Member Info for Neonicotinoid

A_milli I believe the company has a $55 million loan note ( I owe you) for the shares it allotted to boreas wind group and geoenergy Ltd. Couer gold is recorded as the lender in the loan note rather than the borrower.

Hello Applegarth in regards to your sp estimate of 1p - 2p, what do you estimate the mcap to be at these sp levels?

Reverse takeovers
14. A reverse takeover is any acquisition or acquisitions in a twelve month period which for an AIM company would:
— exceed 100% in any of the class tests; or
— result in a fundamental change in its business, board or voting control; or
— in the case of an investing company, depart materially from its investing policy (as stated in its admission document or approved by shareholders in accordance with these rules).
Any agreement which would effect a reverse takeover must be:
— conditional on the consent of its shareholders being given in general meeting;
— notified without delay disclosing the information specified by Schedule Four and insofar as it is with a related party, the additional information required by rule 13; and
— accompanied by the publication of an admission document in respect of the proposed enlarged entity and convening the general meeting.
Where shareholder approval is given for the reverse takeover, trading in the AIM securities of the AIM company will be cancelled. If the enlarged entity seeks admission, it must make an application in the same manner as any other applicant applying for admission of its securities for the first time.” https://www.lseg.com/sites/default/files/content/documents/aim/2018/January/

Your comments about suspension don’t appear inline with the rules on what will happen, this then could in my view have a negative affect on the credibility of your posts.

A_milli do you understand the AIM rules and what will happen in the event of an RTO ?

Oilswellthatends some good food for thought, thank you.

It’s been posted that there will probably be no suspension in trading if/when BOU RTO’s and the price will “multi-bag”.
I don’t believe that’s how it will work.
“Reverse takeovers
14. A reverse takeover is any acquisition or acquisitions in a twelve month period which for an AIM company would:
— exceed 100% in any of the class tests; or
— result in a fundamental change in its business, board or voting control; or
— in the case of an investing company, depart materially from its investing policy (as stated in its admission document or approved by shareholders in accordance with these rules).
Any agreement which would effect a reverse takeover must be:
— conditional on the consent of its shareholders being given in general meeting;
— notified without delay disclosing the information specified by Schedule Four and insofar as it is with a related party, the additional information required by rule 13; and
— accompanied by the publication of an admission document in respect of the proposed enlarged entity and convening the general meeting.
Where shareholder approval is given for the reverse takeover, trading in the AIM securities of the AIM company will be cancelled. If the enlarged entity seeks admission, it must make an application in the same manner as any other applicant applying for admission of its securities for the first time.” https://www.lseg.com/sites/default/files/content/documents/aim/2018/January/AIM_Rules_for_Companies_January_2018.pdf

Interestingly for our position as BOU holders there was a company who’s shares were restored to trading on aim last Tuesday, after suspension for one month due to an RTO. On restoration the share price increased 88%(hardly a multi bag but still very nice) in the day. Unfortunately I don’t hold any shares of that company, and can’t give any background to its situation(other than it was not a shell company) as I haven’t researched it yet.

Every time we post we see the “Important message from the financial conduct authority “ about what may constitute market abuse. The following is a from RKB’s post today on another stock

“Why I am Posting almost 25 pages of Posts and over 9,200 words is because the Market has grossly undervalued Clear Leisure. Knigelk always says that Posters do not increase or decrease a share price and strictly speaking this is true except that when someone Posts and this catches a Poster’s attention then after they have done their own research they may decide to buy or sell. It is this buying and selling that moves a share price.

So with the following Posts there are about 14 Subjects. The first sets the scene and alludes to what is about to follow and the thirteen following Posts, all relate to an individual subject, are broken down so that we may have a clear understanding as to how this impacts on our NAV.

Now you no doubt are asking the question as to why would someone go to such extreme lengths just to “inform” others? My goal is to top-slice without affecting the share price as it increases. I did this with exact precision on the 30th June 2017 with 47 trades where I received between 1.3p and 1.55p without crashing the price and managed to get my free ride with what was left on the table even though the share was suspended that Friday due to the delay in publishing the results.

I honestly believe that when I begin to Post that the herd will take note and arrive on mass and if you are not greedy you may also be able to top slice. The ones who think they can make silly “bags” will have to decide how big their bag really is and limit their greed.

RKB

PS to put 9,200 words into context if you take a normal Post like LtdAxis Post number 310 on Wednesday 5th May 2019 at 15:27 it was about 115 words. I am Posting about 80 times that only to inform so that the Herd have something to graze upon and then we can all be happy if we are not greedy.“

I think he was condemned by his own words.

Hello Jace I’m still here and still in the process. The discussion on here helped me decide about which strategy to take. Are you still holding for gold?

Oilswellthatends you won’t be popular with rational posts like that, it goes against the widely held (propelled) consensus on here.

