Member Info for NoOneKnows

If there was any hope of this ever becoming a £500m company there would be buyers circling at this market cap. Unfortunately it is looking more and more likely the capex versus revenue just isn't viable.

There has been an outage.

It is a good thing especialy if they raise the rest of the money, it takes some of the risk out of 88's hands.

December should be an interesting month... Slawson news....Repay the£8m loan(+interest)...The shares locked in until Dec23rd for the Paradox aquisition....news on 36-2(remember Zephyr have to pay upfront for drill and then get reimbursed from insurance company).....news on 16-2....news on gas plant. I'm half expecting Zephyr to use this winter to accumulate more cash and then kick on next spring but we'll see. My confidence is wavering.

Https://www.clogau.co.uk/pages/history-of-welsh-gold

In 2017, 10 lots of Clogau gold, mined under government lease between 1979 and 1981, were auctioned with an estimate of about £9,000.

But after going under the hammer in Colwyn Bay, the lots went for £44,000. The auctioneer had been told by experts that Welsh gold was "visibly discernible" from other types and the "Clogau factor" could increase the selling price.

The smallest nugget weighing 3g (0.1oz) had a guide price of £600-£700 but sold for £4,000. The 16.26g (0.5oz) of gold flakes and dust was expected to fetch between £1,600 and £2,000 but went for £10,500.

Normal rules may not apply to the value of welsh gold.

If only we could get it out of the ground at no cost.

Is that figure adjusted after the cost of mining it has been taken off ?

It has been a disappointing year and I doubt the Slawson wells will be so astonishing the SP will bounce much, what we need is Paradox to start producing and it looks likely that won't happen until spring/summer next year at the earliest.

Just a change in the % of voting rights do to the last GROC raise.

I think and hope Alba will be making steady progress through Q1 next year and .125 could easily be achieved.

Meanwhile the shop window (not working efficiently)plant in Italy ?

Not Thor energy link ...Thor exploration link

Mean while in Italy ?

Pleasantly bright but breezy about an hour north of N Wales.

They were talking of a RTO which would save the company doing the takeover a great deal of money rather than doing an IPO, it can also be done in a much shorter time frame. So we just have to wait and see what happens.

I have forgotten how many agreements Eqtec have signed into that have produced absolutely no income.

They just need to get some production going in the Paradox.. would be good if they can progress 16-2 asap.

We still don't know if they can improve the Italian plant enough the satisfy the bank. If the Logik disagreement ends up in court it could take any amount of time and won't be paid anytime soon.

The board have never delivered on a single project... they have never told us what the problem with the Italian plant actually is which makes me think it is a major issue. The board spout complete bull about the pipeline/prospects and it has been a complete sh*t show.

The drone is a sideshow to the main event the important thing is the dewatering permit.