Member Info for AParky

Or Rich its more to do with PL own comments, no value to what's in the ground only what's coming out, bodes well for the future though

1 for 23 offer In a hurry, to get it out of the way

Hardly a barge pole share, this will be a good investment in tantalum eventually. The bod haven�t done their credibility much good over the Past year with their misleading rns�s. The old adage comes to mind, � when in a deep hole stop digging �. Each new rns seems to contradict the previous ones. One minute we are upgrading the mine upgrading the quality of product for an offtake partner that can take all we can produce and now out of the blue we are looking at another supply route. So either the first partner is being more demanding as to quality or pricing and Larry has had enough, so a new offtake partner is being sought or we are suddenly producing enough for them and more ( doubt it ) to be able to take on a new supply route, or is it COMPETITIVE TENSION. As to facts and figures coming out on pricing and MTonnes I think this will only ever be covered by one word �SHIPMENT � which at the end of the day if that word translates into revenue and profits when the results come out I couldn�t give a flying, they can call it what ever they want. As long as what they are selling brings in more than it costs to produce with a decent margin and the figures are in black and not red we should be ok ish :(

Hi NMagic, the recent placing and upcoming offer will go towards paying the first instalment and work program and paying down PL for part of his loan. He�s probably looking to fund things from production if things go to plan, having said that if the right deal comes along and he has to react then a further fund raising may be needed.

Our offtake partner are playing the game to get the price per mt lowered. LJ is putting pressure on our offtake partner by making it look like we have another potential customer. If as we were told our offtake partner could take all we could produce, where is the room for a second offtake partner.

Max2 just going over old ground as to where we are likely to end up before next news arrives, to the MM�s that�s �5m worth of business they have a chance of getting their hands on

Unfortunately we will end up in the usual position with an open offer for the short term. MM�s always seem to walk the sp down below the offer price to take advantage of the situation, one reason companies don�t always involve pi�s as the money ends in up in the market and not in the company bank account. No news until after it�s all gone through either to Support the price. PL reducing his holding with the funds generated by the placing or offer is a smart move to reduce some interest payable but looking forward does it not also give him room to take up his option�s. So we are asked to stump up the money to put him in a position to reward himself, mmmmmm I shall have to think about that one.

No you would have to add funds to your share isa to take up the offer,unless you have another holding in your ISA that you can sell to fund it.

At least we get the chance to participate in the open offer. It will be interesting to see how the bookbuild goes as to demand for the shares

But placing needed to get to 3000 and above, no big thing in the big picture and not massive. Funds to increase funds

May be wrong but I thought they had been delivered and had a team over from china sorting the issues out

No takeovers here not with PL holding 30% he has always said he plans on being a mid cap company

Yatchmaster some were speculating on what a 1p divi would cost and putting a negative spin on it. I have been paid out many a time in fractions of a penny. They all add up at the end of the day

Richi didn�t want to sound to rampy with my comparison as the $150m mkt cap was on pure speculation of drill results in Paraguay. It was also a comparison with PL comments on the way the market now perceives oil company valuations, which is here and now

Rich good call at 18p and not unrealistic. If my memory serves me right back in late 2013 we were bobbing along at 12-14p until the IFC came onboard. 2013. Production. Argentina c. 200 bpd capped @ $75 USA c.300 bpd @ $100 Fast forward to mid 2014 in expectation of Paraguay drill success sp 40-45p mkt cap $150m until the dreaded 35p cash call and we all know what happened after that. Fast forward to 2017 and what we now have in terms of bpd and revenue makes $150m mkt cap @15p look a doddle, Please feel free to correct if my memory has failed

Richi we took the reigns on the 15th September so around a months worth

Rich Brasso only turned negative once he had sold his 100000 shares out of his holdings to try and get it back in lower, he realised he had made a.boo boo

First months takings in the night safe, Nice

Yep solo effort if there are no takers, that's why he's looking at a low risk well

I've not seen PL so upbeat for a long time in an interview, he's like a different person. Lots of work to be done to get to where he wants to be. Pumps still not up and running