Member Info for StrummerJones

Like Wasa.
I am intrigued by these 3 large (assuming buys) just posted. Plus a decent number of smaller round numbered buys in the last days.

So even if worked over a few days. Yes the price has upped by 10% odd in a week. But AIM being AIM. Someone is getting a big wedge (several million quid), at a pretty low price relatively....

MMs letting a big player buy in at a far better price than One suspects they would offer an ordinary Joe to out of the blue try and buy (say), a couple of 100k shares....?

Of course if the momentum isn't sustained buying wise be interesting to see if this extra 10% holds or if it drops back to the high 130s awaiting actual news....

Interesting times.

"simple matter of how they gonna get money".....

Yes..... But the point is; that still many of us (unlike you presumably). Actually hold fairly sizable existing positions.

Bought at far higher averages. On the back of improving technicals. But have been dropped in it by the disengenuous financial messages and management incompetence.

To us. That "simple" matter of resolving the monies is totally the point.

I am convinced you have traded out (and some time ago by your switch to deramping over the last year), and now intend. In the event of a large dilution to buy back in. So regarding your credibility....we are back to my main point last weekend.

For WHOM is it to be a greatest time in RMM history....

You have ramped, then de-ramped, now ramping again this share during my 2.5 years invested here.

You simply talk your book. As such your riddle like utterings are no more that bare faced self interest. Don't try and make it out as anything more than it is Moon.

Everything Moon posts needs a health warning.
During a discussion on his "greatest ever time to be in RMM". I asked him several times how many he held & at what AVG.

The point was to understand if his comment is simply assuming a mass dilution. A price then of a penny odd (say)... Then yes, maybe that's a great time to buy. BUT... That type of scenario is totally hopeless to existing holders clearly!

Moon, as ever wouldn't comment explicitly on his current holding, saying he never divulges that.... So never thus clarifying for WHOM this is the greatest time ever for this share.

Having said also that he doesn't reveal how many shares he holds in his PF. We now though in contradiction ...have him bragging about what 50Million shares in ICON. So Zippo consistency....

Further even to the above. The point is that ICON were suspended for 18 months odd. They had a high before that in the past of 2p. They are now at 0.0145p if I read the data correctly ...
By my maths that's a Negative drop of over 99% ??

So yeah. Buying now (if there is a future there). May well be a great deal. But if you had his 50Million shares back at 2p, so had invested £1Million..... You would now be worth (in £s)....50,000,000 * .000145 = the princely sum of £7,250 !! Not so bright then for older holders to put it mildly ..!

The above makes it quite clear that "best time ever" totally depends on if you bought (in the case of ICON), and possibly RMM before or after any mass SP rerate post any un suspension....

Bottom line is Moon never clarifies for WHOM it's gonna be great.... When ramping, then deramping, now ramping again here, like at ICON.... It's all opaque, and I suspect deliberately so....

Ignore therefore, being my conclusion.

What's the question Monkey....

Will I sell my shares if what..... They issue loads of new shares and warrants was it?

So what's the point in your worst case....

If it suspended at 5p. My AVG is an open 35p for 925,000 shares.

If I didn't sell at 18p, 14p, 10p on the crash down.

What would be the point at well sub 5p, that it's probably to be with huge dilution.

I have nothing to hide..... How about you....

40 posts in a month. None anywhere else.... Surely a smart Monkey with so so much to say has other fish to fry also.....

Very telling!

Why would anyone waste so much time on a share they are not invested in. Posting the same message daily. I read on another board the theory of the paid poster.

I am not sure about that. But it is curious that a simple look at the 40 odd posts in a month past. All are targeted at RMM. Not a single one on another share....

That's dedication to an investment you clearly detest. Areno longer holding, and have no time for.

There are, in the current market. So many good opportunities. Why would one just hammer away daily here?

That's a question that is never answered.

So either a paid deramper. A swing trader looking at a great resource, poorly managed, but with potential to re-enter if one talks it down. Or simply a sad vindictive internet troll.

Take your pick.

Oh, and btw Monkey.

I asked Smartpunter a query on the legal situation of a sale. The outcome may well not be good for holders.

I know that that doesn't fit your narrative of some of us "pumping". But I am interested if his experience can uncover some truth of relevance to the invested.

Rather than simply listening daily to your bile....

@Monkey.

Yep had you blocked for ages after your multiple about (2) faces. Along with Moon and one other account.

I cleared all my filters after that RNS. Of course in your case it's added no value.

You are quite entitled to wait to reinvest if it suits you. I have no issue with that. But I detest your chipping away. As said we know ( those in for a long time). The situation.

We don't need your snide reminders.

As to rpers. You need to read my posts. I have repeatedly said that I try and be objective and dislike those that don't acknowledge the serious nature of the situation here.

But really 37 posts in 30 days out of the kindness of your heart to get people to sell if it reemerges....

Get a life Mr Primate.....!

@Smartpunter.

