We would love to hear your thoughts about our site and services, please take our survey here.
I wouldn't be lol. I am hoping for a good 6 to 8% rise today but the price going down yesterday worries me. I presume that the reduction in share price yesterday is due to sell offs. Why sell the day before results if there is a large increase in share price expected the next day?
I wouldn't be lol. I am hoping for a good 6 to 8% rise today but the price going down yesterday worries me. I presume that the reduction in share price yesterday is due to sell offs. Why sell the day before results if there is a large increase in share price expected the next day?
OK I know that. Let's just go back to the beginning of this year. Since then no progress re the feed study. If it had been completed and one of the "many interested parties" looking to finance the project had come on board then price would still be the same as today ? Why no progress at all this year? You are saying that there is nothing that they could have done that would have increased the share price? Doing nothing was not their fault as they couldn't do anything and is totally out of their control.
Yeah ok i get that. But the reason we were at 6p and are now at around 0.8p is because of what happend at the company and that is nothing. To get us back up to 6p and hopefully above will depend upon what happens at the company.
Plus meanwhile whilst nothing is happening its time wasted and the money in the ACP pot is reduced month on month by wages to the directors. I thought that you had to do some work to be paid a wage. Surely whilst no work is being undertaken then no wages should be paid out. All of the money over the last few years paid in wages could have been used to progress on.
I agree Amtech but why no progress? Matt Bull has a lot of money tied up here (I believe) so why would he be not pushing hard to get the feed completed so that finance to progress the mine could be sorted and hopefully secured. I can only think that maybe he is not interested in building a mine and his looking for someone to sell the whole thing off to. If that's the case why has no one come forward with an offer? Some update from Matt would be nice. I am like you as I held on to my pre mining licence shares and bought more soaly on the progress on all fronts imminent message. So feel conned.
As I understand it the feed study needs to be completed before financing can be arranged. If that is indeed the case then I would love to know what progress has been made to completed it since the mining licence was issued years ago and what is still required for its completion and what the timeline is for completion.
I admit that I don't know the full ins and outs re how farm outs work but I thought that a full carry meant that all costs were covered by the people farming in - including seismic costs - otherwise it wouldnt be a free carry I thought. Anyway I hear what you say and take it all on board.
Come on Kevin don't let me down- I believed you a couple of weeks ago when you said that you believed ENEO would be back taking gas imminently - within a couple of weeks.. I even bought some .more shares on the back of it!
Give away 50%? Don't people farming in have to pay for it? I think though that you are correct in that Larry wants to retain operatorship. So let's hope it is a successful drill then.I am just saying that I would prefer that the full cost of the drill be covered by others even it left us with little equity. Larry has said in the past that Chariots aim was to farm out for free carries. Not sure why that seems to have now changed.