Member Info for honestbob

Sw I can follow your conclusions through.

But in my opinion they rely on company be able keep afloat with no income for some years and the report having results you anticipate.

I think worth mentioning, as you perhaps aware, the company has a history of reports showing more resources over the years. Each expensive and followed usually by a price increase which seeps away, as we have seen twice recently.

Rather than have yet another one (which might not have any better results) do you not think energies and money would be better spent getting into production and some cash generated.

We have to be mindful that the company is kept afloat by share issues and loans from Juno both of which might not continue indefinitely.

With cash coming in thhe company could then research further without constannt threat of funding drying up

Difficult to read anything in it unless planning to sell sufficient to cover purchase cost otherwise perhaps encouraging that directors would appear to thnk 2p the floor

Mikey it is a worry when you have that concern - i don't always agree one hundred percent with your conclusions but I do welcome your usual optimism which sometimes gives positives I had overlooked

There is no qualifying period. You simply have to own them on before what is called the ex dividend date. If you buy them after that date the previous dividend goes to the seller. A quick google should pop out ex dividend and payment dates.

I understand how shorting works. It is reporting I am not clear on. Is it if you short more than.0.1% of a companys stock (in aym case about £ 11000) you have to report it. Predumably on opening or closing the stock?

Wb1984

It is s good question about the hole in the ground and in all honesty your guess is probably as good as any one else's

The company's website i find very informative.

Ps who knows if price drifts much further you may be back

Whilst i don't agree with your conclusions about SW i am pleased that you did well here and congratulations on your timing

ATB

I must admit I agree with railwayman any good news for Labrador is excellent but unless AYM sell some or all of the stake or receive a dividend(which would be some time in the future) is not likely to help progress at Parys greatly in the short term

What is needed I think is some news regarding progress there

In meantime i suspect price (with some ups and downs) may be fairly level - hopefully at upwards of 5 p

I do have a theory which I have mentioned before that some or all of the placing may have been taken up by investors looking for a quick turn. In which case that large overhang could put a dampener if and when share price
gets to 6p.At least until the bulk of them have gone.

Sadly I cannot recall a promised report arriving on time they are usually at least a month late. In fact from past experience they usually arrive well after the due date.

There is often no significance in the lateness good or bad.

I would hope if sold would be for more than 15 million - which I think works out at only just under 7p a share and the debt would have to come off that from memory taking down to about 5p a share.

Isc - i was referring to the one of the eleventh of January in response to Mikeys question. Also the company's website is usually quite informative

Have a look at the RNS about the PEA what little information the is is there

Hold not bold

I realised that and did thnk about it but the shares had to be sold by some one or more than one person for the other half of the transaction - unless the market makers are bold deficit to be filled on books - in which case one would hope they would teeak the price up to set done sellers to balance the books

Wonder if this was a chunk of the rights shares filtering through

Yes they have wonder what going on

Realistically cant see Germans ever being paid back and they will have to treat it as s donation/subsidy to the other nations. I suppose the question is how long the German people will tolerate the situation if the amount grows

As an aside if interested to see potential perils of shorting suggest google porsche - vw take over

It is a somewhat lengthy string of events with two stings in the tail

Might appeal to Brent knowing your interest in all manner of things