Member Info for Chesycustard

Delay, it was originally due in May remember!! Last chance to deliver. Good news is the insts are staying with us and redfeild have the board appointment.

Heard nothing back, very quiet. The last RNS alluded to the fact the lifting of the suspension would be imminent and that was over a month ago now. SC you have any updates for us?

Big jump on tiny volume, can't be much liquidity. Also due update on the purchase of small holdings.

Good price. Feasibility due the end of next month. Is it finally our time here?

Kind of agree, looking back is painful and there have been some poor decisions. Quin aquisition being a shinning light. They have one last chance to get this right, if the mira feasibility is deliveried well then we could see the tide turn big time, as after that teso could be great. Originally mid 2017, now in Q3 so could land any day. But yes I totally agreed CD capital pulled our pants down..

They have taken on board director ownership. Although there is only a small window each year due to ASX quarterly reporting.

Whole lot definitely sold for $5m. Message is to sit tight for the feasibility, that they want to be producing in 2019. Once feasibility is done they can put it to II players. There is a glimmer of hope IMO this can be pulled off, value returned. Cash is at market cap practically which means Quincha given no value, this is mad. Confidence is obviously very, very low. Not without reason. Little Black Duck made an excellent point on HC about that there is no future royalties written into the Los C sale, should it actually go to prodiction. Wish I had asked that on the call.

Has anyone got any news on this. So difficult to get info at the moment. The AGM confirmed "completion of the agreement to acquire a strategic 21% equity stake in Advanced Agricultural Holdings But we have no news on "the proposed acquisition by the Company of Onshore Energy Limited"

Email addresses will get removed. What I did was email the investor address on the GOS website. He replied and then we had a call last week. It was quite positive and it sounds like Stanhill, as large shareholders, are holding the GOS directors to account. They get regular updates. Things are progressing nicely, the client base is strong and valuable, which could make the business a target. (IMO I think the medium term plan would be to sell up). If some new wins are converted then the business will really start doing well. He could not give me an update on encryption keys. That was my take. DYOR, IMO, GLA.

No response as yet.

We are now down to one horse running, Mira. She is looking like she can win with a great run (feasibility study) and we now have better quality sponsors (II's), let's just hope our jockey doesn't mess it up before the end of Q3 and fall off. Poor old Calatos was a no start and has been sent to the glue factory. Molly lost a leg and is proably going to be shot.

Anyone care to share their targets for this?

The more I think about the lower it seems. If you think about what was spend on it alone, never mind the NPV. We gave away 51% for 16m which we will never see and had no info on what it was even used, for then we sold the 49% for peanuts. Unbelievable. It has been so hyped up over the years. And they were pleased to announce that.

Anyone go and can share anything?

Strange that is happened this morning before the meeting at 12:00. This company is about as transparent as a brick.

Positives -don't have to raise to pay 1.2m mira tranche this month which is delayed till 5m comes in -no short term dilution now -redfeild increasing holding in the market, they are in the know more so -feasibility due next quarter Negatives -how the heck can 51% be valued at 16m and now 49% only 5m. I think they were under duress due to the 20 June payment. 10m would have been far too little. 5m is a joke. -no distribution of anything to us.

This is dire. I have written again saying that the directors need to do an interview with proactive investors or vox markets. Over 50% drop since consolidation. I still believe in the strategy ultimately, but the media relations are very poor at present.

Interesting, on conversion they have to make an offer. No waiver written in. Could the Chinese want SLM that bad they are just going to swallow us up in one go?

AGM 16th June. Hopefully we should get clarity on how the RTO will work, this will provide the working capital as the other entity is funded. I do expected more dilution to achieve this but at least we will be a going concern!

Yesterday, I'm with HSBC. Your right, converting the offer and even before that the rights issue price is painful. We certainly haven't been rewarded, yet, for supporting our company.