Member Info for ontarget

Low volumes overall Flockton. Just take advantage and buy, I did. Lots of assay results from drilling before xmas are due and also news of final official licence approval and recommencement of drilling are also due anytime.

Ditched the rest of my BNR this morning and bought more quality KOD. Take a look at the RNS KOD released for the results of their first surface samples. The difference between this and BNR's effort is stark: Http://www.investegate.co.uk/kodal-minerals-plc--kod-/rns/high-grade-rock-chip-samples-returned--mali/201612070700071357R/

Take a look at the RNS KOD released fpr the results of their first surface samples. Looks a bit different? Http://www.investegate.co.uk/kodal-minerals-plc--kod-/rns/high-grade-rock-chip-samples-returned--mali/201612070700071357R/ Results here clearly haven't been good so far otherwise they would have mentioned grades in the RNS.

Strange logic.

"No it was Toto" - what does that mean?

If these results are in the same vein (no pun intended) as KOD and BGS then surely this will be off to the races??

From 3rd Jan RNS: "Exploration has already identified pegmatites and we eagerly await assay results from both licences expected later this month."

zzzzz

Just look at the posting history oilmagnet, this is some bizarre cognitive dissonance technique - they are one and the same as the people they're talking about. Very weird.

Short it down with spreadbets (forcing IG to match your position in the market on such a small company) then close out with the discounted placing/warrants? Is that the game?

I suspect the only people making any money on this share are the people receiving the 0.1p and other discounted warrants/shares in the latest round of acquisitions. Unless they are one and the same people as the spread-betters/twitterers of course?

And the wait goes on..

Great find that pawns. Describes the majority of AIM 'miners/explorers' to the tee.

My stockbroker equiniti still has 80p down as the warrant exercise price. Anyone else seeing this?

What am I not being honest about? Do the maths yourself if you don't believe me. 300m * 0.1p = 0.3m 250m * 0.65p = 1.625m 125m * 0.45p = 0.562m Total raised = 2.487m Total shares issued = 675m Average issue price = 0.3684p

Whether its hidden or not isn't really the point. That's an almost doubling of the shares in issue at an average price of 0.36p.

Sorry it's an even better deal than that for the seller - the �1.47m is the profit they would make. So they can get �1.8m worth of BNR shares for �0.3m.

oilmagnet, As the RNS says of the 300m @ 0.1p warrants "At the closing mid-market price of the Company's shares on 29 November 2017 (of 0.59p) the Warrants have an "in the money" value of �1.47 million." In other words the seller can get �1.47m worth of BNR shares for �0.3m. That's quite generous for as you say something where things have yet to be delivered.

I didn't even notice there was a 0.45p placement tbh. Which of the RNS's was that in?

Not sure what you're talking about louis, but I was talking about the warrants (hence the words 'warrant exercise price'). "The First Warrant is over 300,000,000 Ordinary Shares and is exercisable at a price of 0.1p per share "