Member Info for Babbler2

Hmmm nice finish... Will I get one last cheap top up Monday? Damn...

does seem a lot of 250k buys there today however...

It keeps getting ramped on the twitter feed... lots of it... seems some want price back up to sell. imo. Might get it if enough try hard enough. lol.

Surely historic prices are pointless here as it will be a completely different company / shell...?

Whilst not an AIM share it certainly feels like one atm... hopefully the early birds will get the worm... news must be close...

yes - you need to take the new shares into account. mcap closer to £10m. If not issued the company will be foo barred. They must have been fairly desperate to go for 2p. Its a traders share now. Be careful. imo.

This looks very interesting:

Galaxy is planning to commence the process of listing on the BSE during 2019. The term sheet signed between Galaxy and IGL requires both parties to work toward agreeing a joint approach to this listing opportunity, which may result in a merger of the two companies if a suitable valuation framework can be agreed. The board of Panthera considers the potential for having one of its subsidiaries or listing some or all of its Indian assets on an Indian exchange as highly attractive. It will more strongly align Indian capital and investors with the success of the project and allow greater participation by Indian investors in the success of the Bhukia project.

If you had the funds then yes... or holding... but the new placing shares will be sold as we speak (forward selling) imo. So yes - if you vote no then its a short squeeze but doubt that will happen.

Nice - well done all who took the gamble this morning... still feel the long term holders were shafted. But guess they had a chance to sell yesterday...

At last available accounts Anglo had NAV of approx. 3.5m in 2017 - 15% owner of that. £525k. Likely more now?

Exactly... and Im pretty sure Galaxy will be aware of this...

The Stage 1 investment implies a valuation for Panthera's remaining 95% interest in IGL of US$9.5m (GBP £7.5m; A$13.2m).

The Stage 2 investment implies a valuation for Panthera's remaining 90% interest in IGL of US$13.5m (GBP £10.7m; A$18.8m).

Panthera's market capitalisation currently stands at approximately (edited to reflect current MCAP of £6m - was 0.88 at time of RNS which was just crazy!) , which incorporates its share of the Bhukia JV, its three highly prospective west African gold exploration projects and its approximately 15% stake in Anglo Saxony Mining (which is currently advancing a preliminary feasibility study of the Tellerhauser Sn-Zn-In deposit in Saxony, Germany).

CHEAP! IMO DYOR ETC.

Bladderman:
"In addition to the Placing and Subscription, the Company considers that it is important that all Shareholders be given an opportunity to participate in the Fundraising and is providing all Qualifying Shareholders with the opportunity to subscribe for an aggregate of up to 200,000,000 new Ordinary Shares ("Open Offer Shares") at the Issue Price per share"

= 390M. NOT 190m

MCAP Is not 700k! Stop misleading new people. imo. No Im not short no I don't want in (easy enough) but don't like misleading new people.

MCAP on LSE is incorrect... you need to add 360m shares. The new mcap will be based on 388m shares = £10m mcap.

Still hard to buy despite being around 8x the year low. But still 1/2 the IPO price!

Looks like the vaster has spiked a few again this morning... dear oh dear. Yes I liked it a lot higher up but learned... the hard way.

Assets are not worth 32p when they release the new 390m shares. Be careful imo. Might get dead cat bounce but this has peeved a lot of investors off.

It allowed a few "in the know" to average down on the first news and get back out at no loss imo. Some PIs like yourself managed to take advantage. Well done!

VAST - Guess market doesn't like Bergen so seen as good news! Out they go... up share price booms!

Always great to be offered 1 in 7 at placing price... when the price will drop to near placing price anyway. Sorry for all long term investors here...

Those who bought last couple of days... knew the risk (or should have) of an unknown materially discounted placing. But 2p is taking the biscuit imo.

if it wasn't the staffs jobs at risk etc on the FLYB - if I was a shareholder Id be voting NO just to ensure the bod don't get their way... but then that's a moral dilemma. 1p or nothing - most have lost too much anyway already so would just vote no to kick em in the teeth... if it wasn't for the staff... imo.