Member Info for herb6345789

If you are invested here, you will no doubt have had at least a cursory glance at POL's investments and noticed one of them is in GCM. Did you see that? Do you know what GCM is all about? If not, I respectfully suggest that you do a very small amount of reading on it.

When BLK was worth a lot more the POL sp did rise so it can go up. It just takes a disproportionate amount of increase in the shares POL holds for that to happen .Let's say GCM gets the GL, we could then be looking at 10p hahaha

I held some of these for about a year and saw the sp go from 0.1 to over .04 and sold out most of mine at .04 and then a few more at .2. In my opinion , and if I still held them now, I would sell at what you can get for them before they are worth nothing. All the promises have come to nothing.

looking like a canine

20 November 2017 Sandra Wutete Australian Securities Exchange Limited Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000 Dear Sandra REQUEST FOR VOLUNTARY SUSPENSION Pursuant to ASX Listing Rule 17.2, Blackham Resources Limited (ASX: BLK) requests an extension of its voluntary suspension over its securities pending a funding arrangement. The voluntary suspension is requested until the commencement of trading on Monday, 27 November 2017. The Directors are not aware of any reason why this request for voluntary suspension should not be granted. Yours faithfully Mike Robbins Company Secretary

if BLK secures a long term refinancing deal, it's sp could rebound, and POL's with it?

Well the AGM seems to be scheduled for 24 Nov, so I suppose all will be revealed soon. https://blackhamresources.com.au/wp-content/uploads/2017/10/BLK-NOM-AGM-24.11.17-Final-2.pdf Or not.

http://blackhamresources.com.au/wp-content/uploads/2017/11/Voluntary-Suspension.pdf BLK asked for an extension If they can't raise the money to refinance their debt, it looks very gloomy. There are many people who have lost a lot of money on BLK: it was over one Australian dollar not that long ago and it's about 14 cents now. Look at posts on the Hot Copper websites to read Tales of Woe.

There's a little bit of a question mark after the BLK investment at present so let's hope it works out for the best.

https://www.sharesmagazine.co.uk/article/owning-shares-in-a-delisted-company "Difficult situation Overall, it seems like the odds are stacked against retail investors when companies delist even if there is value left within the business. Share prices tend to plummet at the point when a company announces its intention to delist. Investors all rush for the exit to claw back any money before liquidity disappears. Deciding to sell shares in these circumstances is a tough one to make but might ultimately be the difference between salvaging some value from an investment that has not worked out and receiving nothing at all."

surging up, hib doing well... We should be going up here soon.

"The Board of Directors of the Company would like to reassure its shareholders that a new nominated adviser will be actively sought and an announcement will be made in due course to keep shareholders apprised." I topped up today.

The End of the Universe.

Yes. That's the one.

Just had a small top up of 40k shares, @ 4.3p. However, if it drops in the short term, I'll buy a few more at these levels. because value Hib holding alone = current market cap.

lower can this go?

Is that the company with MR FONG BIN YONG as Director, a Malaysian national? Purely coincidence perhaps?

Good points. If he really "knew something they didn't" then why would GCM have to dilute about 11% to pay a "success fee" to someone else? What happens to the fee if there is no success?? Hahaha.

I have sold the few of these I had remaining following the latest batch of results, which were underwhelming and disappointing. Unless there are some spectacular results soon, this could be back to almost zero.

I wish I'd sold all of them now, but at least I made a profit so far. Another set of poor drilling results coming???