Member Info for Jackbal

Unwrap it and it’s another study that probably costs more than it makes

Hope this isn’t the “big news” you were forecasting

Ground hog day

People like Prelea have and will always exist but wTf is the nomad on?

They either haven’t even informed holders whether a debt extension has been agreed and appear to be in default territory.

In some countries he would get his hands chopped off but in muggy UK the welfare state of the world he asks for another 7.5 million notes.

He deserves a forensic audit before another single penny is awarded to him

Started buying at .032 - couldn’t ignore the relatively chunky institutional involvement in a micro cap.

They will be getting in ahead of some positivity I feel - one rule for them and one for us (data rooms et)

So happy to pay a faction over what they paid for 5 million because if this doesn’t rerate significantly they are never exiting and if market wants to take it below placing price I’ll oblige again..,

Good luck all - near term catalysts inbound, dilution mostly priced in

The dip didn’t last long - the window to buy sub placing might close soon.

Get in quick guys (only joking - think long and hard before dabbing with this kind of thing)

I don’t know but guessing Around the middle as Q4 under new management was released 16th…

Added to my lot at .9

Will prob take one or two more bites at .8-.85 shows before Q1 update

Good luck fellow gamblers - total gamble this

Q1 update could just be a continuation of the previous 18 months non performance so who knows

Buying here though is 10% discount to conifer - the professionals who backed 1p placing

Ok, how do assayed values compare to sale prices?

Who is paying the extra costs rising from the delays?

No diamond sales = no admission doc.

Think about what that document would look like without this value declared.

Complexity of valuation?

It’s usually the other way round.

Broker turns ON tap implying stock is readily available and NOT in short supply

Broker turns OFF tap implying stock IS in short supply.

Which market would you rather be long in?

Fwiw I’m long at .95 and .9 and will go longer if .8 offer shows

Not blaming you saveshares - just pointing out the thoughtless waffle that infects these forums - i

Unbelievable - make up a fantasy prediction and then claim “nice”.

There are 1.139 billion shares oustanding

1.139 billion multiplied by 37 pence IS NOT 118 million is it?

I looked at rns going back years and it’s a total disgrace!

I bet they pay themselves on time every month when they airlift the wages in.

Iran is a perfect excuse but doesn’t really explain the previous 12 months and previous decade

Ask yourself:

If you were selling the family jewels would you want to be regarded as a distressed seller?

Is Vast (seeking extensions to debt default date) distressed?

How can a distressed plc hide its distressed status?

Why do buyers always make low bids to distressed sellers?

Diamonds obvs haven’t sold - dire straits

The Curveball in this is that the loans are secured against Romania property owned by a pal/contact of Prelea. It might be a lot harder for him to stick 2 fingers up to his fellow Romanian than it is to uk investors…

This is like eastenders - bad actors, silly narratives but still I watch to see what happens next.

Know it’s not my business but frustrating to observe because it’s so obvious they can’t create a credible admission doc prior to diamond sales. The sales must surely come first because they are such a necessary component of proposed rto.

7.5 million not enough to extinguish debt so it would be a nonsense to proceed on that basis.,

Maybe I’m reading the posts wrong but it seems that posters believe the rto can proceed without the necessary sales…

And if they don’t sell soon the monthly overhead costs will eat up even more cash and put the company even further into difficulty…

Let’s blame observers for pointing out market B@shxt instead of focussing on the B@shxt artist himself who has enriched himself in the millIons by ripping off UK investors….

Yeah that makes sense