Member Info for NicetoMichu

The biggest piece of advice I'd give CB is to get the 'ard rock terms/plan agreed quickly from here including getting that mining up and running asap thereafter

(He has taken his good time for perhaps good reason - decent financial contractual terms, appropriate operator commitments, alluvial play and clearing etc - but that time has now been taken and so just sign up and get the 'ard program started asap now. That's like a new beginning for xtr shareholders.. and it's the 'ard rock that most are involved here for in the first place, after all !)

luckily I betted small to begin with and so tactically averaging down though the awful journey so far brought me average well down.. and now hopefully genuine progress will at last be imminently upon us.. here's hoping !!

(obviously lots of dilution along the road so far is a factor in future price targets here.. 9p in comng months would be great for me and see me sell some/many, probably.. not least as my b/e is an a semi repectable 4.5p )

at a macro level, this 'project' is going very - very - slowly in the right direction imho.. and on the laws of averages even CB has to come up with some good news once in approx. every five RNS's imho .. and we are soon due that 1 for sure imho!

so the next RNS's will hopefully be a good revenue share model 'ard rock agreement with a practical/achievable mining plan and start dates that are logically achievable... and would see a relatively big pick up for such a lowly s/p as this now imho.. hopefully

...and so why not some punchy new bets placed in coming weeks in hope of such and RNS/Rally.... and if it then is that one in five good RNS then this s/p would push up further nicely again off the back imho.. and then follow that up with 'progressive' q2 alluvial revenues RNS - pretty likely from latest levels imho - and 1.5p + is a semi decent possibility by August imho.. indeed maybe even decently more likely than .5p by August..

so if buying in now it's : .7p to .5p versus if news goes badly OR .7p to 1.5p+ if RNS's go well, in approx. the next three months ...not a bad risk reward at all imho.. here's hoping.... and DYOR OF COURSE..

''Not expecting any hard rock news until late this year. Hope CB proves me wrong.''

I disagree with you there Andrew

even if woolly / still not completely agreed and so vague etc, he will give some update on this by end this q imho .. it's really easy to do that.. even if that means not a very meaningful update etc.. but he will give an update by end this Q imho.. when work actually starts etc is another thing altogether of course..

selling some of our previously accumulated gold helped.. but to have it stored to sell in the 'low' production season to help bottom line then is a good plan, in fairness..

(with these alluvials ..they're all pretty low seasons so far granted :-).. how about striking a rich gold vein within for once even? very please)

s/p has picked up a little as I type.. thankfully.. maybe even pick up more now in anticipation of 'ard rock plan coming soon... hopefully..

average, maybe poorish results imho.. a lot or processing and low grades .. but Q1 is a bad weather season generally.. and the cyclone spared us.. so I look forward somewhat constructively.. and a decision on the 'ard rock plans being notified by end of this q is something interesting/positive.. albeit, outlining a plan and it's implementation are two different things of course.. I have now decided to do some top up under .7p and did my first one just now.. I'd do bigger again on any further weakness.. .5p is still a possibility in my mind.. but is a little less likely in my mind now, granted.. perhaps, it would take a raise to be announced soon for .5p to happen.. and I'm very much hoping a raise can be avoided around these s/p levels...

Surprised this keeps going down and 10/11p for a top up is my target here too Workover.

(fortunately i don't have a big position left here - sold plenty much higher- but the smallish position I do have left is starting to look a sorry one now.. and so averaging it down with not too big a buy would give me a decently lower b/e.. and, in truth, if/when it does bounce back I'd sell some at 15p ish.. wishful thinking it going back there some might say, though..etc)

Fundamentals are now good/very good here .. and the s/p is looking cheap to me now.. that's not to say it can't go lower of course.. hence my 10's p buy target.. this sector is so unloved by II money in recent times that it's scary... and plenty of names in it just seem to keep ticking down.. and that's with a currently strong poo background !

mid year update or finals update only is my guess...

heard similar here a few years back and hence got involved in this name then: there was little news and it was all bad :-)

However, the new CEO deserves his chance and CMS getting involved here is very exciting to me.

Anything can happen here in the next few years.. eg 2p or 50p.. place your BETS (or not).. be they short term - and there is plenty of the 'traders' share about this imho - or long term bets..and good luck to all long here.

