Member Info for Greeno

29 days into drilling see twitter

Drilling is fully funded

Not a surprise really these things take time
Meanwhile
Halliburton sees world headed for oil scarcity

By end of quarter Gemd will be sitting on £40M + of cash my estimate
So continue to add at this price

Yep. All should go well

Have built in the Botswana deal not going ahead cf VAST issues

Last page of the presentation is informative re Egypt % take
Better for UOG than I thought

Keep accumulating and await the bumper dividend

Luckily i bought into gemd Oct 20 at 37p so my average is 51p
Still expecting 80p plus looking forwards and a dividend rise
2 more big stones by end of year

Not holding my breath

And i will have to buy back in
Hopefully that boosts your SP

A couple of big ones for us

Waiting for a 10p dividend

$75MC with $25M in cash plus 2 large diamonds ~$15M???
And rising prices
Sold my alba (dont ask) and bought more Gemd today

From company

Please note that the cash on hand of $10.8m and net debt of $11.7m at the end of September (Period end in the IMS) excludes $37.3m of the September sale receipts. These funds were received in October. We reported the Q3 sales as $48.3. If the funds were received prior to the Period end, the cash on hand would’ve been $48.1m resulting in a net cash $25.6m.

Good luck everyone sold at a £4k loss
Ouch
But if alba cant use existing mine …..

Looked at all my shares and still think UOG has best chance of doubling by this time next year so bought another £2k yesterday

Not confident VAST can fund purchase as in freefall and raising cash to survive
Post from their site
I do not hold Vast. Who would? But I do hold BOD which is a well-managed company whose management do not treat shareholders as their piggy bank. Watch this space but VAST are not able to pay the £4M and will default to let BOD and a partner take it from them.

Berenberg cut gemd

I Need to add back in the $37 sept sales
So better than I thought

Net H1 cash was $19.6 so a movement of $31.3 million has occurred between H1 and Q3 while revenue was healthy?