Member Info for zebbo

for sure, this has not really been tradable for weeks. Lots of punters trapped. They will either sell at a loss or wait for news and we see a sea of selling. Shame the MMs have strangled any trading which is key for liquidity etc

Enterprise value now ~£15M........joke over

is interesting. Looks like they have hit the big time with China. Question, wonder how the HZM Tesla talks went
Looks like they will need an ever growing supply

"According to Rystad Energy, there has been more than £4.2bn of M&A activity in the UK North Sea this year.
Some of the defining deals have been the exits of US firms like Chevron, ConocoPhillips and Marathon Oil, selling to Ithaca, Chrysaor and RockRose Energy respectively, and there is potential for more on the horizon with Exxon reportedly planning to leave."

https://www.energyvoice.com/oilandgas/north-sea/213535/dealmakers-look-ahead-to-big-year-for-ma-in-uk-north-sea/

Will this be a separate mine in its own right or a feeder / expansion of A or V

everyone had their shreddies...lol

just MMs making a few quid

Reckon we will have a 2nd production deal by the time we get actually get Ruvuma news. My guess is late Spring before we get Ruvuma license

I would not rule this out, if value is not unlocked.

Funding crises and asset chasing
..... sector’s juniors, which could be facing renewed acquisition interest as part of a funding crisis in new project exploration.
Money that used to go toward small cap miners has in recent years been diverted towards new speculative plays such as cryptocurrency and cannabis, which many private investors now see as more attractive than exploratory mining projects.

However, this lack of investor funding means larger players in the mining sector are now going asset chasing.

“[The funding crisis] has led to a massive reduction in exploration spend,” Potts says, however, as the need for new resources becomes more acute, he expects big-cap miners to take a more serious interest in the potential of smaller firms.

“With the reduction in exploration the good assets are going to be more keenly fought over”, he adds.
https://www.proactiveinvestors.co.uk/companies/news/908371/sirius-minerals-could-bid-for-gold-digger-centamin-pave-the-way-for-rescue-of-potash-miner-908371.html

IJT, correct on both counts
Carapa, is not on ECOs block. So what is its dry, Exxon have hit oil in the same zone. Dry or strike, no big shakes from an oil perspective. The only consideration is where TWL focus their energy going forward. Dont think Total will be pleased if TWL put Orinduik on the back burner...corporate action will follow IMHO

Be better if Carapa is dry

Why do people feel the need to have additional comms / hand holding when the SP gets hit

We know what the plan is, come back in 6 months... Feeling uncomfortable, sell up and move on

Step back from the short term trader panic .
We are not that far away from the business case numbers. We also have a lot of time on our side and are looking so cheap based on where we are with funding / plans etc.
Take solace - Im 20k underwater, probably like a lot of other investors / traders. Ive been in this position many times and many time my investment has come good, having done the appropriate due diligence I remain relaxed

few punters panicking this AM. Bit late now...lol

The BoD have a lot of legal and admin work to get through to make this happen. They are not in a factory producing widgets
Some people have no idea....

Any ideas when the majority of Ni producers become lose making ?

Our BE is just under $8k per tonne. So we are still good at todays price

Cannot believe the MMs keeping it down on a sea of buying

Where / when did they say Q4. I have heard it banded about, but have not actually seen it stated anywhere.

Assume you refer to calendar Q4 not a financial year Q4 (Jan-Mar)

More like Total

Lol....Im down 5 figs, but confident of the final outcome, so remain unphased by the current SP. This is one of my long term investments