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Good luck to those that have holded
-------------------------------
Yes, i helded
ffs H E L D
The value won't get sucked up on the warrants as you say. The value will be massive on JORC and indicated resource, look at the bigger picture the asset is worth multiples of where the sp is and that's it. Be in it to win it or miss out.
off you trot then .
Sorry 20 billion shares
Any value achieved will get sucked up with warrants.All trust in this company gone.Last post as no longer invested.Good luck to those that have holded
The way the placing has been done has left a bitter taste in my mouth. I’m averaging double at today’s price and that should not be the case with the future potential of this company. However, I can’t do anything about it and it’s not worth selling so let’s hope the next few news feeds are what we expect them to be otherwise LR’s reputation may take a hit.
I hold no share in this company which means my comment here is very much from an outsider. You all need to be a bit realistic, if the company needs money then there is no better time to raise money when the share value is still in good position, so this is a good time for the company rather than waiting few more weeks/months when the value may no be that great, I have seen many instances where the investors criticised the company for not raising fund when the sp was still good. You may be a bit disappointed the placing price not in the region you hoped for but there is always a reason why and we don't know. At least now the placing is out of the way. All the best.
Lr been on there today
@Oiltap.....I seem to recall something similar happened with the Williams TR1.....did'nt they sell just before a raise ?
Although I do not think they had warrants issued to them......
Must be one imminent (or in 2 weeks).....
Thanks for the advice DJ
Cobra
I like any situation where I can make a buck or two. Preferably quickly.
I can't see it sitting at this price for long though.
GLA and thanks for the imput.
In short, don't. Find an honest company (good luck with that on AIM, though).
Those of us stuck at EUZ have no choice but to anyone new...walk away asap I say. They don't deserve any more hard earned money. Let their city friends prop this up.
If you want sleepless nights, enjoy being screwed by the BOD, high risk ventures, put up with insider trading, RNS's that ALWAYS drop the SP ..... Welcome !!!
The insidious thing is, they cannot sit there and think that nobody will notice or they won't be found out.
So it must be because they know the regulatory authorities are mostly useless or take an age to even get round to looking into AIM. There has to be a network of these high rollers who consider themselves untouchable, aided by regulatory inaction/apathy.
This culture really needs to change.
Hello guys I've been keeping an eye on this share for a few months and seen it rise massively and then fall (ridiculously this morning).
Is this still worth investing in at this price?
What led to the crash (apart from a cancelled meeting/update?)
Insider trading Bobby......no doubt in my mind.
Ide say lot of us are 0.050 an higher average as we weren't privy to an info underhand convos lol...gla
"What id like to know is there a legit reason for cancelling this meeting?"
"I can't make it to London now." or words to that effect were fielded quickly in the Proactive interview.
How convenient. And honestly, if you think these people cannot sink lower think again. Justin Toothless left us in a shambles and then went and picked up a directorship at some space bike company! Full pay, holiday, fine dining and everything. Some of these people are absolute lunatics and I say with a genuine hand on heart, no drama, teengers could better run some of these AIM companies. With tonnes more transparency and honesty.
No probs Shed....I am trying to fathom out how he can actually face the public and do an interview knowing fully that insider trading has occurred.....my view is....perhaps he does'nt know.....even looking for excuses for him !!! :-)
My Dado once joked that it’s probably just some random bloke in a warehouse that’s hired some Spanish speakers to all pretend they’re doing some work. I’m at a loss now and if true what the previous post said that LR can’t attend a meeting for any reason (excluding loss of loved ones etc) then I’m done with this business and so should you all be
What id like to know is there a legit reason for cancelling this meeting?
Cheers all
Bricks not a put down but I think that's a bit far fetched. The drilling campaign went well and JORC is round the corner I admit I'm a little confused at the new strategy but LR has pledged to post what was meant to be his TP presentation this evening, hopefully that will provide more clarity.
P.s I don't doubt that some folk will still make some fantastic profits from this share.
Gla!!!
I accept the risks of A.i.m and some of the shenanigans of this lesser regulated index.
Certain boardroom decisions are being made at EUZ that are hindering p.i's from getting their money back .
For the initial amount of money that D.B invested I'm guessing (I don't want to presume) that a large number of folks on this b.b would/could have raised the same funds and would have been willing to re-mortgage to do so if they had been offered the same terms as D.B .
This is just my honest opinion.
Why have holders not been offered options?.
The whole charade stinks.
Gla
Oiltap, you speak well and with calmness. I wish I could do exactly that. I know I’m not nursing the same losses as many on here but it really hurts when the stinks of insider trading and underhand goings on. Illegal it might be but that’s what appears to have happened. If there is another surge in sp I’ll be one of the many sellers who’ll sit cash rich and wait for LR/DB to pull the rug from under everyone’s feet again. GLA cos I think we’re going to need it, especially with that coward LR who is magically too busy or otherwise engaged to attend the meeting tonight