Member Info for booboobooboo

Yes that is what I have been led to believe , of course the leaked out news could be something else , either way we are only 1/4 of the way through a temporarily halted BB program.

Arden only received £500,000 out of the £2M assigned for the BB program , they have used up the first batch of money and will be allocated new funds post closed period i.e. the pending KIT-E drilling results .

Once released normal service will then resume .

The share buy back can not resume as we are in a closed period pending Kit -E drilling results .

Can someone explain how 20 million shares equates to 15 or 11% of MTR?

they should not only cont. the BB but extend it further until there are only a few million shares left and they will all be mine.

I think

May be the BB has ended or maybe its going to resume ,nobody really knows.

I am hoping the share buy back resumes when the sp returns back to 1.15p.
T4 and CBE activity news is great but we aren't likely to hear anything from them for a month or so.

I would be amazed if there not 4p by tea break . MTR hold 25M GGP shares equating to £1.2M

IMO Keith the point is to get shares in circulation down to 1.4B from 1.55B which is what I voted for but you can't do that sitting on your hands doing nothing .

Including warrants thats £1m to MTR atm , I am surprised it didn't open above 4p , it will of course IMO reach a possible 15p over time (6 -9 months).

Nice GGP results, its funny but I have seen a lot of £2,009 sell's going though even when the price changes.

Cobre IPO tonight but unless the buyback account gets topped up I fear we are slowly going to be returning back to where we started.

Well Keith they must know the kitty is empty I am also surprised we didn't get a T4 RNS , particularly seeing as it was amazing news.

ps Arden will of course require a top up cos i think they must now have spent their first 500k.

I will be very interested to see what Arden do next i.e. in the next hour and 30 mins.

But Helpful, you don't own any RRR,thats what you and Magic have in common.

I am not at all surprised this has fallen given the high risk there is of this ever getting mined , given the environment impact green coal has on CO2 levels.

8m warrant shares @ 2.5p

bought for 1.75p?

Keith the royalty already has a value we don't need to wait for payments to start rolling in , the more proven each reserve becomes the more it can be sold for or part sold , the price based on size , probability and time frame etc.

I can remember RRR selling half their Mt Ida royalty for about £4m 10 years ago and that has never been developed since and prob never will.