Member Info for ToS1963

M007j .... I would disagree; the brand, and the distribution agreements/contracts they have in place do have value. As such, I see this as both having potential in its own right, and the brand being very vulnerable to a bigger player taking it out at a premium. I’m therefore primed to jump back in. At these low prices, I consider it well worth a small punt for these reasons. I’m already burnt here though. It’s risky, I’d agree.

JDF7.... quite correct. Also true of most of the big institutions. They have these in there income funds, pretty much as a permanent feature. As a modest retired PI, I have these in my SIPP with no plan to sell ever, happily picking up the dividends as income. The capital I plan leaving to my kids.

This is the share that keeps on giving. Been in it for years. When I was approaching retirement, I moved much of my SIPP from what I regarded as growth shares into income ones, however couldn’t bear to part with BMY..... that appears to have been a good decision! I could see a special dividend as a possibility here, or share buybacks. Would prefer the special, as a policy of buybacks in other shares I have don’t appear to deliver the same benefit.

That’s an awful lot of derampers for a share that’s already over halved in value in 12 months. Perhaps.... just perhaps..... we ARE investors, who are just a little hacked off at the inability of this company to make progress with what remains one of the biggest copper/gold discoveries of this century? You sir, are a breathtakingly arrogant and bitter man. And one, I suspect, who is in over his head here.

Establishing the Company's US base and distributors has taken longer than planned, and with sales in China growing slower than expected, the Company's cash flow break-even point is now expected to occur later than anticipated. Therefore, the Company requires additional working capital to finance operations during 2024. The net proceeds of the Placing have provided the Company with a cash runway until April 2024.

I’d read the second of the two 2nd Feb RNS’s before committing

Chill Red. You’ve been banging the same top up/auto bots/copper price/imminent bid drums for years. We will all be aware when something tangible happens here, so creaming yourself daily for years on end on no news is becoming ever so slightly tiresome.

Expecting modest gradual rise this week, in anticipation of news, followed by either a crash when it doesn’t arrive (most likely) a crash when it’s perceived as more of the same (possible) or an ever bigger rise as it’s well received (small chance). Oh.... and a spectacular multi bag as we receive rumour or news of an interested party (huge outside bet). I fully expect the sequence I’ve just outlined to continue throughout this year.

Good lord a reasonably sensible and realistic couple of posts from Red.

Hi Novice, not wishing to appear confrontational, but you state we are firmly in the hands of big institutions who clearly want our shares.

What evidence do you have that supports that statement? My own (personal) view is that we are clearly in the downward spiral of a market that is showing no interest whatsoever in our shares.

Asteroid 16 Psyche has enough precious metal to give everyone on earth $93 billion each. Wish we were producing a PFS for it.

They weren’t bothered by previous efforts at a PFS, not sure why this one will prompt them into action. Should it ever arrive. Not very exciting times at all really.

Robdog....agree with most of your post, except perhaps the final bit, I’d expect the raise to be around 0.5p, not well below that. We’ll see.

Looks like Red spaffed his latest £35k too soon.

Any chance of an update on the copper price?

Countingcards and TL82.... you have both, today, pretty much accused the board of EISB of acting illegally, and against the interests of shareholders, without any evidence whatsoever to substantiate your claims. Care to comment? Either of you?

.... and DaveTK..... on 28th January, you said, and I quote....l

“Why would they need further funding anytime soon.”

Given what subsequently transpired, you’ll forgive me if I don’t regard your judgement as sound regarding what constitutes an excellent post.

This company is clearly struggling, but the product and brand remain of value. I shall likely buy back in on or shortly following the forthcoming raise, but the tinfoil hat conspiracy theorists are doing nobody any favours here. Please, DYOR. This is clearly a risky investment, but any suggestions the board are acting illegally, or against shareholder interests, are unfounded (and libellous).

Not really a lot to say, positive or negative on today’s RNS. Guess it just boils down to whether or not I still believe in the fundamentals which prompted me to invest here. I’ve decided I do, to continue holding, be patient, and hope for more positive news flow as 2024 and 2025 progress. I’d need something concrete now before I would consider adding though.

Red..... you and BBG might want to consider what Seth Godwin once said. The problem with a race to the bottom is that you might win.

Oi oi.... as SeaTank has asked, and in the interest of all contributors to this thread, and shareholders, could you please elaborate on your second paragraph? It’s unhelpful in the extreme to throw out serious accusations and concerns like that without providing any details to back them up. Personally, I’m delighted with my investment here. If there’s anything you think I should know, please share. Otherwise I’ll just be inclined to view your post as pointless scaremongering, with no evidence to support it. Cheers.

Counting..... just to clarify your last post.... when you say “they are trying to flush out small weak holders” who is the “they” you are referring to?

Are you suggesting the company have issued an inaccurate RNS, suggesting they will run out of cash in April, in order to somehow rid themselves of pesky shareholders? Not only is that ridiculous, it’s also highly illegal. And complete, and utter tosh.