Member Info for quindell

The company looks decent but with the price trading at 4.5p prior to the last placing (done at 2.5p) that is a big discount, although the price was brought down by the forward selling in the week prior to the £1.8m placing from 5p to make the discount look less then the 50% discount that it was in reality when the placing was being arranged (as apposed to the 30% + discount as stated in the RNS). I have this on my watch list but not looking to bite at present.

The biggest problem is this part of the RNS; 'Further funding will therefore be required during the fourth quarter of 2017 to allow the Company to meet its commitments and to fully implement its strategy beyond this period. The Board anticipates that these further funds will be raised, most likely by way of equity'

I am a realist and had quite a large number of shares here, I divested because of the new contract and after speaking to the CEO on several occasions he always maintained that they would only raise funds for a new contract, now considering how weak the SP is at present with the cornerstone investor divesting, and the SP not moving on block buys i was unsettled. Mirada have a great product in Iris I have to say, they have access to cheap debt but its worrying watching the MM's and how I was able to get a quote for 1m shares at 1.05 at 1 stage! I still have this on my watch list and love the future prospects, I will be re-entering at some stage even if its at a higher SP but for me the uncertainty is not for me, especially considering im facing a wipeout on an AIM listed company that recently delisted - which has honestly affected my risk appetite these days.

I would get in touch with TW ASAP as they are mounting a very good case at present

End to the day, i'm still expecting some delays to pop up - my tally for today including Nex is around 9.5m sells and 12.5m buys, we are slowly creeping up the point where the company fully expect the warrants to be triggered at 2p giving the company just under £700,000 cash to play with :-)

Some large delayed buys to pop up ;-)

1000% no placing in the short/medium term I can guarantee! These warrants at 2p will be exercised in the next few weeks for sure, operations will be cash generative and profitable from the get go and then it will be full steam ahead! The block 500k buyer and 1m buyer should be telling of the future direction of the company ;-)

$1000 platinum and $1300 gold gives us good profits, but $1200 platinum and $1500 platinum will give us fantastic profits per plant. The guys running the show aren't like other AIM crooks, they take their salaries in shares, are on minimal salaries and actually care about shareholder value.

Yes exactly, i'm expecting a few more 500k delayed buys pop up no doubt...This is THE play of AIM right now if you ask me, low liquidity, considerable interest and short term catalysts for further growth!

Yes indeed, these block buyers have been relentless, I will not sell a single share until we hit my 4p FIRST target and we will get there i have no doubt

Are scrambling!

Welcome aboard the BZT train; a well run company with a team that have a proven track record of delivering value and took Aquarius platinum up several thousand percent at 1 stage! This will be a profitable, cash generative outfit with very low corporate overheads backed up by a huge copper/gold Porphory deposit in the Philippines... this is no 1 trick pony and having an asset on the books that was close to being sold for $70m a few years ago really does justify a significantly higher valuation, especially when Lepanto Mining in the Philippines have begun operations on their Mankayan copper/gold project. We have great margins with the platinum/gold play and with both metals looking to spike (with the threat of North Korea) we will hit 4p by the end of September as previously predicted :-) There is no liquidity here and the block 500k buyer has been relying on generous sellers to fill their orders!

Delayed 500k trade at 11.22 was actually a buy ;-)

Just went through.... i'm telling you guys that this is NOT punt money coming in here, these are big big buys taking up any and all liquidity in the market

Is taking up all of the liquidity, as they say follow the money! 2m buys in 500k tranches so far today

There have been big buys recently which have been relentless, that isn't punt money either!

2 x 500k buys yet again, looks to be someone taking out a lot of the liquidity ;-)

The RNS was at 8 on the dot which is why, the company expect to surpass the 2.5p mark and get those 2p warrants exercised ;-)

Yep, we should have regular news flow which will see our SP continue to grow

For me this most recent RNS summed it up, I hope they don't do a PROX on us! The CEO is a great guy but we don't have the cash to execute these type of deals anymore, we need to cut our cost base urgently before its too late!