You seem to have experience in these kind of cases. May I ask. If The asset is decided to be sold. Assuming, given the high grades, strong development potential, plus the likely call ongoing for the resource (etc).

It would seem a breeze for a large miner to pay a rate for it, yes? Remove easily the small (relatively, given the mid term resource) debt. Obtaining a really plumb part turn around and expanding mine for the future into the bargain.

Seems (to an admitted non miner type). A no brainer for a bigger fish....Newgen are also not miners, so won't be them. So if they can't wait. They easy get paid by the value of the mine with lots over,, and the asset moves to.... AN. Other.

But the question is. If the debt is £1, and the asset potential £10 (say). Then legally do Newgen get £5 if it's sold at such a price. Share holders here nowt?

This seems pretty hard. Is that how it works. Seems pretty odd if so. But what's the score please?

I am a technical guy by trade. So forgive the numpty legal understanding.

Cheers.

Laughable really.

36 posts in 30 days from the talking Ape. That's not even counting his newly created recent buddy buddy accounts and those all negative postings.

All 36 extolling the worthlessness of the investment, strap lined with the mantra:

"Sell out all existing holders, as soon as you can directly this reopens"....

With of course the unwritten, but clear as day adjunct of....

"So I can buy in again AS LOW as possible, if it looks even remotely viable given the resource"...

Frankly, all those still invested are very well aware of the difficult situation that the share is in, without this constant dirge... We will all therefore no doubt make our own decisions based on the actual details of any deal (or otherwise). So can't see why you are bothering.

Investors await that detail now still, and that detail is all that counts. I hope to see this soon, & in the current Q....

But how desperate are some people to influence that buy/hold/sell call... hey?

If you are looking for any positives. I guess the constant attention of the well known swing traders may offer a bit of solace, in a funny (though tediously repetitive) kinda way.

Hopefully the new CFO will be galvanising TB to update the market as soon as practicable. Then one way or the other the issue will resolve and all concerned can move on.

Have a good weekend.

@Sharketmare.

Seems a very reasonable post and view to me.
As much as the heady 38p days are longed for by all still invested. The froth that went with it has become a millstone to clear thinking on the likely go forward here.

Nice post.
Cheers.

Been invested here just over a year now. So hardly even a mid term holder I guess.

I liked the resourse and potential. The CEO with skin in the game & not treating it like a personal upgrade cash cow to put a soft top Targa on his 911 etc :-)

Am I disappointed by the seeming lack of progress, and resultant slide of the SP from my now average of 4.03p to 1.75p odd. Obviously.

However.... Are there seeming good reasons in play in this tricky area of the world for the delay... IMO, Yes. Has it also been a hard investing environment in many shares in 2022. Yes & Good riddence to the year for that...

Do I choose to bleat on daily about the situation... Nope.

It's called investing. You take the rough with the smooth and look to the future if you believe there is still a decent case.

Anyone.... No names..... But he who repeatedly has so little faith in a share. But having, perfectly reasonably externalised their POV, then continues to post daily and even multiple times daily as to its worthlessness....

Frankly one switches off to the verbage. Sell out if you hate it so much! You have said your piece. It's a completely boring repeating drone on here. It also makes any fair-minded person look to your agenda....

I hope personally to see progress this year, based on the slow grind that is this locale & others around us. I don't fear for my average longer term. If I did think we were never going to be in the situation to move up ..... Then unlike the FUDsters. I would move on.

Just my take. Back to silence here. After all didn't that famous guy also say something about:

"Keeping your mouth closed if you have nothing worthwhile to say.... Rather than opening it and removing all doubt!"

Cheers.

Hi Ant.

Unfortunately that review end of Q3 22 got somewhat overtaken by the financial bombshell....somewhat!! :-s

Tbh I was happy enough to then with the technical turnaround progress at that point, and the SP solid in the low 20s gave a good base to build on grade and volume wise.... But yes of course .... The revaluations of the inability to run the other side of it were a shock. The CEO and his previous CFO have a lot to answer for on that side.....

But it's investing, and you have to take the rough with the smooth. I have no interest in the Uber rampers and pointedly the deramping swing traders back posting here.

All I want is the official financial statements of the plan from the new CFO. Good or bad. I expect to see this by end of this new Q tbh.

.....and yeah I know how you post. I have no issues with your wind up method personally. On occasion it's good to prick a few of our inflated bubbles no doubt ...

Cheers.

Did I read it correctly, that they have (on AIM), 6 months suspended to action a plan?

If so then we are what, by end of the new month about half way to that deadline.

So with the new CFO working away. You would hope for some news - one way or the other by end Q1, one would hope....

Old Toby owes those still invested some Comms pretty shortly I have to say.....

Cheers Wasa.

Yep I had a lot of eggs in the AIM GGP basket a few years back. As it went up and up in 2020, for reasons of diversity (amongst others). I sold a very largish stake. So sure. By the time it hit 38p, where my average was about 3.5p I missed the top. But had moved on about 80% of my initial holding elsewhere selling in the high teens and mid 20p areas. It was pragmatic, and when it then crashed down to 8p over the last 2 years poor years... I didn't look quite so silly v the pumpers over there....So it's swings & roundabouts.

