Member Info for munchbox54

From late yesterday.

Also guys have missed a key point ..... NM have split the JV by giving away 37% but actually hold 20% of OMI shares so really they still have nearly 60% of this gold pot

Excellent work by them. Looking to break 18p today.

Funds received and Drilling to begin will be a perfect base. Let’s hope it’s tomorrow

Pmo have now decided not to buy bp assets which are cheap as chips.

It’s a race between us and SQZ I reckon.

If we got them for $180m then boy o boy we will be shooting for the stars.

Today just reaffirmed my wild thoughts that the relisting could be substantially higher here simply because of the deals on offer.

They will 100% offload some assets from the merger and it begs the question with ENQ and TLW .... who’s next ? Which assets are going to be thrown away .... I really am starting to believe they will snap up more than one asset in this RTO.

IT must be like a dream for the BOD to be looking at assets knowing they saved hundreds of millions by not buying before covid.... and now pick up assets at 70% discounts. Wow.

Some very intelligent and realist posters on here who have realised the penny has dropped.

The cap ex for sea lion is just way way tooo much to develop as a new greenfield project that would no doubt come across many delays and hitches as 90% of any projects do.

I think RKH will either end up with nothing or Very little from sea lion.

CRY calculated the deal before agreeing or Pmo would have gone bust , they must have looked at sea lion as a free asset. Rkh up against it.

Below $35 a barrel.

Be careful here. Oil needs to be much much higher for them to consider sea lion.

What would you do ? Buy producing assets for $500m that give you 40-50k bopd or invest 1billion in to god knows what problems with Argentina / uk and the rest of it.

For me this signals the end of sea lion .... they will sell it for peanuts to cut costs.

Look at some of the deals taking place .... it’s just not worth investing in sea lion when you can buy double the production For less

All Pmo holders have been shafted !!!!!

Period. There was no need to take on more when instead they should have been reducing assets.

Shambles. I feel for investors here Who have higher averages.

Well
Kind of yes but renewer CRY are paying off all of PMO debt so there is a chance but highly unlikely the creditors will want to rebel especially in this climate

Latpulldown......

ARE YOU in cuckoo land mate ?

That asset will never raise $500m -$750m

In this environment with so many assets up for grabs they will be lucky to get $350m for it at best.

And counting.

Need it to smash $2000 again and that will automatically double our sp.

13.3p to sell and few hours later 17.3p to sell.

Be out of this stock at your peril.

This is one hell of a ride coming.

Coming this week.

Receipt of funds

Drilling commenced

2 rns or all in one jumbo.

The word boom comes to mind

EL.

Sorry I touched your nerve for selling my holding.

My wife says I have no credibility so I guess that makes you irrelevant with your thoughts.

Oh. The guys with class i mentioned .... your not one of them. Lol

Wondergoals. It’s posters like you and others who have kept me strong.

Guys in here have a sense of class to them, very respectful and maybe I will buy back but I am so annoyed with all the delays and dropping SP which fuels my thoughts of why JM was trying to prop up the share price with peanut buys although they were buys.

I really hope you guys make money because holding this stock you dam right deserve to ..... good luck and good bye for now.

Sick to it. Can’t handle this company or Managment.

Sold up once and for all. Good luck guys.

I just can’t see it happening here. There’s going to be issues.

We know some of the assets on the market, I wonder how many are actually on the market once approached.

Because some companies don’t publicise they asset doesn’t mean they won’t sell it.

Looks like these guys will pick something really ripe.

https://apple.news/AJFexCu45R6y3b47VG1A7OQ

Thank you mms.

I know the game .... gotchaaaaa ;))

Going by the tweet from GRL.

Expect 9p to go this week.

If they can manage the EP then 12p will go.

Momentum is with gold.

Come on ..... let’s gooooo

The gold price is key.

By the time drilling results come in the higher the gold price will be.

Having $2500 gold price will make even a 600,000 ounce mine worth many multiples of our share price.

If we find a 1m oz mine ( nailed on min) then we Will be very Rich here.

Buritica mine that sold for can1.4billion (£840m) had 3.7m oz gold reserves with a total of 5.7m indicated so there’s a lot of catching up to do.

Even if we get 1/3 .....I repeat one / 3rd or 30% of buritica that makes it 1.2m oz roughly and grades there were between 4-6g per tonne of gold ... We get 30%vakuation of £840m that’s rough £280m And even if we get 25% of 280m is £70m and this is the gutter / worst that could happen leaving us with a sp around 45p.

Easy money here.

Degsy.

You sound much better.

Plz keep up this tone with valid comments rather than 409% tomorrow bs.