do a placing, in my mind.. but a placing at 1.40p for a million gbp if this were 1.75p for eg would not be a major issue in my mind .. as its not a bad raise price and could be used to take activities forward more quickly on the copper front for eg ...and get to meaningful revenue copper generation asap too..... and the fear of a raise would then be out of the way too .. and I for one would be encouraged to buy more of these - hopefully soon to be puppies - back then..

I'd offer that 'themarketseer' is not seeing clearly at all on this one.

Time for an eye test?

They've just done a raise and so their cash runway is as long as it generally gets... and I'd expect that another raise would get done too, whenever in 21 or 22 (at a punchy discount to s/p at that time, of course)

Good news of tangible short term income related nature would do wonders for this now very low s/p imho :

eg
that EU grant actually coming through in the end
or
a development partner coming on board, including cash injection for a drug or technology progression
or
a new licencing agreement ideally including some sort including upfront payment
or
sale of one or multiple asset(s)
or
sale of the company outright

If /when that recent seller is out of bullets, any sort of decent buying momentum here would beget more buying again quickly imho .. and a good rally ensue.

If Haso and mates are reading here still, I offer:

Buy low. Sell high. You know it makes sense !!!!!

good on you CJ..

while you may check back here in a week, unless this has rallied by then, Brother Hamilton might sadly be long gone.. and Big Brenda may be guesting as Small Paula already on a n other BB (s).. etc..

The only way we'll get the gang back generally is a rally here..

...and there has been half decent attempts to get a rally going here this week.. but a decent seller has scuppered it..

...and I'm genuinely confused as to why there is such selling at this - very low imho - s/p level

here's hoping we rally next week though..

….and here's to Haso and the gangs return !!!

thanks Ocams and agreed the spreadex notification is a long play ( CFD long perhaps)

but if big buyer(s) around these levels and s/p not rising that means big sellers too... again, a big surprise /shock to me ..

a left field thought that may be way off granted: MM's got left with a big bunch of these on their books through recent rally/crash and they're prepared to off load plenty at a low price now ?