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@lethal.
That did make me smile. You can be an observational wag sometime ...
Indeed quite a few of us mostly accumulated rather higher up. But notwithstanding. At the moment I still hopeful that it will be worthwhile. We will know more of course come begining of October (if not before).
My personal review from 20 months back is due then, and I hope to be in a position to make it fairly brief.
Cheers.
Hi Lethal.
Still holding the shares I acquired over a few weeks start of year. No interest in selling down here tbh.
Will await news for now. As an investor by nature and can see that a combination of no news, plus the higher market woes has pushed this down somewhat disproportionately.
The resourse still interests me. So if anything contemplating avging down tbh. But for now, picking the bottom on many shares is not easy to catch so waiting still ...
As I think I said before. Updates for the sake of them may spike it here sure. But the traders and desperate types will soon see that off. I am patient enough to wait then on substantive news that will hopefully encourage new investors. It's frustrating. But I just switch off from the daily scenery chewers as much as possible.
Cheers.
Hi LL2.
I made a rare post on a totally unrelated BB to here the other day, but that was another that I am invested in..... discussing openly and amicably their issues in the current fairly dire macro environment.
I saw a very thoughtful, and gentle response from a moniker I hadn't seen there before, but half recognised (or so I thought?) from somewhere else.
So I just looked at that guys post history....
Interestingly it lead back to him being invested in the same I3e share that our machine gun posting GGG ego holds as his main base......Small world hey.....!
I could see from his posts, that the gentle soul was getting it both barrels from the same Uber ego as is on here day in day out from my green box volumes... I guess he's consistently unpleasant everywhere then?
Personally I green coffined our hyper ventilating friend here a while ago, having clearly outlined what he was after from his post history, both here and elsewhere early May onwards...
He is a very self centred piece of work, and I admire you trying to reason with him. But he's not going to change his tune or grow up I fear.
He's looking to trade out a largish chunk back to I3e still, and still can't get the price he wants, he's no patience to wait forever a recovery. So is in a frenzy from the volumes of coffins I see daily still I assume?
My other Green box is Moon. Fruitcake maybe, but did at least in the early days have a bit of charm at least. The other guy has none.
Like many. I am happy to see the Q3 outurns when they come like you. I really don't think in the current macro a couple of months of earlier results will suddenly flip this on it's head to 40p frankly just by seeing any results a bit earlier........
I still hold nearly 0.6% of the company here, and have sold none in 20 months, just built.... As I built this tbh as an investment not a flip, and if it takes riding things out, that's what I will do tbh.
I don't chew the carpet like some with a failed attempt to flip 50% back elsewhere, and when that's not worked out attack anyone on this BB as "idiots" that doesn't try and help me get there.....
You have to ask yourself really how brave would these abusive types be if they met one in real life.....
Fact is that as a 6'4" 15.5 Stone ex Rugby Centre. They can take their chances .... ;-)
Cheers.
Element of truth?
Most of my metals that are well in advance of here are getting big downward pressure. Ones with turnaround & now great recovery levels.... Ones with huge resourses and strong JVs in great locales, Ones with even larger resourses and full finance..... Also in decent locales ... And so on.
This is the market right now sadly. It's Bear as we all know ...
So although since buying in here and building a position end of last year. This share has been totally anonymous in terms of progress, any comms or any BOD visible move forwards....
I am kinda glad in a way!! As given the above mentioned cases. Anyone really think in the current macro that this one wouldn't have been slaughtered too regardless of any good news?
Just gotta tough it out IMO, and look to the longer term and the resourse. Not much else one can do here....
Regards.
Fair points @xenor.
But isn't it also simply that to rise as we would all like, and as the taster today of the grades & output now may justify and backup....
Like all shares we need buyers. Plenty of them!!
May very well be that the current lack of transparency of costs is a major factor, Cu fall etc etc.
But looking around, there just isn't that many buyers in the current climate to go around in the sector (or many others).
Almost everyone is sitting on hands or selling out of market fears.
