Member Info for Fourprinces

It’s @Martin_AIM_77 Zatcha

https://www.tradingview.com/x/hm0xewPz/

Just to clarify when I spoke to JM yesterday he said, as far as City Financial being the distressed seller "the situation had been resolved".

JM said it had been resolved earlier.

Loads

https://www.cityfinancial.co.uk/assets/download/15013/City%20Financial%20Investment%20Fund%20Series%20IV%20-%20Reports%20and%20accounts%20(interim)%20-%202018%2010.pdf

City Financial 108,190,476 7.5%

I think City Financial are the distressed sellers
https://citywire.co.uk/funds-insider/news/city-financial-files-notice-to-appoint-administrators/a1205227

https://www.investegate.co.uk/horizonte-minerals--hzm-/rns/share-price-movement/201903011536146508R/

Right. Just off phone to jeremy martin. No placing.

What happened was a major institutional holder had a major redemption issue - that's now resolved.

No. 80-100 maybe.

Notionally but there are get out options

https://www.investegate.co.uk/bluejay-mining-plc--jay-/rns/statement-re-rio-tinto-iron-and-titanium-canada/201902270748062493R/

It’ll go soon enough

Spoke to planning case officer. WSCC will announce in next couple of hours

Yes. It’s been recommended for approval.

We believe the disconnect between our £8.7 million market cap and the US$39.3 million NPV10 assigned to our 2.5 MMbbl 2P gross oil reserves alone is unwarranted, particularly as this does not take into account the 2C gross contingent resources of 72.9 MMbbls of oil and 626 BCF of gas across all three of our licences. We are confident this valuation anomaly will soon be closed as results come in and with this in mind I look forward to providing further updates on progress.

Thanks for that. Reading up as we speak.

You're obviously well across this company. What do you think is fair value here?

0.825

82.5