Most who tell you they always judge the top and bottom..... Well, they are either very good, lucky, or tell lies frankly!

So like you. Am more diversified on AIM miners now. But still think HZM is a core part for sure. Or would have sold all when much higher than today....though this one is not the only option of course.

Those like some of the guys in here that have kept this one the far in away biggest %age of thier PF. Good luck to them. I suspect that it's going to work out pretty well. But then again I thought that about RMM (one of my diverse areas).... And that goes to show, that as great a resourse as one has, and as in demand as it will be...... S*it happens...

Never ever count them chickens till you see the money....

Anyhow generally here. I think this will be taken out well before the really big money is flowing personally. It's a matter (black swans withstanding). Of how much they let us all walk away with me finks. The big boys control it here now. We will pick up the scraps they allow us hopefully... :-)

Cheers.

Hi Wasa.

Quite open about it. I currently hold 375k as a core for production etc. At one point it was (in new money). Just under 600k. But I diversified a chunk on the deal details, as wasn't that impressed where it was going after that as you know.

Tbf it followed as suspected a poor path down. With hindsight - a wonderful thing. Should probably have bought back a largish chunk when it bottomed out at 80p odd, fair does. But by then most of my money was tied up in other prospects etc. That's life.

We are back now at the price of the deal more or less. So no great shakes. However a year on in terms of the on the ground progress it's very true.

I am fairly content with my holding. Pre the deal details and all the unfortunate easing away of control that this entailed. I was hoping for at least £2 equiv and more sustaining now. I guess it will come. But not as quickly as a lot of us had hoped back in 2019 odd. But that's just investing and we all know.

Just my take.

@free.

It's easiest to fear the worst agree. I have a similar worst case for my shares too. I am under no allusions to the difficulties in the current macro climate etc.

But as we are where we are. If one still holds. Let's simply see it in writing and go from there is my attitude. We may be surprised ...?

I have no time for silly pumpers ignoring the critical situation agree. But equally for those returning that have sold for loss purely looking to drive sentiment while suspended as low as possible. Such that, even a passable deal may cause people to sell in "relief", and facilitate their reentry. So obvious .....

I am assuming that very few are hear as good Samaritans purely from the goodness of their hearts ...... But maybe the current crop really are ...... Lol ....

Cheers.

Blue post on 27/9.....

"Yes me too - bought in at 35p and just sold at 4.8 pence - lost £4000 recovered £500.
Boo Hoo.
Thanks Blue".

So whatever happens here, and as said many times. Awaiting the deal/no deal RNS to land in 2023.

Like a few others, from his own words this poster is no longer a "fellow Rambler" anymore. So why 3 months on is he returning again to advise that our games up ..... Emmmm I wonder?

Once again. Am waiting for next year's official Comms. Till then it's FUDster city clearly. Yawn.

My early New Year hope for this share is simply for some official RNS'd clarity of the way forward.

Unlike several of the FUDsters (new and old), that so predictably now walk the halls here looking to drive sentiment as low as they can to (re)enter if a deal comes.

Those of us who actually have skin in the game simply want to see an honest & thought-out pathway, and as soon as possible please.

I will accept what arises and react accordingly, but let's see some worthwhile updates in the early New Year please Toby.

I personally would prefer obviously a positive plan, given the large financial commitment I have here. Even if, as is likely, realistically it comes at a price. So be it. Take it on the chin and carry on. But let's see the detail going on 4 months into their requested trading halt.

I hope TB, with the help of his new CFO thinks on that message over his Christmas break. He has responsibilities for what's gone on here. Both positive mining wise. But very negatively financially. Time to make the best of the latter now please and divi up as best you can.

Cheers.

Seems like, & as suspected it will be into 2023 then before clarity on the financial status comes.

So be it. Let's hope TB has something worth waiting for early next year. Till then there is nothing worthwhile to discuss here clearly, so we can leave it to the trolls.

Bwana (as indeed most of us) was hoping for a decent uplift on such a balanced and steady away RNS.

But little material SP progress today.... However I think it's doing OK tbh. The buys are all still small beer mostly. But the price has absorbed a few pretty big sells and stayed steady.

That's a good sign to me. MMs have negotiated some 142/3p sells for preferred clients of what; 240k, 200k shares over the last two days. When normal test sells of >40,000 go quickly to minimum bid or NT, as I have found.

I assume this is the guys then that got in at the 85p low, and rather than dumping at high nineties like the BB troll proudly declared. Have held on to pick up their 50% odd.

A nice earner for sure. But I do take it as a positive that notwithstanding this. The SP seems stable even with no great buying.

It would be nice to see a bit more of that buying pressure for sure. Hopefully that will come as the build progresses further.

Steady away....