Member Info for cristalball

My view - 1) no major ever existed 2) no Nomad will touch FRR 3) de list 4) administration 5) hope gets what's left That's pretty much it

I can tell not many of you have worked in finance / professional services. The DD process for any potential Nomad will obviously raise similar issues to those that resulted in the resignation. Unless you honestly think that they will turn a blind eye ? Just think of how client acceptance procedures work. They consider overall risk profiles / legal matters / jurisdiction analysis / track record / transparency/ going concern / PEPs / UHC / etc. .....

That's a very hard question to model , obviously you need to consider the reserves we are aiming to bring into production, the associated capex / depreciation and op ex to get to the £100m NP stage ( which will determine how many shares are in issue at that point ( if we raise in that manner) ). Ultimately the divi p/s will all hinge on that .

This has hit the nail on the head . Why buy this share to sell out before we know the results ????? I was in 88E from 0.2p to well over 2p . No reason this can't do the same and more .

that guy on twitter must be cr@pping his pants. also Miro looks to have made a mistake!

looks like you were right mate. New Nomad confirmed? Trading update. ?

Yes - wire-logging results will come on Monday - and another interview (possibly)

.. that looks really good. what an amazing interview. he looks like he is about to explode.

based on the spread leading up to the declared time.

02-Jan-1912:16:2812.0998,790Buy* 12.0012.101,064O

02-Jan-1912:15:3012.01629,178Sell* 12.0012.103,506O

02-Jan-1912:15:2912.1024,694Buy* 12.0012.102,988O

02-Jan-1912:14:0912.0998,215Buy* 12.0012.10993.93O

02-Jan-1912:13:4612.094,098Buy* 12.0012.10495.45O

02-Jan-1912:12:0212.0540,000Buy* 12.0012.104,820O

02-Jan-1912:10:4912.09115,000Buy* 12.0012.1013.90kO

02-Jan-1912:08:5212.091,720Buy* 12.0012.10207.95O

This is going to explode . Perfect storm of news and funding . I can't see a better share at the moment

88e went up 40x from lows . That's a few quid here

Chaps - A quick heads up - i have been calling out FRR as a scam for a few years and am taking some heat on their BB so expect some lies to spread over to here.

Everyone prays the one they sold doesn't make it big don't they ? ?? I have made some right pile of mistakes investing - I wanted a discussion 2 years ago but the idiot rampers flamed me . So here you are boys . Enjoy .

I think you can't see the wood for the trees .

Investors can offset their losses here against any CGT payable in the 18/19 tax year .

It's an investment site . I don't want to see anyone lose money but it's a fact of life on AIM. Frankly if you have more than 5% of your AIM portfolio in here you are a total mug . Ditto if you see fit to put hundreds of thousands in here and can't afford to lose it all. If you have that sort of clout and put it in a Microcap O&G explorer with the track record FRR have , you need psychological help.

Noble have nothing to do with it ? You know they are the UHC of Talaxis , who are investing a further £7m once resource statement is updated ? The restructuring thus guarantees the next tranche. ... Ah - sorry just recognised your name from FRR where you are obviously unhappy that I have said for 2 years now that it's a total scam (got flamed - chickens coming home to roost - it's going under ) . Only smart investors here mate - nothing for you to see.

We should be sorted for our next £7m KEY ELEMENTS OF THURSDAY’S RESTRUCTURING New Noble acquired all assets of the old company. Senior creditors will own 70 percent of New Noble shares. Shareholders get 20 percent and management holds 10 percent. New Asset Co. Bonds, New Trading Co. Bonds, New Trading Hold Co. Bonds and Senior Creditor SPV Shares have been issued to creditors. New trade finance facilities of $800 million have been made available. Scheme claims of creditors have been released. All existing notes are canceled; along with existing perpetual capital securities, they should be de-listed Dec. 21.

Some highlights: - 2018 focused on completing the drilling programme - with infill and step out - Drill programme - exceeded our expectations - some really good results. - Key objectives were #1 - increase grades in resource for existing mine plan of 8.5 MT and #2 - increase size of overall 32 MT resource - Resource calculation underway - expecting lower stripping ratio and overall upgrade to the project. - First Q1 2019 - full technical report to be published, triggers next tranche from Talaxis - Completion of feasibility study will be main focus for 2019. - Few REE projects globally, very few with such low capex (new railway line /road network upgraded - We will be a low cost producer / competitive advantage. - The chairman's expanded share holding secured at a premium which locks up warrants. - Expected increased in customer demand for REEs - especially clean tech - huge growth in EVs next few years, much higher demand for REEs. - Our pathway to production is clearing. MKA in a great position.

Needs a bankable CPR . The obvious answer is because the asset isn't suitably viable to sell .