Member Info for theofficecat

@lovelyboy imo, and final point of this.........I think they get Nyud and sell the lot. By that I mean selling Nyud to get someone bigger the access to the other 8. We would get a decent price, obviously not like if we started to prove up the next one but I have a feeling that perhaps it was never the BOD's plan? We are still a tiddler in the scale of mining and MT and Nyud together make a tasty meal for a big boy with the sweetner for them of access to much more. Just a musing point. Have a good weekend, even you del if you could stop your non stop worrying lol

@lovelyboy yes I totally agree and that is my point to del.

and del I have always tried to winkle out anything thing I can, sometimes you can read between the lines, get a feeling how something is said. the occassional slip of the tongue. I do with every investment I have made, do my own research etc. I don't sit on my arse and whine about it all on a free BB. Your posting of that list on here every time means nothing but fuels your own crushing doubts. Me, I am sanguine, realistic as to why things are happening and length of time and will be here to the end. Luckily I can hold for as long as it takes

del Read my last lol.....and we just had an update and they certainly NOT going to tell you any "contingency" plans. Some folk live in Cuckoo land derrrr! Sorry that is not good enough for one man protest band lol

don't we have a "notarised agreement"? legally binding? yes, of course I know it could be reneged on but don't think Russian Business men/Oligarchs be too happy with that happening. They want investment after War ends and that would send out all the wrong messages! They are not stupid..........

Jesus H Christ give it up already Del ffs! We all know what the problem with Nyud licence is!!!! The same as all the rest! First a Covid pandemic lasting a couple of years and then a mad man starting a War. What parts of that don't you understand??????????????????

The BOD have done a fantastic job keeping us cash rich, debt free AND progressing. Of course it's slow and as stated not exactly rocket science to understand why so stop bleating about it!

The fact that despite all the sanctions we are still operating normally is unbelievable actually. They have told us DD buyer still at table (for fundamentally all the assets). Selling to "predominantly" BRIC countries, stating Russia, China and India. So other non BRICS still in there pitching and no list complete without South Africa and very likely predators of Sibayne lurking around. You, and many others have no idea how slow mining is at the best of times, yes, Re licences! Just do some back ground checks on our previous ones! No idea how long a deal likes this takes to come to fruition, in the best of times! Be very thankful that we are still alive and kicking, still producing and getting cash, still expanding likes of WK, still progressing a deal. In fact just be bloody grateful for what you have! Officecat has left the building..........

@lovelyboy in my call to company to congratulate on good solid RNS politely pushed on Nyud licence. Asking if it was imminent, if there was any chance wouldn't get it, is it the key to "further developments.........as said previously told RNs was "carefully considered", "can't add any more than the BOD agreed" on final words "progress is being made".......see ya next RNS unless mad Putin man goes first!

swapping one bunch of loony tunes derampers such as w4nkerwolfe, yappydoggie, seapuke, woodenhead, silly squid, pantypooper, nellybaby etc etc for the war propaganda Putin apologists such as DimTim, johnnynobrains, onthebwagon to the assylum, pornsacriface, etc etc

throw in a dash of ever moaning del with his ever present list and a sprinkling of sneaky 2 faced, negative Tygra and you have a wonderful cesspool of lse life. See ya next RNS genuine holders. Leaving the asylum to the lunatics

very interesting, only 25% fully withdrawn. Others, like us, are likely with drawing but as Government (s) realise it takes time! I am sure we have shown or "withdrawal" plans to relevant authorities and they are happy with us to proceed.

The more I look at it the better it seems our position is ;-)

Many businesses have already taken significant steps in condemnation of the Russian regime’s illegal invasion - 75% of foreign companies have responded to the invasion with 25% having fully withdrawn – a clear marker of international condemnation.

Well sometimes you gamble and win big time, sometimes others make mistakes, sometimes big incentives to those in first so others follow, sometimes it is great to have good relations and partnership with likes of Rosgeo...........but yea bit of a long shot but we can hope lol Have good weekend ATB

After the war machine, we will still be fine and after all this time can't see that changing. They are not going to target PGM's and shoot the world in the foot.

The US has imposed new sanctions on Russia as a result of its illegal annexation of four regions of Ukraine.

The US Treasury Department says it is targeting the "militar-industrial complex" behind the war in Ukraine including two international suppliers, three leaders of Russia’s financial infrastructure, immediate family members of some senior Russian officials, and 278 members of Russia’s legislature for enabling the move.

