Member Info for fundraiser222

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The weather forecast is clear for the next week it’s going to be extremely cold down to a low of -19 next week. So the question is can they keep drilling and will there be a delay rns due to severe unexpected cold snap? It will be slowing them down but the main issue at these temperatures is will it damage the rig the mud needs to keep circulating so will need to be constantly heated Sinopec won’t risk damage to the rig

-19 at night on Monday, weather looks to be extremely cold over the next week, hopefully they dont do what Tom did and abandon drilling due to freezing conditions. They suspended operations last time they drilled in winter on 2nd November due to a severe cold snap, I assume -19 is far too cold to even be outside in let alone work a rig, drilling will be slowing down to imo over the next week, lets just hope the severe cold weather doesn’t damage any part of the rig or pad

So GR values prem at $7m about £5m that’s interesting given the mcap is £17m lol this will drop about 70% today once the idiots actually read the rns “The Parties have agreed to an initial fair market valuation ("Agreed Valuation") of: · US$4 million for the KME Assets, based on the valuation before depreciation; and · US$7 million for the Premier Assets.

If this was a leak today then legally there has to be an rns tomorrow, fingers crossed for an rns in the morning

Is no great surprise, institutional investors tend to know when to abandon a sinking ship, they might have high grades but it’s no good if you don’t have the quantity you thought, they are in deep trouble, Miton selling out will see this around 3p imo

Lol Manro Matd is drilling for oil in Mongolia pure Wildcat this is a lottery if it wasn’t they wouldn’t have drilled 12 dusters in a row you tool, well done on been rich though congratulations

Any slight rise gets aggressively sold into, complete joke

It looks that way given the selling is continuing and the volume is pitiful

Very interesting developments here, MMs don’t want to sell but are happy buyers, guessing they have some big buy orders to fill the book has totally switched here as we enter the first target now we are drilling 24/7

Very interesting the MM who was selling all the cheap shares has now moved up, seller cleared by the looks of it now a bit of volume and it should move up from here, pleased they have finally finished selling

Why are you surprised guys? I do t get it, institutional investors are selling as fast as they can do the price can go as low as it takes until all the shares are sold. It’s supply and demand it’s as simple as that, this could go to 5p if there isn’t the demand huge seller in a hurry so of course it will fall much further

Not looking good but should get results sooner now they are drilling 24 hours a day, 5p is the next support level

The last rns was horrific in so many ways I’m amazed it hasn’t dropped further yet. The mine is not producing the ore they thought were in the veins so this obviously substantially reduces the value of the mine. The production costs are far higher when they were supposed to be lower. Producing around 100t per month is a shameful performance as is selling the product for a near 80% discount. Another aim lifestyle company imo missing targets and promising jam tomorrow and not delivering. Can see this falling back towards 3p over the next few weeks with no new production news due until early 2019 now

It’s cheap of course, but when institutional investors are dumping their holdings fast then it’s only going to go down further until they have sold all their shares. Huge amount still left to sell so unless pi demand outstrips the sells which is near impossible with 11% still to sell then it goes lower imo. The seller seems to be in a hurry possible it hits 7p before they get under 5%, it will bounce only when they are clear and that could take a while yet

It matters a lot because the share price looks like it’s on its way to sub 5p! Turning into a nightmare this one for me

Look at the price action, it’s falling on buys and getting hammered on sells. Suggests a large seller dumping or it’s been shorted, the 9% COS has put retail investors off, all we can do now is sit patiently and wait for the results

Its clear the share price isn’t going anywhere until results so decided to pull the plug on half my holding, complete 20% gamble now but I’m prepared to lose 50% of my money in the next few weeks if it’s a duster

Going to have to sell half my holding here today, will leave the rest for the results boom or bust

Terrible rns from a company that are now losing investor trust. All this talk of ramp up is a load of rubbish the production is pitiful and loss making, the mcap should now be closer to £10m imo this will fall hard from here for all their talk they have not delivered anything but large losses and placings another now required imo