Member Info for Kragero

I've had a few shares in Galantas for as long as I can remember. Very unpredictable as to where they are going.
In the past there was one problem after another: planning permissions, Road lay-by upgrades, police oversight of explosives, landscaping, endless share dilution. If all obstacles were in the past then the mine would be up and running at max output with a soaring share price.
But there always seems to be a new obstacle……

The lack of discussion is reassuring.
Iffy AIM shares seem to generate pages of comment….. usually as a share price gradually declines.

I'm working on the basis that these shares are backed by real gold at the Royal Mint.
Anyone with views on this?

See the Arian Silver thread. 3 years ago we had the same sentiments about Arian. Hope Alien don’t pull another 100:1 dilution at some point.

Another Arian holder here who got burned. Didn't pay enough attention. Still trying to work it out. Arian suddenly issued 100 times previous shares (100:1 dilution), so if you had £1000 in Arian it became £10 overnight. Since then your £10 in renamed Alien has become worth £5. Have I got that right?

With the shares TSG held in treasury, and the agreements to sell, plus shares recently sold by the public, this is a done deal. No point holding out for 1 or 2p, and a risk that you overlook events in the weeks to come. After the inevitable delisting you can then only sell on production of your own share certificate ( which most of us do not have if using online trading). Just my opinion. I'm not a trader or broker.

Noel,
“18-Mar-21 09:14:02 115.11 60,715 Buy* 114.00 116.00 69.89k
What is that person hoping for? Please don't say "A jump in the share price". :-) I mean do they expect a higher bid or what?”

I think that was a late reported sell, now listed against the wrong bid-ask range.

In selling out the directors have, presumably, made a judgment that they are not going to make much more money in the short term taking account of the investment needed to develop the mine(s). But who knows? Have any of them also been offered lucrative positions by the new owner?

Extraordinary! There must be more to this. And what do private investors do now, wait for the takeover or sell immediately?

Thanks Metis. That link works with diagrams.

Great news update today on resource increases.
(The plans referred to seem to be missing from the RNS, and the same applies if you download the RNS pdf from the TSG website.)

I am intrigued about what the company hopes to achieve here. Many moons ago TSG went through an elaborate procedure to get more shares into the public space, and at the same time start paying a dividend. Now they are using buy-back to remove some of those shares from the market.
There is also the parallel influence of having to hit and hold certain share prices at certain dates so that director options can be exercised. Whenever I convince myself that the SP is bound to rise, the opposite happens!

Does this explain the recent change to joint advisers? Not sure how beneficial this is going to be to the SP but certainly demonstrates management confidence going forward.

That report is one of many buried on the TSG website. You will find it, like others, under the ‘Environment’ link, although it may not show up under a general site search. The company is head and shoulders above most AIM companies.

But.... SP move suggests 'Sell on News, Buy on Rumour' is the predominant sentiment today.

Couldn’t get a more transparent and professional statement and report.
LOM 14 years.. That should put paid to any remaining shareholder concerns.

Don't forget... Isaac Newton invested in the South Seas Co. Got out at a profit, but went back in as the price kept rising and everyone else was investing. When the bubble eventually burst he lost everything. I think Bitcoin will turn out to be like the South Sea Co. There were no real assets.... just like Bitcoin now.

The real Ask must be 103 rather than 105. Half of those Sells are Buys.

Intentions!

Does the move from Arden to two bigger advisors (joint responsibilities) signify anything about TSGs future intensions, e.g. moving from AIM at some point? (Just an idle thought.)