Member Info for Castaway

building up to the 30th

It is confusing. but basically they cannot issue shs below their nominal value. so they are just going through a process to change the nominal value. Good luck - I think there is plenty of upside from here, if it all goes to plan

It has been announced in an RNS and it will have no effect on the market value of the shares - it only changes the nominal value of your shs from 1p to 0.1p.

I got an email from my broker 15 December re. the corporate action

Name change, placing, purchase of a copper/gold multimetalic mine - in a nutshell

yes looking good - its all starting to happen for AFCR/VAST on the 30th

There are 320 mil shs being placed - I think that may have some effect on the future s/p - I will be very happy with 2p in the near term

the 30th, and purchase of Baita Bihor, which should happen soon after. I can see a s/p of 1.5 - 2p possible, maybe more - If we get momentum with a few good RNS's,

price? - looking more likely, but strong support at this level.

Just moved up again!

Yep good support at around .5p - not surprising as the directors are buying about 80mil shs at that price - I am looking forward to the next few weeks here - great opportunity IMO

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It's possible, I can't see it dropping much below current price - this is AIM though, and I am ready to buy more if it does.

Yes it depends on whether the trade is above or below the mid point in the spread as to how the trades are shown - often buys are shown as sells and vice versa - can only see 3 sells this afternoon.

5.1p = .51p Freudian slip that is the price coming up in July I hope

real spread has tightened - I think they (MM's) want some buyers to move it up and sell the 5 mil shs they have just bought at 5.1p

Yep moving up a little on every buy now

2 continents to mine - Romania has massive potential - so does Zimbabwe - heads you win tails you win!. Looks like we might get a little rally soon L2 looking good and it's just ticked up to buy.

Well you could be correct about the 30th XS - we may have to wait a while to get confirmation of the purchase after the insolvency proceedings, and D/Dil is completed on the mine, shouldn't be long though. It sounds like they have already done lots of work on the BB mine as they have been looking at proposals in Romania for over 2 years. The directors are also backing the deal with their own cash which gives me more confidence. And we know the funds raised will be going on a Romanian mine - from what I have looked at there are plenty of closed mines that just need a cash injection to get them moving again. Anyway the way they have presented it, with all the facts and expecrtations, it looks very close to a done deal - none of this 90 day D/Dil process most co's go through. Well that's how I see it.

organised and worded well following the general meeting, I don't think most investors are aware of the potential here, its not a simple story to tell. In fact I don't think most investors read past the headlines!