Member Info for pawnsacrifice

There is no "those of us" there's just you making the same post over and over and playing the victim card once someone complains.
Will filter now.

This sites stupid. Cackles then no "o"'s allowed.

Surging electric vehicle sales have sent prices for a key mineral skyrocketing to record levels amid global “panic buying”.

Nothing like a bit of panic buying to warm the ****les of a lithium investors heart.
Thanks jimb, cheered us up no end.

Revenue/share works out very well for this raise. Using EV's net revenue after shipping of US$266 million per annum I have..
Pre raise owning 20% of Amapa..
20% of $266m ($53.2m) /148,049,098 shares = $0.359/share
Yet after the placing when they have 27% of Amapa
27% of $266m ($71.82m) /176,081,537 shares=$0.407/share

So pi's are gaining nigh on 5c/share in revenue from this project or just under 14% that,s directly attributable to this placing.
Quite a sweet deal really for pi's that are holding for production.

Didn't say I thought they were lying just that it sounded negative to me. They haven't flowed so don't know its permeability no matter how much they estimate they may have found.
Would say Namibia needs the game to roll on for a while. They're the big play if shells results are seen as good and all other licences there get potentially dearer so makes sense they'd want to play things out as long as possible.

"Whilst we can learn a great deal from the results of Graff-1, we anticipate that further exploration activity, including a second exploration well, will be required to determine the size and recoverable potential of the identified hydrocarbons”

Reads a bit negative to me? if this was an aim oiler reporting that they'd learnt "a great deal" but had to drill elsewhere to look for recovery rates I'd think oh duster and they're letting us down lightly.
Hope its not the case here and I'm just being ultra cautious.

Excess shares get allocated on the 21st. Take it that's those not bought up by those entitled.

apologies EV missed your post.

Should do if you bought before the "Record Date and time for entitlements under the Open Offer" which is stated as 6.00 p.m. on 2 February.

7.5m shares for pi's seems generous enough given it was only a smallish placing anyway. Bought in on the placing myself so not eligible but hope lth's are happy enough?

Thanks olderandwiser was beginning to doubt the rise after reading a few of the posts here. lol
Bit of a perfect storm for kdnc, reckon when sentiment turns here it could be pretty quick. FOMO can be a cruel mistress.

I.G. are showing a strong sustained bounce on iron ore the last couple of months, bounced nicely off support and the daily looks strong too (even spiking today). Anyone getting different from other sources?

Thanks mullins that's a heck of a drop in shipping rates. Noted.

Took a small amount at 21p. Don't mind a bit of patience from this level.

nookie believe peeps sell under 25p due to the churn from the placing keeping the shares lowly priced for some time whilst other stocks are moving.
Opportunity cost think they call it.

They also maintained the dividend half 1. That cost them US$3.5 million.

Wouldn't it more likely be the effect of covid too. Half 1 results they rns'd they'd closed down for a month then had expenses of restarting ops. They vaxxed all their crew (800+), bought a shedload of ventilators for the locals along with 20k doses of vax they handed out and all sorts of other initiative too. None of which sounded cheap.
Yet to find out what they donated half 2 yet as well.
Not nailed on that's where all the cash went (til the finals anyway) but reading between the lines easy to see where a large proportion went.
Guess the real way to tell would be to email them Do they reply to pi's?

Where is the idea that their net cash position is a net debt position coming from?
Stated twice quite clearly they've gone from net debt of $11.7m Q3 to net cash of $20.9 million Q4.
Just a little confused by your interpretation TT?

Doesn't TRP have the most to play for in Namibia? GBP is just the sideshow.

and do you really believe that saddam or gadhaffi were "threats to the west" good grief. Throw the tv away will you.