Member Info for tradingstock247

Looking good

divi news must be close surely

under mid guys

you tell me you said this yesterday http://www.lse.co.uk/member-info.asp?page=5&nick=Schroder MMOUpdate IMMINENTWed 10:10 Spoken to their NOMAD. An update is IMMINENT. Over 500k in cash no debt Under 1 million in investments MC of £400k Don't need a rocket scientist to work out that this will multi bag on update Schroder

An update will tell us on all front but if they have the gasoil cashback £1m+ easy IMHO,but im more interested in an asset update ASKIA GOLD talk a while ago was there could be a buyer,here,s hoping.

the Group entered in to a contract to purchase 20,000 cubic meters of Gasoil at a price of US$775 per cubic meter. On entering the contract the Group paid a refundable deposit of GBP499,900. If the Group chooses not to perform on the contract, the deposit will be refunded. The contractor, at their sole discretion, has the right to impose a 2.25% fee for any amounts refunded for non-performance.

and no buy quote yet again can sell a bucket load as per

fonters Ive been here ages and have always said this is worth 20p and thats no ramp my view has never altered despite all the trumpets that appear on a rise its simply undervalued as for buying thats for others 2 decide for themselves,its basically still at an all time low i bought some more recently around 3p.

MMO 7% of Maverick7,665,000 BOPD5,000 $ barrel100 $ Rev per day500,000 $ Rev per annum182,500,000 $ Maverick 50%91,250,000 $ MMO 7% of Maverick 6,387,500 � MMO 7% of Maverick3,832,500 They also have NWT Coal (MMO own 35%) The estimated coal resource (non-JORC compliant) for the larger concession is about 80Mt and for the smaller concession about 10Mt. However, these estimates are not based on systematic exploration. The local company is in the process of launching an exploration programme in order to establish a JORC-compliant reserve. Lets ignore any value here until JORC released (also coal market is poor, look at KIBO, STG, BHR). MMO have a market cap of �900k. They did have �1.3m as at Sept 2013 and also:- "In January 2013, the Group entered in to a contract to purchase 20,000 cubic meters of Gasoil at a price of US$775 per cubic meter. On entering the contract the Group paid a refundable deposit of �499,900. If the Group chooses not to perform on the contract, the deposit will be refunded. The contractor, at their sole discretion, has the right to impose a 2.25% fee for any amounts refunded for non-performance. As at 30 September 2013, the deposit remains outstanding." Admin costs are �133k for the 6 months to sept 13 = �266k per year. They spent �768k on investments including the above. So cash �1.3m less �768k investments less �266k admin costs leaves �266k. Plus the �500k they can call in from the gasoil contract. Potentially �766k cash. MMO have a market cap of �400k. undervalued

Particularly interesting is:- Askia Gold Limited (35% owned by MMO) Lion's major asset is its interest in Askia Gold Limited (www.askiagold.com), which has developed strong links between the Sierra Leone Government, principal Chiefs and local community leaders in highly productive gold production areas. The company is developing an alluvial gold project and has entered into various partnership agreements with a major mining company, investors and equipment manufacturers. It is projecting output of 25kg of gold per month for its phase one expansion which is scheduled to be completed during Q3 2014. It is expected that production costs will be 28 per cent. of output and scalable without increase in cost up to 60kg per month. This could be very lucrative for MMO:- Kg / month2560 kg /�27,15727,157 total � month678,9251,629,420 total � annum8,147,100 19,553,040 MMO %35%35% MMO � month237,624570,297 MMO � annum2,851,4856,843,564 Cost 35%35% profit65%65% Cost month � MMO83,168199,604 profit month �MMO154,455370,693 Cost annum � MMO998,0202,395,247 profit annum �MMO1,853,4654,448,317 yep COULD mean �1.8m profit per annum producing 25kg gold per month!! Also Maverick Petroleum (MMO own 7%):- Investment in Maverick Petroleum Limited The Company has invested approximately �68,000 in 7% convertible debentures of Maverick Petroleum Limited ("Maverick"). Maverick is an unquoted oil and gas company focused on late stage development oil projects in north western African states with a focus in the Republic of Chad. The company is under the lead of its Chairman, Mr. Lutfur Rahman Khan and its President, Dr. Waseem Rahman. Mr. Khan and Dr. Rahman are experienced oil and gas entrepreneurs who were previously executives of Arakis Energy Corp. ("Arakis"). Arakis, formerly a NASDAQ listed company, drilled some 70 successful wells which significantly enhanced the value of the Heglig and Unity oil fields in Sudan. look here - hTTp://stateoilcanada.com/chad_oil.html "State through one of its associated companies, Maverick Petroleum Ltd., has signed an Agreement with the Government of Chad to develop Sidigui Oilfield and set up a 10,000 barrels refinery" "Seismic data in the Lake Chad area was acquired in several stages. Three prospects have been identified in the Sidigui area. Two successful wells were drilled and tested in the Sidigui field. Both wells were cased and completed for future production." I cant find the % interest to Maverick in this deal. But assuming Maverick have 50%:- BOPD 10,000 $ barrel100 $ Rev per day1,000,000 $ Rev per annum365,000,000 $ Maverick 50%182,500,000 $ MMO 7% of Maverick12,775,000 � MMO 7% of Maverick7,665,000 BOPD5,000 $ barrel100 $ Rev per day500,000 $ Rev per annum182,500,000 $ Maverick 50%91,250,000 $ MMO 7% of Maverick 6,387,500 � MMO 7% of Maverick3,832

their results which i posted ages ago if you look back youll find it on the thread with everything else you need 2 know about the company there is plenty info there im not going 2 keep repeating it as the bashing crew just call it ramping gl,The info is well documented.

fonters YIP cash is way above mkt cap and ASKIA GOLD valuation is 15-20 x times current mkt cap none of their assets are factored in when this consolidated it was 15-20p,there is very little stock in free float and update due anytime. Look deep into ASKIA GOLD for the real value plus we have NWT coal AND MAVERICK PETROLEUM in CHAD/CAMEROON.

cant wait -))

gravy train leaving the building tickets available in small amounts but not for LONG

things will change here very quickly as that little spurt proved forget the NOISE

pull it down true value will be seen soon enough and the MARKET KNOWS IT.keep trying though LOSERS up we go

this is way undervalued never mind the bashers try buying ive been saying for weeks.-)) who are all these new posters

rerating happening

catch are you kidding Askia Gold valuation on there last update was £7m mkt cap here peanuts plus cash,im afraid its never been valued on its 3 assets when it is a rerating will happen .imho

AS Foretold 3 investments cash rich and investment valuations are mega especially Askia Gold