Member Info for Ian_

Afternoon Richardo,

Yes, I do see what you are saying, thank you for correcting me.

Yes, as stated it is a net effect, and if the company doesn't spend any of it, we are neutral and balance out.

And as you have pointed out, on the day the new shares hit the market with our extra £7,650,000 added to our Mcap we also balance out.

But we know the cash £7,650,000 is going to be spent and that is where I made my error and deducted it, thinking forward too much and not on the day.

Thanks for that, all the best.

Hi, again Stix,

I did this to show the hit the board is taking due to the dilution at 22.5p :-)

Dmitry Suschov holds 456,989,458 shares, and at 22.5p, which equates to a value of - £102,822,628.05 - which means at 1.23% dilution, it has cost 'HIM' personally £1,264,718.32 to allow for the printing of new shares to allow the institutions to buy-in.

Christian Schaffalitzky holds 84,509,517 shares, and at 22.5p, which equates to a value of - £19,014,641.32 - which means at 1.23% dilution, it has cost 'HIM' personally £233,880.08 to allow for the printing of new shares to allow the institutions to buy-in.

So, as stated, EVERY current investor will be hit, but the BOD will be hit the most...

All the best m8.

Hi, Stix,
I don't think it's like that, you, me, the BOD, every current shareholder has taken a 1.23% hit, to allow these new extra shares to be printed, we are sort of funding this ourselves with the hit, just that some other entity the 'II' is paying to buy them off us after we get them printed. a net effect as it were?

Hi, Selecta,
You, query why have not more Institutional Investors invested in this stock?

As pointed out some time back, anyone looking at past production figures and profit for this company would not be impressed with what they found, the company has only just turned the corner and is for the first time making some profit, all the valuations are forward-looking and not current production, and then the company puts the for sale sign up.

Big institutions have various criteria to meet, some don't like AIM, some need to see a full year or more production figures.

We can only guess at their criteria for investing and perceived risk management.

But to invest in a company that has been burning cash during the exploration stage to suddenly switch to production with no figures to go on, and then to invest when a company puts its self up for sale and bet on a good outcome may make them dubious of a good investment decision could be and reasons not to invest here at present.

Their loss in my book.

Good luck.

Good afternoon, RetiredBanker,
I think we are currently sitting at a fair value for what we have been RNS'd for so far, and bear in mind this is AIM, driven by sentiment and not in relation to what this could be worth, when the flanks paperwork, with the rubber stamp on it, arrives this will rerate to the next rung up the ladder, in my view.

Good luck to you.

BigFatPayDay, added to the list for 4/9/20, good luck.

Good evening Tilly,

Yes, at the moment you have a date all to yourself for next week, good luck to you and do have a good weekend.

All the best

Ian

PS Spookyfish and BULP added to the list, good luck.

Take it as done and have a good weekend.

Evening Bacefook,
the only problem with that is the 31st August is a Bank Holiday Monday in the UK.

care to pick another date?

Today's entrants were:-

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TheBeastOfBodmin - 21/08/20
Ninja35 - 21/08/20
RentAcone - 21/08/20
Kevijoh - 21/08/20
1FruitCake - 21/08/20
DavePenny - 21/08/20
Imping - 21/08/20
----------

Bad luck everyone, NO RSNS today, have a good weekend all, cheers.

Good morning Pete,
I hope you have a lovely day with the family and a good weekend as well, take care.

All the best
Ian

Today's lucky entrants are:-

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TheBeastOfBodmin - 21/08/20
Ninja35 - 21/08/20
RentAcone - 21/08/20
Kevijoh - 21/08/20
1FruitCake - 21/08/20
DavePenny - 21/08/20
Imping - 21/08/20
----------

Good luck everyone, it is the last trading day of the week, hold onto those valuable tickets :-) could today be the day?

Good morning young Tiddlor,

Your snoring is keeping me awake in this coffin :-) haha.

Nice post and I totally agree with your mental state analysis on him, stay safe and well my friend.

All the best
Ian

Just had to look it up as had no need to use it, it is
Ian_
@Ian24217085 apparently

just off to bed now, good night all.cheers

Hi, Seadog,

I purchased two new ones from good old Argos and they are so quiet at low speed and I had my best sleep last night in the recent heatwave, Tiddlor was correct to call me sleepy head first thing this morning :-)

Thanks for asking. cheers.

funnily enough, I have just joined to be nosey, but have no posts :-)

Evening GeckoLG, cheers.

I don't appreciate being taken for a fool, but someone is playing this board and some just can't see it, they revealed another fib today, it is so easy to see through but the disciples can't see the wood for the trees...

I will just sit back and have the last laugh.

All the best
Ian

Cheers Stix, have a good evening m8.

WKworld, thanks for the kind words, have a good evening. cheers.

Evening AstonDB9 and Hallster,

Thanks for the kind words, to be honest, I forgot the time as just renewing the computer anti-virus software..

I see I have a badge of honor and been filtered by Rowka...haha.

Brilliant, ... I will bite my tongue and not say what I feel....

I have never used rude words on line but today got close...

Tiddlor, I've joined you in the filter bin...

Have a good evening all, I have my feet up sipping my G&T, ... smirking.

See you tomorrow bright and early.

All the best.
Ian