Member Info for GoldGeezer

Elaborate

Are we not awaiting a date for an EGM, to allow a greater than 50% dilution? That’s the maximum currently allowed. They’ll be no news until a two weeks notice of the EGM.

hi bull****sellrepeat

it’s a shame you can’t add up. unfortunately such basic stuff can’t be taught, nor can extreme stupid.

the executives have significant skin in the game and they’ve decided to host a presentation evening. poor you that this suggests lies and problems. they want to be under the spot light in a q&a booze fueled evening because they are hiding bad news!!!

if you read between the lines and take everything on board, official news, interviews, insider trades and the presentation event, you should be clear the news is better than they are allowed to print.

de-ramp away, you ain’t fooling anyone.

It’s in a modern City building with finger food & booze. Not a wicker hut in a backward African village.

Let’s see. My charts suggested this point and that it’ll rise from here.

It has. Could buy at 0.31 earlier, now 0.33.

It’s extremely predictable and in a strong resistance zone. Time to increase your holding.

I just did.

🤡

Where did you find that big word “nebulous” 🤭

It has an exploration license but hasn’t formally announced an exploitation license, which would be a hugely significant derisking milestone.

This message is very exciting given the negotiations that we know are underway.

Subtle;

“ it has a dominant licence position “

Intriguing RNS. Seems expected news isn’t formal prior to the event, however, in the bag. Is this reading between the lines???

The markets are sent to test us. The MCAP is crazy now and the only negative is the potential for some cash in H2 2026

USD500-750k max, which is tiny, relative to the value being uncovered. It’s highly likely BCM will free carry ORR to a 10M ounces JORC, via success fees within the farm-in.

That would value the biz at USD250-500M

Lansteads exit (15,000,000), final day before platform move.

Normality and stability, based on fundamentals, from tomorrow. I’d not be surprised to see a jump early.

😆

That’s the value in 99.9% bar form

In the ground in Cameroon, it’s rather less.

Bottom line, I’d say USD25 / ounce JORC

1M JORC is a tangible asset of at least US$25M

Expandable in all directions, plus the North field, is other assets, plus resource bonuses …… I’d punt US$75M after MRE Q4

Anyone going to the presentation …. pls add to the list of questions

The timing is also linked, I assume by prior agreement, to Lanstead’s exit. They wanted higher liquidity and volatility to dump continuously.

That’s possible

Yankee - we are aligned, your calc is more comprehensive than mine, so much appreciated. Mine was a very quick estimate.

I’m not concerned about a raise early next year, after the JORC, license and Senegal deal details. We’ll be at 1.5p

GLA

Yes, it’s good to control volatility. It’s not related to value or fundamentals but + or - 15-20% daily hasn’t been ideal, so I welcome this.

Rubbish - they’ll have USD1.25M in the back by Xmas.

We know your game.

They would not quote clauses of existing agreements in the formal result, especially in relation to success payments for JORCs pending. We know however the JORC will exceed 1M, which will trigger an, immediately due, US$1M payment from BCM.

It’s clear from expenditure and the remaining cash, that funding is NOT required in 2026. If it was they would have to make refer to options in this RNS.

Rock solid