Member Info for pablo2

never ceases to amaze me. Can't for the life of me see where all these shares are coming from for the two Martins. They seem to have picked up a big bundle today and I'm surprised all these Holdings RNS's don't make more pi's want to come in. Think we'll get another push upwards soon. I'm getting nothing from Linda despite about 4 emails just asking for a simple comment or a bit of info. In the past that has always meant with her "something's up". In this case it must be something big. I'm beginning to think the 2 Martins and their concert party maybe do mean takeover and everyone is keeping very quiet. Don't think Dekel has done a video interview since September. Linda has gone to ground. The last update 9 days ago really emphasised 'shareholder value' but also how under-valued the project is. Might they decide to take it private? With the concert and the rest of mgmt they must surely be closing in on 60% ownership soon. Who knows?

They used to do that in the past a year or two ago but haven't seen it lately. Reckon over 0.5m squirreled away today

Just look at those Buys just before 3 pm - another 450k snaffled away by the directors.

Welcome to Chaarat. If you stay a month you should get something; if you stay a year you should get more. Anyway, GL

Oh doubter Denys, he's back with a vengeance. He purchased on Friday, his mate, the other Martin, yesterday, and, trust me, they're buying today. How do I know - experience of their buying patterns - quick rat-a-tat buys that usually will add up to round numbers, if not at first obviously so.

Mr. A that is

No-one has really answered my question though : In our current form are we an outfit that qualifies to continue as an Aim company? We can all see our cash pile, Poly shares and divis. Is that sufficient to maintain a listing? Do we have any mining activities? (Hi, Daisan - not big or been very long in here, but could see we are undervalued)

With a Close @ 20p No-one's watching Linda, come on

Think he has been a little busy this afternoon, he likes to keep his eye in. Come on Linda, 2 X RNS please

so far, think Mr A is having a day-off. He always seems to trade in round numbers (if covered over a few trades) and I can't see him around. Linda still owes us a Holdings RNS and a TR-1 holdings RNS plus she's still ignoring me.

Well we're not completely sure then but it isn't something we can do about. Linda never got back to me after my email on Jan 30 and re-sent on Feb 2 basically trying to get any view on Mr.A's buying - fair enough, I'll take that as 'no comment'. I emailed her yesterday at 4:55 and whether that prompted her 'Replacement RNS' she's yet to say. Hope she does keep in touch with me as it's good to have some contact with the Board. Still expecting a TR-1 for above 40% (including warrants) which is due and reckon we should get another Holdings RNS for Friday's buying. These RNS's are what has really got other people to take notice. Plenty of pi's ears pricking up. I'm tweeting almost daily about Mr.A, his buying and his obvious belief in the company.

Interesting, thanks. With a takeover attempt, if hostile, what percentage of acceptances would Labro need? If Dekel and co all for it, i.e. not hostile, I would imagine it would sail through.

That's not too bad, a bit of consolidation because we must have had some profit takers. Have emailed Linda about error in 'still to buy' and 'where's the TR-1?'. Cheers to all, old and new.

Got plenty more yesterday, 190k odd up to max price of 20.5p Think Linda's not got the 'how many more they can buy' right, as that didn't change from earlier RNS If they trigger a mandatory offer it has to be at least at their max price they have purchased in the last 12 months (now 20.5p) and for all the shares. Dekel wouldn't be happy at that price nor others with decent holdings. However, Martin A. and co are starting to hold all the power. Whether they could be resisted, probably unless they offered a decent price IMO at least 32p. If it were hostile and not agreed by rest of Bod, they might only need 50.1% to push it through - not totally sure.

Labro can go up to 45% and if they exercise their warrants up to 48.2% - think we'd all forgotten the figures That is one heck of a wedge of the company. I expect a TR-1 any day (like Nov 16th 9:15am) as they now have gone over the 40% with their warrants included.

You are a mine of ....questions. From the RNS's you can see how many more Mr.A and his associates are allowed to buy. The whole thing about this 'allowed to buy' was ostensibly because he couldn't get as many as he wanted in the last placing in September, so it was agreed to allow buying up to a possible 45% within 6 months. The concert party would only reach 48.2% if they exercised all their warrants as well (at 15p and now 'in the money' - but of course these warrants do at least give Chaarat cash which his current purchases on the open market don't). The RNS on Nov '16 at 9:15 am is enlightening. This is not the usual director Holdings but a TR-1 involving Mr.A and his concert party. Here you can see they went over 39% fully diluted (with warrants exercised). They are therefore very close to 40% but still can buy as of the last RNS this morning 5.8m shares. There will be another TR-1 RNS soon when they go over 40% with their warrants. Just checked all this out in the RNS's and particularly important is the 27 Sept RNS which states the 45% and 48.2% maximums (somehow I think we've all been getting it wrong on this board lately and those are the true possible, allowable maximums before triggering mandatory offer for the company : "As the Placing was oversubscribed and Placing applications by members of the Concert Party were scaled back, it has been agreed as part of the Placing that members of the Concert Party may acquire up to a further 21,611,714 Ordinary Shares (excluding Ordinary Shares issued on exercise of Labro Warrants) within a period of six months following Admission without triggering a requirement to make a mandatory offer under the Articles (see "Further information relating to the Placing" below). If all such Ordinary Shares were acquired within such period by way of the acquisition of existing Ordinary Shares, the Concert Party would hold 158,469,748 Ordinary Shares representing 45.0%% of the Enlarged Share Capital and, if all Labro Warrants were exercised (but no other warrants or options to subscribe for Ordinary Shares were exercised and no other Ordinary Shares were issued), the Concert Party would hold 179,837,269 Ordinary Shares representing 48.2% of the resulting enlarged share capital."

McSquares - exactly my thinking, Mr A tool another 250,000 and @ 21p. Reckon he'll keep going well towards the end of March with 200k - 500k each day. Doesn't want to spike the price too much

Besides this current buying frenzy with Matin A., our chairman and friends, IS ......he likes it, he obviously reckons this has got a big future from 20p upwards. I've always thought Dekel's minimum acceptable price was 32p and 50p he'd like. A lot more is possible in a year or two

I spoke to Linda about the warrant price denominated in dollars and the exchange rate. She came back to me last July with "The warrant price is 15p and is not affected by the US:GBP exchange rate." Carvegyber - Mr.A and his cronies are certainly upping their buying. They've had to wait quite a while for supply to increase. Now some folks are selling there is liquidity and they can up their buying. About 30 working days before Mar 31st and looks like they'll buy every last share they are allowed to.

I thought I visited this board infrequently, when are you dropping by next?