Member Info for pablo2

Applied for my Open Offer shares and have made an excess application too. This should move nicely back up now. Though I hate consolidations, hope this one when it hits, proves the exception.

Seems to quietly have got a bit of momentum lately.

Just can't force those pesky oranges to behave!

Er, well no they don't. However, they keep getting tipped in Shares mag - 2nd week running. Yesterday, they say that value investor Ben Graham had he been alive today would be buying into ACHL - more like turning in his grave at the thought of it! Profits are expected to be small this year, though on this RNS one would presume smaller, yet it finishes with : 'the turnover and core net profit for the year ending 30 June 2014 is expected to be in line with current market expectations, albeit, as announced previously, lower than that reported in the prior year ended 30 June 2013.' So, profit is as was previously expected - I would have thought having signed up to supply more oranges than you had might be penal.

when will this drifting stop, I presume there is No reason, except the one I mentioned weeks ago - after a consolidation the stock has a big hole below it to drift into. Must admit this did not happen for a week or two after consolidation but certainly happened now. Is there any other reason besides lack of news? If not this will have a Big Bounce soon especially if good trading news.

Same story with Beaufort Sharedealing - no reponse on the open Offer at all yet. I would imagine these brokers need one's cash and instructions by Tuesday 5 pm probably, though it will vary.

There are quite a few posters giving live prices and a few others asking for them. I have Live prices through IG - must remember to keep them to myself. Van - I took up a 2nd username once and when I posted my first post got a 24-hr ban. They are not daft with regards where you connect from(can't remember technical term). (Plus my userid was Paulinho2 (similar to mine) and my password was the same as my actual one - must admit I'm daft, but won't be doing that again).

Yeah, can't find his member name or any posts(particularly REM). Seemed like a knowledgeable guy, be interesting to know what he did wrong so I don't fall into the same trap.

Please do contact Mark Collingbourne if you can, I can't see his email address only his phone number and it is probably best to have it in black and white via email about these 'performance conditions'.

'10.2.4 Performance Conditions The options granted under the Unapproved Scheme to the Directors, together with Sandeep Gulati and Bob Dean only vest provided the Company’s share price reaches or exceeds 0.5p for a continuous period of 30 days at any time during the period of five years from 28 January 2014. The other options granted under the Unapproved Scheme are not subject to such a vesting condition.' Current document therefore has this error in it that needs amending - should not be 0.5p. Can you email Adam again Vanvagabond?

Thanks for thoughts - it was a terrible day for all invested here but it is very difficult to assess where it might go in the next few months. I didn't think too many were going to appreciate a Kyrgyz explorer as our reverse takeover but no-one knew what we'd get. Don't think it's clear what we have and think we'll have to have a bit of faith in Peter Moss, Charles Goodfellow, and Shahed Mahmood that they haven't just stitched us all up before they depart on July 15th.

Not 100% sure but think the Manus Island project has not been properly funded or explored for ages and was just waiting for this to happen although there was a possibility Newcrest might have continued. As you say, Skiman nskyline, no reaction, only 1 trade after RNS. Except that dude Mr.Fairless(?) who recently got loads, I don't think any one's too bothered about cashing in their few pennies worth. We're all hoping Newmont database thing might lead to a new project with a new JV. Where's Fraser when you need him? - lol.

Now the stuff is starting to go everywhere, I notice Apfreely and Olderandwiser are making no comments.

This drop today, I for one, expected with this Krygyz explorer, but no reason to say MEN doomed. Surely progressing in rather a strange way but moving forwards.

has got nothing to do with today, at all. It won't happen to a later date and officially does nothing to the value of the company. As I suspected, a lot of people do not want a Krygyz explorer at the moment. Only choice for holders is Sell and take loss or Hold and let the dust settle and let the experts work out if they think this is of value. Nothing settled yet, no doom.

bites the bullet and gives up on PNG- Manus Island. There is not much left I'm afraid. Maybe something will come form this 'help' from Newmont. This company had a good shot with quite a few projects but they've all proved too expensive and fruitless. The end is nigh? Hope not.

Basically, your guess is as good as mine. There are many sides to this acquisition and it is very difficult to know at what point this might be profitable for us. Certainly sounds as if it has great potential though I presume this 'force majeur' thing is a political problem we are going to have to work on(not sure). It also seems as if the production of gold and/or copper may be a few years off. Personally I hate consolidations which theoretically make no difference but always, in my experience, lead to at least a short term drop in the sp. I personally didn't need another gold explorer in the Krygyz in my portfolio but, as has been laboured before, I've not got a big holding. The market will decide today or tomorrow whether it likes the idea initially but obviously it will take a few weeks for the dust to settle, and new shares/consolidation to occur.

I admire your enthusiasm but not sure it's a certain winner myself.

'expected to occur by no later than 8.00 am on 19 June 2014.' - in my book that could mean later today.

Thanks for that info - commercialisation, nice long word. jony jackles - as we've passed the record date, I reckon you could sell all your shares now and still have your Open Offer entitlement - but why not ask your broker.