Member Info for legache

At the moment there is no Egyptian buyer we know of...

4th place: Roxi

Not looking good this side of xmas...

He talks some utter ***** e.g. CEO "Paul Blakeley said to me this morning that the company is in a better place than it was back at 90p and I can understand that."

If he really thinks that he needs to learn how to read a set of accounts. There is a reason the share price is 32p!

This a good deal, credit where credit is due

Sadly, Roxi, i was in before the crowd and currently sitting on massive losses. That's okay, this is not a basket case.

400 million will be about 85p, certainly doable IMO

No idea why there is the muted response. I fully expect 50p plus in the new year.

They would raise at a substantial discount to 0.6p. these people are worse than thieves, bring back Kevin Hart!!!

The RBL is still in debt and is not as rock solid as we all think, they had to toddle off and renegotiate it after the recent debacle. All i am saying is that this was looking like a nice little investment 2 years ago, now we're spinning the wheel and hoping that Blakely delivers on his development promises.

I did not "load up" in the 20's and have been holding this in my PF for years. I have missed all the other opportunities that have come and gone. I'm just pi55ed off.

On the plus side, year end is now less than 2 months. I would hope for an update soon.

You're absolutely bonkers Roxi if you're happy for the share price to be anywhere near 30p. Guess you're new to Jadestone. Even IPO holders are now underwater.

Every time i come back here for a look it doesn't get any better. Jam tomorrow, worrying funding issues, questionable H&S record.... All in, Blakely should retire.

Of course, why would they sell if they couldn't!

I've been patient for years, steps! Sitting on the mother of all losses.

There does seem genuine uncertainty surrounding the Egyptian disposal. I also think the lack of strategic comms, about how the business will actually make money going forward is problematic and holding back the share price. Having 33 million in assets without producing a reasonable net profit is another issue. Whats the point of all these reserves if not to create significant FCF. I honestly think we would be better selling off Morocco as well and returning the money to shareholders. Although, thats not going to fly.

Why do we think the cap is at the level its at given all these facts...

I have several views but the point of these boards isn't for me to hear those....

Ned. Your pockets are certainly deeper than mine!

Good update, another one.

Would be nice to get some info on future drilling plans though...

Account make terrible reading. Surly the end of GBP.

I have held here in very large quantities in the past and it looked like they may get something over the line a year or two ago. Now, surly, they're toast.

I still hold a chuck sadly.

Significant Shareholders Holding at 30 September 2023

Transact Nominees Ltd 6.59%

Parsimony Limited 6.52%

Gipson Family 6.02%

UBS Wealth Management 5.76%

IntegraFin Holdings plc 5.56%

River and Mercantile 4.89%

Nikos Monoyios 4.69%

Dr Valerie Brackett 4.09%

Interactive Investor 3.82%

Hargreaves Lansdown 3.61%

Rath Dhu 3.57%

D'Amore Family LLC 3.26%

Issued Share Capital: 204,563,045

Percentage of AIM Securities Not in Public Hands: 0.08%

You must excuse my negativity, Ned. I tend to position myself for the worst and then if anything better happens i am pleased! A good motive for life [Mrs LeGache despairs of me!]