Member Info for tbcx

Imagine 13 years wasted and you've learned nothing.

Must feel bad?

5,5k+ posts on here, 13 years wasted, and you're trying to tell me to get a life?

Clearly you're a bit simple but carry on - you are the ideal inverse signal.

You say similar on every share.

I was in STX at 2.5p when you said it would collapse - have you seen price lately?

On JAN board when you tried same routine last week somebody else pointed out you said same about IMM of all the shares!

How do you feel now IMM has literally done 1500% since you claimed the value would halve?

Potential here for read across here on back of RENX surge. A similar partnership would see this quickly re-rate.

Also might work in company's favour everyone hunting for next IMM. Suddenly microcap biotechs finding favour again

Wow nice find. With Greatland on her CV she could have worked virtually anywhere, interesting she chose here.

Https://archive.is/XYMSU

Interesting article on co-dependency of state / mine operator.

Gemd clearly a very small player by comparison but some read across given the company's Botswana assets

A reminder of what we're sitting on here.

The upcoming drill is targeting the Rhyolite Dome gold prospect and the West Huntoon copper porphyry prospect.

Initial sampling produced gold, silver AND copper.

This drilling is fully funded.

"The West Huntoon area has the potential to be a major copper project as well as having an abundance of precious metal and other mineral indications. It is looking more and more exciting as we continue"

PLUS before that we will soon hear results of soil sampling for the Tungsten Prospect

Goingtomoon - Nobody cares about the mill, this is now about resources in the ground.

Funded drill commencing

It is actually comedy to scroll back several pages and see some of the responses from bagholders we were getting now this is starting to look terminal

The smoking gun here comes from good old regulations which state if auditor resigns they must give a reason - or confirm if no reason.

This one falls into the rare first category.

Or in legal terms: "Where there are matters connected with an auditor's ceasing to hold office that the auditor considers need to be brought to the attention of members or creditors of the company, the statement... must include details of those matters."

Best part is has to be disclosed to market.

Missing from the RNS but sure enough on their investor relations page, the letter from auditors appears:

"We have tendered our resignation as auditors of Satsuma Technology Plc, a UK Public Interest Entity, following a breakdown in the professional relationship with management"

Very pleased to be able to buy at these prices with these assets and the best jurisdiction of all

This was overdue a bounce back

"Auditor transition" what a euphemism lol. They've transitioned to not having an auditor.

Perhaps Jan got a heads up on that placing as existing shareholder and took that very opportune moment to exit

Strategically divesting makes sense too. Two different investor bases with Brazil being such a safe jurisdiction, whereas Bres investors will always have to take on that region risk. Added to existing cash would go a long way to developing the assets here.

Agree with these upside scenarios, these multiples have to be very achievable with news going the company's way.

You are walking a very fine line here with this post

Currently 0.555 vs 0.532 - if anything narrow by micro cap standards. Ignore spread advertised on this website, always overstates.

Could literally just be the name. Market for small cap metals miners are going through such a frenzy, it doesn't take much.

We are pretty close to the kind of peak where you could have an empty plc shell called something like Rare Earths R Us and see it immediately skyrocket.

Other potential read across from the De Beers transaction has to be Botswana government looking for more control. They can try but imo like here they would lack the operational capabilities on their own, so no point them trying to take too much. Going too hostile would send out totally wrong message to other overseas firms looking to do biz in the country.

Usually how these things work on the continent is a few people get a nice new Maybach with cash stuffed in the boot and everyone's happy.

Interesting to see Anglo/Teck merger announcement this week. Likely to accelerate Anglo's plan to spin off De Beers, now that it looks even more out of place in the metals orientated combined group. Whether it gets its own IPO or is bought out, should be an interesting test of the market.