Member Info for knicol46

something brewing

5 mm's - 4 blue, 1 parked on 2.75p, 2 on 2.55p, awaiting movement/news - good luck

sp +7%, something leaked? Was 100% higher just back in Sep

1m @ 2.25p

+ GM required to issue shares @ below nominal 1p = not good..

Any equity fundraising, which would be subject to shareholder approval, is expected to be undertaken at a deep discount to the current market price and, once finalised, is expected to be announced during January 2019. The Directors intend extending an invitation to all shareholders to participate in any equity fundraising on the same terms as the Company's major shareholders by way of an open offer. The Company would then plan to approach the market again in Q2 2019 to seek further equity funding for a growth business case.

The Directors are reasonably optimistic that the Company can raise additional equity funding from existing and new shareholders, as it has done in the past, but it is not wholly within the Company's control and as such, represents a material financial uncertainty. Failure to complete a fundraising in January 2019 would cast significant doubt upon the Company's continued ability to operate as a going concern as it may be unable to realise its assets and discharge its liabilities in the normal course of business.

Year prices: 5.6p - 15.3p
Current MCAP: around £6.7m
Net assets at last report: £8.8m (cash £1.39m)
Shares in issue: 115m
Directors recent buy in: 6.5p
Options on table: 14p

Exploration Permit: update expected soon
Mike Struthers, Chief Executive Officer said:
"We're pleased the Resolution on the exploration permit was finally addressed at a Government session. During the meeting there were minor points for clarification raised with the Mining Agency, which were satisfactorily addressed and we are now awaiting the final approval. It is our understanding that all of the Ministries have responded positively and there continues to be strong support for the application.
We look forward to updating the market when we have further news."

Good luck all!

potential

tick up(s) imminent

http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190131:nRSe5997Oa

1 already parked on 0.21p and 2 on 0.19p

looking good

current

open offer price: 0.12p,
current market price: <0.1p

It was interesting to watch as the nomad news came out at 12 noon the price started to rise and buyers flooded in. The market maker manipulation was put in place almost immediately. Unknown to buyers at the time they were being prevented from getting a quote to sell. Some brokers do not give sell quotes unless you actually hold the stock first. Even though the bid price rose in relation to the offer to make it look like selling quotes would have been available - no quotes were given - even though buyers were still flooding in at the time. Market Makers control the prices of the majority of AIM stocks. They decide when and if to move the stock price. They decide at what quote price they will give if any. Good luck all at the casino.

soon

should give update

..

awaiting RNS

:)

current