Member Info for x54v

The recent placing was used partly to pay for the exciting BGM prospects in Queensland which have significantly transformed PML's asset base. However after paying for those, there's still a whopping amount of cash left over: �1.39 million. "The balance of �1,390,000 (before expenses) to be applied to working capital for Papua and its diversified portfolio" https://investegate.co.uk/papua-mining-plc--pml-/rns/conditional-placing-and-acquisition/201709181041180314R PJ is clearly very aware of the excitement around the Pilbara gold rush and keen to get in on the action judging by his tweets: https://twitter.com/pauljohnson9691/status/926728672228331521 With him having gone out his way to ensure that the companies where he is currently director and significant shareholder (THR, MNRG) have Pilbara exposure, could the same happen with PML I wonder? It would make sense: the company has that huge �1.39 million cash balance waiting to be used, Pilbara is a hot area and PJ is a director, significant shareholder and person of influence on the board of PML. Any word of such a move could well be the catalyst to drive the share price sharply higher from here. It certainly seems to have worked with THR with the share price showing strong price and volume gains since the recent announcement of a possible Pilbara acquisition.

"So this week have spent �150,000 on #THR @ThorMining. �125k in early option exercise & �25k buying on market. 😀" https://twitter.com/pauljohnson9691/status/926480933984796673 --- A strong sign indeed.

"Bought a further 500k this pm. �17,500 spent today on #THR stock" https://twitter.com/pauljohnson9691/status/926480221204860928

PJ buying yet again. At 1.8p this time. "The Company was informed by Paul Johnson, Non-executive Director of Thor, on 3 November 2017 that he had acquired 500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 1.80 pence each on 3 November 2017. This purchase of shares is in addition to the purchase of shares announced earlier today." https://investegate.co.uk/thor-mining-plc--thr-/rns/director-pdmr-shareholding/201711031559455711V/ I guess he's saying to the market that it's an outright buy at this price.

Just a matter of time imo. And then I wouldn't be at all surprised if we see a THR-like rise here.

They say that 90% of traders lose money. You can watch the trades printing each day and see someone who bought earlier in the day selling later with a loss. There's so much noise in the short term that it's much more difficult to trade in and out and make a profit. Also the costs quickly erode any profits made. Much better imo to find a good stock and hold for a longer period whilst the story gains traction and more and more people start buying in. Intraday noise is just that. Noise. Much better to take a longer term perspective and only sell when you have a large profit on the table.

I see that 1.3m sell now as well. Whoever did that is going to poor house quickly with that sort of crazy nonsense! Throwing money away literally. Plenty of volume today whatever the case. It's a short term battle between placing flippers and those buying stock for the longer haul. Once the flippers are clear, this will move up swiftly imo. Just like GGP, CON and THR have done.

10:52 - 1,400,000 @ 1.59 10:53 - 1,331,812 @ 1.60 �43.5k in total. Someone is loading up.

PJ buying yet more shares today, this time at 1.7. https://investegate.co.uk/thor-mining-plc--thr-/rns/director-pdmr-shareholding/201711031255315499V/ Relentless. A statement of intent if ever there was one.

The historic grades give a flavour of the upside potential here: https://twitter.com/tozzer121/status/926405854118797314 PJ knows this. That's why he currently has �300k worth of PML shares. The directors know this too. That's why they're happy to own 28.6% of the company: https://papuamining.com/investors/#Major%20Share%20Holders --- Follow the money.

"As I have said before - wish people would engage with resource shares in early days - so many pile in when stocks have 10x -cheaper is best!" https://twitter.com/pauljohnson9691/status/926389136944222209

http://goo.gl/yL4Ef2

...according to this chart analysis today: https://www.facebook.com/**********/videos/vb.1583879165228779/2014588482157843/?type=3&theater First target 2.48 - 2.6 Second target 5

A picture paints a thousand words. When Paul Johnson gets seriously involved with a stock, the share price tends to move from sideways to a strong upwards trend like this: http://goo.gl/V6Fs2g http://goo.gl/xoWRr1 http://goo.gl/QkRzH4 With PML we've just had the sideways bit so far: http://goo.gl/uNTw2W You can guess at what might come next.

PJ adding to his already large position: "Bought more #CON this morning - strangely they showing as a sell" https://twitter.com/pauljohnson9691/status/926378033807798272

Seems to be picking up interest this morning judging by the flurry of buying.

A few more dip buyers taking advantage. PJ can certainly put the cat amongst the pigeons when he shows an interest. Just look at what has happened at THR recently. Great chance to get on at the bottom of the rise here and not have to chase the inevitable spike.

Corrected RNS just issued. "Papua Mining plc ("Papua" or "the Company") announces that on 2 November 2017 Paul Johnson, a non-executive Director of the Company purchased 250,000 shares in the Company at a price of 1.40 pence each and a further 250,000 shares in the Company at a price of 1.45 pence each."

"�Very good� potential for large-scale gold mining in the Pilbara, says expert" Why an acquisition in Pilbara could make THR even more of a valuable investment proposition... https://stockhead.com.au/experts/good-potential-large-scale-gold-mining-pilbara-says-expert

PJ continuing to stake build here as he is doing with THR. When interest starts building here as it has done in THR, then PML could well be the next one to rocket. PJ certainly showing where he thinks the share price is going. �100k invested in the placing, 3 additional recent RNSed purchases in the market since the placing and a current shareholding with a value of �261k. �261k is a significant amount to invest in a micro cap and a very confident statement indeed.