Member Info for sj74

Let's hope we aren't that far from capitulation now.. last time I could buy at the 1p level was 2015 and it eventually recovered to be 4-5p trading range. We have more shares yes but we have a concession, grafintec which is looking good with PFS and ongoing with kallak. We are much further along.

And just like that Sweden has jumped up to only being 4-5% down. They must have reread that article lol

I bet holders here have a lot more shares than they did 5-10 years ago (long termers that is) if it ever got back to the dizzy heights of 50p+ it would make a lot of wealthy people. In Ed's words we have a potentially world-class project, it's how we move through these tricky stages in the midst of another junior bear market which will set us up.

We've had to face a lot of crap over the years from media and the like.. tough to take for a small company.

Yes they've changed it now. Cheers Suzy.

Confusing Suzy.. never good when the market is as it is for junior miners, most are on the floor as it is.

Yes it is Suzy, confusing. Ed was very confident in the interview and I enjoyed the part about 'potential world class project' that's why we bought in. Just a shame the paper decided to make something up.

I've emailed Ed, and the SVT article is incorrect, they are looking at getting it corrected. Poor form from the SVT. Damaging. However to me, the share price is likely to be more down on the likelihood of discounted fundraise.

Looks to me like the SVT has made inaccurate statement to negatively affect the stock. Timed well. Unless the company announces they will now aim to apply in 2025 nothing has changed.

Granted, funding isn't looking too good. Could well be tied in with this article to get it even lower.

This drop is more linked to an upcoming fundraise imo.

The actual interview from ed doesn't mention that and he seems very positive.

The 2025 part could just mean the delivering of the permit and feasibility study in which case we knew already.

Thanks, kind of contradicts the 'timeline rns' for the development of kallak??

According to the company's CEO Ed Bowie, they are now working on an environmental impact statement and a feasibility study.

- By the middle of 2025, we should have both those studies and an environmental permit application ready, says Ed Bowie.

I get the first paragraph as that's what we are doing. It won't be mid 2025 for the feasibility study unless that means the DFS, in which case that's not a delay. The only delay would be putting the application for enviro permit in mid 2025. The article doesn't read that great to me?

Joining SP Angel. To help with the upcoming fundraise is my guess.

Ermmmm 🤣.

Ahhhh. 😞

To the trading week. Looking pretty solid :) long may it continue..

You are right know one knows the potential. When this has everything going in its favour i.e the cycle turns this will be a popular stock and will be hyped like mad. I wouldn't rule out this hitting those kind of highs again, when the market for these shares go parabolic. It's hard to imagine it doing that at these levels but... If you'd of asked the ASOS BB back when this was £40-50 and told them it would go below £4 within a few years you'd of been laughed out of the room. This will overshoot to the downside and to the upside too imo. The people not buying now will buy when this is back at £20+ and everything is sunshine and roses. Just a matter of time.

Nice dream! Nothing is impossible.. between Jan 2024 and December 2024 we could have a return to profitable growth and 3 or 4 rate cuts... Of course it's not guaranteed but that is what is currently In the pipeline subject to massive change in the world of investing lol. But just imagine if that all came in. Will we still be at £4? Not a chance.

Ooh very nice, I really like Cyprus. Have had many a holiday there. Enjoy :)

Yes it's been quite stormy and up and down, a bit like the ASOS share price.

Yes it's unpredictable for sure but can see the green shoots..

Winter sun, where are you??