Member Info for joebop

I saw your post this morning about the interview in aug. Laughable to be honest.

A CEO saying in Aug there was no placing on the way, and then placing in Oct, is probably a record length of time between the two experiences. Normally, a CEO does an interview, swears blind there is no placing/funding issues, then, WHAM, a mega placing not even a week later.

That interview in Aug, and Oct's placing is a lifetime on AIM.

You do know that companies are listed on this market, solely to raise cash?

You do know that every year, they have the autority to issue X no of shares to raise funds? I should hope you do, because you vote for it every year.

Can you read a Balance sheet? Do you look at the Going Concern statements in the reports? The obvious answer there is Hell no!

Sure, Mick could be to blame for some of the slide in the SP, not getting financing and the likes. He should have tried to raise more funds the last time out. But, and this is a big gawd dang BUT, the investors have to be willing to put in money at that price.

As you can see from this latest raise, the investors weren't willing.

Company floated almost 18 months ago, SP 2.8p, tvr approx 100m.

I don't know what you all are judging against, but the SP has held up remarkably well considering the progress, or lack thereof, whatever way you want to put it.

Quality of the projects & management is what it all boils down to.

No serious company wanted it, hence the price and warrants to spivs.

Don't any of you read balance sheets?

80% free float. Mainly retail, spivs and project vendors. They're the crowds selling down. Spivs read balance sheets. Today's Sp is the result of spivs taking placements.

As for Mick going, how much will the payoff have to be? How much would a replacement cost?

Taking them for the scrap value more like!

What's the remaining number of shares they have the authority to issue? I presume they ran foul of that and hence the CLN?

"civil works are planned for completion in December 2019 and Predator has ordered a number of long lead items to begin the CO2 Injection Pilot by January 2020. Initial results from the pilot would be expected in Q1 2020."

Long Lead items ordered. Jan 2020.

Good Luck.

Why would you want access to an echo chamber in that Twitter Group!?

You do realise they are the bastion of the "pump and dump" merchants?

And from their commentary on here over the past months, they haven't got a scooby.

Good Luck

"No signature bonus or upfront consideration."

The only commitments are paltry Minimum Work Obligations.

No downside there. No work - you loose the licence.

So yes you flute, they got it for nothing.

I particularly love the way you bang on about the $5 stoip value. When challenged, all you could do was point at some non linked presentation, which you then said was less than $5.

I showed you a freshly inked deal, this week, which clearly shows you are talking pure and utter tripe.

Fwiw, Cerp mwo over 25 years is just $1.25m.....works out at a 5c STOIP value.

Yes, that's 5 cents.

"STOIP is valued at about $5 a barrel"

Have you any reference for such a valuation?

On Monday, CERP announced a deal, 24mmbls STOIP, generous psc terms. Picked it up for nothing. Zero, not $5 a share. Nada.

It's the company money, (ie shareholders cold hard cash) that he makes off with.

His M.O. Collect a hefty finders fee for vending projects into these companies. Take a board seat. Take his more than generous fees in shares.

Rinse and repeat.

Not to mention the fees siphoned off for PR (he owns Mining Maven)

He also seems to be selling when tweeting about buying. He was exposed at this practice over at rgm.

Sxx - a great barometer for the filter list!

Sheer lunacy that project and it's investors.

Their corporate housekeeping is terrible.

PJ, last tr1 has him at just over 5%. Their latest presentation has him at around 4.7%

Edward fry, exploration manager, was previously down at 2.97%, now he is just over 3%.

This is a PDMR surely, and his going over the threshold should definitely have been notified.

It's the little things......

But yet, most people would still believe Aaron over CG, if they were honest about it!

What does that tell you?

I'm not a holder, but have been watching proceedings for years.

http://www.odce.ie

Corporate enforcement office. Lodge your grievances.

Did anyone make enquiries re the Taisce officer interfering at the AGM? A call to the ombudsman or dail representative?

You do obviously. Straight into the insults.

Funny thing is you're completely wrong about a) my entry b) me being a swing trader.

If you had any conviction in this you wouldn't be doing the bs ramping posts, you'd be trying to buy all you could.

Did you get your Curzon money or did you get lumped with Coos Bay instead?

"I’m riding this up. I think will finish blue again."

Sheeeeeeiiittt. If anyone was to read you're waffling BS over the past few days, they would be forgiven for thinking that this is the best investment ever and you have the conviction to remain a long term holder.

That's not the case is it

Of course it will Steve.

Any rise will see a placing to raise funds. With all the incestuous inter company loans and liabilities (present and future), any funds raised in one vehicle, directly benefits the other.

Gravy, baby.

Haha now that was a funny post Adam. Thanks for the chuckles.

I've a wee bit of experience in exploration. It all costs money. But never mind that. Does the last raise even cover the costs of keeping the company listed for a year.

If I'm wrong, you've nothing to worry about. But the fact you're promoting paid for press releases, kind of says it all.

Have a good one.

A placing is a nailed on certainty.

I asked the question about the cash position on here a few days ago. It was ignored. No surprise considering the market abusers who were ramping the shyte out of it at the time.

Iirc, their last raise was £137k. I'm not sure exactly but it was a pitiful sum.

Call up the broker.