Member Info for yonelay

Only a matter of time i think. Just need some positive news on trials and sales

Management are the only ones to blame. Money will continue to be spent on nothing that value adds while all of our peers continue to progress. One must question managements ability to get this to production. Have any of them done it before. Doesn't look like it. They should try getting better operators involved and start pushing this. I mean there are no excuses now. They have the funds right. NOT GOOD AT ALL.

That person probably got in and out at the wrong time and probably just bitter

You obviously have no idea, why would there be more dilution on the way only two months after completing a cap raise.
To ratify prior issues is standard practice in australia. You only have to look at practically every junior company on the ASX. They all do this soon after the placement to refresh their issue capacity.
Making assertions that more dilution is on the way is misleading.

Well said

Some sort of update wouldn’t go astray. The impatient are selling.

I’d expect continued selling until all of the warrants have washed through.

Some big sell orders going through the last few days. Suspect that converted note holder is selling. Probably need to see his shares wash through the system I think first. Hopefully the placement shares don’t just get dumped when they are finally issued.

whats with these small volume trades?

Seems like the perfect opportunity to pick up some cheap shares on the dip ready for the next wave

I feel like patience will be rewarded here

Is there a way of finding out what the current short position is?

Great to see Matt on the board finally. Long time coming. He has a major stake in this and his interests are aligned with ours. Let’s see what he can do.

Hopefully something new and exciting to look forward to is discussed. Share price taking a bit of a hit of late.

I agree. Mahede needs to step away now. The new appointment seems much more qualified for the role than he is.

Pretty sure they have a premium product, so whilst prices may come down I think their improved economics offset it. Happy to be corrected

As long as the study is robust enough, financing shouldn’t be a problem I think. Also the amount isn’t huge by comparison to other mining projects, so I suspect a combination of debt and equity would cover it. Also financing could possibly come from offtake parties. Lots of ifs and buts, however, with the economics that this project holds it’s hard to see how this couldn’t get financed.

Without any significant news/deals/updates this isn’t going anywhere. Why arent management promoting this. Perhaps a change is needed

So theoretically what does that make our project worth?

Too tight. Although I fear someone knows something and the ship is leaking. There has been such a sustained sell off without any news that something doesn’t seem right. They desperately need some good news.