Member Info for pawnsacrifice

Sorry if its a silly question but with no's like those why aren't these valued like PANR in the lead up to their Alaskan drill?

re the amount of ore they can sell a specific weight isn't given its a specific profit thats important.
They're allowed $10m in profit straight away.

DEV is permitted to export sufficient iron ore to realise a US$10 million profit from the Amapa stockpiles at the port (after the deductions of all logistical, regulatory, shipping and sale costs).

12th not 15th lol that would be quicker than zoom.

He is working hard if he's in Tunis already imo. He only tweeted on the 15th he was back in the Congo.
Good on him hope he gets sign off soon.

That confusion came from their original RNS imo Enrico.

"The number of shares on issue immediately after Admission will be 441 million giving the Company a market capitalisation of approximately £33.7 million at the issue price of 1.475 pence per share."

No it doesn't. 441m shares @1.475p gives a marketcap of £6.5m
The trues amount in issue -2.2bn- gives the cap of £33.7m @1.475p. Too easy to misread that one imho.

Found their shares in issue and marketcap no's a bit confusing on first read. Take it I have it right now with 2.2b shares not the 441m I first took it as?
Speed reading in the morning can have its downside. lol

The number of shares on issue immediately after Admission will be 441 million giving the Company a market capitalisation of approximately £33.7 million at the issue price of 1.475 pence per share.

For the purposes of the Disclosure Guidance and Transparency Rules, the total number of shares with voting rights in the Company with effect from 8th February 2020 will be 2,229 million, as detailed in recent ASX announcements. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

pello have 18m warrants at 2p exercisable anytime. Aren't these likely to be flipped on any rise?

not calling this a spike by the way .

Agree its important to let others know the facts. Don't want anyone sat there after wondering why they've been spiked. That just drives the sp down further as they sell.

Trades aren't very large. Most likely its traders disappointed and confused they didn't get a sustained rise on rns day, probs thinking i"f I can't get my ten percent here I'm off"

Can't see evidence management is a shambles. Looks to have had a difficult time with a small portion of its business and been hammered for it?

Neighbouring countries have heard how zenith have been attacked and have still come through and their ministries have emailed to congratulated them and invite them to discuss projects too.
Take that winni!

Thanks stefania, appreciated.
Only 13 and a bit minutes through but he's saying the main reason Tilapia has taken so long is interference and attempted sabotage of their bid by competitors. He spoke of a
libellous letter to the congo, blackmail and allsorts all because many have realised its just a couple of hundred metres left to drill to get to the 3-5k bopd.
Barstewards.

If its shorters should we report them to Reddit?

Well they do appear rather cheap and it was a decent update imho..

Pullback from the high may have been to let them in.

Thanks itsyou. Think this a very exciting play going forward on the batteries alone.

Didn't mask sales start Jan this year? Took it that's what they plan to give "further guidance" on with the no's next month.

See Eco Atlantic have announced plans to get into solar panels today to mark their green credentials.
Just says to me how well these did to get ahead of the game with their CO2 EOR project and the definitive "no fracked" gas project in ireland.
Well ahead of the green agenda this one.

Thanks trek and WOW what a market for them..

Assuming a similar hydrocarbon recovery rate as with OMV of c25% (as calculated using information from the 11 January announcement), and a discounted oil price of $38/bbl (30% discount as per a low-quality crude to be conservative), the potential annual value of oil that could be recovered globally by the unique Grafysorber technology from treating emulsions is estimated to be between $18bn and $120bn per annum.