RE: 700 k Las placing where has that gone14 Feb 2020 13:57
13253 * 50 which is low price I'm giving them = $662,650 or at $60 = 795,180 plus £750 *1.3 = $975,000 plus min revenue $1,637,650 plus $75k strawn. $1.7 million plus can't remember Gem. I find it hard to belive they have blown this money. Only been to one conference in China and that was a representative. Plus £300k now which is $455k total $2.145 million clearly something is not right and this placing was not required. Only one Stanley 3 drilled which is part of the 13% increase. Its all to do with ETX Capital coming on board and no reason what so ever. Greed *******s. JB does read these boards and had replied to My emails before.. The strategy is clearly not working look at the sp. Elon musk built up tesla he gets no wages or bonuses. Should be something similar here based on share price performance. We do not seem to be near corporate profitability. Strategy has failed cannot even get 100 bopd over the last 4 years. Stanley 4 is punt in a zone only they had to re-"work s1, s2 to get to the right zones. There is no garuntee that s4 will deliver. S3 was the drill for corporate profitability not even close. Even s4 will not take us there. So it worth traders even taking a punt as the price will no doubt go lower than 0.15..at 0.3 it went to 0.21 now maybe even lower. To 0.10 as people grasp the news a d traders cut there losses and move on. There playing with pennies so it does not bother them what price they sell. You win some and you lose some for traders.