Member Info for Suthy

Once we are producing at least 100 mt per month
that type of PR will start to reach the places and the people we want it too.

I agree with some of what you say, in particular being challenged more at these interviews. The jam tomorrow argument is also one that MM is particularly good at.

However, I do think his recent raising of finance at a much higher price was a good move as he is demonstrating that he is trying not to do a placing. He himself is also planning to put more in at 0.5. I do believe that he is a deal maker and he has proved that in the past. His skin in the game is too much for him to mess this one up.

As for PR I completely agree, we could do with more positive PR, however, I think once we are producing a reasonable amount that is the time to go for it.

I am not sure about defending the share price that can sometimes look desperate, I think production figures and an end to commissioning will see this rise quite a bit. We are not out of the woods yet and as such we have ride this through

I prefer this strategy, MM needs to just deliver now.
A pointless update that everyone knows about is not advisable at this stage.
I am ok with delays because that’s life but he needs
to start updating the market with meaningful production figures regularly to lift this share price in a good way, which I am pretty sure he knows.

That’s exactly what I was thinking!. I had three green boxes at the time.

Thanks, Yes I did! Tungsten all the way.

I am starting to become more aware of the environment nowadays, but I still don’t feel the urgency like they do. Does anyone have any data on this ?

I have also filtered 4 particular posters last week and it is sooo much nicer. Although lots of green bars LOL!

Once this phase of commissioning is finished there is no more stop start and it is all go. My
understanding is that the new concentrator will be in full flow. As Trojan mentions this last phase
is the most crucial.

I agree on the cash flow, however the potential is
enormous and at a very good price. They now
have a proper COO and Finance Director and are
focusing on sales not research. It’s worth investing
in. Their cash balance is also good now, so this could
be very good if they use it wisely.

I think the price point here is very attractive. I appreciate the placing was at a massive discount, however they are restructuring now and focusing on sales now. They have just raised £6m and it’s trading at cash value. I think this a good investment if they can start to focus now using the skill sets of the new COO and FD. This has a long way to go and key stakeholders are raising their stakes here.

What great news.....well done Hayd

Don’t forget me , I have 15m , ( I used to have 18m)

Not if MM decides to sell it off for £50m ish.

and what has happened to the floatation idea?. This GOLD has taken a long time , they have known the JORC results for some time. I think when MM informs the market he will also reveal the details of how he will proceed with a possible farm in partner announced. Otherwise i cannot understand the delay.

I do not agree with your comments at all. If you look MM’’s latest presentation and the ones before, he clearly believes
there will have to be a major re rate in the share price in 2019, once they are producing 200 tonnes per month.
I do agree with the comments that WLFE has damaged us in the short term.

I just bought another 1m shares at 0.514. That takes my total to just over 18m shares.

I know i don't post much on here, but i do monitor the board regularly.