Member Info for Moneymaker2015

As Italy are slowly reducing their lockdown measures in light of the Covid-19 progress, hopefully in the next 3-4 weeks we should get another update on progress.

What are the chances of

As much as I’d like a top-up, my concern is that cinemas are going to be without doubt one of the last places to re-open, which could be months away yet and the sp is just going to keep going lower until they bring some news out.

To be fair, even if it didn’t pull back yet, it still seems a good price now. Once the mine actually starts up I’ll be very surprised if we’re still sub 10p. If I had any spare cash I’d have a decent top-up myself.

I’d actually said that last. PMO’s market cap had hit rock bottom, current oil price is on its knees and they’re likely struggling with cash. The chances of them pursuing this was always going to be low unless it was proven as highly commercial. For 88E it is likely still a commercially viable option (dependent upon these final results). My main concern is the ability to gain funding or bring another partner on board.

So, with only 7 business days left until our Nomad leaves. Who thinks we’ll have another lined-up and that the suspension will be lifted next Thursday? It would certainly be an interesting day of trading if it happens.

Especially in the American oil market, they can’t even pay people to take their surplus away!

I’ve got a feeling we’ll get a little pull-back with some people taking profits. My guess is we’ll stay around the 3.5p mark for a while, then incrementally increase. I’ve got the exact same thing with AAU at the moment and at a very similar price, although they’re expected some big new in 2 weeks so will likely pip the mark to 5p first. I can’t wait until financing here is finalised and we get started in the ground, this will absolutely fly.

Only having a £12M mc is the reason why I really like this share. We’ll bring in more revenue than this in our first year of mining (provided the initial season goes to plan). I know it’s a few years off yet but I’ve already set my target price for this one and am expecting some nice returns. It’s likely we’ll get a nice little tick upwards once the financing is drawn down and works commence on site too. There is still a small amount of risk until we get to site, but they’ve done a fantastic job so far I have every faith in them continuing the trend.

The thing we have to keep in mind is that AAU are the ones with the resources. Obviously we don’t know the full back ground to the third party, but I suspect it’s unlikely that we went begging them to buy in to this. You also have to respect the timescales involved here. It is a huge outlay on their behalf, so you can understand them taking their time over the due diligence. Contractually, it can easily take months to get all terms agreed. I work in construction and a simple contract or section agreement can take an extremely long time to get signed, especially if parties get their legal representatives to review it prior to signing.

The positive is that the drill results were confirmed as being similar to that which Ariana had undertaken previously, so it is unlikely there will be any issues in this front. I know we are losing a hefty percentage of our assets. However, it means a decent chunk of cash is available immediately, and increases the speed at which we can bring other revenue streams online, so will put us in a much better position than we currently sit.

The bright side for Arian is either way, we are in a win-win situation. We bring the partner on board and we receive a large amount of cash in return, whilst also speeding up other routes to production. Alternatively, the partner doesn’t come on board and we retain 100% of a huge gold asset, to be bought online later down the line once funding is arranged.

Either way, I’m looking forward to this being concluded in 2 weeks time (provided another extensions isn’t granted). GLA

This sp here has been plummeting for a long time now and for no reason whatsoever it has just spiked today. A lot of people are going to lose money here or get trapped in for a while, purely because they didn’t do any research before hitting the buy button.

Replacement of a Nomad is a prime reason to stay suspended. No one in their right mind would lift a suspension knowing full well that they could be de-listed completely 4 weeks after resignation. The share price would absolutely plummet due to the increased risk. They will stay suspended until the new Nomad is on board at the very earliest.

Nice surprise to see us 20% higher this morning. I can’t help but think it’s just traders jumping in and tomorrow they’ll bail out again though.

No problem whatsoever, they have an EPC contract with Sinosteel to cover all the mine commencement costs. Plus, the mine was deemed commercially viable when Pd at $700/oz.

Good job though, keep you scaremongering up...

I definitely wouldn’t be cashing in anytime soon. Every time I’m tempted I just remind myself of the low capex costs and the very small number of shares in issue. It may be a couple of years yet, but when a first divi is announced this will absolutely fly. Provided the funding does get finalised without any hiccups, the BoD will have done a great job avoiding dilution.

If you’re struggling to buy, it’s usually worth buying in smaller amounts. You can often get a better rate than buying in larger sums too.

It’ll just be people taking small profits and some thinking they’ll be a pull back so can get back in again slightly lower when/if it drops. I for one won’t be selling for a couple of years yet after that news.

I bought in here a couple of weeks ago at 0.27p, as they’ve been on my watchlist for quite some time now. Thought I’d take a little punt whilst the sp was so low. Was a nice little surprise just seeing them in the top 5 risers and the sp at 0.5p.

95% of the shares in my portfolio are blue today. There’s only one with no movement whatsoever and that’s KIBO.

Good to see we have lots of interest...

The worst part about it is that a lot of the other markets are picking, so more and more people will be removing their funds and putting them elsewhere. I’d like to think that they won’t go for dilution at this level as it’s a hefty raise that is required and there’s no way of knowing how long the lockdown will last, so one raise may not even be enough.

Tough one this. A lot will bail out not long after open, so will likely knock us back towards 2.5-3p. However, depending on what news comes out with it, some of the people that would have originally bailed out may stay in and more will join.

I’m optimistic that they won’t re-list without also some positive news to go along with it.

Put me down for 9.8p

It’s nice to see us heading back towards the pre Covid-19 levels. Just a shame we had such a drop because the news on 30th would have easily bumped us passed 1p had we still been in the .70-.80p range. Some of the people getting in now or earlier are getting a huge discount on the potential reward.