Member Info for Zan_TM

Trades going through so guessing unsuspended now?

Caracal is back live on IG Index.

Mentioned earlier but the UT means "uncrossing trade" which means its not a delayed trade.

Before open and just after close an auction takes place each day. Some brokers allow you to bid in this, some don't.

Auctions allow the opportunity for slightly better prices. During the auction buyers and sellers get matched up. At the end of the auction there will also often be some unmatched, these goes back into auto matching main pool.

During the auction there may also be a buyer and seller with a perfect bid and ask match. This becomes listed as an Uncrossing Trade.

LSE don't care. In fact its the other way round.

Hits and clicks is LSEs game. Thats it.

The harsh cold fact is those who cause arguments create the threads with the most replies and click rates.

Theres posters on other stocks on here who post stuff which makes the comments here look at thame as you will get, yet even after being reported loads, still don't get banned.

LSE isn't in the honest chat game, its in the advert revenue funded hit rate and click through game.

I wouldn't be suprised if LSE creates controversial accounts on purpose tbh.

And you know what, they got it spot on for their business model. Just look at these threads. Some of the most replies in months.

The animals are getting well fed.

You want posters who post liable etc to dissapear, stop feeding them by replying to them.

I think the other key question about Tati is what is the end goal for it?

Thats important because it changes everything.

If its to spin it out, then you prob don't need to do much more. The info gained can be enough to create an opportunity for someone else to take further.

If its to keep in house, then is it to create something bigger, which would need decent funding and thus Drills, MREs and DFS etc, which all take several years and many millions to do

OR

Is the plan, given its very shallow potential, to literally run a digger through it and truck it to the neighbours plant? Creating a very low cost route that can provide an additional extra income stream, albeit smaller than a fully functioning, but more costly bigger mining operation would require/produce.

My own mind echos some what of what LegalWolf wrote.

Really positive start but its just that, a start. If you have been in mining/exploring for sometime with other companies, these type of drills from POW would be very early doors stuff, with years of further drills to come, costing many millions and requiring many dilutive raises to enable those 30,000 mtr type of Diamound Drills that the market wants to see. And even those companies who do that, still have small mcaps.

Its very hard financially for a small company to do any decent work on lots of projects at once. Its why most small caps focus everything onto one main permit area, with the others as additionals.

However, if you spin out as we have been, then it makes sense. Those spin outs focus more soley on just one or two permits/projects.

Tati could work as a quick win, as capex should be small if local plants are used, or maybe provide another spinout option?

I have no issues with the spinout model as its different from what a lot of others offer. Yes, each spinout will have many years to go before forfilling their own respective potentials, and our stakes may well get diluted down in each as raises happen with each spinout, but it provides a low cost model for us.

So, for me, tati results were positive but its start of a journey stuff. I wouldn't expect any big SP movement off of it until you get to bigger drills stuff.

Great news to me.

It was looking a given, but you can never be sure until its done so well done to all of the POW team thats been working on that part of the project.

Good to hear first 2 holes completed and onto T1-14 now/ready to move onto.

I really don't get the negative vibe on the drills. Mining, drilling all takes time. I can only assume those complaining only own POW as if you have been in the game for years and across many other companies, the updates, in the loop info and speed at which POW does things is world class.

Trust me, its not uncommon on juniors to have radio silence for 3 months.

Full credit to how POW communicates imo and long may it continue.

I think its pretty natural to have a lot of sellers right now as most will have been underwater for some time.

Thing with very small Mcaps is the % down can look large, yet not take long to fill.

Often if a share has drifted down for 12 months, you end up with a lot of overhang from those under water who sell as it rises back up, slowing your return to highs.

This news pretty much cleared about 7 months of overhang in one go.

I do agree that without any assays or MRE its pure guesswork as to value however this news does give me hope that the assays will prove decent as I would be amazed if Ricca signed on the line blindly. I'm sure they must have been given some info about what those assays are starting to look like.

Also, if anyone wants more than welcome to the TM Due Diligence hub on dis cord. Firering has its own stock chan on there.

https://discord.gg/FHg8WkHzPc

At this stage, nothing suggests a merger of others assests in terms of their projects and from a commercial perspective I would be suprised to see that happen. Doesn't mean it couldn't but I wouldn't look to it as likely.

However, what we do know is we will be taking a stake to the tune of 0.6 mil dollars in Ricca at point of its IPO. How much % that works out at I don't know, but still an interesting and positive development.

We also know Ricca will pay 50% towards taking Atex from 77% owned too 100% owned. Which is brilliant. We will still need to pay other 50%, but thats a 33% increase in stake and gives the JV/Project/Us full control of Atex.

Great and exciting times.

I think its natural for people to look to the over negative or over positive side when a suspension occurs regardless of the reason as without an official rns stating the details of what happened, what is happening and expected next steps, minds are left to speculate.

