Member Info for levistubbs

Nice news

It's like many have said before, much of the low hanging fruit has been taken in the past but left behind is the potential for continuation in to the main and richest part of the VMS deposits. The biggest deposits are likely still yet to be found and with the knowledge we have on board and techniques used there is a very strong likelihood that these guys are going to find a sizeable, rich copper/gold/zinc structure and we may know before November.

Managed to get in now thanks.

Has the webinar started ? I just have zoom in the middle of my screen?

Well not all and not all that have had news as good as this are carrying such huge discounts. O&G sentiment is low that is a given but the problem here has been the huge amount of selling which was going on long before sentiment became a problem.

Looking very chirpy this morning. I agree 20p+ is quite possible with drilling results with decent copper and gold intercepts. I am certain by the time the results are announced that gold will be back on it's upward trajectory and copper maintaining it's strength too.

Couldn't agree more Serif, you have captured the situation succinctly.

Serif I don't know why you are surprised. It happened with Staley, it happened with Pitman and so it seems the same person couldn't wait to tell us yet again that he and some other shareholders have been privy to things other shareholders have not through the Twitter group.
I am sure you will be told it is all above board by certain posters on here ;-)

Carribean I think you have been missing my point. Where did I say they were given away? Of course they were purchased but it seems, unlike the RNS alludes to, they were purchased cheaply in to not very sticky hands that the mgt would have us believe. How else do you account for the continued selling and run down of the SP? As I said at the time, conveniently no one was given over 3%.

A little bit different Bebeto. So by his own words in his interview Larkers says he was instrumental in shaking Rkh free of their shares at the negotiated price of 2.66p but then left everything up to the broker as to who got them. Lol.

It's their job to place them, that's what they did. If management had no say in the matter why did they do the roadshow. Of course they were instrumental in who got them.

Yep that is what I said, the brokers placed them. But you said 'Brokers are the ones that sorted Rkh shares not Larkers' when the Rns quite clearly says the beneficiaries were chosen through a management roadshow so to suggest Larkers had nothing to do with it in answer to my earlier post is wrong.

Bebeto I think you need to read the Rns again, the broker just placed the shares, management chose who received them via the road show.

It's Latkins words in the Rns lol. More tales from the Shamrock Isle ;-)

Getting ever closer to 2.66p. Yeah, the company did a great job of putting the Rkh stock in to sticky hands of institutions. Lol.
Larkers nose must be getting long now.

If you did enough research you would know being on the main market they can only dilute by 20% per annum. They have already used up 2 thirds of that allocation in a recent placing which means they have only another 9m shares they can issue this financial year.
Of course money will be needed going forward but dilution should not be feared here or used in posts to put others off or just because you are so poorly informed or just deramping.

Like I said clueless. I will just tell you that they have only got just over 9m shares that they can allocate this year. So any dilution will be minimal.
Feel better now, you should if you have any intention of holding this but I rather think you haven't got the good sense to be in this.

So you are not going to answer because you haven't a clue. Like I said the other day do some research and start by looking at how much dilution we can do being on the main market.

Ibroxonia I didn't ask you that. Of course they will need funding to get to production. You were suggesting the other day that we needed funding this year and I am asking you how much dilution you are expecting? Simple enough question.

Thornback I sincerely hope not, Libya is a basket case.
Your excerpt from the Rns is bang on though and it's statements like that which make one feel a little cautious about what they say.