Member Info for levistubbs

Do some research guys, he has just raised and if he is to raise again he can only issue 6m more shares this year which won't give them enough for what they need for the year ahead.

He is doing a good job but far from the perfection some are placing on the wee man's shoulders. At the end of the day he will be judged by shareholders on how much of a return he makes for them and at the moment he is failing on that on all counts.
For me he made a mistake of moving from the main list to Aim. That should have been a big red flag for me but I believed him when he said they needed to do. Of course understandably it was so he could issue confetti to get his deals across the line.
But most companies when doing a transformational deal come back to the market stronger, see Sqz for a start, but we came back significantly lower after Larkin could only get 3p away even though he had persuaded BP to come in on the deal, blaming all sorts of problems for the low raising. And from that we have never recovered. We have had too many shares issued in to loose hands in a short space of time and we have a 114m overhang from Rkh.
Now as much as we are producing 3000bpd and have other decent assets we can't get the mkt cap to hold above £20m. So all though he has done well let's not go patting him on the back until he makes us some decent money. There is every chance that the king of blarney may roll the dice again for another project and set the confetti printing machine going again while we are still flailing about below 4p and below many people's averages.

Not yet. With 4 highly prospective gold projects in safe jurisdictions and such a small market cap there could be plenty to go here yet and we still haven't had any survey results yet. Some good news from Canada and this could go in to the 20s.

Yes Badger thanks that is what I will be looking for.

Thanks Badger but do they always follow the rules? Thanks for the link as well.

Caribbean why would they have had to issue a Tr1. Many sellers don't issue Tr1s until they drop below 3%?
I know a lot don't want to talk about the selling but the longer someone is keeping it down here against continued good news the greater the chance of us losing our investment on the cheap.

jono agree with everything you say there. I'd like to know too. If it was Rkh I would find it difficult to believe Larkin did not know especially with one of their members on the board. It was 114m but I think it was just a typo and you can't edit these posts which is frustrating.

jono if you look at my posts on here I have been on about this for a long time. It is nothing new and has been going on in one form or another since the 5p raising days. I am not sure who it is but I am certain it is NOT small investors. Why would any small investor cash in on that news today in the amounts we are seeing. When the last news came out it was the same. I wasn't convinced with the RKH arguments made on here but the wording seems deliberately obscure in the RNS text and I have no idea who else could be selling this amount now.

Agreed Badger and as we know the Italians don't progress anything quick unless it's in their interest.

Hmmm so could still be nearly a year off :-/

Cheers Badger.

Great start and why not ;-)

Yes all the details are on advfn under the poster cpap. Seems Larkin is finally taking note of the poor share price, although why the sudden interest I am not sure. Never seems to have bothered him before.

Sounds like only a few people have.

You guys got the email about the conference call?

TheTruth no one can tell you as we don't know if any of that copper coming out of the mine is profitable yet.

Another Twitter fuelled pump and dump by the looks of it.

Lotto how could they have created a bit of froth when there is nowt in there to create froth. The only thing that will create froth is knowing Pere have some decent income coming in from the Minto mine, something they keep failing to mention. I guess we will have to wait another 2.5 months to see what income, if any, has been coming our way. As the mine is still ramping up I expect not.

hamiltonbro I say again how much have Pere received from Minto and how much of that $9.8m to Minto is profit?
Given the dire state Pere are in, if they had received anything significant don't you think they had been shouting it from the rooftops? Instead that Rns and comments from Gati didn't give a feeling of confidence and smacked of something they had to do rather than pleased to do.

And how much of that $9.8m was profit, and thus how much came our way? I notice the Rns says 'Minto' received.