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was a 60% Spread earlier - price dropped on minimal sales, market makers make a fortune out of this share
wait for placing news to see if you are really doomed or see if Lind / Darius do some miracle deal
wtf ..should have listened ..never again will i buy this share
i bought the last time at 0.14p ..got burnt ..but bought some at .00355 p on friday ..got a couple of thousand pounds to invest from hnr ..thinking of coming back in here .love to see it come back to 0.14p
I have a feeling Monday is going to be very interesting!
Still technically a busted company
The assets in the Accounts are for exploration costs which they can't monetise at present
a massive placing is due - its the price and how much for that are the two questions
the last two placings totaling $600,000 to keep the lights on will be at this next placing price
They can't drill any more holes until they conclude the placing so if you have shares, you have to be prepared to wait for this RNS in my opinion as this will be the basis for the next re-rate on SP - whether higher or lower than todays price i don't know but the two prime funders have lent to them at anywhere from 0.01 to 0.12 in the last 24 months, so be prepared to see a figure that could be double from here or a third of current price
bought in on this spike ..am i mad
We will be lucky this stays blue pal
Need more news on top of the last rns
Does anyone think it will go over 100% by end of close?
with over 16bn shares when fully diluted, SP should be 0.026 based on Net Asset Value
also factoring in the following:
The Company is in arrears with the renegotiated option payments schedule as at the date of
this annual report. Under the Revised Option Agreement options payments for 2016 and
2017 remain outstanding and total US$1,113,250. Option payments due in 2018 are
US$800,000; 2019 US$800,000; 2020 US$900,000 and 2021 US$500,000.
you need to wait for ext placing to see what price this is at, last two fundraising's will be at the next placing price, we will be able to ascertain how many shares there will be in circulation and make a fairer judgement call on SP price but way overvalued and very very high risk
All very well for anyone who bought in the .2's & .3's for many here like myself it needs % rises in the many hundreds if not thousands just for a recovery :-(
Here today gone tomorrow. With a loss.
As at 31 Dec 2017 Accounts
Cash & Cash Equivalents: £233,433
Total Assets: £6,759,827
Net Assets: £4,287,122
Current MC 2.7m
Share Price 0.04p
Now showing on top boarders list, this shall get some interest.
Loss narrowed from almost ~3m in 2016 to ~600k in 2017
60% up
Bought in 0.0003
can buy at 41
Early days lol
need a 500% rise to get my dough back
buys at 0.0474
It’s time to rumble up or down hmm u decide
It’s like a proper game of ‘Play your cards right’...higher....lower....”what a lovely audience”
This will open at whatever the placing price is at i reckon - whether that be higher or lower than the suspension price
The Directors of Herencia expect to print and post the Annual Report and Accounts for the year to 31 December 2017 (the "Accounts") during the week commencing 23 July 2018 and a further announcement will be made at that time. It is anticipated that the suspension in trading in the ompany's shares will be lifted thereafter.
Errrr it’s now the 30th !!!!!
Agree with that Amtech, It's getting boring.
.....this out a bit now.