Member Info for Divermike

Leveller, what happened to the prosperous new year bit? 8-))

People have to be shocked by the news, gone are the days when facts are reported, journalists opinions are reported now, our local city has a homeless/begging problem with people sleeping on the streets, there are 23 regular rough sleepers, however there are 48 beds/rooms available for them, they remain unused each night, due to the person not wishing to give up their very lucrative begging spot

Agree with you there UNC, winds me up something terrible when I hear "Broken Britain" and all that F&^^ B(*(*^%£, its not broken and its not an IS

8-))

Hardly? is this a new # or something

No surprises in that report, tremendous potential, all still in the ground, nice to see a reduction in outgoings, going to jump off the chart if a favourable decision is received from planning

Having done some research, I am now thinking that we will never get told the actual Welsh Gold content of the coins, yes they may be 22ct (Expected), as with the jewellery, its a very closely guarded secret, for example, a typical Sovereign of 8g would only have to have 0.073g of Welsh Gold in it to claim it contains Welsh Gold, I sincerely hope they don't mess this one up and end up with Christmas tree decorations

Clueless, whatever suits them, they sort of make it us as they go along 8-))

Indeed, the financial year may have a few months left however the calendar year is fast running out

ATP, yes there were soooooo many buys the share price fell, amazing !!!

ATP that's not very encouraging, it's time for GF to go on the "Gold fever" offensive, to drag some more gullible people in, a sad situation, ore out of the ground not being processed or is it not worth processing?

Well said BM, not much downside from here with that amount of cash in the bank, huge upside

potential, almost certain oil has been found on Block 8 ...... Block 8 Deeps:- 2823sq Km contract area, 3 identified structures, cost $60m from future production at $5 per barrel waiting for licence, owned by Procyon investments (Member of the Oraziman family) The Block 8 licence was previously owned by LG International the Korean conglomerate, who in 2006 started to acquire 3D seismic data over approximately 456 sq km, "The Sholkara prospect has an unrisked mean oil resource estimate of 100-400 million bbl." The resumption of production from block 8 will trigger the repayment of the $3.1m loan advanced to allow drilling

P-1:- Drilled 2016 Depth 4203m, P1+P2 Combined 110 BOPDs did flow up to 800 BOPDs, Sholkara structure licence to 2027

P-2:- Drilled 2019 Depth 3449m Sholkara structure Licence to 2027

AKD-4:- Reached target depth 3922m awaiting testing Jul 2024 Akkuduk structure waiting licence renewal Sep 2024

T-2D:- Reached 3408m target 3500m awaiting testing Jul 2024 Toresai structure Licence not renewed Sep 2024

Olearney, if you want to extrapolate those figures over the entire waste tip, 4000 tonnes, if you pick a figure out of the air and assume 2000 tonnes contain Gold, 2000x£65= £130,000 before any extraction, transport or processing costs, after marketing one would hope the final sale price would be far higher due to Welsh Gold rarity, IMO the waste tips are just that, waste, there may be the odd nugget in there, but certainly nothing to set the SP on fire

Olearny, 33 tonnes of waste was processed out of the best trench to give 31g of gold, some of the other trenches were zero gold

I guess now hes been kicked off Masterchef, he will take work any where

Did I really write ect !!!!! sorry etc.

Hiya Invest72, AYM is getting more interesting than ever now, as Bonker said, huge upside from 1p

A bit more info on the CE (Waiting to be updated with exact profit ect).....Caspian Explorer:- Prosperity Petroleum, a UAE registered holding company for the CE, All cost written down in previous financial statements so that its carrying value now $1.7m, Originally bought for $25m, issue of 160,256,410 shares (Then 12p per share) Awaiting contract details/dates 2024 contract with ENI net profit $15m Costs of $60k per month when in port

However, strong operational performance from the company's first commercial drilling charter has “significantly increased the likelihood of securing additional charters in the coming years and also significantly increased the re-sale value of the Caspian Explorer should we ever consider selling”, the company added.

Caspian Sunrise said earlier it was in discussions to charter the Caspian Explorer in 2025 to a different consortium. If Isatay Operating exercises its option for a second well on the Abay block, then the drilling barge would be used for that program in 2026, Caspian Sunrise said.

The company bought the drilling barge for less than $3.7 million in 2020, it said, after the vessel was unable to secure any drilling jobs in the several years following its arrival in the Caspian Sea.

TT, yes it is indeed only potential and potential does nothing to put money in the coffers hence why we are down at 1p, very frustrating indeed, to realise that £260m is going to take a serious amount of investment/dilution