Member Info for duracellAA

Perhaps some believe in supporting the company, other may not think it will go sub 15p.

I understand them shorting due to the risk of ST2 failing but not sure now why they are shorting as the deal is as good as done. It does however give everyone the opportunity to buy more at a reduced price. Perhaps they believe history will repeat itself and it will go sub 14p for a few months. I guess the SP at the end of the month will show who was right or wrong.

Just completed my open offer via Barclays, now they have there house in order. I have keep cash in case it goes below 15p in the next month but good to see it up for a change.

Archways, thanks for that. Not worried about it yet but Barclays are never on the ball.

Has anyone contacted Barclays regarding this.

There was not 9.8b share either.

Matthew, trust no one on a BB. Only use for links that others are kind enough to post and look for the alternative view and then decide, remember doing nothing is also I decision.

Matthew, you should log on to your account and see if you have any messages or corporate actions but this will depend on your broker I see some have received details I am with Barclays and heard nothing from them. You pay 15p a share but no stamp duty or brokers fees. Your option are usually do nothing and get nothing, take you allocation 1 for 22 and/or request more on the hope you get them. If you apply for more than1 for 22 you need to have money to pay for them in your account but you will be refunded if unsuccessful. So if you want an extra 100,000 you need the funds.

I will be taking up the open offer as it directly supports the project. It would need to be 14.75p before it is cheaper than the open offer once you add stamp duty and fees which I believe to be covered in the open offer.

Thornback, they are the same as the company has not issued any new shares yet, that will happen on the 23rd or there abouts. the 4,797,057,259 is the total in circulation and used to calculate the % owned. once the new shares are issued every major holder will have to re-calculate there % and issue a TR-1 if there % crosses a reportable % ie had 7% of total but now 4% due to 2b new shares.

That the total number of share in circulation, not what they have.

The OO will be free of stamp duty and trading fees. So I guess you need to decide what price you expect it to drop to and will it get there. I am taking the OO and buy more (not many, not much cash left) if it goes lower.

That is what happened the last time we have dilution, the question is how low will it go and for how long.

JonesRichard, I think KOH wants to sack him not just hope he walks away.

it would be good if they told the shareholders if they planned to stop the quarterly updates.

Sorry that should have been for pianista.

Alexios, the first OO was set at 20p but the share was at 17p for months after that. I hope you are right about the 15p floor but I am not holding my breathe.
Yet another exciting month for the share holders of SXX but perhaps for the wrong reasons.

The ST1 OO was for about 1.8b share and ST2 is for about 1.9b so not that much between them. I hope it will take less time based on the hope that those who bought them this time can see that production is not subject to any more financing and those who did not get any will buy at this bargain basement price and hold until production. We thought April was going to be an interesting month so is May.

The question is "Where is the quarterly update" to start the ball rolling. It looks like the BOD are hiding in case someone asks them a difficult question.

I believe the plan is to sell 7mtpa as finished product and 3mtpa as chipped product the same as boulby are doing just now.