Member Info for chipsta

They aint drilling mud, its rock, makes no odds.

Stand bye, news is due!

A long term investment for sure, you never know where this will go.

GLA

Ralph

I hope this investment doesn't owe you much, you've bought into a 'possible commercial plot of sand' that nobody is interested in, no serious investments via RNS. The Aussies would of dived on it if it was worthwhile. The biggest investing mining nation in the world aren't interested, strange that?

A bag of sand at B&Q is about £8, probably a better investment.

GLA

Mooching

I can't believe anybody is tbh.

Possibly, if there's a significant amount of investor's to convince, these companies have none and are both in debt, there's no serious investors for a reason, it's just a dream. Dilution =wages, they've been doing it for years.

GLND is a resaonable risk at $1,00, 80M at £0.3p, Asset value is totally different until oil or gas is struck. no oil, no value.

A financial reverse takeover (RTO) or reverse merger typically takes between 3 to 6 months to complete. While it is a significantly faster route to going public compared to a traditional initial public offering (IPO)—which often takes 12–18 months—the process can be completed in as little as 30 days under ideal circumstances.

What RTO?

Andynic57

You could probably buy the whole company fot that.

Awesome.

Smooth

The Sells v Buys tells a different story to your's, same ol' drivel for years, get rid and buy something worthwhile holding.

I got out initially at 34p did my homework then wasted 8p a share a while ago, it's a toilet looking at a flush, admittedly some turds float, i'd buy some tissue if you're still invested. then you can hide it from her indoors.

Andynic57

I don't know where you stand financially but i can generally guarantee you ain't gonna make anything out of this turd, youv'e all had enough RNS's to suggest it's corrupt, it's possibly going lose you a lot more.

Both AMG and UPSA have circa £3M of debt (each)annually, there's no profits according to Company's House, it's all management fees and director wages funded by dilution, thats your money basically, youv've just paid them for another 4 months.

Radrunnr,

I hope the RTO does go through, quite a few Pi's have lost a fortune, unfortunately, even if it does there's a lot more payments to make even before any contractor starts to mine anything, i guarantee you the cost of mining and a potential profit will be negliable, the mining company will be the winners, if there is any.

Yorkville are a 'High risk, boutique' investment company, basically loan sharks with a licence. Total current assets to the value 0f £1M, according to their current website, it's looking very tasty.

GLA

I can see all the serious investors chomping on the bit post today's RNS update.

GLA

Massive buys this week, all looking good, some serious investors.

Unfortunately there's no confidence in the company, just penny deals really, all the big players have moved on, they dealt in the 50/60 pence price range, there's a reason for that, they had more information, a 300% gain, now a 90% loss, i could be wrong.

GLA