Member Info for Wildboar1

I bought in this morning and feel very fortunate to be able to do so at 6p (at the time) . This was the first company I ever bought shares in and I have been in and out at various times over the last 7 years. The 5th largest iron mine in the world has always intrigued me. This time genuinely feels different to the other times I’ve held and I will be holding from now on to the bitter end (I don’t think it will be bitter or that far in the future) .

It feels like everything is falling into place at last. Relatively little dilution since IPO is a stand out here alongside the BoD and of course the high grade iron ore we have.

Let’s hope for more good news

Thanks Bolton , fingers crossed they get updated tonight and are better than expected.

Can production figures be updated over the weekend ?

Thanks

Thanks for posting again Gordie, all fantastic news for a company with lots of oil in its land. I think increased production (hopefully reflected by august figures) will finally start a sustained and proper recovery of the share price. Why wouldn’t it ?

In my opinion all the bad news (the bond financing being the main bit) has now been calculated by the market and therefore good news will start to have an impact. If the market is forward looking then evidence that the ggs is working well should have a substantial impact on the share price. It also provides Arthur with more tools to negotiate the JV terms .

I’m excited for the future months ahead to find out what happens.

There not their

When shares traded at 1.5p what was the catalyst for it to rise to nearly 5p at one point. Now at 2.85 is there a catalyst on the horizon? Also at 1.5p share price was their doom and gloom? (understandably ) but it went up from there. It will do the same and quickly here in my opinion. I know some people have higher averages as do myself so moves from 1.5p to 5 still aren’t anything to ride home about but it shows this share can move fast. All the time the fundamentals are improving.

Heroic, great story.

The much championed Twitter “bond experts” don’t seem to be writing incessantly about more bond conversions at the moment. These experts clearly don’t see more conversions anytime soon, and who would question them as they are experts.

I too am a long term holder although not quite 6 years and I agree. I was and still am annoyed that Arthur had nothing to say when the share price dropped to such appalling levels and remains so. I’m reality I’m not sure what he could have said once the bond deal was announced that could have materially changed the short term SP destruction (yes agree out of respect he should have clarified the financing deal ). However, at this stage I’m glad he’s not ramping the company as I believe this would also be met with heavy criticism and scepticism . Staying quiet as the share price consolidates a this level after the lows is ok with me unless he has genuine news (good or bad). Until that point I think he’s more likely to damage sentiment and trust if he comes out and falls of his chair again.

I see Arthur’s silence as a positive. I’m taking it as he’s quietly confident of achieving the milestones in production that will lead the company into a financial stable position and beyond.

It’s getting close to the point where people will either have to trust him or not as the facts on production will be laid bare for all to see. If production rises as expected then the share price will have to also rise. No games.

I think there will be a lot of money waiting on the proof that production is rising significantly. The problem of waiting is the JV could be announced at anytime.

Great week, again well done holders, the rerate will continue on Monday.

I sold at 2.53 this morning, bought back at 3.10. I still have a substancial holding but took a hit trying to get extra shares (not becuase I do not believe in the company). Such a horrible feeling messing up. Its the last time I get greedy. The feeling of being out when the SP moves North is far harder to deal with than the SP dropping and I have now experienced both with this company. I am pleased I took my medicine and bought back as I firmly believe big things are happening. Great day for Share Holders and it looks like there is plenty more to come.

It’s my belief no one really knows what will happen from here in the short term, apart from the bond holders, regardless of who’s called it right so far. If the bond holders stop converting the share price will rise and maybe the experts on Twitter will take a long position. How long are the Twitter experts going to dine out on being right about the bonds so far ? It feels like they want praise everyday and it’s become very repetitive. I don’t think it requires anymore back slapping

Keep it up Beesty, it’s completely understandable to have the motivation (even on a Sunday) to not have childish disruption trying to encourage selling and fear. Particularly as I don’t see much ramping these days. Just opinions which are often well reasoned and researched.

Bye bye miss Americanpie

1

Elton smashing out Rocketman. I know what he’s up to !

Fastfood, genuine question. Should I sell all my shares tomorrow, regardless of my average ?

Thanks

What a difference a month makes since I last looked in here. Back then I was saying that Bitcoin experts are only experts until they aren’t. I hope everyone is making money buying into this company. There are no rules with Bitcoin and anyone saying they truly understand it’s value are either lying or have a misplaced confidence in their own research/intelligence. I believe we are really going places again. Of course I could be wrong so always go with your gut but don’t go with people who like the space alone as this means absolutely nothing. There are people, who like horse racing who lose betting on horses.

I don’t dispute you can’t use maths to assess a business and whether it’s under or overvalued. I’m trying to say the arrogance and blind faith in the maths being correct (it will change tomorrow) is dangerous. Maths is always right but the starting figures change. Anyone shorting this share recently will have substantial losses . But the maths said they wouldn’t (must be a comfort). Medium long term who knows , I don’t but neither do the people who think they know better than me because they have worked it all out on a calculator or have posted a lot. Investing is about risk and predicting the numbers before they can be worked out on a calculator.