Member Info for D220

Where is the PFS???

Still not quite matched the 52 week high. But probably will today... :-)

There is a bit more life on ADVFN. Good to see this steadily pushing up without hitting any speedlimits or drawing in The Herd. Plenty of distance to go yet...

No worries bbr - its all just "back of a fag packet" stuff but gives an indication of what could be....

TurboShale produced oil at a cost of $4.50 - $9 pb in the Eighties. Using an inflation calculator that would be approx $13.50 - $27 pb now, assuming that the technology can't be improved, which I very much doubt. So, lets call it $30pb cost of production with a conservative $60pb revenue so net profit of $30pb. The last JORC identified just one of Tomco's licences having 126mb. Guestimating a 20% recovery would give a net value of $750m or �560m. With the current Mcap being around �5m, you can see the potential..... And yes, finance will be need to get into production but with that sort of prize I really can't see that being a problem post a successful field test.

Mrslb, I am certainly hoping that your husband can retire from this becasue I would be able to also! I reckon you will be looking at a qtr mil � absolute minimum if you are here for the end game, whether that be production or take out......

Certainly looking good! And this is before it becomes known to a wider circle (otherwsie know as "The Herd"!) so there would seem to be plenty of potential left. Can't believe how quiet the various Tom BBs are....

Errrm, logic not your strong point obviously! My post was factual too. Just because you seem to disapprove, doesn't make it less so. but whatever....

No more moronic than most of your posts :-)

I had no problem getting 75k at 8.5p :-)

To set the exercise price at 4.8p is uninspiring! And yes, I know they are options and will only be exercised if they are "in the money" I just think that 4.8p is massively unambitious and frankly, greedy. Maybe I'm the only one, but it smacks of nest feathering IMO. I dont begrudge rewarding the BOD per se, but think that 4.8p is a soft target. Anyway, as per my previous post, the potential here is enormous and I guess if I do well, the options award will become irrelevant to me!

This posted by MexPete on iii shows the potential here: http://www.proactiveinvestors.co.uk/companies/news/197930/horizonte-minerals-has-one-of-the-largest-undeveloped-nickel-saprolite-projects-in-the-world-197930.html

What ARE you on about? The share price is around 4.3p! To get to 4.8p is around a 10% increase. Hardly inspring. If the BOD cant see the shares price MUCH higher in 6, 12 or 18 months then they are in the wrong job.

Seriously guys? You think 4.8p is a premium? I would have liked to see 8p exercise price to show some confidence.

Not impressed. Exercise price of 4.8p is hardly ambitious. Doesn't send a good message IMO

I would expect a more detailed timeline for the field test. Possibly news of a deal for licencing the RF tech if sucessful or maybe even a partner.....

Only going one way which should make oil shale and Tomco more attractive: https://www.telegraph.co.uk/business/2018/05/24/price-oil-soaring-rise-renewables-may-last-hurrah/

Only going one way if you believe this article: https://www.telegraph.co.uk/business/2018/05/24/price-oil-soaring-rise-renewables-may-last-hurrah/

Ha! No me neither but if we all get a bit richer because they are "motivated" then we are winners too!

Mommur - I am very happy with this. If it ensures that the BKR deal is pushed through by 31 Jan 2019, I dont think we can complain. Not quite as good as Director purchases but still shows confidence IMO