Member Info for Bridgedogg1

Do we think there will be a fund raise shortly? Can we use the project cash to cover our own admin expenses? Currently security alone must be quite expensive, along with lots of legal fees. needs to get this over the line ASAP

Fact is market won’t believe in funding until after it’s signed. This has been dragged out for years and I fully expect Saudi to become the focus and Hiwabi(?) to be first to production in 2024.

Just trying to work out the initial profit for phase 1:

Initial revenue is expecting to be $1m per month.
Cost of production is ?? Say $500k per month.
70% net to CGO is $350k profit per month??

No real idea on the cost of production.

Initial production is going to require how much expenditure?

Phase 2 ramp up will be in how long?

Thoughts?

Fairly positive about the direction of travel here. All seems to be coming together nicely.

I wonder if there was a desire to get the financing over the line before he declared the security issue?

Just saying that the likelihood of a Chinese state owned company buying CGO out for £100bn+ is quite unlikely. The coal shortage is great news for CGO, should move along offtake and increase revenues as supply squeeze pushes up prices further. Just want clarity on offtake negotiations that have been going on since pre January, and in the meantime calling out crazy rampers.

Ye I've been there a couple of times, think they used to do a pub quiz in the week.

Just maybe he has to wait for the results on the deeps to come in. 6 separate sections being tested. We have to know how each one performs so we can target side-track and future drills. Cant be quick but should be valuable to shareholders. There's a drill 4 MILES away wide the same layers showing so we should be on a winner with 2 mile horizontals.

We should have a full update on Barron deeps testing and workover production increase shortly, all together. Would have been messy to put it in the consolidation RNS imo. I production has continued to increase at the same rate as at the end of August we should be somewhere around 2400bopd net by now. I'd be happy with anything over 2000bopd.

Interview on Monday 11th October. Don't forget to submit your questions. I'm picking up:
- Value of pilot mountain disposal
-Uranium drill expectation
-Potential Lithium at Ragged Range
-Value of EnviroCopper investment and potential listing
-Future Grant funding

Loving the share-talk description...."..giant-killing Atomic deal..."

too right

Easy money at these levels. Think the MMs have been a bit spooked by this mornings shenanigans . Arty will be looking to get something out fairly soon. What's the details for the interview today please?

31p for anything over £7k

Got a trade at 30p trading from the chart in IG

cant buy agggghh

The only platform open must only be allowing selling because every small trade moves it down. I think you might be right, search for volume. Confident this will move up quickly once it opens. I'm going to try and get in early.

Problem is its say in the middle of the African continent so they aren't going to be shipping it to China anytime soon. Needs to get the offtake with local companies.

IG no open for me 'no quotes available' and an out of market indicator next to the stock

If IG open up at a price of 30p to buy then I'm all in! This will see 40p in no time.

Even buys are moving the price lower, don't think we can take much from the price action so far until things open up