Member Info for PiranhaPires

did anyone seen the latest RNS
Nice purchase,
9.5ml shares at average of 15p a share, already in the money
the price barely moved!
anyone have any idea of when an offer should be on the table?
looking at last 12 months trading given best price is around 50p, would it be reasonable to expect an offer of around 40p mark!

dahmed hmmm.... What about dilution due to funds raised... HUR don’t seem to have the same number of shares as UKOG!

Or test 1.60! Raining season is up on us

penceofpurpose, can’t they buy the option to buy them in the future, just with 10% of the value or something like that? By that time 6 months, to a year if they are 40/50p sell them and pocket the difference? Anyway let’s see what tomorrow brings! We should get a few blue days

Yes thechancers Sure , we all need some news now on future way forward, but it’s not hard to imagine that the reason we currently don’t have any, is because one of the main partners was free riding and not paying their fair share, to the point this had to go to court. Let’s hope we now see a major announcement with future plan and if they don’t contribute and try to make a mockery of the court, just because is the Indian system they are swiftly dealt with and we get 100% ownership. Let’s see next week or to we have some news! Still concern over their ability to continue to pay if took all that time and work to get them to pay the 3ml!!! Let’s see, That’s what I’m looking for at least, and then price should make its way up, 3p would be a nice start!

will be interesting to see if the MM's have enough shares to give to all the buyers...
if most are in private hands and no one sells... i guess they will need to let it rise to tempt profit takers to part with their holdings

This site has it as Buy 8.1 v sales 4.2 Were are all these shares coming from... if most are holding or even topping up to haverage it down...

Close enough Number6 Another 0.95 and we are there... must be looking like easy money for anyone getting on the train....

Fill your boots... Probably you’re last chance... after the fund raising if they get their act together and bring this into production... which they currently seem to be delaying for some reason I can’t comprehend!

For a moment there, I thought I was on the wrong board! Ukog this, Alba that...we all know that good news for either of the companies involved, will be good for everyone. All I want to know, is when we are making used of the only producing license in place and start selling our oil? Saying that if Ukog test for any longer or get another extension... who needs a producing license, they must be making some money from the sale of all their testing oil. Lol.. I guess we will continue to head south towards the 9p placing.

Thank you Imac for the calculations 🤛BOM

Well said Johnost2003 Could not put it better my self! I was exactly on the same boat, after a long time holding and missing my get out about a year ago, when the price spiked ... I’ve decided to walk away with my last 10k... can see many other stocks were this may give me better odds Good luck to any remaining long term holders as you sure need it, day traders or recent punters are on this for a quick return, some may make some money riding the attempts to save this... Caution is required here!

Absolutely Womo... They may need 20ml, but not another dime from me, they just wiped 3years of my gains in one go. As per the Zim government putting in any cash! Never say never ... but even if they do, wouldn’t be much, I believe they currently taking all the dollars in circulation and issuing bonds, so that no one can take the money out of the country. Just let them issue the next fund raising... for the new company or get the mine working... wages etc...it will wipe any residual funds anyone has left. As such is still a Sell from me, whatever value anyone still have left, will be even less in 3 months time!

I just bailed out with massive losses
I would expect Reopening the mine will take a couple of months at least and some funds surely!
what time scales for any income, will that cover the running costs/ wages, GR Xmas bonus, the loan?
New Company the same and will need funds to cover expenses... can only forcee fund raising in the near future

didn't Zim Gov owed us 20+ml?
, just for their part of the cost to date..
there's a funny smell to all this....
market reaction not good, dropping like a stone, down 21%

This is by no means an excuse for some of the very poor decisions, but That’s what GR has been working with... Unfortunately this is no the only government that struggles to meet their deadlines or promises, no wonder they are in a mess! End the rest of the world have their concerns in investing in the country.

Anyone owning up to the nice purchase! Still very quiet... hopefully the 90k buyers go a sniff of something coming.

I’ve missed the boat with SOLG, sold out too early, missing on the big bucks... Don’t intend to make the same mistake, this could be life changing for me, just need to make sure it’s managed properly. Unless we been lied to so far, either option of taking it all the way to production or we sell it could be very profitable

Yuri1 Re: could Angus be bought out? It could....if shareholders accept the offer and the offer is good. Even, I could be bought out! For £1 any of may shares will be yours or anybody else that would be prepared to pay up££££

Not a scooby...

Do they STOP for long lunches in Zimb...
tick... tock..