Member Info for GeologyStudent

Trading activity has been disappointing. All trades this morning have been 'off book'. Plus, my friends can't even find Cradle Arc on their broker's register.

place my order online. Had to do it over the phone.

anyone see CRA or Cradle Arc when they attempt to place an order?

Can't you see cradle arc when you place an order?

Can't see it on my brokers list yet.

Yes. The shares are showing in my account under Cradle Arc. We�ve been diluted to the extent that we�d be lucky to reach 0.015p pre-consolidation/45p post-consolidation in Q1 2018 and 0.026p/80p in Q4 2018. To put it bluntly, shareholders with low averages will do well. However, most shareholders will break even or sell at a loss. A disgrace in my opinion.

Placing to raise �2.4mill has already been completed. There will be an open offer for shareholders in Q1 to raise a further �500k.

holding in my account still says Alecto Minerals too. I hope it changes to Cradle on Wednesday.

8,800 tonnes of copper concentrate at 25% is 2,200 tonnes of copper. At $3.20/lb, this would generate a revenue of $15.5mill. The ramp up was scheduled to be complete Q4 2017.

Given the NPV stated in the admission doc, total AiSC including depreciation, interest and tax is roughly $2-2.2/lb. The current copper price is $3.20/lb. Cradle Arc are earning $1 per lb/$2,200 per tonne of copper. The attributable copper production is 7,200 tonnes. Annual net income at current copper prices is $16mill/�11mill. We should be valued at roughly �80mil+. In my opinion, of course.

I intend to buy at opening. However, the company will be so undervalued (�20mill) compared to it's current earnings that there will be significant demand from new investors. The company may open up at a 50% premium. I advise current shareholders to buy at open.

Prior to the acquisition, we had 18mill shares in issue. Now we have 200mill shares in issue. The Bod are giving 'loyal shareholders' the opportunity to purchase 5mill additional shares (�500k). A drop in the ocean compared to the 182mill dilution we have endured. Puts it into perspective.

The �500k cap on the Open Offer renders it pretty much useless in terms of averaging down your total holding. In my opinion, the share price will rise to 40-50p in Q1 2018 and 80p in Q4 2018/Q1 2019. Anyone with high averages will be lucky to break even.

Those bast**** are offering an Open Offer but it will be capped at �500,000. The details will be announced in Q1 2018. �500,000? So that's 1 roughly 1 new share for every 4 currently owned. An absolute disgrace considering the amount of dilution we have endured.

Cradle Arc have ****ed us. Those scam artists have not included an Open Offer, and instead have used institutions to raise the �2.4mill. There is no mention of an Open Offer. However, it was explicitly stated in the Whitewash Circular that shareholders voted upon. We just got ****ed. I wondered why the management failed to reply to my email about the Open Offer. Absolute crooks. So much for 'loyal shareholders'.

I'm not sure for the reason highlighted below. Plus, they expect 200mill shares in issue - this can only occur if when �2.4mill is raised via equity. If that equity was raised from institutions, their names would appear on significant shareholders post-admission (other than Hadron and City Investments).

Capital is still to be raised. If one looks at the significant shareholders post-admission who contributed to the �3.25mill CLN raise, their percentage holdings have not changed compared to previous updates. In addition, there are no other institutions listed on the document, which would have been the case if they contributed to the �2.4mill required.

Typically, an Open Offer period lasts for ten working days. Looks as though we are going to fail to meet the next deadline....

There might be an issue with the link. You can type the aforementioned on Google.

It is my understanding that the accounts need to be approved by the board of directors, in accordance with the Companies Act 2006 Section 414 (S.414): http://www.legislation.gov.uk/ukpga/2006/46/section/414.