Member Info for sj74

It's fully acknowledged but I'd rather buy a stock on life support with a chance of a turnaround than one at the top of its game and at the highest SP. Each to their own though.

Can hardly say the SP is diving, it's not gone anywhere but sideways for over 12 months lol..

As you say, something else we aren't unfamiliar with :/

Don't they break up for summer in the next week or 2 lol

That's why we are invested as we believe it will come to fruition but yeah you'd think they wouldn't be to happy letting 30% of the company go for peanuts. MA opportunistic purchasing. Can't blame him! After all we did the same lol..

Now that's when things will get interesting here.. With the forecast significantly marked improvement and return to growth. Frasers will end up very close to Povsens holding total.

Boohoo are doing the same so I wonder if it's being done on advice from their big shareholders I e. Frasers and Camelot. I suspect so.

I see where you are coming from but me personally am quite happy with the 6 months updates to show the meaningful progress. If the turnaround comes to fruition then soon enough the market will take notice. We don't need to know unless things aren't going to plan or guidance is being missed otherwise crack on. I reckon they will go back to quarterly updates in FY25 onwards though as that should mark the turning point and significant improvements to the last few years or so.

It was actually around £5 then it had a run up and hit £10, so 100% rise in a month or so. That would make us at £7+ pretty crap really.

I suppose when the last bid was made for c£10 a share the company was in distress even more so than now.. but that wasn't really a premium was it. It would have to be more :)

Decent day today, nice to see the graphite side of things add some value. If we are lucky, we may get a positive kallak court decision soon, along with test results from kallak and we may see us back above 1p (pre consolidation) lol

Seriously though this is the type of news we need on a regular basis to get the momentum going :)

Very good news Eric. Should hopefully make for a compelling PFS :)

Eric, our priorities definitely weren't first and foremost. It was just a case of get money at any cost and it was the underwriters who dictated a lot here as we know how the funding announcement was made and subsequently carried out. At least progress is being made now though...

Makes perfect sense 😂😉

Feck knows what the last sentence said lol

I think it will potentially have an effect in that the rate reduction cycle will have begun thereby these types of stocks will gradually see the sector rotation start to happen after going sideways. Along with a turnaround that (hopefully) goes to plan will see this start a gradual upwards move... But I do agree it could be a while and not the easing cycle before huge against come.. hey ho :)

We will see. The company has said they will be returning to growth starting this quarter and into FY25 onwards. So far Jose has Been right with what they have said, so let's see.

Yeah lots going on. Only thing I'd say is the PFS could be delayed until Q4 to allow the infill drilling to complete and results processed to feed in. Otherwise lots happening, good to see.

I see it as a good thing. Tackling the potential issues and mitigating any future repercussions from Sami villages or environmental permit decisions etc :)

During the visit, three representatives from Unesco will, among other things, meet the mining company Beowulf Mining, representative of the three Sami villages concerned, make a site visit to Laponia and the intended mining area.

- We want them to be able to take part in all relevant perspectives and meet the actors so that they can make an independent decision about the possible impact on world heritage

Sept/oct time.