Member Info for StrummerJones

Strikes me personally. That this is a share you either believe that it's got a resource/potentisl that's worth waiting for.

Or conversely you feel that the management isn't up to exploiting the situation (ever), nor working with the tough macro head winds, that they are not likely to have the suss to deal with the African political drags then....

Clearly both views have their supporters. It's perfectly fair to point out (for example), the radio silence with this share, and that's frustrating to all, of course.

Personally. I have acquired a medium sized position (for me), and see it as a (semi) educated punt still tbh. But like all of AIM still a wait and see agreed.

I believe that if/when it starts to move forward though. Then the prices I have bought at, 4s, 3s, 2s & 1s. Will, in a couple of years look a very decent investing range.

If on the other hand, and like the large majority of AIM "wishing" companies. They aren't up to it.... Then it will turn out a bum steer. I will have to accept that.

I can't tell as yet tbh. But I am at least considering now, that if this fails it won't be for the usual AIM "lifestyle" BOD to upgrade their Porsche'. Nor for I think dishonestly juggling the books as I have also experienced.

That's just my take, and why I remain invested, and adding a little as and when down at these price ranges.

The regular negative posts here I find a little odd. If people have so little faith in the current line management. Then by all means say it. It's a free bulliten board. But if there really is nothing positive to this one. Why not justmove on?

Or at least await a worthwhile piece of news to vent your spleen.... Or maybe even after that, admit it's got some legs.

Some "investors" seem to have too much time on their hands, that if they have so little confidence here. Would surely be better spent trying to make some monies elsewhere.

Just my thoughts.

No Free.

Just was looking at something else. Noticed the spread here, so just did a bit of testing out.

As said lots to go to get back where we were even 18 months ago.... Offered 9.98p old to sell 1M.... Refused it of course..... Doah...

But let's see....

Cheers.

Moon doesn't do specifics. That way however it rolls he can claim he is right. That's his modus operandi for 2 plus years. Won't change now.

He's irrelevant anyhow. The only thing that matters is what deal (or no deal) brings us out of suspension, and on what (if any terms).

For those still invested it's a wait till then. For those not... Well no idea why they would waste breath posting if not engaged still.....

Earlier today with the spread at a defensively wide 114 - 119.

The MMs on a test sell would take 40k shares off me at the lowest bid of 114.

The spread has tightened a few minutes ago to 118-119.

Normally that means they would refuse my 40k sell query. But in fact they offered me the full Ask of 119p to actually sell 50k shares ?

I am not interested in selling any down at these low levels. But it's interesting that the market makers seem to have buyers, or a volune buyer, such that they will give me that full offer price to actually sell now.....

Just been looking at other shares in my PF. But came across this anomolie on a few test trades, & thought it may be of interest.

The SP needs to re coup an awful lot before selling properly interests me personally. But at least presently it's moving in the right direction.....

Truth is we both want ROCK to do something worthwhile, and the dire SP track record to reverse, agreed.

But personally I find it rather strange that the two Cu prospects that were so heavily plugged by many Am Geo types (as well as the management here). Has come to so little in the last 2 years..... Nevermind the original Au find.

The Cu grades were very poor, the then lower drilling touted pretty much ignored, and the second prospect not seeming worth following up despite Cu being a likely big selling point?

Again, & when some of us commented on the above we were shouted down. No no, the low grades are fine if on enough volume and Open Pit.... Then a change of tack to..... Actually the far deeper layers will be the main ore body.... But no we aren't drilling there to prove it.... We are off to Greece for a new opportunity..... Emmmmm...

The whole thing to many of us non experts smacks of Obfuscation frankly....

To develope a mine like the one discussed coincidentally on RMM takes what.... 8-10 years. So the money here has to be in pricing up something and selling it most likely I would have thought.

Wandering off and leaving the Cu prospects for a new Zn play maybe a stroke of genius.... But most of us, plus Mr Market don't quite see it as yet.....

Let's hope your optimism is warranted. But hopefully you have also learned a bit of a lesson here..... Making, sure fire imminent incoming SP predictions only gets peoples backs up!

Been vocal in my praise for the RMM CEOs ability to turn round the mining aspects there, and further uncover the 2% Cu grade etc.

Been equally balanced I hope, in my distaste for the way he has miss lead the investors there on his appalling financial management, that's been recently uncovered.

