Member Info for fundraiser222

Yes saw it last night. Results have been delayed from early 2018 to the end of 2018 so expect another placing perhaps around 10p as they only have enough cash until march, no news due for a very long time. I will add more sub 10p the recent issue of equity looks to be getting sold into the market ATM 5p and 0.8p shares issued

I'm sorry your head is in the clouds

Patience?? You mean watching your investment fall to nothing while they do another placing to cover a legal claim and keep the lights on, you have called this so badly it's unreal shocking investor and you have lost a lot of money by the sounds of it

Yes I'm sorry reggie great news wasn't it lol down 20% and in need of another placing to keep the lights on and pay out a large legal claim while they see if the coal even has a value. Hope you havnt lost too much here because you clearly don't know the sector very well that's for sure

After that rns, another placing seems to be in the cards I assume lower than the last 0.15p placing. Taken my last tiny amount out of this rubbish today as it looks like its games over

I'm afraid they will now be running on fumes and another placing will imo be due, what better time to raise funds than on a spike like today, I sold for a nice 30% profit due to the placing risk and the fact this will just drift lower after a placing and no news. Will rinse and repeat in a few months

I was thinking of buying in here but Burundi just looks too unstable, the risk of civil War is too high and I would be concerned that rebels could just come along and take ownership of the mine, given the high value of the ore it will imo certainly be a target after all this is a hell hole of a country

Thanks sunlit but as ever anr don't seem to give timeframes as things seem to take years then get scrapped and they start all over again.... but reggie sadly stated as fact that the deadline for the report was September, his post has now been removed, opinions are fine but misleading information stated as fact is not ok I'm afraid but hopefully he has learned from his mistakes I'm sure lse admin were in touch

Reggie you are committing market abuse by saying the report is due out in September, you have stated this as fact which is an out and out lie as no timeframe has been given for the report to be produced, please correct your error it may be your opinion, but you are stating a news deadline as fact to mislead Investors

If you are stupid enough to buy a share that has risen 180% in a few hours on no news you deserve to lose money as that's the only way ppl learn from losses. Pure greed by those who bought on the spike probably on no research, the guys who pumped it and who bought below 2p deserve all the profits they get

It followed the same pump and dump pattern last year robbo believe me I have traded both

overall reduction in gross profits. Trading conditions remain weak. 10p Robbo?? Lol gross profits have reduced from last year not increased! And after last years numbers were announced it dropped below 1p a few weeks later, but good luck all those left holding the baby and learn along the way

Not to buy on spikes during a pump and dump, you all do realise that last year the exact same thing happened, price spikes to 5p in anticipation of results, then a few months later it was sub 1p, it's rinse and repeat yearly for the regulars, good luck if you are in above 2p you will need it!!

Report out by end of sept?? They hadn't even started on it on 10 August... will take months to produce a detailed report

Sorry to all

And looks like they are going to miss this years production targets now by some way given q2 is the most important quarter, no wonder it has taken so long to get these out, I'm out from 8am mechanical issues should not take 2 months to rectify

Why have they made this so clear in the rns... seems pretty clear that they appear to be planning on going into suspension then delisting so they don't have to abide by the fca regulations and can do what they like with the cash imo and share holders won't see any of it, it happens time and time again with these Chinese companies who delist, this one even has the brass neck to spell it out for investors that they could suspend in September then after 6 months delist, I wouldn't want to be holding this Chinese baby if it suspends with no way of getting any cash back, but to be fair they have warned everyone in the rns so no complaints if they do suspend and delist guys

He has made nothing with trying to screw pfp just created a whole load of hassle for himself, maybe now he's getting older he sees a 40% pfp holding a nice inheritance for his children, after all this is a $1.billion asset ready to go into production without much delay

Yes now the price is 1p instead of 0.85p this moves very quickly

Very strange goings on today I can sell my entire holding for the first time since I bought, what has sir Henry got up his sleeve... hopefully a Mozambique general