Member Info for Rob1967

Placing shares placed last friday 4th Oct 2024

Dr its just a conservative guess figure I say 1m as Seingred thinks alot less and Ageos thinks 2m so 1m is in middle if its 2m brill if 1m great if anything less then Seingred will be right its what you call averaging my bets thats all.

Same approach as with other sites we hoping some have 2 3 or 4 or 5 million per site but as I said its pie in sky til we drill drill drill and that will be many months or years away. im hoping we get a partner who will pay for drilling but they wont pay for Brads and cos wages unless they request as part of agreement cash payments of 2 or 3m a year and then theyll want mega piece of cake here,

Dr agree but until we do drilling its all guess work Im being on cautious side and would like to think near 10m to 30m but this maybe pie in sky so we can only say 1m for Apta Seingred thinks alot less we wont know until its been confirmed should put a value on the company. it could take years to prove up other sites and many many millions of drilling.

As I said newmont look at small projects and they still have 15% atm with dilution it could be much less over time.

All guess work from me.

Seingred Ill start taking some off table here once I think we are valued at a reasonable level.

We have eight sites and if they are valued at 500,000 per site that 4m but if 1m per site that 8m ounces. It will take some time to get to this value but brad indicated that this is elephant country and thought we could have 10m to 30m ounces in ground if we only have 1m then currently its valued at 5dollars ounce. When it should be valued at 25 to 50 dollars an announce in my book. All goldies massively undervalued and its only a matter of time before these are revalued at a fair price especially with gold rising like never before.

You have to ask the question why did Newmont and Agnico join us in first place, they would not look at anything below 5m to 10million ounces.

Seingred agree on AAZ they went to 200p before when copper and gold was low think this time they will do alot better, agree with Hum they keep disappointing.

With regards to trading like betting on a horse. Im not interested in taking a quick buck but honestly this has been the best tactic on these risky shares. I got a friend whose will chuck 100k to 500k on a share in a few days it rises quickly then hes out. He bought UK oil and gas first morning think he bought 30k it was up down then up. Following day he bought 100k then every day he was chucking in 25k to 50k it went from 1p to 10p I told him get out its as risky as they come it started going down and he started selling. I had another mate who bought kingston comms went from £2,00 to £18 told him selll no he said its says in paper it will do £20 I said nay its massively over hyped. It went down to 10p.

Im definitely not perfect by far and have a boat load here from dizzy highs to 4p I currently giving a few houses to my daughter and its costing me a small fortune in tax so no spare cash or Id be buying and renovating other daughters house so cant afford to place anymore here for next month or too.

What made me laugh today was that our brilliant new pm sir kier cant afford to pay back all money hes had in free clothing and gifts hes only paying back 6k. They said he only gets £167k as PM and its not very much so he cant pay back. Just want to point out that now hes in No 10 he wont have to pay as bills no heating bills no food no council tax bills no travel bills. he reminded me of Brad he cant afford this that or other but us investors or punters can and we dont earn note like Brad or Sir Kier they are a Joke in my view. Ill leave it at that but live in hope that things here will be on the up soon but more cash will be required on a regular quarterly basis unless we get some company to partner with and that will mean they want a big piece of the cake.

Ps Ive dont good on some shares like Thomas The Tank Engine floated at 130p went to £10.00 each bought UK Coal went from 20p to 600p and massive dividends, Bought Yorkshire Electricity share and electricity shares in general went from £1.75 to £50 and RWE share £13 to £80.

But lots of these small shares lots of them bom or go bust and had my fair share of losses too.

But you will never hear me whinge. nobody got a gun to my head and made me buy so its down to me at the end of the day.

Break maybe Brad does not need to do much with the perfect storm lots people tipping 3,000 to 4,000 gold within 2 years. We know that debt round world is growing in America by the trillions each year same here and Europe too. As I said before lots of projects now becoming viable as gold silver price rises makes Anza more attractive.

Seingred we know the burn here is 2m per year and growing with projects to fund. As I said 500k 800k goes nowhere and we will need to raise 4million per year unless we get a partner which is what I think will happen as the gold price rises over next 12 months.

Brad took the credit when share price went from 2p to 45p he never took credit for the decline from 45p to 1.9p and yes the board have been in a closed period for last 3 or 4 years thats why they not bought. They could be in a closed period for next 2 or 3 years too why buy when you can get millions options free. only a fool would risk their own money. me included in that.

Seingred Yes AAZ is one of my favourites on my watch list. Humming bird is a producers too 55m mc and producing around 100k aiming to produce 200k they have had problems and financing again. so they producers and mc 55m makes you wonder how theese explorers valuations like when i told my mate to sell GGP at 1.5b and producing nothing he was up on 2 companies more than 1m they both had gone up more . We know what the share price is now. , I suggested to him a few times to sell he would not listen

Its best to take profit like you said but not always easy to do unless youre a trader which Ive never been or will be.

Lets see what Brad does but every week anther 50k down drain from company cashflow. it wont take long to burn through the cash and as I said next issue will be upon us in no time.

Vast resource have share issues every month they must have had at least 30 in last 36 months thats what I call shocking. We need a partner with deep pockets and cash payments to support Brads salary and board too.

Seingred Im not being pessimistic but just stating the fact that the Board own note here and they have had 2years to accumulate like everyone saying they cant afford it is very poor in my book. They need to show confidence and put their money where there mouth is thats what we have done and its alot higher than current sp so how can you ask others to partake in an issue without showing that they should do same. its a load of bs saying they cant afford it.

