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Having a data room isn't 'price sensitive'. The only price sensitive info is what comes OUT of the data room.
There's simply nothing to report just yet.
Literally tells you number of shares in issue on the front page. It is harder to not find that number. If you really can’t even find that for yourself, this share is 100% not for you.
Dirtywilly
Thanks for your input and opinion good luck
Chris
Chris; at a guess 20X today. But if I knew the answer I might even sell the house.
Hi
Any guestimation on approx SP on sale of asset/company, as I don't know how many shares are in circulation and I/m not good at maths sorry
CO
Yeah sod all this boring paperwork nonsense it's doing nothing for the SP. When we come to sell it I'm sure someone will part with £150m odd on the off chance they'll be allowed to mine it. I can just imagine the boss of Glencore saying "Now Laurence you have done all that tedious hydrology haven't you?" (Laurence replies) "Oh if anyone asks we'll just say 'the rain in Spain stays mainly in the plain', that always gets a laugh around here".
To be fair I can get 30 odd shares for a penny. The market does't seem to give much of a flying about all the paperwork. It wants to see and smell money - when that comes this will fly I am sure.
Shed quote: note LR has confirmed the data room on LinkedIn, don't you think if that had been at the bottom of the RNS we would be in the 0.03s by now?
______
If that were true, then why not put that in the Rns...price sensitive and must be notified to us by Rns?
So maybe in the Rns tomorrow, if not then i suggest they are delaying info for a reason. Mates Rates ???
Hi Shed. It also seems to me that certain groups of individuals seem to know what is really going on before us - e.g. share movement yesterday before RNS. The same bunch must know about a data room and knew long before us. So in short I don't think it would make any difference. The market is waiting for money. LR does't want to mine and at the mo we have no JV or buyer so this is some ground with holes in.
DaveJi thanks though I haven't made a prediction just suggested what I think is going on. Talking about FOMO earlier I note LR has confirmed the data room on LinkedIn, don't you think if that had been at the bottom of the RNS we might be in the 0.03's now?
OK Shed. Your record speaks for itself. I'll vote for your prediction and view. it does seem like we're always waiting for the golden egg though.
Also happy to top up and hold Bricks
@DW....I would not like to take the risk of being out when big news lands...like a sale or an offer logged...Happy to buy and hold :-)
Why are we buying and holding? This share must be a day traders delight. Sigh.
its only people leaving who realise they might have to wait another week for news who can't hold for 2 seconds
The sp reaction to this news is pathetic - small sales big drops absolute bargain basement for my top up thanks again the market. Totally relaxed about EUZ everything coming together.
Oiltap
It went through 3 to 330
10% profit takers all day pal
This will close as it opened in the 2's prob 280
Dave I'm sure everyone who is still on the sidelines / nipped out / waiting for a better entry will wholeheartedly agree with you! :) For what it's worth I also agree with you to an extent but I do think the market will move on publication of mets (massive risk reduction), also on possibly the announcement of data room and don't think a suitor will necessarily wait for completion of the drilling programme before making a move, particularly if there is competition.
disagree - with todays SP reaction, the RNS was just confirmation with what we already knew.....I think it will reverse and go back up again with people piling in again as they had done over the last 2 days
agreed
Dave, my feelings exactly.
OK here's me playing devil's advocate. The market is sure that there is an enormously valuable potential resource here. The market is sure the METS are going to be good. They're on their way....why is the market not pricing this in? Three excellent RNSs and nothing!!! The only way this is going to move is if the market smells money: JV/sale?? Until we that news the price is staying where it is. Am I wrong? Please don't shout.