Member Info for blakeney

My only blue stock today, hoping for some decent results next week.

Cheers for that BB, good interview with AW as usual.

If you are intending to accept the offer it is probably best to wait until Halifax advise you of the options available. It would be pretty poor of Halifax, or any other broker to leave you without any trading facilities in order to exit post the takeover by which time I am 'hoping' that Newfield shares are eligible for settlement in the Crest system, which would make life a lot easier for all Stellar shareholders wishing to accept. It is more to do with brokers having the facilities to settle trades, i.e. affect the required transfer between seller and buyer, than actually trading, brokers quite rightly will not enter into trades they are unable to settle. You would however expect the likes of Halifax to have access to a global custody provider with a Chess account (Australian) from which transfers can be processed. The position for shareholders with stock in their own name (hold a certificate) rather than having it held in a broker's nominee company name (ISA, SIPP etc) could become a bit of a bind due to a lot, if not most, brokers shying away from Australian 'paper' trades which add another layer to the settlement process. Under no circumstances would I personally hold any Australian shares directly in my own name, I do however hold Stellar in a SIPP account and intend staying on board the Newfield train for the foreseeable. Hope this helps (and makes sense !).

.......modest director buys wouldn't come amiss, would help to endorse that 'the claims are without merit'.

Likewise, bought at 1.57p. About �300,000 involved I believe so the price drop looks overdone to me, let's hope this issue is resolved swiftly so that we can move on.

Oooops, thought this was all done and dusted, probably been the reason for the depressed share price recently.

Cheers Chas, I'll check it out but see how the takeover pans out first. I like the combination of gold and diamonds with Newfield. GLA

Beginning to warm to receiving shares in Newfield, their current projects appear to be about 60km from Tongo, (only a guess using a small scale map), and they recently voluntarily surrendered two exploration licences in the area (probably just coincidental). I was looking for some exposure to gold and this could prove a good entry, subject to how things pan out I'll probably keep 60% of my current holding in Stellar and sell the rest. Getting a London quote would be handy, as would becoming Crest eligible (dealing costs etc). A few board readers staying up late tonight no doubt !

I wouldn't dismiss Stellar just yet as I reckon things have been bubbling along for some time now. The last Open Offer intrigued me, with the basic offer being poorly subscribed to, whilst subscriptions to the excess entitlement offer resulted in the overall position being oversubscribed. At first glance I like the look of Newfield and subject to the takeover going ahead will probably keep hold of about half of any shares I receive. No predictions though !

Will have to have a gander at Hottinger later, probably nothing of great note but maybe viewed as positive.

Didn't think the opportunity to buy at under 2p would come along again, no spare cash to top up with so just have to stick for the time being.

Very true BB, and with you on the confusion stakes.

'I'm Just Sitting Here Watching the Wheels go Round and Round', as is my want these days, and thoughts wandered off about the effect the weakening dollar may play. Initial conclusion was that the resulting conversion of dollar tender proceeds to sterling could only prove to be negative.....but the position could be somewhat mitigated depending on the home currency of the buyers concerned. European and Chinese bidders for example would be getting more diamonds for their Euros, Yuans, or whatever other wonga they have, with the potential for higher prices in dollar terms. I've tried looking at this from various perspectives but keep coming up with the same answer.........42. Any thoughts out there ?

Scratched my head a bit with this one myself but it could turn out to be quite a prudent move resulting in support for the share price sooner than I thought, subject of course to Mr Waugh's lights turning green as he seems to anticipate. Ks 1, 2, and 3 already have inferred cpht figures factored into the value of the company, whereas any value currently attributable to Ks 4 and 5, if any, must be minimal. So by having a goosey at K5 and establishing an inferred cpht it can only add value to the company even if the quality of diamonds turned out to be lower than anticipated. K5 is about 1.5km from the other four pipes so it's preference over K4 would not appear to be down to logistics. Overall optimism rating just gone up a notch !

Couple of large trades on the NEX exchange yesterday, 799,000 and 500,000, both sales by the look of it so downward pressure on the SP inevitable. Question is will we see further sales next week or will price recover a bit as has happened previously. Still consider anything under 2p a really good entry point which hopefully will prove correct by the time the quarterly update is revealed at the end of March. Still no update on the company's website regarding Mr Nicholas Sutton's (current) 6.07% stake. GLA

Hi BB, yes pretty neutral RNS which is much to be expected following a three week Christmas break, so a wee bit surprised by the dip in share price but can't see it getting to 1.75p being the price of director Adam Waugh's most recent purchase. I would top up myself at this level as my tea leaves indicate a slight recovery over the next week, but already fully loaded. Today's 900,000 trade at 2p looks interesting, I would hazard a guess that it was a purchase based on the 150,000 trade at 1.92p minutes earlier. I'll see thee !

Just my personal opinion but can only see future fund raising necessary if they got excited about a project like Jubilee, that being the case I would be very disappointed if ALL shareholders weren't given the opportunity to partake.

Mornin' BB My scribbles come up with a figure of 81 million shares that are not owned either by directors or other significant shareholders, which is based on the information on the company's website plus Monday's RNS regarding Mr Sutton's stake. How up to date the website is remains to be seen, holdings may have increased or decreased over the last few months without the necessity of a formal notification if percentage thresholds have not been crossed. I perceive the updating of the website issue as merely being an administrational one, but one I would like to see addressed, and remain encouraged by the historical cash support the directors have provided to the company, much of which was executed at share prices way in excess of today's. All the best.

Just had a gander at the website re current holders :- DIRECTORS Timothy Leslie 7.6% Adam Waugh 4.7% Paul Beck 2.6% David Facey 2.86% TOTAL 17.76% OTHER SIGNIFICANT SHAREHOLDERS Mark Poole 7.2% Spreadex Ltd 4.9% Goldman Sachs 5.9% Then of course we have Monday's RNS regarding the acquisition, on the 10th August 2017, of a 6.07% stake by Nicholas Sutton, the shares being held in Hargreave Hale nominees, which takes the total significant shareholder stake to 24.07%. Surprisingly BRD's website has as yet not been updated with regards to Mr Sutton's stake, and since five months have now elapsed since his acquisition his current holding may have altered either way, with perhaps further 'delayed' RNS's to follow. Although the issue of Monday's RNS was not down to BRD, I would have expected that such a significant acquisition should have rang a bell or two, with the timely issue of a Section 793 notice being issued by the company to the nominee concerned, who then have 48 hours to respond. This leads me to the opinion that Bluerock do not routinely issue such notices, from which they could keep tabs on holders using nominee names, which can only be positive from a corporate point of view, as well as keeping their website and shareholders updated. Although any current investments in BRD will flourish or flounder subject to future profitability, good PR, which I for one see the above as part of, can do the company's share price no harm whatsoever. Still leaning towards "Something Tells Me I'm into Something Good" for my birthday song. Whinge over !

Nicely timed purchase, gudonya.