as I still have some shares here and it doesnt look great.
Before you say sell out, I have sold some around 2.30 and kept some but they are currently worth a lot less since mr lenigas ramped this up for his own personal gain.
So feeling a bit miffed!
Ramping this up to the required price for the conversion!!!!
this is taken from the RNS dated 23rd of April, read the last sentence!!!!
(C)      the Company has agreed that it will issue 5,000,000 warrants with an exercise period of 48 months from the date of issue (the "Warrants") to the Investor entitling the Investor (or any subsequent holder of the Warrants) to subscribe for one share per warrant at the exercise price equal to £0.0995.
End august into september was supposed to be final western icewine conventional 3d results.. So say by mid sept maybe results announced . Then into q4.. oct and nov, yukon 3d final results announced.. on success case.. this is then advanced into an appraisal project... so no need to do much apart from find a farminee to pay a couple/few freecarried appraisal drills plus bring it to bankable feasibility stage.. so perhaps drilling in 2020... By end of yr we all expect at least the western icewine conventional farmout.. possibly a freecarry on at least one (preferreably two) drills with some cashback for past costs.. leaving 88e with 30% net.. Then in q1, the horseshoe drill and probably stellar/lima get done... Bravo might be left for following yr and yukon might also be in farmout stage over 2019.. but hrz farmout might/should be completed by or in q12019, so that at least one horizontal (2500ft at 12mill usd or new 11000ft at 25mill usd) into hrz... So as far as i am concerned.. some realistic potential for success case on 4 of the 5 main projects.. from sept18 to about jul19...
100% agree
It is so obvious, regular 1 mill sells.
When good news hit we spiked a bit to 2.65 then back down, there could be a deal in place that all placing shares are sold within a range hence why its taking longer and can only sell a maximum of x in 1 trade