Member Info for Webba1

Positive application for more space. Build the pipeline as these licences can take years to come through.....

They have clearly replaced the PR/ Twitter manager! This is the stuff that drives sentiment.

Surprised an RNS on the commencement of drill was landed. Missed an opportunity

Speculation at best!

And yes they moved from 0.5 to 0.52%. However the other 0.5% short got out when the market was in the doldrums last week. I see one of my filtered posters starts with the negative post......

Form an orderly queue ??

I’m expecting results by end of July. Creswick taking longer to set up as I suspect they will have to agree the plan and locations then the contractors will just crack on. Lots of work for them to do and they’ll likely be against a fixed price and programme of works. Own drill less efficient but more able to amend programme. Add to this with the extra funds for the council they will hopefully get through the licence issues. Roll on summer

Nothing happens on June 11th.

Please read the RNS and latest presentations. This is awaiting final financing, offtakes and cornerstone. June is end of H1 which has been the targeted date to complete. Suggest you decide a) postiion b) when you take it, price is bobbling below the latest placing. some have dropped out as there is a suggestion that a further placing will be required and it will be at a discount to current SP - take your chances that a) you can take part b) it will be at a discount. So depending on your timeline and risk profile, you buy now before the financing completes or after. Who knows what happens to the SP then..... if your timeline is 2-3 years should do very well from here, but lifes not that straightforward my friend!

Yes, a sensible balanced call. We all make our decisions. If you bought on the hype then you will need to hold. I’m ave of 3.2 here and watched it drop. My key learning is pick your entry, set your sell and set a stop loss. It’s not crypto so unlikely to swing like a lunatic daily.

Keep coming back to - gold fundamentals improving, drill programme funded and accelerating. If we don’t find gold then quite frankly expect the share to go further down.... hang on though we have found gold!

im a holder but am invested for the exec mgt not the founders.

Im sure the Chairman adds value - its a big package though and from what ive seen of his performance at shareholder meetings and with enquiries that's not his skill set so hopefully the value add is elsewhere in the business. i'm of the belief that when youve amassed the fortune the founder has he is either so focused on more wealth creation to set up generations that he will work even harder to be successful or he basically doesnt bother unless he has to! I agree this share has legs.

Tends to follow the leisure market. Expect this to ramp up as travel restrictions reduce internationally and the virus comes under control. It’s exposure globally is why it’s recovered slower than other travel operators

Come on gents. The simple question isn’t week on week but a 2 yr LfL.
My understanding is the footfall was materially down in high st. Relatively flat in decent destinational centres and up in outlets. Pent up demand vs declining choice in the high st.

Lots of interesting debate. Fundamentally I’m here to make a min 3 x investment so somewhere north of 23p a share. Timelines- I’m guessing c.18-24 months. Risk of finance and build issues but the one bit here I’m not worried about is the resource or ability to access it!

It is what we all want and are here for. Not sure PI’s bleating about it on a BB quickens the pace for either the financing side or the company.

I agree it’s frustrating that the price is sliding. More so as I’m fully loaded elsewhere or id be topping up.

I’d assume he’s just discussing it or it would reference the ceo

fundamentally depends on your timeline. as you say lot of rainbow chasers rather than investors, the lack of stamp duty and the quick low MCAP rises are adrenalin for some.
look through the BB a number of people have posted the life cycle of a mine - i think i did at some point which for this investment gives a clearer 2-5 yr picture. The stage this company is at is moving into production so lots of positives. Always risks which is why the price is where it is

Has been replaced with someone to share some useful info! Good news. Positive start to the day.

Good discussion,

I’m still holding here, 40% down after doing lots of research on the fundamentals here. Opportunity hasn’t gone away but the sentiment and patience has. Overbuilt the play and underdelivered is a recipe for investor anguish. Add to that some YtS level PR with the Twitter rehash. The company need to RNs the operational plan to give investors the confidence as such guesswork on licences and drill programmes doesn’t help build up the confidence for the next technical swing

Telegram groups and BB are always dangerous. Herd mentality.
You make your decisions on investing here on either technical or fundamental reasons- or both. Timeline is your own..... I see the debt, off take and cornerstone getting us almost to a mine, then additional funding to get it producing. This is likely in 18 -24 months based on my interpretation of company info. What that does to the mcap and share price. I have no idea from a valuation but my simple financial brain reckons it will be many times today’s value. There will be some further dilution but that should be the last and reading through various posters on here who have been lth and far more knowledgeable than I, it will be relatively small and unlikely to be much lower than the last at 7.5p.

Fundamentally a 25% growth target will be smashed. First qtr in lockdown. I’m holding rather than attempting to trade this. Wish I had the funds and the confidence to be a trader!

Watched this last night. Very impressed with update considering no RNS ahead of the session.

The only thing stopping me topping up further is my risk appetite and I don’t have any cash spare!
As I see it, the hurdles to overcome- financing. It’s still a risk albeit small that financing doesn’t get secured. Then we see people jump on board.
The only other issues which are mid term - nickel price and an alternate found for EV batteries. Again both relatively limited in the timeline we are working to over next 2-4 years. This is one for the SiPP I think