Member Info for leapfrog

Macquari bank have a .50% short and GSA capital have a .61% short.

Apart from telling an outright lie it jabbers absolute nonsense,apart from anything else it knows nothing about the economics of shorting Stocks especially one priced at 2p

Doubt that as it's only one tiny segment open for business although would be good to see better figures all round.I should imagine the adds are changing all the time. As yet we don't know so the more info we get the better.

I post the facts as I see them, like it or not so far I have been accurate. As for those that are the equivalent of bully boys because their view is not agreed with,who use insults instead of reasoned argument because they either lack the intelligence or cannot understand what is happening - that's their problem.- Demonstrating that kind of bullying characteristics is not for me. As for the comments made about negative equity it's a small matter of arithmetic,perhaps one or two don't get that,the company is in negative equity and will remain so for some time. It has taken the right corrective measures by bringing in its big guns to deal with the situation,even a blind man could understand company had to be in dire straights for that to happen, as far as can be understood the right steps have been taken and the leverage being applied should slowly but surely bring it out of trouble, hence the change in the sp concensus from its downward trend to a better neutral wait and see position help by better product pricing. As before the last £5mill available take up or not will give the clue to progress.

Am in GGP,it bears a similar story well worth researching but make yr own mind up.

And exactly what are the financial figures via Amazon you of course know what the are as you have the intelligence to employ the comment after all it's up to yr usual standard.

Jabbers on about not investing when he clearly implied he was invested,kinda leaves a doubtful trail which no doubt will be revisited.

So it's tripe to say we are in negative equity,if that's the case your business acumen is not all there or the truth cannot be faced Isn't that why out and out gamblers join various associations because they hide from the truth? This is a forum for business nothing else so let's stick to business and wait for the next RNS

Good grief speaking to a high ranking official, how important you must be,who said there will be a turn around exactly what else would they be expected to say? how wonderful,is that why we are still in negative equity because there will be a turnaround. Of course they have set the scene for a turn around.As mentioned we will soon have an indication when the £5million last chance funding Is taken up or not. No high ranking official has yet advised the success or otherwise of the situation,it is clear senior management has been sent in to stop the rot which shows two things the then existing management structure could not address the problems and it was so serious the company would have closed in its currant format unless debt was transferred forward and further funding made available. Funding changes were a hard negotiated success with a limit placed on the amount available within the new reset time constraints. This gave the company breathing space to resurrect itself from negative equity it has a set of new parameters in place,will they work or not,we do not yet know. The sp consensus gives a firm indication of expectations for success - if not the company could be suspended. We will know soon enough. No high ranking official or anybody else would give any news outside of an RNS which could benefit or otherwise the sp,it appears some are unaware of the rules associated with inside info.,

Your right - the word NO did not appear same as should have read possible. The only minor capex apart drilling etc., was the building of the mining site access road to the processing plant some 7 ks long.

Only an unresearched clown would bother to jabber utter nonsense about what is no more or less than a change of staff. What price education.

Only a Clown would demonstrate a complete failure to be researched as you just have. The company came out with a bold statement of targeting blue chip status so I researched in full how the company could say that. Found out it was possibly If you cannot understand the simple maths of the tonnage throughput of contained copper and gold,how much income it will bring,the principles of zero capex what that means when set against production costs and rates of production.not a lot to say. I used RNS info.,so I based sp calculating on cash roll its value in terms of basic gross income allowing expenses to be taken by increasing tonnage throughout. On that basis the figures stack up to around 60pps if sp concensus starts to appreciate what may happen a future PE of 10 to 1 is not unreasonable Blue chip around 5/7 years assuming second stand alone mine up an running copper and gold maintaining price highs sp within a year to 18 months so long as production starts this It is rare to see IIs take chunks of what was and is a tiny MKTCAP co on the open market in order to do so they had to do serious DD which gives further confidence to forecasts of future events.

Thanx I did wonder, assuming the email to be correct everything is normal

If investing consider the risks associated with at least 30% of the shares locked into the IIs and probably an additional 15% locked up LTH . Leaving some 65 million shares in free float,a tight market will mean rapid sp movement on good news especially if my basic analysis of the companies income expectations is reasonable Good news refers to production and associated on going news flow May as well mention dangers of spiking sp,will it happen depends on demand if it did against constant production and commodity price then any spike may recover to be a stepping spike situation IF again IF potential PE of 10 to one (600p) is possible. At least we know we are on the ICs radar.

The IC mentions GEO in line with interest but advises caution on the cost of extraction for both copper and gold. GEO extraction costs are somewhat less than most processors check direct with company.

Oddly enough -The outcome for the last uncommitted bridging loan facility of £5million to be decided in August will give a picture of the turnarounds progress.

If the company is to achieve blue chip status it means a price of £60 per share . I don't see the SII remains at 114m So there could be scrip issue etc., To add GEO has turned down funds and made it clear it has more than enough to run through to production and said it will not require further funding - of course a small risk factor is always in the back ground.

Read it correctly please I said gross because the split comes after the income and costs not before so GEO will be earning etc therefore etc.

Should read -athere is NO mine CAPEX

In my view there are a dozen or more other major resource confirmations to come over the next two or three years possibly equating to longshot 700million tons DYOR