Member Info for GingerHippo

That’s a ridiculous conclusion

I think he might be right about the sp short-term. But I reckon 1.8 billion tonnes of coal is worth tens of billions of pounds. So orcp medium/long-term should go from its current mcap to hundreds of millions

Majorboy, how many millions do you think?

What do you think orcp’s share in block 6 is worth?

Sam, I've been giving you the benefit of the doubt, but that was definitely a deramp.

So you're saying that with funding sorted on a several billion pound project, the mcap will still be only £18M?!

I doubt that very much.

LOL. Jinx.

When the phone goes while I'm typing

And the rest.....

"Alexei Churakov, told Kommersant that with a palladium price of about $ 2.3 thousand per ounce, the company’s EBITDA will reach $ 250 million after full production is reached."

That's £192M profit before tax every year. Current mcap about £100M!

"pull your finger out"....?!

I can't let that go. As far as I can tell she's doing an excellent job. Have some patience...

Could we have some sauce with the spicy goat please?

Twitter link...?

Thanks Ian.

Company accounts are based on capitalised cost. Us investors are looking at market value.

No news doesn't make the resources vanish into thin air.

Hello first time poster with no ulterior motive........

You know you have to buy before you can sell............

I ain't afraid of no ghosts

I got sucked in by Casper. Glad I did. I genuinely think there's huge potential here.

Day traders are hardly earning their buck with a 10% spread

My understanding is this.

Say a buyer wants to buy at 1.1p. The MMs 'borrow' the shares to sell, waiting for someone to sell at 1.05p. If the share if promising, nobody wants to sell so the prices needs to go up to tempt sellers so the MMs can return the 'borrowed' shares.

Problems start when the MMs have 'borrowed' lots of shares but nobody wants to sell. They cant just raise the price to get ppl to sell because they'd be out of pocket, (and the number 1 rule is that the MMs always have to make money) so funny stuff starts happening.

True Gary. It could happen any time.

That’s just my guess. I wouldn’t panic if we didn’t have it even by then

Going back to your original question (I skimmed the rubbish that followed, not worth my time to read properly), there is no delay, we are actually ahead of schedule as far as I can tell. Nobody expected to have final approval this fast. I’m expecting it in March/April.

7% premium now! I’ve never seen it so low. Topped up. Shame about my paper loss though......

I feel confident I will be in profit eventually though. NAV has gone up over the last couple of months