Member Info for BigBear2

Love this to be true Tilburn but I can’t see how copl could have funded drills

We are purchasing companies owned by them so it seems they just want to fully cash out for whatever reasons

Main thing is this is being massively backed by iis at a premium and the amount raised us multiples of current mkt cap

Future looks very bright imho

You are assuming the majority are investors.

Trolls want this as low as possible for their swing trade or short

Only when VWAP is done will they find a new gig…

Wookie I think most here will be glad to get back to 20p….

Arthur really has done a number on equity although I would say as head of finance the blames is in Ryan’s court.

There was plenty of chances to raise equity when the sp was in the 30s to give the company a cash buffer

It is what it is and let’s hope the new BOD actually consider shareholder value

I’d rather see bonds repaid in full then senior loan reduced from JV cash if some cash remaining

So the entire RTOwill be funded by a premium equity raise at 0.5p

You would imagine there will be takers for Paloma shares on same terms expecting an off market transaction

Ignore that one lol it seems Paloma are selling their assets to Rock so they won’t be here for the ride looks like they are being replaced by other iis, hopefully there will be an orderly transfer of stock.

Just 2 new INSTITUTIONAL investors snapped up shares at a substantial premium…..

Imho this will open well above 0.5p

Paloma are here for the lon. Run and have purchased shares at a premium these are serious assets the company is buying that are a step change in the scale of the company

Bolton it’s a joke really is, how Ryan is still in a job is beyond me.

I will feel a lot more comfortable if the JV wipes the bonds out but who knows what the terms will be.

PANR only paid the quarterly interest via placing monies and. Look at the effect when VWAP is taken out of the equation

We need an announcement that injection rate has been upped and what the rate is asap

From that time we at least will know substantial production increase approx 4 weeks after rates amped up hoping with the new pipe work it’s amped up to over 10 although they may be conservative initially

Can’t be higher till injection sorted they have had Long time to plan this no idea why so slow to implement

To me the difference is PANR did an equity raise so that the VWAP that is killing this share on interest payment was eliminated, eg the equity raised paid at least this quarters bond interest.

We need the bonds gone and loan renegotiated before any recovery happens here

Bolton close to losing plot here.

Mgt reshuffled but same old sh9te with the sp.

Why it had taken so long to plan the required injection rate to get us back over 2000 bopd is beyond me…

Finger in the air 3 months

What’s nuts is rock was already way undervalued.

Mkt cap should be anywhere from 50-100 mill on relist

Information on Emirates and Emperesse

Paloma is the largest shareholder in Rockfire, with an interest of 21.7% in the Company's issued share capital, and owns two operating subsidiaries, Emirates (100%) and Emperesse (99%).

Emirates' principal activities are operating a gold and silver refinery and trading of non-manufactured precious metals and jewellery in Dubai's DMCC multi commodities centre free-trade zone. During 2022, Emirates processed approx. 119.6 million grams (approx. 3.85m ounces) of gold and sold approx. 82.7 million grams (approx. 2.66m ounces) of gold. Emirates also processed approx. 39.1 million grams (approx. 1.26m ounces) of silver and sold approx. 100.2 million grams (approx. 3.22m ounces) of silver. In the year ended 31 December 2022, Emirates made a profit before interest and depreciation (EBITDA) of approx. 11.1 million UAE Dirham ("AED") (approx. £2.4 million) on revenue of AED17.8 billion (approx. £3.9 billion) and at the same date had audited net assets of approx. AED £192.3 million (approx. £41.8 million).

If you look at the acquisitions they are available at a knock down price as they are affiliated to rocks cornerstone investor

Sorry but this is normal to be suspended when you are taking over an entity(two in this case) worth MANY TIMES the current market cap.

Premium placing is a refreshing change from the normal heavily discounted AIM rubbish and shows the confidence here.

Imho this will revisit a penny in no time and beyond for the patient

Looks like a relist min 0.5 with massive scope for more.