Member Info for swest42

Mood music all points towards attracting a new II(s) to bring the step change. And I think that II will be forthcoming.

Agree MIIF appear to be waiting for ML; all I would say add is when ML occurs, its crunch time for MIIF, they've 'been interested' for a long time now. Personally I glaze a bit when MIIIF pipe up again, but thats my bad.

Agree. Its been a difficult week since dfs, but with continued detailed comms and explaining, I personally feel the clouds are clearing to reveal clearer skies ahead.

And beyond recovering from the shock of the unexpected dip, I feel we're actually changing .. see how KM is coming to the fore - we're getting into long lead procurement very clearly now - hes out and out ops - 'its' happening. imo the 'needle' is switching from less about ML 'ifs', ML becoming a given, to more about production milestones.

Another nuance - the mood music feels to me like we're waiting for instis to DD the dfs, and come in .. theres comments here and there hinting to that effect.

Let the dfs work its way through, its been a lot to digest. The early income streams bode well for example, it all joins up if you study it deeply.gl

They each fall into their specialisms well.

Nothing is a given, nothing a no brainer. However I think it presented well.

So many positive indicators out there just makes our recent sp action here even more unfathomable, ?

Anyhow, lets see what the presentation brings.

FWIW I carried out my intention and picked up some more today for my sins, they're in the bottom draw for now ..

If anything like that NPV can be realised, which I believe it can, this works, period.

As we all know the DM is always right.

ALL sits top of weeks AIM fallers, fair enough. Comment / reason is given as broker has cut target.

Is this a fact or an error, could someone confirm which broker and what target has come down from. Thx

Unbelievably considering how I felt earlier in the week, I'm gonna pick up some more Monday if this price holds. Despite all the endless bumps, the asset stands, the case stands, and it's becoming clear to me that hard rock is the place to be, even better than brines. ML is a given now imo, there's too much traction for Govt to do anything silly. Last statement not made flippantly, based on wide evidence, interviews and so forth.

The reaction to the dfs really shook me, to the point I haven't been minded to post. Provisionally I was actually really annoyed about the 2 crux issues, the increased capex, and extended timeliness, to the point of feeling betrayed. I've been here a long time and spent time researching.

As I've digested the reasoning, I've eased. John Meyers podcast comments have helped (me anyhow) hugely. It might help others. My biggest fear is dillutive raising, it's classic AIM. However it appears we won't need to. I think the 75mill cheque JM refers to was us. We might still raise, but not destructively so.

I think we're gonna be OK, but it's been a really tough reaction to swallow. Really didn't expect to be at 25 after the dfs. No-one did. ATB

Can't speak right now I'm busy reading :))

Wait, I think I hear a tree shaking :)

they won't be mine falling out the tree. Period.

If it went to 19 not 29 I'd simply buy more, but thats just me. Clever or deluded time only will tell.

Jeez

Always happy to here from our fellow investors in Oz

Don't know how HC is treating you, as u can see LSE board is rampant LOL

No worries, to be honest its all been said, we need something to land now then get debating. Avid reading 'soon' ! ATB

I was gonna place a spread bet on q2 dfs release date but got bamboozled with so many date options, so I left it

This price just ain't acting like good news is about to land

We could do with a confidence boost to be brutally honest

Hmm. Its difficult when you believe in something, yet still still don't wan to be blinded. Wasa you shouldn't have written that post about losing a large sum when a license didn't materialise. It resonated with me.

We're good here, or so the storey goes ..

LOL exactly.

Guys, I don't happen to think its quite there. But in the grand scheme a week or 2 really doesn't matter.

However no doubt we are all so keen to get into it;

Neil, can u just send me a draft? that'll do :)))

Hear not here. dreadful English. sorry

Its always good viewing

Being completely objective, I just wonder how truly independent they are. They are self confessed Li bulls, one almost needs to balance it with a 'Li bears' podcast. Listen, I'm a bull, I like them, do we all here what we want to here is all I'm sayin. In fairness as they always caveat, not investment advise and DYOR, so like all sources, not to be used in isolation.

Yep - painfully range bound. 'welded' to 31 :)

I'm just not sure anything is gonna easily shift it in current environment apart from ML

However, post dfs, some more IIs may be able to tick off enough DD and come on board, so rather than immediate rise, a gradual pick up post dfs? know soon enough. DGR still represent a joker in pack, who knows where where they're at, they're not out yet ..

I'm not in it and know little about it other than sounds like not for faint hearted

Another salutary reminder, if one were needed, Blue Orca, about AIM and the sector we are in here, and keeping it real / within limits. Course it depends what your average is over there given recent gains, off topic

Anyhow back to us, so Mondays out - '#strike1' :)

It's good to talk while we wait, and several things could put a total rocket under it.

Here's another tack. 3% tenure drilled, not 30, 60 ... 3. No one talks about that enough.

People talk in hushed tones about 70mT. Sure, if there's not much else 'there'. The data infers something quiet different, deep, widening ore bodies. NH said its the most exciting project he's ever worked on if I recall. Neil possibly a bit of saleman (like many a CEO - KP), however I happen to think we could end up with with a huge situation on our hands resource wise. And I am genuinely excited about that, beyond the first production.

Of course, when we hit resource milestones above say 50mT, refining kicks in, Ghana want it. Then we're off to the races. Just how I see it. DFS next.

Teddy whilst I'd love ur prediction to come true, the market is weak atm. I don't think the retail money is there.

That sounds gloomy, not meant to be, I just think we'll need to wait for ML. I'm hugely positive , but atm market wise, I'm not sure the dfs will be the value accrediting event we crave. IIs will need more derisk to come in imo.

If I'm wrong, then great. Would love to be wrong.