Member Info for Seingred

Btw the wettest months are oct Nov . We are just missing the dry season.

Yep agree legal. They are going to need another raise to do drilling. It’s just basic maths and reading the words without sexing them up. 8 p a month ago 😂

Tj, no peeps are not blaming Brad for deal going through yet. The crux is his overblown timescale ,not for the first time And the willingness of posters to run with it. Now it’s taking ages it’s to be expected. Yes it is to be expected just as the next dilution is to be expected. The last painful dilution was earmarked for drilling. Let’s see how much drilling gets done before the next placing. These are the critical factors if you are going to invest on aim 😜

Always funny when peeps suggest others shouldn’t invest lol.

10% lol . There is a huge back catalogue of laughable back history comedy gold on here.

Discussions are progressing and negotiations and the finalisation of definitive documentation will extend into June.

Where does that say deal signed doc??

Dr, no they didn’t. Each rns has stated negotiations ongoing. Nothing is signed apart from a non binding loi!

Always best to keep things factual.

Up to you if you don’t care if timescales keep slipping, however peeps that said the original timescales were hyped are more than entitled to their opinion. I have listened all the way down from 40 p people attacking any warnings on over hopeful timelines and share prices and valuations. More time means more money not going into drilling. Usual story on aim explorers. Doesn’t seem to have hit the sp today so I am happy to be nicely in the blue however am staying on the cautious side till we are actually drilling.

It does however show peeps claiming deal signed. Just waiting for regulatory approval know nothing.

The rns hopefully will tell you when things are signed and then there will still be waiting imv

Update is similar to last one. Johnstone o will be proved right and this will roll into aug for sure. Really it shows that Brad probably has little experience of these kinds of deals which explains his nieveity regarding his timeframes. Hopefully deal will complete by the two year anniversary of the progressing to next stage.

Is it a big deal, not massive, always expect delays. Obviously though a cash call will be needed very soon after.150-200 k$ p/ m only keeps the lights on. Cash will need to be raised at around $ 500 k left at latest. That takes us to sept time imv.

Simms, you asked me for a tip for this month, hope you bought some sar. 😜

What form would that take mr 5 posts??

Lools do I smell a pump. Hope so, I would love to ditch my 24 p shares.

They didn’t threaten to terminate the call this time then slim?

Slimbo. You are unusually tight lipped. Virtual handshakes??

Dr, agree majority of aim CEO’s Havnt a great record, that’s why so few actually reward holders . They are gravy trains for bod’s. Did heddle only have a giros worth of skin too?

Lol, showing your age there slippy😜

Hand h. I think you will find a rr or sprott quote that skin in the game is paramount for investing. Just saying. Agree h h I think some of brads comments were on the embarrassing side given r r experience.

Anyhow, doesn’t seem to have done the s p any harm in the short term. Hope for a spike on news.

At least we are sitting with good pog background atm and hope it continues .

I think yet another Nellie was the phrase lol

Hi doc. No not really. It was mentioned as hypothetical by someone and Brad saying measured resource in weeks.

Hi imp, you never know. Sprott is a large holder in outcrop I believe. Sprott also invested in continental.

Collective this year had a strategic investment in its raise. Look at the size ov the raises collective have made then think how on earth Omi can do this.

https://www.collectivemining.com/news-media/news-releases/collective-mining-announces-c189-million-investment-by-a-strategic-investor

Hi doc $ not £ . Warrants are open for years . If they are converted soo. It will be to sell .

In regard to resources, it may well have been estimated using models etc but anybody who thinks that will be proved up in one go or any time soon is dreaming.

Cnr have taken 15 years yo prove up 2.4 oz with 670 oz in the proven category. Spent $90 m and had previous drilling to convert to boot.

Brad says he likes talking and that is true but so far nothing has gone according to his plan. I think the project is coming but months will disappear yet with bur. and nothing to show. Like stones I don’t much will happen before aug at earliest and possibly sept when I expect will be confetti time.

That said, I still hope for a couple of spikes and if he can get his act together, early stage is the only time to be in these high risk projects but it does help if you have respected management.

Sun 4 p gives decent risk reward and I won’t pay much over 4 p.

I would also recommend keeping tabs on Cnr who have a construction ready high grade project in Nicaragua. 2.4 m oz 600k reserves. Similar jurisdiction. M cap 50 m and 18 months into a sale process. It’s easy to talk the talk. Best to wait to see the walking take shape.

In his own words he failed in finance. Hasn’t got a decent discovery on his resume. Omi have had the project for 10 years and couldn’t afford to finance it. Got the job because he is cheap(allegedly) and mates with the boss. Has no skin in the game. I don’t believe any of this attracts investors and although listed on tax the home of mining they raise their cash on aim.

And more elephants than London zoo. It is real easy to get over excited and blow up positive words . I am happy to hold and see how it pans out but I am yet to be convinced by him. Just watch any interview with collective.

Doctor, I am curious how you come up with cash of £1.5 . Bu my reckoning I reckon around $1.25. Shrinking between 150-200 k p m. So the 600 k raised for drilling has gone.

I reckon there is 6 months cash left but will have to raise when down to the last $500 k so would expect raise around sept. But hey there will be 1 m jorc by then😂