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To me it just seems very far fetched that ..
1. They would employ Alexei Churakov
2. They engage with CITIC and VTB even prior to the signing

Just to sell warrants. It’s a million quids worth. So we think the banks are in on this too? It seems pretty far fetched. Thought about this a lot

Volume a dead duck? Over 1100 trades and almost £3 million worth of shares traded yesterday. What a stupid statement.

They can’t cancel the warrants. They can’t stop warrant holders from selling warrants. That is a ridiculous statement rob.

Agree. Utter garbage. You should see all the stick I’ve had in twitter for doing well here. Being accused of being part of pump and dump gangs etc. It’s funny how they all arrive after the event but don’t comment before on the company. It’s quite simple. Either you believe the company and what they say, or you think they are bare faced liars just selling warrants. Until this plays out you can’t say 100% either way but you can use your judgment. What I would say is that if you sell and an offer comes in, the ones calling this a fraud wont be apologising. They will just move on to the next stock to bash

Predictive text typos but you get the drift

Typo sell

If that’s the case Rob you wouldn’t want to buy back. The only reason why you would buy shares at 1.5p is that you think you can see them higher. Buy you have said it’s not worth 2p so I’m guessing it will be worth that if you hold shares, but not worth that if you want to buy shares. But of a contradictory statement there

its 20% up now. just watching

just checking in and now paying over 13's. leak?

It’s was well over 1p before the power issues. Should be heading back up there

Morning all. Should be getting another warrant exercise rns I would assume.

And I even got accused by someone on twitter for promoting this stock because they think it’s ****. And they think that 5000 trades yesterday with millions of pounds changing hands every day is done to me ??? That’s what it sounded like. That’s the problem with aim. When you do well all the jealous swines are quick to get the knives out. If this was 0.6p and I was buying no one would give a crap.

Kalan. 7kg is the maximum daily current production. Some on twitter have called bull**** on that and said the sp is being ramped purely to get warrants away. However 7kg per day at basket price $900 at $400 costs is still circa $3 million per month gross profit. Warrant sales account for about a million quid so it’s only 2 weeks of decent production for the same money coming in as the warrants. So with EUA are basically lying about everything or very good things are coming.

im staying in this one

As previously announced, the State Government of Gujarat and the GSPC Board of Directors' have approved a sales process for many of GSPC's Indian E&P assets. Oilex and GSPC have now agreed that GSPC's 55% PI in Cambay PSC will be included in this sale process. GSPC has also undertaken to use its best endeavours to complete the sale process within 90 days from the commencement being 26 September 2019. The closing date for submission of bids for GSPC's PI is 11 November 2019, unless extended. Pursuant to the JOA, Oilex holds a first right of refusal where GSPC disposes of its 55% interest in the Cambay PSC.

Even at low ball basket price and higher costs they are still making circa $2.5 million per month. The sp is underpinned by that anyway or should be higher on those numbers. Ignoring the resource sale.
All this talk of tanking SP is nonsense. It’s going to be going much higher imo

Mikey. The income from this operation is still very significant and underpins the SP as it is.

Current maximum production is 200oz per day.
That’s 73000 oz per year.
Costs stated at $300-400 per oz.
thats say -$1400 profit per oz.
that’s $100 million profit per annum based on these figures. Watch from 2 mins
https://m.youtube.com/watch?v=d_YMY6yiMDE

Warrants can be pre sold and then converted later.
Don’t be surprised if they have all been done

And the question is, if 2.32 million oz of palladium is worth $700 million, how much is 15 million oz worth? $5 billion ??
If anyone listens to these lunatics deramping the shares after they have sold they deserve to lose money. We assume EUA are in talks to monetise this asset for what we are led to believe is the going rate. The mcap here is £60 million. It’s got at least 1000% to go from here imo.