A stunning inability to make the most of the super strong resource by hedging at the right point, and even worse not managing cash flow remotely ... All that's been acknowledged by many of us invested there tbf.

Not sure then how that's remotely relevant to the crushing lack of progress (and SP decimation) here in the last 4 years....

Or are you happy with how it's all gone.... ?

"try harder next time boy".....

Hillarious,: coming from the man who led the ramptastic valuations imminently incoming for a couple of years now. None of which (quite the reverse) anywhere near....

This one has been a lifestyle share for DP for far longer than any upcoming recession mate....

Been invested here now quite long enough to see his butterfly approach to the various prospects. You can't be caught out if lighting your feet is his mantra clearly.

Oh and btw, how's your 3p coming next prediction on the back of the now seeming forgotten Cu "prospects".....

No lectures from you needed my friend!

These "broker valuations" always make one smile.

Reminds me of quite a well known newspaper cartoon that did the rounds during the last few recessions.... Viz....

A rather irate man, standing in front of his house next to a For Sale sign that's covered in cobwebs....

Caption read:

"Perhaps the professional who valued my house, would like to come and buy it !".....

Gallows humour seems all that's left the way this share has been managed for the last 4 years tbh.

Hi Bertie.

As said before. Not interested, or have the time for another forum tbh. However as also mentioned. Still hold between myself and my wife across 3 accounts, all told 925,000. Which I make about .57% of the current undiluted base(?).

If there is any value to counting them in your numbers as someone who clearly favours a "sensible" way forward for existing holders. Feel free to add them in.

Cheers.

"Well I'm living in this movie, but it doesn't move me!
I'm the man that's waiting for the phone to ring.....A ring a ring a f***ing ding......
You know me I'm acting dumb dumb, you know the scene its very humdrum!
Boredom.......Boredom...... Bdum, Bdum....!"

(The late, great, & sadly missed Pete Shelley / Howard Devoto).

Sorry typo in my post. AVG on HZM, new money 99.97p.... which it was 9.97p !

I average (after a few recent buys). 4.03p here, and still also hold a pretty fair number of HZM from some time back. Apposite to Wasa' comment at (new money), AVG there over 3 years of 9.97p. after it hit £2 equiv many months back, and I held on. Never thought that one would see me back at base camp..... Hey ho...

However. Tbh I am fairly confident that by 2025 both there and here. I will be more than in profit. All being equal.

As an investor. I am happy with that timescale. But coming to realise traders not investors rule very much on AIM...

What I would say though. Is that even having been on the main markets since the mid 1980s. But only dipping my toe in to this cowboy country in 2019....That AIM has taught me such lessons in the last 4 years.

Prime of which has to be that; it's not a rational place a lot of the time. Sentiment and herd mentality can cause a stock to go ape (GGP...), And reverse ape the year after.... just as fast.

I respect Wasa a lot. He talks good fundamentals sense IMO.

But .... I think he's also been a bit taken back by the price on a few shares moving about big time on AIM that doesn't always follow the resourse potential and logic.....

AIM is a traders platform for the 10%ers big time, In think he will also see now? You can win big if you stick it out on good shares. But it's not as easy as the underlying logic would dictate........no sir.... Just what I have found...

Regards.

@know.

Fair points, as said, am now in two minds on his removal at this time.

Tbh. I am interested in the share distribution needed to vote up or down, and/or remove an incumbent also.

The way I read it. Between just us two for example, we own about 1.4% of the current shares in issue (pre dilution). So to get to (say) 25% of current, would only take another very few tens of PI's potentially.

Am aware of large holdings from some insiders to the current regime of course. But even so. Suspect there is a strong PI base that may have a say here still.

Anyhow. If TB was for falling on his sword after that horror RNS. He would for sure have done so by now. So I assume he's looking to stick it out.....

In who's interest, is the $64,000 question of course.

More anon then, one presumes.

Regards.

@Stan

I have been of the view, that as a Chief Mining Engineer TB has done a very decent job in the 2+ years I have progressively added here.

But as a CEO (where responsibilities to his current share holders for financial control is clearly a major part of the role.....), he has been shown very much out of his depth despite Loons nonsense....

As a result my view, after that terrible RNS, was that he had to go.

However.....Thinking more on it in recent days. I half wondered if the disruption levels of a new CEO and BOD ( we already have a new CFO) may be a bit too counter productive right now?

