Member Info for MrMan

Moving up

400% spread..

can somebody telme what that means please?

The Company's share price ranged between 0.75p and 2.75p during the period. The closing share price as at 31 December 2008 was 0.88p per share. 11. Share capital and share options 31 December 30 June 2008£ 2008£ Authorised share capital10,000,000,000 10,000,000 10,000,000 ordinary shares of 0.1p each Allotted, called up and fully paid share 291,000 291,000 capital291,000,000 ordinary shares of 0.1p each No shares were issued during the six months ended 31 December 2008 or the year ended 30 June 2008. The details of share options outstanding at 31 December 2008 are as follows: Number ofshare options At 1 July 2008 35,000,000 Granted during the period 34,000,000 Exercised or cancelled during the period -

The volatility measured at the standard deviation of expected share price return is based on statistical analysis of the share price over the period to 31 December 2008, calculated at 140%. The risk free rate was 4.93% at the option grant date. The estimated fair values and other details which were processed into the model are as follows: Name Date granted Number Exercise price Expiry Fair value Fair value date grant date grant date per option Total A. Gostevskikh 24/7/2008 8,000,000 5.0p 23/7/2013 0.02p £192,000 10,000,000 15.0p 0.02p £210,000 10,000,000 35.0p 0.02p £190,000 A. Lewis 24/7/2008 2,000,000 5.0p 23/7/2013 0.02p £48,000 2,000,000 15.0p 0.02p £42,000 2,000,000 35.0p 0.02p £38,000 Total 34,000,0000 £720,000 The Company's share price

During the period the Company granted 34 million share options to its two new Directors. These share options were granted at exercise prices between 5p and 35p. As the Company's share price ranged between 0.75p and 2.75p during the period, the share options were granted at exercise prices which were substantially greater than the market value of the shares. The share options were therefore 'out of the money' and there was no intrinsic value in the options during the period. The Company is required by IFRS 2 'Share Based Payments' to calculate the fair value of the options at the date of grant. The fair value of the options represents the benefit to be gained by the Group from the services provided by the Directors for which the share options granted forms part of their compensation expense. The Company recognises the fair value amount as an expense in the income statement with a corresponding increase in equity. The fair value of the options granted to Directors during the period ended 31 December 2008 was £720,000. The assessed fair value at the grant date was determined using the Black-Scholes Model that takes into account the exercise price, the term of the option, the share price at grant date, the expected price volatility of the underlying share, the expected dividend yield and the risk-free interest rate for the term of the option. The volatility measured at the standard deviation of expected share price return is based on statistical analysis of the share price o

you! can you talk to my URA too to make it go up ?

Im sure it is up beacuse uranium prices are up 2%

topped up this morning, sold most my others. Now on 305k shares

thank you ! aussiesco

Thank you for some clarity ALI. im excited about tomorow not for these though :) GLA

how do u know it was the same person? no evidence of that.

im out of these tomorow. Taking my profit. GLA.

nice share good company but this was a safe play from me. GLA out of these tomorow.

why do companies do ths?

i actually dont understand what MMs stand for been in shares a while though i thought it the value just went on supply and demand?

why are you all paranoid about MMs?

this will surely fall more now, Bad experience wtih SCA (Sports Cafe) Same sort of situation. Becareful ladies and gents. GLA Will be watching this would only risk £200 depending how low it goes. Dont think i will though see what happens.

lmao @ chris

lol :)