Member Info for knicol46

The Group's net cash balances as at 31 December 2014 were £1,806,785 (six months ended 31 December 2013: £3,234,579). The Group's cash position currently stands at £1.25 million.

awaiting movement up

update overdue! Explorer 1 rig was loaded 28th March and successfully launched 2 April. The Derrick (oil rig lol) was installed 11th April. The remaining 9 sections for each leg will be completely installed by Mid June 2015.

good strart, news update on Explorer 1 imminent

According to the administrators there is a group who are in discussions with the key stakeholder (whoever that is) regarding refinancing of the operation in Mozambique. I would assume if some deal was done the Mozambique asset may generate some return of value.

at the last annual report. This is what was needed to return a value for shareholders. These have vanished or suddenly become a complex case of who owns what to what subsidiary(s).

basically confirming it cannot get access to the assets of BHR due to BHR management resigning and not telling them were the keys are. Therefore there are insufficient funds to proceed.

Explorer 1 rig was loaded 28th March and successfully launched 2 April. The Derrick (oil rig lol) was installed 11th April. The remaining 9 sections for each leg will be completely installed by Mid June 2015.

"Kalimantan Gold is very pleased with the initial results of our 2015 resource evaluation program at BKM, which continue to meet or exceed our expectations. All holes drilled thus far have intersected good widths of near surface copper mineralization amenable to open pit mining. The deposit continues to grow in size and good internal continuity is being confirmed. Operationally the field teams are doing an exceptional job with the program running smoothly and safely, to time and budget. We look forward to keeping all our stakeholders fully informed as this exciting project is advanced through the various stages of evaluation"

Explorer 1: The Derrick was installed on 11th April. The remaining 9 sections for each leg will be completely installed by mid-June 2015. Completed early?

appeared

The Derrick was installed on 11th April. The remaining 9 sections for each leg will be completely installed by mid-June 2015.

WH Ireland 3 June 2015 buy rating

from around 1pm. Unusual to see strong buys (+20%) in the morning part.

At the date of signature of these financial statements, the Group had US$2,972,000 of cash and cash equivalent balances. Overall, at the period end, net and total assets were US$24,437,000 (year ended 31 January 2014: US$17,556,000) and US$24,781,000 (year ended 31 January 2014: US$17,756,000), respectively

something brewing

nice

buys coming in, news coming

At the date of signature of these financial statements, the Group had US$2,972,000 of cash and cash equivalent balances. Overall, at the period end, net and total assets were US$24,437,000 (year ended 31 January 2014: US$17,556,000) and US$24,781,000 (year ended 31 January 2014: US$17,756,000), respectively

:)