Member Info for Geovanni

If Calibre make an offer (with their paper, rising higher every day) of not less than £1.50 then Mark can ride out in the sunset with his £3m bonus. We can all then enjoy a very good ride with Calibre ourselves and their experienced managment. I can't imagine Mark would actually want to run a mine??

Nevermind

I think there is an error in your FOG valuation. For that additional A$150.5 FOG would have only had to contribute 30% of the costs. So that means FOG have have sold the 7.5% to gain an extra A$45m funding contribution from Origin. This values the remaining 22.5% at A$135m.

Cam someone that participated in the webinar clarify exactly what was said regarding:

Toll Mining
Decision in 2 months on plant
The Chinese option - decision by the new year?
Private Investor participation in Equity raise
Whatever else was discussed
It is not clear from the posted comments which of you participated and who is just pontificating

I am sure everyone will appreciate such clarifications.
Thanks

up 13 canadian cents to 68 = 39p

We knew three months ago that toll mining was a off the table when Ryan King made it clear in his 90 minute ramble. It made no sense at all when the share price rose to 38p early March and second-hand plant had already been raised as an option. Once the second hand plant is about to be bought that is when Calibre or Rio will realise they are in danger of missing the boat. I expect a decent bid from one of them within three months of the announcement on buying second hand plant. What a lovely moment this is.

that toll mining...

In early Feb Ryan King (Calibre - VP Corporate) gave a strong indication in the 50th minute of a very long interview, that t mning with Condor wasn't going to happen. He did add that maybe Calibre could reach some kind of deal when the Calibre share price is more highly rated. It was 90 cents (Canadian) at that time. It is now 119 cents. When the gold producers' financial results start showing big profit uplifts, the hot money should flow to this sector. Even if no offer comes (hard to imagine) Condor will have risen and it will be much easier to get finance.

The two trades at around 620k was a Bed and ISA for the full allowance value of £20k. No need to panic. I am going to do the same in the next few days for my 338k share that are not already in my ISA.

The Origin announcement states a A$25m uplift in the cost ceiling before Falcon contributes. The Falcon RNS states a A$150m increase. Can anyone explain this discrepancy. The AS25m can't be right as it is less than the current market cap. of Falcon?

dprussky

'... to minimise capital expenditure during Falcon purchase' .

Please clarify what you mean by this phrase.

Yes. This is an encouraging sign. meanwhile the share price here is 25% lower. This mismatch has never lasted more than 2-3 days.

On the positive side. This values the remaining 22% stake at 30p/share. With the advantage that the share price is no longer weighed down by the need to raise money with a low share price while costs still increase. This will be the reason that POQ needs to convince on.

My screen shows a finish at $8.16 = £6.59. Not long to go now as its starts its voyage to the bottom of the sea.

It isn't a credible plan to survive. Sadly it is a desperate plan. A picture of an industry in the foothills of a terminal oblivion. The recognition of the new and higher risk factors disclosed in the RNS is a wake-up call for all the dreamers.

I have had to do the same to cover a variety of losses. I did not find a form to fill in. So you need to write them a letter and list the trading losses relevant to the particular shares and the date the losses materialised.

mathsprof: you are looking at the wrong item.

You need tofFind Carnival PLC ADS . Code is CUK listed on NYSE. Price there just now is $15.15

https://www.theverge.com/2020/3/23/21187076/cruise-line-industry-bailout-trump-coronavirus-us-companies-tax

Sunak has advised that airlines here will need to explore all other options before any money will be provided in this country. It will be the same in the USA. At best get ready for a deeply discounted rights issue as part of any USA bailout of this strategically irrelevant industry. Only the barking mad would book a cruise anytime in the next two years. It is going to be interesting to watch the share price decline to £2

I have plenty of other things to do in my life. Like buying 4000 BP last week at an average of £2.50. That was as equally obvious as waiting here is the obvious thing to do until this pandemic is under control. Get in the garden Pocko.

I've been a shareholder since Oct 2010 with a three year gap between March 2014-17.