Member Info for sash1991

Well with Matad I knew they needed funds but the Placing price was ****ed up. I have a good average and I'll keep topping up. I dont think itll go anywhere anytime soon so I'll probably chip in gains from other shares on the way.

Back to DM, well if that's what he said I think it's probably fair to say he wasnt in the wrong and was probably just as excited as the rest of us.

But from now on I'm not going to look at any twitter posts etc. Just RNS and interviews.

The most important thing is were back on track and in the blue haha

Marik thanks for your concern but I will never invest what I cant afford to lose.
MR SpaceT, it does give me confidence that they are drilling again and I probably wouldn't have lost any confidence if they had issued a plan sooner. But I guess they know best but lets be honest we know how all these AIM companies operate and everyone's been burned!

I think the only thing in hindsight that I feel DM shouldn't have been talking was talking to buyers, I think this gave a false impression although may have been factual.

There was also tweets that Were ger out that said #discovery and then were retracted, that is either an error or market manipulation.

The failure of the drill didnt knock my confidence it was just how they communicated certain aspects. Even then I have never changed my view that long term this has great potential and before I was saying that too many people thought this was a guaranteed winner.

Didnt help that I just got burned by MTAD like a week before the drop hahaha.

Please correct me if anything I've said is wrong in respect to communications. I personally would like communications through RNS only, followed by an interview.

Firstly it's not deremping to state you have lost confidence after losing confidence for a rational and tangible reason.

I lost confidence because of the way this was ramped by DM. That's not to say that confidence cant be regained for example when the set out the next RNS with a clear plan. It's natural to lose confidence when you lose large sums of cash (even if just paper loss).

I doubled down after the last RNS (wish I had before) but If this is ramped up to the same levels as before the last anticipated discovery I may derisk and take out my original investment. Experience tells me to my heart tells me to just close my eyes and hope for the best.

Everyone has thier own strategy and not everyone is trying to bring the share price down just cos every post inst "this is going to the moon"

Okay cool, nothing official though.

Gonna close my eyes again until the next RNS

Thanks

Got the same problem with MTAD. Can see the long term potential, dont trust the CEO.

Just got to hope they have learnt from this drill and improve on the next.

Interested to see what DM says about next steps. It's also very interesting that they will consider the drill of Tai again.

Yeah I'm trying too :/

You guys are hilarious. So you took we are in the process of completing our drill as we completed the drill days ago and were putting out delayed comms. Something will come, likely next week.

I thought we were expecting news week commencing 16th. Last week they hadn't even finished the drill. They need to do all the sampling and testing. Why would we have results this week?

I thought we were expecting news next week? What's everyone flapping about

Hahaha fair play MrB but that was before the board ****ed us!

Are we expecting news before the week of the 16th

Ffs I'm gonna have to average down and I really dont wanna put anymore money in this piece of **** company

Thanks for the heads up guys. It just seemed so odd to have the offer so low and the share price fall so dramatically.

I think I'll hold and average down if worth it. I do agree that the confidence is well and truly shot here.

But I guess that's the risk with AIM, you only need one or two to take off.

I'm currently enjoying massive gains on kodal and HE1 if anyone has any others I should have on my radar I'm all always happy to be doing a bit of extra research

Just seen I have an open offer expired on 29th. Was this to buy shares at 3.50?

Have I lost out? My average is around 5

So could I just buy at less than the open offer price as the current market price.

Sorry guys if I sound dumb, I've never been in this situation

Not concerned with my average, just wondering what happens when the offer is less than the current share price

Imagine hitting £5! I'd be gutted. I've got a target of 0.80 and I'm out.

Probably timing, keep the share price ticking up with a bit of good news until they can confirm for sure the licence

I'm getting snorkel adds for 24,99€! Must have timed my investment poorly!

The Placing was set low so that they could accumulate shares on the cheap. Will go down further until people jump back in end of the year.

Get out or buy more while it's cheap. But it's not going up anytime soon I cant see

No confidence or reason to push the share price up until next year. Hopefully share price will continue to fall as people leave and can get better average