Member Info for dai2belts

No doubt people were buying ahead of the pour update, as something to trade..as it measured progress

No update creates negative speculation, even around that seller

Dropping, this months gold pour is yet to be announced ??

A few are doing well on no updates, rising over a number of days including dead dogs like WBI, .. PRD has been recovering over the last two days, TRP too

Not sure He1 were honest, they somehow have $10m in the bank, thats. come out of the pockets of the LTH they diluted, while making vast sums for the city

To be treated and kept informed like inside owners would be nice, its AIM..

@Bluebay, you probably also have to deduct other costs like wages, exchange rates, licencing fees...

So a $1.6m change in balance between June to December isn't much at all..

An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to an Ore Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

Seeing there is little change

See they is little change(~$1.5m) in the June 2024, and Dec 2024 balance after spending +$10m I wonder if thats why they did'nt vote to receive and review the finances at the AGM. ?

Looks like those that bought in on the 0.5p placing to fund Itumbula EWT were lucky to get the chance, did they need to raise ?....

EWT and additional drilling at Itumbula West-1, as well as providing additional funds for operational contingency. The budgeted cost of the operation is US$10.2 million which includes a 5% contingency."

Mid June $10.2m raise for Itumbula

30 June 2024, the Group's cash position was US$11,647,723, +

August-Sept $10m Itumbula drill and EWT

August Blue Star $8.2m raise

November Farm in complete]

31 December 2024 of $10,021,699

7.25p just gone through..... come on 10p, :)

Still going, its now close to the trading range where it rallied to 20p

They raised and diluted like crazy during 2024 and claim they had $10m end of year, that is really questionable....It suggests that the 0.5p raise of ~$10m June 2024 to cover EWT wasn't needed....

"The net proceeds of the fundraise will be utilised to complete the EWT and additional drilling at Itumbula West-1, as well as providing additional funds for operational contingency. The budgeted cost of the operation is US$10.2 million which includes a 5% contingency."

Or the August raise to pay for Blue Star, farm in completed Nov......$8.2m

30 June 2024, the Group's cash position was US$11,647,723, ( August was Itumbula drill and EWT)

31 December 2024 of $10,021,699

Well with the dollar weakening I hope He1 are not keeping cash in dollars, or converted £ to $ to do so .....

Net cash balance at 31 December 2024 of $10,021,699

How so much left as at 30 June 2024, the Group's cash position was US$11,647,723, they completed the Bluster farmin

"a 50% interest in the Galactica Project in exchange for paying US$1.5 million to Blue Star in consideration for past costs and funding the drilling of six (6) development wells (capped at US$450k per well)."

Said Jorc, I believe inferred, to be moved to indicated,, I think I got that from the interview I linked

Maybe not, at second glance I don't. think all the blue trades are buys

Typo in my conspiracy

Looks like MMs took some of the placing shares...

almost 300k of buys followed by what looks like a 300k sell, tight to buying price

Looks like MMs took some of the placing shares...

almost 300k of buys followed by what looks like a 330k sell, tight to buying price

I see the is an update missing for Jan 2nd in the RNS list..

QED were awarded EUR 63,500 by CINEA

https://www.investegate.co.uk/announcement/rns/quadrise--qed/seastars-cinea-horizon-grant-agreement/8641212

QED. 3.7p, One to watch, pumped to 8p when MSC contract was signed, I guess many thought that was the last legal hurdle...... contract was almost a year late

Three further contracts required.............

1. Quadrise and MAC2 for services

MAC are going to produce the fuel for the trial, using QED equipment and technology

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2. Quadrise and Cargill for tolling

Cargill are going supply the fuel feedstocks, QED the secret ingredient and take a cut

-------------------

3. MSC and Cargill for fuel supply.

MSC the ship and ultimately sign a contract for fuel

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I would guess if 3 gets signed first the others are nailed, and trials can be scheduled,

..... maybe 8p again

But its drifting at the moment as two other fuel trials that have a May/June deadline are quiet, although there was a photo of guys on site in Panama for the Sparkle diesel power plant trial..