Member Info for Ironic

Is there a bidding war going on in the back ground ......Akdjol-Tokhtazan was up for sale at $4.5 million increased to $5 million and exclusivety ended but David still in negotiations with $ 400,000 non refundable in place . So serious negotiations !

And Akdol-Tokkhtazan was increased from $4.5 million to $5 million following the last diamond drill survey . So must be good .

Is a cash shel worth more than its cash held ? Could this be a 5 Bagger ? . OSU could have £10 million to £14 million soon in cash . With no debt and reduced costs !

Do you see this as a 3 or 4 Bagger ?

The talks are on going but not exclusive any more . As you say we hold their $400,000 that we keep if they pull out and they have taken of the price if they buy !!!!!. Point is Dave###### who had me banned a few days ago said the gold had no value !!!.

Thanks Dave ****** . Share Pickers pod cast 455 proved the point , after sales total cash will be 300% bigger than current M Cap .... So a cash shel with three times as much cash and no debt . Keep Akdjol-Tokhtazan or add $ 5 million ! . 3 or 4 Bagger ! .

Filtered as I start to ask why Dave is interested here ? . 300% below valuation maybe . Even more if he can keep lowering sentiment and SP before his enevitable buy . Why else is he putting so much effort in ?

What have you based you buy on in here , why are you interested in OSU ?

To early to see who should appolagise , this is a re trace from a good day . I didn't give the 5p valuation , I think 3.5p based on current M Cap and current asset value . 5p could be achieved eventually due to restructuring and cost cutting latest saving leaving AIM in a month .

Asset value $11 million , allowing for expected cash burn . As at December 31, 2015 the Company had net assets of $12.2 million . Dave looks like your righ on the vote . ( don't usually need a vote to sell part of a company on AIM ) .

Regarding the sale of some parts of the company . This doesn't require permission from share holders . But a reverse take over MIGHT a complete sale WOULD . Cash burn for nearl 4 months shouldn't be to high .

Metals are struggling so the SP has dropped below a realistic value . Now sales are agreed in principle with deposit we should see a re rate to sales value .

The move is a month away . Most trade by the hour so a month is a life time away for them . In all honesty I will sell before the 11th May for convenience unless we see big holdings RNS suggesting a reverse take over or something else happening .

One for one but with exchange rate factored in . All quotes will be in dollars .

You can't tell the buys from sells most of the time on AIM ! . Using price at the time is not always clear as a big order buy or sell WILL be at a negotiated price nor the price at the time . When you have more than 3 weeks on AIM you will start to understand this and the order book . Not to mention reverse takeovers .

My friction is you lies about what will happen when this changes to TSX . Your clear de ramp based on your 3 weeks knowledge of AIM .

Your posting negatively based on the retrace from the rise today ..... Yet SAR have done the same today yet you are posting positively there . What about their back ground seller ?

With your 3 weeks knowledge of AIM never mind TSX do you know how a offer works with the broker

If TSX is still to be the prefers market then we will be either bought out at their price , or offerd shares in TSX or a reverse take over with the cash from the sales to then remove from AIM . This is not the usual AIM bankrupsy this is the profitable sale of assets ( profitable to current M Cap ) . Giving a decent profit and a asset to continue with .

If only AIM was that simple , SP starts to re trace there is a seller . It could also be a big order being filled .... Money in the bank , assets being sold for more than current M CAP . Then we have other asset to work .