Member Info for Rover62

Not many people noticed that the company initially engaged Reta Engenharia to do the cost analysis (2nd October RNS), that changed after a new board was appointed to be G-Mining. Only saying!

The fundamentals of this being a profitable mine long term has never changed even on the inflated CAPEX costs.

I still don’t understand why the cornerstones have not stepped in to fund.

The only thing that comes to mind is they are playing a game.

Not today either, another ‘minor’ delay.

Did JM get it so so horribly wrong?

Well, as the CEO the blame is squarely placed at his feet, and rightfully so.

Being around for a few years you could come up with a numerous theories, all of which doesn’t help those lowly private investors like you and I.

However, I’m not convinced of the new figures. They are too high. I’ve no way of knowing the truth it’s just a guess. We will only know when the mine has been completed. I’m sure one of the major miners will be willing to take it on. For me, I still have this as zero value. I do remain delusional and hope for miracles.

Do you think one of the 39 will come back to the table?

I hope so 😁

Not that this matters any more 😩😩😩😩😩😩

https://steelnews.biz/nickel-prices-jump-above-usd-21000-mark/

The reason New Caledonia

https://www.politico.eu/article/new-caledonia-france-brink-civil-war-nickel-gun-macron/

They don’t want to waste good news when the shares are still suspended.

If you noticed the Brazilian sub has not gone in to admin.

I seem someone on this chat said that if they did then the mining license would be suspended maybe cancelled.

Maybe a buyout next week?

Zero

The major learning point here for me is at the first sign of trouble EXIT!

You can always buy back at a later date if things improve. As a private investor you should always protect yourself. Do NOT listen to those little devils on your shoulder.

I knew it was a distinct possibility but was hoping it wasn’t going to happen.

£255k down.

😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡

Just to be totally fanciful it could mean government or state funding as they may not be allowed to fund international companies.

To be honest that suggestion it truly ridiculous

🤪🤪🤪🤪🤪

I may have missed it but does anyone know where/who the subscription monies are coming from?

The only one we know about is Matt Bull to the tune of £100k.

The detail only says from UK and Australian, new and existing.

Maybe a TR-1 or more maybe issued.

Looks like they’ve underestimated how long it takes and what legalities are needed when transferring large amounts of money internationally. (Money laundering checks)

Just to think those buys back in August would’ve been £3 million not the £7k today.

🥲

The danger on the doorstep today is whether the company creditors will walk up knock on the door and demand payment. Unless they can persuade these creditors to walk away as all is well it’s game over no matter what value is in the company.

I truly hope the company can survive this.

Harkin,

Thank you for taking the time, firstly by chasing the company and secondly in sharing.

Can’t you just cut and paste?

Rht99,

Why?

All I did was share a bit of information about a neighbour. I certainly don’t deserve those comments. If you cannot add true value please don’t comment.