Member Info for Skippysb01

I thought it was a good RNS and gives some certainty that we will have a drill next year. Most likely Q1 next year.

However that's months away and on AIM in particular a SP is often influenced more by proximity to news. SO as an investor there is plenty of time to leave this and invest later. Hence the SP stays low. If we continue to get good news it will rise right through to drilling on speculation of success.

There may also be an element of once bitten twice shy after the miss in 2021 when the SP spiked at about 27p. That and the fact that the company hasn't been able to organise a drill in 2022. So I'm expecting a bit less enthusiasm but much better than the current share price.

If they announce a discovery then thats all going to be forgiven but I see pre and post drill as very different phases for any mining stock, both have opportunities and risk.

It's frustrating having to wait but for me selling now ahead of getting those results back from the lab for Red Setter seems crazy. Even 6 months ago that was always the point of interest for me and now it's quite close.

For balance. Of course, if they are not great results then I lose money.

Well I was encouraged by a 400k+ buy earlier today and half expected the SP to move up after that. Just shows what I know.

Need more volume. Test results for Red Setter get more likely every day now.

Unfortunately OTB, Everest and others - your ongoing promotion of Putins interests on the message board (and wherever else you do this) is too obvious to work. Why? Because just like the Russian army it comes from a central point of control that is incapable of doing any creative thinking.

If you are soooo correct why do all of the trolls say exactly the same things. Even the same words. The common tropes are obvious.

... and so, apparently it is the rest of us who are wrong - somehow duped by the media. What a load of sh@t. You think you know how we think and come to our own conclusions. We think free and vote free. Ukraine and the Russian people want the same - and that's the real reason that Putin is bombing Kiev this morning - he doesnt want the real life example of this comparable happiness being evident on his border as the Russian and Ukranian people integrate and share knowledge of the truth of Putins Russia - stale and contrived, where truth is the enemy and your vote means nothing. It's just another way that Putin and his supporters lose. They just keep finding ways to lose.

Context.

See how the Russians can bomb parks and just miss or maybe accidentally hit big buildings. Kill civilians without remorse. No rational beyond fear. His fear more so than the fear he inflicts on others.

Ukraine can hit with startling accuracy. This is the reason the momentum is with Ukraine.

Putin appoints pigs to lead his army because from where he sits in his bunker he is isolated enough to believe that fear can win in Ukraine. It won't work.

It does. I'm more than awere that all of this should have been sorted long ago. However I'm an optimist and like the certainty that is building - that we will drill in the new year.

A bit too far off to really get the SP moving right now but should get going as we get closer to drill start.

Good RNS.

Crimea bridge bombing was a massive blow to Russia. They did not believe that Ukraine had the capability and certainly Russian top brass will have been told the bridge was well protected and this sort of thing cannot happen. Massive.

Ukraine will have uderstood that retaliation was inevitable.

Meanwhile on the ground and within the context of the reality of the war - mighty Russia not making any progress and forced to conscript to bolster numbers ahead of winter.

There is nothing to do but to continue to oppose Russian aggression. Expect more highly embarrassing incidents and further progress by Ukraine on the front. More pressure for Putin and ultimate the fundamental belief in his governance.

Everest. Before this war started I might have agreed with you but the conscription tells me they just don't have what they say they have. Putin would not go for conscription if he had other options. The Russian forces are in fact in decay and have been for years. Years of mismanagement and corruption. Even the new tanks and talked up missiles seem to offer nothing.

Also - Ukraine can answer anything they deploy. Strategic bombers- they might just start to get shot down. Why would Russia commit to a half arsed effort in Ukraine and hold all the good stuff back and then conscript 100s thousands if they had better options?

Not so sure Party Pooper. Russian wars depend on low numbers of body bags. It's a single red line for Russian - they can nod there heads at the cartoon like propaganda on state TV but actual dead bodies - they don't like that. Expect mothers on the streets - embarrassing. Expect more vocal position as Russian power brokers jostle for power smelling blood. Can only hide the truth for so long. When it becomes obvious those conscripts are not coming home in one piece it will get rough for Putin.

