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APR , Rarely mentioned but still held. Concentrating on Zulu Lithium assets where there is progress albeit very slow. Regards Ken
Nice healthy bounce after recent deep drilling results as Hasties Deeps 'only' 350m down after punching a 660m hole in their first target. "multiple zones of brecciation and sulphides observed" and "assaying, ... expected within 6-8 weeks" got my attention. Rincon MCap = £4.4m with £1.1m cash and GUN holds 17.34%
RNS Drilling @https://www.investi.com.au/api/announcements/rcr/9b0cd6bc-f5e.pdf
Presentation May-22: https://www.investi.com.au/api/announcements/rcr/34749691-ecc.pdf
660m EIS co-funded diamond hole 22STDC002 completed at the Hasties Prospect.
? ‘Hasties Deeps’ target zones1 successfully tested with multiple zones of brecciation and sulphides observed.
? Samples have been submitted to the laboratory for assaying, with results expected within 6-8 weeks.
? The balance of the Phase 2 drilling program, comprising approximately 2,300m of RC drilling, will commence after evaluation and assessment of the diamond drilling results has been completed
I own Rincon in GUN and on ASX directly so I'm biased.
ATB APR
Wow PREM in profit ?! ... that is impressive especially as I lost faith in George Roach years ago after having so many promises broken and lots of my capital destroyed. I wonder if their share in that Potash deposit will ever come to fruition?
ATB APR
Hi APR,
Even my PREM is in profit Lol
@ken On the plus side Rincon popped up 50% on a 550m drill into Hasties deeps near NCM Telfer mine ... awaiting assays but looks mineralised
ATB APR
Worst performer in my portfolio. Despite tidbits of good news , nothing ever happens. K
It's a lucrative spread for brokers.
GUN the share for market makers.
Can sell 3,000,000 share at 0.53 but to buy 30000 0.58
https://twitter.com/roguebaronuk/status/1529428314884132865/photo/1
"Rogue Baron believes that by being the leader in this niche market for brands of its size, it will position itself as an attractive addition to investors’ portfolios and perhaps to other spirit brands looking to add a premium Japanese whisky brand to its offerings."
My best guess is (almost) complete lack of news or updates for RB ... not very encouraging for PIs
ATB APR
Also 3-4 trades this is over months and months…
Rogue dropped on like 3-4 trades no one buys it, just gets slammed down
Anybody have an idea why Rogue Barons share price appears to be in free fall? You can now buy the shares at a 30% discount to what Chris Akers paid GUN for his 3m. Recent distribution deals suggest the Shinju business is progressing, so is there an issue with the De Rhum Spot venue?
Otherwise, the various mining shares appear to have bottomed or have started to reverse (e.g. First Tin) so I risked a small top up last week. Need some positive info on Low6 to start an upward move in the share price.
That’s a shame but I don’t appreciate people who never post in a share then the share price is down and they get joy out of coming and spreading negativity.
We have over 1M cash that’s 0.3 alone. Most of the holdings are at 52 week lows.
Charger metals and low6 or new investments only likely near term share price movers.
yes I hold some and I added too many at 0.75. I bought twice in error and here we are at 0.55. My stupid mistake.
Barnet what's your beef with gun, if you don't hold no need to come post lol. Holdings taking a bashing recently but they will turn.
Been a while since I had shares here. Did anything ever come of that fastbase arrangement?
Apart from a couple of spikes....the mkt has no trust in GUN. Fair price now although much lower towards 0.3 would be no surprise. Not one to trust; one to hold for a spike and then get out.
we are unloved , then it happens in most sectors during the year.
Yes low value
I opened a position in GUN today through HL. (1.5M @ 0.695p at1 11:58am) This has not appeared in the trade history on LSE. From the contract note it executed on NEX Growth Market (which apparently is an alternative to AIM but not part of The London Stock Exchange.)
Not sure how relevant this is. In the short term it doesn't change the fact that the shares are cheap but the market's not interested. If you're looking to bottom draw your holding until this situation improves, daily trades/volumes don't make much difference. However anyone looking to trade these probably needs to be aware that the trade data shown isn't complete. This probably applies to a number of AIM shares, which is worrying.
I'll be honest I seen this a couple years ago and was kicking myself I never bought in then before it popped to mid 1p's so hopefully get a second bite of the cherry.
Reading a few rns it does seem undervalued
we`re all holding our breathas most of us are underwater. However, GUN is seriously undervalued, atb
Hey boys and girls, took a bit of a punt here based on the technicals today. Looking like very good value here
Chart has solid support around the 0.7p mark...should see easy 20% here in a week or 2.
Only put in 2.5K today but should be healthy
hence why invested
GUN just announced partial disposal of shares in Charger Metals to recoup initial investment of £93k so remaining shares are now effectively a free ride !
So 175k shares sold at A$0.93 each for £93k cash and "Following this disposal, Gunsynd continues to hold 2.825 million shares in Charger representing approximately 5.6%."
So remaining Charger Metals shares valued at A$2.63m or £1.47m versus GUN MCap of £3.15m of which at least £1m is held as cash ... this is now getting very silly low valuation!
ATB APR