Member Info for Mumbo_Jumbo

rosso and chesh, will you buy in if he raises cash at say 3p?

CharlotteB - just buy in already...1p here and there is not going to make difference when it all comes good.

Androclese - maybe he's talking about cashing in his own post office bonds, with which he will then take control of PRD :-)

CharlotteB - remind us what's the mcap of PANR and how much income are they producing? :-)

you might want to head over to nasdaq and look at the battery companies there and the amount funding they have, and the sort of money that has been invested by the German automotive giants. How much is BMW investing their own money here?

Be informed, there is no excuse in remaining ignorant when all the information is at your fingertips these days. Then you will understand that this is pocket money and will make no difference.

Watcher - They will nationalise this once under Kazak rules. You will see one by one BOD resigning. End game is nationalising of Poly assets via private individual working for the state or a state entity itself.

This all IMO of course.

Throwing good money after bad!!

What will £8 million achieve ... nothing. The funding is too little to make a difference, mere state funding for jobs for boys in academia and private companies whose only survival mode is sponging off the tax payer. Nothing will ever materialise that will be translational. They will do just enough to apply for another grant 3 or 4 years years down the line and on and on it will go.

In the meantime, serious players in USA/China/South Korea/Japan backed by serious money will develop the technology which we will all be using few years down the line.

If they are serious about developing this, put serious money (hundreds of millions even billion) the most viable idea be it here or someone else and go for it full throttle. But they won't, they will throw around pennies everywhere to keep everyone happy and as long as its seen as that they are investing in "new technologies" of the future, all is good.

Which part of the presentation don't you understand? The company is stuck between a rock and a hard place. They are under diktat from Putin to move out of LSE, it's simple as that. Bottom line is that Putin doesn't want us the UK citizens to profit from Russian gold. Once under Kazak rules, they can bend and change the rules to benefit whoever. This is a wider economic proxy war at play.

Before anyone accuses me of being a shorter..... please do let me know where I can short it!!

This is a play by the company to let the news out but also leave enough doubt so that it doesn't goto pennies overnight.

I think they have had Vlad in their ear about moving operations out of UK. From his POV, Why should he let UK shareholders benefit from Russian gold. He can just nationalise the mines, and then what will Poly do? They have no choice but to comply.

Yes traders will take this up and down in the short term, but long term trend is now set.

Pandamonia - ASX you can but not from AIX :)

Maybe Vlad squeezing their balls to punish UK.

What a disaster for the shareholders. Company looking to move home and list in Kazakhstan!! Vlad and western sanctions have screwed a once great company.

This a dead cert short, only if you can find a broker who will let you!!

oh dear ... move to Kazakhstan index. Can you even trade on it from UK without having to find speciality brokers?

Thanks Keith - good to know that you are fellow retired scientist, I am/was a molecular biologist with emphasis on utilising new technologies. Have not invested much in this area for a long time but I am learning as always and not to repeat past mistakes. I once invested in a company drilling in Somalia in a region aptly named punt land :)

Jimmy I understand that but do they release the rig or not, that is my concern. One way to interpret is that technically it remains in place for now and their statement remains true at the time of releasing the RNS. But few days down the line they could be demobilising it.

Tom - whilst the comms leave a lot to be desired, this is Oil and Gas exploration. What you expected it to be ... a dead cert? This is my first foray into exploration after a long time. I am not complaining about the outcome even if they said its a duster, it is what it is.

I can understand things change when the drill bit enters the ground. But the comms from the company leave a lot to be desired. There is considerable ambiguity as to whether they will suspend and drill at a later date or will they do it after a brief pause. They will head over to MOU1 for testing in the meantime. Do they have enough money in the bank to be able to keep the rig idle for a period of time or will they have to release it and then come back. Does that mean another equity raise.

Keith - A "youngish" retired scientist

who is GRH?

lets get 5-10 first :)

Doc - on the contrary, I stand by what I said. Go through the RNS from covid days…. I was one of the few dissenting voices. The mcap went up to £700 million at one point. In the end I was proven to be right.