Member Info for JohnnyG505

That we haven't had a visit from quindell yet ;-)

Lol Matt, thanks for the vote of confidence. The thing is, if people look at my post last night (21.15) it's quite clear that I am totally behind PM. Up to now his RNSs have been almost inspiring, I just find this last one disappointing, and like I say, sorry if this doesn't fit with others' views. That said, I still hold my 500k + shares.

Z2Z2 and some people appear happy that PM has yet to hit a deadine. Thing is, I'm here almost completely due to PM, he turned PRG around but his constant moving of the goalposts is now a worry to me, sorry if that doesn't fit with your view.

But this is now a double extension, end of Sep, to 14 Oct now to the 18 Nov, that doesn't say to me all is well in PRG land............however I do have another theory................

So we have even more delays........very disappointing. Especially as in his latest video PM clearly said the end of the month......now we're looking at 18 Nov. Also, and I must have missed this in earlier RNSs, but Lucara can still pullout. Not a very inspiring RNS at all........and this from one of his biggest supporters.

I'd be extremely surprised if this funding agreement didn't go through. With the RNS and PM's interview, he'd be ruined in the financial world if it was even suspected he'd mislead the shareholders, with a fictitious funding agreement or one that was never going to happen. For the past year, I've been all about the SP, bumping my gums when it fell slightly. From Feb's peak, I've seen my investment drop 37% yet I'm more relaxed than ever. This is a long-term investment which will only really kick on when we start pulling diamonds out of the ground. Pharma Brown posted a great message about the current finance package, and what the legal terminology meant, it's on the II site or check it out on discussthemarket. Have a read, it may allay your fears. End of the day, I'd rather PM get the best finance package available for the shareholders, which I think he is doing. If in doing that, there is a delay, then so be it.

Ha ha quindell, OK, is semi rampant any better :-)

I really tried to give Quindell the benefit of doubt, but I think he's nothing more than a rampant deramper. Oh well, I did try.

And still more buys than sells.........hmmmmmmmm.........

Ha ha ha Matt, well said :-)

Quindell, quite an assumption that, with no knowledge of cenzo's personal circumstances. For example, I made my first purchases in the 3s but, unfortunately, had to wait until Feb before any further funds were available. Hence my biggest purchase was 8k worth in the 6s. Overall result is an average quite a bit higher than 3. Also, with the unexpected purchase of Mothae, I'd be very surprised if PM was only in this game for 8 or so yrs. If things go as well as he expects, what's to stop him from adding to his assets?

Lol Mike, be careful, you'll get our resident experts onto you, explaining that for every buy there's a sell and vice versa ;-)

I have to be honest quindell, I'm not sure what to make of you. A lot of the time you come across as a massive deramper but then post some decent stuff, by the way, this latest one falls in the deramping category ;-) I'm sure PM is not rushing around at the last minute arranging further finance but the funding delay is having an impact on market expectations/confidence and, subsequently, the SP.

What does your 'insider' say, considering you/they got the last call so horrendously wrong?

I first bought in here when it was in the 3s, since then I've topped up but always as the price went up. Consequently my average is now slightly north of the current SP. Like you, I thought I was getting in early, rather miffed to think I could have waited to buy in now........... hindsight, wish I had it.

Before all the rubbish last week, with TW and the scaremongering, and before any problem with funding was even considered, the SP was happy to bounce around 5 - 5.5p. Now I don't think Mothae was fully priced into that SP but, I consider today's price to somewhat under the price we had when all was dandy. So, come the news when financing is finalised, and Mothaw is ours, I would expect the SP to at least bounce back to the 5 - 5.5 range, with perhaps a little more for Mothae. I serious!y don't see anything above 6 until mining finally commences.

Peter, good post/ Well worth a read. Lots of ifs, buts and maybes but just goes to confirm my long term view that PRG will be a winner. http://masterinvestor.co.uk/magazine/

catlover, ah I'm probably misreading things. I just thought the large sales on Friday might be related to Spreadex reducing their holding. Anyhoo, here's to a good week.

Mike, I'm concerned, following the RNS, what might happen should the spreadex held shares continue to be sold.

Did you see the chart on there as well? Possible bounce to 7p in the next couple of months. No matter what we think of them, I'd much rather they were promoting PRG than running them down. With the sales that occurred on Friday, be a very interesting week next week.