Member Info for Allthatglitters

It has. The share price has dropped off a cliff as a result.
But I just mean that he dumped his remaining shares today comeonvog.

Highest vol in the last twelve months was 5.5Million. Today: 10.2Million already!

Woodford Funds still holding.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=UTW&ArticleCode=p5gp71ob&ArticleHeadline=Amendments_to_banking_facility_agreement

May be the best you're going to get.

Certainly accounts for a lot of the fall, yes. He had 6% of the shares in issue and has dumped them all today.
Brendan Flattery is the new CEO.

The one that left.

Looks like he's sold out with that final 4.7M flourish.
I'm back in.

Yeah. I bailed on my 9.28p buy just about in time.
Should get a TR1 showing him below 3% shortly.
That will probably be the time to buy back in.

The ex-CEO is selling out as quick as he can.
I may have caught a falling knife here...

Well, I've bought some. At 9.282. Pretty ludicrous spread.

Nice buying.

All looks good. And this without any news (aside from the usual GM RNS). Think this one could get very popular very quickly when there's news to announce.

Cool, ok so if we are to say that the drilling program at Dorothe costs (for example) £20M over the first 18-24 months. And Ghana's another £5M. Plus working capital. So, say, £27M. Already £3.5M in bank.

So, the company requires £23.5M funding over the next 18-24 months.
You'd hope that, in that time, the company would sell a % of the Cape Coast pf. Hypothetically, that might bring in £10M.
Of the remainding funding gap, 60% is already assured.

So, perhaps £13.5M at 31p = 44Million shares.

Back of fag packet calc says that may do IRR for next two years!

Definitely! I think (hope) that Friday was the bottom and we should see a sensible move rebound to around 6.5p now.
GLA

Friday's close was 4.95.

You need to use the closing mid price, not the final trade price or you can't accurately judge the situation.

Today we were up 2%. It's the first blue day since 18th October, amazingly.

The close was 5.05. It even says so on this page.

You've not been doing this long, I take it?

We're up 2%.
You need to look at the actual share price, not the trade price.

https://www.proactiveinvestors.co.uk/companies/news/208531/goldplat-surges-as-partner-ashanti-gold-exercises-earn-in-option-on-anumso-project

In for a punt. Not a lot happening, but hopefully some PR on this should flesh it out.

Yeah, that looks good no?
How much does the company earn? $1.5M

It's showing the correct spread.

Paying over, again.

Hi Eish,

How's things?

I'd wager the drop stops at 3.80 historical support, if that helps?
I'd be tempted to punt on a reversal there, back to maybe £5-5.50

Would give bod authority for a 'private placement' of maximum 15% of current share capital. Around 44 million, within next 12 months.

Do we feel that would adequately fund Ghana and Dorothe drilling?