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Yeah.. but rules say they can't sit on material info that affects the sp.. So they can't sit on the 3D results especially after announcing that a CPR will be released in December. That's just a week away at the earliest or 4 weeks latest. As for the bureaucrats not signing a piece of paper or expecting a bung, the president can be informed of any corruption at which point the said bureaucrat get's kicked out forthwith..seeing as one of the signatures is the attorney generals, then I'm sure they will abide by the law. Knowing Tanzania it will all be signed off once the president asks what's going on. There's going to be a rush on to get it done before the end of the year..imo

Don't do that until I've topped up though.

Classic Tanzanian example of how slow they are at doing anything. They've taken so long to sigh a piece of paper they wonder why nothing gets developed in their country. Just want to see the 3D results, which of course ARA are in full control of and don't need to rely on the Tanz authorities to announce. I think if AEX should issue initial results of the 3D seismic followed up by the CPR for any new resource estimates. Anyone in touch with Charles Santos to get this expedited?

Hoping they are expecting activity and are keeping the info under one broker/nomad. Prevent any leaks. Although as Mr Bond say's they have changed nomad before, although this timing is a little curious while in the middle of a farmout.

Volume has been tiny with plenty of buys often showing as sells, so not really true as to the reason for the drop. It's just MM's manipulating the price, as they can when it's low volume.

Don't be daft. You'll probably find there will be director buys and Jason Brewer will increase his holdings at this ridiculous price.

Lol.. today's price is an easy 5 bagger or 10 bagger. Uranium on the up and already a JORC resource here of 4.7Mlb. Huge scope to expand that 5 X according to Van de Burgh. 20Mlb shallow uranium resource easy dig. Updates coming on operations as they are on site at Henkries. Fill your boots time at the price, imo.

Https://twitter.com/s_heathcote/status/1729074478070587865

There's no cash in the company to pay the old BoD..that's why there is no payment.

If the company doesn't get cash fast it's curtains. The problem still remains. Unless these new guys are going to stick their hands in their pocket and pull out £3-4m it's over. The company is still in the same position.

Why?

Guy's..it's unlikely there are oil companies beating down the door to partner Global's acreage. These new brooms don't appear to have much oil and gas experience. Where is the asset in a discovery?? They have prospective licences at best and no 3D data that is a selling point. I'm not sure what these new guys can achieve if at the end of the day the company needs financing pronto and a partner that is willing to spend $30-50m on a 3D survey before even getting to the cost of drilling a well which will take another $100m.

Then raise cash.

First thing I would do is a massive consolidation 1/10 or 1/20.

Are they going to fund the company themselves and work for no salary?

Jemgeee They are locked in for 6 moths so can't sell..

As per prospectus. p126

26 Lock-Up Agreements

Each of the following shareholders (collectively, the “Locked-In Shareholders”), who collectively are expected to own approximately 39.7% of Stranger’s share capital immediately after Admission, have agreed that it shall not, offer, sell, contract to sell, pledge or otherwise dispose of any Ordinary Shares which it holds directly or indirectly in the Company for a period of 6 months commencing on the date of Admission.

Gathoni Muchai Investments Limited 189,500,000 15.58%

O’Sullivan Advisory & Investments Ltd 74,500,000 6.12%

Mayflower Capital Investments Pty Limited 45,000,000 3.70%

James Longley (via Hargreaves Lansdown (Nominees) Limited) 46,867,797 3.85%

Oliver Edmund Chapman Longley 4,655,000 0.38%

Charles Ronald Spencer Tatnall 51,522,797 4.24%

Wavecrest Capital Pty Ltd 43,965,286 3.61%

Peter Dennis Hibberd 30,991,923 2.55%

CIH Mining Investments 10,845,457 0.89%

Dover Harcourt plc 42,616,950 3.50%

Black Friday Sale 50% off. Get them while you can.

It's playing dead.

1m buy on a Friday afternoon??

Who wakes up and says... I know...I'm going to spend £26k today on a bombed out oil stock that has no chance.

work on henkries proving up five times current uranium resource. production starts next year.

https://www.allpointswestpod.com/episodes/*****on-van-der-burgh-q-global-commodities

Crusty, maybe maybe not.