@lovelyboy, yes I agree, and something definitely afoot. I wouldn't at all be surprised if it was just the one holding JV company which would give access to a buyer to the other areas. As we agree Nyud licence is the key. Personally I don't think we will go much further ourselves. Sell the lot or........a big partner farm in giving us a special dividend pay out and free carry to production?

yes it was the buy out referring to, just musing of course, nothing concrete but could be, and yes it is confusing lol. Really did try to squeeze a bit out of them this morning Re licence. Very tight lipped about it just think maybe it is close now? Just my optimistic speculation

@lovelyboy, yes agreed but I was more getting out how they referenced it again at end of report in respect of Nyud licence.

Plus "other potential licenses and projects as per the agreements in place with Rosgeo and ERDC".

Plus referencing "template" and "after successful conclusion of Nyud"

Stuff we know but.....I think hammering the point home again how important it is, right at the end. Give us that licence!!

Ding Ding............has the amount been commented on yet? should be ;-)

In 2021 the Company had invested RUB 37,180,000 (£584,591 at a prevailing exchange rate at 30 June 2022) in respect of the Nyud-Moroshkovoe and other potential licenses and projects as per the agreements in place with Rosgeo and ERDC.

The Nyud-Moroshkovoe project is being used by the Company as the template for the remaining assets, which will only be evaluated after the successful conclusion of the Nyud-Moroshkovoe project.

Oh and the one obvious be it's omission in that 3 list is.......South Africa, step forward Froneman, Sibanye-Stillwater ;-)

@lovelyboy or even by me at 0710 NB "predominantly" BRICS therefore not all then" just saying like ;-)

rang company to congratulate on a very solid and good RNS. Let's face they get enough bashing from the malcontents, lunatics etc.

Sounded upbeat, tried to winkle a bit more about Nyud licence but was having none of it lol. RNS was carefully considered by the BOD. Final words to my comment of hard times for many........."hard times indeed but we are making progress"

Have a good weekend all genuine holders and see ya all soon.

oh, from comments W4nkerwolf around as usual stirring the pot. In and out so many times here (apparently lmao) his blow-up girlfriend has complained she not getting her share and next time could he actually hit the right spot so no more punctures! Good to have fantasies eh Wolfie dear xx

mac, wrong..MT can be sold now, response was referencing DFS and don't need that to sell now. Also referencing Nyud which obviously we need licence transferred before could release reports or sell. DFS Enhance value yes, but nearly done anyway and buyer knows it so...........

Tygra had to reply, usual load of negative tinged tosh from you! Because DD buyer not mentioned specifically in RNS means they are not there? Absolute rot! Christian told us they were and nothing changes.

Paying to store under armed guard? lol didn't see armed guard anywhere myself or....how much paying? Trying to take a negative out of having the smarts to store that which can afford as we are cash rich as we don't have to sell for better prices down the line is just stupid!

As for DFs yes said November but holy sheet surely not as late as December! lol

All joking aside your posts have always been one. Never look on the bright side when the negative will do. All from a supposed lth as well hmmmm

The bottom line is the BOD have done a fantastic job to have our company in the position it is at this time. They are not responsible for Covid, a MAD man's war or.........what other companies do.

Debt free, cash in the bank (stored away safely from volatility) NO cash calls needed

Ore stockpiled to take advantage of at a later date, nice little nest egg, only capable of doing that because of the previous!

Buyers still there, including one who carried out the DD, none of them affected by sanctions. "Progress" has been made.

WK advancing at a rate with drag lines nearly ready to enhance green credentials and further reduce costs

Tipil drill results looking good and readying area up to move smoothly into increasing cash flow all the time.

Wardell reports are ready and awaiting transfer of Nyud licence to be released. This will greatly enhance resources.

DFS going to greatly enhance value for sale.

Don't forget BOD still the major share holders and none have sold shares! That also includes others like Queeld who are almost certainly Russian held.

No point arguing anymore with the W4nkerwolf, yappydoggs, seaspew, woodhead etc etc or the Russian loony propaganda merchants. The RNS has spoken and told us exactly where we are and the still strong position we are in!

Back to hibernation for me until next RNS and happy to wait..2 months, 6 months, nothing in the scale of things and the rewards coming. GLA all genuine investors the rest naff off!