Member Info for MrEMC2

From my interpretation of MarketScreener technical analysis chart I believe there is a GAP TO FILL between 37.35p and 38.5p GLA

Ritorno plc : Company status 'Active' .

Why is Chris Akers keeping this company alive?

2nd July 2024: Statement of capital following an allotment of shares on 30 June 2024 GBP 369,559.7139

11th April 2023: Statement of capital following an allotment of shares on 3 April 2023 GBP 366,559.7139

Shame I can't go to TH meeting. I will miss saying hello to lots of you folks. ATB, C

Anybody know whether the Retail Offer is avalable in Iweb and how?

GGP Lassonde Curve right on track like I said years ago - onwards to the second wave and a higher price than 37p

MrEMC2

Posted in: GGP

Posts: 3,005

Price: 9.30

No Opinion

RE: Placing24 Aug 2022 20:26

This latest raise at 8.2p is yet another hammer blow to me but I will not sell out. Steeling myself for further drops in the share price to 4p.

Back on 12 January 2022 I said

“If we follow the Lassonde curve literally then the share price would fall to around 4p (ie about twice the level it was at the beginning of the discovery stage) before the second upward cycle starts to take effect”.

Just did not want to believe it for GGP given the forecast prospects but the shorts and world and national events have helped to blow us out of the water for 2022. I now believe that 4p is more of a probability than an remote possibility.

Nevertheless holding on for better times by 2024. GLA

SAS' table from 2020 below. I've been waiting years for similar price rises. I hope we have heard the starting gun for a similar ending or better to 2024 ? GLA MrEMC

DATE________OPEN___CLOSE_____CHANGE

DEC-2020___27.30p___36.90p_____+33.70%

NOV-2020___22.75p __ 27.60p_____+20.00%

OCT-2020___19.80p___23.00p _____+14.43%

SEP-2020 ___15.00p___20.10p_____+35.81%

AUG-2020___13.80p___14.80p_____+9.63%

JUL-2020 ___11.80p___13.30p_____+12.50%

JUN-2020___10.00p___12.00p_____+20.00%

MAY-2020____8.35p___10.00p_____+22.70%

APR-2020____4.30p____8.15p _____+73.40%

MAR-2020___4.225p____4.70p_____+11.90%

FEB-2020____3.20p____4.20p _____+32.15%

JAN-2020 ____1.80p___ 3.20p _____+77.78%

Okay both fact are correct 'lease lodged' and 'lease granted' ha ha

@ bfdinvestor so right of you to point out the grant of mining licence was excluded as an achievement in the presentation given that it was a major milestone 5 months ago!

rns 19 april 2024 states "the department of mines has on 18 april 2024 granted the mining lease (m47/1633) for the han**** project to alien metals, representing a key milestone on the pathway towards development. this gives security of tenure for a 21-year term through to 17 april 2045".

From Presentation:

Slide 10 "Mining lease lodged" (as an achievement)

Slide 7 "Mining Lease granted" (as an estimated milestone for Q2)

Slide 7 states "Targeting Finalisation of Han...k Funding / Strategic Option" (as an estimated milestone for Q3)

Slide 10, 2nd to last bullet point "Negotiations progressing on target with prospective offtake and finance partners"

But which drafting contains the more up to date information; the e-mail or the presentation?

Anyway looking to see if the share price continues to rise from Monday onwards (on behalf of my granddaughter).

I agree it is my vision of a GGP multi-billion value company. We have already seen £1.4bn valuation - I'm thinking there is a bigger valuation to come kicked off with the second wave of the Lassonde Curve.

Say 7bn GGP shares x £1.44 = £10.08bn would make it a FTSE100 company - that's plausable! (althought the target year is arguable).

2024 --> .........................................................................................................................................................2029 -->

7p ---10p-------------------------------------------------------------------------------88p-----------------------144p--------->

Filing history:

15th Jan 2024 Full Accounts made up to 30 Jun 2023 "going concern for 12 months"

16th Feb 2024 Confirmation Statement 6 Jan 2024 with updates "

Rental terminated April 2024

Is June 2024 the end of Ritorno - we wait with baited breath!

Hi RBM (who is RMG!!! Sorry) Thanks Emc

RMG thanks.

@Stas thanks for sharing your questions - they cover mine.

Emc

RMB / Rod - With anything like 500 people accessing the Zoom meetings surely it is appropriate to list some questions/ suggestions beforehand and give these to Mr Cotter to address. Some people may not be confident in asking a question in front of a large audiance. Others may have a large number of questions. Some will wish to ask follow up questions on Zoom. Give as many people as possible a fair chance to ask a question. What do you think? If so, where do we post our questions?

Hi Speedy, I purchased £502.66 worth GGP shares May 2018 at 0.582p;

6 years later at 6.10p up 1,008% = £5,067.46

more years later say at 500p up 82,916% = £416,782.50 thanks very much!

And by the way I have it on good authority that lightning can strike twice:

https://www.britannica.com/story/can-lightning-strike-the-same-place-twice

ATB Emc2

With our Board Members one other factor to add in - GGP reverse take over of Newmont, so £29bn capitalisation will look pretty small by then!

Edgein,

Shame but thanks. Emc

Page 27 (2nd affidavit) para 68(b)

"two oil producing units"

Anyone think this could possibly refer to the two 'secret wells' ? Worth $105m??

(ii) Non-Current Assets

68. As at September 30, 2023, COPL’s non-current assets consisted of the following

(approximate values):

(a) Exploration and evaluation assets - $5,336,000

(b) Property and Equipment, net (relating primarily to two oil producing units) –

$104,981,000

(c) Right of Use Assets – $57,000

(d) Long-term deposits – $603,000