Member Info for Van2000

Magoo, I have a different opinion to you, that’s what makes a market, get over yourself.

Yes I understand they need to release material information, hence why I think the results aren’t clear cut and they are still working on them. We will soon find out, I think this delay is not a good sign.

Yes, there’s obviously uncertainty around the extent of the resource and maybe it’s not as large as hoped / anticipated from an economical point of view. They would have released the results by now unless there is some doubt.

There’s something amiss, as we have gone past the early March deadline they are holding back the results of some reason, maybe trying to ascertain the implications.

Was interesting during the interim results video the CEO let it slip that there’s some uncertainty around the results.

Delayed news with the drilling results. This was initially planned for release in Feb, then confirmed early March. Market isn’t liking this uncertainty, are the results not as good as anticipated.

Sushi, can’t imagine MD will be looking to make any further purchases. He’s already knee deep in his investments, with a few of them being heavily diluted over the last 2 years, ferro alloy resources, Cornish minerals and next source to name the 3 I follow.

I can see Cornish minerals bleeding money due to its complexity to extract the tin. I believe first tins ore will be extracted before Cornish minerals due to its process simplicity.

Looking forward to the MRE update early March, if all is good then we could see the NPV rising to AUD$1000m and that’s just for the Taronga asset.

I’d say it’s more likely MetalsX would take this over once /if the permit is approved. I’d rather this didn’t happen due to the medium to long term potential of this stock.

Metals X currently have a large ‘war chest’ to deploy ($200m cash). They are generating $105m per annum net profit from their renison mine they have a 50% stake in.

Germanium resource (indicated and inferred) at Tellerhauser based on current market price is valued at $150m. This stock is seriously undervalued. In 5 years First Tin could be valued close to $1billion.

With Germanium being a by-product, just shows the potential this stock has.

duster is full of ****e, who would take any notice of his comments.

Anyone heard from the pr^t brooko19?

Where are all the rampers that said Dest have enough cash until Q1 25?

Shambles of an investment, been calling that a fund raise in August will be happening for the last 12 months, been shot down by the usual rampers. No sign of brooko who called me a clown when I flagged the warning signs

Kipper, you and brooko are in the same bracket, you have no credibility. You were ramping this at 80p, why should anyone take your comments seriously, you are down on your investment.

I think we will see a 60% drop on the opening

Formerly are you serious? They have been negotiating a partnership deal for xf73 for nearly 2 years and now they are saying they need to change the phase 3 trial as it’s not attractive enough to go into partnership. Along with the fact that they don’t have any form of income there will be huge dilution this year and next.

No fear do you mean the only way is down?

No further progress, lack of interest in xf-73 is extremely worrying. Misleading that funds will last until Q1 2025 as current funds at the start of this year will only be enough for 12 months operating costs. As I’ve said numerous times there will be a fund raise in August this year. Then looks like there will be further massive dilution next year to fund phase 3 internally. This has been a lifestyle business for Bill Love.

The guy has lost the plot. Why would anyone agree to invest in the company at 40p when they can purchase on the open market for half the price.

You look back at Sajy’s past posts and he mentions about rumours circulating with other stocks, clearly trying to ramp the stock for his own agenda.

He also mentions countless times where he has been on a call with the company and received emails regarding sensitive information. Now I know senior management are showing complete incompetence in their running of Destiny but they aren’t stupid enough to put themselves at risk of a custodial sentence for a random guy on a chat board!

One is better off ignoring such posters, particularly when the stock is rising as they suck you in through FOMO.