Member Info for quindell

Is very very tight...... 0.8925 to buy and 0.8815 to sell, you can't get closer then that now can you!

On the flip side at least the shares aren't going to quick flip brokers who destroy the share price further past dilution. I think primary bid is the lesser of 2 evils.

No it was not in the accounts as the placing shares were admitted to trading on 5th January, hence the reason why I'm pretty darn happy as the cash position is a lot better then expected, that coupled with profitability means no dilution :-) Happy days. That means we essentially had $1.8million cash in the kitty at the beginning of the year.

That was a great read :-) Confirmed profitability on or before end of July, which is great to hear in June! I have summarised the key points below; Costs more then halved as ramp up continues from US$2.00 per carat in Q1 2016 to approximately US$0.78 per carat during Q4 2016. Grade increased from 12.2 c/t to 15.4 c/t during the same period. Updated Measured and Inferred Mineral Resource of 115.5 million carats of sapphire and corundum, further extending LOM. Modifications made to primary jigs, scrubber systems and feed bin to improve processing efficiencies and their ability to treat different gravel compositions Beneficiation agreement with Anthony Brooke and Gem Dreams Co., Ltd ("Gem Dreams") makes RLD one of the few wholesale suppliers of sapphires that can deliver products for immediate cutting or, indeed, setting. The Continuing Operations had a net cash position of US$0.6 million as at the year end ($326,000 unrestricted cash and $274,000 restricted ) $1.2 million added post period end (through equity placing) our current cash position is very strong ($1.8 million at beginning of 2017) Directors converted US$260,625 of unpaid fees into shares at 3.4p, $117,085 at 1.74p and $30,250 at 1.74p post period end (April 2017) The planned final-stage ramp-up of production to 1.2 million carats per quarter is currently progressing ahead of schedule and the beneficiation strategy detailed on 30 November 2016 continues to be developed. The Company remains on track to achieve operational profitably on or before the end of July 2017 as announced on 13 December 2016.

They have around £300k cash now and the market value of the shares in VG is worth around £800k.... however this wouldn't be the net realisable value of course, but note the price of VG has almost tripled since the acquisition. VG require equity to get it moving so I strongly believe its price won't hold, may it be wise for SMA to begin to offload some shares to preserve the current cash position?

Was right! This has been overvalued for quite some time, blind faith can be punishing

Yep you're quite right there, 0.1 would be a more representative SP and some may even say that is pushing it!

Trades are never as they seem, always take them with a pinch of salt. Worked sells over past few days could pop up to try and disrupt the proceedings, big sells could be made to look like buys in this way.

Is getting very close :-) 0.94 to buy a maximum of 350,000, but I can sell up to a million for 0.9111. Looks to be an imbalance on supply and demand from the MM's, not long now before we begin the strong upward trajectory.

Wonderful poem I must say!

Bloody annoyed I didnt buy at 1.2 GRRRRRR

This one spikes every so often!

Looks to be delayed..... 26th May the scheme booklet has been registered with ASIC as apposed to the 24th April as specified in the scheme timetable.

Ask Cyril how Theodore & Erwin are doing.

Can only buy a max of 250,000 at 0.94 but can sell up to 500,000 at 0.8825. Something has to give sooner or later, with a resource estimate due this quarter for license EMP 25973 we can add to our already massive resource to give longevity to the project. Good times ahead :-)

Investors wait the more they will loose.... Thats almost 20% lost since the pallinghurst announcement! RLD is waiting for all the coloured gem lovers, £3.8m MCAP, Profitability this month, several million carats of inventory, whats not to love!

Across 2 tranches.... That isn't mere punt money now is it!

This turd doing the mini spike it does every so often!

To buy just to clarify

Very sad to hear the outcome of this saga. In all honesty I can't blame anyone for being sucked into PM's whole act, his positivity can be verified through the numerous interviews that are the only real verifiable basis for litigation, other then personal emails received etc. People may want to look into spread betting on PM's part or his associates, Spreadex had some unusual activity here in the months prior to suspension. All the best for the future, experiences like this push more investors to the main market but you don't get the risk/reward aspect that many AIM shares present.