Member Info for JoeBass

From Q4 2019: 11,800 barrels of oil per day, to, before month-end, following which two well production is expected to resume at 20,000 barrels of oil per day.

Let's see if Mr Spiv, marks us down today.

"What’s lenigas?"

A-nal wind.

"20,000 barrels of oil per day"
Lovely.

There are over 3.5 billion shares in issue, so they won't be hard to come by, but definitely more expensive.

Would be nice to have, but anything in double digits will be welcome ????

Saturday, January 25
Chinese New Year 2020,

When did the CEO say payment would be received by above date?

Well, if he was stopped by something, it happened in a very short time span and during holiday season. I find this scenario highly unlikely.

My guess is the second part, a callous con man seems more plausible.

For the first time in 11yrs, I find myself dreading the next RNS.

Hi GB33,

"Once senior officers lie to your face"

This really is a problem here, I've been having a go about this for sometime. Whilst others have defended them and don't believe they're lying.

It raises the questions, have there been any NDA's? has any strategic interest been shown, they say there has, but how do we believe them anymore?
They have presented zero evidence to substantiate their claim, we only have their word and they have, without any doubt , showed their word means nothing, time and time again.

I really hope Greenfingers71 is right too, this has and still is a tortuous journey.
I personally hope some entity makes a bid soon, even a low ball one. I would settle for 50% loss, just to get something back and end this nightmare.

If they're not allowed to release the resource estimate, then Mckay would have been aware of this surely, it was only a 3 week window from his statement.

They should all be thoroughly ashamed of themselves and each other.

Would be a stellar result from the earlier pull back.

Clearly, wrong board.

It would be better to receive no other news before Newcrest report, the sp was doing just fine, in anticipation of this report.
Haverion has the ability to take us to 3p, without being distracted.

Remember, Hav has raised expectations about our other deposits, I hope we don't become a victim of our Hav success.

Keep it real.

It would be better to receive no other news before Newcrest report, the sp was doing just fine, in anticipation of this report.
Haverion has the ability to take us to 3p, without being distracted.

Remember, Hav has raised expectations about our other deposits, I hope we don't become a victim of our Hav success.

Keep it real.

The sp is showing you what the market thinks of this RNS, be under no illusions, these results are poor. Firetower needs to be off loaded.

The problem with GGP, everything will be bench marked against Hav, by the spivs.

Our known palladium resource value is now a cool $2,015 billion, come on RY, where's the promised resource update? ffs.

This palladium story is becoming more intriguing. From my post of 8th Jan to date, the value of palladium we have, without knowing the updated figure, has risen $88 million - £68 million , that's in the last 7 days. The value of the known palladium numbers now stands at $1.963 billion.

We are told the upgrade is substantial, what impact will this have on the byproducts? Lets assume it's 25% across each product, that puts palladium at 1,150,000 /oz = $2.46 billion, not an insignificant number for a byproduct and for a company with a derisory mcap of £16 million. Roman Abramovich puts more than £16 million per month into Chelsea FC.

Whats the real reason for keeping this upgrade from us? is the upgrade not substantial? is it more than my assumption?
Whats the true figure for amount of gold, platinum, cobalt and palladium combined? Upwards of $5 billion ?

We were told some time ago we had 3 tonnes of gold, it's never mentioned anymore, why?
If we have only 3 tonnes, my guess it's significantly more, then today's in ground gold value is $163 million. Some time back I posted a map of large gold anomalies in Russia, our license area is in one of these gold anomalies , but this is never mentioned.

Check the map on page 21 of pdf.

http://urbansustainability.snre.umich.edu/wp-content/uploads/2011/04/RFE.05.pdf

Just for fun with my 25% uplift, aimo,

Nickel @ $8/lb = $27 billion
Copper @ $3/lb = $2.8 billion
Byproducts = $ 5 billion

That's $34.8 billion all for a poxy £16 million.

At the rate palladium is going, it won't be a byproduct it's becoming more valuable to AMC than copper.

Why has TB joined the board and shelled out 200 grand, he clearly knows what we don't. I bet he's fully cognisant of Russian gold anomalies.

That's the big question now, what don't we know? and WHY?

"Too many sellers once the bid goes over 2.05"

I think you'll find that's merely a temporary hindrance.

Is a very powerful endorphin, it wreaks havoc with the psyche.
FOMO is all about greed, a natural weakness, deeply embedded within human nature.
Each Friday afternoon will induce the FOMO syndrome, more prevalent this quarter , we know news is a coming.
It's a drug, and drugs are addictive, just ask Mr Gooding. he who dares wins, eh Rodders.

Each Friday afternoon will induce the FOMO syndrome, more prevalent this month, we know news is a coming.

Is a very powerful endorphin, it wreaks havoc with the psyche.
FOMO is all about greed, a natural weakness, deeply embedded within human nature.

It's a drug, and gold is addictive. he who dares wins, eh Rodders.

brookieboy69,

The only way you'll get through to these guys or maybe not is this,
Any members holding at least 10% of the total number of voting shares can call on the directors to convene an EGM, you can put forward at this meeting your issue, you can put forward a motion of no confidence in the board.
Even this may not get the desired result.
But it would be a poke in the eye and I'm sure they wouldn't want one.