Member Info for PlunderEurasia

Or its just another random day where someone sold 10k GBP worth.

I have seen trading bots do these kinds of moves in crypto markets, I think its designed to trick other bots into buying as well.

Just shut up and pump it XD

This company ain't been the same since Troy got sacked, they cant even find a replacement, just bite the bullet and ask him to pick up where he left off XD

They can't raise at this price, so it should go lower XD

@Gabbleratchet, I spent a good hour reading about Capricorn Saphire and I was totally unaware they had that experience but you can't expect anything less from a loss making mine, they initially only had 11% profit margins before swinging down into 30-50% loss. I also wonder if Fura gems is running the mine at a profit with today's Saphire prices!

At Gravelotte we expect much bigger margins as well, as emeralds are more valuable than Saphires, with a similar cost to mine, so it can be a very different story here. There is a premium expected for Cobra emeralds, as well.

All this effort and money to mine something totally worthless, while being diluted over 90%, people will never make their money back here unless they start developing other mines, for commodities like gold.

They could even have just bought some producing gold mines with all these fund raises or even just stock piled physical gold.

The auctions likely to be in February based on the 2024 and 2023 calendar and they already sent most of the stones over to Thailand, so they wouldn't need m uch at this stage, if they actually need anything at all.

The production volumes are also reasonable already, with between 70-80k carats produced every month, plus lowered production costs, the only question that remains is price per carat!

Crabbo did you also factor in inflation or is that a part of the historical growth rate, as $3 in 1983 is $9.50 today.

Latino you answered your own question, he is taking it into administration so he can take it private because that is his personal interest.

I'm only invested in two miners and the pair of them randomly discovered Lithium, while trying to develop precious metal and stones mines, neither of them take Lithium as a priority however, so it goes to show just how easy it is to find now and that's why the price is so low. I don't think Lithium should be a priority of Prem either, if there really is a 200 million sell clause for Zulu, sell up and look for some gold assets, you might even end up with Lithium again as a bonus.

It's for a miner called Tutti Frutti but GEMR is coming.

might be a raise in 2025 if the sales delayed beyond q1 but the current cash burn and funds don't mathematically necessitate it. there is also the delgatto diamond fund option which would preferably be explored prior to another placing. also not a great idea to **** off shareholders with dilutive raises when its not necessary, otherwise i will start emailing and phoning larger shareholders to get bernard the sack, i know one guy who actually owns 20% of this company and i own 1.1%, so we almost have a quarter between us before we even get others involved.

I felt fomo at 40p and im feeling fomo at 2p but i'm happy I didn't pick up a 20x debagger

Yep there are many retail investors around, even after this 5 month long tree shake into oblivion and misery.

Yeah I knew about the Belmont tender before it was announced, there is a chance they squeeze a GEMR auction before 2025 but no later than Q1 based on previous history.

It's the end of an era, this board will soon be abandoned and the name URAH a distant memory.

Cobra/Gravelotte emerald mine, 29-344 million carats, 30 carats a ton, 50 dollars a ton AISC, uknown price per carat $5-1000 a carat, first sales expected soon, 700k in the bank and 85,000 a month production costs, lot of run way up to first sales. Now new site and appropriate rebrand, with a tier 1 name (Gem Resources PLC). All time low entry point, with mine built, cash in bank, emerald stock pile and first sales imminent. Good luck all!

Bladey its quite common to find people de-ramping a stock they just sold to help reinforce their decision.

Now we should attempt to spike it suddenly so that he is scared into buying higher before crashing it lower again.

B-O-N-A-S not B-O-N-A-M group have emerald auctions before 2025 which are not announced yet, according to Tim from Bonas group. They rightly cant announce information without an RNS, so he was hinting it could happen by letting us know that Belmont the unlisted company does have an "unannounced" auction in November. In any case just looking at the general frequency of these Bonas Special emerald auctions, its historically between 2-4 months apart, so November/December is actually very possible. Therefore, from calculating the cash reseverve and cash burn, you can with reasonable certainty conclude a placing is not necessary before 2025 and there is a chance first sale can happen before year end and no later than Q1 2025.