Member Info for Phil164

....my money is on the end of themonth

.......lets just hope it doesnt get its strings cut Gus....lol.

Check your facts buffit.....there have been two smallish cash raises in the last three years....we were included in the first...not the second.

Ok well firstly I dont think being heard is a ludicrous idea despite my own reservations about revealing holdings. Secondly as to cash the balance at end June 2023 was 2.4m and at the rate of cash burn then we have enough till mid 2025, however our year end is December and in order for the auditors to sign off the year end accounts the company has to meet the going concern test, ie have enough funds for the next 12 months, so a cash raise will be needed by Q1 2025 at the latest. The concern is the last time small PIs were not asked, if that happens again would I be ok with a further 100m shares to raise 2m plus?......probably....just.

Hi Gus, I want to wait and see what the next update brings, and you are right to me shareholdings are private and I dont particularly hold with disclosing them, but I will say my holding is nowhere near what I might believe to be yours, or probably Anths either.

You seem to be asking a lot about hedging nigel, the main ways I am aware of this is with short positions and options, there dont appear to be any shorts open of any size, as for options maybe you could direct me to the relevant company offering put options in borders and southern.

The first point you raise is a concern, which is why I will be looking closely at progress in the next update and keeping an eye on the cash position, but overall I would far rather have this activity from major holders than not.

I understand why we all want to speculate about things like Obee, but I will stick to two things I know as fact, the first is his leaving has coincided with two major shareholders increasing to own near 20% of the business, and being happy to buy those shares at the current sp. The second is that I am sure these individuals know a lot more than me, it is that which keeps me here.

Well I hope for some progress Anth, and one of the 50k buys today was me. ATB

I reckon we are looking at the end of May, there really should be some progress, we have RKH now awaiting their final decision, could be weeks, could be months, but I have a feeling H2 of 2024 could be interesting.

.....POC I am actually prepared to accept that this may not be down to you, but Mogger has shown Mr Kiyoshi is fake. As to why people do things like this well I would suggest it is for the same reason people post things like "Borders are in the US with their bankers to finalise a deal", or "I just saw a tweet saying farm in deal to be announced next week, then it disappeared"......both of which have been posted recently on here, and not by you....and the latter of which was shown to be untrue.

Oh dear, it looks like you will be going on filter again POC, and I had decided to give you another chance. You are completely missing the point, whether wilfully or not I dont know and frankly I dont care, Mogger has shown that this Mr Kiyoshi is an invented account, the picture shown is not of him but of someone else, and he provided another link to show this, so just stop with the nonsense.

Yes, I kept my powder dry before posting, seemed strange we could be paying somebody who did not appear on the company website as an employee, I noted that he was supposedly in Baltimore the same day the poster Rob Saunders posted about Borders being in the US....12th March, coincidence? or maybe its Mr Saunders responsible for this deception. None of this of course alters the fact that we have had a major shareholder increasing this week.

Waiting with baited breath, it is fair to say there have been many false dawns with this share, but I am having a really hard time convincing myself that there isnt something behind investors like ADB and Mr Mason being here and increasing their holdings.

H Mason is also shown with that holding on barclays research centre Gus, so appears he has upped from just under 4 to 7.22%

Well I am very curious to see what tomorrow and next week brings Gus.

Smell in a good way I hope Gus, unless ADB has sold some to tjis new guy, which I just cannot see, the sp surely has to move soon.

......I guess maybe not...lol.

Well who is he, the Hugh Mason I found is an engineer from Alberta, qualified Association of Professional Engineers, Geoscientists of Alberta, is this him?

Well things just got even more interesting.