Member Info for gemstar

Yes, there was a lot of desperate ramping from those now heavily under water / margined called

Yes, �400,000 sold in late trading Hope they don't know something, like the guys selling late on Friday

The price is low because the market is waiting for the terms of the fundraising necessary for Zioc to finance the small scale project, if indeed it goes ahead

Bid now 10.85p I pray that that takeover bid will come soon Got to feel sorry for those suckered in at 25p though

I think the thing which is continuously being overlooked on this thread is that a bid could come in AT ANY TIME

No, except to say that without disclosure of the product sales volumes, it is impossible to comment on the revenue item, in view of the change from licencing to sales model , but noting that included in revenue, is the one off payment of �600,000 odd from Sipcam

I think Tom was focusing on the net current liabilities position of approximately �1,000,000 ( receivables of � 962,000 less payables of �2,000,000) which will have to be financed this year, together with cash burn of �1,400,000, which together will take a big chunk out of the �3.7m cash Tbf to Tom, he seems to be the only commentator prepared to LOOK AT p&l acs and balance sheets

Winnifrith posted yesterday that he expects another placing fund raise

Just quoting from the Bloomberg thread below, which also states The proposition that there�s a structural shift underway in the iron ore tastes of Chinese steel mills toward the less-polluting varieties is just a myth, according to�Liberum Capital Ltd. The London-based broker joins Barclays Plc in�arguing�that the rising preference for high-quality will wane and the premium it commands over lower-quality supply will shrink. Iron ore�s at risk of sliding back into a bear market after racking up three weeks of losses. Barclays has forecast that the commodity will probably drop back into the $50s a metric ton as the profitability of mills ebbs, undercutting demand for higher-grade material. In contrast,�Goldman Sachs Group Inc.�had flagged it�expects�the shift to premium ore to endure.

�Most steel mills are adopting a wait and see attitude and only a small portion of them have concrete plans to purchase high-grade iron ores," Shanghai SHZQ Futures Co. said in a note Monday. �We understand from some mills that recent procedural environmental checks have impacted production, resulting in high stockpiles.�

Thanks eric K3VMC makes some good points ,but I think I'll sit this one out until the murk becomes clearer Such as how are any new Indonesian assets to be paid for. Debt. Share issue. Mixture? Atm, looks ,at best, just another long term AIM hold

Does anyone know whether JP was responsible for the acquisition of the Sound Italian assets, or did he inherit them?

Had I realised Masterman was Australian, I would not have put a penny into this outfit. Lack of basic research K3, for me, this has been too much of a leap in the dark, already, based just on trust. To add Indonesia to the mix is a step way too far . 'Faith based ' investment is the quickest way to the poorhouse Incidentally, does anyone know whether JP was responsible for the acquisition of the Sound Italian assets, or did he inherit them?

You 2 Chuckle Bros seem stressed In too deep? Margin calls?

Only rabid bulls allowed on here, eh ,mikeinmac? And you are either ignorant or a yank 'Definition of�bale outBritish 1:�to jump out of an airplane with a parachute�The pilot�baled out�just before the plane crashed. 2:�to leave or escape a harmful or difficult situation�Most investors have�baled out�of the business.'

That's the whole point. Faith in JP Masterman, in the space of under a year has managed to convert something solid, if slowgrowing, with interesting prospects, into something that requires 'faith in JP' who I've never heard of, operating in the third world, on the other side of the world Meanwhile, he himself clears off

'At 6:00pm on the record date, April 3, Sound shareholders will receive the Saffron shares, in proportion to their holdings in Sound.' So having unloaded all their cr*p Italian assets on to SRON, what do you think Sound shareholders are going to do with their SRON shares? Eh? Eh?

Getting a spreadsheet together compiling all the dodgy trades, just in case the company does issue a placing to insiders�

http://www.bbc.co.uk/news/world-africa-43355678

'extrader Posts: 150 Observation Opinion:No OpinionPrice:12.90View Thread (3) RE: buy and hold.... Today 15:34 Hi shaun86, ..."EPP could be just around the corner"... In your context (profit), no, it couldn't. ......... It doesn't have C-B governmental approvals, agreed design, equipment supply or installation/commissioniong contracts. Oh, and of course there's no financing structure proposed, much less in place. Even if you were to fast-track in an 'efficient' part of the world, you'd be talking of 24-30 months minimum. Hardly 'just around the corner' in most people's understanding of the term. ATB'