Member Info for NoOneKnows

It would be hard to argue anything you said was wrong Visitinghost despite the abuse you received at the time.

Good to get the update with good news that once the dewatering permit comes through we can crack on through to next September at least.

Soil samples out for Gold Ridge at first glance there are some decent results in there.

I was quite impressed I almost spelled Kyrgyzstan correctly.

Simply wall street had fair value at .11 no idea how accurate that would be....still several things we haven't heard about...court costs for the litigation earlier this year also the imc kyrgzstan case.

He did mention returning money to shareholders as one of the possibilities along with more drilling and investing in more non-ops... my guess is drilling and non-ops would take priority...building for the future.

I hope I am correct from what I heard yesterday that once they have data on the Slawson wells and if necessary they will be able to borrow against future production. It may not be necessary depending on timing.

I think in 2 years time this sp will look like a gift... thats just my opinion and its why I'm invested. I can see what they are trying to achieve and have confidence that my investment will be rewarded.

Highlights

· Pre-Tax Net Present Value at 8% discount rate (NPV8) of US$235M with Internal Rate of Return (IRR) of 31.1%.

· After-tax NPV8 of US$179M with IRR of 26.7%.

· Life of mine (LOM) is 22 years with potential to extend through resource expansion.

· 4-year payback period on capital from start of production.

· Average Net Revenue of US$89.8M per year throughout the 22-year LOM.

· Total gross revenue of US$2.1Bn over a 22-year LOM, with total undiscounted net pre-tax cash flow totalling US$794.7?M.

· Initial capital cost (Capex) of US$131M inclusive of 25% contingency.

· Average operating cost (Opex) of US$121 per tonne of milled ore.

· Average annual production of 77,000t of concentrate at a minimum 94% grade.

· Mine plan assumes mining from the Lower Graphite Layer (LGL) only, leaving considerable resources from the Upper Graphite Layer (UGL) available for future production expansion or extension to the LOM.

All looks very positive!!

That would be nice but deals take time so maybe a bit soon.

Just short of 3 months ago... hopefully news soon.

Maybe NRW are just extra busy due to the unusually wet year or maybe just slow or a bit of both.

It all looks good for GROC going forward with demand and price set to increase with Chinas export decision, I think GROC is still flying under the radar a bit but that will change.

GROC should have the PEA in the next 7 days hopefully.

This should benefit GROC with demand and graphite price.

They aren't trading at the bid and offer price and as for dealing fees being covered it would depend how many shares you bought and the rise needed to cover costs.. nowhere near a 30% rise in my case to make a profit....not that I'm thinking of selling anytime soon.

Good to see some interest today.

Many companies left these oil fields because the production was too small to warrant more investment with the low oil/gas prices at the time. Times have changed and given the higher prices could be worth investigating but hopefully after 28-11 16-2 and 36-2 have been sorted out.

I feel more positive than ever with all that oil/gas(28-11/16-2/36-2) on Zephyrs territory plus money from Williston... Slawson wells online soon and an interest in 10 new Continental wells in the future. The future looks bright especially with oil prices unlikely to drop anytime soon.

I agree, no one wants a delay but good the decision has been made to re-drill and plenty of positive news in the rns and the interview.