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Not sure you get it Blue!!

Yes its the biggest risk but also the biggest catalyst to new highs. It all depends on if they have managed to restructure in a favourable manner and how the market views that news. If good news then you could see 100-200%+ if not good news it will drift lower.

Blue you should get an answer on the CLN shortly as this needed to be sorted in order to receive the first payments. Probably being drafted as we speak if everything else is now resolved. If good news then we jump past year high. Lets see how this plays out.

"Debt Restructuring

It is noted that further definitive documentation will be prepared with regard to the settlement agreement, including a shareholders' agreement between Empyrean and Conrad in respect of the control of the SPV and Conrad's wholly owned subsidiary, WNEL. It is also noted that the Term Sheet requires restructuring of the secured convertible note with Empyrean's lender (the "Lender"), with the Lender to be paid preferentially from WNEL dividends. The Lender has been supportive of the process to date and work is ongoing to finalise the revised terms, with further announcements to follow in due course"

I cant see them ever drilling! The MR was the key for the big boys to step in, they don't need URU and much easier to buy us out and then do what they do!!!

Wildboar as with most shares no one wants it until everyone wants it! We have lots of very large long term shareholders who are essentially keeping the share price where it is. Once the news drops (depending on what it is) you could be looking at 3-5x on JV or 10-30x on sale, either way once the herd arrives here and with positive news you will not be buying anywhere near these prices!

Every board has a Blue unfortunately! If this was going to test your target price we would have seen it by now. Positions are now taken ahead of the next news confirming the outcome with lenders. Remember everyone wants this tied up quickly so they can start getting the first payments through. If the news is positive then we run to and past year high, if negative then you hit your buy price but wont want to buy! As such you are currently wasting your time if you don't take a position now.

If you cant see what is happening here then you should not be investing! Why would they pull the interview? Why are they not communicating at all? They are working on something massive either full sale or JV!! Remember they have just got a 30 year mining right and should be shouting from the rooftops about anything and everything that is even slightly positive but yet they are keeping quiet.

We have multiple majors all around us who are looking to add to their asset list in a metals bull run, join the dots and the outcome becomes clear!!

Its a free carry! The mako situation is clear once we know what is happening with the lenders, if that news is positive then we test year highs quickly!!

Blue maybe if you keep saying your target price it will come true! I think hitting year high looks more probable than your target so I guess we get to play who will be right first!

Certainly taking some time to get this sale finalised!!

As I said this is just speculative for me mostly for a bit of fun, my main share is URU which is a little slow at present (all gone quiet there as we think they will be bought out after getting a 30 year mining right). But equally I liked that they sorted out the Conrad aspect and do feel this will bag on the next bits of news clarifying the position with lenders so happy to have a chunk here and hopefully will pay for a nice summer holiday! If this drops though I will add to my position and take a 30-40million holding to keep it interesting for me.

Climbing again! Could this have a big afternoon run??

Big jump now!!! Back over 1p

Odd can sell above what I can buy for!

Back to 0.0739 to buy

Blue not sure the timeline is the main issue here if you are looking for a trade. Lots of news due in the short term that could help rerate the share price. As such its probably worthwhile to start building a position and benefit from the company clarifying its position with lenders etc. Remember everyone involved will want things sorted quickly so they can start receiving the initial payments as outlined in the last RNS.

Blue looks like it will need some bad news to hit your 0.05 entry and then I'm not sure you would ant to be in anyway! I have taken a speculative position for some fun as I can see a bag or 3 from here quickly with the right news. As we know this moves quickly in both directions so should be entertaining for anyone willing to risk a few ££££

With a good RNS clearing a few things up this will test year high again very quickly!!

A new floor for the price to build from? News on getting things confirmed hopefully will be coming shortly and then we can see how this moves north!

Is one of these four projects us us?

"In addition, two projects in the Northern Cape are scheduled to commence drilling this year and at least four.other projects are in the early stages of mapping and acquiring geophysical and geochemical datasets.

Together, these projects confirm that South Africa’s subsurface potential is, indeed, far from fully understood and realised."