Member Info for Fukurokuju79

They 'still have' should read they 'had' just under 5% I thought.

Although they still have just under 5% I thought, so may not be last trade. May have just sold to round it off. Either way suspect it was them so will know either way within couple days as they will have crossed a notifiable threshold. They may have just sold to be below a few percent. Still, a good spot and if price can hold and rise while the background sellers are still selling I look forward to it when the shares dry up a bit and they are gone.

Yep, appears plausible.

I think you need to research more as to is creating the selling pressure, and why.

Oh for sure. I also agree with the sentiment that various possibilities and discussions are happening. I am very hopeful, especially at these prices. It just amuses me some of the posts. Best to watch and see, albeit I can understand the excitement.

L2...to be fair you do spout a lot of tosh. I've been here years and am positive but man your posts are annoying. We found a buyer for the mine in Mexico, because someone posts a company is looking for mines in Aus and Argentina? Lol. Each to their own but jeez, take a breath. All the best.

Eyeguy - hope you are well. Why do you believe 6 million still to sell? Are you assuming Capital are selling out as I have not seen anything to suggest they intend to sell the remainder 4mill ish. Kdnc I believe are still selling and prob have a couple million. Have I missed something?

Yep...however...at current rate, if price stays the same they wont be able to sell anymore in bcn as they need to sell around or just over 1% a month at these levels. So only have 4-5 months left. So either a raise in bcn prices will mean they can eek it out longer, or they need to repay loan from another source.

Yep everyone knew they were doing it. As posted night before last. They have to pay just shy of a few hundred thousand a month until end of this year.

Pressure!. I will hold on personally. Whats a few more months lol

until funding or something else changes sentiment as imo the likelihood is very high KDNC are continuing to dump bcn stock to cover the loan note installments each month. Or certainly will be selling into any rise.

Think must have meant 82%. 18% owned and broken down approx 13% Mushinge, 2% NvS, 3% Cloag). As at 08/11/18. Anyway, it'll be there abouts.

Yep. Hope so. Hope you're well Addicknt.

I'd happily take that too.

Ideally some form of capital raise first, then fs, then final equity raise at a proper price would be okay for me.

Assumng its a good FS, it may hopefully increase the share price to a better equity raise price. Albeit wont actually get them funding agreed. Could do with some good news rns here. Help with the downward spiral which isnt being helped in the least by Cadence selling off sizeable chunks to pay their debt. But I get your point, it wont secure it and I hope it happens soon as!

Degsie, I know lol. But do it again, npv of 1.25 billion with 134 million (134,000,000), isn't 900 dollars. Anyway, it wont work like that. We will just have to wait and see. We are after the same outcome though.

Think you mean $9. Plus only really counts when we have the money to get the value out of the ground and get to construction. So cant really base expectation on current 134 million shares. A placing at 15p wouldn't be ideal, and haven't seen that rumour myself, but better than no funding. That said, given authority to create max of 500 mill shares a raise at 15p wouldn't really dent the capital required. we would need decent debt based element alongside it. Hopefully will be higher. This will be the challenge. Balancing what we can get as debt (or other non equity based capital rasing methods), against the backdrop of current price vs the 500 million cap on new shares. Can only wait and see how its structured. Dont want to give it away, but hands are largely tied and I defo prefer to secure the funding if we stick within the 500 mill I will be happy at this stage.

How goes EyeGuy. Does look good. What your timeline views? I did well here before so kept an eye on it. Does look like a turning point could be here soon.

Fair play. Open disclosure there Addicknt. I hold in isa and pension. I have time in my pension but feel less comfortable with my isa. So I will sell one and retain the other. Hope your other positions continue to do well. I will sit in cash and top up a little in one of my holdings to try claw back some of the money. Once my bruising dies down I may well invest the rest again. Lol