Member Info for roger65

Ooh Matron. What's going on here then?

Hmmm I hope it doesn't go that high actually or I'll be sorely tempted to take some profit out. My gut tells me there is something major here in the off'ing and we may have to wait a couple of weeks to find out what it is but something is definitely going on and the first hurdle in terms of risk is about to be cleared imho. If it's back out of suspension tomorrow where on earth might it go? as high as 2p? And then following on from that what if an RNS lands telling the market the new Directors have a RTO lined up which does involve something big? They've got form with this kind of activity and know what they're doing and they have the contacts. Squeaky bum time still for now however.

MyIPA you’re getting more and more desperate and I totally understand that but you keep going on about misleading info. From your recent post: ‘ Don't forget - we're fully funded until at least May/August 2026’

That is utter bs and at best spurious. That’s pretty much 3 years from now and GDR’s annual spend is about £5m. So where do we have this £15m lined up ready to go? Other than in your fat head of course. Utter rubbish you’re posting now and it’s getting wilder by the da but it’s not surprising given how everyone is realising how badly Budd has performed as CEO.

Squeaky bum time for sure and I’ve got more in here than I originally planned but on paper at least this looks far less likely to be wound up now and given the stature and credentials of the two new Directors who will be appointed I feel fairly ok that there must be a plan in place that’s worth their while - and the two outgoing Directors - such that they’re comfortable with their names being associated with this current process. If this drops later as I expect it to I’ll be quite tempted to throw another couple of £k on the table.

Anyone know what to expect?

I'm assuming suspension as of 8am and then obvs the court hearing and then hopefully an intraday RNS announcing the withdrawal of the Petition was accepted by the court and we are told the shares are back in play?

Is that The installation you posted a link to in Denmark recently?

This is reaching more sensible levels now given no one has a clue how sales are going anywhere yet. Figures needed and then the market will judge/value CHLL.

Absolutely right Starres. I think this is why it's been delayed twice now and pushed back to December. GDR may well decide they should wait even longer and in the mean time begin collecting the data NICE will require, but of course the stroke test hasn't even been trialled anywhere yet so as far as I understand it's even further off than AIHL was at the same point in the process with NICE.

Then go and throw your toys about elsewhere Davey. Why have a tantrum over something you don’t even want!

Ha! If it was £100mc I’d be issuing a TR1 myself.

After my accidental sell yesterday at .6p I decided to jump straight back in but had to swallow .68 and .73 as my purchase prices. Still made good profit but now have upped my risk considerably so I’m on bended knees hoping nothing goes wrong with the court hearing.

In all honesty I can’te see why the hearing will even go ahead if the original sponsors of the application want to withdraw it. Why waste court time on something that nobody wants! Even if there are creditors that need to be taken care of the two new proposed Directors must know about them and be comfortable in getting involved. These two are very, very serious operators. Only Q for me is have they set up a handful of RTO possibilities and just waiting to see which one looks like their best option. And if that was the case then it’s squeaky bum time until they plump for ITS as their chosen vehicle for their new plan, what ever that might be. GLA

Tymers- article from Bankless Times forecast the sp to drop to 5.83p as the next support level.

Btc dropping back to $25k soon we’ll see this sp there in jiffy

Blimey someone has had enough this afternoon. Lot of selling in one short spell did that damage.

I thought news was due last week. Another delay? Surely not? How surprising.

Another red day! Thought the potential here was meant to be amazing? Market not that interested until sales figures are seen I guess. If there's decent revenue though this will start heading north surely?

Agreed. Given the credentials of the two new Directors who will take this over I'm surprised this isn't well beyond 1p at the moment but I guess the court decision hanging over the situation means few are willing to take such a risk. The second that withdrawal of the Petition is confirmed though I expect this to lift off once more. GLA

Every stock I've held in the last 5 years that goes to OTC trading in the US ends up doing badly. If it's a doubted stock here in the UK then the US market, being far more savvy, will not be fooled into buying.

BOD are starting to chase shadows here and that's a worrying sign. Said for ages the IPOs have done nothing and got mullered for saying it. But they haven't. It's just dispersed what little inherent value there is in the POW stock.

Agreed that they need to discover something rather than constantly shift the furniture to try and see if the market takes a more favourable view when seen from a different angle. It doesn't. The market conditions are of course largely to blame. This is a frighteningly risky sector at the moment and for all PJ's talk of the market turning there is absolutely no sigh of that happening any time soon.

In the short term they should sell MFC to gain some serious wedge which they can then put into a more promising prospect. Tati? Of course they stated they were in discussions with a possible party over MFC, which, if true, would be great, but again the market hasn't bought that line at all. If MFC really did have massive potential and the recent work had at least uncovered some of that potential then those discussions would be progressing quickly. We've heard nothing and so I'm assuming it was just waffle to try and let the air out of the balloon slowly having spent so much on last year's drilling campaigns. they were expensive and produced zero for the company. Not only that, the results damaged credibility in the geological abilities of company individuals. How could they get it so wrong that they found absolutely nothing? Doesn't inspire confidence for them looking anywhere else really does it?!

Sell MFC for what ever they can get for it and at least improve the cash position. Even if they could only get a couple of £m that would be better than their current monthly spend and no imminent prospects with which they could try and generate some sentiment.

I applaud the BoD and absolutely trust them with my money going forward. Looking forward to sitting back and watching my retirement fund grow.

Big Money transactions. roll on 5p.

AHS - oh dear since Friday your retirement pot seems to have shrunk by about 35% from recent highs. I know you're brilliant at finding money for top ups though every time there's a dip or general decline here. Where do you get it all from I wonder? lol. How long until it hits sub .5p again? Now they've done the acquisition they're going to need another raise to try and fund moving the whole shebang forwards now. If there's anything really going on between FCA and GST on their new Pathway route (to nowhere?) then GST will need to have cash to jump quickly when FCA tell them to jump. If there are any opportunities then they will need to have loads of cash ready to go. Another placing soon imo. How much this time and at what discount?

? Wasn't aware a confirmation RNS has to be released with placing shares being placed on the market if a time and date is set out in the original RNS.... Might be wrong but...personally not expecting one. I am however expecting a bit of a drop for a few days until those shares have been snaffled up.

Interesting thing for me here is that BR have bitten into this cherry pie. Unless they're shorting it , which given the level they're in at is unlikely, it means they are thinking long term about btc and what it's going to be worth in 1, 2 3 or 5 years time. If they can own the majority holding in a miner going forwards for peanuts they'll be laughing. Of course I realise they're not interested in ARGO per se, it's more a case of whether or not they're going to try and buy up all the minor mining companies and one or two of the larger ones so they gain a degree of control in this sector. If BR invested anything in ARB then it's for a reason and it won't be to make just a few quid. It will be part of a major plan.

HH - hardly anyone bought shares on Friday. There was only a few hundred pounds worth bought so unless a delayed publication arrives today then i don't think you're right.

Not quite sure when the opportunity for the new Directors to buy in will occur now there has already been a big spike.

Assuming the petition is withdrawn and these new Directors confirm their appointment, what is the company limit for handing out shares to Directors? I'm almost certain tomorrow the winding up will be refused but what happens there after is anyone's guess. There might be pause for breath for a few days before the plan is revealed to the market but....I am almost certain there IS a plan and that it will be beneficial for the new Directors and existing share holders. I'm sitting on the sidelines waiting for a lull in the sp to buy back in but it's not looking like it will dip under .6p again to buy any time soon.