Member Info for Charlie1984

Is it this Friday they have set up the interview / webinar so must have something interesting to tell

It's counting down to Mondays open and will Monday see the first of many RNS ? This is locked and loaded just waiting on GR and the team to pull the trigger GLA

Not seen this mentioned bit looks like we are doing even better on our assets with the ATP price being in $ and a $ now 1.29 against the £ making gains everywhere at the minute just need to bring everything together - GLA

All very quick I am lead to believe, everything is electronic and as mentioned we own the permits anyway.

So no RNS today so must be Monday RNS to state liquidation of RHA and we buy it back as a new company all to be done electronically if ownership isnt agreed today so this will give us 100%, 10% to be gifted and production to start back up. Is it ok to say I wouldn't want to be out of this over the weekend ? GLA

Emailed Fuad and asked for an amendment to be made to the RNS for all PIs who don't know what Resolution 2 is. RNS just stated resolution 2 passed.

Resolution 2 - Is share cap increase from 7 to 9 billions shares giving prem a clear safety net market should react very positive to this news GLA

Yes he did so I will write the RNS for him

Resolution 1 - Mr Russel Swarts had decided not to stand for reappointment at the AGM and therefore ceases to be a director of the Company with effect from close of the AGM yesterday

Resolution 2 - Share cap increase from 7billion to 9 billions shares which allows the company breathing space and a safety net should it be required for future funding going forward.

However due to Zulu JV being approved within the next 2 weeks and production feasible at RHA due to current ATP prices the company doesn't seek to raise any capital at this time but is safe in the mind that if required it is there.

Will we see the AGM outcome results RNSed to set in stone what the market wants to here SAFETY NET for prem. Watch her fly RHA update - production and ownership Zulu DFS JV - little over two weeks could come sooner on paper worth minimum £17m Circum - still there now worth more than current MC Re-rate coming GLA #getinwhyyoucan

Sentiment returning as you say but PIs don't like paying a premium so will want in before Zulu JV news in 17 days time RHA could fall before then but noticing some nice buying and sells getting smaller. Defiantly feeling more confident GLA

Especially with AST money coming in in the next few days prior to news

As long as it's heading in the right direction we don't mind how little as long as it's blue everyday

As I say that we move in from 13.3% to 6.25%

Plus the MM are milking the buys and sells by increasing the spread should close in as buying pressure increases then again the MM keep it open to profit from the profit takers offering them slightly less than they would if the spread was shorter

if you look at the last 4 trades I would say buys as the trades before that are in red and at 0.16 then gradually increase showing the SP going up

Snowking - the fluctuation on the buys and sells indicates that there is no over hang its slightly up and down with buys slightly outweighing sells we are seeing another blue day.

offered 0,163 to sell large amount so MM want shares

Sounds quick from what I am hearing it all could be done electronically

When is this expected once everything is in black and white the market can factor it in

Yes

I am using the app through my iPhone seems to work well have a look see if you can find the app if you have an android phone