Member Info for shamI89

Off course they know about this "termendous opportunity" as they get 1 million out of it per year.

Is being orchestrated,dont get caught people,any info has to come via RNS and some mug punters are nursing heavy losses so they will try to bs their way out of it.

Company needs an asset, then needs to drill an exploration drill if exploration drill is not successfull then that is it if it is sucessfull then it can move on to next stage which is drilling aporaisal well and then production can commence.Once it starts production it can start "supplying and selling).Right now it has none of it.......so....

License is for sale and supply, not really any good if you have not got any asset to drill.

Is trying to take a position should go through history of this company,not so long ago this company had some exploration licenses in England, after that it was Tunisia and right now it is Malaysia.BOD finds an "exciting opportunity" which allows it to get away couple of placings .Mug punters get excited BOD get their salaries sorted for an year or two and then it moves on to something "new" rinse and repeat.It has no intention of making a penny in profit.

i would say this company has only chance of surviving if danny boy is kicked ou****tals exploration ltd was in similar situation 5 or 6 years ago,they brought new management in and company has paid off 150 millions in 6 years.

Master Bushy once again dishing his "pearls of wisdom" after that 8.5 placing claim I thought you would refrain from posting any more bs.But you cant help being master bushy can you?

😴

Off course they are and that is the reason shareprice is falling.Meanwhile who is dumping these shares in large tranches?

Breach 1 today, 14 million market capital is way too high for a cash shell,given BOD gets million per year for blowing smoke up mug punters's backsides.I am loving it.

Lol made my day JS, dig deep I am not invested in HUM as its CEO is a liar and company needs money, so until money is sorted I wont touch it with bargepole.However mugpunters have been conned here I am afraid as it has nothing to show and only hot air was driving the price up.It has a long way to go I am afraid.

Our master bushy who thinks buyers will pay a premium for placing.Comedy gold that is.

That is what I think as well, he is one of worst CEO on aim and for him to mess it up at this stage is dubious.Meanwhile shareholders have funded it through to production and someone will reap the rewards.

As musical chair had to stop at some point.Looks like all of our "long term" inveators have moved on to next big thing.No psc until news until August 2025.

Well come to our master Bushy's world where you will need to pay 8.5 for shares which are available in open market for 6.5.Dan loves these sort of "well informed " investors.Keep them coming Bushy,keep them coming.

Lol why would someone buy it at 8.5 when it can be bought at 6.6.But I guess we have Master bushy......

Imagine we are raising 25 million through placing new shares at 8.5 no sorry I will buy in open market at 6.5, there goes your placing.Master bushy at his best.

Lets see as language used in last RNS suggests that some sort of fundraising is being planned.There is no way lenders are going to let them carry on like this and by the looks of it we shall hear from them in upcoming days.However I am surprised that they have gone after Dan and he has proven to be absolute useless.

Company's target of 50000 oz should be achievable,not really as per last update company does not expect to hit 25k target until next quarter.Another think is company has used word"average production" so it ok to assume that weekly production has been lower than 1200 during some week.Problem is management has been saying that for good years that koroussa will produce comeercially in next quarter for it to move goal posts further.Timing is important and that puts a question mark on everything that DAnny boy has to say.Lenders wont pull the plug as these mines are not worth more but equity holders would certaintly be wiped out.

Another intersting development is that company decided to release these figures In Friday and normally we get these figures before end of July.Apaarently this was done to put a lip stick on pig as company did not perform well but Koroussa figures for July are "impressive".Funding talks are ongoing and market would be updated in upcoming days.So we dont have to wait to too long.Company would need to raise money through placing before lenders can push these repayments into next year.This company was going to repay 71 million in this year and 8 months down we have a company which has took on more debt,has burnt through 28.1 million raised through placing and is still loss-making.