Member Info for AG1989

It’s lost money now. Personally I’m down over £20k. Some on here are down a lot more. For what’s left of it, il keep it in. May even chuck the odd £100 at it to lower my average, but I won’t break the bank. There seems potential here, but at the given time that potential begins to bubble and make progresss, it stagnates

I know what your saying about the £150,000 buyer, why would he ? Who knows what goes on. But these institutional investors have been doing that for years here, since 1p, and we’re worth a 100th of that now. The 5 years trend doesn’t lie unfortunately.

Why are you starting new threads and not replying to existing threads that it’s being discussed in ?

Last I knew a few years back, Naheeds Salary was £110,000. Plus other staff. Plus our soon to be costs in our 20% JV. Blue Rock, and then whatever magic wands she’s buying to get THAR and GH Into production. Puts into perspective really how far £150,000 isn’t going to go with so much in the works. Which raises more suspicions than anything else with me why it wasn’t a lot more. She’ll already diluted this to sh*t, a few billion more shares soon won’t scratch the surface.

Follow the money - must have been on the wrong BB

This has tanked raise on raise. The one decent project with any near term potential was NZ, and we handed 80% of that away for $600,000. And in that time considering we raised £3-£4m for GH, what an absolute shocker. The same money could have transformed NZ into a 100% owned 2Moz Resource before farming it out. Grains of sand in Blackpool Beach holding more value than an Oracle share.

Said it long ago, had really high hopes for this company with THAR and the promise of GH, and these multi billion pound projects But if I turned up to work and in the space of 3 years, lost 98% of my companies valuation, I’d be sacked, no questions asked.

Another JV?

STOP TAKING ON PROJECTS WITHOUT FINISHING THE LAST ONE

Just get it to a stage where we give 95% of the project away and don’t have to pay another penny

In terms of THAR, I have 0 hope.

NZ has potential from here, well the 20% we have left anyway

No update on Green Hydrogen since May, and even that was an Loi extension. Is this a worry ?

I remember this rising from 4p - 20p and it caught a lot of investors out. That said, at that time, the board were regularly releasing RNS reports of strong Drilling results. Back to back to back

Always been the difference here between other Junior miners, Sanankoro has great potential. It's decent grade, very shallow and open in many directions. From its current position, I'd say it has a strong upside, but needs jurisdiction issues ironing out which is a stumbling block. Have bought more down here myself. GLA

Something like NZ could have been taken to a significant stage with 100% ownership. A couple of significant drilling programmes and exploration £1-2m, definitely possible when you consider the amount of money thrown at Green Hydrogen

But nice to see the project waking up and delivering solid results. Northern Zone always had a history of decent results, but longer, lower grade. Some of these shallower intercepts are better grade.

More of the same please. 20% of a multi million ounce resource should generate value here. Riversgold look like they’re not waiting around. Be good to keep this momentum up.

To be honest, quite surprised (in a good way) by those results. Shallow and decent grades, stronger than normal. Here's to many more. Gold project well on truely back in the picture among the Radio silence with the other projects

Highest grade interval to date from shallow drilling of 27.5 g/t gold (drill hole NZAC033) recorded over 1 metre in recently completed drilling.

o Significant shallow gold intercepts, include:

▪ 16m @ 4.69 g/t Au from 30m (drill hole NZAC033)

▪ 4m @ 6.9 g/t Au from 39m (drill hole NZAC029)

▪ 3m @ 3.32 g/t Au from 35m (drill hole NZAC030)

▪ 9m @ 1.2 g/t Au from 31m (drill hole NZAC048)

▪ 3m @ 2.68 g/t Au from 31m (drill hole NZAC043)

▪ 3m @ 2.11 g/t Au from 46m (drill hole NZAC044)

▪ 4m @ 1.47 g/t Au from 30m (drill hole NZAC053)

o Single metre assay of drill hole NZRC001 has now been completed returning a higher-grade core that includes:

▪ 10m @ 4.94g/t Au from 39m (NZRC001)[1]

▪ Or 14m @ 3.6/t Au from 39m

▪ Or 18m @ 2.8g/t Au from 36m (if the same interval as the composite).

Now why would you resign from a company that’s about to finalise its businesses in Multi Million/Billion £ projects …

Oh wait. My hope has been fading with Naheed for some time now and the damage she’s inflicted upon this company and shareholders alike, whilst taking in a £100k+ salary. Will GH soon change our fortunes ? Probably not, maybe ? Who knows,

"the three power plants in question are the 1320-megawatt sahiwal coal power plant, hub power plant, and port qasim power plant. currently, these plants rely on imported coal, which has made electricity production both expensive and unsustainable for ****stan’s energy grid."

wouldn't this especially tie in with our mou with k-electric and the potential or relocating the power plant to their own land, at port qasim, utilising our block of course

https://www.lse.co.uk/rns/orcp/mou-for-132-gw-coal-power-plant-8211-thar-block-vi-x4zw3vntwjbds3r.html

"through this mou, tepl will assess the viability of developing: (i) the power project at thar coal block vi as originally planned ("project option 1") or (ii) relocating the power project to ke's owned land located at port qasim, karachi ("project option 2"), if found technically and commercially suitable and subject to obtaining all required approvals and consents.

"

Sound like a Broken record but NZ could end up being a pretty decent Resource moving forward. The Company should have taken it to this stage before offloading, but we're here now. Wont be long before we have to Stump up our 20%, once Riversgold have officially Earned in.

It wouldn't seem so bad if we knew more about the project we've Raised Multiple Millions for, but as has been the case for some time, we don't know. More Radio Silence and still none the wiser to what our Cut/Deal/Share of the Pie will be if/once all is said and done

Yeah the 10% alone is a hit, surely there’ll be stipulations in place for a fair offer ? But what do I know?

For those who manage to get to 2 years of commercial Production, that should significantly increase value. But like you say, if your on the cusp of production, you’d probably be factoring this 35% in from the start, and work forward from there.

Https://www.smh.com.au/business/companies/new-mining-code-reopens-mali-for-business-toubani-20240709-p5jscj.html

Next raise will take the shares in circulation to the lovely 10,000,000,000 Mark, out of control

Get THAR/Green Hydrogen Over the line - Increase Company Valuation, raise future funds on much better terms and expand your Portfolio Accordingly. Like a Car Manufacturer Designing a new Top of the range Vehicle but before being finalised, start another 3

Taking a little longer than expected but full due Diligence being carried out. Drilling, prospect and then JV the rest out at a later date

- Coal: - Thar Block 6

- Hydrogen:- Green Hydrogen project

-Gold:- NZ JV

Copper/Silver:- Potential Acquisition of Blue Rock Valley

Certainly Diversifying with the Portfolio. Realistically, how many of these projects can Naheed get to the finish line? Gold progressing currently with RiversGold but the next steps after a Resource are crucial to see what long term benefits can, or cannot be made there. Green Hydrogen Project milestones being hit and imo will get to the finish line, what we'll be left with is anyones guess right now. And then THAR, the Potential Multi Billion $ Asset which would change everything here. Hoping to see an extension to the K Electric MoU from last year + Power China but its bee Quiet on that front

Seemed a bit pointless. Already had 2 RNS about this and last weeks revealed a drill would arrive this week

Let’s hope the results are good. Interestingly nothing yet on the copper Acquisition with the 45 days period expiring.

Brilliant :) Welcome back (again)

40,000,000 shares bought since 2 PM, when the RNS came out. Market seems to like it