Member Info for Webba1

Expecting 2 more assay results and confirmation of drill turning at Creswick. Both likely to push SP back to placing level then it’s onwards and upwards.

Expecting to be a steady stream of results with 2 drills turning, licenses to be confirmed. I’m significantly under water and have a relatively large stake as part of my portfolio. No fundamentals have changed here.

Christ this bb has degenerated into random analogies. I bought into ASOS on the premise that the board was devoid of nut jobs.

Any value to add on volumes/ Updates appreciated. Some deranged clown who has nothing better to do than ramble (Pedro 61 - I assume that’s an iq measure?)
Blocked with people power

To suggest that the results will be poor is an interesting view as any bricks and mortar operators were closed. The forward looking statements and integration will be the make or break for SP. I believe it will be pretty positive. That is unlikely to make a difference short term to SP. last three results the shares have tanked post great results. Fourth time lucky?

So there will be lots of body language experts on here.

This guy is a finance Director, hes not an extrovert so i listened to what he told us.

key points

1. they will speed up drilling with contractors
2. the Jv has licenses to sort before it can progress
3. 2 more hole results are still pending
4. they're trying to work out the size and orientation of the deposits so the drilling is targeted on this plan rather than slapping it in the middle of the plot

saw LND announce "bonanza" yesterday and apart from an initial rush, SP drifted back down.

this will take some time to recover and will only do so on decent sustained results being fed through, announcements on JV and licenses. I think this is 3-6 months to recover. underwater, not topping up. Holding as cant bring myself to shift this.

Strange announcement. Can’t plan that far off to land a RNS with certainty on that morning so either - news flow ahead of time as must know any questions will be around all the topics mentioned here or it’s simply an update, nothing more than that. Now my 2nd biggest hold so needs to start to move in the right direction. Plan to hold this for min 2 yrs so short term is a frustration as the wife thinks I’m clueless....

That was the positive. I sold last night as didn’t want to risk gains on back of the rise to the results. Will be watching to see if lower entry point or effective re rate. Wanted them to address the tender ‘blocking’ - didn’t see it in my skim read.

Should have sold the lot then and bored someone else

They’ve clearly got some idea on results/ ban on tenders/ sfo. One hell of a punt

If that’s the case I’d expect a much bigger jump. I’d suggest this is just trading. Risk is people jump out pre results

Rumour abounds of crypto legislation. I guess on a positive that’s a sign of acceptance

Yes, lots of info on the BB. Search through.

Wish I was as confident it’s difficult to read. Pretty much all of the trading in this share is on the rumour. Huge profit taking at the death before results.

Never thought a resistance level would be such a problem. Tried to get through 3.60 numerous times. The positive is it’s a pretty strong support once we get through.

If it’s being pushed as a huge opportunity. Wait by the side lines. So much Twitter noise on here. Should be shot for rubbish ‘tips’

Grow up. Filter muppets, please don’t spoil your input into the board with the machinations of a middle aged man buying an extension. Tried sports cars, liable to get me divorced or dead. Decided to stick the money in shares. Read this as it’s more entertaining than Netflix and free.

The point of ‘wasting’ that money is it’s put into an appreciating asset. Means your overheads as the business grows are minimal and if they need the cash they can sell it and lease it back. Not the best use of cash but fundamentally they’re throwing a lot of cash off with no debt which begs the question what do you do with it? Invest in tech - on it. Invest in brands- on it. Invest in infrastructure- on it. If you want share buy backs..... find some nice comfy care home of a share like Smith and nephew.....

Ah, good to see you’ve not brought Rag along Dan. I think this has another day of gains. I bought in for a short term trade up to 56

Usually look for better use of capital but keeps operating costs down now and is an asset that can be sold and leased back if cash needed. Happy with that.

Yip, rushed back to the few shops that are left. Rushed to stand in a queue having paid for parking etc etc. Shopping, like work and comms has evolved. It’s simple. Online is here, dinosaurs and Luddites....

Let’s not forget, he’s originally a CFO so knows the commercials as well as any. Notorious unemotional negotiators CFO’s.....