We have just got an unfortunate time to really turn the ship around..... Just as the tsunami is luming on the horizon.
What to do? Not much we can, but ride it out...?
Oh and punch in the face the next person that claims....
"it's a bargain buy in price"...... Grrrrr ;-)
Share price here has been rubbish since the deal, no point sugar coating it...The resourse hasn't changed, but now we have a bear market driving everything down also.
One of my other metal shares has just delivered the initial ramp up results everyone wanted, and it's gone no where this morning... That's just the macro environment now sadly..... Unhappy with the SP there also. Too right. But they have now proved that they can do what they said they would, and that's all they can control. So fair play ...
HZM is much further back from them. But hopefully will eventually justify the deal that a good %age of us LTH were skeptical about way back ...... But its going to take a long while now realistically am afraid.
100p (old 5p) to buy now. Been in 4 years pound cost averaging for those years to get to my AVG of 99.97p....
Should nee of bothered and just bought em all now hey ...... :-) :-)
I still maintain my long stated review point for this share of end of Q3 progress from first investing late 2021.
So that's not to throw my toys out of the pram if it's not at 60p by then like some.. But rather to see how the 4 months upcoming output trend is looking for the future.
I only have 2 Green coffined individuals on here. One a clear and proven by his own posts pump and exit back to his first love share with a big chunk of his RMM shares sold as soon as possible to catch that upswing (perceived) .... Hence assume from post responses I can see he's chewing the scenary to get this one up fast then... The other our nutty boy ramper turned deramper. Not my types both .. Hence I choose not to engage.
The way the Marco markets are at the moment I have no illusions that progress SP wise will be slower than we all may like. All Rambler can do is set the tonnage and grades in the right direction IMO. If it takes time for the market to pick this up . That's just the way the world is now frankly.
Buying volume v selling volume dictating where the MMs make the market.
With all going on in the markets overall though.. (& the world...)... Plus the past hicups from the company...
Buyers, even at this low price (for the asset) need several months of rising results to be convinced it seems.
There is also a seller out there. Happy to dump at even these prices. Plus the usual trading types who buy at 22p flog at 27.. and repeat..... Etc etc.
I am working on the premise that results keep going up from the May output. Plus the seller exhausts, and the buying pressure exceeds the day traders.....that is simply key.
We will see. 4 months from now and if the company hasn't at least held its end up..... May re-evaluate... but till then... Let's see?
Cheers.
A very pragmatic and reasnoble view @top.
My personal and long planned share review by on my investment here is coming up. 1/10/22. I still hold a decent amount here, about 0.58% of the shares in issue from first buying in from end of 2020 odd.
I am hopeful that after the May figures, this can now build through the next 4 months gradually output wise.
Good throughput maintained, plus key to me of upping of the Cu grades is what all of us want to see.
The endless pumping and speculating on this BB of near term nailed on SP price rises isn't very helpful from a handful of individuals tbh. I ignore them like the loony squad de-rampers of the past.
Company can only deliver well now, and ride what may be very choppy macro economic headwinds from here.
I hope to see Q3 come and go & with solid progress building on that last May update. If that occurs then the SP mid term will hopefully look after itself.
Regards.
Good luck Cornish... Your posts are one of the key ones I looked out for, simply for the industry understanding. There are lots of "experts" about. Mostly in finance or optimism/pessimism. But few actual SME's on these bb's.
If/when this one hits £1 please drop back with a smily face.... We will all owe you! ;-)
Whatever the merits of Rock and its PF of assets currently.
The Earl of AIM is, as I am sure most all recognise, a pure AIM trader of past repute on many shares. He is known for it, and his zillion post history is testemont to it....
If anyone invested or new here really takes his pumping seriously, they need to be aware that he is one in a long line of those that will be long gone after the first real rise.
Needs to be said.
Just saying....
As a few of us said earlier. Let's wait, and see his next move here.
His opening gambit today may have been forced. But very short on innovation, and displayed little feel for the overall needs of the position tbh. Nor did it assuage the coming middlegame complexities.
