Member Info for NicetoMichu

clearly a large human tragedy unfolding in the wider region, and terribly sad to see..

If xtract were to be non producing for a period of time, it would be, in context, very unimportant imho.. and moaning about production outages in these circumstances is in very bad taste imho.. factorially so as most long bets placed on xtract can be categorised as appalling bets long before this tragedy anyway..

genl has been on a s/p comeback trail for 3 years now jointhedots.. after a previous car wreck granted and so 7% down this morning off the back of very approx. 200% up in last three years puts a wider context on things.. whereas Amer s/p by comparison :-)

I'm not disappointed by todays announcement.. and understand that the pay back is likely a good one but it reaffirms to me that the strategy here is to grow reserves and production asap towards a company sale in coming few years more than look to dividends and medium term independence.. fair enough if a good company sale price can be achieved.. and in a macro price achieved context that remains a big IF in my mind.. but my mind is more at ease with the recent eg of a good sale price kindly furnished me here.. and I think out bod have very good strategic orientation.. but poor operational orientation btw.. so are we going to own the ongoing development on this now.. yes, and if previous history is anything to go by.. oh no.. :-)

perhaps....sometimes or even occasionally :-)

so a good thing it'll be maintained, I guess.

the 8m odd adr's currently in circulation referenced in todays RNS answers one of my questions previously asked here - which no one answered - and tells me that the ADR's listing are NOT a big thing in size versus UK listing Market Cap.

( Uk mkt cap currently 23m gbp approx. and 'IF' 14p current equiv value (?) per ADR to UK share and approx. 8.2m ADR's : 1.2m gbp total ADR listing value vrs 23m total UK listing value gbp (?) ..happy to stand corrected on any/all maths here, of course) And that explains a lot to me in terms of Uk s/p not paying much attention to US one most of the time..)

In my mind this UK s/p will move mostly on a /some bottom line/ potentially bottom line - e.g. drug trial(s) progress - tangible(s) good news RNS .. the first perf bonus achieved - for 2018 revenues from US business sale - might hopefully help to this end .. (last years mtph annual results will be poor generally is my guess though )

Up to the company to put out such RNS's asap ...if and when it has good news..

15p by Friday, but no idea which Friday :-)

if any selling occurs into this first bit of buying momentum we've seen for a while.. 'IF' CF are finished then I'm hoping there will be little appetite for selling at these levels and us longs could have some fun here for a change.. but any decent selling here now could of course be a party pooping bummer.. unless there is a properly large buyer accumulating .. which would be great..

and given the huge fall in this s/p in the last year I'm hoping this can bounce somewhat sometime soon.. with a market cap of now sub 10m there is plenty of room for upside here now imho...and conceptually I like this a lot, especially with d2p potential for growth... but with question marks still over tech and differing legislation/directives about it remains a tricky stock.

The 'previous' board of MTPH showed me that on day 1 to 900 of my investment

how about something on that Moz plant that we now 'own' being a good news opportunity in coming months?
(even that we actually have got the title deeds in hand from them... as sale of non required parts can't happen without those ? Some nice cash towards Zambia could be raised via this plant)

Is that name AIM Listed Company Executive Timmy ? :-)

you're a ramptastically funny guy gilo imho

for fun too, I've bought a small amount more encouraging you to bet the gbp10k more.. so off you go then asap towards not missing the boat... Ps feel free to paste a screenshot of that actual purchase here, lest there be any doubting you :-)

My understanding (?) is the AIM listing is currently valuing the co. at apppox. gbp 22m in total (400m odd shares at current price of 5.5p)

What are the Nazdaq listing equiv. figures please?

I've never paid any attention to that listing, in truth.. as I've assumed it to be a small aside whose total 'value' does not count towards the co. official market capitalisation (?) And as - currently - no inter-tradability between the two, it is not going to be a driver of UK s/p to any meaningful/sustainable extent (?)

(I had thought about getting more understanding on this angle previously but in MTPH selling the US business and other participants on this BB pointing out the s/p is too low there to be allowed maintain the nazdaq listing anyway.. I again thought, why bother... Maybe my foolishness, maybe not ? But as it keeps coming up here now please can those in the know of answers to afore q's help me understand more?)

He needs to have a reasonable degree of focus on Manica too..else people will get more suspicious again about progress there imho..

