Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
ππ€£π flooded, flooded with nothing , only aimx 57m and aqse a big fat 0 shares, not even the price of a half decent trade, 25.5 billion in issue ffs
record day over 6000m traded, with latest dilution that would be over 8000m to equal share base %
No big selling , likewise no big buying at the mo, all sitting waiting for the next news drop, that will induce volumes, to break free of this elongated 3 year ping pong low, once and for all. ππ€¦ββοΈ GLALTH
AB - Hoping to finalise all in Q2 (April-June) listen to no one else, the rest just random ballocks and guessing, hoping to say I told you so , on a broken clock prediction. π€¦ββοΈπ€¦ββοΈπ€¦ββοΈ
Better guide
flat or little movement , trading pretty even
large rise , buyers winning the day, forcing mm's to move the bid up to fill orders
large fall, sellers need to fcuk off
ππ€£
By the end of day status, trading probably pretty even for the day, the stats on 3rd party sites like this one , a waste of space every trade from the real exchange , rehashed and given a BEST GUESS , buy/sell/unknown label, many sells each day labelled buys and many buys labelled sells, zip and zero to do with MM/Market, just a dimbo algorithm punting a guess based on what it thinks is mid price and range.
The unknowns , not mm hocus pocus , dark arts or trades, just dimbo algo CHOKING, on anything exactly on its MID price, delayed trades , or now seen outside of IT'S current range.
It is what it is and all we have, as the worlds markets view all printed TRADES , as both a buy and sell, so why label, also turned down the simple modern tech fix long ago, to insert data at source, choosing tradition over tech, as they see TRADES as above.
eg you the buyer via dma/broker from an mm/floor broker the seller
we still have a higher mc than they do , its never about an individual companies sp , it is always about their value as mr market sees it, at the mo, it gives us zip and sfa value for all 3 assets, so a little out of kilter to any value.
many a market , upcoming drill company has reached Β£250-Β£500m mc's in anticipation of a strike, well cameroon is appraisal to production , not a wildcat, so should be credited with some value, Β£50m not exactly a stretch, compared to others in the past and recent market history.
cameroon , not a show stopper like some others boil tl drill expected december 595mboe - over 1 billion, sits Β£17m at the mo, market currently has a downer on junior exploration companies both oilers and miners, come and go in cycles and will change again , pre our drill , in the meantime, it needs ja to get of his lard **** and deliver , news not repeated
in talks and finance soon ad infinitum. ππ€¦ββοΈ
then watch it fly from the submerged basement, back to a company seen by the market, as having a bright future again, not just keeping a dim light on. glalth
We are still higher than them, its never about sp, its always about achievable Market Cap value, they were further in the priced to fail basement than we are, hence , more recovery, be interesting to see what happens tomorrow, if/when GBP reach parity with TRP MC, both rising on Namibia assets potential wake up call. π€
Both Namibian OIIP figures in at the price of a kids sherbet saucer currently per barrel, with Oil threatening $90-$100+ a barrel again soon, according to the experts. π€
Big difference this time is the LTH/Investors beginning of the journey , not just another traders shallow investing spike... π
need volume and news to move and breakout , today a paltry 95m aimx and a big fat 0 shares on the aqse
target to break the high , which is never sp , its mc which is Β£49.85m or after the latest placing dilution basically 0.2p
break that and this time on a something is happening, vice many a spike , something might, that have hit the mc high done another 100% then fallen on their ****s.
same again this time and that brings 0.40p into range mch +100%, as the hearing the herd will have heard, fully expect a following herd wind, to breach that, as all after 0.2p is blue sky breakout territory, when strange things can and very often do happen........... glalth π
He did say , some very interesting OFFERS already received from multiple parties, would not expect this , like many others to drag on to the wire, asset 595 mboe - over 1 billion boe (baron limited area or historic shell , both with upside)
Boil , currently still retain 60%, that's a lot of negotiating power in AB's corner, hence his confidence, we will be drilling in December with the Valaris rig. ππ
Rig was always on its way, we are provisionally in a GAP, kismet ? Timor Gap, between two big boy drills, INPEX and ENI, AB want's that slot firming up ASAP, hence the Q2 (April-June) target to get , non equity finance finalised , be that a sector funder, or he gets a free carry drill plus cash , via a BIG BOY farm in deal....... a third of Q2 done, news likely to come suddenly and out of the blue, in the next few weeks. ππ
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Probably more here for the prospect of South Africa and Namibia, teeny tiny Cameroon 4 years to late , to do what it was supposed to do, non confetti fund the company bigger assets.
As for funding placings a good thing, if done correctly , news progress , raise and raise again on a rising price, on delivery of milestones and targets, which JA has missed dozens, hence death spiral confetti, HIS only optionππ€¦ββοΈ
Chevron ceo in October 2022 said , we now plan to DOMINATE Namibian acreage, the Orange has been juiced, so can only mean, the Walvis about to get all the attention, in a land (seabed grab) , if Chevron moving, be certain others will be also, case in all frontier plays, they want to DOMINATE, others will try to stop them , with moves of their own.........
Hotspot Namibia, about to ignite......... π
said a while ago cameroon a side issue now, it was supposed to be turning revenues long before now, that would support our end on the much bigger south africa and even bigger namibia, lard **** has taken so long , they could now leave cameroons teeny tiny asset behind in the dust...........glalth
Always about mc not sp, they are still behind, a long way behind if JA ever after 4 years gets the finance sorted for our stable minnow Cameroon. GLALTH
Boil only recently started talking about non equity finance for its drill , hope to have sorted this Q, drill is provisionally in a slot in late December, Jesser has been its close , if not today by next week, since two Septembers ago, time he got it sorted , our drill a lot nearer likewise in a provisional slot , subject to finance in time. GLALTH
GBP almost caught us , TRP mc Β£3.91m and GBP Β£3.2m
see how Mr Market reacts once parity reachedπ€
Both rock bottom, both Huge Namibian acreage and leads....... GLALTH π€
16.64 Billion shares , think about it before silly statements.......... ππ€¦ββοΈ
Icon a few weeks ago burst out , the Market asked the question and suspended them (rto talks in progress) the fact we have not had anything before the US market open, feels a positive, update coming, no immediate S.T , π€π€π€π€ question asked and Mr M happy with the response........... GLALTH π€
Yes Mr Market will be asking the question, will it be RNA update or S.T, coming over the rns news wire ????????? π€
Both just kicked in again and ticking up, GBP 120% , Bod will have to respond, no recent company news release, Mr Market will be asking the question (RNA update or the not to be mentioned S.T should be coming GBP's way) GLALTH.π€
GB, others will follow Chevron , if for no other reason, than to stop them and their game plan announced in October 2022, on making a first entry into the Orange basin, the CEO stood in front of the crowd and said , I quote
"this is only the beginning , we now plan to DOMINATE Namibian acreage"
Orange basin at the time pretty much all snapped up, strong word DOMINATE, can only mean, Chevron planning to grab as much of what else is available on/offshore Namibia, before others, like all new frontier plays, others WILL try to stop them , making moves of their own. π
GBP in the past, linked with talking to BP about Namibia, BP remains the only super power, that has not yet piled into Namibia, who knows, maybe now they will......... π
Never about sp , its always about MC, GBP still only Β£2.63m MC lower than here, both in the rock bottom flooded basement breathing with a snorkel..........long way for both to any even small VALUE being factored in for huge Namibian assets. π