MB can pull it back for sure, but only by articulating a sound and well plotted near term strategy. Is he up to it....
After today.... The clock is ticking.
Sorry Picked, your right. No one would see the Premium Bond comment and the list of world events as at all patronising....
Leave you to it bud. But maybe you too need to reflect on what you said....
Agreed Hazbeen.
But I didn't say they were. I don't pump my other investments on here...
Fyi IMO, and as stated after the ACP RNS..... The plan outlining going forward is a must. How will they agree offtakes, get finance etc.... The Comms there leave much to be desired. Again, as I have suggested..
As to RMM. I have a review date of end of Q3 to assess the progress. They have a strong asset, are mining it. But it's a turnaround, and they need to start delivering a good couple of Qs of decent output. Do that and it's got legs....
So no all not rosey there yet either.... And I haven't pretended otherwise....
So your point is ...... Emmmm.. no point?
I have been totally honest Picked about my holding here, and its movements unlike some. My view of the deal, and the progress price wise (or lack of it) also.
Don't need the Ra Ra speech or the patronising from some of you frankly. I have held investments since the mid 1980s. One share for 36 years (1984 - 2020). So fully understand a waiting game ( though that was for decent Divi's not growth tbf).
So will leave you guys to big it up as you wish. Apologies for trying to be objective.
Didn't read much in the way of the plans going forward though Wasa. Assume we will have to wait for that. Market was underwhelmed clearly.
I have patience as you know. So can wait. But just be nice to see some briefing from the top here on the go forward this year.... We won't get lots of new investors without a bit more dynamism from the top IMO.
Plenty of buying ops here today if you don't hold many that's true. For the rest of us a further leave it and ignore the poor old price once again...
Looks like some more big volume PF "realignments" selling going on again this week to knock the price down .....
Breaking ground certainly not troubling the general market buying community for now that's for sure...
Read the RNS and reread it.....
Seems a bland summary of a pretty uneventful year, devoid on any real meat for now & going forwards....
I can only assume that either there will be something more worthwhile coming soon on this year's plans and progress. Or the CEO is hoping to send the wavering types running so he can further increase his personal holding at the reduced prices.
Many have complained on here about the lack of Comms. If this is what's in the past year summary. Perhaps people have a point.
From the smatering of buying after the so predictable MM response. There are still good buying ops here. But would be nice to see a little actual material progress though to inspire a bit of new interest surely....
Hi Hydro.
It's going to be interesting to see this one by next year I do agree.
My slicing fyi on the way up in 2020 was due to 3 things: I wanted to pass on some of the good fortune to my kids, I saw the price inflating fast and have to admit it seemed unsustainable travelling at the rate it did in late 2020.
Lastly though, I had invested on the larger markets for years. But was new to AIM then, and wanted to diversify as well with funds into what I saw as interesting "green" metals... Ni, Cu etc. So I took the option to sell 80% of my holding in the high teens, 20s and low 30s to invest elsewhere.
The failure to sell my last remaining 1.5 M GGP shares at Xmas 2020 for the offered 37.6p..... yes with hindsight you very rarely get the opportunity to sell right at the top ..... I had it and didn't press the confirm button ... So yep still bugs me. But my own fault no one else's.
Now stubbornly holding them to see it through as a result....
So my story is great fortune (luck) here. Plus a missed opportunity... Now though mainly following my green metals with interest, and leaving the small rump left here to see if it can ever RE(mature)....
Cheers.
No reason to fall out Wasa.
SP is depressing. But is what it is....
I know very well your value add, & respect that. You bring 100x what I can to this share....
But I am Chess player, and a pretty good one tba. So appreciate, process and logic decrypting & anslysis..
Therefore I don't like the "oh no funds".... Then suddenly "oh.. Bought a Million"...... That's naughty, and doesn't hold anyone in a good light.....
Better to not post the big buys, and trade as you see fit IMO.
But whatever. Conduct as you see fit.
I still value your technical opinion.