Member Info for ranger104uk

Coops

But if you look at the Bond Holders vote, that was painful to watch it play out. And again it was the BoDs that were pushing for it with the backing of a few bondholders. Remember they had been in advanced talks about it before the 1st of 3 or 4 votes. The save in grace was they could lower the quorum. There is now mention of this so it maybe written that they can't. it will be in the docs.

But as you say there can be lots more money made but not for the PI's this is how AIM works moving money and debt what the business by ways of the company does is a sideline. In this case an idea of mining for gold before for being an oil explorer and latterly a producer but both losing vast amount of money on paper anyways but plenty on the BoD and the admin side are quids in. Just look at the end of years figures.

A take it or we're down the Swanny when as they say their sitting on an eye watering amount.

Or somebody has already whispered in their ear and they'll get it on the cheap. There's a good Lad

Coops

The biggest and most powerful at this moment are the 80% that didn't vote. Rightly this was pointed out by the BoDs that they don't count as a negative or no vote. But within the very large amount are some very sizeable holders.

The tool of saying that if the vote fails they will not be able to mine might well be true, but there most be other (probably less favorable) options. After all these other large holders have deep pockets.

Schools out early by the looks

So are they using the idea of keeping the gold in the ground by not mining is like earning interest because the price of gold is rising? Bit like a high interest bank account?

I think some of the bond holders think they are at it.

MrH

44GBP of revenue for last year including moneys from the 5% of working stake in oil with Interoil. If they NOTHING by ways of other revenue The 44K is worth 16 OZ of Gold at todays money. The gold price since then has gone up by over 25%.

So as you say some go on about the gold not being there isn't true but we are keeping to the facts. Gold has gone up by by 25% since the mine closure FACT.

NTVO has produced Zero since then FACT.

What I'm saying is NO proof of what is claimed to be there as in volumes is evident, No where close has been mined or produced.

MrH the only way they can prove the gold is there is by ways of receipts from the gold processing company not just on say so.

Sorry guys I think sub 0.3p is on the cards today. Dicky Teddy has lost most of his gains that's before dilution.

Fergalscat

Your online to be £6k lighter by close of play. Or lunch

Ore shoots from £44ks worth of gold? Why waste the time and money.

Was that 2% when there were 50m in issue or the current (soon to be massively increased) 362m?

Furball

Was that aimed at me or your ongoing spat with golf?

So basically £970,000 for paying off chums and admin coast with a wee bit left for more tailings to sit and look at. Or another non producing ass3t that will require more survey work and planning.

Not for me chaps, I'll stick with the lifestyle theory.

Start processing gold that you say there is so much of under your feet or in tailings you have sitting. Use the profit to grow.

But the loaded gun is already on the temple with they need this to restart the mine.

It's been a fun few weeks but it's back to being a money pit for shovelling it in not digging it out.

I would say it all depends if the timeline has indeed started. There has been no confirmation that anything has started.

It would only work if they pick up some Martians on the way past. 3i / Atlas being Interstellar as in not from our solar system.

One for Fergalscat also from KD:

"The man who invented cats' eyes got the idea when he saw the eyes of a cat in his headlights. If the cat had been going the other way, he would have invented the pencil sharpener."

The world Elites know 3i / Atlas is not what they say. Grab what they can as the current world order will not stop you.

Looks like an odd statement but it looks like some knew it was coming before it hit the Web.

Crazy times but as most say times of war Gold is a safe bet.

So why the Flying Fox Hat are they not digging? (if what they say is true)

Stop knocking these day traders, are in it for the same reason as you. They care not a jot as long as there's Volatility and uncertainty.

Plenty here.

Morning All

Cracking early autumn morning here so another day of getting ready for winter for me.

All this chat of Gold made me laugh yesterday when I held my 1st bar of gold since my days in Saudi. I have to say there is something magical about it. You can see and feel why so many get attracted too it. I did try and visualise what £44k of it looked like (12 - 14 x more as it was an Oz bar).

So what's next up for NTVO? They need to get this vote passed. These new investors will they manage to add weight or dig into their pockets with a loan to get the picks going again?

As I said it's an interesting watch.

Have a good day Peeps. You too Bagpuss

Only 1 buy after 1:27pm over a Pound keeping the price up?

Yes buys had it today 2:1

One line of thinking I have is the BoD's themselves are being played here. These Bond Holders that seemed to be against the restructuring on the lone agreement, which was forced through after a public showdown. May have a way to show their displeasure, they play by their own rules and will get their pound of flesh but also in a public manor.

Bit of a Netflix drama being played out here.

Just remember the world revolves around debt. It is the largest commodity as it's tradable.

Fergalscat, Yes I've had a good day thanks.

This bunch are down almost 74% in the last 6 months which has seen the number of shares going from 50M to 361m is LSE has the most up to date figure?