Member Info for coconocchio

Gino that is based on you assuming the co inviting CB to Brisbane for negotiations is not as you say 'one of the big boys'

Given the lack of company accounts how are you able to work out current cash burn. Or are just guessing ?

Finally drilling the mother load. First of ten holes as well. Pretty sure the geology there is better understood than Bailieston so you would hope we could be onto a few rippers .

Couldn’t be drilling at a better time .

JV - balls up
Drill holes - balls up
Placing - sorted
Salary - sorted
Warrants - for the lads

Not great imo . Very disconcerting , basically the first few holes are rubbish and I am hoping the next are not . Not to worry though has we have 6 million in the bank and my salary is covered for the next few years.

Jobs for the boys hey ?

Good move imo . Millions in issue rather than billions. Thanks for the sub 11 stock

https://twitter.com/ukinvestormag/status/1308731985498648577?s=21

I was right , 038 was a gift . Looking forward to Q4 here

On aim if you were to sell on every ‘small delay’ you’d soon have no capital left, flipping from stock (loss) to stock generally bears minimal fruit. Imo today was a buy op rather than a time to sell. Only time will tell if this theory is correct

on a serious charge this afternoon. Lovely stuff

Copper just switched on the afterburners . Expect a strong afternoon here

Likes it !!!

https://www.fusionantibodies.com/news/fusion-antibodies-partner-with-biotickle-to-deliver-antibody-development-services-in-india/

That’s what I’m thinking as there was a 29k sell at 44. I’ll be averaging down

Could share your optimism here but this placing represents a 31% discount to my initial buy today. Couldn’t have timed it worse tbh.

Just hope they’ve some news to help flush this placing through , otherwise we will be pinned in the 40-42 area for a while.

Naughty dropping it after hours as well

CPO flying and only 2.70 to buy here. I’ve taken a few more this morning - marked as red but all buys

No coincidence either that a much more experienced CFO has been recently hired. Company are now doing much bigger numbers, so a guy with a much larger calculator was clearly required.

Quick reminder on well progress to date :

1XD - shut in at 800bopd
2XD - 2400 bopd
3 - 3500bopd
1WD - 2700 bopd
4H - 6200 bopd

Well 1XD is completely shut in, the others are restricted due to processing capacity, we are currently producing ~9000bopd but with potential for 15000bopd

Was also quoted in an official government notice early in the day http://www.portaldogoverno.gov.mz/por/Imprensa/Noticias/Mocambique-convida-investidores-chineses-para-o-ramo-de-energa-electrica

Specifically the governor of Tete as well. Convenient considering that is where the Ncondezi project is located