Member Info for Spec

I agree that it will be hard to hold the 8p support on that update, especially after further dilution which can't be more than 2 or 3 months away. I'll expect some 'significant' drill results between then & now trying to lead in a new batch of gullible PI's into the fantasy of waterfalls of gold.

Trust Panda to sell Greg's story. Though here's some reality Near term gold play Drilling (significant mate!) Stop the press! We've found copper. Drilling (significant mate!) Near term gold play. 21 months & £8mill quid later mate. 'Not sure where you get 1mill M/t spare capacity (Greg Kuenzel) but we'll have more than that because it's an old mine. Hmm!

Love you to actually demonstrate where my post isn't accurate instead of a lame attempt at misrepresenting what I said. Of course there is a copper resource 3.1M/t @ 0.8 Cu. I merely stated that you can forget about mining this in the near term.

With me, only read this once. A couple of things struck me. Potential to find a world class asset elsewhere in 860sqkm license.?? What about KB? We know they stopped at 3Mt & grades were dropping off considerably. Further drilling for gold. They currently have 2.2Mt of low grade Au which the JV has 50% of & will charge a toll for mining. We also know the 0.85g/t is below the 1g/t in the toll agreement previously signed. We also know there is a MAXIMUM 1M/t spare capacity, that's MAXIMUM. Don't expect that to be fully utilised. So forget about mining any copper in the near future, this is a low grade Gold play and Copper/Gold exploration play. I find what's not been said today the most interesting.

IG worth a look. £5 a trade if you place 1 spread bet every so often. Have had problem selling before but can phone up and the phone service is fast

So now I understand Larry Kudlow's volte face on CNBC regarding Trumps' trade policy & especially China

How the hell do you miss a £30 mill tax bill?

Risers board. #shambles

Down earlier. AST weekly gap filled

Watched Manure get dumped last night, great stuff. I said to my m8 all along that Jose doesn't fit at Manure, they'll only put up with him if he's winning trophies

What you say is possible I suppose. That £400k from the Nov placing & £800k from the may placing was issued on a T+50 basis and was still to be received.

Mischief! If that's what you call asking valid & relevant questions about a publicly listed company then yes.

I won't hold my breath waiting for you to answer that one. What you say doesn't add up anyway. Cash at start of period £1.65 mill Cash at end of period £4.25 mill Net cash used in period £2.5 mill Net Placing proceeds £5.2 mill That tallies up

So who told you that the trade receivables was part of the placing cash?

Your suggesting they've issued shares that they haven't received the money for & that they've booked the revenues twice. I'm no accountimg or regulation expert but that sounds like a a rule or 2 has been broken.

I considered that. That doesn't explain the increase from the beginning of the accounting period £400k. Or that in the accounts the cash from the placing has been booked.

Maybe I've missed something but how does an explorer increase its trade receivables from £400k to £800k in 6 months?

Burnt through £2.6 million between Jan 17 & Jun 17. At that rate there is need. Bigger question is, what did the blow the money on. Very odd trade receivables.

Aye they stated selling the travel business would clear the debt previously. I note today they say they would be 'substantially debt free'! Not sure what that means tbh but they've got my hopes up of some pocket money left when all is said and done.