Member Info for welloilbeefooked

If you've got the time, this is an excellent interview with our latest institutional investor. He explains all about his methodology for investing and I'm even more comfortable to be in JLP now.
https://www.youtube.com/watch?v=NbhCo2I7sfE

And to have a stab at future copper earnings, the 4th December presentation has Leon stating when we reach 25,000 tonnes of copper units our copper earnings should surpass the South African combined earnings. So if £80m earnings is a realistic prospect in 2021 then we're surely looking at double that within a couple of years. And that's without any additional projects.
The only slight worry for me is the weakness of the dollar but hopefully stronger margins will offset currency risk.

Thanks for the reply Craig, ditto, found him posting years ago on ii before it became inaccessible, top notch guy, posted his plays beforehand and never a bad word to say about anyone ,an attribute sadly missing from a lot of these boards now.

As some of the longer term guys will know, I’ve been here for quite a few years and it’s great to finally see jlp start to emerge into the light.
Kalan used to post here and was one of the reasons I continued to hold during the dark days. Has anyone heard from him? He talked about tucking these away for his grandkids and I truly hope he’s still around to benefit from his own wisdom and optimism.
GLA - we deserve it, long and strong doesn’t begin to do this justice.

Did anyone ever see "Catch me if you can" ? Glaring similarities here except Trevor isn't a likeable rogue. He's vanished with the cash, is currently flushing it through BRH into Paraytec, and guess what, he's a director of both.
If there's one salutary lesson to be learned from this whole sorry shambles, it's to tread very lightly with your cash when the name Trevor Brown is associated with a company.
AIMHO of course and I wish you all well

Thanks Olddrongo, couldn't remember for sure if he was talking about the fine chrome or copper. Looks set for a very interesting 2021.
Cheers
WOBF

I might be wrong here so maybe someone will correct me but I seem to recall Leon saying in an earlier interview that the quality of copper cathode is exceptional and will command a premium to the market price ?

Have to say guys, the key takeaway for me from the interview is Leon reaffirming the commitment for no equity dilution. Given where we've been over the last God knows how many years, that is music to my ears. And it's not the first time he's mentioned it recently.
Just checked gumtree and ebay but no sign of Colin's cannon but hopefully it's been decommissioned .
GLA

I too feel your pain Fuzz, been here for years, had £16k at an average of 3.8p in March, sold 75% at just over 4p to go into cash when covid hit. Sitting on a nice little profit now but could have been so much better. Still more to come though. No-one ever times things perfectly and it's all about risk perception and attitude.
GLA

Gone with the pi’s cash in a transit van. Got to hand it to TB, he knows how to work a crowd.

Also remember we're due another $2.85 million cash payment from Hibiscus in the next month or so - 2nd payment for sale of Crown so all being well we've plenty of cash. Seem to remeber at the time reading that the Crown licence will revert to UOG if payment is not received?

20p by Wednesday ??

BRH are going to primarily use the proceeds of the sale to fund the covid-19 project by spending millions with paraytec ltd, where Trevor Brown shows up as a director again. Watch those trades guys imo.

Looks like a nice little earner for Paraytec Ltd - and guess who's a director?

Plenty of buying going on and a delayed publication of a £130k trade from yesterday.

Just remove the stone from your name.

Well said Lotto and I wish you and all the long term guys well. Just don’t like being trolled and called a liar by the blow-ins.
It’s also not entirely unreasonable to sound a note of caution during the hysteria here given what we’ve experienced in the past.
That’s it from me, won’t be posting again here. Wish you well.

Eileen, there'll be plenty of people like me who bought in to Strat Aero over the years and saw a massive drop in their investment and who have now recouped. None of the promises came true, I'm not a trader so once the shares are down 90% it becomes pointless to sell, you write them off, stick them in the bottom drawer and hope for a miracle . Miracle achieved for me and I'm out. I wish you well , - here's one of the many promising RNS releases Strat Aero made which we're still waiting to come to fruition in the guise of RMS over two and a half years later:
RNS Number : 3019E
Strat Aero PLC
08-Feb-18

Strat Aero plc / Index: AIM / TIDM: AERO / Sector: Support Services

Strat Aero plc

Geocurve awarded £1.1m 3D and Virtual Reality survey contract

Strat Aero is pleased to announce that its wholly owned Geocurve subsidiary has been awarded a contract to provide an innovative technology-based 3D and Virtual Reality survey service for the Environment Agency's Thames Estuary Asset Management 2100 (TEAM2100) programme. This reflects Geocurve's continuing transition to becoming an industry leader as a specialist technology-based UK provider of data rich surveying services including multi-sensors and data analytics to create 3D mapping and Virtual Reality (VR) imaging.

The contract award to Geocurve follows the successful completion of a 'proof of concept' trial in which Geocurve proposed and demonstrated an innovative solution to deliver a 3D survey of the entire Thames defence and foreshore. The contracted surveys will use Geocurve's full surveying and data analytics skill set and the latest technology comprising innovative mobile multi scanners and sensor platforms that capture a full 360° spherical view of image data as well as LiDAR data. This will enable a full 3D mapping and Virtual Reality representation of the River Thames.

The contract initially provides a fixed revenue of £1.1m over three years, with work beginning within the current quarter.

Trevor Brown, Executive Director of Strat-Aero, said "With this contract win Geocurve has demonstrated its potential to become a UK market leader in the supply of virtual reality and artificial intelligence surveying services to specialist customers on critical projects such as the Thames flood defences. Geocurve's use of innovative technology gives it the potential to transform the nature of surveying."

Thnewbie - the name says it all and that’ s an interesting posting history you’ve got there. Thanks for all your insight.
Quite possibly the world’s first surviving brain donor.

Eileen, that’s just the worst and most poorly researched post I’ve seen here and clearly misleading to all .genuine investors. Have you even bothered to check why RMS rebranded from Strat Aero - have you heard anyone mention mention the drone technology ? Thought not. Bye bye.