Member Info for LuckyLuciano

One would hope with the recent noise, that some one comes up with the cash.

with net asset at $ http://paragondiamonds.com/cms/uploads/files/7f310efa8d7522db23b6eb7fc151e266.pdf 23,270, Intangible are high at 32,600 but for 6 months, prg cash costs was $1.349mil. Net asset should be the reserves diamond for mining 3 or 4 mil Crts. So private entity but still with a license and maybe two with Mothae.

I think prg should come up with a pfs for lender to make a case to invest or not, and for shareholders. There is very little info on mining activities, for the now 2,3 yeras old licenses. There has been some smpling ans sales but even that there is very little info on price achieved and quantity saled. This is not good enough, we have to send email and letters to PM to find out something.

With 227mil shares prg could issue 773mil at 4p, and become 1 bill shares company. We would need to turn a net profit of £4mil for a pe of 10.

Have to agree , in re-reading the late RNS, there are lots of committed word from the Board, to see prg back trading and may be at higher sp. Lets wish our selves for the best, or this Christmas and new year. Happy Xmass and NY ALL.

We need more explanation than this guys. I mean they have shut down communication in a way that not even if I wanted to lend these people 30 mil $ I would manage to get in contact with them.

Supposing we find $20 mil funding. With a company like prg with I think....but not sure 2 mil £ net debit, we get, 18 mil $ asset. at 277mil shares is 4.3p, and i will be happy with that.

philphil Mothae was even better money spinner. Appraised by Lucara it has also big stones finds.... If remember right it was 36 million $ first year and more than 100milll$ with phase 2 and beyond. Can't believe the man didn't managed to find funding, and I woud br furious to lose the cash. I mean this is not an oil company in debit of 100s millions, we own 500k short terms, and could easily made a right issue, what is going on?

Completely right greenrookie EGM and more. I want to be speaking with PM and ask him this questions to the least. When and where anyone?

http://www.risersandfallers.com/2015/12/21/wc-211215-analysts-consensus-for-paragon-diamonds-lonprg/ is this a new price target from NL, or old?

So you say that there is a chance that PM, Titanium and other ii shareholders, the lender that have shares at 5.25 p to convert and 500k credit, wont find another 500k for another 4 months, awaiting finance to come. Not even a right issue at 3p ? I don't believe it. Mothae and Lemphane are two such compelling investments and for 500k we see them disappear, really unbelievable.

If this board close down, we can all meet on another investors board, for the time been. It would be a bit intrusive, but i know some boards that wouldn't mind if is to have a base for a week or so.... Maybe even in lse, if we find a board of a share were there is low texts?

Hi can't stop reading about prg been delisted and the doubt, about what all that mean for us pi. I have absolutely no clue what will be of my shares if prg delist, I call my stock broker and he told me that they will follow up and keep me updated, Why should prg delist? The 30 days deadline if I am right, was for the lender to call default, and i think it was an option, of a renegotiated terms of lending contract. Now the lender has agreed new terms, for convertible shares and other terms. Is convenient of the lender, to keep prg going in hope to find funds. I am sure their 5.25p conversion price would be a good deal in one year with finding and production. So if 30 days go bay, the lender don't call a default, why should prg delist. How can be possible that PM, right now in the middle of funding negotiation, come to tell us that has run out of cash, just to keep the carousel going? I mean there are hundred of option out there, right issue comes to mind, but even Titanium holding so many shares would loose everything like pi, isn't.

Why they should delist? the 30 days deadline is for the lender of the 500k , to wish to call a default or not. The lender is already committed by new terms, to convertible shares 5,25 p etc etc.. so 30 days may go by and prg still listed but suspended, i mean any right issue for another 6 month to find funds, should be to find among pi, of some other private entity.

.......my point is short is: Is the 30 days consecutive suspension an AIM rule, or just an optional agreement between the lender and the company?

Shareholders should note that should the Company's shares remain suspended for 10 consecutive trading days from 16 November 2015, or for more than 30 days in a calendar year, an event of default can be called by the Lender.====================== I imagine that the worst outcome for shareholders, would be if the loan lender would proceed with event of default, in this case i suppose we would loose all the money ?! Anyway this condition of 30 days consecutive suspension period, looks like has been introduced with the renegotiation from the loan in to convertible shares at 5.25p..... Excluding any conspiracy theory, the lender, realizing that the only alternative to salvage some cash from prg was to be patient, chose the convertible option. Now what advantage would get the lender to call a default on the 30th day? none i suppose, it would be back to square on..... Is it possible that Christmas will go by, with no news and maybe comes the new year we get a rns with financing or funding rise via shares?

Noujay good example about Botswana placing of today. I note that it was a private placing and that the sp didn't dropped dramatically, indeed the placing was at current market price. Now if Botswana can find cash for working capital, I am 100% sure Prg can do it as well. Interesting comment of late from this board, about the possibility that we have gone in to suspension, awaiting finalization of funds, and that Northland resigned because no fund was rise via placing. Out of all conjectures it is the most optimistic, and the one I am hoping for. The only factor that goes against it (I am sorry for been so negative) is that the man PM is a financier, he must know a lot of fund managers and banker and yet after more than 1 year !? he hasn't managed to find a poultry $15 mil to kick start a mining project, that on the card look so profitable..... I work in catering and funny enough toady I will be serving a Christmas Party at the private house of Sir. Rothschild, not going to specify whom........so tented to call the man in one corner and ask....please Sir. do you spare $30 mil for two mining project? The thing is beside the outcome, I wouldn't do that just to salvage my shares, when we have a CEO paid handsomely supposed to do that. Anyway hopefully all is well and comes 2016 we will be trading at 10p with cash at bank, starting our diamond mining projects.

The funny thing......and even more upsetting for me, is that I am in PRG not because PM rhetoric, actually I can't stand the man....and he come across full of s... to my eye. The reason I bought in was Mothae and the fact that that mine had already infrastructures and has produces some decent stones... PM for me in the decisional equation if to buy or not to buy, was the turn off factor, I mean a CEO shouting to the world about how appealing diamond are, sound a bit too much advertising. Another turn off point about PM is its financial back ground, rather than mining. Yet till now .....not even its financial know how has proven to be useful for PRG.

http://www.fca.org.uk/consumers/complaints-and-compensation/how-to-complain LETS GO FOR IT. Anyone??

What should we make of the clause regarding negotiating directly with the Government of Lesotho?=================================== PharmaBrown We should deduct that PRG Board is full of empty words. How are they going to negotiate something that is another company license, and with no money in the pockets ???????? At best it would be very unprofessional. After this statement you can be sure that Lucara is NOT going to give us Mothae at any price..... I like you optimism guys but for me this late RNS, show how much PRG cares about we Pi..... After what we were lead to believe from PM, and then the disappointment now of been on the verge of loosing all our cash, this board has the arrogance to come out with such a pathetic excuses? They lost Mothae because they couldn't find as little as $6 millions ? .....and then this story about dilution or not, is a big joke......either a company as the cash or doesn't. If a company as the cash it as an asset, if a company doesn't have the cash, it needs to borrow, and actually the cheapest borrowing exercise is issuing shares. Until a company doesn't make a profit there is no dilution in my book. I smell a rat big time. I think we should start to think in terms of initiating a Litigation against PRG and in particular PM.