Member Info for ihavenoclue

"In his most recent interview DM mentions going back to clink before the March grouse season. It’s clearly high on the agenda."

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I have visited the Rockies many times over the years and this did not sound right. Grouse are mating in the spring so you don't have the hunting season then. I looked it up and Grouse season is 1st Sept - 1st Jan so I have no idea what DM is on about.

Nice win for the Toffees yesterday, by the way.

Pompey, Bo knew who they were going to sell to back in April so you can be sure agreements are in place IMHO

Shares are valued around 12 times revenue not 5

Ct10 ... if you replied to the thread his message started then all messages on that thread get removed

Bo did own 8% of the company ... he now owns 6.4% of the company and DM 2.9% of the company after the dilution

"Additionally, looking at the volume averages since admission, daily averages look to have been around the 3 - 4.8 million daily volume, since the second week of December the average has dropped hugely with averages of around 1.2 million daily."

That's because I ran out of funds ;)

Skippy ... you liar .. I bet you know all the words too ... "There's a voice ... keeps on calling me ... "

I preferred the Littlest Hobo to Lassie. Hobo was a more street wise version of Lassie :)

Troajan .. I am old ... but not THAT old ;)

I wondered what on earth you were talking about :)

That's true. Now funding is sorted I want them to get over to Ingomar and give Clink 1 a really good douching :)

Stas ... at 16p market cap is £25m (0.16 x 157m)

The larger holders were clearly selling above 15p as they know they could buy shares in the placing at 15p ... us PIs are always the last to know.

Todays thread is clear from derampers which speaks volumes to me.

26% dilution isn't bad at all and now we KNOW Hex is fully funded through to production.

"BS and DM have taken a large dilutive hit by this placing so im guessing it wasnt taken lightly."

I wouldn't call 26% large dilution. I've seen 300% dilutive placings last year that really wiped out original shareholders.

I agree about the funds as sometimes debt can be more damaging to the SP over time than a placing.

Perhaps they went to the ones who didn't get full allocation in April ? Only a 50% increase from an exploration company to funds to get production up and running.

Now we know the reason for the SP action and now the placing is done the green boxes have vanished. A little more dilution but now fully funded so all good.

Skippy, yup toughens your skin to hang in longer so patience can pay dividends...literally

Skippy, glutton for punishment then. I am a Villa supporter and had several rough years circling the relegation plughole

Has it all gone Pete Tong ? 🤔😉

"When the buyer runs out we will see the share price rising again IMHO"

Did you mean the seller ?