Member Info for ConMan94

This could go wild.

So around 6 weeks until this company that produces next to no gold has to repay over $10million to AIMSL and people are holding here why?

Skin can I ask you a genuine question. The company literally provided a slide in their presentation that they make 0 FCF at this oil price. They were always going to have to cut dividends which would hurt the company. How come you didn't sell?

RB - We meet again :)

RB - I have license concerns so I sold, that's it really. I'm still exposed to gold price via investments into other gold miners.

Held this share for 7 years, but today I've have decided to sell my position to lock in a 450% gain on investment. Good Luck to all holders. I will be back when the License is granted.

That is so unfortunate for holders (I'm not). The company really needed this well. Not entirely sure where they go from here. Cypress wont want to drill F4 now. They do have around £600-750k in cash which helps, but what can they do with that. My guess is that they buy a new asset with cash, debt and more equity.

They've just bought another 1.8% of the company now 15%+ and have a board position. Company should be reducing 2026 capex from $240m to circa $100m. FCF = deleveraging. If Oil starts to rise in Q2 26' then you have a super leveraged play. could easily 10x.

Remember all we're waiting on is FUNAI's sign off. The authorities WANT to give the license.

Some huge sales again today. SP holding up very well. Soon as Fratelli go, its BOOM time.

It's up 20% in the last month lol. Just having a breather.

Quarter4

oZ: 12000

Pog: $4,200.00

Revenue: $50,400,000.00

AISC: $1,801.80

GP:$28,778,378.38

Drilling : $2,500,000.00

Tax 28%: $7,357,945.95

FCF:$18,920,432.43/£14,001,120.00

Expected cash pile: circa $53,500,000 which is £0.47p of the share price.

company did $67m in revenue in the ENTIRE of 2023.

Dairen, the 100k tonne limit is post ore sorting as Mike has alluded to many times. That means you're looking at 9gpt to be conservative (mike has said it will always be a double digit product). Allowing for recovery rate of say 94% you're looking at circa 28koz pa.

Nice. SAG up 8% today $2.2CAD per share. CHF has 400k shares. - plus £500k from the recent sale, plus £325k from the raise. Highly recommend looking into Kevin Chin, his enterprises - listings in the USA and his connections in the middle east. Something is brewing.

Congratulations to all holders, cracking update. Should meet guidance comfortably now. Cash pile continues to grow. Maintain my £4 target.

Geezers shorting when gold is making ATHs and company growing production lol.

"the full license is clearly not coming". what are you basing this on?

Goldgeezer. Not seen you since the shares were 50% lower.

Company is bleeding at these wti levels. Need these 2 new fouke wells to hit.

Don't think its got anything to do with AIM Kat. We were at ATHs and gold dropped below $4k & we still have Fratelli selling. To be honest, when you're in for the long term, nothing wrong with the odd mini correction. Keeps everything sane. Anyway - Q3 results next week. Looking for minimum 11.5koz. Anything below that slightly disappointing and leaves them likely missing guidance.

Trump is now threatening china with more tarrifs and gold shoots up past $4k again. hey maybe trump is the one that wants gold high. Maybe fort knox has loads of gold hmm