Member Info for Skippysb01

Poulden will have gone for a slow and large champagne brunch after the EGM. Don't wait up.

I think considering we still don't know what they have drilled at Red Setter that it is ridiculous to blame the SP on anything other than market forces and risk.

Manipulation is in your imagination.

Don't expect any presentation or new information. It's just to announce the results of the votes.

Any new material info will have to be in an RNS. We live in hope but timing of that alongside the AGM/EGM would be entirely coincidental.

Today is just admin folks.

If the SP knew they had 'hit a duster' then the sp would be more like 0.3p. The SP doesnt know and neither do you, me, anyone of this message board.

You also are not going to find out now. The AGM and EGM will be over in 30 mins as soon as the votes are read out.

Patience is the only answer if you are invested here.

Isn’t it more or less 2 15 minute sessions where they announce the results of voting.

In all those examples the value of your shares would have fallen even without consolidation. Consolidation of itself isnt going to change the value of your shares. What the assays tell us certainly will.

Following this message broad over the last 3 months has been like an experiment on the effects of impatience on the human mind.

Don’t see why it would be suspended….

I think we are certainly on the outside of the range now but 12-14 weeks for assays results could be about right. I think Leanings did mention in a tweet that that was about right.

If they have assay results and they are holding off publishing them for whatever reason it isnt good IMHO. Any material results would have to be released. They could argue they are batching the assays together to build a more clear picture but that doesnt really fly if the initial breccia assays are amazing.

I'm more concerned that the results are mediocre and reflect finding from the previous Red Setter drilling a few years back.

Hopefully wrong about this and I'm willing to wait it out for another week or so. Best case is that they haven't published any assays because they don't have them. I thought the silly RNS reminding everyone that they found some gold last time kind of indicated that they hadn't got more results and were trying to muster enthusiasm for that might be coming.

I note that the EGM/AGM votes conclude tomorrow so don't be surprised if they publish some news between that and the EGM....

Are you talking about an RNS for the consolidation itself/ we already know the proposed terms so no further RNS is required until the EGM vote surely?

Yes.

It cannot be tonight. The Aus market is closed at weekends.

There will be an update before UK open on Monday.

SMTch. I don’t think that’s how it works in aus. They will have had to suspend because the parties are about to sign. It’s to stop insider dealing so would suspend before finalising, allowing time to complete during the suspension. Contracts often have amendments in the closing stages. It’s normal in my experience.

Probably the lawyers from all parties going through the final details. I wouldn’t see the extension as a problem TBH.

Yep. Plenty on here were asking for an update and plenty on here don't like it because the only RNS they really want is one that tells them the assays are sending the SP to the moon.

Back in the real world. They still don't have the assays but they are confident.

That's it. Not something to wet your pants over. Nothing has changed but at least you now know how the drilling is progressing.

It's quite simple. Until Monday this week this message board was very quiet and there were very few trades most days. Now the message board is full of goons.

Everyone who got involved this week is a trader. Traders don't think the news will land tonight so many of them are taking profits and many of them will be back tomorrow because it is highly likely that the news will land before start of trading on Monday.

That's the entire story of why the SP is what it is.

If we get news tonight it will catch a lot of people out but they likely won't care and move onto the next thing.

Ignore, report, filter.

Reading the comments before reading the RNS anyone would think there was a problem with production. There isn’t.

Next RNS will likely be about plant built/tested/producing. They don’t have to refer to everything in every RNS.

LOL. I’m invested in sticks. Safer.