Member Info for cristalball

Correct . This is totally normal and isn't a liability . It's basically the difference between what we earn and what we spend . We have no revenue as an explorer so our p&l will always show a loss ( deficit). The figure quoted is the historic difference . Basically it is the balancing figure against our net assets or negative 'retained earnings '.

I can't really say what I think as i get banned for it . But .... I think the chance of this company coming to something is around 1000/1 .

The price is low because of - recent dilution - prudent BoD who don't ramp the order book like our peers - PI impatience

Stick to the topic please . A statement below that " debt is equal to cash " - that is simply not true . They have no debt.

Can someone answer my question please . Why are we saying they have debt when they don't . Graham - go away

To clarify there is no long term debt .

Please learn to read a set of accounts .

No that is their own TDL 110. its the black long box that looks exactly like a Kylos unit with Bosch printed on it in white. bottom of the photo. just seems a bit of an afterthought.

why is it out of the kit box though. also not shown as a separate product on their products page. all seems a bit of a token gesture to me. hopefully will get some more attention.

magnificent 7 - love it.

If you work through the annual reports you will see that the board have not always been taking salaries . Also I am not certain why generating lots of cash via deals protecting SH from dilution and allowing the company to grow for free off the coat tails of others is being seen as a negative ! Also don't forget we have a new Nickel asset to start to look at . I would imagine the BoD will want to use the cash stockpile to advance that . Don't oh agree ?

Whilst warrants equals more funds , they also really don't need it having - £8/9m in the bank.

Hardly short though are we ! I can see a drill programme coming for chimbe .

People seem to forget this .

Shocking tweets today from him showing either a lack of basic understanding of company accounts or he is grinding the axe because he got this one so wrong previously . How can he not understand that an explorer spends cash , so has to post losses funded by equity / farm in or debt ? We have completed a huge drilling programme - ergo , net spend on the year is up as a result . The issue with any stock is funding . We have that sewn up with a pile of cash and free carry on two of our three assets . Best value stock on AIM . Period.

We have only done rock channel sampling on Thanbani ? No one knows what’s down there yet , but we get to find out for free!

We may as well ask the BoD to put the company up for sale .

I just don’t understand how we are still down here sub cash .

SEE management would say we had a potential pipeline of £500m. That’s the reason they are 10x star on basic indicators .

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