Member Info for bluetigeruk

Hartree are very experienced in this funding method and they would have done a lot of due diligence before funding - maybe the delay? My point is that this is an excellent validation of the asset and team in place - because if either was not strong they would not have funded. // Blue

Placing will be to employ 3 nephews of the president via a shared consultancy company with a caymans trust holding the equity and a bank ID in panama. Africa constantly complains about how they are exploited by the west but in fact have terrible governance, corruption and nepotism, and they will never get off the floor because of their own leaders.

Write to IG and tell them that they do not have permission to sell any shares in Mendell without your instruction and that they should transfer the share certificate in its physical form to you by registered post if they do not want to act as your nominee or give you an appointment to pick up the certificate at their offices.

440k at 5.3

The market smells a change in strategy from cheap extration strategy to mining strategy which causes delays to cashflows, costs more $$$ and probaly indicates a raise as well. The risk model weighs on the share price. Thanks my take - thanks Blue

Well done shareholders - i got this wrong and sold out a few months back - i was doubting the commercial uptake of H vs other fuels that are cheaper economically. Good luck // Blue

If you look at Pulsar helium - i think its 18 months.

I was an investor and then sold 6 months ago at 88p - but i have been watching closely. The issue with H2 as a fuel is that there is not really much of a commercial market / demand at the moment - there are demonstrator projects but they only exist because of grant funding - this is s a clear case here - its grant funding to cover the risk gap between emerging technology and establishing a commercial model. That's the longer term issue for me - once the grant has been spent on the demonstrator project and its 'demonstrating' is this a viable business meeting demand for H2 power systems. Anyway - i dont know what the future will deliver - but i feel the business is pretty well valued at the moment for their move into commercial production. Just my thoughts - thanks Blue

Pulsar is starting to trade as a War Meme stock - rather than a resource exploration play - see how it now moves with the long war thematic that is todays risk off market position. Thanks Blue

Just joined you as a Future shareholder - hope its not too painful. Do you think we are getting paid 6% to wait for a bid or break up?

Thanks Blue

Very happy with that - the company needs capex and opex - they have the $$ - not damage done to the share price and the business can get on and describe the asset in more detail and expand the asset with more research, plus place depoits for plant = cashflow. Great businss. Thanks Blue

Sure Element but you don’t need to go full CAPEX year 0 > 1 - the trucking can be a contract so its just Opex and also if the ore is crushed then shipped - the cost of shipping is pretty close to cashflow - say 60 days out, so until the ramp up happens then OMI dont need to buy a fleet of new or used trucks to operate - they can scale into that as cashflow allows. Ive run enough start up businesses to know how to slice the salami. Simply scale up over 12 - 15 months instead of 6. Thanks Blue

Thanks for the reply - looks like we bought at the same time more or less.

I was wondering what the asset values at if the step out drilling hits the same reservoir - and if it does and the flow tests identify continuity - then what is the whole footprint worth as an asset at that point? Thanks Blue

Reserved: That's interesting - what do you think would be that value if the whole asset extends to the step out perimeter - or is district in scale - - what is district in scale in terms of km x km? I'm a shareholder since 23p and would like your thoughts on this. Thanks Blue

Im doing it now 50T x 5 = 250G = 9oz ish

Hussain - processing 50T at 5 g/t delivers grams not ounces.

Process 50T get 10 grams.

28 grams in an ounce - your calculation is out by 28x

Thanks Blue

Hussain - how do you calculate 10 Oz per month ??

I read this as Indigo are divesting their CLN and placing it with professional investors. The new investors would have been party to the plans / ambitions and are buying into it with the understanding that new financing may be needed. I dont seethis as bad - 10% down on an AIM stock issuing new shares = meh.

Thanks Blue

Longfell - with 10g/t a jcb excavator bucket depth below the surface i would image they will truck some of that dirt to a processor. Then the $180 p/m will go away. Thanks Blue

RNS says Flow Testing 6 weeks per well - i hope they mean for all wels - not 36 weeks of flow testing. Any engineers here ?