Member Info for Latino

On your other bits, I do want this to survive but seriously can’t see how! So looking for a sensible discussion on this board on the way forward, but can’t stand back and not challenge certain posts that are simply misleading others, specially the greener PIs who might jump in thinking it’s so cheap without realising fundamentally this company in grave trouble. The other calling name bits I’ll ignore as it’s getting late..GL

This is not deramping it’s common sense. If you can’t see this then don’t think anyone can help you! With regards to this posting why not as it’s a chat board and free for all. Also I’m still invested and nursing hugh losses here so you can’t put that on me. My problem is you’re constantly ramping and making illogical arguments, you’re misleading people...but as you’ve said you’re a trader so I guess you’re not interested in fundamentals..just your 10%!

Finally, breaking out!

Sometimes you have to back-off, making silly comments just makes you a laughing stock lol This is a monster deal + options, they is very likely to be a stampede on Mon as investors realise the enormity of this deal and a serious cornerstone investor on board. Just read what they said: Mr Wang Xiaoshen, the Deputy Chairman of GFL, commented: "In signing these agreements we are not just committing immediate financial and technical support to the Sonora Project, but also advancing Ganfeng's growth strategy to become the world's largest lithium producer. We are demonstrating our intention to be the cornerstone funding partner for Bacanora at a corporate and project level going forward. Over the rest of 2019, we will work closely with Bacanora's management team to optimise project capital costs and evaluate potential economies of scale in the Sonora Project."

All as expected..

Don’t think I’ve ever seen such enormous deal on AIM. Well done to all those who managed to buy in...this should see a hugh mark up in SP as investors work out the enormity of this agreement. This is an absolutely hugh investment + they are buying through Offtake Agreement to Stage 1 & 2: 29.99% in BCN 22.25% in Sonara + Option for 50%

What a monster RNS! Released around 4pm, could not get a quote for 20min at all! Should see a grand opening on Monday, company making rns!

Hugh cornerstone investor...massive news!

Who o their right mind is going to sell this at these prices..unless of course you’re desperate! They will have to get this over 200 before some IIs may sell..but this is 3 bagger material.

Interesting bit to current downward pressure in SP ‘Post-period, on 15 April 2019, the Group announced a placing to raise £680,000 before expenses, through the issue of 1,700,000,000 new ordinary shares at 0.04p per share. In connection with the placing, 800,000,000 warrants have been issued to the placees with an exercise price of 0.04p per share for a term of five years. A warrant exercised on 19 June 2019 raised £72,000. In the short term, as noted above, the Group will require additional funding in order to meet its liabilities as they fall due and have a reasonable expectation that additional equity finance can be raised in order to continue in operational existence for the foreseeable future.’

Think will open high and will move fast on open. Placing done and dusted and significantly oversubscribed. Bargain basement, but don’t take my word read the recent rns’s and just look at that chart!

Positive: At least GR managed to get some money but not in USD but ZD i.e. 6M is worth what some 1.56M USD! Negative: Can only use this currency in Zim, but I guess it was never the intention to use elsewhere. Let’s see what tomorrow brings, but you cannot make this up! Poor GR!

Hilarious ‘GR never bears responsibility for anything’ lol

Hence they will be selling these 3.9M shares ASAP, considering trading volume is currently around 500k, this will depress the SP for near 2 weeks coming soon. Not good news..

Are investors who bought today entitled to open offer shares?

Guess they couldn’t buy before results so maybe reason why they didn’t want to update shareholders! Hopefully results tomorrow and can update and assure shareholders.

Think it is what W is suspecting? Results and this will rise rapidly, this is the condition for further investment by Magic of further £2.5m

Yes there we have it..good find! Fura Gems Inc (CVE:FURA) is set to break into the world of sapphire mining in Australia as it revealed it had struck an option deal with Richland Resources Ltd (LON:RLD) to buy the Capricorn project in Queensland. Today's lengthy statement also told investors that its previously announced private placing had been oversubscribed and had raised around C$30.9 million gross, which was $540,000 more than stated before.

So all the money is not going to lenders, there is some paid to RLD..as I read it?

Which ones are you referring to?