Member Info for Bridgedogg1

I've seen Ragged Range described as a 'gold & nickel project' but also there has been some sizable historic copper production. I expect the surface and near gold is worth focusing on.

Snooz if possible can you ask for the reason for the extension?
Thanks

The Colorado DRMS have weekly meetings so even though tis been pushed back to Dec doesn't mean that we will have to wait that long for a decision?!

I expect this to do very well over the next few weeks and months, added quite a bit (for me). Upcoming Copper and Uranium updates, the two hottest commodities about at the moment. GLA

Most unprofessional company update I have ever read. Wild ramblings sums it up. Also mentions his other company - is this an error?

“ The major farming in gains time by short-circuiting the often - for them - difficult environmental permitting and community relations - at which Clontarf's experienced team excels.”

So try first 3 eels seem to be targeting 200bod, wells 4&5 could be bigger.

Interesting video on the website re In-situ-recovery for the copper licences

http s://w ww.thormining.co m/projects/copper

I suspect the decision is extended by a month each month when the deadline comes up?

Sorry didn’t want to be overly negative, I think the coke project was a steal and a good take off would value it at multiples of current MCAP.

So the coke project was bought for £6.5m and the gold project bought for £1m. £1m loan to spend on basic sampling on the gold project. No other material work completed. How is the company undervalued?

The BOD are massively lining their pockets with CGO shares, convertiable loan - no interest but with 2x warrants! which is around 12% of the company so effectively 200% interest to shareholders, added to that a share incentive scheme @ 7% of the company.

I really hope they deliver on this.

Sorry to be a board noob but what is the anticipated income from Saltfleetby with increased gas prices?

Shard place this with investors, so I'm not sure how/why they would forward sell?

"The Company has entered into a Placing Agreement with Shard Capital Partners LLP ('Shard') under which Shard has agreed to use its reasonable endeavours to procure placees for the Placing Shares at the Placing Price. The Placing has not been underwritten."

Whoever leaked the placing has a lot to answer for.

Sure it wasn’t quite as bad as all that but auction in the close after dropping 10% I was hoping for an uplift in late buys but no such luck.

Seems to have been an over promise and under deliver with the Feb presentation suggesting both the gold and coal projects would be operating in Q4?

Needs a big offtake deal and a strong gold update this month??? Share price action suggesting that’s unlikely but might catch market by surprise.

Well the company have announced that they are in offtake discussions so not exactly crystal ball stuff from 100. Not good with sellers fighting to offload with an auction at close.

Well done folks, good to see someone is making money around here!

WonkeyDonkey - read the full RNS and you will find it

Obviously people are happy to have this known so we have seen a little uptick but the shares hit the market 4th October so plenty of shares now overhanging with an unspecified number/terms of warrants on Shards books. Its going to take some strong new to push trhough this, not sure where that is coming from in the next 12 months but the little bits of new flow on various projects will continue now without the looming question over finances.

ORR are very efficient with monies so hopefully no further capital raise required ror some time.

What a Sh*t show, price fall on upcoming placing making placing more expensive for shareholders. So many positive developments on the assets this was basically the only way to mess things up - and they pulled it off. No hope of a rise until placing is announced, no hope of a placing until the fall stops. So we are looking at 25% dilution on top of 20% fall in share price today with a share overhand for the forseeable. Someone made the good point - why buy royalties from a placing.
No doubt this is great opportunity for someone at some at some point (been hearing that for years) most here lost faith now.

Boyobach
I was having a look at this along with TLW, GKP and SNG and concluded that GNL was the best option having done a skim of the various half yearly reports. Looking to do a deeper dive today but when you say we only have '12 months to run' what do you mean? Also looks to me that positive results on QD and Sarta are not yet priced in? Any thoughts would be welcome.
Thanks