Member Info for maestro1

Abs By Wed if loan not paid then it will be extended by another 8 months.. do you not get that...

tell me again why they wont get in production, prior to the Bosnian war this was a producing assets, it needed reconditioning and money has been spent doing that, ferrosilicon prices have shot up, google the steelmin directors they are not wind up merchants..

Helpful Magic doesn't care about that,it would have cost Steelmin $100m to start from scratch. Everyone kows steelmin has value...

Abs You really need to read rns's..

MAGIC Look at the projection at the time of the loan agreement, it states q1 2018, read some bosnian newspapers they are also saying the plant will be producing in march...

MAGIC the projection is that Steelmin will start production NEXT MONTH (MARCH), even without the cash from steelmin RRR can cover their loan they have which i have mentioned earlier, the loan will be amortized monthly, so money coming in from : �364k in march for the dividends/buyback from jupiter stock we hold. $750 Loan return from El Limon in April Sell 25% of our jupiter shares when listed in March/april, can easily be +�2m The loan Steelmin have with us is guaranteed with the steelmin asset, we can nabbed it should they not pay us, highly unlikely they wont pay.

steelmin will also pay 5% penalty so it doesnt really effect us, as it balances out, we have more or else acted like the middle man. What are you on?

Mr Magic The loan can be extended for further 8 months but with penalty, so i dont think 75% will be needed to be paid by May.

What complete nonsense you talk, you can't just recondition the furnace and press the ON button, their are procedures in place. Still think by next month we will be in production.

for some reason on my computer browser i can see your post logged in, but on my phone they are filtered.

who was going to pay for the reconditioning of the furnaces? The first furnace has been reconditioned, ferrosilicon is being sold for 1550 per ton, the furnace capacity is 29000t per annum. Lets see, who has the last laugh...

im sure rrr can find C.$370k per month from somewhere.. Jupiter share buyback �364k Jupiter IPO liquidate 25% of our shares in company c. �1.5m-�2m El Limon Loan returned in April $750k Not the end of the world, HOHOHOHOHO!

these derampers can continue talking waffle, read the rns for the terms of the loan dated 23/06/17. -Note carries a 13% interest rate with a three month repayment holiday and 75% of the loan to be amortized over 8 months leaving a 25% bullet at 12 months BUT LOAN CAN BE EXTENDED!! -Loan offers an additional term of 8 months available for a 5% refinancing fee and amortized monthly.. Same with Steelmin they will have to amortized monthly to us just like we will have to with Yorkville. So not all doom and gloom like the muppets here scaring investors. We have already managed to get 22% of Steelmin through this deal and should they extend we can get upto 30%. Production is hopefully next month, in USA ferrosilicon is trading at $2500 per ton, here in europe it is $1550, the first furnace is expected to produce 29000t per annum and once they upgrade the second one it will be close to 50000t per annum. This will be like a gold mine to us, just watch!!!!!!!

Minichris Niger Delta one of the more volatile regions in the world, this is why oil assets are valued significantly less. Good luck with former software programmers having a crack in oil industry.

Ig Are you a nutter, I'm pretty sure you were saying this will be 2p soon.. Bought some shares have you?

Jimarillo This is trading under cash for a while, the COs was only 12% on CPR, this needs to be near 20% and then I'm confident of a farm in. They may have to do 3d themselves. These directors have made a lifestyle out of this company and its time to pay us shareholders back.

Behave dumbo... What's the offshore drilling costs then? Do you know? The norm is c.$20m. Buy with this software company turned oil company it may cost more... :-)

joebop are you his gatekeeper...

why is magic deramping this stock day and night, does he still have nightmares after so long.. FFS grow a pair and move on, its only cash you lost dont make a life out of this, its not healthy....

Coffeecups Shares don't go up in straight lines, you should know that from casp