Member Info for quindell

I still think we will be back in the 0.4's next week at least. Let's see what happens

There is no placing the current SP is cheap and as stated they are already looking at other drilling opportunities. Remember these drills are CHEAP to do and if they are successful then it could be a real money spinner for the company.

Yep that's very true, overall the margins are good. I'm still very bullish on the future of the gold and platinum price so I'm not overly worried, but a higher platinum price would help morale :-)

Next stop, then consolidation and rinse and repeat

0.32 to sell and 0.3225 to buy! Can't get any closer then that I must say

Is $900 platinum, although we can all agree that platinum is traditionally very volatile and nearly always bounces back off $900 to the close to $1000. It was over $1000 a matter of weeks ago!

Any news on new drilling or an acquisition will take this right back up. At present its valued at a little above cash!

Spread!

By christmas

Looks like someone took 7.5m in 2 tranches - 6m at 0.3372 and 1.5m at 0.3375. They got a great deal I must say

At a very very good price I must say, 0.3372!

Indeed its cheap for us to drill and test, so even if we hit one prospective patch that will be big for the company, especially with nothing priced in at present

To buy now finally

Sitting here ready to buy..... iii limit order not being filled and iwebs not letting me set a limit order?! All point to limited stock in the hands of the MM's!

To buy any volume.... we are due a strong re rate imminently

At 0.32.... its 0.34 to buy any volume

We have the cash, we have the tenements so on this basis we are undervalued. I do agree that the Bod need to cut their salaries to the bare minimum, but I am aware that they took a pay cut after San Jose which will only really show up in the end of year accounts for 2017 - his salary is nothing like it was thats for sure!

Yep I did say it could do a JOG-esque type rise next week! For morale 0.4's would be a great first step and then we can work from there. Now that we know that time and money wont be spent on the lithium (in the 3 drilling area) some may question if today's drop is really justified if the lithium was not priced in, in the first place?! £1.4m MCAP looks awfully cheap for a company with such tight liquidity

There was a £600k placing after 30th June so we have over £1m cash at present and that is done on a very prudent basis accounting for 3 months of cash burn with drilling and associated costs (minimal). I must admit its a bit of a gamble at present, in relying on positive future news flow and the tight liquidity to help this to get moving north.

Well we have over �1m cash at present - the only thing that could screw us is a placing at these levels, otherwise by next week we should be into the low 0.4's imo. Low liquidity and low price means this does has legs as we all know! Could be another jog-esque type rise after bad news