Member Info for leapfrog

There is CAPEX for mine development. GEO is using its partners mine also managing the JV production contract presumably for a fee. Once GEO goes into production the immediate profits are marked for building a future stand alone mine. The RNS states 60000 ton throughput per month equating to 600 tons of copper per month @1% Multiply the O/P of 600 tons of pure copper by $6000 PPT and you have a monthly income from copper alone of $3.6million. Add in the gold content of 60 kilos per 60000ton monthly throughput multiply that by $40000 and a significant $2.4million can be added to the monthly income roll of $3.6 million for copper So a basic hefty $6 million dollars per month income from a zero start N.B. The above figure can be ramped up to around $9million a month if the ore throughput is ramped up to utilise the mines spare capacity in full. Rarely does one say what is not to like about a share especially GEO Especially with only 114 million shares in issue when set against a gross income of minimum $72 million per year that's around 60pence per share gross income per year far higher if mine O/P is maximised So a PE at 10 to 1 equates 600pence per share + interest and demand value valuing the company at half billion £ plus Nearly forget the big IF will we stand a chance of getting a dividend. So now it can seen why a minimum $5 billion blue chip is the company target especially when the second mine is self financed up and running effectively giving GEO a debt FREE future so think about the divi. A cynic would say we ain't mining yet so the above is fantasy fiction -really ;) My numbers Are from the RNS which was designed to give investors as much info as legally possible.

Yes I have added just a further two lots for the ISAs simply because I think the sp is near its lows for the moment, as soon as a mining date is announced and confirmed the sp should get electrified !

Ages ago when I first understood the potential for resource availability I said on many occasions the sp was pricing in the resource for nothing. Apart from Copper,there are roughly 7 + million ounces of gold,22 +million ounces of silver plus a number of other minerals, I expect gold to eventually be jorced to over10 million ounces. I still think the resources are priced in for nothing especially as we will not be doing any fund raising to build a mine, We are in a very unusual situation for a resource company in becoming profitable virtually the instant mining starts Not too long to wait for that throughput of 60,000 tons per month which can be expected to be ramped up to 84000 tons per month assuming the full available capacity is utilised,meaning a near 12.5% increase in bottom line to GEO With copper coming into serious commercial headline focus our sp could double and then some assuming decent production o/p is achieved for both gold and copper. We are a well kept secret but not for much longer.

Yes both China and the USA have small electric aircraft on sale plus Boein and others have been developing electric power passenger a/c since 1999, all they are waiting for is a decent lightweight long range power pack. The light weight range is about 75 miles at a cost of $5 , buy price is coming down.

Every delay will push the ramp up to breakeven further away whilst at the same time pushing up ongoing costs. If it continues tHere will be a point where more changes will have to be made. I would expect the coming RNS to be optimistic towards production . I don't expect the sp to get excited The BOD will be fully aware of the negative equity situation and will be wanting to address it asap.

And ? Still no logical explanation of what dilution has to do with the current sp. As it ain't happened talk is a waste of space I am in GEO and talk of copper prices is beginning but they are a waste of space until they start production.

What have placings got to do with the current sp? The rate of demand growth has no agenda for slowing down. AB is the stand alone AIM PC Co.growing as it meets increasing. demand,it might need future money so a built in risk, only the brain dead would not understand that Bit like yr previous namesake.

I invested in this share for the long term after a decent amount of research including talking with various members of the company and understanding the power of PC and the way it works therefore the daily machinations of the sp are of no interest. I have already stated my expectations for the sp to double if not treble over time,I also expect this yrs results to exceed forecasts. Most of the posters on here know exactly what they are talking about and what their term expectations are so hold substantial numbers of shares. I note you do not like the stock and post accordingly, apparently sold out at around 2p, most researched would think really. So define your opinion ?

Why would anything else be expected?

There is that 'major European C&G developer and producer' mentioned again which confirms the companies target of becoming a multi billion $ blue chip concern via its assets and both C/G production. Looks like next RNS will be out around the end of August.

TBH i think the rate of growth is better than originally forecast in terms of YE expectations for income If correct then the expected loss will be smaller than forecast by around £3/4 million we already have £4million in place with just under 4months to run. £5.2m was forecast,Should be nearer £6million Time will tell.

Oliver Sydney post is patently false for obvious reasons. In order for CICC to list within 6 to 10 weeks time the first prospectus draft has to have been submitted responded too then the second one which is the reply to first submission queries is sent in which should be the case if CICC Is listing within a reasonable time. I think we are at the second stage.

Anyone thinking of investing should read the last few RNS releases to get an idea of the almost exponential growth taking place right now.

The rig isn't vertical so is it infill drilling? If so they may be proving up further finds.

Your right, I too forgot,this 80p has come up before- The £100+million turnover target is from the company. A remote chance of it being reached before 2020,to remain on target will mean an increase double + for 2018 booked revenue. As for the sp - difficult to extrapolate -PIs attention will be drawn to the explosive growth taking place once it becomes known and seen to continue the sp should have enough attention to move it forward somewhat.

When it was 80pps I was 5 years younger and not invested, Around a year plus ago I had a good look at the stock then seriously invested for the longer term. So far better than expected,well on if not exceeding targets which has to happen if they are to take their forecast £100million mkt share or circa 10% of the £1.2 billion and growing available market within 2 /3 years. What price the shares then?

The. waiting on the US decision and further potential problems created by Brexit will probably see the sp below £1.00 upside or otherwise will depend on US news.

A very good report giving £4million booked so far this year including the previously advised £1.8 million from the last report keeping us well on track for meeting if not exceeding the £5.2 million.forecast. Now we have automated advertising pramming at the push of a button all adding andincreasing rolling revenue. The cash burn comment was significant as it shows they are expecting faster income growth to reduce cash burn quicker than their forecasts have indicated To put some perspective in place the quarterly UFRS are 5 times the population of Britain and the monthly unique users are a third more than the UK population.

Not much more that they can do,they rearranged and increased debt changed management in expectations of better results but the cannot influence product price. One of the reasons for original decline on product price was the reducing of stock piles to a minimum + order as required policy adopted the US and a few others. The new company management should get some news out to prove themselves , that will with any luck take the company out of negative equity if not expect the sp to fall to settle around the minus 2p mark. It was At 5.5p not so long ago and I expected it to go up because it had all the appearance of a well run company,that was before looking at what is happening.

Price of copper is on a slow climb as China's industrial progress ramps up and the world increases its consumption of EVs which use 4 times more copper than today's vehicles Copper prices will become a focus of world nterest especially if they get back to the highs of a few years ago. Meanwhile we await further resource and mining news.