Member Info for Peakview

Sea of blue again this morning Matt! Thought your earlier prediction of 230/240p was a sound one. Wish I had more of these, definitely a hold for me.

Still hopelessly wrong stats on LSE - this closed at 197.45 with 6.0p tick up on the day, mainly down to the ICI pension deal announced by LGEN earlier today. A wise man said on this board a few days ago that this is a very cheap share at anything south of £2.00. Could not agree more, and tried to get on at 160p on the morning after Brexit but blocked by site breakdowns. Still very happy - and call me a cynic but I firmly believe that the 5 Brokers who are calling this a Sell will be merrily buying it themselves. Look at the dividend, look at the business record and balance sheet, then try telling me that this is a Sell?

Its stuck sugar - ridiculous spread of 185 - 200. Same on other boards and very misleading for newcomers like me. Should read 194.4/194.5 so nice little rise this morning, so expect profit-takers this afternoon.

here with all the issues, and still some way off production. Have switched all my investment to WLFE who are UK based and up and running with huge resource of W and tin and with guaranteed off-take as the price continues to rise.

Your call ski, and if you are right I will give you full marks for faith and persistence. I think anyone who attended the AGM in January was so stunned with the chicanery and bare-faced misrepresentation delivered by the BOD that day that we could just not go on with the same team in charge. I feel that I might have made good use of the fall-out money for a change - WLFE roaring ahead again today!

No good to go on crying in your beer over this bunch of scoundrels. We all had our chances and refused them to get well stuffed in the end. Glad I sold before waiting for the magical 6p and doubled my holding in a longterm investment in WLFE. Have a look guys - Tungsten mine in Devon, fully funded for a change and roaring ahead into production this summer with guaranteed offtake. Article in FT caused a lift today, but still way underpriced at around 20p. I am robbing the Biscuit Tin for a few more - could be our recovery play INHO!

You just said it all conker - some peace of mind after the serious shafting we long-termers have taken from this two-faced BOD. Some are looking around to blame posters on here - but we all knew the fundamentals and the trends that took us so low, but no idea that those in charge of the company would stoop even lower.

I am afraid that you misread that post, like ski has just explained. It was the DIFFERENCE of £4.5k between selling on the market and waiting for a possible 6p share option offer! I wish you were right - total hit was a wrecking ball £78k at my near 14p average. Don't keep reminding me!

I'm back - but only to say that I was and still am totally in sympathy with your take on the necessary action. Technically they have to honour the 6p offer, but there is many a slip twixt cup and lip - especially when these charlatans are holding the cup. I have taken a £4.5k hit by selling on the market, but still happy to do so under the circumstances. Supposing there are other creditors here demanding their money and deciding to foreclose on failure to pay? Too many imponderables for me now that trust is totally gone out the window.

Some very honest and generous posts on here that epitomise the quality of all the regulars, with trbw now promoted to the rank of investor/philosopher! Looking back, the exchange of views on here has been the best fun of all, and comfortably the best board I have experienced, and some consolation for the despicable treatment meted out to all of us - whatever your level of investment. Unfortunately we don't always get what we deserve - but in future take my best wishes for success and happiness in all your endeavours.

Like your posts and have followed your advice on a few hundred out of the original million! I don't do panic, but I try and do reality, so just not prepared to risk association with inhabitants of the sewer any longer. When covered in slime, it is a good idea to take a shower - so metaphorically speaking, that is exactly what I have done. But good luck with your nuisance tactics, and I am happy to join in and hope it gives them maximum grievance.

Think MikeC has covered all the likely options here. It is a sad and disgraceful episode, but surely planned and probably the reason that the Indian Doctor resigned from the Board - wanting no part of it. I mentioned in an earlier post that Standard Chartered were noticeably schtumm at the AGM to cover their own backsides presumably and will have all the moves and counter-moves covered. Also, the much-touted Chinese interest has been strangely quiet since Friday's announcement - but I guess they would be if it pays to be patient for the ultimate bargain purchase and to stay in the swindle. With such a nasty taste and a serious financial hiding in prospect either way, I could not trust the "attractive offer" of 6p from these dogs - so as much as I have learnt to respect the views of SteelTrader and others, its goodbye from me and good riddance to BAO & BOD. They make Nick Leeson look like a ChoirBoy.

Thanks for explaining ski - once again, all the Buys on your screen are mainly Sells around the rate stipulated by Redbird and pals. There is a cancelled and re-installed Buy of 8 million after the bell, which would about cover the real sells during the day's trading - and is an open-ended Buy order by u-no-hu!!! My broker has now confirmed that instructions will be notified on application for the 6p Share Option offer - but me, I still don't trust them.

