Member Info for PIface

We've had shorter/deramper/nutjobs attacking flanks and funding so nice to have these much more professional assessments and all positives confirming flanks are formality and my is fully funded to production at our option which is perfect.

This tipil approval at wk does that clear up at all why production was limited this year there from the last update? Something about being the final approval they needed? Wk is not the main asset but does show and hone the competency of the company and means we dont have to become a cash shell if sell Mt. Its like some people really know what they are doing at EUA.

back to 2.1 now was up 5% on open

Thanks Adam yeah it's certainly well positioned in Oz and you are right exploration company. I think I've navigated this one quite well because I was cautious about a placing but if the whole point is sale or exploration the risks are much reduced or as you say the need to raise funds (but I now think with this proven resource preferable routes like debt are available over placings if they needed to raise). I look forward to the next interview and results. I was looking at today's results again compared to the first 120m away and in fact the grades are often better here, just didn't seem so thick to a newbie but like they implied, I think, with much higher grades in places in the second results and a big spread there may indeed be a "sweet spot" that is both thick and world class grades. I think the staging out results is great for maintaining interest and good for SP, but doesn't settle the nerves any. I could easily see this being multiples of SP though for sure. Plus the fact we now have 2 sets of good results is reassuring. gla

Skim not scheme

I've traded on this a few times and now hold again at 2.1p, 2p broken, but probably been here since about 0.7p with few gaps. Not perfect on all dips but just cautious might be about even. I think the investor event had me a bit spooked and worried if pump and place and why the staggered results. Doesn't seem like anyone here went to event to report if funding was discussed. To me the results today seemed positive but a little mixed on grades and depths but no expert still learning. I'm hoping they are good enough that they will make financing easy enough without serious dilution or invite an asset sale. Someone is mentioning warrants but quick scheme not sure on those but can see a recent placing to fund drilling at lighthouse. Think that's why I'm following the market. Is the interview out yet?

Does seem mental this went down on todays news but it was 30% up yesterday so often follows. Todays news was about Saudi which is on top of Ethiopia. People saying 6-7p isn't justified well the last RNS pretty much put npv at 10p just for Ethiopia which is near production. Can only think maybe some are getting the two projects confused and thinking it's earlier stage than it is. Or maybe just the Saudi stuff wasn't on the radar of some or ramped enough. Must admit I went to rock with my investment for now but fully think this share is worth 10p+

seems like a lot of limit orders on 1p maybe

Volume seems to have increased massively last 10 mins like at peak times few a minute.

People will be going into Rock because the RNS is out and they think the interview is to follow. It's likely people might sell a bit of EUA or whatever they have. I sold a bit of Kefi and joined in keeping all my EUA but some people only have EUA. EUA is awaiting bigger news I think, they are much further on with proven resource and near either endgame or production or a mix i.e. JV.

They have first dibs on flanks because they are adjacent to their mine that's the law in Russia I read. I think Rockfire were expecting a share talk interview yesterday that hasn't landed and they are 9% down. Soon sharetalk won't be able to interview anyone. They seriously need to change policy to just advertise interviews when they go live.

Actually quite a good point that about derampers though yesterday there only seemed lamtree still everpresent. Was disappointing for FARN because they were first listing on the Nasdaq north today at 8 am and fireworks did not go off as hoped. Doubt it was major effect but still not ideal.

Slow day we are actually on top risers board with 11%. I wonder how much LSEs technical glitch this morning affected open trading at 8 am. On my phone I was scrabbling for anything else to check prices took a while. Normally I have a couple apps but have just changed phone. Not good timing for a technical hitch at 8 am.

Was sat on this for a month from £2.20 saw it dwindling got out. Was going to buy back in friday if fell to £2.20. but just decided to get back in now seems like many eggs are in a row now whereas before I always knew the SP crash a while back was unfair. Finnpharma where it at right now.

It was weird and does not paint them in a good light. All trying to create poison without any detail but SP did drop over 5% before quick recovery. Think some more people might get reported to fca at this point - seeing as it's a very easy process that any nutjob could instigate anyway and get nowhere. If they had then that would be worth talking about but all designed to deramp and scare it seems.

So I've put this on quickpicks to monitor having not researched it yet. Somebody said it is obvious why the SP reacts as it does to outstanding news hinting at a negative. Any LTHs able to elaborate? TIA

Makes you wonder if to any extent the BoD subtly let the SP dwindle lately to get more shares, presuming they thought they would appreciate and whether now we will get back towards 4p like we seemed to be headed last time I topped up. One reason I bought in was the fact it looked like a takeover target too so not really any alarm here. You might think paying in shares is a sign of distress but I think all the pressure is on the BoD now to make this finally pay. 2020 should be a good year for nickel ore producers so it's still a hold for me, or speculative buy if you don't hold.

Yes liftoff. Consensus has been Ethiopia places us at 5 to 9p and first read of rns seems to suggest a little more with better funding and Australian universities involved. Then there is Saudi.

Good question Woodstock but I haven't read it. I would say nobody really thinks it has ever worked but it's the best system we got up to now and is actually infused with quite a bit of socialism at it's finest (not tantamount to communism though often confused). Best bet is to try and make it work for you while whatever environmental catastrophe awaits for you. Bit too much obsession with growth for it's own sake of which the markets are a big part but it's up to politicians to lead the way not me, though protest politics are quite big just now as opposed to just democracy. The fact anyone can buy a share in any company actually means the public can own the means of production so could reject a Marxist depiction of the old capitalist reality, perhaps. Then again it does make some companies rather soulless and I actually prefer small business with strong philanthropic leaders in many ways. I have done that in the past but doesn't fit with the school run. There are some types of share I won't invest in on ethical grounds and, ever aware of geopolitical forces some countries I also avoid but I'm fairly pragmatic about how the world needs to keep functioning. I sometimes blunder into the wrong shares but am fairly nimble to reverse out. I would think maybe the world should head towards greater co-operation and the EU has been instructive, but not the answer and maybe run it's course too. Whether I can make money from shares I have yet to find out. I am probably waiting to see if I am lucky and can get out alive at some point.

its all blue on live. There are other distractions in the sector today as the share has returned to being more of a trading item. Not too concerned. Planning for production is like leaving a no deal Brexit on the table, as in your best hand. Or it suggests there is no cash problem like some derampers have been trying to say. Any buyer's shareholders will be happier the nearer the asset is to production as quicker returns so makes sense derisking and progressing it as far as you can. Seriously tempted to add more but I'm keeping a little powder dry for Monday going to trade on some other shares if anything on my watchlist takes or early morning RNSs

I was here for quite a while and sold when it dwindled from £2.20 and saw it reach about £1.50 so was pleased for a while. Now it seems like it wasn't a bad pick after all but not got any free float at the moment. Maybe if it dawdles back down to where I left it then I would find some room to go for it again now the eggs are getting in a row. To me I thought the story was it crashed because some trials failed, but then they discovered they didn't fail so was thinking it would recover more quickly than it did. Maybe that's the problem with being once bitten.