Member Info for swest42

I hope its much ado about nothing regards the dates extension. But I don't like it. Vincent played a straight bat. I like straight bats. Buy the shares in the next couple of months, or don't and lose the option. It's quite simple. Goalposts. Fixed.

I feel we're exposed at 40 to opportunistic lower bids and discounted placings. However I think the speeding up of drilling and asx listing are the correct action to get the value out there and get us away from those risks, the quicker the better.
Second point. I'm a little troubled about the extension of the option date. It implies lens wife thinks sp will continue to fall? Why the indecision. Not confidence inspiring. I don't agree with extending dates, feels like a free hedge at our expense. or am I misinterpreting.

Times are hard atm moment, not really in dispute.
However, with those extra rigs .. I just a have hunch we're going for a really substantive res update in order to bolster the pfs to the max.
If we can get a 4 infront (I know thats pushing it) then pfs with a good spod figure, coudl be very special. Despite obvious poor macros, I confess I still feel excited here.

it is.
if one has conviction about in the case presented, then its a matter of shutting out the day to day sometimes.
The rigs are spinning. Resource update. PFS. everything else follows

I did wonder if an rns might land letting that fund in at a discount to current lower price.
hasn't happened, so it just looks like wider market pull back

On difficult days like these. It's time to keep head down and keep drilling.
Value rises eventually. Is it difficult. Yes.

Just checked in for first time today been busy
what we thinkin, just wider market ?
Needless to say I'm not selling, unless fundamentals change, and if anyone has any news on that front do feel free ..

I find the GS article arrogant, insuffiently researched, and consequently wrong.
Where on earth the pluck 16k from is anyone's guess. GS, give us mine specifics with production figures please, else leave it alone. If they can justify oversupply with details fine. Others have done the analysis, and conclude deficit. I'm with the latter.

same ball park figures from me
I've always said, be mad if we ever thought of even considering a bid of a quid, no need to even consider it
In the fullness of time where the 560km2 could end up is anyones guess. if you were going to give that up.. well personally I'd want multiple pounds in a bid, which frankly won't happen at this stage. Interesting question to me how the bids are being arrived at/ constructed.

your short chronicle of the past SP is spot on and I should recollect more readily ... wasn't that long ago it battled around 20
I happen to think this has the potential to absolutely cruise straight through to say 80+ upon a well received pfs
When that happens this BB will be flooded with innumerable posting once more. Goes in cycles, I find the quiet times strangely as fascinating as the busy times, certainly the time to quietly add. sentiment, attention spans, many factors at play. gl

I reflected this morning, how strange it is we have a 'tepid' SP atm, if anything struggling to retain around 50, whilst also having a fund waiting to get in, and active bids in for the Company. I would say boredom at play, but hardly boring with so much afoot, extra rigs etc clearly gunning for increased resource ASAP.
Crazy really. All change soon enough.

sp is all a bit BS atm
pfs will change all that, get the res up to say 35 - 40mT, insert $3000 contract spod price, and turn the handle ... :)
oh and MII fund somewhere in there with small disco ... eases the permitting, adds cash

It was, and totally ignored by market.
Strong buy. Await news. The day to day sp is not rational. Its sitting mild red again. Totally prospective share.
Several near term flows soon.
Value will prevail, I don't care if it goes low 40s, if the current metrics don't change it simply means pick up more if you are sensibly able. Led by fundamentals and news (and not GS)
The project in question will make a ton of money, period. Lets make sure its the shareholders who make it, and don't 'give' it away, first by by avoiding giveaway discounts to a quite clearly 'pegged' SP

potentially I agree with both arguments
Thing is Mike, who, or what entity has the power to actually hold a SP, realistically. they can't stop you or me buying. mms have no interest in waiting for some fund to get in. Conversely, it does seems very 'range bound', despite goods news.

so many positives at play, SP appears to be being 'held' at this level, is that plausible or just conspiracy nonsense ?
Anyhow, no amount of holding will be possible upon pfs imo
Nothing is without risk be it jurisdictional, weather, black swans no on knows yet, but its looking as good as is possible to be imo.
ps I still here no quantified explanation, listing mines and production figures, of where GS think all the extra supply is coming from to drop the price to 16k

amongst other take aways - lo capex reiterated
Such a buildable and profitable project forthcoming

Thing is, how much have gs made from causing the predominantly WA wobble. Not easily attributed, which suits all the more.

I believe 2024 is targeted
thats relatively near term, and that 'neartermus' is extremely significant
Many mines will come in a decade plus, far far fewer near term, fewer still high grade, therein lies the crux of the matter. we're in a sweet spot
DYOR all opinion

algos have it again.
I don't profess to understand it

Morning
Wouldn't disagree