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Barring World War III, we haven't got too much to worry about here imo (famous last words). Of all my stocks this seems to cause the least headaches the last year. Volume will be light I suppose as the churn is light, even Dekel has agreed to sell no more. It was interesting looking up all those outstanding options in the Results. Lots expiring as 'out of the money'. Surprised really The Martins haven't decided to give themselves more, hopefully they won't, but perhaps next February or so on BFS completion. By the way, I'm finding also the RNS's of FEb 13 & Feb 14 interesting too. There is a great deal about the Options there and the waiver by Martin A. of taking any fee or Options. As Dekel has left the company, his Options may disappear soon. I found in US Law 'Most employees don�t realize that that vested options disappear after they leave the company, typically after the 90 day mark.' Plus at least half of his Options won't have vested yet as they were milestone dependant. All good, less dilution. Think I'll ask Linda on his position on his Feb 14th 4m 15p Options.

I wonder besides weird and wonderful things we don't know about, sentiment could be improving with Dekel's departure, as he has been associated with everything negative about this company. BFS isn't until early next year nor is 'reporting resources and reserves early next year', but think the extra drilling may produce more results this season.

Speculation aside, the big news will be the project financing. The mini financing of $15m was done with CLN's convertible @ 30p. Not sure how the big financing will be done - Debt Financing? Can't believe we'll be doing it with massive dilution, nobody would want that, least of all the Concert Party

You bring up a couple of interesting points. Not sure it can be deduced Labro do not want to bid for the whole company at the moment or in the future. They currently have a high price of the shares they've bought of 20.25p approx and cannot, therefore, take the rest of the shares for a lower price for 12 months. Secondly, if they did let Dekel sell on the market and decrease the sp, their subsequent buying on market might well raise the sp more than the fall. All speculation anyway. With regards Options, some are gradually lapsing as at daft high prices. The 2016 results spell things out clearly. Dekel does indeed have 9.8m remaining but only 4m @ 15p (of the rest about 2m possible to exercise before end of 2018 at 25p and 27p) - so 6m realistically. Linda 5m with 3m @ 15p, Alex Novak 6.6m with 3m @ 15p. The 2 Martins have a negligible amount with Martin A. zero. These warrants, if exercised, would keep the concert party below 50% but would that make any difference. Doubt it. They'd still have enough to vote through anything they wanted. ------------------- You really didn't think much of Dekel did you - don't blame you.

I suppose the price negotiated for Dekel's shares was agreed over a period and when finalised : 'price of 17.25p per share representing a premium of 1.7 per cent. to the 3 month VWAP of 16.96p per share as at close of business on 26 October 2017'. I've now got the daily VWAP at 20p but they only gave him the 3-month VWAP. That Labro have come a long, long way with this share - from just starting to build a stake with their previous name Wilshire Fasanara back in May '13 when they went over 3%, to the present day when they're running the Board and hold 50% of the company. Looks like they're going to run a massive gold mine although it's always got a For Sale notice up somewhere.

No way does that show any lack of confidence in the company by the Board. Dekel must have had personal reasons that he wanted to sell, he's 60 years old, could be any number of reasons and anyway he's keeping 2.8m shares for now until at least next June. Paying him in tranches for a year until 1/11/18 seems a bit odd though. Main thing for this share is keep everything on track until we're ready and able to get the big financing for the first production phase of the mine. All on track so far for production in 2018 and Dekel was never going to be big in the last stages.

And he sold out most of his holding at just 17.25p - crazy man. Obviously he wouldn't have been able to sell 7.5m shares on the Open Market without decimating the sp, so I suppose it's very good news for us pi's. He's pocketed only �1.29m from selling the bulk of hid holding - daft. Perhaps he's got very strong personal reasons for selling. maybe he's not well ?

Well blow me, he's sold 7.5m to Labro ! Must be a pretty acrimonious split if you ask me although he's agreed to hold his remainder. Labro soon to be up to 50.1% all agreed by the Board. Where is this going?

Funny I was just thinking about him the other day and how little we need him now - seems others agree. Anyway, I suppose well done to Dekel taking us through a lot of the red tape even though he never managed to gel with the Chinese. Good move for the payroll. I wouldn't have thought he'd sell up, he's quite possibly in the red but anyway the sp is well below his target

Yeah, surely that was the reason, The last trades on Wednesday, a bit delayed in reporting, were 2 X �30k Buys. So, basically gapped up Thursday morning. Nice. Will it hold or are there quite a few pi's who want out still?

Pleased to come home to this sort of rise after that nothing RNS about an error. Linda better make more mistakes in future. Perhaps those big trades from yesterday are something to do with our rise?

folks

All quiet on the Western Front. False drop if there is a drop today, some systems say -3.59% not the -7.25% above Some news should come before winter shutdown I'd have thought. When will big funding news come? Not perhaps until after we've finished the latest "Tulkubash Heap Leach Project Bankable Feasibility Study". Presumably the sp will just sit in this 16p - 18p range for the next 6 months as I can't see a lot shifting it but you never know. Next year should see us push on when we become closer and closer to production early 2019.

Which mentions RED and then shows how RED works : http://www.pinnacledigest.com/mining-stocks/vanadium-mines-fuel-renewable-batteries/

Yeah 14% of MTFB m'cap �118m is �16.57m.....yet our m'cap here is �4.15m So we're currently well under that.....but we have got a lot of debts

Yes the Interims were very encouraging, gone is Dekel's waffling on and the new chairman and CEO seem much more positive leaders to take this onwards. Of course the winter is beginning and news will inevitably dry up from the ground and are we yet in the position, without the next, now Bankable, Feasibility study, to make the big necessary finance deal? Perhaps, perhaps not. So, probably be a slow winter until April for faithful Chaarat holders. Will be interesting to watch how HUM sp progresses as it goes into production later this year, pi's very confident over there.

So there is the Rath Dhu holding down to zero as I guessed. Welcome Lennie, hope you bring us better luck. Oli, this really is the CGH club (as well as OVG). 15p buyout would suit me, put us out of our misery and a little profit for most.

PI interest zero. One day rodders

Noticed those double trades and that's why I thought Rath Dhu must have sold, whoever they are. Perhaps they are related in some way to us but they only declared that Holding recently and I'm expecting another TR-1 to say it's all gone. Well it does seem that everyone has been suckered in here for this 'lifestyle share'. Obviously the Board are making the right noises that it isn't going to be that way, but that's the way to perpetuate it. Fingers permanently crossed

Pi's too busy elsewhere to bother with CGH but it's great news for the future, 2019 will soon come around. Apparently, stocks relentlessly re-rate upwards as they move to production - probably a week before