Member Info for DerbyCounter

"The Company continues to have positive discussions with more than one interested party and is hopeful that either could result in a proposal which shareholders would find acceptable." "Either". So that'll be two parties then. Deliberate to tell everyone there are only two or just a mistake? Better than just one I suppose.

I reckon any major interested in buying wouldn't want to risk wrath of shareholders by gambling before at least the first or second drill. My guess is offers may come after first but not before. More likely after third when everyone knows what's what. All IMHO.

Thanks, that's helpful.

I believe our cos is currently 25/30%. Are there any expected milestones before we get the the potential kaboom which would take that up to 40/50/60%? What event would make Sound revise the cos prior to take off?

some time ago. There comes a point when assurances start to mean nothing and, in hindsight, that point was some months ago as far as the permit is concerned. Clear now that there was another agenda, and not one that benefitted the PI's. Of course the permit may be issued tomorrow and we could all be popping the champagne. But there again I always was a bit of a dreamer.

Putting all your pension into a single investment would be unwise. Eggs and baskets spring to mind. The mine has not been built so there is always a risk. I'm confident all will be well but I'd spread my bets if I were you.

Assuming the courts and the SFO eventually decide in our favour where do people feel the SP will settle, assuming the business is doing reasonably well?

Isn't this due tomorrow or Friday?

Good point. In any event, I'm not worried. Here for the long term.

Typical Aim shenanigans.

Exactly. And when does 31tcf become a certainty (assuming it's there)? not an expert but I assume not even after 3 drills...? Fascinating weeks and months ahead.

Oops...just looked at my watch....

Just a glitch on lse?

P/L on the day showing same as overall P/L. Problems with this site seem to be ongoing.

A results RNS and not a single comment all day - says a lot about what people feel (or not!) about this share at the moment. When oh when is everything going to be resolved?

If I sell the Coro shares I've just received which were spawned from Sound shares held in a prior year ISA will they be treated as a 18/19 ISA purchase?

This is seriously underpriced. I predict a big swing upwards come the interim results. Patience required.

For me the scary thing is when the business really takes off is whether they have the capacity to manage it. It isn't a huge company so do they have a plan as to how they will cope if demand increases significantly?

Looks like it. Just watched BBC News and things look bad. An opportunity?

I think it's time this share started to kick on. We won't be at 8p this time next year.