Member Info for Reprobus

Unfortunately MagAnus, you’re the reason why my average is so high. I was in a good % of profit until I took your advice to buy more, where really I should have sold.

But hey, you live and you learn

Although I’m really not happy with this company, there is potential to multibag and fairly quickly too.
This has been shown time and time again, last week being the most recent before the announcement of more shares in the market.
Unfortunately I’m locked in at an average of 0.02p so not much chance of a bag for me, but I’m confident I’ll get my investment back if I just be patient

GLA

It will be held @ 9:15am next Tuesday
(GMT doesn’t account for daylight savings)

GLA

Thanks for your replies guys & girls, very informative.

ATG,
Your summary is the info I was looking for.
21.3b have been issued and an additional 2b could potentially reach the market this year.

I’m a little confused now tho as ItsaGame has kindly brought my attention to the RNS released in March saying up to 31b shares can be issued?

It’s all looking a bit messy, but if there’s one thing that is for certain EHGOS are certainly not out and probably won’t be for a while yet

Sept 11th RNS:

“Rockfire Resources plc (LON: ROCK), the gold and base metal-focused resource company, announces that it has posted to shareholders a notice convening a general meeting of the Company (the "General Meeting") to be held at 9.15 a.m. BST at Unit 302, 1 Sylvan Avenue, Balgowlah NSW, 2093, Australia on 29 September 2020. The General Meeting has been convened for shareholders to consider proposed amendments to the Company's articles of association and to renew the authorities to allow the directors to issue ordinary shares for cash on a non-pre-emptive basis.“

With BST (British summer time) being an hour ahead of GMT, I think it’ll be held @ 8:15am in the UK

Can anybody explain the actual numbers tho?

I could do with some hard facts and figures to get a real understanding of the situation

Hopefully so, I think we could all do with a nice boost.

Bankrupt said yesterday we could possibly receive them this Friday or next Monday just before the general meeting next Tuesday (29th Sept)

GLA

So I read a comment on here yesterday explaining that the company are still able to release another 4b shares into the market once the 5b announced last week has been cleared.

Is this true? If so, can somebody explain why they’re capped to 23b in one financial year and the maths behind it.

I think it’s crucial that people are aware of this information as many people (including myself) have been robbed of our hard earned cash by those slimy leeches at Icon

I took your advice to top up last week and then the SP dropped by 50%

Oh I see! Thank you for clearing that up for me, I will check out the RNS’s and update my notes.

Hopefully not too long to wait then :)

GLA

They don’t call him Big Bad Vlad for nothing.
What a baller

It must be said, a few weeks back we were moaning about the lack of PR and social media coverage from Great Western.
Since the stint where the fake Twitter account come to light, the real GWMO have really stepped up there game, and we’ve noticed positive changes in the SP every time they post.

So well done Great Western and thanks for listening to your shareholders.

GLA

Thanks for your response Banksy.
My bad, this is my first year holding shares so still learning the correct terminology.

The underwhelming results I was referring to was the phase one drill results, when we seen a big drop in the SP.
From what I recall, the additional 5 samples went to the lab shortly after Phase 1, so I’m assuming we are to expect the results from them sometime soon?

A large buy at around the 1p mark would be a nice confidence boost, hopefully this materialises.

Could we receive them on Sept 29th during the AGM?
Either way ROCK need to pull something out of their a55 as the last results which were released Sept 9th were very underwhelming

It would be the perfect time for Big Bad Vlad and the boys to drop a world changing RNS!

What could this possibly mean? Hah

The shares from today’s RNS won’t hit the market until Friday. Do we think we’ll hover around this area (sub 0.4p) until they are cleared?

Thanks for clearing that up Trig

I’m a little confused by today’s RNS. Do they have another 4.7b shares to release into the market?
Or have they already sold the 4.7b shares?

Thanks

So guys, currently 17.5b shares in circulation.
As of Sept 25th EHGOS will be able to dump another 5b into the market at a cost (to them) of 0.007p per share.

Do we have a rough idea on how long these shares could take to clear? As I would have thought there will be far less volume after the most recent RNS.

As I’m sure is the case with a lot of others on this board, I unfortunately didn’t have the chance to cut my profits before the SP dropped on Friday and in turn my fingers are somewhat burned.

So I’ve revised my strategy over the weekend. I think the best thing (for myself) to do is average down once these new shares have been released, wait for them to clear, then eventually top slice when the SP recovers.

As always, DYOR
Any input would be appreciated, GLA