Member Info for myfirstmillion

I hold a similar amount and for one very good reason. Gilby's track record. I can see this company either becoming very profitable or being bought out at a very good price. I won't be selling till the price is much much higher...

It's definitely a very good sign.

TR1 issued after hours...

https://twitter.com/TlouEnergy/status/1123379709809762304?s=19

I think we'll get the gas flow reports very shortly probably in May but could come sooner, then the result of the RFP and if it's positive, financing plans shortly after. I'm more positive after the last few months of newsflow and all the little signs that indicate a positive outcome is likely. The chart looks very good and I expect new all time highs before year end.

Broker fair value 25p https://www.proactiveinvestors.co.uk/companies/amp/news/217613?__twitter_impression=true

It was LR himself that often said the market price is a true reflection of the company and its management and their achievements. He didn't believe in the concept that companies were 'undervalued' when it was put to him over several interviews. So to follow on logically from that he must now concede that the management have done an awful job to get the price to an all time low!

Rollover trade

Yes, unexpected and very welcome!

The only thing that got shot was LR's credibility!

That's one interpretation, another is that they presumed to raise off the back of the Scoping Study but didn't anticipate the reaction of being unable to release figures with it. Either is unforgivable. One way they're either pondlife the other they're completely incompetent! To my mind LR not taking part in this fund raising is the last straw, simply unfathomable unless he has zero confidence in the company. How did he think it would look? It doesn't take even a modicum of common sense! I remain invested albeit now heavily diluted and down 86% and to my shame down 75% in his other poorly managed company BZT! Where no doubt he 'manage' the same trick of massive dilution! Absolute shower of ****. They should be ashamed of themselves. I've pretty much written off both of these investments. I'll hold just for a miracle not because I believe he can work one but he just might get lucky with a commodities upturn and get an offer. That's the only chance I see of getting some of my hard earned back but God knows how long that might take!

I think it was in his latest interview that TG talked about funding and to my mind it seemed from the way he talked about it that if we get the RFP then the $15M was a formality from a private group. I will rewatch that interview tonight to make sure my first impression was correct.

They surely wouldn't put out a tweet about Rhodium if there wasn't a reason...

Haha apologies I looked yesterday on advfn and they round up so both were showing as 3.50

Can't see yesterday's trades being a rollover as both at exactly the same price. You always pay a premium to roll...

Great update today. Half a billion people...!

Thx Banks!

https://twitter.com/jangadamines/status/1107890741047685120?s=19

According to this converter it's 6824 cubic feet for 2 megawatt hours so I'd guess you just times that by 24 which comes to 163,776 cubic feet http://www.kylesconverter.com/energy,-work,-and-heat/cubic-feet-of-natural-gas-to-megawatt-hours

It seems plausible to imagine that the financial aspect should be a fair bit quicker than the technical aspect of this decision making process because there must be a hell of a lot that went into the whole technical side of this operation + infrastructure...