Member Info for ConMan94

https://www.youtube.com/watch?v=cvK42ylTtys&ab_channel=CruxInvestor

Toodle pip? You're going? BOOM THANK THE LORD. Please don't return.

The trolls don't like facts Helpful. They will not look kindly on your last post. Great informative post though, thank you. Have a great weekend all.

Always been a quiet board mate, no liquidity in the stock. Hopefully this gold movement sticks now and we start to see SRB climb. Company has about £4m in net cash giving an EV of £18m. I fully expect the Q4 update next year to be positive and that the cash pile will have risen, lowering the EV. SRB should do well here.

gold price mate, takes the pressure off SRB cash pile. Could be a great Q4.

Not surprised at the SRB increase here with gold going over 1700$. This is great news and take big pressure off the breakeven- loss making Serabi. build that cash pile and get a deal done with Anglo Mike.

Trek, NTOG has had the debt facility for years. The company is cashflow positive. That's the main thing. NTOG did really well on the last run from .2 to .8p. It then had some unfortunate issues, Warrants sellers and issue with the well.

Going forward we don't have those warrants to pull us back. We have PM #2 online, PM#3 being looked at, #PM1+2 looking at increased flow rates from RRC.

lol

I believe we probably are, Oil looking strong, dxy weakened, NTOG cash flow positive, next warrants at .6p which expire soon and sub 2m market cap.

Company hasn't done a fundraise for close to 2 years. It's cashflow positive. Can reinvest its profits into the ground and paying off debt as has been told in the RNS's.

Oh it's undervalued for sure, just disagreeing with the comment. Surely downside risk for gold here is low. As such should be fine.

Disagree with this being a 'Very good update'.

Q2 end cash was $11.7m including an after period end gold sale. Now its $10.3m with no reported delayed payments.

Company is losing money. No reported AISC for Q3. Told you this company is barely profitable and the evidence to me suggests that the company is losing money at the current level.

SP went from .25p to .8p so not expecting a different result. Hoping for the same.

Lmao. In fairness I did take profit then bought back at a lower price although I am sat at a loss on this trade. Slightly down overall. Still have full confidence this will get back up to .8p again. Wti will be 100 bucks again in short time. Take your positions now imo. Let's see what happens.

the sp went from .25 to .8p. It's then retraced due to warrant sellers, failed grant east well and oil price coming back down. We're now on the way back up. quite simple really.

BREAKING: OPEC is set to consider a production cut of 1.5 million barrels a day

I know what the AISC was mate, even still they're not making much. They're barely profitable right now unless they're ASIC has taken a dive.

right now SRB is breaking even. It has around 5m net cash maybe a tad more. There's more upside than downside from this level.

Only 8 trading days left now until 145,000,000 warrant expire. Will be interesting to see what Mat does here. Again, the reason given to extend the .6p warrants doesn't apply to the .35p warrants so it will need to be a new reason. The company is cash flow positive, oil prices going back up, then don't extend. DYOR.

20 days left until 145,000,000 warrants expire at .35p - again will have to see if they get extended.

"The Company continues to produce strong and increasing cashflow."