Member Info for TalkingSense

Sauasage....that post is still from 3-4 months ago ....remember , when we were in the mid 0.2's

The company have moved on.

Milab,

In which interview did they make that statement?

Definitely not a recent one

Hi Sausage....Thought you would be over on NTVO trying to recoup the 30% plus that is down over the last month.

Thanks for posting that X post from 3 or 4 months ago .

in the post he does say :

"not at current levels, let alone at a discount!!!"

Of course the current levels then were around 0.24 ....so his statement rings true.

I remember you warning everyone against investing at those levels (good call?)

Morning Dan, In an interview (I think last week) Mike did state that Blue Mountain was not as impacted by the rainy season and activity can continue there pretty much all year round (unlike Lolworth).

Hi Trek, Good to see you back on the board.

Yes, A deal may be agreed in principle by 28th (or later), but the 'legals' may take some time to finalise as well as the transfer of assets, and as you say, the payments may be structured.

So you need cash in the bank for the operations and we have a number of prospective projects that need funding.

Most important of which is getting Blue Mountain in to production.

Never a popular move having a placement, but a prudent move in this case.

Bottomzup,

Yes, Also covers any overrun/overspend on Blue Mountain.

Can see this getting back up to the 0.36-0.37 mark today.

The projects and the Tax Credit negotiations have not changed, and as I said last week with the property sale, you need to being a strong position to negotiate....if this party is playing hardball we are now in a position to press our terms or move to the next company on the rank

I've hot no problem if the funds are to strengthen the negotiations and enable us to keep 100% of Blue Mountain.

If the additional funds are sk that we have enough to eventually buy the helium play then they can f**k right offf...had enough of the 'other project' funding with Haythorpe.

For now I'm trusting the BOD and hope we get an update on negotiations shortly.

Never saw that coming.....I would guess the next RNS is the extension of the exclusivity.

Those shares may have been forward sold given the sales volume over the last couple of weeks.

Definitely a short term kick in the teeth

Dsymonds,

Well I'll trust a BOD who have consistently delivered on their promises and created value and potential on a number of fronts over some faceless keyboard warrior anytime.

But thank you for the great insight.

Gold popping it's head up above $2700 again

* Kondaparinga license granting

Agreed.

There is a clear runway of value....some 'traders' will be looking for an earlier exit, the log term prospects here are outstanding IMHO

Tax Credits------> SP boost ------>funds provide Part/Full funding of Blue mountain --------> BIG SP boost (and if the 100k oz estimate is upgraded it will add extra rocket fuel)--------> income stream

Lolworth ---------> Academic partnership & Possible JV --------> gold estimate --------->REE discovery/estimate

Tambo ------> initial Drilling results (sound like they will be positive)--------> further drilling /resource estimate (which can be done at pace with additional funds from Tax sale)

And then you have Creswick/ Baillieston which could be subjects of JV approaches (many parties are in the data room)

And Kondaparinga license grating.

Oh, and aren't we due up to $1m in royalty payment at end of Q1 for Avoca?

Or you can sell after the first piece in the puzzle !

" I wouldn't want to be out of this at the weekend" ......went early today ;-)

Bottmzup, I agree 2p (£36m mcap) is definitely doable in 12 months.

Mike stated he wanted £20-£30m about 6 months ago..... and Blue Mountain and Lolworth have exceeded expectations since then, The Tax Deal is likely larger than envisaged 6 months ago and Tambo is in play.....so I would guess his sights have been raised.

Of course the one thing the property deal does alleviate is any immediate cash pressures on the business prior to any Tax deal.

We know we had enough cash to the end of the year, but this extra cash will I assume take us in to Q2 2025.

It could help with our bargaining position in the Tax Credit negotiations if the other party wanted to string it out until we 'need' to make a deal. Not a factor now (and to be fair the other party sound really keen).

£21k buy from 3:50 today reported after hours (as well as large trade from yesterday).

Explains the late tick up in SP

Encouraging first results with decent grades at a shallow depth.

Really good from what are pathfinder drills to determine the geology.

Mags, Well I guess that's an improvement from your recent 'guess the placing' and are the BOD selling their shares? posts on this board..

You see, some slight deramping occurs here as well ! (just for balance)

I've resisted so far , but can't any longer......

"I wouldn't want to be out of this over the weekend"

Drilling complete at Tambo and initial cover samples sent to the lab a week ago with a short turnaround time...initial results next week?

https://x.com/DDS_DocHoliday/status/1857367785153654793?t=S-DCSZZ637Y9IxxshiiyHA&s=19

Morning All,

Just a thought.

We know, as part of the Tax Credit sale , that we have at least 5 parties who have signed NDAs and have access to the data room.

This not only bodes well for the Tax Credit deal , but also means that 5 parties have had a view of the data on the 'core' assets that we will keep in the ECR portfolio post deal.

This increases the possibility of an approach for a JV on those core assets in the future.