Member Info for levistubbs

'the share price here could go ballistic ' How long have we been hearing gems like that and yet there is no interest even after the Premier news. Have the company got a plan or just hoping they can clutch to the coattails of some other companies piece of news hoping it will have an effect on this. Or maybe be waiting on the next Cluff press guff to artificially inflate the price for another paper printing exercise.

Given what is happening I would say Trigger might strengthen the board.

DeL Boy was last seen falling through an open bar top in Peckham with a filo fax of potential investors and a glass of bojolaix neuvaux in hand. What a wally.

What is your take on events okenia? Do you have any insight?

'Cluffs approach is to under promise and over deliver ' lol that gave me a good chuckle.

My trading account still shows the original amount but any associated value has been removed and replaced with a #. I fear ultimately that this is what I will end up with.
We have gone from proudly announcing reinstating at 50p in late July to total silence and conjecture as to what is happening, or not with the deal in a matter of weeks.
Unlike Maytal, I am angry and think shareholders have been led up the garden path. Shambles.

Good to hear from you Lotto. Undoubtedly the transaction has always been complex. As someone said a minnow trying to eat a salmon. However the company have given guidance on several occasions which suggested it was going to be fairly straightforward, even the most recent guidance ahead of the egm. That rings alarm bells with me in many ways especially with them pushing the egm through. I now have no confidence in anything they say and fear for my investment. They really owe shareholders an explanation and apology given what they have said in the June and July RNS. DeL Boy you are looking a right plonker.

Thanks micksnags. So after all the over exuberance and we will be done by this and that date, it has now become 'a complex transaction'. One has to wonder what has suddenly made it all very complex? Doesn't inspire any confidence in the so called group of experts.

Hmm so posters are basically saying the company is lying as in the RNS of 22nd July they said they had 'commenced' the raising roadshow. It is annoying that the company are only giving a capstone webcast as guidance as to what is going on, or not as the case may be. There is obviously something amiss all of a sudden after the egm vote. Let us hope it is just the summer hiatus holding this up.

Chaz if it wasn't it still very much looks that way. Right back end of September with my kipper suit ready as I feel I will have been done up like one. Take care all.

I hear you Bythesea. I hoped the money would be finally freed up so I could take some off the table for a few projects, now delayed until further notice. Anyway micksnags makes a good point about turning off for a while and I will do the same. GL all.

Thanks ssmith. What concerns me is that this BoD of experts in their field keep getting stymied by things they should have taken in to account and keep making the same mistakes. Haven't we been here before with funding they are finding difficult. DL should know any complexities around funding and if it is more difficult at certain times of the year as he has been in the City long enough. It is worrying and I fear we will not see anywhere near the 50p and instead fed another horse sh*t sandwich with some lame excuse. I hope to be proven wrong but all signs point to disappointment at this juncture.

Micksnags apologies for suggesting you are annoyed, I guessed with your line of questioning you were as frustrated as I was. Anyway I have not read it anywhere, I am aware there is something that Capstone have said but haven't seen anything. My information is from speaking to the company and suggest you try to do the same.

Azamondo nice post but can you tell me what does a stable market look like? Are you suggesting that the deal was dependant on the copper price remaining strong or strengthening when over several years it has been anything but and prone to spikes and dips, anything but stable. This is surely something that a BoD such as we have would surely have taken in to account. Also Pembridge was set up to take over mines in difficulty and turn them round so I do not understand the market conditions issue as they had surely planned for periods of less profitability or production.
You are right 4 to 8wks is nothing in the scheme of things but coming on top of the length of time we have already been suspended is a kick in the teeth and even more so given such recent guidance on 'end of July' having rushed the EGM to meet that. Consequently I now do not believe a word they say, they have come up short too many times now and would not be surprised if it does not complete in September either.

I am more intrigued by what ssmith is saying about the fund raising. If that is correct then I really don't know what to think.

No problem mick. But this is what you get when a company gives guidance by RNS and/or video pieces and then refuses to freely give up information in the same way when that guidance is not met by some considerable margin without reason. Shareholders first thought is something is not right and rumours abound. Believe me I am as annoyed as you are.

Nothing tangible but Capstone have said Q3. I believe that is available somewhere. But the company will say mid to late September if you manage to tie them down. As we are suspended I have nothing to gain by saying this so believe it or not, it's up to you.

Bythesea I can confirm mid to late September.

They were being optimistic getting everything included in the summer and still optimistic as of a few weeks ago. So how optimistic were they being about end of April lol. The more I see of what is going on here the more I think these so called group of experts are making it up as they go along akin to someone fumbling in the dark looking for the light switch. Unbelievable really and shareholders continue to suffer their ineptitude.

I think a lot of people are getting told a lot of different things. If they hadn't started raising and sounding the market out before the end of July and 50p level statements then these blokes are amateurs and we are in the sh*t. However we know they are not amateurs. But they are certainly starting to make themselves look like they haven't got a scooby doo and treating shareholders like muppets. DeL boy you are a wally get it sorted or at least keep shareholders informed.

Lol ok draft keep hoping.

Lol ssmith you mean they rushed the Egm through to get this relisted by the end of July but hadn't started to fundraise. Which cracker did you get that out of. Must buy some they will go down a storm on Xmas day. If that is in any way true then they really are p*ssing up shareholders backs and trying to tell them it's raining.