Member Info for oilmagnet477

Simple here, you either believe in the new story (ie short route to cash generation) or you base your opinion on previous experience. As yet, neither choice is right or wrong! I have this firmly in my sights - will be seeing GK on the 9th along with KRS. I've been with KRS for over 3 years and we've had our fair share of troll/negative/terminal posters - ALL of whom have disappeared without trace now that things have turned around. I think the prospects here are massive - if they can start generating cash by Q3 then it's a no brainer - anyone who claims otherwise is not doing their own due diligence - they just like the sound of their own voice. BW all

From earlier in March http://www.lsesharetalk.com/mining/noricum-gold/1/ https://youtu.be/KNt16Ck7GRw Fully understand the frustration of LTH here, a position very much shared by holders of similar stocks (in my case KRS). However, if you want evidence of how a strategic review and change of focus can transform a company in double quick time, take a look at what is occurring on KRS. Please don't take this as a ramp for KRS, if you want to join that party then great. All I'm trying to say is, it can happen. Maybe quiz Greg about the use of social media (twitter particularly) - the steady news flow of things that wouldn't justify an RNS have really helped to raise the profile for Dave Reeves. Both companies are attending the do in Walsall - it will be interesting to see how the 2 compare. NMG aren't that much further behind. According to the interview, Georgian start up mines to generate cash flow look similarly easy to bring into production as those in Australia for KRS. GLA

Get with the programme - we're all over on KRS! I thought I'd posted the last FRX post on Sunday! I'm somewhat busy at the moment but would potentially be interested in producing an article. AB, I'll be in touch in the New Year

Watson, that's a cracking interview. Quite elementary in some ways - I really don't think the market gets this one as yet. If the EBDIT is equal to our current MC in 12 months time, rewarding shareholders with new ventures or dividends then it's looking great from 0.45p IMHO. Been here over 3 years now and I really. Feel we have turned a corner. I didn't know that DR used to be 2IC with the new Peter. That has to say something about how much the new BoD members trust DR to deliver. It's beginning to look a lot like Christmas............

Andee - for goodness sake, I've warned you before. If you keep on with these awful jokes I'm gonna have to kick keras

Long live Keras Could say that being in FRX has been a blast but in reality it has failed to deliver and been a tough ride in spite of all the promises. Hoping that KERAS launches from here and takes us to unimagined highs with a golden future. GLA

If the nominal value of the shares is 0.5p, FRX could still do a placing at 0.5p or above, irrespective of the prevailing SP. Obviously this would require an investor to take shares at 'above current trading' but if they were tempted by potential that is not impossible and indeed has been done by other AIM firms on occasion - IOG being a recent example.

NT. Surely we must get a tick up soon.............

without going to NT RNS out today with results of meeting I think.......

and another 1m buy at 0.4p on close. tick tock tick tock

Notice the nice 1.5m buy at close yesterday. Someone got a steal

Hi all, been off line as having major telecoms problems. Good to see you Robsky, welcome. Regarding Togo - It would still seem that there is an expectation that the licence will arrive in 2015 - given that DR has just been to Togo, then presumably this has some meaning - either way, the cash from Q2 gold is going to finance Togo operations so perhaps less critical but would still be great to get it over the line and move on. GLA

Hi BJ, hope you enjoyed your 'break' lol

Jim, if we achieve your revenue projection for 5 years and also get Togo producing, I for one would expect an MC of well in advance of $20m, never mind any other 'biggies' out there. Add in any potential revenue from the sale of IO assets (which whilst not great, compared to the value they could have delivered, could still bring in some much needed bunce) and I don't have a problem imagining that reality. However, since when did MC on AIM bear any relation to reality - you've only got to look around where company valuations go through the roof simply because everyone jumps on the bandwagon, only to collapse again when everyone moves on to the 'next big thing' , irrespective of profitability or management etc. I do in general agree that we should not be seen to be 'ramping' even if the claims can be justified. GLA

"had the pleasure to have a few scoops with him after the show" Vanilla and Strawberry I presume :)

Thanks for the feedback. I really wanted to go along but prior family commitments got in the way. I really believe in this guy, I really believe he is 100% genuine and has now set us on a path to success. Now he is in control of things happening rather than waiting for others to decide our fate, I think the turn around will be quick in coming. Truly hope he rewards the long term faithful GLA

Sorry Jarv - not a clue - unless the 'deferred shares' relates to the ones which will be issued as the 2nd tranche of the mine payment? The meeting on the 10th Dec could well be preceded by news IMO Have a good weekend all

Watson, you might want to remind DR that he's the one who is supposed to be 'boring'!

Just a bit of fun but who's voting for our new ticker KRS and KER are both unused? Andee - DR tells me you get a Ferrex Di-stink-tion for services to Shareholders

The trouble whiff you is you don't know when to stop!