Member Info for maestro1

Matd on rampage.

This was definately a hold, 6p before spud.

Thus the reason why sp falling. They are burning cash while they cant move forward with their plans. Really sad.

i think they may fit the Velociraptor in that campaign too, it will only cost $3m to drill compared to $7m for fox.

Quite possibly 5 well program, they certainly have the funds.

Volume has been very good it doesnt look like pi's else these boards would be flooded, maybe we have large buyers..

:-)

its been good last few days, i think in the short term this is headed to 6p.

imho

I think those appraisal wells will produce oil, well done for matd to drill them first.

Interesting what Anton said about the plan of Abbey-town mine, tried to find out the exact size and then decide whether to sell or partner up with someone.

With the mine already in place it will need some upgrades and then they can blast out the ore out, prior to the underground drilling the old ceo said they expect to find around 5Mt @12%, this underground drilling has increased the resource potential and now they are planning to drill upto 900m away from old mine.

The market has caught up with this yet, low capex, shallow resource, 2m valuation for a brownfield project which can potentially be valued over $100m.

Take alook at Galmoy

Discovered in 1984, UG mining commenced in
1997 (Arcon). Employed 200 local people and
a further 25 contractors (650,000t/y to
750,000t/y). Lundin Mining merged with Arcon
(valuation of €93.4m) in 2005. Mining ceased
in 2009 (12 year mine life).

and then listeen

Lisheen 2010, 5.8Mt @ 12.8% Zn+Pb sold to
Vedanta US$308M

https://www.proactiveinvestors.co.uk/companies/stocktube/12049/erris-resources-well-funded-and-looking-to-demonstrate-the-value-in-its-projects-12049.html

Whats interesting here is that this is a brownfield project, the minerals are very shallow, while others are searching for zinc around ireland they are drilling alot deeper which is more expensive.

This mine was overlooked and producing in the 1950's so capex will be low as all mines workings and infrastructure in place.

Mkt cap is just at cash levels and i believe is the right time to buy, this can easily be a 10 bagger and more. Proven mineralisations in the area.

We have large shareholder who may take the project off us

In 2018 erris encoutered highgrade minerals south of the old mine, the strike length was around 150m-375m from old mine.

Today results confirmed from underground drilling from old mine confirming high grade minerals continuity from the old mine to 375m south.

Eris ipo at 25p, have over 2m cash and currently not valuing the abbeytown asset.

They also have large jv funding all gold exploration in sweden, what is not to like here.

This project is different to any other zinc project in that its a brownfield project.

"It is our intention once Abbeytown results made public that we will seek to put out accompanying podcast and video."

https://www.proactiveinvestors.co.uk/companies/amp/news/213588?__twitter_impression=true

High grade minerals encoutered from old mine, this project looking viable now.

The spiv are selling getting ready for the next placing. Imho big sell

Fredr

At last someone talking sense, you know what they plan to do with 102 now do you? Its laughable.

All that time we have made contact with the oil in the well confident in flowing oil. etc etc.

Tiburn

Tell me what i have said is suspect?

Sardypaul

Not really, while they suckered pi's in the main bulls on this board have sold. They know who they are.

It wasnt that special, oil is down there but it isnt like the 58mmbo they claimed, this is why they going for vanji now.

IMHO

Latino

i have been following this company since ipo, from statements like "we are waiting for eni rig" etc etc,

Just because you dont like my opinion doesnt mean i know nothing about company. I aint an oil specialist and 99% on these boards are not, just cos you are positive that doesnt give you right to attack me, im negative and my points are valid.

Tell me which point i raise is wrong?

MorganStanley

you signed up on lse Since: Tue, 15th Jan 2019.

Whats your original alias?

Everyone is entitled to their opinion, what sefton said in interview is totally different to what he said in rns. SIMPLE