Member Info for leapfrog

As far as this investment is concerned I could not care less who tipped what. Been here for a while having invested before the last consolidation. Found out what the resource base was and our JV had a mine with spare capacity,looked at the changing power infrastructure needs. Liked the consolidated SII despite the tight free float. Liked the sight of IIs having to buy in on the OM having been turned down by GK So added substantially to holdings. Downside risk is almost zero, With any AIM start up investment there is always a risk I think the sp will continue moving upwards once minining and production start allied to the continuing confirmation of resource increase over our 800 sq k area.

END. October/November

Barx have been slammed in the IC Depending on the outcome of our situation which may well be before Octobe/ November by my 🤔Thinking ,! . I will get into contact with those few holders I know to put together a correct complaint to Barx and depending on the outcome from Barx decide what action if any is needed Comparison in first available trading times can be made with other brokers which may used if there are any delays etc.,

I think industry standard 90 day payment period was mentioned in one of the pc's,he said they were looking at addressing the invoice time?

So your in profit Yet you harp back on the history of the stock forgetting that old news is just that and then say content to stick to increasing the profit you are already showing. Make your mind up if GK is as unsafe as you imply then profit and go,or you might lose your gain as staying causes the lie to young thinking. Or are these some of the reasons why your still here,huge resources which are still valued for virtually nothing, sufficient funding to see thru to mining ,no infrastructure capex for a mine,plus ambition plus two resources going into production at roughly the same time. Which makes sense? ATB.

All resource stocks take time to production and rarely move at the speed we would all like especially when production date announcement is close. Does it matter what we like and don't like about the company? PI s can moan or praise as much as they like but the truth is investors as holders or traders are here for one thing only - profit. Personally think it's a LTH with trading on the side and this one is good if not better than we think it might be.

Put it this way when the yearly results are published the IC will recommend this as a buy ! When that happens it will be on a spread in LARGE ( sic) so moving the sp to a rising graph

Mid year £4mill smashed as you put it, Q3 is up 329% on last years figures which were themselves considerably up on the previous figures,forward bookings up on last year Content partners reduced by a minimal 4% due to the introduction of the monthly fee shows just how strong its mkt position is. The all round phenomenal growth continues at an increasing rate including our rolling cash build,eventually the sp consensus will recognise the growth factors are true,continuing and far from pie in the sky. So I think the declared on going growth rate correlates with meeting and exceeding the expected year end figures. Not much more can be asked.

Known accessible Gold resource is at approximately 7.1 million ounces, my researched expectations are for the resource to eventually exceed 10 million ounces,if met then it becomes amajor resource. The gold is above the copper so allows for the two resources to be produced at the same time allowing cash flow to build from two not one operation hence the companies stated. blue chip target

Valuing the potential sp at 60p was arrived at from the production information carefully given by Greg in a previous RNS which enabled the figure to be worked including the yearly and monthly cash flow from day one as it were. The 60p calculation is of course subject to correction but it is no joke. It is also backed by the resource information available from the old Russian drill information. That information suggests there are as many as 14 areas of multi million ton copper resource reserves..alongside gold and some 20 millions + ounces of silver plus other high value minerals GEO are to date looking at the nearest two areas for immediate production.

Rare for any small MKTCAP co.,especially an AIM junior to be seen by brokers giving advice as in -Presenting unusual potential for investors

There will be a steady drift off in the sp as the share presents good trading opportunities as it is demonstrating by giving traders profits, making money means they will be back again in expectations of more profits, Once production news arrives assuming demand for the shares builds the sp will get into a climbing graph towards my original estimate of 60pps,now perhaps a little higher with the increase in POG. 60pps does not allow for any market PE valuation, possibly because we have IIs aboard plus the steady income roll the mkt should recognise the resource implications for a continuing cash build so giving the sp a PE value That value should take the sp towards the £6.00 region (MKTCAP £600 million) with 114 million SII in a reasonably short time frame. Sounds and looks ridiculous, but is it when the whole picture is examined.?

In view of the percentage growth follow through on each of the last 3 Qs I don't think it's unreasonable for AB to meet expectations although in view of the phenomenal growth rate skepticism can be understood. Our last progress update was 20th July, not that long ago so it would be good for an RNS but a while yet?

Active but falling sp? No information on what it does so presumably a dummy run ?

"In the coming weeks" not the coming months-so integration presumably means they are looking to enlarge the intended gold operational area as the laboratory will produce the results of further existing 28 drill holes. Probably due to the increasing price of gold GEO wish to enlarge the gold mining operation? I think the laboratory doing the work is one of the companies owned by GEO. Confirmation of the full JV was I thought a given but it's good to have it confirmed. RNS was not what I expected so a further wait but mining operation start getting closer all the time.

No, News is not overdue,it's just a reasonable expectation to get news of a production date or two this month with all sthe data implications. Our JVP wants the throughput and has the facilities for a million tons of copper bearin ore a year all the infrastructure is in place as it is for gold which is a seperate issue (ta) both should start to be produced at roughly the same time giving a flying start to the build up of a rolling fiscal cash flow of some millions a year. The resultant cash flow will be used in building a stand alone mine to more than double if not treble capacity asap thus following through on the companies stated short term ambition of becoming a blue company. Blue chip means a MKTCAP of around $5 Billion within 3to 5 years -some going -depending entirely on o/p and resource prices. As far as I am aware GEO is managing both projects ?

The only concern about the article is that wolf would not respond to a request for information or comment on the Telegraphs thoughts before they were published. Normally they would have done so. I disagree the articles comment implying the major share holders will continue to support the company by further multi million £ cash injections furthering their own support debt burden. The taking of final loan facility of £5million when a short time before they intimated they might not need it has a variety of implications behind it not least of which is the need for further funding if so it will be by dilution. I don't see It's major share holders stumping up more funds for continuing losses. Dilution will mean an offer price well below the currant sp inclusive of warrants as the company is basically still in negative equity. Some muppet trader indicated negative equity was of no real concern ! Where dilution is the probable outcome, see how low the issue will be priced when it comes,possibly discounting the sp by as much as 60% to circa 1.5p or less using 3p as the net issue base meaning around 2.3 billion SII. The view of dilution is never liked under any circumstances,here the company with its increasing debt burden has few if any other options available unless product price starts rising by leaps and bounds and production income starts to outrun its increasing debt burden and costs. No doubt many will disagree. Watch and see what happens

A difficult share with only 15% in free float such a tight free float of around 160 million shares most probably locked up for the long term recovery view make for difficult trading situations although sp has increased by quarter penny it is still in negative equity. A limited 15% ff means the ordinary PI shareholders are of zero consequence.

In essence the company is still in trouble,it has had to take the extra £5million. As expected no change, as it is still working on improving production reliability and cannot yet say that all the mods being put into place are working to the expected new design parameters. As far as debt is concerned it still has to negotiate its repayment structures on that basis the company is still in trouble and its debt restructuring depends on the continuing mkt price improvements although it does not say how it benefits from the improvements. A few years yet of zero profits and fiscal losses ahead. Some take off contracts have penalty clause for not delivering minimum quantities. Still wait and see what happens.

Am of the opinion that excellent news should arrive this month so with a fair wind and a little luck the sp will start to move especially on a production announcement or TWO with the later confirmation of first Gold and first Copper proceeds on the way to the bank. The BOD have more than enough cash through to production and beyond.