Now if they where on low income benefits thats a different matter.

Just facts for me. same as next issue on horizon in late Dec Jan but of course Brad will have spent all his cash on Christmas presents.

Johno exactly he aint riskying his own money here when you can get options for free no risk attached. This is clear crystal but he is a poor man not like rest of us.

Johno knows best you should listen to lad. Looks like Brad not partaking on first 2 share issues maybe hes waiting for a better entry point I think he will buy on next issue of shares in january timeish as 800k wont last long and the first 500k issue for drilling will be used to keep the wages following for the board ie should last 2.5months which will take us to December time so by January the company ready to raise again. if he does not dig deep on 3rd issue well enough said. But hes not a wealthy man like some of us getting our fantasitic state pension and paying 40% to govt.

Share trader123 money well spent think the last raise will be used for brads & co wages. The 800k for drilling and resource will go nowhere just give a few months grace while they can announce drilling hoping that the share price will rise then pow I say pow next raise will hit us like a tonne of bricks. 20m shares now 30m at similar price.

Even 4m will only last one year and thats without Brads and co wages costs etc. 2m for drilling 2m for Brads wages.

Ageos Thank you for your information as per usual very good indept info as 99% on here including myself would not look at but its very much appreciated the info you have provided.

Seingred good call here we know it was coming but i thought they may have waited til they got back 100% then did a bit of drilling. However as I said even best car cant run on fumes as we guessed right that around 200k pm burn. However 800k seems alot but its not really if you take 500k for drilling and bits on other projects and 200k pm burn it will go nowhere and may see if through 3months or 4months before next raise.

Surprised not that directors have not bought but nothing new here. I dont know how they came ask for cash without putting in their own money after taking a fat salary for last 2years easy money for them while poor old Johno crying like a baby here every day.

Lets hope we see sp rise and drill start before next raise as the cash wont last long if they do little and wait.

I guess omi has around 400k to 800k with the money raised in feb at 2,9p. We dont know and of course Brad bless him does not tell us anything if MMA has any cash in it so again its guess work. There may be but then there may be nothing. If nothing then without the raise money I guess at best we have between 300lk to 400k but it maybe alot less.

Lots of companies now starting up on projects as the gold price makes explores alot more favourable. i know people say we not producing so makes no difference i take a different view that anyone who wants to partner with us could be getting a bargin as the gold price rises toward 3,000 to 3,500 in next 12 months.

johno no not happy way management have performed but im hoping thats all ican do that things will change with 100% ownership and hoping that with the bull market all goldies will rerate.

seingred i knew you were gunna give me another company to compare but you never never say that they market in goldies is depressed like for many years if not worst its ever been this might be because all those that buy this market is putting it all in the brilliant crypto **** in my opinion.

in the dot com days all stocks rise massively all **** companies rose unbelievably and most of that was proper toilet stuff. with the goldies at least they have something that can be sold not just an idea which might not materialise.

seingred explain to me how ggp went from a few million to 1.5billion mc, expalin to me how solgold went from 1p to 43p 700mc explain to me how balitmore technologies went from a few million to 6 billion mc. explain to me how kingston coms went from nothing to billions.

well i ll tell you they were in a bull market where everything goes up. thats why you buying because if these goldies do rocket omi will have a good run and it will be worth many more times its mc. im not saying hundreds of millions but more than current 6 or 7 million mc.

look at the crypto shares. i would not buy something i dont understand and not nobody have convince me to buy yet.

everyone to their own but omi could do well and we got the perfect storm just need brad to man up and prove his worth.

Johno stop whinging I bet you down a few grand Im tempted to send you a cheque just to shut you up. Cant be doing wi people whinge you pay your money and takes your chances. next time youd be better off with a post office saving account. if you cant stand the heat dont go near fire. if you dont want to be a gladiator dont go into the arena.

The directors not owning many shares is a big red flag in anyones books. ok when the sp was 40pish but now its 2p or 3p around this number they have no excuse. Surely we not been in a close position for last 2 years. Sure they could buy now.

If we get a resource on Apta or Pepas of 2mish then 1/50th of 2500 or 2600 is aorund 50$ in ground should be reasonable but lets says 25dollars still gives a value of company on a small 2m of 50dollars. to 100m.

I think Brad wants to get a resource asap to create value and also attract a new partner with all the other areas in south we should have many millions of gold ounces in ground.

The 24carrot gold question is how much will it take to drill drill and then drill alot more. We will need big bucks to do this drilling so a partner with deep pockets is needed.

I know Seingred will question this but lots of goldies are mega mega super mega undervalued and thats why lots are still here buying as if we get the gold bull run i expect in next 3 to 5 years all these goldies are gunna have a super mega rerate like I been saying about the price of gold and silver will follow but much faster share price moves.

If Brad dunt buy big then everyones confidence dwindles.

Spot price 2677 even though we not producing to me the asset becomes more valuable every month 3,000 gold a real possibility for year end or new year. With interest rates dropping in Europe America and UK this should push gold up further same as in 2001 to 2011 and same as 1970s 1975 to 1980. At some point people will realise that there gold in them Hills mountains and the gold rest will start like crypto like the bank shares like builders shares like dot,com days.

I think our asset looking more valuable all time. I know Seingred would argue other wise but why his he still buying and why is Bhargav ready to press the sell buttom. Everyone to their own.

Sharetrader dont know why you having a go at Aegos as hes very helpful and knowledgeable on this board not like some who are opposed to what most say.