Member Info for Jeremiah99

I had a feeling they would want a much bigger chunk of Zamsort, but not quite so soon!

There are placings to keep the lights on and pay inflated lifestyle salaries, and then there are placings which send the company off on the road to greater things...

The interminable wait has clearly scrambled my cognitive faculties..

212 x $60 ($74-$14 costs) x 365 = $4.64m p.a. x p/e of 10 = $46.4m or £34.44m. We are currently at around £20m Mcap, so IMO we could be c. 70% higher at around 11p. A p/e of 10 seems quite reasonable.

They seem to have known for a long time what's down there. You'd think the govt would want a big player on board asap to develop the whole gas field, instead of us faffing around trying to pump a bit of oil to raise funds to develop things organically. The silence on the gas suggests something is currently being worked out, IMO.

Perhaps he's looking to sell off Katete to fund Zulu? Most Rare Earths are famously difficult to extract and process.

Be careful what you wish for. I see those useless Williams bros at AGQ have stepped down. They vie with GR as dilution masters - 6 fold increase in shares in issue in the space of 2 years. They've also been hunting lithium but found nowt. At least George can sniff out the odd decent asset among the dross.

Mind you, they have mostly fracked the pants off it over there to get the stuff out. Today the US, tomorrow the UK?

So despite 10-20 years of accumulated knowledge our US advisers have gleaned on how to liberate tight oil from a variety of geological formations in the US, transforming the country into a net oil exporter, all the Weald strata have proved too tricky for them? I somehow find that hard to believe...

...just as long as it doesn't just yawn, stretch, scratch its butt and go back to sleep!

Yes the AIM is like a game of snakes and ladders with no ladders!

We've been at 3p before but that was prior to the 50% dilution, so 3p is the old 4.5p (where we also were before) Wake me up at 20p. :-)

'Thiough' - You're very OCD, Eric. I bet you always attach the left nipple clamp before the right one prior to whacking the current up to 10,000 volts.

Circum are looking to begin production by 2022, with revenues of c. $800m at todays rates, and low costs. Prem hold 5%, so for those with patience, Circum alone could add several pence to the s/p.

Looks like it may slowly recover as suppliers cut back on production after a glut. https://www.icis.com/resources/news/2018/01/22/10185554/global-potash-prices-to-continue-steady-recovery-in-2018-bernstein/ I'd guess the price slump over the last couple of years is why the Circum IPO has been delayed?

We are only doing 3 exploratory drills on ST. If the initial findings are promising, I would concur with 3p to 5p, perhaps more on a spike? IMO, 15p to 20p would take further drill campaigns producing more good results, but who knows how long that would take to get permits for and carry out thereafter? IMO, even with enough copper being down there, I wouldn't expect 15p+ for another year or two - unless a major decided to jump into bed with us quite early in the proving up process.

Were the results of those two previous exploratory drills into ST (as mentioned in last year's video) ever published?

For those advocating a sale of up to 50% of Zulu for a few $m, please read tedoby's 13:14 post and reflect on what you would be giving away. I am reminded of the time I was sat under the clock tower in the centre of Jodhpur and a grizzled old man in a turban offered to swap about 2 joints worth of hash for my £200 (1988 price) SLR camera.

Agreed, I never heard about it until two weeks ago!

The line wasn't so clear and he'd obviously had a few tots but I could make out - "Blagodaryu vas, sovetniki Surrey za zaderzhku energeticheskoy nezavisimosti uk" - Thank you Surrey councillors for delaying UK energy independence...