Member Info for Tornadotony

This energy sector is not in a bubble like most other areas. Positions invested in this sector are a good place to be in. Copper miners are looking good as well.

Hi China syndrome,

I agree about the sensitivity of local problems. I believe the community need to have input on their biggest issue where they could do with local help that is not part of a national government programme and it would be something that has real impact that locals wanted and needed. I once held shares in a Tanzania gold company that supported malaria net provision that went on to save 250 children below the age of 2 that would typically not have lived with out that simple aid in a whole district of that country. A case of knowing what the worse problems are and reducing them.

https://www.barchart.com/stocks/quotes/SNG.LN/overview

What we know for sure are resistance lines. What has to be established and tested are the support lines. Part of this is down to us investors when we choose to sell and where we like to buy. Some people buy on fundamentals, some buy on technical and a few do both. regards Tony

Forgive the odd typo as I have rushed things before dinner.

I would be very interested to have the company views on the challenges of new innovations that may replace the need for some of the rare metals. So how is intellectual property reviewed and how do they have a research scientific task group or a qualified material scientist that evaluates such risks and that this competitive aspects is included in their risk assessment.

Do they have an environmental expert that is reviewing the carbon positive and negative impacts of their entire project and do they have environmental assessments that include the waste from producing their rare metals and go further in terms of its product life cycle. (The comparison I am driving at here is that someone thought nanoplastic particles were great until it got into the water supply and everywhere else and that their solutions are not going to leave society with similar issues to clear up and so the company holds views on the entire product life cycle).

Another question is that ordinary people in Angola have not always had a good deal in many cases from resource companies. Will the company have a charity group that is professionally advised and managed to eventually deliver programmes to help local communities near the mine whether it is small infrastructure, education projects or programmes that help women and the like when the mine and company is generating wealth for its other stakeholders.

A model of success of some teams is knowing what they may not known themselves but having a list of people who they can call upon and so in effect the company intelligence and team strength is far greater. Additionally quality control and quality standards along with good company IT and software systems and the like is critical for success and I hope you can pull these type of elements out in your discussion as they heighten success by reducing the risk of both simple and major errors happening along their business plan journey.

Regards Tony

I bought some more at 130p so a bit of an average down.

thanks for putting it on as it answered some of the questions we had. I am now really happy after hearing that presentation.

Convert not covert!

County Monaghan which holds Clontibret and exploration area is not in the UK. It is located in Eire.

The government in Dublin, I believe were supportive of a project.

The AAZ resource report is due 30 September 2020. The company will be fairly busy exploiting the underground resource as mentioned in the RNS. How much additional exploring there was to do near the proposed mines after 30 September is not clear. The proposed exploration in Eire could be a three to six month time slot. They either covert resource into reserves or they don't and additionally they find another 500,000 ounces to 1M ounces of resource on top to make building a mine a lot more cost effective. Any way we shall hopefully get some answers from Stephen. I have written to him and ask to share the reply with all of our readers here.

I will drop Stephen a line. It could be that the next resource report gives them a break from exploration locally allowing a gap to target a particular site in depth in Ireland that can convert resource to reserves and justify a mine build.

Steve 777
I certainly have not bailed. I strongly believe the share is undervalued. It will soon be an off-shore oil company only and that is a far better place to be than an on-shore miles away from any refiner who might get oil from other competitive fields from another pipeline type of company as they appear to be going bust. The reason why many of us have not been so active is we are patiently waiting for 29th July and waiting to get updates and what our new CEO has to say.

Tony

The answers we need to know are:

how many years will the medication be in demand,
what is the likely cost per dose and what is a target net profit from patient treatments attributable to SNG,
how many patients per annum are likely to be treated and is there appropriate manufacturing capacity available to meet that demand,
the efficacy for SNG treatment which must be above 60% in my opinion and hopefully higher with minimal adverse drug response risks as this denotes competitive assessment against alternative treatments,
will the product just be focussed on critical care or can it be used as a preventative therapy to avoid hospitalisation for vulnerable groups.

It is helpful to have the input from a good health economist with experience in new medications and they offered their opinion for us to be aware of for us to read.

I have noted the importance of a comment from a Cambridge source that we await to see if their was an expedient health impact on those who went onto ventilation. This is a rather complex issue as the decision making process in different centres maybe influenced by the number of ventilators they had available and the age/gender of individuals who were placed on them as the prognosis for some cohorts could be very poor and they may have lost places to the more likely favoured survivors for any restricted resource at those times.
Can I encourage people to tick recommend on good posts as they perceive them as a lot goes on here and that readers can do a quicker screen to find the most recommended contributions.

Tony

Chinasyndrome I am glad your here with your inputs and for others also chipping in. Its good to have a board sharing thoughts and opinions. Tony

Back in 2017 and 2018 the company had some useful results that do support the JORC 500,000 plus ounces. The figure of 8.8M ounces is highly speculative and the 2019 drilling found the odd hole with some gold. Overall the drilling is not on the scale I have seen with other mine explorers although it is possible with AAZ having a more professional go at it that the resource data could be improved. This company has spent 6 to 7 million euros finding gold and quite typically it costs $20M to find say 500,000 in reserves and 1,500,000 in resources. A 2M euro punt in itself might get lucky or it might not. I know Pensana have a gold mine they want to sell out in Tanzania probably for $7m odd for 500,000 inferred but nothing much else. I mention this as a comparator as it has some equivalence. I agree with others in how does this fit with a busy time schedule they already have in play. Some share holders may feel the company threw a dead cat on the table and want to know why. I am a more recent share holder and would be supportive of someone knowing the company staff more than myself on how they propose to manage all this. The company has put out the technical merger deal, but many of us want the strategic infill on how this all comes together. Hopefully we will get this in the coming weeks. If no one volunteers to contact the company I will do so next week. Tony

Effectively I am priced from 132p with the trades thus far on what is a radar hold to pick up what is going on in this area as it impacts other sector stock areas. I have learned a lot in two days and I am just a small holder. I suspect this will return to the 204-210 mark and await more news later on. If it gets cheap it is possible to average down or just stay with a small investment and see if they do hit the big time.

8.5p gain only. Let see if what we put up with was support for the last few hours.

So far they have not done so. When a share keeps turning over and its up against resistance and massively overbought, the market maker could be playing rope a dope. In a few hours we shall find out.

5 hourly, hourly and 30 minute chart cycles all have lower highs. Bear flag pattern. Be careful buying into this at the present time. Resistance above looks well established imop. Most of you can easily look at the charts and see for yourself. My position is off so I state clearly where I am. Solely a chart based move.

Moving from explorer to producer is a big deal. A share that keeps material in the ground and explores to kingdom come never gets anywhere. The company is putting together a good story. The share price may move around, but ultimately it will move from a $50M company and will be worth much more.

I may get taken out here, and if I do good luck folks otherwise buy back later lower down price.