Member Info for Playboy007

30p by the end of the week.

Any ideas how long current cash could last? Will it be debt or equity this time?

Anyone got any thoughts on dilution coming? Surely if they aren't spending much now they won't need to raise much, so dilution will be minimal.

Anyone on this board? Any ideas what they will use the new funds for?

I've seen people vote 'no' before in similar situations. The projects went into administration and shareholders got nothing. Even though assets were valued at many multiples of net debt. I haven't owned this for a long time, so it doesn't matter to me at all. I'd advise you to hold your noses and vote 'yes' to the take over deal. It is a whole lot better than nothing. Just find another project to put your money in and you may yet recover those losses. Next time don't bet the farm on one horse. GLA.

That all sounds lovely. No chance. Dan hasn't alluded to anything of the sort. He is saying balance sheet strength, buffer, debt free and exploration expenditure. You'll see more 1p options before a divi. I'd buy more if I thought otherwise.

I wouldn't put money on a divi this year.

Well they didn't have to buy more. So even if it isn't much money to them it's still nice to see.

Shanta has the same MCap as Hum now. Ridiculous.

He does want to increase it. They haven't paid for the UG studies and the Geo doing the modelling is crap.

Endeavour looks unlikely to me as their balance sheet is already stretched.

Unfortunately, Aberdeen have around 16 million left they could sell.

With all this buying and little movement, my guess is Aberdeen are still selling down. Shame.

Only surpassed in value by yourself vanvan.

M&A speculation.

Just noticed he is on the books at Lea Gold. Are we still paying him too?

Next logical step is lowest cost ounces, should be Gonka. Who knows what the cost of trucking Cora's stuff is. Definitely not priority.

I am not sure the millions wasted on out of court settlement and on Bunker Hill were out of their hands. Going forward we need to see cash being generated and then equally important is Dan Betts actually returning to share holders, not using it all in scams. If he can manage to do both those things without diluting us long suffering bag holders to oblivion with 1p options, then just maybe this will turn out OK. Easy to see why we haven't "related". Dan Betts needs to go, inept or a scammer.

Looks correct to me. The real question now is, after a great H2 according to Dan Betts, how much money are they actually making? Hoping results confirm that this will be generating about £50m a year in profit for the next 5 years.

Nice to have the clarity, but very underwhelming. Still, based on only 5 years this is cheap. Murray Patterson needs replacing...