I have had two invitations (which I refused to go along with) and a warning this week and been told to keep my nose out. The club that Upshunt speaks about must be a very organised colony. I think I am a lemon and you have been making lemonade and doing a roaring trade. If I have things wrong I would be interested in your views on my questions yesterday. I despise any trading club and think it’s workers have been busy today. I do enjoy and can’t help admire your posts though.
In the end you have to be cautious as a serpent and innocent as a dove.

Good evening RKB
Oh dear we both appear to enjoy being cryptic, but this has lead to our thoughts going in opposite directions and we are both on the wrong track as to what the other is saying. What ever you inferred from my post which prompted the change of tone was a misunderstanding. I was not trying to tell you anything I was trying to ask you something cryptically because I thought we’d both enjoy it and because my questions anger some.

I don’t think we will see any BOU director buys or sells at the moment as they have information which is not available publicly and would be guilty of insider dealing if they did trade. If you were a director of a company or companies which were in discussion with BOU in regards to an acquisition wouldn’t you be privy to insider information which would affect the share price of BOU and unable to buy or sell? I wanted to ask you this discretely as I thought you would see it as a genuine question, honestly consider it and tell me if I’m barking up the wrong tree or have a thought that needs more consideration.

You would imagine both parties of an RTO would be willing participants and working together towards a shared outcome, does “irrevocable agreement” fit this scenario?

In my research into RTO’s I read that if information about the acquisition leaked then the share would be suspended do you know if that’s true?

Remember the parallel, I like the theory here and want it to be true, i will always follow the evidence.

“I was looking again at all the links for Scotia and thinking about what Neonicotinoid has posted. I will not spell out all the clues from his posting but if he is honest as I believe he is then it most likely will be Scotia Exploration Ltd.” I hope this is an honest mistake on your part.

Call out if you want to
Neo

Ps what I have learned on here over my time watching but not commenting and in debate over the weekend makes sense.

Good evening RKB Another string of enjoyable posts with much in between which although I can seen it a large proportion went over my head for three reasons.
1 I’ve never been a punctuation pedant.
2 I am more of a score than a Mexican trump.
3 You are heading toward Kinning park from Ibrox on the outer circle.

Interesting you should mention religion. I was brought up religious and until recently I was an actively religious person until I had a crisis of faith (a cliche I know). When my faith began to waiver I was encouraged to study more to rebuild it and although the on the surface the teachings made sense my study brought up flaws which I could not ignore. It can be very painful loosing your beliefs and the hope they hold out for this reason in my heart I wish I still had faith but my critical thinking, research and reflection currently prevent it. I don’t like to trivialise this but the attitudes and confirmation bias in religion and my experience may be parallel here.
Now in regards to the question I didn’t ask you are heading to Rest and be thankful southbound on the m74. I am going to quote you from last Friday.

“On a different note, I spoke yesterday to Antos and he was upbeat and obviously gave nothing away. I also spoke this afternoon to Antos as I was working on something and he seemed more upbeat than at any other time.”

If he had given anything away to you, you would no longer be able to action any buy or sell trades because you are law abiding and the knowledge you had would prevent it. I’m not suggesting impropriety quite the opposite. My suggestion is that very publicly someone is not breaking the law by their actions. A minor flaw to the theory that makes so much sense, again the parallel of want and thought heading in conflict.
Hopefully this will not annoy those with eyes which will not see as much as if I had been blunt.

Hello Rkb I have been watching this board for sometime and have been informed and entertained by your posts. I’m sure your literary skill must earn you good money like your compatriot JK. I must confess my nom-de-plume was a tease to see if you really were a bee keeper or a least as knowledgeable as you appear to be. I would have been disappointed if you didn’t spot it straight away.
As is your habit I would like to share an anecdote.

Those who know me might well say to me “ you’d forget your head if it wasn’t screwed on” and with good reason. I have a terrible memory for some things. My business is so dull that visiting the accountant is something to look forward to. Being so dull it can be difficult to remember pertinent information. For this reason I have to keep very good records. Keeping good records means simplistically I only have to remember two things, record information and check my records.
With things that interest me I am quite the opposite. For example years ago I was working with a much older and “wiser” friend. This friend strongly recommended buying physical gold and keeping it as an investment, he went on to tell me that he had a roll of Kruggerrands. Years past and I was talking with my now retired friend and he mentioned his money troubles, I suggested it might be a good time to sell his Krugerrands as the price of gold was high at that time. His response was “what Krugerrands?” I reminded him of our conversation and he being rather embarrassed and having no other option admitted he had been “fibbing” and had never owned any. Strangely without much effort my memory for things financial and inconsistencies is excellent and my recall rapid.

I’m often told I’m guilty of “overthinking”. Some of my overthinking has been on the subject of greed. It’s been mentioned on here that the greedy who have or are going to take their profits shortly will regret their greed when BOU multibags. I’m sure you too see the irony in statements like that.

