Member Info for rsproson

"Over the last 5 years, we have privately advanced the Project to the state it is in today.

Having already completed many of the required technical workstreams, #CMET management are now focused on getting the Project into production as soon as possible."

Most companies burn through dilution in the first 5 years with placing after placing. Here they have done all that before coming to the market. All foundations in place.

Full ask paid, then ask moved up. 15.40 paid. Just been doing some more research on this and everything just keeps lining up. EIA seems to be a given but people will wait until this is confirmed - especially any institutional money. Providing it is confirmed as expectations appear to be... surely this is going to go nuts? Like 40p open kind of nuts doesn't strike me as being unreasonable?

Great rns, chart is steady setting higher lows. This is a bigger deal than people seem to realise. It will catch people out in the coming months. IMO.

I think the price will rise when they stop flipping warrants. Does anyone know how many warrants are still available? Tends to be what creates the resistance in the charts, in almost every share. Frustrating as I saw some potential behind the rise from the 1.2p area up to 2.2p continuing if they hadn't decided to liquidate so cheap.

Anyone else been buying today? Decent RNS telling us ewt is just around the corner and the price drops 5%. Great opportunity here.

Getting a bit silly now at this price. Taken a few more this morning. Gold will be going up and drilling program to be announced shortly.

Time to buy

Good press coverage. Marked down on someone selling 40 shares. This has loads of potential here. Nothing else like it on the market.

The SP dropping is fine. What we are looking for is a higher low and continue north. If we settle around here before pushing back up again that helps to maintain a stable rise.

I got in at 22.7p - de-risked at 45p and happy waiting for dividend payments to start up again. Company is doing great financially and expanding.

Yup, I second that. I was buying today at 13.38p.

I wanted to buy more yesterday at 3.2 but held off. Ended up buying today at 3.5p. Ah well.

Shorts getting squeezed today?

The IPO price was 1.475p. Explains the selling down to this level. Bought a tranche today at 3.22p. Happy to sit and wait a few months. Phase 3 trials will bring some upside here.

Our market cap is half of asx/mxc market cap. That's mad. Should be double this price.

It's funny, people get twitchy every time warrants are converted. Share price drops. Then we get a TR1 increase. Repeat. Certainly confidence here though!

Thanks NotMuchinSales - I was doubting my own research for a minute but glad this is confirmed! I understand the BoD have maybe not been the best in the past but I think there is a good opportunity from this level. Have your thoughts changed based on this?

Been in here and watching for a while. Bit of a slow churn but I do feel like something is around the corner for us. Very quiet company in the sense of news flow but when things do land they tend to have good substance and not nothing news like many others release.

NotMuchinSales, I am afraid I disagree with you on a point there about them having to prove they ever made money. I don't think that is relevant. What is relevant, in my opinion at least, is their loss of income due to the wrong doings with the license. So the income they would have had providing things had been done right along with any damages affecting their revenue due to this. I just can't see any law firm especially as big as Dentons wanting to take on a case, never mind take on a case with a no-win no-fee agreement if they didn't expect to win.

I am not sure why you are questioning the no-win no-fee agreement. It is in the RNS here: https://www.lse.co.uk/rns/FOX/appointment-litigation-funding-placing-sut8jsdmpvzxde9.html
Also written about here, just yesterday: https://total-market-solutions.com/2021/02/fox-marble-holdings-plc/

Some good buys coming through today. Was good to see the other day when most of aim was red RBD barely moved and actually got a TR1. Feels like money is slowly moving into stickier hands here.