Member Info for Shedulike

In the nicest possible way Facester if you bought in at £1 you are not a long term holder :) okay I'll give you LTH just not a genuine long term sufferer.

As I speculated yesterday Tamesis are now in the awkward position of having been commissioned to produce a research note only for their very conservative target price to now look like a sell recommendation!

I don't know Andy and not having a go at you but you're unlikely to find the answer in whatever the most recent trade happens to be. We should get the second locked cycle results for the zinc soon and from yesterday's interview he seemed to be saying we have something in addition to the silver which could give us a non-dilutive way of progressing. Also 025 completion should be interesting as even allowing for stopping and restart it's taken a lot longer than 024 so maybe some depth or they've explored something by wedging off again. So I can see the economics strengthening in the coming weeks which the market has to recognise at last.

Andy I sympathise with your frustration but your sentiment seems to be entirely dependent on whatever the last trade was.

Perils of working from home but if anyone's bored there's an amusing compilation on Youtube of some of the many times that, now cliche has been used in films. Believed to originally been used in Drums Along the Mohawk with Henry Fonda 1939.

.....too quiet.

According to FCA Polygon have increased to 3.15% short. Really makes no sense to me as for one thing they're ploughing a lone furrow, I know RB mentioned a possible arbitrage play with the bonds that could possibly put them in a win-win situation. They don't have to notify until by 3-30pm on the day after the position was reached so for all I know we could thankfully hear that they've folded today in the FCA update tomorrow.

Yeah I think they went 16p back in Sep so hopefully a more adventurous target when we hear from Cannacord. Fair play to RB for fronting up by the way, hope he keeps posting.

Freddie did you see the Tamesis research today? Funny thing is we only need an approx 3.5% rise tomorrow to eclipse their price target of 16p! If that does happen their paid for research will effectively be de-ramping :)

Ha ha Lawrence any long-termers will know that with POG an 18% reversal on Fri is very much on the cards! Wonder what it might be, plague of gold eating locusts?

In danger of hitting Tamesis' new target price on the same day they issued the updated research note!! No doubt my optimism will send it into reverse.

Sorry VR94 missed your message. I agree something from these drills has increased the "optionality" beyond just the silver ('just' not a great word!). The end of drilling was something we talked about ages ago as I always feared that their desire to wring every secret of Toral out of that ridge could eventually work against shareholders who would rather take a decent return rather than the project continuing endlessly with further dilution. They have moved in our interests but as ever the slightly downbeat tone of the RNS has been amplified into negativity. I wouldn't say JV has become more likely but they are cleverly positioning us to have options, the worst thing in the world would be to sit back and hope for a sale. Far stronger bargaining position to be progressing JV or offtake options while still having a preference for complete sale.

Congratulations Willco it's been a long haul to see this turn around. Unfortunately I had so many near the top that my participation in the 5p placing only got me down to 19p av so I'm not celebrating yet! I think we'll be hearing a lot more people crossing their average over the coming weeks and months though.

TLS I think the news flow will start soon to be honest and the picture will become clearer as to why we've had this slight change in strategy. J Waite always gets on my nerves but his comment about 'strategic reviews' was way off, they're usually bad news in O&G when a do or die drill has failed. EUZ are completely different, building up a resource model incrementally plus all the other necessary work to make this a viable mine. They are obviously taking a lot longer over 025 than 024 (even allowing for Christmas) so maybe deeper or more exploration with wedging off again?

Going back to VR94's comment he was talking about the economics saying "We've got options, there's silver in there, there's a number of interesting things about Toral in addition to the silver, non-equity scenario's to get the project into development". Maybe some good news about positive by-products to come?

Thanks Lloydy that explains it!!

I seem to be going round in circles on the Proactive interview. Were there definitely two interviews yesterday? One on Vox and one on Proactive or just the audio one on Vox. Thanks in advance.

Okay Newbie - hope something comes of it - anyone got a link that works to the Proactive interview?

Thanks Bricks but it's the Proactive one I can't access.

I have always thought that about EUZ RNS's and it's probably a good thing, no point hyping things up as it will make no difference to the endgame but I think it does deflate many investors when they come across as flat. They shouldn't be a creative writing exercise of course but perhaps a bit more energy would help. Anyone got a link for the Proactive interview that works? I keep getting bounced to another interview.