Member Info for zapsnap

The re-rate will happen when it wants to. sometimes it makes no sense at all. LW has been pointing to funding being the catalyst.

The fact remains this has a £10million cap - its still worth a lot more than this even in the current position.

There are companies that are £15 million plus and have pretty much nothing.

We can argue when the rerate will happen until the cows come home. We can talk about dilution - MR has been really good with the money and no one can deny this. He has not given away much (if anything) by way of discount.

Peeps like fast cars - where there is lots of excitement and they are adverse to warnings. LW invested in OMI when everyone was telling him not to. Apparently he sold in time before it went down. He forgot to research it properly and see what the CEO had done in the past. BUT he has failed to learn his lesson about researching, he just saw a prospective share go down and now thinks everything keeps getting diluted to the nth degree before funding.

GLA

Hopefully will get past the resistance.

I do think there are a lot of shares in sticky hands. The free float is small. Doesn't require a lot of buys or sells to make this move

I've got just over 0.5%. Not enough funds to get to 3%.

10 million buy went through. I think we might see an uptick today.

I initially bought at 0.6p. this fell to 0.35p and i doubled my holdings to average down so i could get out asap. I just didnt think this was going any where at the time. Suddenly after the amazing news it went to around 1p whilst i was on holiday. Stayed put, thought once in a lifetime opportunity. Then the Friday before bank holiday i sold out at 1.4p. I felt sick over the weekend thinking what a silly mistake to sell.

The price should be much higher than it is - It just does not make sense. I should but back in but there seems to be some game playing. Ultimately this is going north but peeps like me thinking we might get a dip that might never come. GLA

Always great to see directors buying in open market

Earl wants everyone to buy FDBK so he can sell out there and buy in NEO! good plan

This is looking good. Lots of things to look forward to in the coming weeks.

LW - thank you for your response. I absolutely agree, everyone should be allowed to share their views whenever they want - its an open board. However, if you share your views, you should also be willing to accept criticism and accept scrutiny. I am sure you dont disagree with this.

I dont buy any more because I have over 1 million of these and I have a rule that i never go above 50% in any share. Otherwise anything under 5p, i would add.

With respect to OMI - you were warned about the CEO and his broken promises. You bought anyway and wrote glowing posts about the potential. You then sold and made a tidy profit (as you have stated). You now regularly write on the OMI board and bash the CEO (with the same comments that many LTH were making when you bought). why would you do that? looking for a lower entry?

why do you post the same thing on BRES almost on a weekly basis? Not saying that you are incorrect but just trying to understand your motives. I have been here for 5 years but i dont post every week ramping. I normally post on this board after you have written yours - just to balance things.

I wouldn't worry too much about LW. He does not research and offers opinions.

He invested in Omi earlier this year despitr people telling him not to trust the CEO. Read his last few comments and you will see how he has changed his position.

He will do the same here.

Risk v reward

Small mcap £2.5 million. potential huge. There is always the possibility of placing but the charts are saying 0.2p?

even if there is a placing this should be valued £5million today

Firstly i take no pleasure in seeing this go down to 2.75p despite selling out a few months ago. Back in April, i thought that this would stretch out till August - it was just a guess based on Brad and his past antics & the fact that they diluted when there seemed no reason to (given that drill, drill, drill was going to take place in May). 18 months earlier he had told us that newmont were keen to sign, that it was a done deal.

Anyway, it seems that we are no closer and Brad has proven once again that he is a compulsive liar. What makes it worse, he admitted that he has never achieved anything of significance either. Not a great sign for investors.

I am really annoyed because i wanted to buy back in because OMI is great. The people have screwed us and the company over . I have wasted 6 years following this. If i am not tempted back buying at this price, then i guess i never will unless Brad et al go. The trust issue makes it impossible to invest.

I wish the LTH the very best. I hope I am completely wrong and this becomes one those that got away.

Dont disagree with you. but we are all part of this foolish game and we dont leave.

No one doubts the resource; No one doubts the competency of the board.

The only question is when will the rerate happen?

I think that is a good position to be in?

I'm not worried about the funding either. Anyone who bothers to research this company and the board won't either.

The parties continue to work in good faith to finalise the details of the share purchase agreement and the negotiation of ancillary agreements that form the basis of the proposed transaction. There are no material changes to the terms of the transaction as set out in the LOI. However, finalisation of details and determination of the need for approvals will continue in August

LW - please do your research and then post. you come along and then provide opinions like you are some sort of expert.

You did the same with CMET and OMI - i was a shareholder in both.

its so easy to come on to any board and provide explanations for why something is not going up like:

1. this or that hasnt been done

2. could be a placing etc etc

people who invest know these things already. People invest because they see potential and value of a company whilst offsetting against the risks. There are risks here as there were in OMI and CMET - I got out of OMI and CMET: i thought the risks were too great, you did not. I could be still wrong about them, but i dont keep banging on about it when i am no invested and try to give the impression i am an expert.

I would say if you are looking for a quick trade or upset with small detail then BRES is not for you.

Only invest if you trust that we have a resource that can be sold on profitable & have trust in MR. if either answer is no - i would get out fast.

I am in because i trust both the resource and MR - DYOR. Trust in people is based on past performance and whether they do what they say. MR has done pretty much what he said he was going to do 5 years ago. How many CEOs do that?

Legal. i suggest you do some proper research. go back and read all the rns from the last 5 years and also listen to MR's interviews. youwill learn a lot.