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I don’t want to start any hares running and it is ridiculous to sit here and bandy around what other people should do with their money but nevertheless I will. What about JB buying spending £100m (buying bonds with a current face value of £200m). He then converts his £200m bonds into stock at say 50p (200m / 50p = 400m shares + existing 475m shares = 875 shares) giving him 46% of a restructured company (plus whatever he holds onto prior to deal). Works for me although in this fantasy land in which I am writing I would prefer he converts at £1.

I didn’t see he but RNS confirms yesterday’s sale.

I certainly hope that GC does no such thing - with all due respect to JB he sold in the market and that hurt, when he buys he should do so through the market without in the normal way. I would be more than happy he if bought up the debt (cheap) and then converted that debt into stock - that is all good but no warrants thanks.

Order you test now to reduce your quarantine time when you get back. I suggest ODX for very biased reasons. Have a good trip.

Just caught up. Clearest indication yet that JB intends to buy back in, he has absolutely confirmed it. I get the feeling that GC may try and persuade the board to tear up the shareholders agreement - certainly in the best interests of the company - if the board members he disapproves of agree and step down there is no need for a vote, if they will not leave a vote will force them and JB will press to pursue them legally which might otherwise be avoided. At what point JB will begin to buyback depends on the action of the outgoing board members - the price will have to rise in anticipation of this and during the buyback. ATB

I have both - TILS COVID action is currently secondary to the Stem Cell news - split sale - news promised by Friday.

Don’t forget we can also expect that our new Chairman will be buying although he will probably wait until his appointment date to announce - I doubt he will be buying 3% and I do not believe he will be obliged to report until then. Hold Hard.

Hi Manifesto - I can understand the dips the SP has come a long way quickly and you cannot blame people for taking profits. I have no fear of a peer review our Directors are scientists first and foremost and have worked on this for 15years - they know what they are doing and the recents RNS’s prove that the wider market are keen to come onboard. I also expect more RNS’s to come. I am also very pleased that they will have professional guidance in executing the sale that will surely come. If you believe in the BOD, the company and that their work could very well be a game changer with the virus then relax (as best you can). If you are invested but answer no or unsure to those question then sell. ATB

Peer review is actually a big deal and when we achieve it you will see that by the rise in the SP.

#metoo

I bough in here in the 60’s sold in the 80’s watched it fall to 40’s and would have bought back then if not distracted by other shares. I have now added again in 80’s but I fail to understand why this well run, debt free, gold producing, environmentally friendly miner is not benefiting from the constant rise in the gold price which is so benefiting other miners. What am I missing here?

That may me sit up - Excelsior!

You are a b-gger HH - I felt really bad for you for a moment then I remembered you like the odd pun.

Apologies itsagame your link certainly identifies 5% - it was always 10% - things change and I evidently don’t do enough homework anymore!

HH - I would rather he keeps adding to 10% calls a vote and then we can all back him. Once he is CEO he can propose the shareholders agreement is set aside and JB can stop selling - if he does not get board support for this then the vote can be called, JB will continue to sell done to 10% during the notice period and then we can all vote to secure the company. I am pretty bored up by the news and may well have to add - you?

I am pretty sure you need 10% to call a vote itsagame.

I know, second biggest riser in the market - shocking!

I agree Yuri and I would not be at all surprised if we now get two RNS’s per day one from JB selling and another from GC buying. ATB

GC increased his holding to 6.03% - hopefully we can start to rise now.

Well my £1.80 today didn’t arrive but I can’t be doo disappointed - rethink it tomorrow maybe. With the DOJ case resolved and a pile of cash on the balance sheet what are the chances that the results will also announce a special dividend?