Member Info for Dan1605

Can't argue with your 17.47 post Notrex, you've summed up what some of us have been saying for years. You can change as many parts as you want on a car but if the engine's not up to job then you're going nowhere and that's the worry here. I'm hoping that the new guard have realised this even though they appear to defend him (which they will).

Agree Notrex! That means AJ is back on 25k a year.

I don't mind sharing that I questioned AH about the closed period. His response was "we don't know, we'll check with the Nomad". In other words, we have no intentions of buying shares.

Notrex, in all my years investing I never known it once where a company has confirmed in a RNS that they are in a closed period, most of the time even the company aren't sure and have to ask the NOMAD. It's a given that if a company is working on a deal that they are in a closed period. I suspect your next question is going to be "how do you you know they are working on a deal", I don't and nor does anybody else.

I'm holding shares at an average 1.2p BV, Jesus, you are tetchy.

BP, I suspect 1.20 - 1.5p, anything less would not be accepted by the board (or shouldn't be). The timescales are debateable but I believe a T/O is the intention. A debt restructure and reduced hedges rates from Summer will only add to the value. Like I said, it's becoming apparent that there is a lid on this at 0.70, for whatever reason I don't know but it's more than simply market valuation.

"And then goes private at approx 0.40p D'oh!"

Numpty.

This will be taken out well before that pint BP, it's now blindly obvious what is going to happen here but it's been obvious for some time. Kemexon are 6% away from a mandatory T/O offer and I suspect they will strike before the end of Winter, once the debt has been restructured. Some may say that the SP is where it is due to the the high CAPEX/OPEX costs and it is to some degree but i'm also of the belief that there are games being played, somebody does not want this to go above 0.70. The T/O offer will be low and the board will no doubt all retain their positions.

Just like Mr 1,264,459 who held for a total of 1hr 30mins on the 8th November, also taking a loss. Then investors wonder why 95% of AIM investors lose money. The market is starting to wake up and we staring to see spikes in certain sectors, I did suspect we may see some selling here as the "sticky" hands moved onto chase other rainbows.

There should be at least one more TS. Intrigued as to who is taking this stock.

The MM are happy to clean up here, mist have big ordered to fill.

Tang would sell his own grandmother to keep his pockets lined, there are no qualms there.

The quickest way to benefit would be to sell it to a company making a profit. It could be years before it's any good to us, we need the cash now. I'm sure Mike said that it was transferable.

The tax loss is being overlooked assumingly because the market is not convinced it can be utilised or don't appreciate the potential value. If anybody can make use of it, Nick Tulloch can with this background in corporate Law. I don't think we'll have to wait long until the next update.

I rephrase that in English (just to satisfy my OCD). The Honeymoon period is over and as good as it was, there is nothing more that can be said until we hear about future plans. This is where the real work begins.

The Honeymoon period is over, as good as it was there cannot be anymore than can be said until we hear about future plans. This is where the real work begins.

".the longer the silence, the bigger the deal"

Give over Tamer, that's not the case at all. They're obviously working on something but we're getting the silence because the news flow has run dry.

"Not sure what you mean Ostrich? I've got all the shares I need - I thought I told you that? I got them at a very attractive price too I reckon - but certainly sooooooooo much cheaper than you!! LoL" With a 1.4 average I doubt that Sunshine, or have you convinced yourself that didn't happen. We'll not mention the two losses on the way down.

Lovely consolidation today - held onto yesterday gains and Notrex is still 7% further away from his "entry" than he was at the start of the week so i'm ecstatic. A great day, eh? lol

I'm not knocking the guy, it can't be easy slogging your balls off in swelting conditions being several 100km away from your family but we're here to find gold, with limited cash.

You're certainly on the same wavelength as myself and other investors I've spoken to re AJ Mental. Mike was quick to defend him in the last interview (as you'd expect) but his ears must be burning, surely. It's be alluded to on several occasions that they're getting second opinions, who from we may never find out. I mentioned on here last week that we have "Dr" Trevor Davenport sat on the board with the following credentials

"MSc in Mining Geology and Mineral Exploration in 1967, and a PhD in Geology & Exploration Geochemistry at Leicester University in 1970. In 1971 he attained the title of Chartered Engineer after becoming a Member of The Institute of Mining and Metallurgy"

How much input is he having, if any?