Member Info for cminhinnett

It is a shame that the MMs are going NT @ 0.75p, asking 0.80p on IG, otherwise I feel that this would be moving up nicely. Any rise and the MMs like to take the momentum out of it, interesting move................

That's fair enough then BigBear2 :-)

BigBear2, I am assuming that you missed your buy-in price and are looking to scare PIs so that you can take a position here? I am surprised with today's post given your positivity before, specifically your post of 6th July where:

"The sale of welch made no sense for such a small sum, Arkoma on the other hand has been nothing but trouble, Welch plus Baja plays makes most sense..."

Therefore only 2 weeks ago, you felt that they were underselling Welch, since then they have gained £90k for doing nothing and should get a higher price for Welch with the Oil price having increased, yet you have gone negative and feel now they will place, odd as they only recently placed (2nd July) and raised £400k........................

17-Jul-20 15:08:18 1.20 1,082,420 Buy* 1.00 1.20 12.99k O
I wonder if another Director purchase?

Andrewukdealer, I personally don't see it as dropping, I see this as a period of consolidation prior to expected rerate. Patience is a definite requirement on AIM.

Agreed, just managed to top-up @ 1.80p, when 1.826p to sell................. Now moved to 1.84p to buy, not sure what the MMs are playing at today

NT to buy @ 0.12p as well, come on MMs, let this go and it will fly

Giles, interesting spread by the MMs for 100k shares, 1.826p to sell / 1.825p to buy

Was just about to post the same aerial.................. Interesting and definitely out of line with normal trade sizes on KIBO

Highlights

· Results received for 1,242 m Phase 3 diamond drilling programme at Pandora;

· Best intersections from the 13-hole programme include (using 0.3 g/t Au cut-off):

o 16.86 m grading 1.42 g/t Au from 13.00 m, including 6.63 m at 2.68 g/t Au (Ok-D-46)

o 1.50 m grading 1.05 g/t Au from 43.25 m (Ok-D-35)

o 6.80 m grading 2.19 g/t Au from 23.58 m (Ok-D-36)

o 5.00 m grading 1.10 g/t Au from 107.00 m (Ok-D-44)

· Mineralisation is predominantly related to quartz vein and hydrothermal silica breccia, with associated demagnetisation of the basalt host rocks. Highest grades are related to the presence of sulphide-rich chalcedonic silica;

· Good potential for resource delineation in the structural zone between the Pandora and Pyrrha veins, subject to further exploration and infill drilling.

Oriole CEO Tim Livesey, said: "We are very pleased to see continued success with the drilling at Pandora, reconfirming this Project as a highly prospective gold target.

"If drilling continues to deliver grades and widths like these, this could quickly be built into a resource with open pit potential. We look forward to further updates as the programmes in Djibouti restart.

"We also look forward to reporting results from Hesbada later this quarter and we wish the exploration team continued success."

An interesting 1st post on CLCO BazzaT, just had a quick look at your posting history and you asked almost the exact question in another post on 03 Aug 2017 at 09:42 when the company was AD4. Most of your other history is rather damning of AD4 so I wonder what your intention is? Personally I would love to see 10p by Christmas, however this is highly unlikely unless they close out a number of other large contracts such as the recently advised BOOHOO contract. I do however believe that at the current SP, this represents great value with the potential to be worth multiples in the future.

Seems to be moving up nicely on very little volume, looks like it bottomed out with the buys at circa 1.80p, well done to those who took advantage. 2.045p paid and looks keen to get both legs over 2p.

Thanks for sharing HullFC, that is a fascinating read and underlines the confidence of a number the large shareholders, it all makes alot more sense now and I have added to my holding. Looks like it could be ready to move again, very little stock available sub 1.90p.

Looks like the last of the placing flippers are being worked through, some chunky buys over the past few days, showing confidence in the price to rerate from this level. MMs doing their usual and moving the spread to print the trades as they like, hence the 700k showing in red as a sell when it is clearly a buy. Once this remaining overhang is cleared and we receive an update from the company, I can easily see this testing and surpassing 2p again.

Some strong buying so far today, despite the sea of red created by the MMs using the spread to manipulate the reporting of trades. As a new investor in the recent PB, I feel excited by the strategic plan utilising the fund-raise to significantly reduce debt, strengthen the balance sheet and accelerate the journey to cash generation and profitability. I plan to hold long term and benefit from the planned dividends.

1750mk1, IG will support me as much as possible, however they need the position closed as legally they cannot hold the shares beyond close today, hence their hands are somewhat tied, I have a premium account manager who to be fair has tried many different angles to get a good resolution, however basically impossible given the timeframe. Based upon the estimated time to transfer from AJ Bell of 6-8 weeks, think would have been scuppered whichever way I went. Shame but have had a good ride on CNEL, shame not to share in the ultimate spoils.

Thanks 1750mk1 & scotlouie - Not ideal to say the least, unfortunately I believed that I would receive a share certificate, however found out today that is not possible :-( Have spoken to AJ Bell and one other and they have advised that a transfer in 1 day is impossible. Gutted

Any experience of advice please?

Does anybody else currently hold their shares with IG? I have just been advised that they either have to transfer them out today or exit the trade as legally they are not able to hold the shares beyond the close of market today. Any ideas how to get a better solution?

Or is our TR-1 holder after additional stock? Possibly both