Member Info for Richyptamworth

Nice move up today and it’s really well bid for the first time in a while . Macro story improving with China imports up and copper continuing its rise now 1400 points up just this past week . Re took the 20dma

It’s worth remembering some of the recent fundraises . Asipac (Feng) put $2million In at 4.2p they also added at higher prices than that to take there holding over 8 percent they’ve lost millions on there holding this summer but they saw the value higher up and hopefully continue to do so . The seller whoever it is is just someone with a lot of shares selling . Nothing within the company has changed infact fundamentals improved this past week as copper has risen 1400 points . The value disconnect has grown considerably .

They shouldn’t really need to tell investors the previous raise said the money was for drilling works . So the money was still their for the drilling works just waiting on the permit . People constantly need telling the company has money . They aren’t going bust people need to stop worrying about it . They’ll need money in the future but negative posts constantly won’t help the sp rise and hopefully the next time they need funds it will be at a much higher level

Company confirmed last night at meet-up they are funded for the drill works set out in the rns . Great news and perhaps put some minds at ease . Should be steady news flow and without the trolls throwing placing rumours in should all be positive going forward

I understand the frustration with pace of progress but anyone who’s been around the markets will know that sadly there are downturns to the cycles as well as upturns . When Macro events are clearer people are happier investing and sp’s can become over inflated . When there’s uncertainty the opposite happens . Fundraising becomes harder and people hang fire waiting for normality to resume . For the past 18months we’ve been in the depths of a trade war , low commodity prices and Brexit negotiations . What Sml have done in this time is managed to buy up assets fairly cheap taking 100% percent ownerships . Continue to earn money from cobre (depleted but still very much profitable ) to cover G and A moving forward so they can be patient whilst we wait macro events to improve . The drop isn’t purely Sml specific there’s a long list of junior resource stocks which have fell considerably over this time period . I like to point out Freeport . One of the largest Listed miners in the world saw there Sp fall from 2000 to 850 up until recently where copper has started to recover and they have seen there sp increase . Juniors always feel a lag as copper looks very good right now and tends to be a leading indicator to the broader resource environment .

There’s not a great deal of stock around sub 3p it will be good to clear it . Onwards and upwards then . Copper is up again today nicely above the 200dma and a nice macd cross . Could start to see some momentum towards 2.80

Hi , good to see a large holder. Tony is in town so I’ve been told to tell you to speak to sasha@flowcomms if you’d like to arrange a meet or call. Good to have you on board

https://www.cornwallresources.com/the-redmoor-project

Worth taking a look at the new website and recent presentation

Looks to be breaking out , back above the 200dma . News that US will roll back tariffs with the signing of phase one deal . Should be a good day here tomorrow as sentiment starts to return to the sector

Large after hours print which explains the jump into close , will we see more of these start to pop up whilst the value proposition is so outstanding .

The investor call will be valuable for all holders and new investors . Be good for people that haven’t spoke with James to get the chance to ask him a few questions . Having met him I can say he’s a very valuable part of the team that some may not realise .

Director options exercised at a premium to current share price too . Good to see all this years options now exercised at premiums to current sp . The company know its better for their money to go back into the company . Good to see . They know the true value here eventually the sp will play catch up

We’ve traded at 14p too over the years it’s easy to say they should of raised more higher up . The vice versa would be said tho if they raised 10mill at 5p and the sp went to 10 people would say wish they hadn’t diluted so much at 5 . Company can’t win . They raise when they need to . They have raised lower than this originally and have also raised as high as 11p . Hope you see my point .

It’s easy to blame the company for the sp performance but they continue to deliver on their milestones . The resource is worth multiples of the Mcap . It’s not Asiamet specific as you can see here : https://twitter.com/styledgentleman/status/1180882617517907969?s=21

Freeport pretty much overlays Asiamet chart and they’re one of the worlds largest mining companies . Just for some perspective . When the macro story improves huge gains could be had here hopefully for all share holders . Now is not the time to be selling if you believe the world needs copper because at current prices supply is dwindling as demand continues to grow

Peter obviously thinks the companies value is well in excess of 1.4p having put £58k into the placing at that price .

Totally agree , Tony obviously knows the company better than anyone and he doesn’t seem too concerned . He knows what Asiamet true value is and he’s loved through numerous cycles . Oxians didn’t go from 3mill to billions over night , all part of the journey

Also worth noting that directors and Tony also waived fees from 2018 to take shares instead

Tony isn’t a fan of buying in the market as don’t forget guys , if he bought £50-100k worth yes would look better but the company wouldn’t see a penny . I’m
Much happier with him supporting all the fundraises . Don’t forget he has at one stage put over £300k at much higher prices in .

Nice update today guys . Looks like the mjf infill programme is imminent and we could get more news on two deeps this side of October

Any quick notes on today’s call , I missed it sadly . Noticed some movement north today leading upto it . Thanks in advance