Member Info for Not2sure

It reminds me a little of Marianas find in Turkey when they made a shallow find with high grade which then just started getting bigger and richer..definitely one to hold here especially with so many other irons in the fire !

I am no geologist but that does not look too bad !!

asked yesterday why you would sell out before the announcement..dont want to state the obvious but many investors have different trading criteria and err on the side of caution if they are not too sure what to expect from company updates..nevertheless mos still has potential

Thought it was just over 4 million

I remember that same question being asked when the share price was 13/14p before the results and subsequent fundraise that took us down to below where we are now so those investors were not wrong..i am slowly coming round to the opinion that sometimes if there is some doubt in your mind which way a share is going to go then it may be safer out than in and then take a view once you have digested the news..you may have to pay a little more for the shares but you may be a lot better informed..having said all of that lets hope for a very positive outcome after the next update

Although to be fair he sold out of mariana !

Roadend what is your understanding of the scheme record date..if as you say are a buyer do you still qualify for the cash and shares offer or are you just trying to trade those purchases made today..thanks

Possibly but sandstorm also have plenty of warrants outstanding at $4 that might hold the price back

Record time today the day of the announcement or at a time in the near future not specified yet ?

Are you with HL

You are not that keen on them are you lol

Hey indeed but it worked last time lol for a couple of days..dont think it will have the same effect this time

I believe it is the office of Hewitson Moorhead solicitors to Fitbug..very common for companies to have a registered office address at either accountants or solicitors

From the RNS the devices are sold on low margins to corporate customers

I have to say that sounds very confusing and contradictory..you generally cannot have the sort of rise we have just seen in fitb without all the traders to give the share momentum..if as you say they have bailed then without the volume and new news a softening of the price could be expected..i bought these after their fundraise and subsequent update which i thought was mildly bullish only to see them drop from .28 to .16 and sometimes seeing only a few trades a day so the last couple of days has been absolutely manic..will watch from the sidelines now to see where it all ends up

Yep or a bit of both

I am not so sure about that..is this not a plan to scupper RTs plans by placing the best part of 80 million shares with other investors so he is outvoted..i suppose he could make an aggressive t/o approach before any fundraise tho

I know in the case of Madagascar oil who are trying to refinance that their potential lenders may insist on certain conditions one of which is to delist before they commit to giving more funds

Haha with accounting like that no wonder quindell ended up on its arse

sorry about that not too sure if I did know and forgot or just missed the rns but thanks for putting me right