Member Info for Oliversydney

We seemed to have done them a favour after our share price wrecked by their RNS

Mr T agreed Cyprus has done is no favours but if you look at the Balance Sheet and write off the Cyprus venture we still have a company valuation of 8 million against a current share price value of 4 million so share price is out of step

Well I got it correct and was all in accounts so worth reading before causing the share price to crash when it was clear we didn't owe 500000

If you look at the joint venture agreement it mentions each party commuted to spend up to 500000 U S dollars .
In the accounts just released in note 8 under Cyprus it states no impairment required against capitalised costs of £228307
Therefore it seems the total money expended to date is this figure with the remainder due as part of the commitment

Busy day for Colin. RNS for XTR BZT and AFP and have holdings in all . Of all the companies AFP looks the most undervalued with exciting prospects together with Colin holding a large stake and Sandf ire Resources holding 15% and potentially rewarding joint ventures

Strong start with good volume and this is not a pump and dump stock but with meetings next week could see a very good rise

Correct as I emailed Roy and no reply whereas I have shares in a American listed company and the CEO replied to my emails immediately
As the shares are suspended any reply is not price sensitive but obviously a matter of courtesy to long suffering shareholders

All buys today and a very large late one so hopefully news soon

What has happened to the regular interviews with Zak Mir and hope Colin is not avoiding shareholders as now share price close to the low for the year so rather worrying

Sudden drop usually means placing to be announced especially last placing for 600k was nine months ago so must be short of funds

I am sure Colin will do all in his power to get the share price up considering his last top up in May was as at 13.75 a share despite such positive progress

Can sell ten million but buy virtually none so looking really strong

Down 8% On one trade of less than £200
Mad

I managed to buy but I use a broker but decided to average down as impressed by the appointment

Now eleven months since suspension and in that announcement stated that they would keep shareholders updated but absolutely nothing
Disgraceful behaviour by the company

With 228 million shares coming on the market today at .35 can not see this moving up any time soon as the placees will be taking any tiny profit going

Agree with you Charlie 100% and when you compare with Colin Bird of Xtract and his other companies who constantly informs the shareholders with interviews which is respectful and shows investors deserve nothing less

It is obvious reading this RNS that there had been no interest in farm out and the rest is pure generalities . Most telling is that no directors have taken shares in the placing which says it all

The last placing was actually a year ago at 0.50 so we are diluting at an even lower price

Peter Hill stated please to raise funds enabling us to assist optionality generally
What the hell does this mean other than to continue to pay directors fees
My mistake I should have bailed out over five years ago when the company had 12 million in the bank and no debt and were then seeking farm out partners
No way this will ever go to 1 pence as more dilution goes on