Member Info for sonicboomboy

Https://x.com/thecitymile/status/2039600172808765780

Totally undervalued

There are people and portals Ortus. We've had contacts in Zambia for a little while now found on Twitter (now X) who Iv spoken to. Whether you want to believe it is up to you. I'm happy with my research and contacts, who have always given a fairly accurate view.

I don't know what more to say.

They are definitely loading at this level,

Https://x.com/thecitymile/status/2039256302912737624

looking likely to move up.

I see Iran are completely denying any peace talks. Trump being left with nowhere to go now as he has backed himself into his own corner. given his temperamental character I think he will not be able to control himself.

2.3m and a 2.4m buy at the open this morning - no wonder its going up! (1.3m sell for balance)

Still very will bid for, think people are seeing through the Trump narrative. Oil futures pricing in oil going to $120/$130 currently.

Looks like it will move to test 1.3p which is certainly a half way respectable (still cheap value) for where we are.

Getting extremely well bid for now..

Looks like people feel this is way too cheap now. Remember GLND at 9.2p is 1.5p for 80M and that's without any value for all the other projects. Buying picking up now at this level. They know its 50% undervalued at least.

I think more of a little misunderstanding Ortus and someone was a bit quick on the trigger to boot me.

Obviously it is better to discuss sensitive info in a closed forum with. ike minded individuals but as we no longer can we will have to discuss here.

Currently, no movement in Zambia, hence no RNS. Flirtations regarding the licences here has been but given the status quo with the war,.energy prices and commodity prices,general financial outlook and pur own weak.cash position, suitors are happy to bide their time, as opposed to rushing in to be the knight in shining armour - its business and rhey will do what's right for them at the end of the day.

Botswana air surveys showing the most progression currently. Hopefully a good result the will bolster confidence but what to do with data if good?

Obviously.as you will know we were misled slightly in thinking this asset was 100% to be sold but in reality nothing could be further from the truth. Remy wants to hang on this as it's his baby.

And there within lies the problem. How do you progress a promising result in Botswana if it comes through? Fwiw, I believe we may see encouraging results too.

Remy will need to be creative in order to retain %'s, progress projects. My fear is he will sell us down the river to meet his own ends in order to try to maximimse the asset value further dowm the line. I susoect it depends how long you want to wait, if you can wait another 5 years and with good results from drilling you may see a return on investment.

I didnt think Remy was very empathetic regarding shareholders losses this far and I would worry that may be his view looking forward. Like I said he stated clearly.he admired MCAPS and had almost a disdain for shareholder losses as he had lost money himself.

All in all I have reduced nearly all.my.stake here, just a few 100k left for interest but will review upon the next significant RNS or when there is a clear, and substantial strategy update from the company. Unfortunately atm there is just not enough concrete strategy with significant dilution risks for me to invest the funds I had in previously.

Hopefully it turns round for you all but this are my honest views

So we've got 2 wells planned but they've signed up Stampede to a 5 year deal.

This smells of US Government and major oil companies helping conduct this from the side lines.

Is going to be a good day for 80M.

Remember the location of the 1st drill is only 3 miles in land. Its not going to take much to get a 3 mile pipeline in to awaiting tankers.

It's not the impossibility some would have you believe and at that point, a nice hurdle to overcome I'd say.

Well GLND at 10.10 gives then their $215 odd MCAP and us $92m so if our SP is going to react and follow GLND on the way dow it should on the way up so from memory they need to get us back to the 1.3/1.4 mark Monday morning.

I believe this is what will happen.

Ashton,

Appreciate you thoughts on the GLND SP and if you rhink the potential fundsing issue is impacting it for the very short term, after which I'm surenits onwards and upwards.

I feel.all.we are seeing here in GLND about to RAISE cash to. ulfill their drilling commitments via a PIPE, hence the SP drop. They need to.do.this due to the high redemption.rate in the SPAC.

This needs doing immeadiately for obvious reasons, so why the SP of GLND may be dropping once notified to the market the MCAP will increase due to the raise , more shares in GlND but at a lower price.

All importantly it will have a higher MCAP which in terms of implied value is what counts for 80M NOT the SP!

This is all good though for 80M - no dilution for us and I expect us to be going towards 1.5p as soon as the market and the traders wake up to why the GLND SP is going 'falsely' through this short period in time.

Next week or so will look very different once the boys have their cheap seat at the table and the PR machine goes into overdrive.

Also hearing the US Goverment could take a stake or be involved in the raise which will see this double PDQ.

GLA

As I understand still no.movement in Zambia as we stand, possibly just further rounds and tying up the company.

Surely the company owes it to shareholders to at least be honest.regarding where we stand in Zambia? Plenty of good people have hard earned cash tied up here. Its gone far beyond the point of believing being silent is in someway the responsible and smart thing to do now. Being silent is not.helping anyone or stopping this company dying by a death from a thousand cuts.

Its time for Remy to man up and tell us what the updated position is.

Bit misleading- see everything we've just talked about. The author obviously wants in...lol.

Absolutely Amy smart move is to scale in this morning.