Member Info for jyee7

Is this the one?

https://www.proactiveinvestors.com.au/ASX:SAU/Southern-Gold-Ltd

Won't have long to wait as update could come anytime in September.

Raised at 10.5p in January.

East Imperial has executed placing letters with institutional and other investors and certain of the Company's directors, to place 32,398,899 shares ("Placing Shares") at 10.5 pence per share, raising gross proceeds of GBP3,401,884.40. The Placing was the result of demand for shares from a number of institutions including Aviva Investors, who subscribed for 9 million shares, taking their total beneficial shareholding in the Company to approximately 26.1 million, or 7.7 percent.

That's a question you can put to them in the webinar if you want.

From May this year,Align

In June 2021, we revisited our target price for BMV. Using a flat gold price of US$1,775 per ounce, we determined a Net Present Value using a 12% discount rate of US$302.56 million. To be more conservative to allow for project execution risk, we discounted this NPV by 50% resulting in a figure of US$151.28 million. This equates to 23.28p per share based on the number of shares in issue (467,482,119). Based on the number of shares on a fully diluted basis (650,901,578 where we included all of SAU’s 200 million shares) gave a figure of 16.72p which we adopted as our new target price.

Roll on Tuesday and last chance to get in.

He'd better get in before it goes much higher. Wondering if news is on the way.

It's now economically profitable to run the mines now, that's why they're doing it.Doh

1.1 million buy at 2.4p

nt to buy over 100,000

Was that a 2.5 million buy?

Hopefully we'll here about expansion into other US states.

In the key strategic US market, revenue was 37% higher than budget, with June being East Imperial's biggest ever month of sales. The US team has been bolstered by experienced senior hires from the world of luxury beverages and the company now has a strong distribution network in place via a long-term agreement with Republic National Distributing Company (RNDC), one of the largest distributors in the US. RNDC initially began distributing East Imperial's mixers across eight key US states in March 2022 and given the success seen to date, plans are now in place to expand into more states over the next few months.

https://www.**********.co.uk/articles/east-imperial-signs-us-distribution-agreement-across-37-states--8d30b1e/
From Jan this year

They already have a bottling arrangement in the US unless it's something else you're talking about?
https://www.croxsons.com/portfolio/east-imperial-tonic/

https://www.philstar.com/business/2022/08/20/2203768/mining-industry-gets-much-needed-boost

You can't have all these good updates without thinking the news in September will be positive. Roll on September

Nice 2x800k buys

I wonder if we're due some news? hence the rise

Think we're due an update in September if not mistaken.

Strong balance sheet and cash to fund further expansion through 2022. Net cash of GBP 0.3 million as of 31 December 2021 and GBP2.2 million as of 31 March 2022 following GBP3.4m placing in January 2022.

Looks like 30 million shares bought the last few days unless I'm mistaken.
7.5 million Monday and 3x 7.5million Tuesday.