Told you all that over 5 hours ago! Try and keep up - in this scenario its vital! If you run again in a private company with companions like BJ, RD, and Redbird you will get all you deserve. Maybe in the recent debacle you only got a light slap on the wrist - whatever, its a form of self-inflicted punishment to get involved again. Also, the 6p "guaranteed route" is not quite the done deal it appears to be, according to my broker. Over to you.

You are right Ski - there are no buys. Sold very lumpy early this morning, and not a trade you would normally get through at 5.55p - recorded as a Buy like all the others. In case anyone is grabbing at straws thinking "someone knows something, there could be a counter bid coming"- forget it IMHO. With big brokers and MMs there is a massive open-ended Buy order sitting there for Redbird and mates at a nice discount to the 6p offered in the Share Option. Read the posts guys - all the long-termers have lost any semblance of trust in this nest of vipers.

Can't think of anything to add to your reflections on this car - sorry air! - crash. My anger has also subsided, but after the event, as ever, a mate of mine has sent me a Times article published on their Business Supplement on Feb.17th describing an extremely questionable and dodgy scene involving Redbird and a Chinese backer in Sierra Leone! More evidence for the strangely missing aforementioned nomad. I have ticked just about every box on your list of "Don'ts" and still not finished beating myself up, but I go strongly with your view that it was the right project including all the known risks, run by the wrong people. Since I would not trust this lot to walk my dog, I am out of here before we get more strokes pulled than you will see at next month's Boat Race. Like you, I remain in just one AIM share, which I am not tipping as it is yet another miner - fully funded this time and about to go into production, but who knows? My confidence is blown away, and its time for an extended period of reflection and wound-licking, and back to what I know best. Roll on Cheltenham!

Right again Emtrad, and up goes the anger level as we take on board this endless catalogue of deception and self-interest by a disgraceful BOD. So we all have a bloody nose - in my case a virtual execution - but unfortunately trbw is spot on with his assessment of our best course of action in these circumstances. I have read of too many action groups (the Honor Blackman-led campaign comes to mind) who were disregarded and stuffed by shifty boards, heroically campaigned for some justice, but still got nowhere against the closed ranks of corporate legal strength.

Yes EMTRAD, it most certainly IS. So they are ruthless swines with an obvious agenda - but what hurts most of all is the collusion of the BOD, who looked at a number of PIs who were showing a genuine and detailed interest at the AGM just 5 weeks ago, smiled and chatted - and then shafted all of us at the same time.

Your post said it all MikeC, and to answer your latest query, Standard Chartered were present at the AGM and were completely stumm on naïve questions such as "What is your forecast on the share price movement?" etc. etc. It was the one aspect which left me with some small doubts, but like most of us, I was completely taken in by the optimism of BJ and his Aussie henchman. I will have to become a bit more cynical with these guys, as today's news makes their stance at the AGM all the more detestable. We were all nicely put away for a few weeks whilst negotiation and testing of samples was supposed to be happening - and then another convenient pause with the Chinese New Year!! I initially thought that Hatman had gone a bit strong with his post, but I am beginning to agree with him, also Robin's take on events. However, we are where we are, and 6p for this company and its resource represents a different form of highway robbery, and if you guys have not already sold, lets weigh this up. Firstly, with the collusion of this BOD and the excuse of no working capital, Redbird are keen to flush us all out whilst the market is at rock bottom. So where has the Chinaman who was looking at a £750m joint venture gone? He can buy the whole lot now with a bid of £20m - so surely he must be taking an interest, assuming that his presence was genuinely reported. Or, as some have suggested, is he lurking behind Redbird with some brown carrier bags? The next 28 days will be interesting, especially for the conspiracy theorists - whom I have just joined. Beginning to accept the reality that either way I have done my brains, and should have stuck with the gee-gees where I do make a regular profit believe it or not! Will miss the fun and exchange of views on this great board with the likes of trbw, mambo, pigeons, ski, bigwod, muel and pico - with Steeltrader always there with further education! After this chastening experience it can only better - so my best wishes to all for some sunshine and luck.

When I asked for some news last night, DID NOT MEAN THIS! Have done £ 65k in cold blood - half of life savings. And not a mention of any of this at the AGM one month ago! And to think that I trusted this BOD and sang their praises. We long-termers have all been suckered, and its a horrible feeling.