Member Info for Bridgedogg1

Pretty soon the debt will exceed the mcap. Risk of placings. Market has no faith in paradox.

This should come good. Eventually.

This was getting primed for a pump and dump all weekend. It’ll all be over in a few hours.

Possibly not a production update but they have committed to releasing an exploration update:

· The Company is currently finalising exploration plans for FY-2024. Details on the Group's exploration plans, including updates on the completed extension drilling, is anticipated before year end

They may just tag something on about the current production

You mean before close?? ;-)

Gold seems to be holding at $2075, above where it closed on Friday. A small uptick in US bonds strengthened USD and forced profit taking on the fast rise. Ongoing US data releases this week should see continuing support for gold. Back to $2100 region fairly quickly IMO

Wow.

By the time this gets into full production existing shareholders will be diluted massively, share price will have dropped and Canmex will own most of the farm.

Looking forward to 8am

Hey I have a company worth £10. Do you want to buy 10% for £200?

Nothing has happened that would prompt cammax to alter the agreement. The agreement set out the terms for either providing product or not providing it. Just because Prem hasn’t provided the product what has changed?

Liquidity grab? Someone sold quarter of a million so it immediately dropped. Recovery was positive, people are happy to hold onto their shares for now. Hopefully it doesn’t drop below 2p.

I remember in the early days Zephyr was built for n the idea of quick paying back wells and then using free cash flow to rinse repeat. Now it’s in debt up to the hilt and looking to max out the credit card every time the limit is raised. Very reliant on high oil prices and waiting ‘the big drill’ just like all the others now sadly.

Only caveat to that is if nickel prices get back up all time highs in the next 12 months then that’s a different story otherwise shareholders will only be paying back finance and experiencing further dilution for years to come.

My view is that mid December confirmation of bridging finance will see a strong rise in share price. The subsequent financing will see a combination of equity wipeout and additional loans. So maybe a good short term trade from here but long term the chance of getting the mcap into the hundreds of millions has passed.

Didn’t Yanfolila do 100k oz in the first 12 months?

Good time to be producing gold. Will it hit 2100 for Monday’s open??? A gold pour RNS would be lovely. Expecting 2024 drilling plans to be released shortly as well. See this moving to 20p fairly rapidly if everything falls into place.

Nicely timed buys showing up

Powell advising rates might not be cut as early as some expect. Gold shrugs it off and heads to 2060.

I don’t buy the coordinated attack theory. This company has huge loss making contracts and mass Be write downs. It’s only surviving due to debt. Until positive cash flow is demonstrated it’s very risky and close to as worthless as the share price reflects. Only hardcore followers and big gamblers buying in atm.

That’s right, I’m a newbie, bright eyed and bushy tailed, hoping for the best. POG back to $2050 and motoring.