Member Info for mcfcnige

Ed,
IMO It looks like they are prepping up for a big push.
Rebrand, lots of near term news due and investor presentation coming soon.

They now need to show investors and the market that this BOD are capable of creating substantial shareholder returns.
Let’s see what happens:-)

Ed
Good time to do a deal as well, oil and gas low.
I would be very surprised if we don’t have major news before mid April

Hi Ed,
We might get 3 pieces of news announced very quickly
Permit for Mt Weld
O and G asset Brazil
Sign off for new Lithium asset

SK hinted at a dramatic increase in the market cap very quickly, this will probably involve some kind of equity raise but more likely at a big premium, especially if cash generating O and G assets are purchased.

So in other words the sp will be going up :-)

Interesting paragraph:-)

The Company is therefore now positioned with near term, and potentially transformational, newsflow from both Mt Weld and advantaged potential oil and gas acquisitions. With its legacy assets now fully carried, we believe shareholders can look forward to an exciting 2023.

RNS bullish statement

No news yet, drill hasn’t started

We have 3 pieces of news that we were promised would be announced in weeks not months.

Drill details at MT Weld

Approval of new lithium asset

New Brazil O and G asset details

Expecting news on all these very soon

Next news should be permits through and drill start date

Give it time, deals are not done in 2 weeks

Big increase, that’s more like it

Just think about it, shares issued at 0.45p bought for 0.16p by another company a few months later, bargain:-)

Maybe someone will buy there stake off them? :-)

There is a 1 trade, I think that’s code for 10bagger in the next 2 weeks:-)

Hi Ed, do you have any thoughts on when the mining license will be issued, the company don’t mention timing nowadays?
Thanks Nige

Can you imagine what’s going to happen if they find something with the Aussie drill.
With this market cap the sp could go mental:-)

Good post Ed, fingers crossed the company seems to be trying to turn things around.
These regular updates are slowly but surely pushing the projects along to the next stage.
Hopefully not too long before we get an update on Brazil:-)

Crikey what a return that was.

I think most of us would settle for a couple of pence:-)

Thanks Ed,
SK was hinting at an increase in market cap, I think he mentioned £15,20,25 mill
How would they fund a project like that?
We are only £2mill market cap with little cash, unless it was some kind of JV?

Thanks Ed,
Should be an interesting few weeks, it looks like we have steady news flow now.
The company seems to have changed since the start of the year and now seems more shareholder focused.
SK said in the podcast “ one or two good trading days can change everything “
Hopefully he said that because he knows what’s coming?

Thanks Mike, it should give a boost in the sp anyway.
At least the sp is slowly grinding higher, I feel the next news is going to be important for the company.