Member Info for Steve4077

I can see a couple of scenarios for the placing.

#1 XTR think assay results will be good, so releasing them after placing will allow the finance company to benefit.

#2 XTR think assay results will not be very good, so placing now before release.

I think #1 is more likely, as otherwise it would lose a lot of trust for CB in terms of future placings for his various companies. This had to happen at some point. At first I was surprised it was this early, but after reading the RNS it makes sense in a few ways. They get the drilling rigs booked early in what is likely to be a busy time in Australia, they remove any uncertainty about placings (which should be good for the share price in the medium term) and they get a clear run for the rest of the year.

Yes, still NT for me on II.

With interactive investor, you can place and cancel limit orders by yourself. The only time I ring them to cancel is when I (rarely) place a market order with no available trade and it hasn't yet been filled. Basically buy or sell at whatever price you can get. As noted below, if you are quoted a price on a market order and accept, its a done deal.

>> There found ot for you https://youtu.be/hh2iifj9AQE

This is worth a watch for anyone who hasn't seen it. It is a few weeks ago, so things have moved on a little (asset sale, overhang apparently cleared) but it still covers a large part of the company story.

>> Still a solid investment, nothing fundamentally has changed.

Yes, we can all agree on that :)

>> This is just a normal pullback after profit taking

There are always pullbacks after profit taking, but the 11% drop in the first few minutes based on minimal volume was a little unusual. It looked a lot more like a quick tree shake to trigger stop losses and free up some shares, especially as it moved back up again afterwards.

Its been no trade to buy for about 15m now on II.

And now 'No Trade' to buy. Quelle Surprise.

Volume for the last 2 days was 982m and 915m, yet the MMs have somehow taken it down 11% in the first 10m based on 16m volume :)

I've come in during the last couple of days. Only 125k shares at the moment, but will add once more information on the plan for Red Setter.

Its interesting that on many boards, a wait for news normally causes impatience or concern. On here, the slow descent into punning madness actually demonstrates complete confidence in the stock :)

>> this could in fact be the next EUA style rise therefore I'm hoping that 40p + will be possible in time here

This is a really good prospect, but you can't compare share prices across different stocks - only market caps. 40p would be equivalent to a market cap of four billion pounds, whereas EUA would be 1.1 billion at the same share price (currently 27p and 717m)

RMM has a good chance of reaching 2-3p in the medium term and maybe 5-6p long-term (which is still an amazing investment). There is also minimal downside.

It's pointless making super-ramping, fantasy predictions that are more likely to put people off than persuade them to invest. This stock has a great story - just talk about that if you want to attract new investors.

>> can bearly contain myself waiting for this pear of results to land...

Colin mentioned multiple porphyries, so could be a pair of pears. I can hardly bear to wait until the assays pare back those pears to bare their secrets.

OK, the wait may be getting to me :)

Probably the 10-20% crowd who don't spend a lot of time on research.

Fundamentals will always tell in the end, regardless of short-term price movement.

NT to buy on II too.

Another very low volume day. 80m since open and 228k shares traded.

Share price down 2.3% and bid/ask dropped from 6.50/6.60 to 6.20/6.40, yet I just had 'no trade' to buy.

>> Imminently, imminently, everyone's got it imminently!

I appreciated it :)

Colin, as we know you read these forums, in the next interview could you please provide clarification on the most important shareholder question since the definition of 'imminent'?

Bear or pear?

Yes, I think he said Pear. It's the accent - you just have to bear with him :)

(although I am originally from Lancashire so I can't really say anything about Northern accents)

>> If you don't mind me asking, where will you be shifting your money to?

My main holdings are in XTR and RMM. Research is required on both of those to understand the potential. I haven't decided yet where to move the money from KEFI. There are about half a dozen reasonable options so I need to do some more research before deciding.