Member Info for mpg1

Jester, they can't do a placement as the market cap is only £3m. So even if they issued another 2billion shares (double what they have) that would only raise £1.5m.

(Double the current market cap) These lot are just a bunch of chancers hoping to get one final jolly up before the receivers all called in... There is absolutely no chance of this getting approved in my opinion.

Glad I sold now. I can see gold going sub $1000 this year however long term I think it will come very good if all implodes in the US. Just about timing the entry again! I think shg could test 5p so I will keep watching

I'd recommend quindell. Although not all or nothing its a potential 3 bagger in the very near term. Brent looks like breaking $50 so the only oiler I would buy now is one of the big boys..... Poss tullow or bp

Hopefully you get some good luck on ffr! I'm fairly heavy weighted on gkp and qpp.... Both due company make or break news in the near future. It will either completely sort out my pf..... Or put me out of the game !

I averaged down after the rns with another £5k..... following the smart money as I think henderson and ubs were buying! I finally got out on 30/12/13 when they issued the report and cpr. They had been drilling and finding out all year but 2p reserves had actually gone down by about 20%. Couldnt believe it when the sp didnt tank first thing so i sold the lot.... lost roughly £4k so you beat me there! Have you had any good stocks of late or just stinkers?

it still brings a tear to my eye the one they released 22/6/12!.............that was on a friday

Never good news on a friday,....especially with max

lol...........keep em coming!

muslim!

clutching at straws logical. This ones a gonna im afraid.....it pretty much says it in the rns. sberbank are not going to keep throwing money at max as it wont come good especially in this climate.

hope to make a bit elsewhere and buy back in with hopefully some profit. golds time will come..... but I think later in the year or early 2016. I think the global economy will need a real shocker like the US going bust which I think will happen with all the debt in the system..... but what do I know! good luck, be back later

lol! stevie might have a thing or two to say about that

i think thats a clear tip to get out now......bod know which way this is going

the spread is 20%..... therefore only a 3.8% rise in real terms

I admire your bravery but the last RNs made it clear that even with finance it will struggle to be a going concern. I think administration will be here very soon.

Needless to say I did no research...... Spent 5k, averaged down with another 5.5k! Best decision I had made is selling when they issue the CPR is Dec 13. A good lesson was learned though! Good luck all holders and I hope you can recoup elsewhere. Mpg

Below is the response from MH. Good enough for me. Dear,.,........ firstly I must apologise for our ‘Investor email’ not working and we are attending to that now. Luke is a non-executive and retains a material shareholding through the convertible but decided for personal reasons to sell off part of his portfolio. He remains fully committed to the long term potential of Shanta . We have given a guidance for 2015 which we are confident of achieving and will have completed our financial restructuring in Q1 . We will have established our LOM plan in Q2 once we have completed some additional work on the underground operation and with strong cash flows the company is in a position to deliver value. Regards Mike Houston

Maybe the incoming CEO is ruffling a few feathers or maybe Mr Leslie will leave.... Pure speculation. Also bear in mind he may need the cash for personal reasons. I'm going to email investor relations and I'll update if I get a reply.

Agreed that's it can give pi the jitters when a director sells, but since the gold bear market started in 2013 we have had nothing but good news. To sell now when gold is on its way up on the back of a director sell would be a disaster if the sp were to climb to say 20p . I'm holding and after the news yesterday still very bullish with Shanta. Gla