This event presentation/general pitches are not key s/p drivers anyway imho .the two key drivers of s/p in the short term in my mind are alluvial income and a(n) 'ard rock mining agreement/execution plan including timeframes.. .and as I've already noted the s/p range I have in mind in coming months is somewhere in .5p to 2p range .. and while whatever levels in between those two are of course most likely, if I was asked to choose one or other figure I'd alas say that.5p is more likely than 2p in coming months.. but I live in hope here..

if only there was as many valid and in order charging points for a given EV as there are messages from leas on the subject

in that low volume scenario MM's do have the capacity to dictate price movements to a reasonable degree, granted imho.. but, given its now very low volume generally here, such illiquid names can move up quickly with any sort of meaningful buying that's not matched by selling.. not least as it quickly begets more buying again and if no sellers about still then you can get an upward spiral.

The way I look at this now is that it's very unlikely to go below 4.5p whatever in the coming few months and could easily go to 10p or 15p or higher again on half decent buying pressure ( assuming CF has now sold out and no other forced seller of size about.. and there really shouldn't be )

I like the risk reward here around this time and am tempted to buy more in 5's now and would defo. do a very good sized top up if it goes to late 4's .

well worded retour:-) it's that vague it may not even be referring to mtph ... a la ''20p by Friday but I'm not saying which one'', that I previously recommended you use..

This might go up or down or stay the same... But here's hoping it goes up... a lot and pronto

Retour de-Reynard or gilogilo throwing in the towel and selling out completely perhaps :-)

Indeed Andrew and I was selling a number of small tranches into that rally as I feared it wouldn't last. The price ranges you quote broadly make sense to me but I would add if this goes down to around .7 p on bad Q1 and/or Q2 alluvial income news then the raise that would therefore become likely around that time too would be at a discount to the prevailing price and including the s/p adjusting to that raise figure and a tranche of people just throwing in the towel completely I could see lower than .7p.. so If Simo mk2 starts poorly and there is no 'ard rock agreement announced in coming couple of months then this s/p could approach new all time lows imho.. so 2p and .5p is the possible range I have in mind in coming months..

I hear you on this Mike and ticked you post up... I've not looked in IRR previously but will do so now, thanks.

an announcement of a decent 'Ard rock agreement with Omnia could do well by this s/p and if a raise had to happen subsequently then at least it would be from a higher s/p base making it more palatable.. so come on Colin and get that agreement completed and announced in coming weeks and such an RNS's would see a decent rally here imho..

Very much agree with Andrew and LittleWing and good luck to Batfink in his next bet.

AIM is hard core gambling and E&P commodities the hard core end of hardcore imho. And for long-termers here this is already a catastrophic bet and very likely to remain so even if the s/p, at some stage, finds a way of rallying meaningfully.

Personally, even with a relatively low average price - mostly through averaging down than even half decent judgement granted - I am still well down here and far more hopeful than confident of getting out of this with a b/e or profit and understand I could readily lose most or even all my bet here. ( And I've already sold down approx. a third of my bet in recent months at a 35% loss )

Here's hoping Sino mk2 has a good first few months in 2019.. if not, a raise here is likely by summer imho.

not to mind bet a decent wedge on it.. 60% down here now and it could get worse.. the hard core dilutitive nature of todays placing is awful.. and there could of course be more placings to come in the future...

thankfully I've had a few decent wins in this AIM sector over the years to keep me in the game.. but they seem harder and harder to come by while the endless dogs seem to collapse to a greater degree than ever..

Generally, AIM is changing from a bad to a heinous place to play long only imho.. II's participating less and less and indeed PI's too combined with shorting and regularly required raises for most co's makes it a sure fire way for long only participants to, on average, lose big. And that's in an ok macro environment.. in a recessed macro environment many AIM stocks would be effectively worth 0 imho..

While a dreamer, I think Colin is a wily one.. and this Zambian copper foray for small up front outlay makes sense to me in plenty of ways.. but the likelihood of a capital raise in coming months has now gone up in my mind.... but Sino mark 2 can deliver decently starting from Feb. and there won't have to be a raise.. hopefully..

I generally think Colin realises he's got little time left in the game and wants to make a splash before he goes... and Manica will be effectively totally outsourced and so he'll use that ongoingly gained bandwidth to parallel expand horizons.

Here's hoping it's a splash follewed by a fine swin and not a drowning :-) ..game of chance .. etc...