Member Info for TheMagnacarta

This can go any way, quite quickly. Valued at cash levels now.

Yes please .

We all want a big fat placement to add value here and to progress the Ethiopia plan.

Harry has Endless support here and I can't see any reason not to do one asap.

I haven't changed my thoughts on hear, it's still going bust unless it put itself up for sale.

With the tax efficiency loss and influx of new money this could be a bargain now.

There is life in this dog yet.

With so few shares in the kitty, a close of . 50 is not unreasonable.

Without help this company is going bust, Cash will run out by Christmas and the doors closed.

Unless something happens?

Maybe producing for the orders weren't cost effective/efficient , to good to be seen . ?

It don't matter . Bust by Christmas!

Well written threeputt.

I am too thinking of getting some but acknowledged that any bounce here tomorrow will be destroyed by an enormous discounted placement to meet the company's requirements, with a big thank you attached. Lol

Lol. The trolls!

It's the trolls that want people to invest here and lose all there money!

Unfortunately there's no good price for this stock as the next placement will wipe it out !

If cash was £ 5 Million at end of June !

Warnings what is it now - Could it be bust by Christmas?

Absolutely terrible numbers.

Next raise will wipe out lth.

Question how they got it so wrong?

Investment ace wants in at the bottom.

I would cherish a turn about here in the share price, but with these recent financial numbers and basically non existent growth and the cash burn that would make most men lose hair.

But what surprised me the revenue is no more than a local small business/ petrol station or shop. Yet the staffing costs is horrendous.

Sorry this is going bust and anybody holding now , is asking for more pain .

Dyor

But I told you so.

The real question which should be asked now?

With constant delays and jam tomorrow and now kefi running on fumes money wise!

Will the Ethiopian Government step in and revoke the temporary licence and sell it elsewhere to a company with deep pockets?

Please this we remain on tract rubbish!

Funding and work should be starting in days and moneys promised haven't arrived again.

Remember first selling cash in all these nice profits.

Interesting read.

Wow what a cash burn. A massive placing will be needed at a huge discount.

But don't worry the work is in progress for 2025. Lol

Apologies to me as mentioned last month

That's interesting what was the question ❓

And I'm watching this share out of interest.

I guess the next placement around Christmas will be a massive discount as the previous flippers only got out lightly.

Vog found gas alot/ unfortunately the market that they sold in was fixed, just like here.

Then it was one way till death.

Dyor

With the state the UK is in , investing in Ethiopia must be a no . Lol

It's only a matter of time before it's in a war.

Dyor.

No money yet ! Don't worry it's 6 weeks now!

Then another 2 months and then it's next year.lol

Nav in Ethiopia/somila/Ukraine/Russia

Means nowt.

If Harry can't get the money's/ someone else will in Ethiopia.

The licence is only temporary on condition of money's.

If No money this year the government may revoke as previously stated.

Please dyor

Very positive update.

Very similar to the other 10 Rns .lol

Dry season starts in 12 days , are they ready ! Lol.

Cash rich

Yes the company is cash rich now.

Unfortunately now the project is all but over, the existing money will be dwindling away to zero as well as the stock price.

Why invest now , just to watch the money being spunked on redundancy costs .!!

Pdyor.

And I have been a holder here before/ a nice profit around the start of the Ukrainian war .