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have a placing tomorrow but who knows??? . Are we barking up the wrong tree suggesting placing funds would be used for existing investments.Would XANTUS,NASHWAN and KALAHARI not be looking to raise funds with the help of BNR and not depending on us to provide that funding.What happened to all the due diligence? Initial results not even announced but extra funding required.That doesn't sound normal to me.I would like to see any placing used for new investments and not top up existing ones.Its not our job to provide money to bring any investment on line quicker imo.Thats for the investee companies to do with BNR assisting
Will have £2.1m by COP tomorrow Not bad for a company with all these assests and a market cap of £3m
Around 1 million in the bank and a very good portfolio with lith news any day. 3 million mkt cap your having a laugh :-) . anyone thinks some shisters are after our shares, THINK AGAIN
Put another way, if you knew the contents of a RNS on Monday morning you wouldn't need to try to influence things one way or another - the RNS would do its job on Monday morning when the market opens regardless of anything anyone says on here - active investors would have had an hour to read and digest it and act if they see fit. On the other hand there would be a lot of value in fabricating a story - especially if you thought (or knew) positive news was on the way having dumped shares on Friday. You could potentially create an reaction which gives you an opportunity to re-buy your shares at a lower price. My hunch is that if anyone knows anything they know there is positive news coming. I will happily eat my words if I am wrong
Agreed Rhys. What I can say is volume will be very good tomorrow
I don't know just trying to work it out
What splurting out on Friday evening once markets have closed saying its being released monday....so wheres the benefit of keeping it to yourself? Markets closed the whole time
You could say the idea of creating a panic only works if you don't have evidence. Because if you wanted to create a panic after dumping on Friday then disclosing the source of the evidence would be your best bet. Either way i'm not in the slightest bit concerned. I shall be topping up next week regardless.
If the person who started the rumour of a placing really did have inside information then what would be the value to them of blurting it out on here ? If you really had this kind of information would it not put you in a stronger position to keep quiet about it ?
Because i missed you :(
but you went AWOL.
Thought you were sticking to MKA?
That's a Lucian miers uneducated mistake
see what happens in the morning ( if anything ) and then look at the bb again, gla
Only one thing wrong with that post is the part about speeding up our COBALT asset.At the moment we don't have any COBALT assets.
Looks like we wont see you on this board again then
will come from KALAHARI
I believe that's what the funds are being raised for! If it's a good deal, this could be a huge positive. Let's see what comes tomorrow morning!
We don't have any cobalt asset yet but thing we will soon 👍
A small nucleus of current investors to raise £1.1m to speed up our lithium and cobalt assets. This was conducted and competed within a matter of hours on Friday Shows the faith the larger shareholders have who are in the know....
Lithium results are near term and certainly worth holding for. I have not been buying or selling off late, hence not updated tr1. I do believe there is merit in the rumours but it's not all bad
Smells fishy to me. Either someone thought it would be clever to dump a load into the close and then start a rumour about a placing to create panic OR there will be a placing and a value accretive use for it..... Cash position is already v strong relative to mcap and overheads low. Either way nothing to worry about and story remains same. Initial lithium assay results should be close. Not concerned personally and will top up if theres any dip.
for one am intrigued to see if there is any substance in the weekend claims by so called knowledgeable posters here. why haven`t there been links posted if things are a done deal because leaks occur and ass covering is the first thing that happens in such situations.
Taff is ok and oilriches as well although think the nutters are starting to influence his thought process.
No placing. Just rumour to encourage some to sell so they can buy cheaper. Don't listen to 90% of the posters on this chat board they are sneaky B A S T A R D S