Member Info for DestituteBroker

It�s up, currently about 9.41% based on the 12:00 UT, which is an accurate valuation. You could say that the stage is set ? but of cause, no guarantees.

RY does a marketing interview, someone who has only posted on this site 3 times draws your attention to it, next day the stock rises 12.75% briefly on a UT trade, now your looking for fairies.

Lets not get too excited. That was a UT trade calculated on small trades left on the book. Note that there�s no volume bar on the graph for the trade. Re 6 Months time, take a look at UKOG in particular the 15th November RNS detailing the YA contract, note the Monthly loan conversion RNS�s that follow, next look at the 6 Month Graph & finally the discussions on the bb. There was about 300 yesterday, as PI�s try to figure out what is occurring.

Ducatti Hi, large salaries will only be able to taken as long as it is possible to �equity release� via warrants etc. As others have pointed out the shares volume is now so low that it is getting very difficult to off load large amounts of stock into the market. Thus the price stagnation. This is why the next few Months are going to be very entertaining.

I doubt very much that you will see the PFS published this year. It's the carrot at the end of the rainbow. Question is what happens after the PFS if there is still no interest from other companies ?

Paddwah26 hi, the company doesn�t have access to convention loans even though global governments are engaged in QE partly for the purpose of stimulating business. It�s nothing to do with risk assessment, it's simply because it can't pay the loan interest due to zero income. The only option is issuing shares. This agreement is the same as a rights issue but bypasses the 'cost' of using investment banks & underwriters. The cost is absorbed by diluting the market cap.

There is a loan example on the iii site, which shows the sp dropping to a modest 4p by September 2019. However other posters state that Crede has been struggling to sell 1m shares per month, so predict as low as a penny. Yes there are elements of control but only if the monthly payments are made, otherwise the warrants can be immediately exercised. It�s only the initial 9,290,323 that can only be exercised at 9.3p. There will not be clearer picture until April, then you will find out if the company are paying the loan or not.

My understanding is that this chap had a large position & has reduced his 'risk' due to the share price movement & general uncertainty, which is sensible. Pro�s constantly average their positions. It is good to see PI's doing the same & not just sitting in the road like blinded rabbets. AMC will most likely repay this loan via warrants, it�s the terms of the contract & just a matter of time. The allowance of 200m new shares has not been made without reason & as we can see reconciles with the $10m figure. The Prop traders will sell their shares at some point & as to how they go about that is as yet, unknown. A clearer picture will emerge in the coming Months.

Hi ftsedow, are they considering issuing corporate bond ?

Hi Potatohead, they will pay the Monthly amount back from the loan draw down. So you could ask the question, what's the point of having it ? This is why it's most likely to be warrants.

Sorry that should be a cost of just over 11.5%

Hi MasterOats, the initial tranche is �2,884,240 sterling The 'repayment' amount is �279,498.00 per Month Total return of ist tranche loan �3,353,560 = a total cost of 11% The question that you have is will they pay the Monthly repayments or will they elect to issue the warrants ? The second question is, with the initial draw down reducing, will they take the second draw down & so on. This project has been financed by issuing shares, unless something is about to radically change, why should the business model differ. Answers on a postcard please.

Company's still pay when they are in debt because if they don't, income funds will sell. Which will occur anyway if the need for fund raising will cause dilution. These funds probably bought around 2011/12 so not selling at a loss.

I'm guessing that you sold on Friday the 12th & the stock was suspended on the 15th. 'Settlement' has recently been reduced to Trade +2 working days, however if I understanding your query correctly, this may be the reason why you have not received or will received a credit for the sale.

Hi, as I understand in London Mining�s case, the suspension was the end & holders at the time of suspension received nothing.

Hi, Markets trade ahead of events & pricing operates on an auction system. Sometimes exaggerating moves. London Mining Plc bottomed & rose about 1000% over a Week. Then about 2pm one afternoon it was suspended & disappeared from the screen. It is possible to make a lot of money trading or investing but you need to speak to someone who knows how the UK market works.

There are reasons why stocks bounce after a big sell down. With a little consideration you may be able to realise why. It�s not rocket science. Some are named technical-bounces & in this case a dead-cat-bounce.

Send in the CGT additional form SA108 to register a capital gains loss, plus an account of your trades. This can be carried forward & deducted from any future capital gains, above the nil band allowance, currently £11,100. Send in a form each year, to continue the loss / balance off, over to the following year, until it is used up.

Holders will receive, USD 0.195 per share at whatever the sterling conversion is this Friday 8th April

Looks like the dates for posting voting info & the vote, age being extended. Why has a Director purchased at 35c, is another offer being discussed ? If the sp rises above 12.9p, this will be an indication.