Member Info for Valuefinder

Elir- Alba needs to calibrate the pilot plant before they start working. Validating the process flowsheet is effectively just that, calibrating it to optimise the gold extraction. Someone put a post earlier (ajmj?) which explains it. But in plain English, they’ve calibrated it and if they get 20g/t from the pilot plant on a consistent basis, then you’re talking.

Happy to be corrected here, but that’s my understanding

Earthling - wow, that’s awful posting by you. You can’t buy class I guess. There is something about some Ggp shareholders which is quite hilarious, as if somehow they made the GGP story possible and as if somehow having a good chunk makes you better than the rest. Get a grip man

Ajmj - thank the lord someone understands this. People taking the 20g p/t and running with it like we’ve hit the mother-load might need to calm down a bit

Rainbow chasers are not good for any share

Billy - Barclays doesn't support trading of companies affiliated with cryptocurrencies. Madness. Just got off the phone with them. Does LSE allow trading of Mode?

makesomecash - you clearly are wound up mate. There is nothing in your post to say it was sarcasm. I am not going to read three pages of posts to decipher yours.

Mickey/Makesomuch - well, i have been here since the 1.90 days, and have 3m of these, having sold 3m the other day. But your comments are just ridiculous, and you clearly didn't go to college or study maths

Chrome - it’s baffling how people have no clue how averages work, and how the smaller the sample the less representative the outcome can be.

For those clever folks who kept going on about why the outcome would be different if sample was increased, think of it this way, you ask two people on the street whether they support Tories and they say yes. Does that mean 100% of the UK supports Tories?

Chrome - my thoughts exactly. Really p7sses me off this language. Did they send a bagful or well selected sample? Did they send a tonne, representative of the area? 20g sounds good but not unless we know how they arrived at the sample. Disappointing language, but hopefully this news will be seen as positive....

MisterPositive - successful posp and successful funding would send this to much much higher levels. I see this as a minimum £50m cap in the next 12/18 months, and minimum 2p on success of posp. That’s just my view though.

Re warrants - if they get exercised, then that’s not a bad thing as we will get more cash. We effectively know where the cash will come from if this goes to 1p. In my experience in other shared though, warrants get exercised slowly as the SP goes up beyond the exercise price, so you won’t get all of the warrants exercised in one go.

Onwards and upwards, and a 4/5 bagger from here in the next few months is my aim

If it was that easy to make £230m then everyone would jump on it. Just beware that this IPO’d at a price/market cap which had been scrutinised by those putting money in, so unlikely they got it so wrong for this to be too much higher. There is a lot of hype on anything bitcoin related now, but a drop in bitcoin (as it appears we will see today - btc futures are down right now by 4%) would also dampen that enthusiasm. That’s my view anyway

HighEnergy - Do you have a Smart Investor Account with Barclays? Mode definitely doesn't appear to be in Barclays, so can't buy it

Well, considering there is no news to have driven up the volume, I can only imagine what will happen here when the volume, inevitably, drops. Who's gonna be left holding the baby? Good luck to you.

can sell with ease at 0.09 now. Wow, this moved fast

Seems to me there may be a leak of some sort. This may touch 0.1 today

I certainly do, if the Covid trial is successful. Vela has more than than just Mode.

i will sell when they offer me 0.85....:)

lol. nice way of pumping ARB Bohoo. If bitcoin bubble pops, you'd better be out of ARB otherwise....

$180m is pocket change if they can prove they can get 10k boe per day. Not to mention the possible income from the frac sands..

https://ir.petroteq.energy/press-releases/detail/369/petroteq-energy-announces-that-testing-of-the-sand-tailings

I added a bit more this morning, and am excited to see where this will be at the end of Q1

It’s a non news this one unfortunately. I’d have like them to add a sentence on progress in Wales, but hey ho. Did someone know an RNS was logged yesterday with those larger buys, or purely coincidental?