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had a punt at 6p.Gotta be worth it?

Cash flow is the problem here. They have lots of land and some projects. Loads of debt and very little working capital. If they get a decent loan facility, ok may be ok but getting big facilities in this climate is er difficult. More placings at 1p in my opinion.

Where do you get 4 x profit. Too many statements on this board with no facts. People read these things, get caught up in it and part with their cash. These baords are for opinion backed up by reason arn't they?Luckily I made 40% in a few days as I saw it as a punt and made short term returns but it could have been a different story.

I'm out now of these but there was an article in the Daily Mail on Wednesday and it commented that PI's have hyped this share up where the experienced traders are unlikely to touch this due to the ongoing cash calls by way of dilution. Makes sense to me which is why I sold may remaining stake after reading it. GL to all as this is a punt at the mo

What a couple of rampers. Statements with no facts. The reason it went to 1p is that the bank pulled out as they had concerns who are a lot closer to the buisness than you 2. yes, it might come good but as things stand, we know about the planning permission in cumbria and south wales which is all well and good but cash is king and this company have very little of it and lots of debt. I bailed out at sevreal times from 1.11 and bought back in. Now fully out as this was and is a punt that has made me a good few quid but back up opinion with fact as I this may go back as quickly as it gained. I am not de ramping, just pointing out a few points with volatile companies as this is. GL for all that hold.

You could well be right and make a tidy profit. GL

At least some are sells not buys as I sold at 2.2p. Gut feeling is that this is due a retrace and looking to buy back in if it does back to 1.5p ish. If it goes up, GL all holders and at least I made a nice 100%!

The 100k at .61p was a buy too as it was mine! Just had a good read on this share and looks to have very good potential

The 3 buys of over £100k each says it all to me. Nobody takes a risk on a share with this market cap with such huge buys. Im finally back at break even and not considering selling as someone/some people know something....another bid? If I had some spare funds I would buy some more but with some other shares doing poorly, I am loathed to sell them. I will sit back and watch Gl all holders

Bought in at lower levels to bring average down and finally it has paid off. Out at break even. GL all holders

I'm with you. With diamond prices high and Stellar getting involved with a mine that has been loss making, this could be a great share short, medium or long term.Fingers crossed

The new 5p start price of shares is a 29% increase. Glas I bought just before suspension!

Not a clue. Only bought these a couple of hours ago on this pending news. Guess it will take a few weeks but happy to wait!!

Shares have been suspended until merger goes through subject to shareholder approval. Will re list under combined business so those that are in are in and those that havn't bought are out until re listed. Hope this will be good to those that hold in terms of future share price.

my buy of 20k went through at 4.29 not 4.25 but shows as a sell

ignore it. I put an order in 10 mins ago at max 4.5p and got them for 4.25p!

20,000 at 4.25p so there must still be plenty of shares