Member Info for cashking

We Have A Truck Too …….

Yep ….All Coming Together …

Usually Just Have An Office And A Load Of Directors …..Specialists In Finance ….(Avoid )
I Like The Fact We Have A Drilling Team ,Soon To Be Teams …With All The Kit …..
Maybe We Get That Lucky Hit …. Company Maker …. I Personally Look To The Future …Not The Past ….

Look @ The Bid Price ….14 Cents …..17 Shares Traded ….

Apart From Extraordinary Bod Remuneration….
In The Accounts …Under Admin
Titled “Other” … A Figure Of £111,000….
Could Someone Ask For A Breakdown Of What “ Other “Involves

Does Zak ….Really Think This Is Worthy Of A ……£50 Million Mcap Valuation …..
Imo This Stock Is Shockingly Overvalued….

Absolute Shambles ……

What A Great Deal For The Lenders …..I Suspect They’ll Want The Strike Price As Low As Possible …. Resulting In Millions Of Shares Being Dumped Between Those Dates …..Imo

· On 31 October 2022 the Company announced that it had agreed with its lenders of a debt position due 31 October 2022, to make an immediate repayment of £150,000 with the residual balance of £627,600 being deferred to 31 March 2023. The Company has further agreed a refinancing fee of £77,760 to be paid by 23 December 2022 in new ordinary shares of the Company to be priced at the lowest VWAP of the Company's shares as traded between 31 October 2022 and 20 December 2022. The Lenders will have the right to convert any outstanding balances into equity at the Strike Price between 20 December 2022 and 31 March 2023. The outstanding balances will accrue a monthly coupon of 1%. The Company further agreed to a series of potential accelerated repayment scenarios in the event that asset sales for cash or new equity placings were completed before the balance of the loan amounts fell due. The Company also agreed that before 20 December 2022 it would either pay a fee of £475,000 in aggregate to the Lenders or extend 112,500,000 of existing warrants currently allowing purchase of new ordinary shares at a price of £0.004 until 20 February 2024, to an extended term where they remain exercisable until 31 March 2025, with a related resettability clause associated with these warrants to also be extended until 31 December 2023.

Over The Year …
Share Price Destroyed……For Shareholders
Meanwhile Scotty Bagged A £35,000 Bonus
And Parsons £30,000……Mouth Wide Open Moment !

Looking @ The Trades Of That Day …. Vast Majority Of Trades Were Above The Large Trade Point .Of Note Is Was A (LRGS) Trade

Re Aus Listing
Most Days Zero Trades (Average Volume Traded Over The Last 90 Days …. 20,000 Shares )
Just Checked Hot Copper ( Couldn’t See Anyone Talking About Them In Any Of The Threads )
Anyone Know How Much This Aus Asx Listing Is Costing ?

All Locked …It Would Seem !
Unless Things Have Changed ….
Take A Look At The Accounts up To June 2022
Section (10) Loans

Did They Participate In Sandfire Latest Placing ?

Just The 1733 Views ……Nice Herd ……. If The Right News Drops …..

80s ….. 14 Grand Mortgage …. £92 Per Month Repayments
£160 A Week Pay
10% Savings Rate
50 Pence A Pint
Out Every Night
Great Music …. Pubs Packed
Simply The Best ( Hard Times , Not Really )

Ticking Up Nicely …..413 Views

https://t.co/wqrCTqGU1i

Let’s Hope This Investment In Southern Gold Turns Out To Be Better Than The Rest …
23/3/20 2.2 million Aus Dollars @ 0.10
3/9/20. 1.74 million Aus Dollars @ 0.12
4/1/21. 146,000 ……Aus Dollars @ 0.1193
7/6/21. 225,000 ……Aus Dollars @ 0.075
16/11/22 382,000. …Aus Dollars @ 0.023 Todays Investment

Re Royalty’s ….. How Much Per Annum, Do You Envisage Coming Into The Coffers?
And Do You Trust The Bods To Put It To Good Use ….