Member Info for spottydog

The lower this drops the harder it will be to get back to 16p the price just a year ago. Even the most ardent fan of this pile of sh-te must see it's not going to happen. You now need a 200pc rise, as I keep saying it's a con and if you stay in long enough you will loose the lot. Next news is a placing around 3p

While we all await the the make or break rns it might pay to read up on ujo. Union Jack Oil, very good prospects for the new year. If you're not in already take a look.

I have no financial interest here, just an observer

I will try to educate myself to your level, although I have the same info as others I have come to a very different conclusion to most others. As you say time will tell. Thankfully we live in a democratic society and can hold and share different opinions. Although Brexit makes one wonder.

As for the selling perhaps the more enlightened holders salvaging what they can while they can.

I admit to being a bit thick, but can you tell me why a exploration permit will do anything for Geo. They have already drilled more holes than a woodworm infestation. They haven't produced an ounce of copper, gold or anything else other than hot air and false promises. Even if they manage to create a mine that's remotely viable it will be years and hundreds of millions of £ away. Just when do you think this is going to boom and get you all out of the doggy do do

Found it by locating the area by name, took a while but persevere and you will probably find it. One of the past rns states the plant needs work and if it's ever done will cost a fortune. My own veiw is none of this will happen. Your directors will milk every last penny out of and then for some reason yet to be announced they will move on to their next con. Pi,s will be left high and dry. If this prospect is so good why aren't the supposed partner co in their on their own, they have it would seem all the equipment and knowledge to get stuck and mine it. Geo has nothing, they are not experienced miners, they own nothing, no plant, equipment, offices building etc. On the balance sheet just their valuation of bit of land that may may not be worth mining. If some big company interested they could buy Geo for peanuts. Those of us that were in nmg have heard it all before it's just rinse and repeat. Salvaged 4k from nmg and thankfully have nothing in now. I wish all holders well but think you will at the end of the day loose the lot.

What's the point of building a 7 km road to a plant that's a pile of scrap metal. Find it on Google earth, it's not a pretty picture.

Even with the permit what have you got? Profits flooding in every month, no. Large cash reserves, no. A operating mine, no. I could go on, can't anyone see what you have, I can and it's nothing of value to support any share price. Even at .5p this share is over valued.

Is more soothing words and over optimistic platitudes from your leader m l

No idea how many shares Cabot energy would have had in the day but now has 662m in issue now. Big difference to nearly 6 billion. Maybe there is a clue there.

Willow pillow, have any proof of prim selling or are you just assuming that they and gun are selling ?

Well done earthling, your best post yet, beginning to see the light.

Earthling, you seem to be misunderstanding what you call negative comments. A few people here are realistic, nothing to do with bashing or low entry point. If you can't understand that you will no doubt get your due reward. Just go back and read every rns it's all there. You are being conned.

The exploration permit you still have nothing. Just more drilling and waffle about how great the resource is, more mine planning and that's another 12 months they are all drawing nice fat saleries and expenses and what have you shareholders got. Nothing but reports etc. Then they need a placing and double the shares and halve there value to fund a promise of early production after they spend all the money. But wait a minute, the crushing plant is a pile of scrap and doesn't work. Oh dear project not viable after all. Never mind you've paid saleries etc so why should they worry. They win win, you lose lose. Time will tell who is right..

Comparing Angus and ukog is not a straight comparison. Horse Hill and Brokham may turn out to be similar BUT ukog have 15 X more shares. Undrilled sites or unproven sites mean very little in value terms. If money ever starts flowing a share buyback would be a good way way to boost share price

To quote Manlord 9/10 looks like that's true and it's heading down hill fast. Where is he now to save the day with incredible foresight and knowledge.

M
Don't think prim will sell any shares, if you read their quarterly statement they have a strong cash balance with no debt. Some very positive investments with near term potential, no cash calls etc. And 63m ukog shares alone worth around 1.2m. they can sit back and wait, they are already 1m up on ukog.

Existing on this board, people can barely contain themselves, calm down every body, it might go bonkers soon.

Shares in circulation does matter, until reserves are proven and recoverable and can be transported in large volume it's worth very little. So nearly 6 billion shares is a far too many for 1 hole in the ground. No matter if HH can produce 10 k bopd they can't yet transport it.