Member Info for garymbrock

Old weasel face not delivering in any reasonable time period. Still what do you expect last October (2020) he said he’d have information soon … then in his Christmas address to the nation mentioned ‘in a week or two’ … if I’m not mistaken it was March (2021) before that week was up.
What is he on ?…. Perennial rehashes of the stuff he’s bought percentages off his mates at cronyism’mates rates’ to keep all the businesses in clover…. Whilst not delivering on anything substantial.
He is a shocker … better suited … to a stand in look alikey for Dame Edna Everidges Cultural Attaché … hopefully he gets the gig at Xmas and leaves this to someone else to run.

It’s pretty much 3.4 .. 3.5 already on the buy.

You and I said many months ago we should be a lot higher as this on next years income stream alone should put us more than twice current values.

You could put some uninspiring people in charge and like the old board be able to do uninspiring presentations and we will still climb from this NAV / Mkt Cap

Oh sorry … yes… we still have part of that old board having just found them a gravy train job on the periphery … oh yes and we still do mind dumbing Proative Interviews just from a new boffin.

I would say I’m the idiot for having bought and averaged down … but do you know what surely … Donald Duck can bring this to fruition and get some money pouring in on the ‘credit column’ and as I’ve said before we will be successful despite the best efforts of the board to appear otherwise!!!

Yes I feel the fundamentals are good here.

The price is bound to be subdued post placing 80/90% of AIM placings go below the raise price following the event while stocks are worked through.
With the
Farmout sorted as you say, so you can see why we went north of 0.60 and with money to more than just keep the lights on already now there, it’s a really good place for where the share price goes next.
Sensible money will be buying here around 0.40 but happy to wait while the herd get bored and move on as those who bought between here and 0.60 (while the share price was volatile) aren’t the ones who have sticky hands longer term.
The fundamentals are great and 0.38 0.40 won’t be around soon… we will head off north as way undervalued. We are just distorted quite rightly by this recent raise and the fact the farmout was sorted becomes lost in the background as white noise !!!

I followed him in when the bb and everyone else seemed to be giving him a hard time before this Australian adventure… he had a load at 1.07 and I think about 1.09.
When he was averaging up (obviously thinking we were cheap and when out of his closed period at 5p and 6p) I assumed again in for a penny in for a pound … but I guess he sees this additional drift as unwarranted so I might have to follow him again with a few more.
Longer term this is surely way cheap…. Zak Mir called this way wrong as he said to 4p then to 10p “by the end of next month” …. that was six months ago but I’d forgive him if he gets his prices right !!!! just the wrong timeline !!!
(usually Zak Mir’s Sharetalk gets the price and the timeframe wrong alas)

Rockfire at a penny have a mkt cap of 11 million.

I have been here since the share price was around 0.30 and although I feel it was getting ahead of itself when we were just under 2p … I really don’t get how we have drifted back here (to a 7 million mkt cap) despite the news flow and mediocre news it’s been in the meantime…
I would have to say it’s been like the ‘catching a falling knife’ scenario…. But this Must surely turn soon.

Finally this thing will have bottomed

Couldn’t understand after the last raise why the price was heading north just at the point where normally it flirts above and then below the placing price, while they are worked through.

Should be transformational but (then again AP is involved) but now so much less pressure on the Romanian figures which had very little wiggle room in them and was more than a worry with our track record of missing deadlines

Ohhh great Wonga and Colin I didn’t realise the witch doctor had been banging on about it. I’ve lost track of the shares over the years that “could be at that by as early as the end of next month” … really Zak that’s every share you talk about ‘by as early as the end of next month’ … by next month he’s doing episode 4286 so what mumbo jumbo he spouted in episode 4283 are forgotten except by me who wrote them all down in my diary giving him to the end of next month and a couple of weeks grace.
Seriously he may as well have been trying to read tea leaves it was an absolute car crash.
So Garak Dire your new ‘share tea leaf reading share service’ may as well set up a competing site. The guy is a charlatan lining up an irrelevant line with the top of some other irrelevance only to then extend the graph so you can’t see very clearly that the lines are about as parallel as the circumference of an apple.
Well Zak if you line it up with the highs of 2014 we should be bankrupt at zero within a month if you line it up with last month we’re 10 pence.
Utter bO//ux

Firstly a picture … QFI board looking happy… celebrating what ?? That they are all in the same room together?

A turning share price on anticipation from 2.60 to the mid fours

Us shareholders as usual kept in the dark as to where this is up

Well someone knows something!!!! I bought a few more just now (I was loading up last week too ..) but that share price is heading north on more than just sentiment

It was Tuesday the 8th of June that we were asked for mining license fee.

Nine weeks is not a problem, I can wait what it takes and one would have expected a drift in the vacuum which occurs in the nine weeks since, as the unnerved are relieved of their shares as they see it tick lower.

All those who sold early however or got impatient about this stage will be thinking it’s time to get back in as they see Fridays rise and start questioning their decision… should be a good week as what drove that fear ….starts to be outweighed by FOMO.

Soon after the 8th of June timespans of 8-10 weeks were talked about for other Mali licence grants, is that about right??

Sorry Theorns was not in any way dissing you or anyone else who put any figure on. It’s not also daft to say 9p or a £1. That was sort of exactly my point.
We can argue on BB’s about what something is worth Oil companies, junior miners, exploration companies… but how do you value this beast.
I’m sure someone will correct me if I’m wrong (obviously been multiple raises since) but we were valued at 300 million in the early days when the price was 50p (and obviously less shares in issue back then) but last time I looked our mkt cap now is around 50 million.
Take up and ultimately income streams and royalties will determine the price, but me you or the rest of the board can get nowhere near as there are too many ‘unknowns’
250 million is going to be around the 20p mark … it’s over a billion for the £1 … but as someone said … the next release could (or will) blow the bloody doors off!!!! It might just blow up the van and the car park !!!!

