Member Info for Awax

"now a minimal holding......" entitles you to subscribe for as many as you want. Apparently we are all doomed so nobody will subscribe, Jim's taking us private and Mark has a "Dome head" so there you go. Wonder how many of my 30p shares I'll get back in the Open Offer, then sell again at 50-60p?

Having sold out to what is now a minimal holding, I will be asking for them all back in the Open Offer. Perhaps those calling MC and the company can continue this morning, so that take up is low and I get every single share I ask for? Crack on chaps!

Has MC an offer of financing which is acceptable, but would rather sell? Flushing out additional interest as I think he said finance was 3 months or so? He’s giving bidders a deadline imho so who will blink first?

We’ll soon see some signs here. Was a little strange that MC was doing so many interviews based on his irregular appearances over recent years. Clearly looking at upping the PR. So when is he being interviewed next, as a prolonged absence might mean either we’re close to an RNS, or that he’s hiding? But apparently he’s in Nic, so somethings happening.

All with the benefit of hindsight………

Oh 11.49 and they've decided to mark buys as buys. Perhaps those wanting today's accumulation have finished for now? Very slowly will be the plan, but have they already started?

Just wondering what size of buying would show interest at 22p v66?

60p after 12 years is poor yes Connect, but if you were buying today as many are, it's not a return to be sniffed at.

CCC. the point also to consider is that Mark & Jim have got to be able to say they achieved best price for the assets. So it may be that we have had conversations around a buyout price, which is below what would be expected by investors. He has said before "more than £1".
Possible also that the timing of Jim's arrival was to stand with Mark after they found interest at xxp ( less than £1 ). Likely then that it's been put to Hannam as a means of being able to show they tried to flush out other buyers. Quite easily could be done by Christmas and perhaps Mark has had enough of the time and travels to SA and has a future elsewhere.
60p would do me nicely at this point.

Short term prices are often influenced by interested parties.........that's helped me accumulate more this morning, although again marked as a sale.

Hannam have the contacts and we can't rule out that they already have their eyes on substantial commissions from one of their approaches?

If we assume the geologist visit to site was to do with a potential buyer rather than financier, then an opening bid could come anytime. Share movements over coming week or so may signal intent, or someone betting on the outcome from the industry. The gold price recovery also works well for us. If the $2000 price looks like getting closer, then with an AISC as a positive some urgency may follow. I’ve been adding today though have been marked as sells.

sp still well below what First Majestic considered was a good deal for the plant

Thinking they want to put some momentum behind the sp before they consider any official approaches? Find a new base line for the sp?

Update imminent surely now?

Anything above Jim's average will put me nicely in profit........

Keeping an eye on things I think is useful……seeing how sp moves in a trend, size of trades, movement in sp compared to volume etc. Bit like studying form really…….and on cold non-gardening days how better to keep warm than by studying Casp ;-))

Strange how most of the large trades are unknown…..

Looking forward to more drilbits turning, more revenue and bigger divis

Confidence in the exec is key. We know O&G assets will be valuable as worldwide pressure on fossil fuel exploration will cause price rises. KSA limiting supply. So success whether shallow or deep, or with the rusty boaty drillbit, will sustain the dividend and ultimately reflect in the sp. When.......is the valuable lottery number.