Member Info for Awax

"The rig for the work has been on site for some time. Drilling pipes and drilling fluid previously used at deep Well A6 have been transferred to the A5 location. The preparatory work for the side-track is underway and further announcements will be made in due course"....................THE OTHER TAP

"The early indications are that the perforation will need to be re-performed to enable a flow test to be conducted as much of the targeted area for the original perforation remains unperforated".........FLOW TEST

Yes after 15 years we wouldn't want a dilution or any kind of offer for subscription?

No posts in over a week, then two come along in a matter of minutes! Certainly a turning point for us Patagonians.......then again perhaps not?

MMs won't be happy with you waking them from their slumber and having to trade some shares............. welcome btw

When the poo bottoms and those suits in the know start buying, there will be good money to be made. Oil, gold and other pm's will rebound only when it is called. Banks may see an opportunity to reduce/withdraw credit and take out distressed assets at bargain prices........ question is do we trust them and their associates?

No it's 70% but that's fully funded to commencement of mining and includes big salaries continuing for our bod. All good then?

Well Almonty don't seem to cut it as far as the RNS, so 65% giveaway it is

Over to you Almonty. Oaktree deal is clearly progressing and the Almonty indicative offer is not enough for the bod to recommend. Almonty to make the next move or lose this one. Is that something they can afford to miss?

Thanks...... just thought we could still use lse , just a different and unused board ( ie fmpg )

I guess this bb will disappear soon? Is there another on lse where we could exchange info etc? fmpg is next alphabetically and it's current unoccupied?

Someone happy to take a lot of shares today at current prices........ might be Tiberius. Think they know a little about what was going to happen today?

Just read the ORM response....... they mention "due diligence" for whatever reason, in respect of how The Man from Almonty would finance the mine development. Why would they be looking at dd if the price indicated was not acceptable? They have previously rejected 5.7p so they would not wish to be looking to sell on an opportunistic offer, nor have they reinforced the pending deal with Oaktree. The door seems to be open, from where I'm looking at it, with an indicative offer in the range the bod are looking for?

Chores beckon here too so will have to be the phone to keep an eye on things in the Spring sunshine......... pleased my top up has appeared, but as a sell. Strange morning atb

Has the loan already been taken from Oaktree for the £1.5m? Surely the deal to sell the asset can't prevent Almont from buying Orm though?

Good morning..... yes was feeling like Omega Man for a while lol Can't believe this has not had more interest. Rare metal, dominated by Chinese, EU based country needing investment, good revenue flows......... not to mention other Au interests locally. All on here are eagerly awaiting the Oaktree details, but I agree this could start a battle for this resource

RNS out to announce potential buyout and to counter proposed deal withOaktree yet not one single excited buyer this morning????

There has been buys this morning which are not showing..... and why would you sell when an offer is coming for £100 profit? I guess that's the state of aim at the moment, but there will be better pickings in the months ahead for those who dare

Biggest trade this morning £1500 don't think so............... what's going on?

Mr Walling.............( Omega Man leans from upstairs window cautiously at stranger below ) yes there has been topping up, just not showed up yet. Don't know why.......