Member Info for quindell

Good things come to those who wait

Spiking after being classified as a 'dog' less then a month ago does give me hope it must be said!

Put any nickname you choose

Richard I am honestly saddened you have decided to divest, but can understand your rationale. I would really love a talk if you are available www. chatstep . com/home/room/rld Would be good to catch up! I will be there waiting

With tight liquidity it has very strong movements both up and down! Last week showed the potential with the 0.21 - 0.28 rise, that was simply under buying pressure. We need that 1 spark

In all honesty I’m going to be frank with you - I’m waiting on news on anything, be it another option for a prospective lithium play or a simple market update! We have had no news flow for the longest time in the companies history. To put things into perspective we were trading at 0.55-0.6 and were doing well, we did a very cheap shallow Auger Drill for lithium but the grades weren’t high enough. On the back of that the price dropped to 0.3-0.33p, which was not justified as this was a very cheap drill, now with the lack of news flow it has drifted down to recrord lows of 0.21p. So fundamentally 0.3 had good support but the news flow has not been there which is why the price is what is it. I personally don’t like Jim Williams but he has taken a big pay cut (not big enough though) but should take all his salary in shares to show faith. We have a good cash balance so there is no need to raise cash, it’s now a gamble on news flow and considering 2 and a half months have passed since the last RNS it would be reasonable to assume one is due imminently.

Its trading below cash and its a recovery stock so.... TYM was in the same boat previously.... I was buying at 0.5 there!

With momentum it could be the bounce of all bounces lol!

At present it must be said!!!

The problem with tight liquidity is it moves up and down on minimal volume.... did you see how it jumped up from 0.21 to 0.28 last week with a few buys! Cash exceeds MCAP so any sellers are simply getting bored or are unsettled by the lack of news flow. AIM is not for the faint hearted! I was buying TYM at 0.5p when everyone had written it off, what i'm just trying to say is its worth buying a stock when its unloved.

Could be a very good move - I only wish I started buying now!!!! Nobody expected almost 2 and a half months of no news flow.... that has never happened here before. Come on get the news out and let this go because this drop on no news and boredom has not been nice!

We have more then the MCAP in cash it must be remembered ....

That could very well be true I can’t deny it - I thought the same thing at TYM back in October, we had very little cash had no updates and were drifting at record low prices, then 1 RNS and it 5 bagged overnight! Yes I was obviously invested there as well ;-)

His TR-1 mentions Dubai, also just a quick note its a dream for people buying in at this price, its been very very hard to buy anything on the open market as it has always been very tightly held. I just wished I bought after this damn announcement ..... FFS

I read up on Salonica being Dubai based - considering that it makes sense to me that Mr Arshad has/had something to do with Salonica maybe? It would make sense as well because he didn't buy that many on the open market all of a sudden!! Someone correct me if im wrong but this looks to be the most logical to me, its interesting he kept buying on he open market as well.

There have been 8m sells and 3.5m buys so far today so hopefully that seller clears soon!

Absolute madness..... is this news flow drought strategic maybe? Trading at sub cash and should news drop we will bounce back strongly. Watch this space!

Hi those were Bed & ISa's imo or rollovers - they had no impact on the share price or the buy/sell prices

You lucky git!!! I bloody bought tonnes at 0.64 recently and thought that was cheap.... at least they are now looking to make Richland a portfolio company at last with all the gold Aussie plays doing great

We have 0 placing risk because we have good cash reserves, have huge cut and polished sapphires we can sell and very low costs to close mine as all contract workers/daily hired vehicles (if not owned). I'm very bullish