Member Info for ForrestGump

Bline59. I can't say that you are wrong. Obviously, I'm hoping that you are!

Bline59. We are awaiting approval for open pit mining of surface level iron DSO. Surely, any fool with a digger and a few trucks can make a profit here?

What I'm asking is - Why would we be wiped out?

ATB, FG

Chris2. Because I anticipate our ending the day above 0.2p my old son!

ATB, FG

Might be a bad day for you, Christopher!!!

I topped-up today. IMO the late-reported massive sell trade means a Placing is coming out way and fast. What odds 6p by end of trading on Monday?

That said, the BoD could raise so much more money if they can wait until the diamond drill bit starts searching for our gas reserves!

GLA

I've taken a gamble and purchased an additional 23,000 shares today, as I'm hoping that the MM has mugged many over with a jolly little tree shake.

If I'm wrong, and I often am, the share price will drop to circa 6p by end of day, Monday.

GLA

Is the share price tanking or might we be experiencing a bog-standard Tree Shake?

The BoD have a choice to make. IMO they will delay the next placing until the Herd arrives. It might take another interview, or three, but to raise now can't be in the company's best interests.

GLA

One last comment from me on "cultural heritage". Might the aboriginal peoples have exterminated the Neanderthals many thousands of years ago in order to get their hands on "their" tribal lands? The same goes for American Indians!

Methinks that there is much scope for a bit of bribery & corruption in order to get approvals over the line. Might that be the real reason for our being provided by the $1Million dollar short-term funding facility by Bennelong Resources, and the recent Placing?

Answers on a postcard!

GLA

Manu17. You have a point, but you very likely know that most of the money is being spent on drilling in Saudi, proofing-up our assets there!

Ethiopia looks more and more like a busted flush. I can see Tula Kapi becoming the property of the Wagner Group If the Ethiopian "elite" don't pull their fingers out.

ATB, FG

Yaya. I'm going for option B as few PIs are likely going to chance their arm on a company with such limited Comms!

My view is that the BoD have held back on giving an interview because they are waiting on the outcome of the Native Title Agreement. In which case we should be due news before the end of next week. As any longer is beyond the bounds of acceptability, if they are interested in attracting new PIs.

Who knows, something might actually be brewing!

GLA

A well timed article!

https://oilprice.com/Energy/Energy-General/Graphite-Is-The-Big-Winner-In-A-Multi-Trillion-Dollar-EV-Boom.html

GLA

To my mind, the main thing that might stop us making a huge profit here, will be if the government gets greedy and nationalises our assets. I say this because it happened recently with KRS who had their manganese open pit ready ore "bought" off them, by way of a bargain basement compulsory purchase.

That aside, I'm looking forward to at least 10 x bagging here!

GLA

Myavian. Is the company really in "total ruins"?

Methinks that we have the potential to collapse, but the village idiot couldn't fail to make money from DSO open pit mining, if we get Native Title approval.

ATB, FG

I predictions are 20p by this Friday, followed by end Sept increase to £1.20.

GLA

Let's hope so.

GLA

Max. I have no problem with you commenting on the company, but I can't see the point of your responding to personal criticism, of which for the next month, or three, you are likely to to receive a lot of.

Not much more that I can say!

Some people said talk of 20p is useless.

Let's see where this week takes us!

GLA