Member Info for zatcha1980

Its a gift at this price. Happy to buy and wait for JV to come.

Directors took part in placing around 14m together. The Thali prospects in Niger Delta is what interests me. As there is several parties interested can see this rise back to 6-7p on JV news.

�3,355,314 in cash vs Market Cap of �2m worth 3p.

by end of Friday.

seems to be last of the Seller. Target 20p next week

and yet struggled to buy all day. MM happy to buy from PI close to ask price. Bodes well for next week

Yup and yet still difficult to buy.

Even at 14.50 - 15.00 still cant buy any. Yet can still sell close to ask Price. Im 99% sure now that the buyer is behind the scene.

Even at 14.50 - 15.00 still cant buy any. Yet can still close to ask Price. Im 99% sure now that the buyer is behind the scene.

at 15p. :)

It seems any sell (giving at a premium) is being mopped by someone in the background. Very Interesting.

Can anyone else buy?

Yes Mate. Better than others ive seen on AIM.

Small sells followed by decent size buys

to those in. Not for me

Not sure however during the listing they only had placing of 30,260,870 at 5.75p and Admission to LSE (not AIM) of 184,963,840. The Money raised to be used as follows: Maximum Net Proceeds GBP 1,734,766 1. Repayment of RMX debt facility/Stage 1 B GBP 830,760 2. Funding 25% of JV Stage at BGP over 12 months GBP 69,240 3. Board and Management Salaries GBP 332,940 4. General and Administrative � Company GBP 405,679 5. Working Capital � WTMR GBP 20,007 6. General and Administrative � BBMV GBP 13,140 7. Repayment of the Bishop-Tarr Loan Facility GBP 63,000 Not much shares in freefloat according to Holding: Oyster Trust Monza Capital Ventures LTD > 27.5% Vistra Trust Pte Limited > 3.11% Harwood Capital LLP > 9.87% LDOA Holdings > 19.58% Red Mountain Mining > 4.7% James Hay Pension Trustees > 3.65% Christopher Search > 3.04% Total = 71.45% The plant is set up and operational. We are currently assessing the efficiency of the operation and training staff to ensure a quality product. Steady revenue should be generated within 6 months of the listing. Why the Main Market not AIM

This was 4.25 only 2-3 weeks ago. So Im expecting this to go back up to that level before next RNS which i believe will be in next fornight IMHO

Bought in today on the drop. Looking at past RNS and yesterdays ORE Supply Agreement of 20,000 and further ORE Supply Agreement this is a no brainer at current Price. Bottom end of $550 per Ore = $11,000,000 on 20,000 ORE Supply Agreement.

It will come.

just the way i like it