Member Info for Noobz

Just a look over the board here seems like a lot of shorts will be opening

Why bother with community offer I can buy on the 7th for possibly a lot less! They should let it be traded now imo

Only institutions or community offer can buy in due to conditional period

All we can do Yanis look who’s the panicked one today throwing my toys out when I don’t get what I want! XD

We are in debt we’re spending without earning I don’t know what your getting at?

Well we are spending but not earning except HH which well... we also don’t have funding like jv or anything except investors money however we will have to see the yearly report to understand the financial situation I believe we have enough to last atleast this year or two can’t remember where I saw that. We need to ensure we have enough money to continue exploration and have can ramp up Greenland exploration without needing bigger placings for cash hopefully we can get some JVs in Greenland to help us out! We just have to make sure we don’t run out of money and the warrants are placed as part of that funding model based on future sp price

General consensus is .60-.70 region but fair value and sp don’t always correlate due to the speculation and sentimental factors. I think breaks are on for the news dump they could drop it late tommorrow ready for isa money on Tuesday but who knows. Personally I expect to see us at .50 on news with a drop to around 42-.46 before the push to .56-62 happy to be wrong

I don’t think the risk is any greater tho just pointing out both sides of the coin I think we are much further developed what 4/5 holes since jan? The only difference is we don’t yet have the news that we was happy to hear yesterday but now scared? My only grievance is of annoyance rather than the results being lack lustre or none existent

But we need the warrants to fund us we currently debt laden and spending we need the money for further exploration the lack of importance for the bod to take us to .42. Warrants for now are good for us imo! Yes we get a minuet dilution but cash is key in this game!

Lack of warrant money and the Jon delay also this delay however with all the extra phase 1 drills from 3-10 some could say were in a better state!

Mmm still in the game tho ;p

For now everyone is sitting waiting but how long people will wait will see the sentiment drop you saw the change today even

It’s all well and good having confidence and I do myself but we need the average investor to have some also not just the lth else we will never move. What is annoying is know GF reads the forums and tweets and saw our reaction too jan rns then leaves us hanging nothing is offered not a video or anything it’s less concern it’s more annoyance

Oh cj I’m not doubting the increase in the estimate here through new veins hole 10 proved open at depth and has double the estimated lode size. However I’m agreeing with Yanis that it’s all well and good but we need to see it to keep the sentiment up otherwise it’s just all talk nothing to keep the average investor interested.

Ps I have increased heavily since jan from 300-900k targeting 1m but I’m sidelining for now to see what is coming whilst I await funds. I’m more annoyed and disappointed in Bod than worried about the future

I just feel they pump out tweets about the market and do news and videos and podcast etc. Which has been great but nothing fundamental that we have needed has come out. The extension of phase 1 tho was great to see positivity and to see them hiring someone else tells me they have something to show along with the talk around Greenland from q&a which was nice to hear as we don’t see much regarding it

Agreed one big report is great but we need regularity to sustain a price band 1 announcement a month in content with which they have so far.

We must understand the objective is to identify quartz vein structure more so than gold currently

3rd Apr 2020 10:05 am RNS Publication of Annual Report and Notice of AGM
31st Mar 2020 11:19 am RNS Final Results

Atleast they are saying they will be late...surprised anyone is buying ukog but we need them to produce something we have vested intrest that needs to see the promised returns so have to remain civil...

Tommorrow is Thursday? Market is closed Friday and monday

They aren’t putting hole 10 through they said they would process these holes L001-10 and release as a one after completion which was the other week I assume this to be a separate results announcement in may possibly April time these should be the samples from previous 2020 periods and bulk samples of 36t