Member Info for sniffer78

The Company is also pleased to confirm that Exchange in respect of the Mining Asset Sale has taken place and that completion in respect of the sale is still expected in Q1 2013.

The following plan is in place by Management to support the going concern basis of the Company and the consolidated entity. On 31 October 2012 the Company received an undertaking from Creat Group in that, for the purposes of assisting the company in achieving its working capital forecast to 31 December 2013: · Creat Group will continue to provide further funding to CRHL as required with interest rates to be charged based on market interest rates; and · Creat Group will not call for or cause repayment of any loans or convertible notes, including the payment of accrued interest on such loans or convertible notes, held by Creat Group at 30 June 2012 or entered into/acquired by Creat Group subsequent to that date, and interest that will be due and payable on such loans or convertible notes through to 31 December 2013. At the date of this report and having considered the above factors, the directors are confident that the Company and the consolidated entity will be able to continue as going concerns. Towards the end of the financial year, your Board of Directors reconsidered the way forward for our exploration activities. By now, you would note that the Board has recommended for your approval the disposal of all the tenements we hold at Zeehan, Tasmania, Australia. By such move, I trust that it allows your Company to start afresh. Myself, and the rest of the Board, have long begun our search for new and even better opportunities to enhance the return on your investment.

Shxx or bust lol top up for me next week, late Feb end of March will finally see GXY move IMO I have always had a feeling The Creat Group will take over Galaxy, just because they are selling 1 million shares don't write them off. Update on are new venture sooooooon GLA

Vol very high over the last 3 weeks looking good GLA

In here but at these prices in 12 months time will probly seem like a bloody bargin. http://www.awn.com/news/films/dqe-announces-jungle-book-3d-animated-feature http://www.youtube.com/watch?v=dUr60zrFNEM Taken from Results in May Cinema: 2011 witnessed several animated movies in the Top 20 movies at the Global Box office including Car2, Kung Fu Panda 2, Puss in Boots and Rio with Box office collections in excess of US$500M for each. 'The Adventures of Tintin' a 3D film based on a comic book was also lauded by audience in India and abroad. With global animated movies experiencing increased demand and tremendous success at the box office, DQE has commenced developing its own animated films to be released from 2014 onwards. The release of our first feature film The Jungle Book for world wide release in the summer of 2014 is expected to generate significant revenues for the Group

Late trades show yourself

Your not wrong there, hope to get a few early next week, end of Q1 should see GXY start to move north at last and us to follow GLA

Check your post FFS

45k looks like a sell, so 41k buy yesterday after the bell. Hmmmmmmmm

41K buy someone seems confident lol

Don't for get ipsa will be debt free and around 2.8 mill in cash and $23 million power plant http://www.cospp.com/news/2012/12/08/ipsa-group-flare-of-interest.html

Vol 5.5 mill another good day GLA

Earl, CEO at the time, says: "Those turbines would serve SA very well now, but we couldn't keep them for that long." With virtually no debt, the company can now position itself as an independent power producer. Ipsa already has a contract to supply Eskom with electricity from its gas-fed 18MW combined heat and power plant in Newcastle until March 2015. Electricity and steam sales contributed £2,5m to revenue in the six months to September, enabling it to halve its 2011 net loss to £1,3m. Ipsa sold 22% more electricity, totalling 25,2mkWh, to Eskom under the contract. Ipsa CEO Phil Metcalf said in August that the company's intention in increasing capacity at the Newcastle plant was for it to operate profitably after depreciation costs had been factored in. Construction will commence early next year, upgrading it to a 68MW facility from the current 18MW. So construction will commence early next year, upgrading it to a 68MW facility from the current 18MW. Revenue next year looking to be around £9 million on upgrade nice, just need this sale to complete and lots of bule sky ahead GLA.

http://www.ncondezicoal.com/uploads/nccl_minedfs_final[0].pdf See page 21/22 future growth, outlook is very good once turbine sale is complete and company is debt free with 2.6 mill cash in the bank GLA

Looking good, also to note IRIS volume up over the last 6 trading days along with IPSA all positive GLA

Another strong day of trading of 5.5 mil shares GLA

has picked up of late http://screencast.com/t/34PYydqi2KPE http://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=IRIS:KLS

Iris shares traded 5+ good volume in the last week news may be around the corner GLA

Shares Traded on Monday 4 mill + last time they had vol like that update followed a week later GLA

Share vol 4+ 5+ mill traded in last two days news could be close http://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=IRIS:KLS