Member Info for gemstar

AP presumably passing on what he is told by officials

Paperwork needs processing non shocka

This is why most Aim CEOs clam up and give no guidance whatsoever

Saves having to justify previous guidance later

I feel your pain guys. Managed to bale at 5.5p, but still angry that I did not heed Winnifriths advice and get out at 9.5p

My rule is, when the story changes, get out, and the story has definitely changed here

If you want to recoup, take a look at Vast Resources on the Lse thread, particularly poster Castaway. Should be big move any moment, and good long term

I am assuming AP expects the licence prior to the investors conference next Monday,

I assume these are just further placing shares

Whats the story on this placing?

Is this the placees unloading for their 10%

They are restrained at the moment of going "all in" IMO as they are awaiting the formal licence

Once this has been granted, this will be the time for the PR people and the brokers to start earning their money

I would also expect an encouraging estimate from them of the share price on various assumptions

"Someone posted early July but I was expecting end of July/ early August"

Yes I saw that, which is why I asked the question

Do we know when the quarterlies are expected?

Totally agree Lee
AP has to play the hand he is dealt ,and if the market has not pushed this higher, then tough

Personally, if cash is to be raised, I expect it to be to an institution on receipt of the licence

Cleaner all round. Those PIs who want to participate can do so by buying now

When are the next quarters due?

When are the quarterly results due ?

I agree Lee My take on the RNS was that it was the first move on a predetermined timetable

More likely that because this is one of the few really liquid shares on AIM, traders, like Baron, are having to sell to meet losses and margin calls elsewhere- Panr- UKOG etc Something similar happened to gold shares in the 2008 bust

This is the key issue I assume talk of 5 drills a year is now out of the question on existing cash flows, even if VOBM and VOS1 come through How long is it going to take to prove up on this basis?

Yes, I said last week that the share sales here were probably to meet losses and margin calls elsewhere, as there had been a lot of disasters on AIM recently- UKOG, PANR etc. I had never heard of WTI thankfully Your post confirms this

That Polly Middlehurst is a very good interviewer and asks the right questions

Cast answered this at Castaway 12:30 "Just worked it out Pecten as an average of 55 kg per month over the last 12 months though it is rising it was 65 kg per month the last quarter"

Lee and Cast are responsible here for clipping Roy's wings by not giving the board headroom to issue new shares Heh heh

This low headroom for the board was to stop Roy doing any more of his insane death spiral financing Normally a board would have had headroom already in place

Shale Country running out of workers https://www.bloomberg.com/news/articles/2018-06-06/shale-country-dangles-100-pay-raises-as-labor-market-runs-dry