As for my posts over the weekend they are based on my attempt at logical thinking and research, trying to bring balance to the conversation so people don’t get caught in the hype as it is too easy to do. I base my thinking on publicly available information and have no insider information so I don’t want that inferred. As for insider information there is a question I would like to ask about the actions those who possess it are legally permit to take. But I am a man of my word and won’t ask my questions during the week and be accused of deramping. I will carry on my research and if I haven’t found my answer by close of trade Friday I’ll will ask my question then giving the whole weekend for others to give their insight. As you are an astute man RKB I ask that you consider the topic of insider information and the situation we are all interested in and work out what my question may be. I may be chasing the wind but I’m interested in your thoughts on the question I haven’t asked you.

Blutonyblu I have been listening and it’s been interesting.
Why would Peterhouse not take the money if the didn’t see value, I get that point. As for getting smacked in the chops it is a concern because the people with the big money will look after that first guaranteed, would they look out for pi’s ? Who knows?
Before this weekend I WRONGLY thought people were mistakenly or deceitfully connecting Coeur Gold Holdings and Coeur Gold Armenia(which was going to RTO with dragon group for over £200million). I also was suspicious of why Mr Richmond (of the former Coeur Gold Armenia)was listed as a director of Coeur Gold on its website but not registered as such on companies house, I have however seen how his is listed as a director of one of the companies connected with Coeur Gold Holdings. I listened and have learned.
After my own research and some sensible posts on here I’m going to answer my original question of where’s the value:
If as many suspect BOU and Coeur Gold Holdings RTO our shares will become the shares of a pre production mining company which has mining rights in Armenia and Kyrgyzstan. If the company goes into production it’s value will increase and it may even start paying dividends. This I believe is a succinct way of what some on here have been saying.
What I believe doesn’t help is the eagerness to instantly brand people as derampers, people who make predictions of share price movements (in either direction) with little or no reasonings shared or those that hint that the have information not available to everyone else without sharing it. These type of actions will lead people who notice BOU on the leader board to suspect its being ramped with no substance.

Blutonyblu there’s no angst, how do you learn without asking questions? You can only do so much research yourself and others will find things I haven’t and have therefore filled in gaps in my knowledge. My questions have brought to the top of the chat lots of good information as to where the value will come from so how have they been negative. People have been angered by me but I mainly see positives from the well thought out responses. If others view me as a deramper that’s unfortunate as I have given no encouragement to buy or sell and strongly believe well thought out ideas and research can stand up to examination.

I’m posting under a different subject as the previous one ruffled feathers. I bought a small amount in psl in March after jumping on the bandwagon when it was on the leaderboard and having a look on the psl chats to see what was going on. It was bought on a whim for some excitement. I have since topped up but still have a small investment here so not a great risk for me but potentially some nice gains. Buying first and researching after is foolish but for my holdings it doesn’t really matter and I am in profit here so it worked out fine,
As you all know I’m new to posting (I’ve been watching a long time but only registered this week) yesterday I was responding to people on the thread I started, it was late in the day that I realised my browser was only showing my thread and not all posts that is why I responded late to some earlier posts.

In regards to my missing £500k in my example if someone buys your business and pay you cash and shares (in a RTO)the cash is your cash personally so it doesn’t stay within the new business after the RTO so that £500k leaves the business and the value goes down accordingly.

Asking these questions at the weekend is hardly an affective method of deramping, there is plenty of time whilst the market is closed for people to debate with me and show with logic and information where the value is. There has been plenty of information and links provided which strengthens the general consensus on here. (Although I suspect wildcard may have a problem with grams and ounces putting his explanations out.) Taken in general I have been shown where the value is.

A few more questions (I promise no more during trading hours)

Why is a director of Coeur Gold buying a stake in BOU rather than Coeur Gold Holdings buying the stake itself? I understand they need control over BOU but the suspected RTO would be into the company rather than the director so why doesn’t the company gain control?

Does any know or have any ideas what prevented the previous three RTO attempts made by mr Richmond and Coeur Gold Armenia?

Thanks Neo

No the £500k is what the owners of the private company receive along with shares when the shell buys the private company. They don’t just give their company to the shell they are paid cash and shares in the new company formed by the RTO.

Wild card using your numbers there are a total of 120 tonnes at a grade of 2.5 g/t these will be tailings (material which has previously been mined using crude methods so there is still gold left in it). Forgive me if you know this, the grade means how many grams of gold per tonne of material you will obtain 2.5x 120= 300 grams worth just under £10000.

A_milli thanks for the link now I see a connection between Coeur Gold holdings and Coeur Gold Armenia namely the director listed on the website George Richmond, who is also named in past articles about the Coeur Gold Armenia/ dragon group RTO. Any idea why Richmond is not listed as a director on companies house?