I still see the US as having small impact only on the AIM price Timmy.. and so don't follow the price movements there as a rule.. and by far the primary driver of this share price is RNS's released here, imho..

PS; Does anybody know what happened about that inter-tradability book that was talked about being set up ?

Generally, I just started to buy back what I sold recently.. a smallish first tranche only granted... if this goes back into 7's my next tranche bought would be bigger.. 6's much bigger again.. etc.. Hopefully, for long suffering here, it doesn't go back into 6's of course.

I keenly await FIRST unequivocally good news here since the rescue of this co.

Aside: that performance related potential additional payment for the sold US business performance in 2018 intrigues me still.. no idea if/when it will be announced alas ( could just be shown in mid year or end year accounts without being mentioned separately.. if it's a good figure it might well be announced separately... if not, it might not.. etc)

http://www.cityam.com/276850/mnuchin-says-us-china-trade-deal-could-sealed-within-two

it was gengs post that's underpinned this rally :-)

I'm guessing some are thinking this could be announced in early May as much as late (and they expect it will complete, of course) which is fair enough.. Interesting to see how this plays out if no announcement in early or Mid May...also, for me the US/China trade deal talks completing successfully might be important here...if they complete in coming few weeks I expect that will help this s/p rally too.. if not perhaps it will hinder it..

If that post is for me JP2000; I'm not predicting a Sol failure.. I haven't a clue whether they'll strike or not .. and to what extent if they do... etc...In my post, I offered a view on both scenarios.. one duster, one strike.. I didn't offer price predictions for strike granted, as the extent of the strike etc would dictate that .. and so it's too complicated for my small brain to even try to go there..

ps: What priced in and not currently is very debatable imho.. production at what future poo.. what levels of future production.. untrusted management... geopolitical risk... etc..

What will it take to get the Daily Mail to TIP Amerisur too !! (As they've picked a South American Oiler in PPC, I'm guessing they looked at Amerisur too and preferred PPC. That surprises me reasonably, if not hugely?)

Wait til after Sol-1 results to average down again LuckCounts imho.. given the recent duster and some unhappiness with managements performance generally, I don't expect the s/p to go up much in anticipation... and I expect it to come off very approx. a couple of pence if a duster. If a strike, then you're buying in a rising from a very low base (imho) s/p ...which the purists say is the best way to go.

clearly no meaningful rally here recently.. alas.. indeed the fall to early 60's - and maybe more down to come, even - is a bit shocking to me.. oh well, I hold regardless.. but would now sell some in 70's if it rallies back there whenever.. would only buy small more and that only if it gets in range that brings my average back down by adding ..(early 50's.. but hopefully it doesn't go there) disappointing, and not for the first time.,.. but the sector is generally on it's knees, in fairness

Including more and more balance in recent times the quality on this B.B. is extremely - squared - good imho. I always respect KISS ( keep it simple stupid ) : Buy low -9p to 15p range - and sell high - 25p to 50p range - is the answer imho .. in between times, patience and noise reducing headphones required.

oh well.. this latest RNS cleared the decks for genuine progress going forward imho.. hopefully.. and that pump on that RNS' shows the potential for upside here imho.. imagine what can happen if/when unequivocally good news is released...

and the co. needs to come up with some such news in the coming months imho.... so mtph mgmt., you've been given a second life now .. so please - please - learn from previous 'mistakes' - aka utterly disgraceful financial indiscipline - and get this show back on the road going forward !

ps : to show I'm very bought into my talked about 20p by summer here, I only sold a small amount only into recent pump.. and that only grudgingly in 10's/11's p when I felt this was a -nother - p&d….(and, indeed, after retour didn't predict 7p when I requested it of him, that second morning, for the team )

Great to have a top quality charter on board here.. welcome geng ! Gives me renewed confidence.. which I need.

4.37 IF SRyi deal goes thru wouldn't surprise me at all.. but if it doesn't ?

It's a binary bet this imho: double or halve type thing by June.

Nice to see and hopefully more to come tomorrow .. and beyond...20 p by summer is still my goal here .. here’s hoping for some good news rns’ in coming days/ weeks ! Good team play here by retour btw with pre market post imho .. before open, please call it falling back to 7 p and we might hit 14p

sorry to hear this and condolences to his family, friends and colleagues from me. (and puts things in further context again here and generally on all my AIM bets for me)