Member Info for NaPoM

These new posters appearing all of a sudden after a few were banned recently. Nothing new there.

Thats over a £1.2m pounds worth of trades just for today.

how can it be ramping when no fuker has gained anything for the last few months or years in fact???

Add up the profit for the 10th cargo lifting at $600k plus 11th and 12th at $660k each (based on $74), this gives MXO a potential yearly profit of $1.92m after debt is paid. Using a P/E 10 ratio should give an est. market cap of $19.2m or £15m after MXO's debt is paid. Then add in the sentiment value of having a cash rich Sheikh as the major shareholder. Im holding.

Ironic - that article was based on false and malicious claims

https://www.opensourceinvestigations.com/ghana/update-ameri-group-llc-rejects-false-and-malicious-claim-made-by-vg-of-norway/

Whats not new is you dont hold.

Nothing new. Just a cash rich Sheikh confirming ownership close to 30% holding.

Not long to wait now guys. Ignore the non holders.

The chinese not finished buying yet

No need to ramp PREM. Once the $6m funding is released, a drop in the ocean will move the sp north. Recent raise for working capital was done in Feb 19 and the one b4 that on Aug 18 so is good for another 6 months. CEO has 600m+ shares in PREM. https://youtu.be/Hx5O57BknMI Also a reminder that the RHA tungsten asset has a gravity processing plant ready to go into production as soon as the govt funding is received. Production targets of 5,000 tonnes of wolframite per month just from the underground alone.

https://oilprice.com/Latest-Energy-News/World-News/Exxon-May-Sell-3B-Worth-Of-Oil-Gas-Fields-In-Nigeria.html

Exxon is actively divesting its oil and gas assets in Nigeria. Could be an opportunity for MXO going forward.

Brent oil price at $73.76!!

I actually bought in a couple days ago. A bit touchy there only asked you a question. Thought the company had another project in Mexico.

Can i ask what other sources of revenue the company has outside of Nigeria if there is any?

May get an EGM notice soon to vote on the proposed resolutions. Things will need to happen quickly b4 the close period starts IMO.

*30 days not 60 days. Aim Rule 21 has changed. Closed period unlikely to start till the end of May if Annual report is released on last day of June like it was last year.

A close period is defined as the period of 60 days immediately prior to the release of the company’s annual accounts. The company has until the end of June (6 months after end of the financial year in Dec 2018) to release the accounts. The 60 days closed period is not due to start until the 30th of April. If there are anymore news, MXO will need to release them next week.

Just a reminder the RHA has a gravity processing tungsten plant ready to go into action once the $6m funding is released. Production target of circa 5,000 tonnes of wolframite concentrate per month from the underground only. Tungsten price is forecast to go up currently at $277/mtu. Potential revenue of $750k to $1.38m per month depending on ore grade.

https://www.youtube.com/watch?v=Hx5O57BknMI

When news lands, a single drop in the ocean will move this. The RHA tungsten mine will be revenue producing in a few months.