Member Info for wiltshireman

in Red Rocket seems to be doing OK again. What with likely news on that front and Wizard Zak looking through sheep's entrails we should see a likely target figure for them of 2p too. Not advice of course just chart mumbo-jumbo of course.

Curn - that is because the day trader vultures are still circling overhead and watching and haven't spotted it yet. Once they do others will join them and move in for a feeding frenzy. They will of course be instant experts and talk gobbledegook to each other about their amazing and breath-taking trades that they have executed. That's what happened with Greatland and I think we will see a repeat performance. As long as it sends the SP sky high I am very happy for them.

Thanks for the heads up Stout

with no spikes thank you very much

Easy peasy to DYOR these days Sanibel e.g.
click of a button
https://www.rrrplc.com/projects-and-investments/gold/red-rock-australasia/
tells you most of what you need to know (apart from the usual smoke and mirrors that are always present on AIM)

Andrew Bell, a 'Marmite character' is the Chairman of RRR (Red Rock Australasia has bought up good Victoria gold field concessions cheaply recently ahead of the rush) and is also exec chairman of our company. Draw your own conclusions and DYOR, its all out there and Paul Johnson keeps us all well informed on the nine projects.

by the end of the week /early next week. IMO yes and that's without good news. The spread of this company's projects is impressive and deserve a market capitalisation of 2.5p surely just on the prospects alone? Victorian gold fields and the sentiments and excitement surrounding that part of Australia alone has to be worth something. After all that is what AIM is about and this one certainly ticks all the boxes. Leaps of 15-20% as today are plainly realistic in such a scenario. This could be the next Greatland once word gets out there.

Gold is gold doesn't matter where it comes from . Granted Americans wet themselves over Royalty so I guess there will be plenty of marketing opportunities there. I bought Clogau earrings for my wife many years back and couldn't believe that the company hadn't exploited all this historic c**p worldwide already but then this isn't America and they seemed to have been more proud of their jewellery designs than the historic and Royalty connections , up till now of course that they have recognised the uniqueness of where the gold comes from. Probably this operation wouldn't be viable in other parts of the world given the difficulties and small scale but for this uniqueness of the product and where its mined. The gold price has really helped us.

Quote
Our portfolio has nine projeccts in total, three described above. It has been assembled over 20 months in 2019/2020 during some incredibly tough conditions in the junior resource sector. The outcome is that Power Metal now has a project portfolio that ordinarily a much larger company would hold and we have a much bigger vision for our Company than the current market valuation would imply.
It will sink in initially slowly once the market comes to recognise the opportunities here (as it did at Greatland) despite some major setbacks in drilling programme and they didn't have NINE projects).
Ultimately the way to major valuation uplifts is through large-scale metal

I think I have heard all these stories about gold for the last 15 years. Maybe just maybe with the Trump magic and the pandemic chaos it might become the gold haven promised land but I am not holding my breath. IMO we have to get back up over $2000 and stay there for a few weeks at least. GLA

and we are topping the 1.5p for the end of this week so 2p here we come. Must be true cos Zak says so. I just wish I could get a preview of his heroes before publication and I could make lots and lots of money on the AIM casino.

get and weave some more magic spells for us. Latest mumbojumbo predictions for 2p suit me fine but lets see if you can predict 2.5p for us on your BBHs next week. Anything you predict seems to be a self fulfilling prophecy these days.

But the man says Charlie was the most popular of all the past podcasts so it doesn't say much for the others. zzzzzz......

Nice change from most of AIM. First one in my long years of investing that actually speaks directly to his shareholders. Before Twitter etc you were still lucky if you got any meaningful information from companies. As much as to say this is our business what's it got to do with shareholders. Thank Gawd that attitude is fast disappearing. And the brokers used to think they were God's gift.

https://www.proactiveinvestors.co.uk/companies/news/931445/oil-price-union-jack-president-touchstone-gms-and-finally-931445.html

Not for a little while though, the locusts have flitted away for the time being. AIM casino runs on hype and guru pontifications unfortunately. Fundamentals seem to be ignored but personally i believe that this is a shaky one anyway so not putting much of my dosh in it.

was being discovered now we would have all the doomsayers and de-rampers on here saying the same things. It is the biggest onshore oilfield in Europe and still producing 50 years later. Where are the exports that will replace our depleting North Sea (expensive) oil production? I'll tell you where. Onshore under the UK and low cost.

in keeping with the company policy of picking up cheap acreage strategically placed for 'low cost' exploitation if there ever is such a thing in oil exploration. Onshore production costs at $17-18 a barrel in past quotes close to essential infrastructure is extremely attractive. I think its a great move and complements everything that has been done to date. Just keep COVID away from operations that's all I ask.

David Bramhill, Executive Chairman of Union Jack Oil plc commented: “North Kelsey is a low cost, drill-ready onshore acquisition for Union Jack in our focus area, consistent with our strategy.

“The increase in our interest to 50% increases our exposure to this potentially value adding project and expands our balanced drilling and development portfolio.

“North Kelsey sits within our focus areas of the East Midlands, Humber Basin and East Yorkshire and is on trend with our Wressle oil development project which is on-track to produce first oil later this quarter.

“The acquisition of this additional 30% interest has been executed on attractive terms without any promote and will also deliver additional savings by removing our previous farm-in carry obligations.

“Subject to a successful farm-out process, North Kelsey-1 is expected to be drilled during 2021.”

I hope he hasn't got a cough

Particularly
The Operator estimates that the Prospective Resources range from 4.66 million barrels up to 8.47 million barrels of oil, with a Mean Resource volume of 6.47 million barrels.

Maybe we can look forward to the big man Dave bigging the acquisition up in the media today. Something to get the momentum back again in this moribund SP.