Member Info for rosso123

6.50p BID
6.01p ASK

Lots of positive talk about progress. Hav is a nailed-on success whose value increases by the day. as the Company's mcap decreases by the day. That 2% drip, drip, drip on the sp. Got to be a strong upturn at some point in the not-too-distant future.
Assays due in from Juri and Scally ...

In the circumstances, this could well turn out to be a commercial discovery. Is there a nearby processing plant?

https://www.hollywoodreporter.com/business/business-news/cineworld-sale-restructuring-process-rent-1235252636/

Another 1.1m snapped up in a flurry of round-figure trades over a 20-minute period. Mr Big sure wants those shares.

Quite the opposite. Buoyed by finance in place, monster asset and strong Management team.

So why the sinking sp? See those frequent 1m+ trades. Buy orders from larger investors being met as mms lower the sp to prise out the pi weaker brethren who see short-term brighter spots elsewhere. Candy from a baby filling the pockets of the canny.

With the FS, DFS, BFS (whatever it's called) Study delayed to Q1, the sp ain't gonna be going nowhere unless something significant occurs outside Havieron. That means an inorganic growth acquisition or some major drilling revelations coming out from Juri or Scally.

My 11 Oct post indicated this was likely. The onshore block awards took 9 months to complete, so year end looks reasonable here

My 11 Oct post indicated this was likely. The onshore block awards took 9 months to complete, so year end looks reasonable here

With a monster 5bn shares in issue, the slight problem we have now is that it needs a £50m increase in mcap to add just a penny to the sp. £1bn = 20p. BFS should at least get us into double figures sp.

Kami Kwasi gone!

138m shares were dished out to Five Diggers and 138m shares were later dished out to Tribeca.
Tribeca this week has disposed of 8.5m of its allocation, despite being described several times as a "cornerstone investor".

As they say. First post didn't show up

Sp is doing well in the circumstances to hold above 8p. Market in chaos presently as a result of an incompetent Govt in denial, attempting to deflect blame away from their own reckless economic strategy. GGP now sound on fundamentals and attractive buy for the medium term whilst sellers all around are losing their heads. Quiet top-ups are the order of the day for those seeking to build a nice nest egg. Strong asset, safe jurisdiction, fully funded.

Sp is actually doing quite well to hold above 8. Most AIM shares are showing red, and quite substantially down over a 3-month period. Present market chaos largely triggered by an incompetent Govt which is trying to deflect blame away from its own reckless economic strategy. On fundamentals GGP is now sound, so an attractive buy for the medium term whilst others are losing their heads and selling up.

Correction. 138m belong to Five Diggers, not Tribeca

Securities Subject to Lock-In 138,981,150

So how did T, the so-called cornersone investor, manage to reduce their holding by 8m?

Restrictions on the sale of placing shares meant they could let go a number to "qualified investors" in UK or EEA. Sounds like they've handed over 8m to associate mates eg maybe from corporate fund management into private hands.

Not a bad thing imo. Lost count of the number of oil drillers who released near-daily positive updates about hydrocarbon seeps/shows on the way to TD. Hype sucks in the pis. Lo and behold, end result is uncommercial. Those itk have already exited on the sp spike.

Cornerstone investors aren't supposed to dump 8m of theirbargain price shares into the market for a quick profit