Member Info for Nigelbonger

I also was a Sirius shareholder back then, luckily got it below the offer price accepted but know of the pain of people sold the dream early on. Was a massive blow to many people!

240k here

On the HL platform you can usualy vote through shareholder meeting link in your accounts. i am guessing this is the same for this offer? I will be voting no to this shameful and clearly corrupt offer fyi.

back of a *** packet maths im reading 35% share dillution

486m new placing

66.6m retail placing going of £2m at 3p

current outstanding shares 1.56 bil

am i reading and working this out right?

Yeah Monkey its a very risky play buying but its more of an opportunity than another share i had so worth the transfer to me. Hoping it pays off for you! Glad to see you can read though happy, I also said its very possible for liquidation too. But thank you for highlighting the downside again for everyone mate, stay strong brother

This will either be back either back over 90p end of year or liquidating at these prices, i am confident in my purchase though. company has cashflows covered including facilities to use and also a strong pipeline of work. lets see wait and see.

People speculation either way is just that... ill remind people specualtion slide the SP from 80p down to high 30s in March then one update confirming everything's on track bounced up into the 90s. the news on the 20th could be just that, it could be terrible. people who invested obviously believe the former, the people who don't gleefully hoping those people don't receive the outcome baffles me. not sure why you are on the board if you arent invested and also maybe check your priorities on investing, should be making money and not hoping people lose it.

Sounds alot like dangling a carrot in that RNS right. Big price gains just round the corner so hang in there people ;). im so underwater that ill be following that carrot though! GL all

Deal for the short to medium term isnt a great deal, although i understand it was fixing a funding issue. Hopefully the lowering of gearing, synergies and ability to expand production fast has a better longer term impact. For now not expecting serious uptick and to be impressed for 3-4 years.

All valid points and agreed with the targeted Vanchem improvements if they materialise, I still think theres greater work to be done to get a meaningful uplift on the share price which unfortunately wont come this year. Although potential green shoots can be visible by year end if the targets are being met. The point you raise by BELCO is a good one but for me i wont be attributing any value to this until there is tangible contracts and forecasts to profitability, until then it is for me a capex cost and operational cost drag on the rest of the bottom line. I personally believe thats why the market isnt assigning value to that portion of the business, whcih obviously gives a large upside for people wanting to take the risk with this share. FYI I hold a large portion of shares myself.

This share has been a dog of a share for a while. Only thing really moving this is sizeable improvements in margins and production, think this is going to be a wait and see what 2024/25 brings.

this is one of my biggest holdings in my portfolio and CLN refinancing was starting to worry me, what great news. Seems well played by FM and fairly resolved by Orion. now to look forward to FY 24 results.

Looks like cash in banks running low again after another capital raise, no projected numbers to FCF positive. Lots of talk about future prospects and the potential. luckily i only took a punt of 1.5k so quite happy to sit and see with this one but i would definitely not be buying anymore until management offers so financial scope on cash generation when they kiijs to be burning about 4m more than they make a year at the moment.

I am with you on retaining earnings, as a longterm holder i invest my money into companies that can make a greater return on capital. Since theres still production ramp up and exploration in assets i would much rather see fully self funded expansion in operations, especially as gold seems th reamin high rather than a quick buck on the SP.

Not sure if the pricings correct but looks like on vanaduimprice.com over the last month has downward V price pressure, could also be driving the SP trending down. Sub 4p is perplexing to me though. The results either confirmed what we knew with positive downward costs, continued sales to specialist sectors gaining increased market prices and also stablised impact on load shedding with focus on higher concentrated seams... unless im missing something?

Seems I cant get away from them, they wanted to buy out the company i work for then my WG shares and now THG. luckily exiting WG at a profit if they are snapped up although had a bright future ahead of it. THG anything above 147p and ill be happy, my breakeven

good news on the gold pour, looks like market priced this in what would be key now is FCF and overall margins predictions i hope we may get scope of next quarter. If the company has a healthy funding stream for west kenya development this could be put into a development timeline after consultation, thats the value unlock for me here.

I remember hearing/reading that they would be updating/confirming production at Sangida after gold pour, am i correct with my understanding? potentially could be why the news id being held while they forecast production rates on current operations?

I am under 30 but rarely know anyone my age who actually buys individual stocks outside of private pensions, if they dabble it all tends to be be spread betting and more of a gamble or funds. Only reason i started early on is because i worked next to someone in their 40s who got me into it at 20.

I think you are right at 19/20, excluding the eskom woes that is causing economic damage and rand depreciation. US rates are now predicted to go much higher at 6.5% and for longer which will increase the dollar strength, looks like rand is being eroded at both sides.