Member Info for MadChatter

Obtain finance from a NUMBER of interested parties. What are people's thoughts on what form this finance would be, if multiple parties are involved together? Jv arrangements? Convertible loans?

Does seem like the entire free float changed hands today!

The way I see it, if there is less than 10% free float here, you can be damn sure that the funding plan would be extremely unlikely (imo) to involve a placing. The rns today is a very positive step on some positive sentiments from the bod. Shares wouldn't have priced it at 3p if they weren't confident of being above that in the near term. So overall I'm happy that things are moving in the background now, and this was priced very low for a gold producer before today. Even now it's still cheap,but understandable with the funding.

You bring up a warning of a minor incident six years ago as a warning....? *slaps head*

Admittedly all time delayed, but the recent trades look like a solid wall of blue.

So my understanding is this roaster thing 70% complete and on track? Then when plant complete we will start generating millions in revenue a month? Should see a sustainable rise here to at least 0.15 imo

Very nice to see those. Certainly shows confidence. Expecting a good day here tomorrow? Presumably this went up a lot today on the day the shares came to market for a reason?

Would be more interesting if she owned say 10%

Agreed. Regardless of what any sellers think, this is a monster cpr relative to the mcap, and a crucial step towards farm in.

No debt, £5m in cash, 3bn barrels and this is down!?!? This is crazy.

Theres only a few million shares traded on asx. May not even have been announced over there yet?

Let's see what happens this week. Could end the week closer to 20m. Honestly I think nothing will happen buy out wise until much later on. So nothing to get excited about there. Yet.

Let's put it this way, the MCAP as of right now barely reflected any oil at all in the CPR. So 3.6 billion barrels of oil unrisked (up to 9.6b). Of course it's good news!?!

Is there a relevant peer comparison with this level of potential?

I'd be happy with a great cpr and "talks are on going" with interested parties. Imo that would lead to a more stable rise after the initial news.

Just reading some people earlier saying 10p on cpr.... That's still less than 20m mcap!? If it's a half decent cpr I'd think 15p minimum?

I'm sure I heard mention of this, what is the talk? I see we went yo a disruptive tech conference thing. Could be very interesting to develop a game based on bitcoin...

Bear in mind as well, the finance charge should be negligible as well, if not not existent, going forwards. Hence the 30p target is absolutely achievable. Should be much higher once the heath games are rolled out.

The deal with jackpot joy wipes out this historic debt. Should be the rns late Dec. We've been sorted out by two of the largest players in the UK in this market in last 2 weeks! One wiping off debt, as they see the potential, the other handing us a very good revenue share. Highly lucrative I'm hoping

c£14m revenue a year, no debt, massive opportunity with the health lottery, deals with jackpot joy as well. Excellent position to be very cash lucrative this year.