“Following a detailed ground magnetic survey the team are now finalising an upcoming drilling campaign at its Yarrol Project, one of the three land packages in South-Eastern Queensland. Drilling will be focused on the Yarrol Target and is fully funded to complete the Stage 1 infill and step out campaign. The campaign aims to grow the 2km historic non-JORC resource and unlock 20km of prospective strike along the Yarrol Fault.”
Any success with that should be sufficient to attract a bigger fish to come on board imo. The presentation also indicates exploration targets in Kathleen Valley right next to Bellevue’s boundary and Bellevue’s recent presentation indicates this area as an expansion target so let’s hope a deal can be done. |
Perhaps a discount on quality of management. Cash won't last long and they've demonstrated they're poor stewards of shareholder capital. Probably because they treat it like it's their own... |
I accept there has g been much newsflow or activity, but the valuation now is absurd. Is it trading ata discount to cash? |
A cash shell that took 5 years, a BOD change and 2 failed deals to finally manage an acquisition which ultimately they lost faith in and started looking for something else. Specialists in failure, accelerator of cash burn. |
He's just an ex broker spiv that pumps shares he took placings in on X. He can learn what it's like dealing with the Mila board. |
free stock charts from uk.advfn.com
MILA 5 year log chart. It's AWFUL! Will it change? The odds are against it changing going by the share charts of similar, wishing and hoping, exploration minnows, but you never know. Stranger things have happened.
PS I only have one share and that is GPM. |
And yet it’s got a recent TR 1 holder who probably knows a lot more about what’s going on than you do. |
Compare it to how much it's down from when this relisted. It's a pathetic dud run by a guy with no mining expertise. |
That’s one hell of a rollover. |
Well it’s up again today so tough titty. |
It's a token buy to appease gullible retail. It's pocket change compared to what he's taken out over the last 8 years in wages and expenses. |
And so the recovery continues today….. |
He wouldn’t have shelled out that much cash unless he was confident of turning things around would he? |
So a £20k buy. Peanuts compared to what he's taken out over 8 years. And only 3.2% LOL, no skin in the game at all. City boys taking you for a ride. |
Glad you're in good humour after the bumming you've taken this week. |
It's an £8k purchase at an share price which is 66% lower than 3 months ago........ |
Still feeling happy are we? That was one hell of an uncrossing trade 😂 |
How’s the shorts doing lads? Have you seen the size and price of that uncrossing trade? |
Buying pressure building,long way back up to go here. |
Boom,boom boom 💥 |
And up she goes. Trolls must be fuming now 😂 |
Director buying now 👍 |
Xerri is an bucket shop broker and a garden variety Twitter ramper. Caught out here, he's averaging down on a loser. Of course he's only bothered about the new licence but if he knew the full history or how devious Stephenson is he wouldn't touch this with a bargepole. |
Sorry Skip, thanks for correcting me,good news all the same. |