Member Info for Jace86

I guess it depends on where you hold your shares... if in a nominee account many may be taking a risk and selling up assuming they will remain fully entitled. The broker may take your funds and you may get nothing back until you eventually get a refund. Refunds I must add may take anything from a few weeks to over a month. By then, where will the price be? If outside of a nominee account then I expect not at all until you've had your OO confirmed and paid. I cant answer the question for certain as the answer is somewhere between what your broker will tell you and what Martin will say if you call him.

Afternoon. Oddly, I like to see it like this. Nice gradual rise before next news will do nicely...

People are either giving in to fear or listening to people trying to get a lower price... few idiots posting on twitter too with no idea! Have a look at the rns, ignore the stupidly low valuations off some (300k wtf) and see the timeline of news as it comes soon. Those selling now will likely have been traders that are completely unresearched and piled in simply because others did! For those wanting the OO, be sure to check with your broker when cleared funds need to be in by and be sure to tell them what you want from the OO and if you take the lot how much excess you want and provide a total. Make it crystal clear. Ignore the noise, trust your research in the co and the grade of the material and you'll be rewarded well!

I don't know who the commentator is (maybe I'm blocked?) but I can't see one persons view holding much weight against all others for very long... Trying to get in lower hardly ever works...

They wouldnt have been allowed to say that at a presentation... Therefore I'm taking the placing comment with the pinch of salt it deserves...

It wouldn't be an immediate 1p. There would be a real rise though near term... Only a few years back someone wanted to buy CG for 280mil (500m Singapore)... they must have seen upside... Anything where gold is more than 2g/tonne is also considered high grade. Can't imagine mining costs being high plus there is cash/loans due back to the co when you look at the filing... Gold is on a rally too at the moment thanks to Trump/Xi. The last rns should have been the biggest clue to anyone...

Last rns it was below 3 percent so there won't be another tr-1.

With all your 90 shares at 34p! Not worth the commission surely? But at least it's a buy...

I recall last time bmd put out that bunga mas was on the table and it forced the company's hands. Time on from that there was several placings so is that the play again here? Only a few months worth of cash left... no real projects... I'd be careful of the "we are pleased to announce that we've successfully shafted shareholders again and diluted you into oblivion..." If they had been approached around the colter drill they should have declared it I would have thought as well...? Time will tell if there's any substance to the latest article...

Tonight's presentation should encourage some buying over the next week. Next bit of news shouldn't be too far away either...

Existing retained contracts and get rid of the Stemcell nonsense...

Interesting spot on the shares in issue - I think theres been an admin error of some kind as it's only very recently that number has changed...

The plan was to do a placing and it was possible it was forward sold. Since the last GM, resolutions were voted down and this has resulted in the open offer so only existing holders can take part and existing holders weren't diluted out on the cheap. PH now seem to be playing better and hopefully things now benefit everyone as this co progresses.

Hes not sold. The price would have dropped by a lot more and he wouldn't have signed the agreements that he has signed and made an offer for the co... all in the last rns!

Haha don't trade whilst on the booze... it's dropped through a few trying to sell to take part in the OO by the looks of it and with the market being fickle in general there are others that have just forgotten about this stock. As news comes buyers will be buying in much higher! Others trading and not interested in holding will probably have an alert set to get in before the GM.

Just last week you said you'll look to buy more here... Looks like someone sold and wants back in lower...

Have a great weekend all! I'm sure we'll all get something on Monday.

That's probably the fault of Halifax not making it clear for you. If you can direct message the corporate actions team (if they have one??), make it abundantly clear that you are applying for the full entitlement and subscribing for an excess. Along the lines of... "Dear sir I wish to apply for my full entitlement as per my holding and continued holding from 30th April of 7 million shares. Further to this, I would like to subscribe for an excess off 3 million shares. Therefore my full subscription will be for 10 million shares. Yours faithfully Mr chillipepper64" If you have to spell it out for them do so... but as I say, what you had and hold from 30th April is what you are entitled to apply for regardless of how poorly Halifax might have worded it - they took long enough to get it out so it should have been perfect!

Papertub - looking at the timelines we may not get our shares until news is out so they should be trading a lot higher.

Your OO is guaranteed so it's the 3m (10 minus 7) that you may get a percentage of.