Member Info for RandyRangard

Morning Cossie

To be honest I don't think from the volume their is anything other than private investor action going on here as the volume has been very low for several days now.

Re Rmm they are going to be in a mess if the financer doesn't go through with the funding, if not strong re open if secured.
Curently suspended fortunately anxiety we don't have here!

https://www.macrotrends.net/1476/copper-prices-historical-chart-data#:~:text=Interactive%20chart%20of%20historical%20daily,2020%20is%20%243.47%20per%20pound.

I thought that yesterday funny enough on the back of some swift movement as it looked on for a huge breakout and thought good profit coming over here. Similar price

I did mean to type little downside earlier from this price! Bloody phone!

Moonglow, a proved copper district would be a game changer. Eua was 0.47 October last year. They have worked hard and proved up the resource and people have changed lives that held. Without a doubt we have seen how rapid this can rally up so lets hope we can get some good info results and discover a little more about what we are perhaps really sitting on.

It won’t hit Eua price as the resource is no where near my point being it has doubters re geographical area (risk) dilution at peanuts it came through it and look at it as resource talks and they have buyers sniffing. For sure we won’t be seeing those prices though. Far higher than 0.27 most definitely you would expect.

Bzt V Eua, whilst Eua has undoubtably got a much larger resource and 1 billion less shares in issue it also came with its own fears and was diluting at 0.015 Nov 18, today folks are pulling in 41.5p on the bid. Aim shows big gains can be made if patient timed right, right calls from the board and a bit of help from Mother Nature with findings etc. Point is anything is possible. From this price you see little but upside unless of course we went under but we’ve progressed well away from that direction now.

Bz

A nice start to the day.

https://www.dailyfx.com/copper-prices

https://www.google.com/amp/s/www.cnbc.com/amp/2020/12/02/goldman-sachs-says-copper-prices-could-soon-test-record-highs.html

Not a problem Pops. There’s a few longer term holders around here to help out. If copper and gold stay high then it’s going to do us no harm whatsoever so long as we have something worthy in the ground. Seems like they once again want to keep squeezing a few more out.

https://amp.ft.com/content/36fe5230-e24f-4fbf-8690-fd211f655347?__twitter_impression=true

It seems to keep wanting to test it, it’s virtually 0.24 now so we could be nearly done again with the fall side who knows.

Yes pops this was our new purchase and what appeared our saviour after Goldfields messed us around for a year with Mankayan. To be fair we earn’t £5.2 million through a non refundable retainer which was kindly distributed @ 8p per share special dividend at the time. In hindsight they probably regret that but saying that we’ve since replaced that team and Colin came on board to steer to safety. Colin outed it to preserve cash flow save dilution and concentrate on Mankayan. He then obviously got a little tip off from and old mate re hope which we acquired nice and cheaply. That’s our new baby and where he sees the real short term value. He sorted a sale on Choco pretty quickly so I suspect at his age he might want to see one final worthy big deal. Let’s see them early assays, Copper is still heading north! Compared to the prices we were at when Choco was milking cash the paper stats look far more positive.

Trellis, I recall you being ill almost two years ago I am sorry to hear things have not improved. I hope you can turn your fate around. All the best.

Afternoon Trellis
I am not sure if I was bags first member but definitely a member but have never held any twitter or facebook accounts. The optimism today is based on developments. As my posting history will show to all, I have been more than critical of the board of directors current members historically and most certainly departing as I have spent hours on the phone to the latter over the years and met at meetings. You can see from my history after the great debacle of Choco and how we diluted this to what it is today and sold it for what the last placing was at the time and now its churning production from all our work and money I was livid and rightfully so. I honestly didn't think when diluting at 0.16 and below we had any chance of seeing my money back, I laid low seriously hacked off and pointing the rightful blame at poor decisions that had trashed my investment, however having taken some time to cool down not look at the screen every day ( months) and take note of what's progressed I have added in another £8k since October.

Manykayan, I am happy with this option and with a world super recession likely I do believe these rare metals will continue to increase and I believe the Filipino government will be far more helpful with job opportunities preventing a few more locals going hungry.
Our 20% I don't believe will be the static asset it has for all these years so as its proved up whilst the 80% sell out was at 50% below book value we will claw it back from the 20% down the road.

Eureka, will be disposed of you suspect sooner or later you would have to suspect as too many pies at present with action in Africa.

We know Colin valued Mankayan far higher and one could argue he could sell ice to an Eskimo if strong grades come back rom Africa and we continue to prove it up we can then only argue about copper and gold prices.

I am not at all happy about my first buy when I was buying with just 59 million shares in issue in the real pennies off course not but we have gone from him disposing of the dead wood, making cuts, installing new great team experience, concentrating on a continent he spent the bulk of his career in and taking this from the borders of insolvency to a company that can be sold on potentially with a value far higher than todays current Sp that's why I am showing more optimism!

Would be very nice to hit the 0.30 today and stabilise from there leaving the 0.20's as history.

Still a gap but currently 25.3-27.8