Member Info for HBomb5

Webinar - fully funded to profitability

Good progress being made on sales growth and I particularly like the continuing focus on cost control.
Hopefully this is the start of a re rating and we get back through 0.5p and in time a lot lot higher. GLTLTH.

Shares are back and tradeable HL might need a nudge that trading has resumed

Am I right on the assumption that site survey once complete lets us get the remaining 5 permits and then we can commence drilling fairly quickly?

Warrants that came with the last fund raising kick in at 4.8p so would say above that is a logical target at some point but obviously the more gold we can find the better for the share price

German investor has trimmed their stake

Dare I say it this is starting to look interesting.......

Possibly trade reported via another exchange no LSE

Jarvis was in on Tuesday

Dividend has been credited by Jarvis last Friday

Link to the update is below

http://octagonalplc.com/wp-content/uploads/2017/09/Octagonal-Ltd-Shareholder-update-letter-2-12-21.pdf

I think its more a case of the wider market, small caps generally out of favour a little.
TBH I never thought we'd see sub 0.5p again but if you believe in the fundamentals it's an excellent buying opportunity at the moment.
Looks well over sold IMHO but doesn't mean we go sub 0.4p first, I'll be looking to add more shortly (rightly or wrongly who knows)

6p but should be funded for drilling now

You do realise that both Imperial Brands and Casa Verde are in this pre IPO and didn't invest additional funds at the 5p IPO level.
Still no licensed product to market oh and don't forget about all the medical trials hoops still to jump through.
Small director purchased don't help with the damage NM caused with his loan deal.

At the end of the day drilling results are properly going to move this share price and yes most IPO holders are still well underwater in this one.
NB Liontown ASX listed raised a chunk of $$$ last night for their Kathleen Valley Lithium Project, looks like they are about 20km up the road, but with them and Bellevue lots going on very near by for Australian standards distance wise

No need to ramp this to high heaven just yet the company have a lot of work still to do to rebuild investor confidence.
Absolutely no problem with liquidity on this one more than 100% of the freely tradeable shares ie those which are not locked up have been churned through the market. The last time I checked over 60% of the shares in issue have changed hands since the IPO.
NM/KCP loan - they appear very lucky to have got away with this as far as I'm concerned
OCTP has potential but don't be fooled into thinking they have a product ready to market yet, a long way to go on that still and don't be surprised to see another fundraise in the next 12 months

Small proactive mention also
https://www.proactiveinvestors.co.uk/companies/news/967075/mila-resources-is-back-re-listed-in-london-and-raring-to-go-on-its-australian-gold-exploration-ground-967075.html

Looks like drilling is imminent

Most decent brokers you'd pay no more than £100 in term of spread for Bed & ISA/Sipp if even that high.
Those of you who's brokers can't accept shares from Primary Bid you can always set up another account with on that can.
Personally I'd use one of the Jarvis platforms like x-o or sharedeal active as you save £20 costs in moving the shares to your broker.

Junior companies not in production do require funding and it has to come from somewhere
Its just making sure they are able to put the money to good use

A loan by definition needs to be repaid at some point
This is a tiny amount of dilution compared to the market cap
Absolutely nothing to stop ISA/Sipp holders buying in their own name then flipping it over