I've seen it before where speculation runs rife over positive with rumours of large buy out and over negative, with runours of CEOs doing a runner.

Rarely, are the speculations true for either side, but without official word from the company, you can't blame people for worrying, which doesn't lessen just because someone else has a decent holding.

Hopefully its minor and all will be revealed soon.

A rns explaining why

RPdard, slicing is just taking out a portion of your holding.

Loads of different ways to invest. Nothing is right or wrong.

Slicing as a share rises reduces risk however longer term if it keeps going up it also reduces profit. So pros and cons.

Likewise averaging down as a share drops reduces your average but if it goes under means you will lose more. Again pros and cons.

You can make and lose money using any strat/method. Anyone saying a way is wrong, or there way is better is likely not a voice to listen too imo.

Same goes for trading v investing. So often i see investors mock traders with comments like "weekend beer money club" or "10% ers". Yet I know of people who have made millions from that weekend beer method method. In equal measure, I've seen traders mock investors for just hold, yet I've known investors who have made millions from "just holding".

Bottom line is, what ever way is right for you, is the right way.

If you ever want to join a place which chats DD and Strats then feel free to join the below discord.

https://discord.gg/6hmwx2dZYU

Hey Legal,

I totally understand the 10% discount view. It matches my own view as to why no trades happen here. That said, I think we are all well aware of that here so while its relevant from a purchasing perspective, it isn't all that should be discussed in my view. I'm not sure that referencing it in response to questions assists said questions, even though the outcome is important if you were to buy. I don't mean that as rudely as it may sound, just a case of I've noticed you often refer back to that point, which is oviously an important one for you, but potentially a distraction from other points.

As an example. I'd love to know what people think about the recovery rates expected and if they are achievable?

Was aleady posted yest mate.

I think its very natural if not sensible to be nervous when any company takes a different comms method than is its norm. I.e., changes from active to non active. Note, active is relevant to each company as each has its own usual amount.

Now, that change doesn't to me mean bad news, often it is just that the company is either very busy behind the seens or has moved into a less news creating phase of the project. However without the comms, even if logical or understandable you become left in the dark and so are left to "best guess" what is happening, which usually is wrong, be that good or bad lol.

Looking at their latest presentations timelines, it appears they are just a bit behind track. The Enviro Award was expected Q3 I believe but only came out yest.

One "best guess" I've pondered, is are they delaying the DFS in the hope of a Gold Price rally so a better economic price can be used in the DFS? On the presentation it states the old study at $1500 but also shows economics at $1400 and $1300, but importantly also mentions the then current price of $1900.

We saw with the last MRE that cut off grades moved down to allow some increase in inferred/indicated scale. Maybe they want circa $1700 plus for the DFS as one option, as that would really improve the overall economics of the project.

I could be totally wrong, but when in the dark, as mentioned, you best guess these things.

At first I thought it was a typo and they meant to refer to shares on issue not £, but that doesn't match up either lol.

I should add Paul Quirk was involved in Cora before the latest coup and Wagner involvment so again, maybe not the greatest example by me. Best to mention as I do like to be balanced and engage in real debate with the aid of learning not hiding facts to suit a story.

I completely hear your point LW and in some areas fully agree, def about the comms slowing down.

However as a small correction on a fair number of occasions BM has addressed the more recent securitt concerns and stressed that he didn't feel it would affect operations. This was done via interviews and Q&A's

I'm also invested in a different Mali based company who have also stressed they feel its fine (at present), with most of the action happening in the East of the country. As a disclaimer, that company is more strongly linked with China so less "western" concerns of course, so not a perfect example I appreciate.

Now granted its in their interests to suggest all is fine but at this point it appears Mali's desire for the income/jobs created from mining is potentially keeping that industry safe. Note Mali has rules that mining companies have to form seperate operating companies of which the Mali goverment takes a stake. Often around 10%. I guess that 10% ish works like a very useful brown envelope.

In terms of Lionhead, I'm not so sure the location will put them off. Paul Quirk from Lionhead is afterall a note worthy Cora investor too, so clearly the location didn't concern him then. But I do feel maybe the general market conditions might mean, be the cause of a delay.

I'm not so sure it was/is to do with that as other stocks have had much higher and some lower trading volumes.

I think for me at least, and so likely for others, POW is just in a middle ground place.

Its waiting for MFC news from the drills. The recent spike up was based on the potential. Now its just sitting waiting. No need to sell, no need to buy.

I have no doubt volume will go up considerably once drill assays are in, be that up or down depending on what they show.

Round numbers hey. We all know it doesn't matter if our holdings are neat and tidy number wise and yet I'm with you, as illogical as it may appear, your holfing just feels nicer when it has that perfect rounded off look to it.