Member Info for x54v

"I suspect #CON, given the mkt silliness, is approaching it's time in the sun. With 47 gold & zinc licences - it's a option play on metals." https://twitter.com/pauljohnson9691/status/928177527604072448 "Suspect most will wait for a much higher price and higher momentum in #CON however!" https://twitter.com/pauljohnson9691/status/928177760589303808

"''Tis a shame that so many wait for share prices to blow dramatically higher before engaging. Earlier entry usually best!" https://twitter.com/pauljohnson9691/status/928171703133405184

"#PML - Nice pattern developing here. Strong support. Bullish Trend. Break 1.7p area and targets 2.4p and 3.1p Gap Fill." https://twitter.com/Blowster85/status/927896260723511296 "#Have a big slug of this with world class copper / gold projects + fully cashed up with �3.8M incentive once over 2.3p #PML" https://twitter.com/andrew_neal7/status/927896851377946626

"Good to see #PML tracking higher today." https://twitter.com/pauljohnson9691/status/927854534994612224 --- Indeed it is.

"Are people finally understanding that you follow the money & the bloke is printing it !! ..even the naysayers are changing their tune #PML" https://twitter.com/andrew_neal7/status/927849506271649792

"Have taken some #PML (1.45p) whilst it is quiet, I expect to see the Greatland Gold and Thor Mining followers hitting it soon, one common denominator - Paul Johnson - holds 5.65%" https://twitter.com/Oilplayer2009/status/927831034502230016

A THR-type move would certainly be welcome.

"Rekindling won the Melbourne Cup today but @ThorMining had a bit of a gallop on ASX also #THR" https://twitter.com/mickbilling/status/927767708661190657

Market conditions are certainly in your favour at the moment. As they say, a rising tide lifts all boats. Moves in small AIM shares can be very rapid. Hopefully PML will be one of those which moves rapidly up. The directors seem very keen. And PJ is a smart cookie.

What's got you started on investing then if this is your first time?

The MMs are certainly at the top of the transactional hierarchy. Since their job is to maintain an orderly market, the delaying regime lets them unwind their position on the quiet. If the large trade printed straight away then a whole load of traders might act on it and this would prevent the MMs unwinding. It does mean PIs are kept in the dark though and often wondering why price is moving whilst there seems to be nothing which might be causing the move. Seems unfair that the MMs get to carry out their activities in secret whilst PIs have to do it in the open. But the MM argument would be that it needs to be that way for them to be able to maintain an orderly market.

The printed trades during the day don't paint the full picture though. The MMs are allowed to delay printing of larger trades, so often what caused price to move in a given direction at a given time isn't printed until much later, sometimes hours, sometimes days.

The placing flippers not quite finished yet imo. They typically just look for a quick turn after being able to buy in at the placing price and don't usually have any long term view on the company. The 500k selling blocks have been going on for a while and keeping a lid on the price. Once they're gone the price should be free to move up again. However whilst they persist, it's an opportunity to buy the cheap shares that the flippers sell.

Yes, he's been in the game a long time and certainly knows exactly how to make money. Also cares about shareholders: "My interests aligned with shareholders - serious money at play. Back your investors with your own cash is my principle." https://twitter.com/pauljohnson9691/status/926483720923697154 I'm sure plenty of investors coat-tail his ideas and do very nicely out of it. PML is providing an opportunity to get in at the lows here and follow PJ all the way up. He will be looking for a multi-bagger. And I reckon that's what he will get.

No probs. There's definitely a lot of potential here. The directors investing so much is telling. More often than not on AIM, directors invest piddly amounts if any in their own companies. Here they've bought in heavily. You only do that if you're very confident and think that there is big potential upside. PJ has also signalled what he thinks, both with his large investment and also with his recent on-market buying on 3 separate occasions. Actions speak louder than words.

See the latest company presentation - page 8. http://papuamining.com/wp-content/uploads/2017/10/Papua-Presentation-20171005_latest.pdf

lufc38 PML currently has a lot going for it imo. See a copy of my earlier post below for reasons I see as making it a good investment. The company is fully cashed up and the directors are clearly confident in their strategy and the prospects of the company given the large amounts they have personally invested. The recently acquired assets look to have a lot of potential and there should be short term newsflow to look forward to. --- So what makes PML shares a good investment? Cashed up - the company has �1.39 million cash after the recent fund raising. This is a sizeable war chest which can be used to create value and drive a much higher share price. Skin in the game - the directors own 28.6% of PML. Most recently they invested �267.9k in the placing. That really is a significant sum to invest in such a small company. Their fortunes are closely aligned with those of the shareholders and as such they are financially motivated to drive the share price upwards. By investing such a large amount in the company they have also shown a real vote of confidence in the new strategy. Paul Johnson - a key investor and director. He has shown the Midas touch with the likes of CON and GGP which have multi-bagged in a short period and where he built up positions at lows. More recently THR (where he is also a director and shareholder) has started to move up rapidly on significant volume. PJ has built up a 5.5% stake in PML and will help engineer a rising share price by attracting a wider audience and helping influence the board. Assets - PML has world-class gold and copper assets in Australia and Papua New Guinea. The recent acquisition significantly transformed PML's asset base and all 3 projects hold the potential to be fast-tracked. Newsflow / potential catalysts - plenty of near term newsflow is likely starting with ground exploration at the Lighthouse Project where there is the potential for a mineralised gold system in an area with excellent historical drilling results. Low market cap - PML is a sub �5m micro-cap. With such a low capitalisation it doesn't take that much in the way of good news to multiply the share price several times over. With good newsflow, there is the possibility of a multi-bagger here. Chart - the price has been basing sideways for several months now. Sideways bases can often act as the precursor to a significant and sustained rise when price breaks above the top of the base e.g. see the 2 year charts of BMN, IQE, GAW, GGP, ZOO etc.

Pilbara certainly an opportunity worth PML investigating with all that cash floating around ---- "The Great Pilbara Gold Rush is on for young and old, from mining companies big and small to roving Grey Nomads with caravans in tow. If you haven�t got a metal detector or a will to drive to the North West, there�s seemingly a bucket-load to be made on some stocks that are skyrocketing." https://amp.perthnow.com.au/news/western-australia/pilbara-gold-punt-the-key-players-and-discoveries-in-was-new-gold-rush/news-story/169b7508b6ca01a17e8ef5980fbefe73

"The Great Pilbara Gold Rush is on for young and old, from mining companies big and small to roving Grey Nomads with caravans in tow. If you haven�t got a metal detector or a will to drive to the North West, there�s seemingly a bucket-load to be made on some stocks that are skyrocketing."

https://amp.perthnow.com.au/news/western-australia/pilbara-gold-punt-the-key-players-and-discoveries-in-was-new-gold-rush/news-story/169b7508b6ca01a17e8ef5980fbefe73