Member Info for MadChatter

Great rns. Should be a good day here!!

You misunderstand the no reason rns purpose. They are saying there is no more market sensitive news due *at the point of writing the rns*. That's not to say they couldn't have issued an rns this afternoon with the drill results if they got them this morning. Happens now and then on here, a no reason speeding ticket then results the next day.

No reason... Except the potentially transformational drilling results due before end of month that could and would multibag this at least once if good. But other than that, no reason

*a day

Personally I could see this doing 25% a daunting news.

Good luck finding anyone who'll let you short this. ;)

So the main things I take from that excellent article are that firstly we're still currently trading at around half of book value EXCLUDING the money we are owed. That's right, we should be around 0.31 currently. Secondly that if we were 100% confident of receiving all funds that would put us at say 0.70p per share. That's way higher than most sensible estimates I've seen on here!!?

Wait.... $97m payments in respect of the case...?? Does this mean they've already set aside the £35m Sounds to me like once this is all in the bank there will be a special dividend paid. 80% owned by one guy he'd be stupid not to!

I'll have a look later, but i think all are between $1m and $150m. Any trade with any of those will still be lucrative net revenue and significant here.

East Asia only is 30.

So there is a list of suppliers on the alibaba site. The combined total revenue for all of them (bear mind this is the minimum of each category). 263 Gold Suppliers globally using alibaba Total minimum combined revenue of all of these companies: $4.8bn https://www.alibaba.com/trade/search?fsb=y&IndexArea=company_en&CatId=&SearchText=gold+supplier+list

So doing a quick bit of research, seems they get around 4000 ish new gold suppliers a year, no idea how many suppliers on the books. 20,000? 50,000?. Not a bad earner from one deal.

Which to put into perspective is about $20bn revenue a year.

This is a huge deal for this sized company. Alibaba are the Chinese Ebay right?

42 x daily average trades in a few minutes!?!? That's one hell of a deal!

Big trade just gone through, Ennismore again?

Try getting a quote on tsx tomorrow when its open, if you can then you can trade it through HL and can sell from there when your shares revert. You'll have higher trading fees. If you can't, you'll need to transfer to a broker who can, which would be a pain in the ass to do if you don't happen to have an account open.

3 posts and that makes you an expert! Haha. You're right if a share delists it's normally dead. This is delisting from AIM only. Considering from what I hear OSU traded on AIM is sparse normally, I would expect a proportionately larger increase on TSX today, which will bode very well for a gap up in the morning to nearer 3.5p. IMO

That is the question indeed. Imo, given all current news and liabilities this is worth around 2p.

Why? Is a 60 something % owner alone worth that? No. Unless he wants.to take this private. Even then say 300% tops. Imo