Member Info for PAUL1DEANO

this SP is up and down like a *****s draws!

Does anybody know how much Venus needs to raise for it’s IPO?

What is the total amount paid out in dividends?

I’m of the feeling I can unwind here a little and return in a few years time when things become clearer.

What target prices should we realistically be looking at in three or four years time?

“ All eyes on the copper play to push us beyond 6p and closer to 8p.”

https://www.venusminerals.co/

https://www.lse.co.uk/rns/AAU/2021-production-results-and-general-update-51wwvu83pe04p9a.html

“ · Venus Minerals, of which Ariana owns 50%, completed its drilling programmes in Cyprus during 2021 and has been completing mineral resource estimates for the Magellan and Apliki Projects, prior to the commencement of a planned IPO in London.”

My question is why pay out a one off dividend instead of investing it into Venus Minerals. How much dilution will Venus gone through and what is the knock on effect of the SP of AAU?

How are AAU incentivising me to remain a holder through all this process, when I am looking at POW, THR and ECR, who are at good bottoms right now with possibly more upside to offer than AAU.

Thanks for the post salty walnuts, I have had a lot to digest this weekend and I am winding in my position and looking for the opportunity cost elsewhere. My patience has worn a little thin and the market can sense these are shrewd operators where the directors seems to make their riches but the shareholder cannot be rewarded for their investment and patience, a one off dividend was not desired. Off the back of that and messing around in the ‘Eastern Hemisphere’ has put me off.

Steady on dear chap, there has been a pandemic, then a govt with its mandates which the people are fighting against and our top boy passed away.

Let’s assess in 24 maths time.

I’ve moved in for 500000, built up my holdings.

Just got to sit back and be patient for five years now, this is the bottom.

"In my opinion the forthcoming dividend is no comfort, its not part of a dependable regular dividend stream, it is a special one off dividend (ok, ok, one of three) which is a return of capital - in other words for an investor its just a shift from capital to income and will be matched with near identical SP drop on the xd date as net assets drop."

This is why I campaigned against it, I wanted the money reinvesting in the company. Does my memory serve me right we were at around 6p when that was announced?

Mind you I dont think this pandemic has helped in any way in raising finance, "Tavsan first production in early 2023? No finance yet in place so the start of construction work of the plant not yet on the distant horizon. Salinbas in 2025? Yeah right, pardon me if I question that one too. "

Plus in some parts of Turkey there has been a bit of hostility to mining, may just be wise to keep low for a while.

Ok this was from 2019, but treading carefully has to be considered https://observers.france24.com/en/20190807-turkey-protesters-canadian-gold-mining-alamos-kirazli

I don't think they know themselves.

It would seem they have gone off exploring in Kosovo and 'land out to the East'.

In terms of this both POW and THR seem better investments and even ECR.

Maybe I fell in love too much with this share but I regret not selling a third of my holding when we were above 6p.

All eyes on the copper play to push us beyond 6p and closer to 8p.

I think the purpose of the chat was to discover if copulating with a woman of a none child bearing age held any interest.

Hey sausage I was having an interesting conversation down the pub the other day, the question was do old people still fk?

I guess you are as good a person to ask, woof woof?

caesium could be a game changer

https://www.newswire.ca/news-releases/power-metals-to-focus-on-its-high-grade-cesium-discovery-897525535.html

I think one of the mines in Canada its roof is collapsing, https://www.theglobeandmail.com/opinion/article-down-to-rare-earth-canada-ignores-chinas-resource-power-grab-at-its/

https://www.youtube.com/watch?v=Sd5ZLJWQmss

So the movement begins in Ottawa!

I guess pig pen is hauling your @$$?

@luckyorange "They have been drilling right through PAUL , the issue is that they are not reporting all of the findings ."

After the results THR have released from their Ragged Range project which has been hit with mechanical issues.

I am beginning to question the results of any drilling done during the pandemic down under.

I am hoping the mines refuse to do anything until their govt drops the mandatory medical procedures and participation passports and leave their people alone and unmolested!

If this hits 5p to 8p come 2025 (inflation adjusted) Im happy with that, I'm hoping that the Alford and Molyhill projects can do that.

I'm discounting the Uranium plays as speculative moose pastures unless the drill results prove otherwise but we are a long way away from that.

“ They haven't done anything for the past 20 years except issue shares , pay themselves and drill. Nicole has been well trained by Billing.”

I had to chuckle there, but come on. One drilling campaign which was not fully complete due to circumstances beyond her control and you are crying out. Progress was made in identifying hot spots or not in this case. Let’s give Nicole the three to five years she deserves with recognition to the ‘pandemic’ restrictions she is working under.

Im not expecting competent drilling results back from any mine in Australia right now due to the pandemic.

If anything mines there would be better downing tools until they have got rid of this awful government and its medical intervention mandates and participation passports. Once that civil war has been put to bed, drilling can commence.

its all about the Cypriot copper play now and how long that takes to bring the sp back to life.

Ah I see as of RNS 7 December 2021 we are awaiting results in first quarter.

But since there is civil strife Down Under, it is fair to say it is a longer waiting game and what is to say the drilling was competently done under the conditions of the 'pandemic'.

I thought Mark Potter had some role in that side of things.

Mind you the site has not been updated yet
https://www.thormining.com/contact-us

Corporate Directory
Directors
Michael Robert Billing (Executive Chairman)
Mark Potter (Non-executive Director)
Mark McGeough (Non-executive Director)

But then again what can he do until all the drilling has been completed at Ragged Range.

However Molyhill, what is going on there to move the project forward?
https://www.thormining.com/projects/molyhil-tungsten-molybdenum

Why have you invested that amount in one share?

Say if you had £40000 in a SIPP to invest more than £2000 in anyone share is suicide.

I am in a similar boat and did the silly thing and went in to nearly 10% but I will sit this out for another five years, it is just the opportunity cost of being invested elsewhere.