Member Info for KevTheRed

If there is any customer buyout I am pretty sure Patrick would not let this go on the cheap.

Lordbyron was holding nearing 50m shares in December 2017 and stated on 1 May that he was holding 94m. Makes my 14.5m look like peanuts!

Hi Stretchum. I can't see this moving in the short-term unless there is further positive news. If it does go up it will retrace again, just like it has before. This company needs a mining licence/OTAs/production to really move. I bought another 1M this morning at 0.00156 on a 2-3 year view. Holder since 2009. What are you basing your opinion on?

Hi Rodster, also bought some at 4.2 pence on the way down from 6 pence!!! Average now 0.0020. I've been in this game too long to know there are still risks here but the company now looks in a far better position than 2011 and yet the share price is a fraction of what is was then. Good luck to you as a long term holder.

Just topped up - 1 million @ 0.00164. Holder since 2011 and will by more on any drops. Bought some originally when these traded at 3 pence. Holding 12.5 million now. Looking good for the future.

Agree with you f15jcm. The share price has traded a lot higher in the past. It looks like I will have to be patient with this stock.

I have just seen an article in City Confidential dated the end of November 2017 describing this share as extremely good value. The article also refers to the shares trading on an extremely low multiple of earnings given the level of net cash held and states that it is not a situation which can continue indefinitely. CC mentions the attractive dividend yield plus the strength of the balance sheet. On the negative side it mentions fears over consumer spending. However the company recently said in its half-year report that trading improved strongly in November 2017 and had started the lead up to Christmas well. CC rated the shares as a buy.

Managed to pick up another 40,000 at 8p but had to do it on T2. Will hold these for medium term and see how this pans out. Fundamentals look good.

I usually buy on T20 but can't do that on a limit order. I use Interactive Investor. At lunchtime I could have bought another 20,000 on T20 but late afternoon I couldn't get a quote for 1,000 on T20. I wanted another 40,000 and will try again tomorrow.

Just bought back in. 40,000 shares at 7.999. Looks undervalued. Tried to buy 80,000 but couldn't get a quote.

Probably has a lot to do with what's happened at associated business TYM today - up over 250%!!

Just managed to pick up 4000 @ 49p on T20 with TDW. Earlier order failed.

Personally, I think it worth topping-up at this price. Unfortunately I don't have any spare funds at the minute. The next trading update is due within the next 2 weeks or so. Let's hope it's a really good one and leads to a higher share price (once the sellers have gone).

One also has to remember that the share price has increased about 75% in the last 12 months. Share prices don't always keep rising up and up without a retreat at some point but this looks considerably undervalued to me. I intend buying some more should the price decrease further.

I can't see any reason for the current fall and the share price should increase given time. Results for p/e 30 June 2017 showed total group revenue up 45%, underlying total operating profit up 31%, underlying profit before tax up 40%, underlying earnings per share up 25% and net debt down by $5.1m. Management has stated that trading is in line with expectations. New maintenance agreements have been signed since June, Wheels Up seems to be thriving and a Downing fund recently increased their stake in Gama to 6.2%. The only negative thing I can find is the ongoing legal action between Gama and Dustin Dryden, a former director of the company, and/or entities associated with him. The directors of Gama concluded that no provision or disclosure was required at the time the claim was made or at any time. There is due to be a court hearing in June 2018. I've purchased another 500 shares today @�2.26 (although it has shown up as a sell). Started buying shares at �1.12 in December 2016 and hold 12000 now.

Received a Corporate Action letter from TD Waterhouse this week stating that the Perseus warrants are can be exercised anytime up to 19 April 2019. I am not aware of any changes to this date.

Warrants still not in my account, Tomamara. I will contact TDW to see what is going on.

Received this good news from Katharine Sutton today: Hi Kevin, I'm sorry for the delay in responding to you, I was waiting for confirmation from TD before I sent you the information. Our registrar, Computershare, has a relationship with TD so I asked Computershare to approach TD about this issue. Over the past few days Computershare and TD have worked together to find a solution to problem and I'm pleased to tell you this has now been confirmed. TD is going to work with another broker in order to allow TD customers to trade their shares without having to do a cross border transaction. I'm giving you this information as background but you don't need to do anything in order to benefit from it, it just means you can trade through TD and you won't have to pay the initial £65 charge. You may wish to call TD to confirm this but if you have any problems trading Perseus shares through your trading account please let me know and I'll follow up with Computershare again. I hope this helps, Best regards, Katharine Katharine Sutton | Head of Investor Relations| Perseus Mining Limited

Hi Tomamara, I received the same email today. Let's hope that a solution is found. I'm sure Amara didn't intend for their shareholders to incur a £65 charge in the first place.

Hi Tomamara, I emailed Katharine Sutton, Head of Investor Relations, regarding the £65 charge and asked if Perseus would list in London. This is the reply I received today: - Hi Kevin, Thank you for your email. I have received a number of emails from shareholders who hold their shares with TD Waterhouse and I haven’t heard from anyone else that they have been given this advice, which seems strange. I will contact Computershare, Perseus’s registrar, and see if they can shed any light on the matter and then I’ll email you again to give you an update. In terms of the London listing, we are considering the merits of it and we have committed to announcing a decision within 12 months of the Amara merger completing. I’m afraid I can’t be any more specific on timing at this point. Amara’s nominated advisor, Peel Hunt, did extensive research before the merger and advised the company that the vast majority of UK brokers allowed their customers to hold and trade overseas-listed shares (including Australian-listed shares). I’m very sorry for the problems you’re experiencing and I will try to help you find an answer to the problem. Please let me know if you have any other questions. Best regards, Katharine Katharine Sutton | Head of Investor Relations| Perseus Mining Limited