Everest. Seen that video doing the rounds for a while now. Russia is losing literally 100s of armoured vehicles in Ukraine. You have to be smart to use that gear effectively otherwise they get blown up or handed to Ukraine.

Not sure I believe that the Russians have the infrastructure and expertise to build a force capable of doing much against a well organised, equipped and motivated Ukrainian force.

Do we thing we are now entering the realms of possibility for Redsetter lab results? The initial ones at least.

I sense it possible though unlikely right now rising to almost certainly by end October.

M Turner. All of those things can be discussed once Russia has withdrawn it forces from Ukraine. I haven't drawn on your preferred narrative because it is irrelevant during an armed invasion.

The context is that there has been an illegal invasion of Ukraine by Russia. Do you not understand context? Perhaps you can understand the destruction of entire Ukrainian cities and large population of people regardless of whether they speak Ukrainian, Russian or any other language but only because they chose to live in somewhere that became subject to the invasion.

If you invade my house without my permission, I will not be reasonable, regardless of what you think I thought of you beforehand. Think on that. That's context.

Tim wants a deescalation. I agree. Putin should withdraw his forces from Ukraine.

Deescalation with an invading force still in place is called capitulation. Spinning this narrative will not work with the people of Ukraine.

Tim if I decided to move into your house and killed a few of the inhabitants and then said - hey lets escalate - I will stay in your house and we can talk about living together in it - lovely! Well that wouldn't work would it.

To be clear, Apart from my own views. What I suggest is in the best interests of EUA. I don't think it adds any benefit to EUA to consider what happens if Russia continually escalate or decide to go with nukes. If that happens we will never conclude a deal. IMO shareholder interests can only be secured if Russia loses this war - what the optic of that are for Russia is a moot point.

I hope not Scotty. I think the rhetoric is cover whilst planning on how to back down.

On where the borders will be following the sham referendums and annexations - Peskov says the Kremlin will continue “consulting” with local civilians to define the new “state borderline” at some point.

That shows you how they are going to try to make this work. They think they can stuff enough conscripts in to draw a line through Ukraine and hold it and then bargain a peace to keep it that way.

I don't think Putin has a lot of options left. I am discounting the nuclear bluff as if that isn't bluff its kinda academic from that point onwards.

It's clear to me that Putin has massively miscalculated. There is singular belief in the capability of the Russian army from the perspective of Putin and his ultra right/nationalist inner circle. However the singular belief is not compatible with reality. the conscription is such a weak signal to the free world. It says that Putin believes that a jigsaw that includes 2 pieces - annexing regions + adding bodies to the army - will guarantee lands that are protected long term and on lines which he can then push for peace on his terms.

I don't think either of these 2 pieces are possible now.

So the optics in Russia will become - how can Putin convince Russia that this escapade was worthwhile and stop the war? This can't be done as it requires such a diversion of facts v propaganda that nobody can fail to see it. The Tsar really will be in his altogether. There will be blame and repercussions.

Even a very unpleasant post Putin government will recognise how good they had it (if you are one of the few beneficiaries of this mafia state) before this failed endeavour and look to reconnect to the free world. Whatever comes after Putin won't be any more capable of delivering the dreamed of 'greater Russia' than Putin was and any attempt to have a long view on that will be far too visible to the west for it ever to come to fruition.

Putting believed that he had a stronger card to play on European energy and played his joker too fast. Whatever hardships will be felt in the west this winter - they won't come anyway near to persuading the free world to risk it's freedoms for the prospect of a marauding Russian state.

Not leaky. Just collective realisation that results become more likely as we go into October.

And yet it is in fact how close Europe has been to Russia that is the significant contributing factor to these currency fluctuations.

That last sentence did raise my eyebrows. It recognises that shareholders are impatient folk and says - we would update if we could.

Question for me is when does the SP start to go up in anticipation of assay results.