Member Info for dcgc

My guess would be around 0.35p.

Not a good climate or time to be raising money. Needs a very bullish statement with regards to the uranium drilling to get this away at a reasonable discount to current price.

Sentiment has turned against these small exploration stocks.It takes around 5 yrs from making a commercial find to production and requires support from one of the majors to finance it.

I don`t see why LGEN should be held responsible for the level of risk taken by individual pension scheme managers in respect of LDI schemes. LGEN only advise as I understand. It`s up to the scheme managers to set the level of risk they accept.

I`m happy with the drilling arrangement.The shares to be issued at a quite large premium based on the information at that time when it was considered that the chances of a find was high. The Drilling company made a commercial decision which may or not be in their favor when results are known. I can`t see why they would be too stressed out if it goes the wrong way for them. The choice was theirs. It helps us keep drilling costs initially low and helps cash flow which is important at this time.

I can confirm that ,I was just offered 1.415p to sell 250,000 .

I would like to think that the Scheme has been set up now because PJ thinks there`s every chance of success at Molopo which would give the qualifiers a decent reward. I have no problem in rewarding success its good for team morale.

On the surface this share looks very good value. With rent collections at the last count running at over 98% ,interest rate charged on borrowings capped at 3.5% and a discount on NAV around 35%, and giving a yield of over 10% at todays price .

Nickel,copper and platinum group elements.

I`m with Barclays .All my recent dividends have been late .

Regional stated they have hedged the cost of their debt 100% at a fixed 3.5%. Turns out to be a very shrewd move in these turbulent times with higher interest rates forecast.

Yes ,I queried my non receipt yesterday with Barclays and they said they were trying to reconcile their holdings with the registrar. I had the same situation with my BP. dividend but that was credited to my account yesterday afternoon.

I queried mine this morning and was told they haven`t reconciled the holdings with the registrar. I also haven`t received my dividend from Legal and General for the same reason.

Sound performance price should have further to go . At 80p it would still yield 8.25%.

The fact the drillers are taking shares in POW at a large premium in payment for half the cost must indicate that they think the success ratio is well above average. These are experienced drillers.

GGP shouldn`t be in this position now at this late stage having to raise money to pay back the loan from Newcrest and fund our ongoing costs to production. Wit h a share price in single figures an equity raise now will cost them dearly in dilution. I agree with Jambo`s sentiments in that banks won`t be falling over themselves to grant loans to GGP especially now Newcrest have declined the chance to acquire an extra 5% at what seemed attractive terms.

The 0.52 trades are buys, mine included.

We are also earning an 80% interest in Alford East which could also be of interest to OZ once this method of copper and gold extraction is proven. OZ is a $4.5billion company and should know what they are doing so I agree this is great news and at 0.52p to buy looks good value.

There will be a shortage of copper over the next few years and to acquire a company already producing from a safe geographical area merits a premium price. BHP board knows its worth and I trust their judgement.

I`ll get back in when our funding is assured. We need NCM to buy the 5% to fund our ongoing costs up to production. We still owe them the balance of our loan from them and I feel their offer won`t be anywhere near the figures suggested by some posters on this blob. Banks in this economic climate are not keen to lend to explorers with production at least 18mths-2 years away and many more millions to be spent. I still think there is every chance we may have to raise via a placing and this is why the share is drifting.