The interesting thing here for me (and particularly now) is the Risk versus Reward. As I put on here three months ago whether gambling, buying shares or probability of success in business it is weighing up “what do I stand to lose?” … is it worth it to outlay cash?? …”what is the risk and reward?”

Now I’ve been here a long time 7/8 years and seen it go to 50p valuing us at crazy levels … spike a couple of years later to 14p and all the mire since.
It’s safe to say as a business we have been messed around with false starts and dead end partnerships… but at under 4p the risk and reward is so out of kilter it is a screaming BUY. Please don’t think I’m some saddo who needs it to get to 30p or 40p to break even and that that is what drives this post, I have traded it even since the 5.5 to 6.0 and drift back this last couple of months and have been filling the ISA up again as we seem to have turned, but just think to yourselves what the upside potential is here and weigh that up against the down. We are priced to fail and yet with the (great overview last night) amongst what we now know of efficiencies etc and the quotes of 9p £1 ?? Whatever you put (longer term) they are all probably undervalued as depending on how we penetrate the market and to what level is totally unquantifiable.
Personally I don’t see anywhere near a £1 but it has the potential to be awesome OR. a very good idea that worked but was superceeded by not striking while the iron was hot (right product right time) but went under as many inventions or solution

…. My point … Risk versus Reward here and at the stage we are at (trials underway) , with recent developments your upside dwarfs the downside risk.
GLA

Did AP not say ‘no raise needed? Recently ’ … definitely no raise.

He lies like a drug addict pretending he needs money for his bus fare home. He’s the calibre of exactly what we are ‘a shambolic mess’

It’s probably all about as good as we could have achieved, but that’s because AP couldn’t run a bath. Go on AP lie to me some more… I’ve no option but to hold as like a halfwit I actually believed some of what you stated previously…and averaged down. I should have realised Floor 11 or 12p was actually a good place to exit the lift… but no we carry on hurtling lower.

Fred Flinstone and Dino’s Rock crushing plant !!! We’ve struck errr stone lots of it, and if you crush it we can make smaller stone.
Flog the equipment to a museum and do us all a favour AP and go back to your City job… must be some boiler room scam companies still operating for you to get involved with as you really aren’t CEO material

…. The Mali government having 10% is the descrepency Laverda.
Seeing as our total mkt cap currently is a little over 50 million it also highlights the potential upside if and when everything falls into place.

…and I rest my case about negativity and teeing each other up to drag things down
….from 15.02 yesterday there are 10 posts on the trot where either Fastjet posts in reply to Fastjet or Dazalian answers.
That’s not a useful BB it’s a conversation between two derampers clearly supposedly to sour opinion, and to work at undermining everything… save your breath and both go out in Leeds

Agree Daz the mining license is just a necessary evil that could trip it up on the way to a JV.
The Chinese and others will be sniffing round once that hurdle is out of the way but not any real financial value as you say.
With the licience in place it will be mental on firstly the wiff of any JV … and then off the scale with the monitisation of the prospect… as you say … wouldn’t want to be out of this at that stage. Still one step at a time, I can be patient just hope others are too or they’ll regret it.

Ha ha
Sorry I didn’t mean assets cut in half, 20 years ago I probably didn’t have much to split anyway. Whatever it cost to buy freedom was money well spent ha ha!!
Yeah I meant ‘goes off like a rocket’ she actually had the ability to fall out with someone in an empty room.
I was a holder just getting greedy thinking I was buying on a dip with my 0.53 and 0.46 ….I’d bought at 0.28 a couple of weeks back and that was to average down my longer term holdings, I’ve been here a year or two.
My 0.53 and 0.46 were because it finally looked like something was happening… and even on AIM that was some fall, I feel it is way undervalued as is said … the upside is exceptional here.
I know things rarely go to timescales (I’m in Kod) and once enthusiasm and the furore start to wane things can drift horribly but ours was no drift.
I actually don’t think from the tone of the recent interview/presentation we possibly have that extended wait here. Let’s hope so. GLA.

Wow this is volatile … bought some at 0.53 and 0.46 on the way down thinking I was being cleaver, so I called it wrong big time.
Couldn’t believe we had gone from 0.60 to the high thirties in 48 hrs (was it the tripe on Twitter about raises that spooked people? I don’t know) … but if it was all talk of a penny I couldn’t understand how that evaporated and the thing went into freefall.
Nothing has changed from Monday or Tuesday so this is wound up like a coiled spring as people try and clamber to get back in.
This will go off like my ex missus this next few weeks at some point.

I just had another 525k at 50.7 …
…. It’s only going one way just with umpteen tree shakes on the way up. Nothing goes up in a straight line and we are only back to where we were yesterday morning

Could be worse, you want to put up with some guy Dazalian on the Kod board… does my head in.
He posts questions, then when nobody answers starts a conversation with himself. He had five posts on the trot the other day … so be thankful for small mercies that this is quite a balanced board.
For what it’s worth the risk versus reward here makes it difficult to back against at 1.40/1.50 ish I’m amazed it got this low if I’m honest. (No ramp)

….and look who bought the last lot of £50,000 to tied us over ? (£1.25 million Jan/Feb … with warrants at 0.6 with 18 months left on them … another couple of days they’ll be being exercised)