Member Info for redmountain

Would Joint Venture not be the best option? Something similar to EUA.

Out of touch general managers, the company has too many general managers hanging around for over 20 years not knowing whats happening on the shop floor.

Can we do one last placement and go into Production ourselves?

TEO is done last stage is funding? Welcome any thoughts on this.

Thanks

Does anyone have rough estimate what this equates to money value per year?

· Mine ore production and the nominal mill throughput at six million tonnes per annum indicates a potential mine life in the order of 25 years. Oreall has determined that the reserve base is substantial and suitable to potentially sustain an 11.2 million tonne per year throughout.

@Nkh just try and relax. Investing in shares could be stressful. Please check UKOG website there is some updates on Turkish development. If the drill goes well and the oil is commercially viable we will all be very rich. The oil discovery was confirmed a long time ago, so the oil is there.

Plus if it is commercial they don’t have to apply for a production license, within 12 months our revenues coming in will be massive. Costs in Turkey are much cheaper and the Turkish government don’t want to relay on oil coming in from the Arab states which is around 90% input.

There is a big push by the Turkish government to make this happen.

Too many sheep’s everywhere

It couldn’t fall anymore it was already dead until this Turkish Basur permit come in. Could rocket now if the Turks crack on with it.

Yes true lol

Turkey could be a game changer. With Turkish government support and easier access to the oil field this could rocket.

Yes good luck everyone! Drilling season in Turkey is easier to manage too.

This will get Turkey government support as they are doing big push to develop the economy. Previous poster was correct USA interests not accepted in Turkey as USA funded the coup attempt on the country few years back.

Basur region in Turkey. A lot of oil there.

We need a Twitter Tread lol and Reddit

We need our own rocket here not 88 energy lol

Turkey Basur region, high in minerals. A lot of oil and gold there.

Shorters/Hedgefund had a convenient RNS through the chaos

Will have to exchange to dollars and then buy.

Yes I think so too. There has been a bit of coverage on RT news.

There is a high chance they already have the results. But unlikely update the market until Monday night. As RNS has to be put through the system.