Member Info for knicol46

mm's turning blue, theres only 3, 1 already parked on 1.7p, awaiting news or volume

upon spudding news just weeks ago

'the Company or grant rights to subscribe for or convert security into shares in the Company (“Rights”) up to an aggregate nominal amount of £1,000,000, provided that such authority shall be used in connection with the Baita Plai Polymetallic Mine in Romania and for general working capital'

I don't blame you there is nothing in it for shareholders who have held

turning blue

https://www.proactiveinvestors.co.uk/news/details/215111/bluerock-shines-as-it-nets-over-us150000-from-sale-of-two-diamonds-215111.html

being eaten up

with management at the next AGM expected early May. Shareholders have the chance to vote them off the board however we expect some positive news before then for them to try to justify their positions.

5000 @ 10p if you have DMA or
try a limit order sell @ 10p may execute @ 8am - nothing to lose chance

5k worth @ 10p if anyone interested

http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190222:nRSV8481Qa

but the nominal price is 2p

Annual report 2017 stated..

‘As at 31 December 2017, the Group had sufficient cash resources to finance its operational activities until at least Q2 2018.’ (£701k cash in bank) – this gives shareholders confidence no dilution expected until 30 June 2018.

3 Jan 2018 they received an extra £120k from warrants exercised

4 May 2018 £0.95m placing @ 2p

14 Sep 2018 £1.15m placing @ 1.5p

18 Dec 2018 £0.5m placing @ 0.75p

21 Feb 2019 £0.5m placing @ 0.6p

12 Feb 2019 RNS stated 'The Options are exercisable at 0.015 pence per Ordinary Share'

21 Feb 2019 RNS amended 'the Options are exercisable at 1.5 pence per Ordinary Share.'

.. low volume remain @ offer

results expected early April, AGM expected early May - great business opportunity selling tomatoes setting up stall outside AGM venue.

the directors will be enjoying a fantastic luxury holiday this year :)

sp +12% back to 1p+ would be nice start, was over 5p last March!

before AGM if May 2019 as the outstanding shares would expire

Shareholders gave the authority to be shafted on 24 July 2018...

6 July 2018 GM to issue up to 100% new shares (454m)
24 July 2018 shareholders voted for the issue of up to 100% new shares (454m)
14 Sep 2018 76m shares placed, £1.15m @ 1.5p
18 Dec 2018 66m shares placed, £0.5m @ 0.75p, 6m warrants @ 0.75p
21 Feb 2019 83m shares placed, £0.5m @ 0.6p, 8m warrants @ 0.6p

Shares outstanding to be placed: 215m on or before next AGM (Last May 2018)

to give out positive news before any rise - but there no positive news to give