Register
Login:
Share:
Email Facebook Twitter

Looking for big risk, big reward investing? See our exclusive Pharma video series from 'Biotech and Money' Watch here

PHARMA: Peter Molloy has a successful track record of profitably recycling old drugs


Gunsynd Share Chat (GUN)



Share Price: 0.035Bid: 0.03Ask: 0.04Change: 0.00 (0.00%)No Movement on Gunsynd
Spread: 0.01Spread as %: 33.33%Open: 0.0375High: 0.0375Low: 0.035Yesterday’s Close: 0.035


Share Discussion for Gunsynd


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


riskassesor
Posts: 1,468
Off Topic
Opinion:No Opinion
Price:0.035
RE: Assets
Thu 17:13
sorry....my point was that this will be cash by now......so higher cash balance .....but as you say same overall net value
 
optimist13
Posts: 6,164
Off Topic
Opinion:No Opinion
Price:0.035
trade
Thu 16:37
Our 10m seller is still here I see. Clearly losing a lot of money selling at the current price given that the company is adequately funded now. And with the directors share purchases this year at higher prices, coupled with their options at a higher price, I certainly can't see there will be a further placing whilst the shares are at such a huge discount to the net assets.
Mr.Doubtfire
Posts: 22
Off Topic
Opinion:No Opinion
Price:0.035
RE: Assets
Thu 15:34
Duly chastised.
optimist13
Posts: 6,164
Off Topic
Opinion:No Opinion
Price:0.035
RE: Assets
Thu 15:24
Come on Guys, get with the programme. Net assets are precisely that, the balance of all assets after the liabilities.

The total liabilities figure which is included in the £3.2m net asset figure equates to £177k.

We have a very healthy balance sheet, coupled with the fact that we are not carrying any goodwill figure either.
Mr.Doubtfire
Posts: 22
Off Topic
Opinion:No Opinion
Price:0.035
RE: Assets
Thu 15:10
What were the Payables, as a matter of interest ?
riskassesor
Posts: 1,468
Off Topic
Opinion:No Opinion
Price:0.035
RE: Assets
Thu 14:57
op they had nearly 500k also in ...... Trade and other receivables 486
optimist13
Posts: 6,164
Off Topic
Opinion:No Opinion
Price:0.035
Assets
Thu 13:06
As at the 31 July we had net assets of £3.2m - see below, which included cash of £372k. With the imminent listing of Oyster Oil and Gas and the planned listing of Sunshine Minerals, the value of those investments should increase significantly. Our current mkt cap is £2m, which IMHO seriously undervalues the company:

Gunsynd Plc (AIM: GUN), has acquired the following investments as at 13 October 2017:

383,334 shares in Zenith Energy a junior oil and gas E&P company quoted on the Toronto Venture Exchange in Canada and the standard list of the London Stock Exchange with oil production based in Azerbaijan.
3,062,500 shares and a convertible loan note of CAD408,050 in Oyster Oil & Gas (£Oyster£), a junior oil and gas E&P company quoted on the Toronto Venture Exchange in Canada.
5,000,000 shares in Alba Mineral Resources Plc, a UK AIM listed company who holds interests in two oil licences in the Weald (Horse Hill and Brockham £ PL 235) as well as a number of mining projects.
A 2% interest (being 20 shares) in Horse Hill Developments Ltd (£HHDL£), the 65% owners and operators of onshore exploration licences PEDL 137 and PEDL 246 (known as £Horse Hill£).
275,000 shares in Integumen Plc.
6,058,599 shares in United Oil & Gas (£UOG£), an independent oil & gas start-up established in 2015 by a former Tullow Oil Team.
A 10% interest in Brazil Tungsten Holdings Ltd.
1,110,000 shares in Sunshine Minerals (and a loan note which can be converted to give a total stake of 20%) which is a private company that has been granted a prospecting licence over Tausere (bauxite) and is applying for the Jejevo prospecting licence (nickel) in the Solomon Islands.
optimist13
Posts: 6,164
Off Topic
Opinion:No Opinion
Price:0.035
RE: Found this on the oil in madaga..
Thu 12:02
Firwood, the new Airborne Full Tensor Gravity Survey should offer unsurpassed detail of the area and be a critical aid in assessing the investment potential and reward. Purely guesswork on my part, but I feel the results of the survey will be a key part of the admission document.

At the end of the day, if the listing has been delayed to accommodate the inclusion of this new information, then I feel it will have been worthwhile.
optimist13
Posts: 6,164
Off Topic
Opinion:No Opinion
Price:0.035
Reminder
Thu 09:31
Once Oyster lists, we will have circa £900k invested at cost, plus a bucket full of warrants. It is also worth remembering that our initial investment was at CAD 0.20.

I would be very surprised if the listing price is not in the CAD50 to CAD60 range, if not more, which will yield a significant upside for us.

As I said yesterday, a successful listing could see our investment in Oyster matching out current market cap. Go figure.
Firwood
Posts: 1,092
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.035
RE: Found this on the oil in madaga..
Thu 09:28
Would you say Oyster are waiting for the results of the survey to get their cash in for the listing or to announce listing along with the results to bolster interest




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.