The above more charitable view on him has of course the verybig caveat....... which is of coursr that he is now desperately trying to organise a deal to avoid destroying all our old positions. Or at least making the best of a bad job.

If however, he's simply clinging on, so as to rinse repeat a big dilution and in effect start again......

Then he should go now, and accept that he's not capable in the higher role.

Just my view.

Cheers.

Cheers

This view

Crikey.... @know0.

Read this BB a couple of times a week to just see how the wind blows in the difficult times.

Lots of words mate.....?

But nowt much matters other than what's on the other side now.

Still waiting like a lot of us.....

Regards.

Not all sales. Usual thing on AIM, with offer being set below mid point. Therefore recording incorrectly as sells. Know this, as still quietly adding.

Cheers @Mad.

Fyi. I still hold 0.57% of the company. Until and unless further dilution occurs of course......

My honest thought is that dilution will come sadly. I can't see how they can not encompass it and meet their commitments still.

In terms of other forums. With a number of other mining (and unrelated) shares, and this is far from my day job, frankly I simply don't have the time for those specialist forums.

However. If guys that do are organised and asking the BOD good questions, and it came to adding up the shares as a block to approve or oppose something. Then I think if you read my posts here you can see where my support lies.

Have said it before, but it's now far more acute. TB and co need to prove that they can reclaim the ball they dropped big time. Assuming of course that they have been honest with the mistakes made I'll be the first To be happy if they can.

Enough from me for one weekend.

Regards.

@Mad.

Nope of course not. Company is doing it's own job of snapping it's future, for better (or worse!). In most of our eyes decently technically to date. Very badly in terms of its ability to monitor and control costs obviously.

If you have been around this share for any time then today's exchanges simply illustrate (to me at least). The games that have been played by the Loon in chief. Perhaps your right. He gets far too much attention. But these "best time ever claims" needed debunking from the POV of existing holders frankly. Least some still see him as some kind of guru....

May I ask you about TB though. If your discord platform is in touch. Then how (if it's possible), as a CEO (note, not a chief mining technician) has he at all justified allowing the company to reach this perilous state?

As a large holder still here, I had/have a lot of time for him as a mining engineer, and the work he has done over the two years I have been invested in that area.

But frankly financially I can't see how trust remains, and how he can remain in whatever regardless of the context this pans out in. He isn't a competent CEO....

His ability to run a company has got us to this point. That's what hacks a lot of people off tbh.

Anyhow. It's suspended. So he's now got to come up with a plan. Not just for new investors down the line. But to satisfy existing shareholders whom he has let down badly so far.

Cheers.

@Redkite.

And suspect that he's right. As I said below. If you hold no shares, but are prepared to wait to see the financial fallout. Then there will likely be a very nice investment opp for when demand for Cu really kicks back in.

Which frankly, is exactly how many of us saw it once the mine was begining turn around a couple of years back.....

Fact remains that Mr Moon's true colours are clear now. He spent ( during my time invested here at least). A year pumping it like mad. Now we assume selling out and rebuying on every spike and drop.....

Then a second year talking it right down. Despite the clear technical progress. During this phase, you have to assume he had made his profit, and now wanted the price as low as he could to try and get to buy back in....

Just so happens that Mr Bradbury was (presumably in ignorance of most all of us, and him!). Doing Moons work for him by totally f*cing up the finances alongside his strong technical work sadly....

Great for Moon if barely invested, and makes sense now of his volte face on the share over the last 2 years.

Like to be a fly on the wall now, given what Moon has said today on that "chat" with Know0. Since if he is also to be believed. He holds now still over 1M+ shares here.

Moon may not care about the fate now of his small remaining pool. But am pretty sure Know0 won't be too happy them being turned into confetti at the alter of the Moon ego and his duplicitous strategy....!!!

As ever. On AIM. Trust no one. Especially pumpers turned dumpers.....

Ho hum.

@aubery.

Exactly. Moons whole view is looking at someone with no current shares. After the dust clears. Yes invest in the new financial position cos it's a great producing resourse. That if run financially prudently can make a lot of money....but, for existing share holders like most of us.... Maybe Moon just has cash now having traded out his past shares(?).... For existing large, medium and small share holders..... How do we see the long term benefits of the financial miss management means we get wiped out.....

He, and his ilk ever addresses that one. And it's the biggy...