Member Info for Glenogle

A sure sign....... a sure sign you're talking rubbish? Im sure all these current Mali issues are to do with companies that are already producing under old rules. We have signed up to the new rules, so as long as we play by them, there should be no issues. My average is just under 6, tempted to average down but I'm invested as far as I'm willing to be in an aim company.

Still uneasy with the faltering relationship between kod and the Chinese, but still think this should come good.

Cheap buyout increasingly likely I'd have guessed.

I'm out, cut my losses a month or so ago. Just keeping an eye on it to see if I was a clown or not (stayed in a couple other stinkers through fomo and lost everything, so trying a different approach this time to see if my spidey senses are improving) 🤣🤣🤣

Although I see three trades from this morning now, so not sure what's going on. It's been volatile with the 50% spread but the 99% surprised me, so maybe an error

Is my app having a fit or has tm1 finally officially died?

My bad, I thought their purpose was to find a seller for those wanting to buy and when it goes the other way, find a buyer for those wanting to sell, whilst skimming as much off the top as the greedy fackers can 😂😂

For every buy there is a sell. Just happens you bought the shares of someone who was selling, or something along those lines 😁 other than you wanting to buy some shares and someone being tempted by the price offered to sell theirs to you. Chicken and egg.

Anyone know how much labskin was sold to their friends/private investors for?

Thanks for clarifying. I did wonder why it even required an rns. Didn't realise their were ones which were just more pr related other than regulatory required.

I wasn't saying it would go bust. Just saying why I'm nervous/disappointed in the current share price.

As an aside someone shared an rns earlier about a new website, but the rns hasn't appeared on lse. Anyone know why?

I'm just a bit disappointed that the share price is going down instead of up. I've had lots of shares over last few years where everything to me said it was a good thing, but they went bust. So just nervous when once again a share i see as a good thing is heading south 🙃

Could the drift in price be a fear combo? Licence unknowns and no resource update increases the fear that the resource isn't as much as hoped. Getting some clarity on these should help massively one way or another.

From my own point of view, wasn't too keen on the amount of water within the pit area, but it's common and manageable I suppose, just not a great image to use in media releases imo.

I should really start a hitlist like Jay and silent Bob and track down all these feckwit frauds who've cost me money over the last couple years while no doubt lining their own pockets.

The size of the trades I can see (only the most recent 20 or 30min, with a 15min delay) says they are all tiny buys.

Cheers georgeh for the response btw

It says the gov would be entitled to their shares at a fair price.

Does anyone know if this is purchase of existing shares or whether more shares would need to be issued to cover the percentages?

If more issued, how low 😉 are the chances of the gov invested money being returned to investors as a special dividend?

Alternatively, if existing shares were to be bought, then surely fair price is just whatever they can get them off folk for? Also someone mentioned a big seller/Chinese company maybe getting out, what do they hold. Chances of a straight swap there?

Cheers

Anyone know why is there appears to be a hard deadline date for submission of mining licence? Is it gov related or just a project programme related deadline? Can't seem to find the reason.

It shouldn't stop the commissioning but given the farting about the first two ships done on their journey over, I suspect 4th ship with the transformers will be late. They have mitigation in place which is good, but with things just starting to slip ever so little I think we'll be into jan/feb before up and running. Doesn't bother me a jot, I'm here to hold for a while. It is annoying that the price hasn't started to drift up a bit more. I'm still sitting below my average. Hopefully resource update comes along and provides a nice boost.

I'm sure the rns said we'd acquired a share in one of their projects, not the company itself.

Given the small scale of the blast that has been carried out, is there a chance that it was just a test blast to firm up on blasting design? Would seem logical enough?

Progressing well, but wish your first two future points were sorted sooner other than later. Otherwise I fear some sort of buy out or takeover on the relative cheap.

Good video, my interpretation of it. She's not chuffed at having to buy a stake in the US asset. It'll be longer than expected to get Tanzania to commercialisation. She's still confident in the level of resource.

Does anyone know if to get helium from a liquefied source, do they need to add an additional stage in over and above traditional methods? Ie turn it back into a gas in order to split out the helium before liquifying again? Just trying to understand the differences between this and conventional recovery as gas byproduct.