Member Info for Tufftrader

My mistake Paul, it was 944turbo I was confusing you with. It wasn’t a jibe in any case I was simply confused as to why someone would de-risk and then buy in again at such a short interval. But I was confusing two people.

PaulQ - does this mean you have replenished what you sold a few weeks back?

See DG12's thread a few days back, "Investors Timetable". He gives the following timescale for results release, which surprised me:

GFIN full year results for June 2020 were available on 9/11/20
1/2 year results for period Dec 2020 were available on 29/3/21.

AGM expected 17th Dec 2021, full year results to end of June 2021 available around 2nd week of November 2021.

A really positive step in the right direction in what could be a supreme asset (at a very good time) but not, as a few have already said, proof of the substance we’ll need to kick the tires and light the fires. Those who believe that will come in time are still here, flung upon the mast. And I for one am damn proud to be one of them. Forget the SP for now and let Bill and the team continue to shape our attack.

Key. Project. Developments.

I’ve just spread that all over my toast and devoured it. Alien are keeping their cash for what is important. Talking about poor business decisions only yesterday and yet here we have clear evidence of a really sound business decision. Another tree shake, another patch of clear air turbulence. But the reality is that this all supports the more substantive objectives.

Max, might you be able to post the rest of the copy from that bulls article? I’m not a member of that site. Much obliged. tt

Hope it’s a better day for you today Lewey. And I hope this AGM delivers us all some positive news. Good luck all.

Precisely. Be prepared to sit patiently for 12 months minimum here. If you need your money back before then you should really be using a bank. We are all taking big risks here but our research tells us that a tangible, monetisable asset (could be) near. Something that will inject substance to our fundamentals and will reposition the Value of the company. In answer to the question earlier about 3p value triggering exodus, you’d hope the next time we’re at 3p we have proven at least one major asset, and at that point 3p might be paltry compared to where it could go. With a tangible asset proven, 3p would be part of a sustainable upward curve (possible) and so would attract buy volume in droves. It. Is. All. About. Substance. Be patient while our team attempt to reveal that. If you’re bothered by minor fluctuations now, take up watercolour painting. I myself hope that you stay and get to revel in the joy of collective vindication. G L A.

Aren’t we due results by now? Anyone know when Q4 figures were released in 2020?

We are witnessing the birth of an esports conglomerate. Those who got in at these prices or anywhere below need to simply sit back and enjoy the ride. This share could have slipped to 3p and my finger still wouldn't have been anywhere near the trigger. In fact, I was hoping it stayed lower for longer so I could have picked up some more without massively affecting my average. After updates and interim around October time, I've every reason to believe we'll see 8P before EOY. maybe more dips between now and then as not much news flow, but rest assured the rocket is on the launch pad and this should be viewed as a legacy/lifetime share.

Sorry Dip, in English, does that mean they are the same thing?

Max, remind me, do we get an MRE first then a JORC? Or are they the same thing? I know we are 2 weeks into a 4-8 week turnaround in that. And let’s have a recap on the estimated tonnage on the Sirius extension?

Yes I remember HH, and I think you are right to er on the side of caution. But even though this may all take a little time, the fact remains that the price today is incredibly appealing, given where this all sounds like it could well be going. Risk remains, but today’s news only serves to de-risk the path. I’m in for the long haul and if we become a producer then conservatively this is a ten bagger. Cash out at x2 or x3 if you knees to but be aware of the broader potential. Have a great week all. And let’s keep the chat constructive, unbiased and respectful.

I think we’re looking at 2/3 months before we get some sort of classification. As Bill indicated in the pres. however, look at Fenix’s news flow from jan 19 to October 20. I expect it’ll be mid/end of 22 by the time we have material on trucks headed to a port. Look at all the contracts needed to be put in place. Fenix news flow is a way of reading our own future. If news continues like this we can expect a false peak in SP anytime between end of summer and autumn, then a drop off as it goes quiet while we sort of all the requisite partnerships. Myself, I plan to be wary of this peak, and to resist selling anything. By the end of 22, it’ll be a different picture.

They just keep finding more. Get in here while you can!

I was worried, when the video panned out to show the whole tenement and the small portion they have drilled/tested, that we’d have to wait for them to do the same all over before we got anywhere. Are you saying we don’t have to do that to get MRE’s or JORC’s?

Ok so quite a few determining factors and quite a range. It sounds like at least and MRE could be a few months away which should definitely help the sentiment return us to where we were recently.

I watched the presentation yesterday and Bill felt relaxed and upbeat. To me that speaks volumes. You can always see the future in a CEO’s eyes and to me Bill seems energised by the progress and clear potential. What was unclear to me, as a mining non-expert, is how far away from a JORC we are. The iron ore videos looked seriously exciting but revealed just how early stage things are. As I understand it, the minute we have a JORC that is the moment the game should change. Can anyone shed genuine light on how far off this little RNS is? With this amount of High grade at shallow depth, 150 clicks from a port, I can’t see how there is anything to be glum about right now. Question is, how far off bringing it out of the ground are we in real terms?

I’ve never been so happy to see massive sells. Really exciting future for this company and good luck to all who sail in her. We are clearly at a baseline value here in the face of these offloads so once we’re done with the warrants I look forward to long term holding and a really exciting journey.

This share has done nothing but perplex and confound for months but today always real proof that the market is well aware of our multi-lateral coverage. Onwards and upwards.

Bill needs to rally the troops next weds and crack on.

GLA