Member Info for Latino

Live quote for max £200 @ 0.11 only…something stirring PIs being shafted

Max live buy £800 only at 10.7…that’s if you’re quick

Agree silence is deafening, a lot of posters think JV is being worked but hey what do we PIs know. Always last to know anything!

Can you just imagine if assays prove this….isn’t this what dreams are made of. Poor BoD is what is has really dampening enthusiasm here, only if they communicated better. Over a week now of continuous fall without any bad news, but MMs taking full advantage but reality is assay results still PENDING DYOR GLA

Not even for a few hundred quid??

Yep confidence gla

The way this is now dropping, it makes no sense unless the results are poor….now 40% below placing price!

Just

Just…

Yep, could only raise measley 500k even at over 30% discount last what a few weeks?…so investors will want a significant discount to provide funds required.

Price jump?

They already had several offers - see Oct RNS extract below. They selected to go with 1 which has now failed, the other offers they received surely still there so you’d think they will get creditor support to pursue these..?

‘As previously announced, the Company has been progressing discussions regarding specific offers for the business and assets of the Company which the Company's directors (the "Board") considers would provide the best outcome for both its shareholders and creditors. Discussions have now advanced with one party such that the Company has signed a non-binding heads of terms (the "HoT") with a UK quoted public company (the "Potential Acquirer"), for the disposal of Versarian's remaining material assets and subsidiaries.’

‘probably’ that may be your opinion, but BoD are not saying this!

It’s clear from RNS they have other options. They also said they have funds till end of Nov in previous RNS and cited Graphene sales and support from its creditors, so further sales and support from creditors may give them more time? DYOR agree high risk!

Looks like smart money exiting….graph now pointing down.

RNS does state BoD taking advice and considering ‘options’ and options ‘may’ include appointment of administrators.

So they have options, could this be another buyer? Certainly doesn’t read as admin is only option!

Bailing out….think they’re sick and tired of Nick / Karl….its hilarious what Karl said in the investor presentation in Sept…something like ‘oh I have proposal in Africa in fact just landed last night’…we’re in Nov and no word. He’s also one who sold Liberia gold asset to FAU for peanuts. Think Karl must GO he is out of his depth!

Forget JV, it’s the assay results that will dictate everything….this will be the key to luck any partnerships, value and future direction!

SP is falling again…it looks like someone is selling here in the background?

RNS Doesn’t change anything…company still going private and shareholders shafted.

Yep agree…it’s getting ridiculous and silly now. This company has access to £35m of funding, last time SP was here they had NO MONEY and seeking placing.

CEO needs to step up or step aside alongside Karl who has done ZILCH in seeking gold exploration opportunities / gave away Liberia for peanuts.