Member Info for Mumbo_Jumbo

Ezhik - Long time no see here, what shares are you into these days.

Spreadex June rollover coming soon. Good that the spread has reduced.

Lennigas involved here?

Yesterday was the 2.4p warrants deadline, flurry to exercise.

2.40 warrants deadline today isnt it?

Its all there in the research note. At anytime, this could go bonkers.

Dusty - We are moving up the ladder on these warrants. The price has to be substantially above the next pricing point before they get exercised, thats the pattern that we have observed here.

Dusty - 2.40 warrants deadline is imminent. I reckon almost all have been exercised.

The 3p warrants expire in June, therefore the price curve has shifted upwards for them to be exercised. All good signs from here to coincide with the drilling.

The last remaining 2.4p warrants are being exercised. I think we are pretty close to then end for these, if not already.

This is yet more confirmation that Sam is going on to make a district level discovery here.

Whats change at PRD?

Dusty they changed the rules so that they could hold large position without having to make a bid.

Not messing round. Phase 3 results to come in the meantime.

Glen - I understand your perspective, it is 15-20% at current issue, some are at 4.5p so 5p+ plus to give a return on those. But a blockbuster RNS trumps everything. Frequently entire share issue can get churned with a day or two in such scenarios.

The higher the SP, fewer the warrants needed to exercise to release cash. Higher the SP, means higher returns for the warrant holders. It serves no one's interest to keep the SP in this range. Thats why I am interested in that block buster RNS that could land any day and show that we have definitive district scale opportunity with all the infrastructure already in place. Sam is working through this quite methodically and putting all the pieces together. That picture could come to the market any day.

Not sold my spreadex.

Rob - it would good to remind everyone the imminent results we are waiting on. One RNS could set this into stratosphere.

Rob - I noticed the same. Almost matched buys. Looks like someone else is building a position?

Getting better and better. District level scale becoming apparent.

I hold some through them, so they wont be gone completely :) Unless they bet against me

All buys today, looks like it is loading up from here.