Member Info for nomlungu

The Pentagon Is Freaking Out About a Potential War With China

https://www.politico.com/news/magazine/2023/06/09/america-weapons-china-00100373

Not a reassuring read.

One day he will voice his words in public...

More Q-Anon nonsense; why not immigrate to MAGALand and donate to Trump's election fraud fund?

No - a Primary Bid email came this afternoon saying that they may do an offering through that platform (where I have an account, just in case something gets offered at a ridiculous discount).

Not so sure about buying into an IPO if the proceeds are being used to retire debt if the debt has become unaffordable with rising interest rates.

This is more relevant to another prospect I have an interest in as they are much further towards spades in the ground, but equally could apply to EST's Novo 1 and Novo 2 licences in the Rudny Altai Belt:

CHARTS: Copper mining profits top $100 billion a year, but where are the new mines?

https://www.mining.com/charts-copper-mining-profits-top-100-billion-a-year-but-where-are-the-new-mines/

Just shows how much room there is for new mines with low Capex... A poly metallic VMS deposit with well-defined precious metal seams / lenses has to be appealing, as the payback time can be less than 2 years when the precious metal rich ore can be targetted first.

CHARTS: Copper mining profits top $100 billion a year, but where are the new mines?

https://www.mining.com/charts-copper-mining-profits-top-100-billion-a-year-but-where-are-the-new-mines/

Just shows how much room there is for new mines with low Capex... A poly metallic VMS deposit with well-defined precious metal seams / lenses has to be appealing, as the payback time can be less than 2 years when the precious metal rich ore can be targetted first.

Primary Bid email about the IPO of WE Soda and likely public offering on their platform:

https://www.wesoda.co.uk/

Looks quite interesting at first glance; so many end up under the IPO price that it will be one to keep an eye on. Will it be a debt laden IPO? Will new buyers in the IPO mop up all the shares insiders want to sell? Will there be lock in periods?

George Winston, pianist of pastoral scenes, has died at 73

https://www.npr.org/2023/06/07/1180774279/george-winston-new-age-pianist-obituary

A YouTube recording of one of his albums called December [6 million listens!]:

https://www.youtube.com/watch?v=f5qGUhWPi6w

'Wildfires smoke: New York’s LaGuardia delays flights as Canada forest fires continue to burn – live'

https://www.theguardian.com/world/live/2023/jun/08/wildfires-latest-smoke-air-quality-canada-new-york-flight-delays-laguardia

The smoke is getting worse

Interesting drill technique... faster and speed is everything when you are renting a rig

https://newatlas.com/energy/ga-drilling-deep-geothermal/

Interesting drill technique... faster and speed is everything when you are renting a rig

https://newatlas.com/energy/ga-drilling-deep-geothermal/

Mark Meadows to plead guilty in deal to testify against Trump: report

https://www.rawstory.com/mark-meadows-to-plead-guilty/

https://www.mediaite.com/news/trump-denies-reports-hes-been-told-hes-getting-indicted-as-his-own-truth-social-alerts-users-its-imminent/

https://thehill.com/homenews/campaign/4037646-political-world-braces-for-possible-federal-indictment-of-trump/

#large_popcorn🍿🍿🍿

"The other 20 million can be used for institutional investors"

PM2022 - that is not correct. Did you not read the AGM Resolutions? Resolution 9 is as below; there is no mention of the word 'institutional' on the notice at all.

'Resolution 9 – allotment of share capital (non-cash consideration)

The directors are seeking authority to allot ordinary shares in the capital of the Company up to a

maximum nominal amount of £20,000 (being approximately 20 per cent of the Company's issued

ordinary share capital) during the period up to the conclusion of the next AGM in 2024 or, if earlier, the

date 15 months after the date of the passing on the resolution. This authority cannot be used to issue

shares for cash, as no corresponding dis-application of statutory pre-emption rights is being sought for

it.

Normally political comedy but theft from the public purse is not funny.

https://www.youtube.com/watch?v=PRRD2zJu6KE

Worth a watch if you do not know the details of the property shenanigans or the crustacean die-offs caused by the associated dredging.

URAH - looks interesting, but:

ZA is a basket case so there are a shed load of problems [electricity, water, crime etc]. And, where are the Black Shareholders?

https://en.wikipedia.org/wiki/Black_Economic_Empowerment

If they find a profitable / cash generative seam there is always the possibility that a politically connected person insists they come on board and get given a large chunk of the company for free; and then the staff need shares as well; and if there is a change of GOV then a new set of connected people expect to feed on the assets.

But, fortune favours the brave [or at least that is how the saying goes].

Resolutions 9, 10 and 11 total a request for 50 million shares. 20 potentially for cash, 20 to potentially to fund an acquisition and acquisition and 10 to remunerate staff and consultants.

Air pollution is New York is terrible

https://www.earthcam.com/usa/newjersey/weehawken/?cam=lincolnharbor

https://www.nytimes.com/live/2023/06/07/us/canada-wildfires-air-quality-smoke

As bad or worse than Delhi or Beijing on a bad day.

THOR to the rescue? "THOR Microwave Anti-Drone System Downs Swarms In Test"

https://www.thedrive.com/the-war-zone/thor-microwave-anti-drone-system-downs-swarms-in-test

THOR = Tactical High-power Operational Responder

PM2022 posts: "They requested 20 million shares." That is factually incorrect; they have asked for authority to issue:

Resolution 9 - 20 million shares (non-cash consideration). These shares could be issued for an acquisition as part of the Build and Buy strategy

Resolution 10 - 20 million shares which should be read in conjunction with Resolution 12 – disapplication of statutory pre-emption rights (allowing issue of shares for cash)

Resolution 11 – allotment of share capital (share options)... to grant options to to consultants and employees of the Company .

Potentially 50% dilution.

You do not engage with facts... Q-Anon has infected your brain.