Member Info for leslieby

Shed......in view of the post-RNS reaction, it's well worth watching that podcast again with a different slant on his replies. That 'live' discussion regarding the METS is rather telling imv.

BricksSA, (I haven't read all the replies) so you're suggesting that DB may well exercise their warrants at a lower prices than .0375p as they 'could' know what the real picture is here? It's an interesting view and may well be right. If you are correct then these current SP levels are just ridiculous.

SardyP, I won't hold me breath mate.

This market is arse upwards!

Spot on Gizzard. Has to be.

S72, LR was only expecting a million, so 2.7m has smashed the internal expectations.

DJ, we might see a massive buy show up after hours.

I like that LR discounted any off-take agreement at the moment. He seems set on providing additional resource clarity to ensure shareholders are rewarded. Thumbs up from me.

'Exercising' - not selling.

Would somebody mind reposting those details please? I'd be selling into the JORC news if I were a warrant holder, but I'm sure a number of them are date dependant?

I think Carlsberg did our Jorc!

Date & Time Volume Price
25/10/2019 15:22 500,000 0.232
25/10/2019 15:21 1,498,999 0.232
25/10/2019 15:13 1,077,520 0.232
25/10/2019 15:13 1,077,451 0.232
25/10/2019 15:09 385,000 0.232

Fixed price quote of 0.031 to buy (3m)

Yep, they are...........it's their own fault if they do have stops though.

72,500 - I'd like to have that money to throw about :-)

GLA

Lol, nope, just an investor like many here, who believes in the story (since FCR!) and hopes to eventually see a profit. GL.

As I've said before, I've been scathing of LR but I believe he has us on track now.

BricksSA, I did ask the company via email if they had a current list of exercised warrants, unfortunately I didn't receive a reply. However, by my calculations, the company would receive in totality (from Lloydyboy's figures) £1,594,500 if ALL warrants are exercised.
A total of 5,378,000,000 shares, added to the current share total of 16,556,000 - an increase in shares (or dilution if you regard it that way) of 32.48% for the allotted funds.
Those allotted funds are £1.6m vs a current M/cap of £5m - a funding contribution worth 31.19% value to current M/cap.
By my thinking, if the SP increases as the Warrants are exercised (and it does need to rise to .0375 for 37% of those warrants), the company will be in a stronger financial position to carry out he plans LR alluded to recently.
Happy to corrected.

Personally, I hope it drops intra-day and roasts them all.

BricksSA, just filter mate. There's plenty of good posters here and they make it worthwhile.

£1.5m (Thanks). So whilst uncomfortable for the PIs, it does mean the company has finance depth to pursue the course LR recently plotted in his podcast. Interesting time afoot.