Member Info for Aberdeenman

One last point BigHorse. With this being suspended there is little chance of many people looking at this board. I have not tweeted on this company for many many months. so the only people on here are investors (again the point of this board) or a few I or other investors have mentioned this to. Or those looking to attack others, cannot think of another motive for anyone else to be remotely interested, at the moment.

"a company with a 3.6m GBP " Should read "a company with a 3.6m GBP market cap"

BigHorse, For one I did not delete any post, Admin did as the posts breached the rules, and there was no bickering on my part, it was a one-sided personal attack pure and simple. Can I ask how long you have been invested? my reason being your comment about the BOD acting on behalf of shareholders. I can fully understand that, for those invested here for a long time, however the change of management (when I invested) ushered in a new chapter on this company as can be seen from the deal being done. to be honest prior to that I would not have touched this with a bargepole. We are at a different stage now, personally I think it was a mistake using RLH as a shell, a totally new shell with a clean record would have been preferable, but I can understand that brings a different set of challenges. Some people love me, some hate me, I don't give a toss, but very happy to debate what is going on positive or negative, but as I have said several times, as this is delisted no advantage to be gained, but it is healthy to have a good discussion, personal attacks have no merit. You should join the debate here a bit more, with relisting coming up it is useful having different viewpoints and many doing research. Until the prospectus/admission document is released there is a lot we do not know, but to go back to my earlier point, a company with a 3.6m GBP doing a 200m USD deal has a hell of a lot of upside (IMO) Really looking forward to crunching the numbers on this one.....

The other poster had no opinion or comment on RLH whatsoever, which is what this board is for. It was a purely personal attack, which Admin rightly took a view on and deleted. Debate on RLH is most welcome, do you have an opinion/comment on RLH?

So you are not invested here. LOL

Apologies, Delisted, not suspended. Still within the 6 month window for a simple relist though.

CTAG has already been discussed here, I said I met the CEO too late (after the event). I have met the RLH CEO and have no such worries. Also, this is suspended so nothing to be gained, ramping/deramping is pointless, this is just a discussion of potential. I think anyone can figure out a company with a 3.6m GBP market cap doing a deal worth 200m has major potential.

I really do not know for sure (yet) hopefully find out more next week. However, once the deal is done, I think things will move fairly quickly for La Luna. Assuming all the permitting has been achieved locally (I hear it has been) then I would assume they will get the open cast stuff up and running first. obviously some infrastructure will need to be done as well as plant ordered and delivered, but I would have thought they would have revenue next year.

Lot of variables we still do not know: Quality of the coal, and therfore it's selling price (I worked on 140GBP per ton) Extraction costs and profit - I assumed 60 GBP costs per ton Amount of Dilution - I assumed 10 fold Extraction rates - I assumed three stages, starting at 1.2m tons per year rising to 3m per year Works out at much more than 60m, but better erring on the low side. Figures could be out a fair bit, but one thing is for sure with just under 200m being raised, they will not be expecting earnings to be in the single millions....but dilution will be key, and for that level of funding I am working on us being left with about 10% Will be good to see the detail, but with a market cap of only 4m it certainly looks like they could be a big payday at some point.

Just to add, in case anyone casts it up, I had originally heard it would all be done fairly soon after delisting, however, as always things can take longer than originally estimated. Main thing is it gets done and on good terms. Looking forward to seeing the details.....

All depends on whether there is any ping pong with the takeover panel, but I expect relisting should happen next month

Might be worth reviving the twitter group now we are approaching relisting, before the trolls arrive. Anyone interested DM me on twitter aberdeenman@aberdeen_shares

130Mt at 140 GBP per ton = 18.2 Billion GBP They may not sell for that price into the local market and extraction cost may work out at around 60GBP per ton But the upside is vast There is a competent persons report to be included in the admission document/prospectus, so we can all do the number crunching from that, but as they will use both open cast and underground extraction it will likely be highly profitable and a decent life of mine. Could provide a pension for those willing to hold. Getting in on the ground floor really could pay off with this one.

all depends on their extraction predictions. Ready market for the coal and predictable price. as I said well worth crunching the numbers, we could all find that we could receive more than our original investment year on year. I would also expect the price will rise fairly fast so not too worried. As for buying us out, depends on those providing the finance as effectively they will have a large chunk of equity, they may be looking to dividend income not appreciation. For a project such as this I suspect that will be their motivation.

Just to add to that. Those supplying the finance will see this as a cash cow basically. Once up and running the mine will provide significant revenue and profits, that will produce dividends for many years. Those that sell for a small profit on relisting may well rue the day they sold for peanuts when high yielding dividends roll in year on year on those millions of shares they bought right back at the start..... e.g. my less than 2% even diluted 10 fold to 0.2%, if the company is making 60m profit a year (looks entirely reasonable for a project of this scale, but obviously a few years away) then dividends could be 120,000 a year - That is the leverage of getting in on the ground floor. We shall see what is in the prospectus regarding projections, but well worth crunching the figures to see where your own holding could take you dividend wise.

It could well open higher, just that the placing will likely be at that level. The MM's will likely use that as a guide for opening price, but it will then be down to supply/demand. hoping that there will be plenty of buy orders in from those scaled back in the placing, and that not too many will be selling. Personally I have a large holding, but will be keeping it for some time, as it is fairly obvious that with a market cap of 3.6m and a 200m deal being done that there is significant upside here. Dilution will determine where we get too, however even with significant dilution (got to be expected when raising the sums involved) those supplying the funds will not be like a Darwin selling into the market. This will be grown up big finance who will hold for the long term, therefore not likely to be a large free float. I own just under 2% of the company, and I am sure there are quite a few others with large holdings, and if, like me, are holding, the free float is reduced even further.

My 'gut' thinks it will relist somewhere around 0.25/0.26 But obviously the consolidation will make it a multiple of that, with correspondingly less shares. I am hoping for a decent rise, given the placing is oversubscribed, so some demand in the market, however, as often happens after a prolonged suspension many will want to cash out, so demand/supply will determine where we get to.

You most definitely still have a valid holding. Last I heard relisting is likely next month, depending on how long the Takeover Panel take rubber stamping it. Oversubscribed placing as well I hear, so hoping for a decent rise on relisting. With such a big deal and profit potential, should perform well in coming months.

I don't want to get into a huge debate over CTAG, but there were many factors involved, including as you say mistakes by posters, including myself, but when a share bags many times, phychology comes into it, and belief that it is/was a winner. The CEO did deceive, whether there was malice aforethought I doubt we will ever know. I have met the guy a few times, after the event unfortunately, and would not trust him as far as could throw him. There was also a concerted campaign to bring down the share (and company) by certain commentators, that, I subsequently learned, had a grudge against the CEO personally, that ultimately brought the comapny down, along with the CEO failing to disclose full information to funders. The fact that Amit is self funding the company now gives a glimmer of hope, but again not holding my breath. Back to RLH I have met Toby hayward on a couple of occasions, and for what it is worth, have full confidence in what he is doing.

Pretty much written off my 80k loss on CTAG. As I previously posted what can you do when a CEO lies and deceives? Unbelievable how one man can ruin what could, and should, have been a success story. Still a possibility for some kind of small return there, but not holding my breath given the ineptitude displayed so far. But on RLH it is a different story, very big deal, very large revenue and profit will be generated, and expecting many multiples of the SP in due course. Not long now.