Member Info for mcadder

Wow that's a serious amount of revenue and it's for just ONE asset! All we need is confirmation of the intial £8M debt financing secured hopefully in next couple of days and I think from that point on (0.4p+) we'll see institutional investors starting to pile in here

Yes very good news indeed. Must be a while since it was a .01 Canadian on the ask?

Anyday not anyway lol

This board suddenly looks a lot better, it's just a shame that for this to happen people have had to resort to reporting Alyhels childish narcissistic posts. Great day volume wise won't be long before the MM's have no choice but to take this to the next leg up. Brian said in a recent interview that their acerage is vast and the silver and gold considerable. Earlier this year the company said they were concentrating on trying to track a gold vein at the Olympic site and were very encouraged by what they had seen at Trafalgar Hill. I think they are genuinely excited at the prospects at MJ and RH too. Great Western clearly have a plan and intend on proving up as much of the gold and silver potential themselves to allow the company and shareholders to benefit from the considerable upside. Anyway now we should see an RNS with regards to the milestone achievement the Great Western is now technically a producer of precious metals.

That's nearly 10% of the entire mcap of the company traded today and best guess 85% are buys and only 15% sells.

2021 will definitely be the year for Zephyr. Colin has delivered on every milestone and will transform the company imo

Thanks chisler - always retained a decent holding here but been quiet as didn't see much happening last few months BUT I think that's about to change here. Olympic and RH are the one's to watch as there could be a substantial amount of gold there imo with the added benefit of an imminent production update as per recent timescale set by Brian

Over 230 trades here in last 2hrs! Don't think I've ever seen that with gwmo. Still holding 25M here I wonder if they've found the motherlode of gold veins or perhaps a really good production update coming? Either way looking very good here hope you are all well

Agree 100% there Bob re the Nigerian's playing ball now which is why like yesterday I said that I don't think we'll be waiting long for a result on that front. Atomic deal was indeed a game changer like Art said.

There's nothing negative at all about Atomic so there will be no spikes as some alluded to, just a nice steady re-rate as the deal gets nearer to completion and thats just this one asset!

By the way Sparkz I know the difference I merely copied and pasted the bit about the marginal field bids to show that perhaps things are starting to finally happen in Nigeria as it will do for us soon, very soon imo. For someone who's supposedly been a shareholder since 2016 having not sold a single share during that time I find that very very hard to believe. Just an observation imo lol

Ooh looks like I touched a bit of a nerve hey. Anyway enough of the playground stuff looking forward to market opening on Tues...

Like I said Sparkz still time to get back in before this really takes off lol. Easy to ramp when you hold hey but now you don't that much is clear....

"Three tiers of winners are likely to emerge in the result of Nigeria’s marginal field bid round, according to indications at the Ministry of Petroleum Resources, in Abuja, the country’s capital."

"161 companies, in total, are on the three tiers."

"The three and half month-long bid round exercise was concluded on September 15, 2020 and the bid analysis, by the Department of Petroleum Resources (DPR), was concluded a month after and sent to President Muhammadu Buhari for approval."

"But the process of approval of the award list has gone on for over two months, “because several of the companies who bid, paid all the fees and made it through all the milestones, had put so much pressure to be accommodated”, impeccable sources tell Africa Oil+Gas Report. “In the event, government was trying to please everybody and that is why you end up with 161 winners”.

Sparkz it doesn't sound like we'll have long to wait - by end of Jan at the very latest I reckon and between now and then the Atomic deal will propel the share price to new highs so I suggest you just stop wasting time on here and buy some before this really takes off.

Profits will grow seven-fold' – why oil stocks are set for a bumper 2021
Earnings could rocket at companies sensitive to the economy while utilities and technology firms may struggle

By Sam Benstead
27 December 2020 • 5:00am

The oil sector is primed for a blowout 2021, with profits set to rise seven times compared with 2020....

UBS found that the energy sector which is dominated by oil companies, would grow earnings per share by 625% in 2021.
London listed Shell and BP are among the world's biggest players. Next was the industrials sector, consisting of engineering and machinery companies such as BAE Systems and Rolls Royce, where earnings are expected to grow by 79% next year.
This implies that stock market analyst's are betting on a strong economic recovery next year which will boost the shares that suffered most in 2020.

Something big is definitely happening here imo I've never seen it so hard to buy copl shares over last couple of trading days apart from when this rose from 0.04 to 0.60 earlier this year.
Luckily I have enough here to enjoy the ride but the constant NT to buy decent quantity recently but be able to sell millions and millions is a good sign.
There will definitely be big news next week imo but what for is the big question!

Well if that was a private investor selling 20M at that price they were definitely robbed. Perhaps they thought the price would drop below .20 who knows but from what we can see the opposite has happened. That should be a lesson to every investor never to try second guessing the market because most of the time it's something they live to regret!

Yes indeed a nice buy was glad to be able to pick up another 1.2M at 4.20pm at 0.235 before that large buy.
Bargain basement territory now given what we know now. My advice is just ignore the noise from certain poster's on this board the future looks very bright for this company!

Well for me either way I'm happy if it stays around this level or even dropped to around .20 as I have funds ready to pile in if it did that. But if it doesn't am happy to sit on the decent holding I have and watch this unfold over the next 6 weeks. Seriously some poster's on here should question whether they are cut out for investing with the way they react everytime the price drops!

Technically they wouldn't have needed to announce the RTO till end of Jan 2021 as this would be the date the transaction and deal is supposed to complete.
However in our case as we will need to secure debt financing for the asset it became necessary imo to inform the market so then any announcement of positive news on the funding side comes after the initial news of the deal itself and not before.