Member Info for Runner

I believe that if you do not sell then you will own shares in a private company owned predominantly by Redbird and lead and managed by people who you should be wary of based on recent premeditated shafting. Of course birds of a feather flock together and no doubt shady people are drawn like a magnet to other shady people. Hence the buys? Such is life I guess.

Agreed and will keep a few hundred.

I'm 30% out, my 20K at 13.15. Hold the rest for the 6p. Even hedging that now - I don't trust any of this anymore. See you all on NRRP lolol JP

I think that if you expect your broker to be asleep at the wheel and not execute your acceptance of the 6p you might be stuck with shares in a diluted private company.

Yep, Iost 13,000stg today on BAO - 62% loss over 3 years Nursing my wounds this morning. Thinking of how to tell the missus when I get home this evening.

Help - does this mean they will write to each individual shareholder asking us if we want to accept the offer? Will I hear though my broker (my bank in this case)? Sorry to hear that others have lost even more than me.

A flurry of activity today. News on the way perhaps? JP

Yes fantastic - that has been a glass ceiling for quite a while! CTY still my favourite stock.

RNS, presentation; For ease http://www.baobabresources.com/files/Baobab201502Indaba.pdf

http://www.lse.co.uk/ShareNews.asp?shareprice=PDL&code=fwxah8cf&headline=BUZZPetra_Diamonds_Rises_on_Bank_of_America_Merrill_Lynch_upgrade

what's up?

Thailand is a kind of soft unspoken colony of China isn't it? Of course Thailand will not re-pay China, Thailand will owe China .. the hole gets deeper. "Some of the money for the project will come from China. China, Japan and South Korea have all said they want to work on the rail development program. But it was China that finally signed an agreement of understanding with Thailand, and will finance the new tracks. Thailand will operate the network and then will repay China."

Now oil heading back over $60, and hopefully higher, we should see confidence coming back into frontier countries - many with a good chunk of income from selling oil.

Submission for the approval of Mining License was made in April 2014. Surely it will come very very soon.

Good job. I'm up about 20% but over 4 years plus the dividends on top. NII - missed the boat there.

Divi 2p a share is a good start to rewarding investors with some income. Dioesn't seem to ahve helped the SP though. My expectation - it will bottom out soon. Maybe 130-140p.

Sales up 16% but includied in the $214.8 million is $38.7% million exceptional stones. Seeing they could be considered "luck" to some extent, take the 214 down by 38 and you get your 16%+. Need to continue to find and sell exceptional stones for like-for-like figures?

This is protection Tom; Robust financial position as at 31 December 2014 with net debt reduced to US$45.8 million (31 December 2013: US$108.8 million), cash at bank of US$129.6 million and debt facilities undrawn and available to the Group of US$66.9 million.

I was hoping for a 7.00am RNS but alas, not.

RNS Commenting today, Ben James, Baobab's Managing Director, said: "With the technical merits of the project well-established in the PFS and subsequent DFS test work, Baobab's management team has been focused on investigating opportunities to reduce the initial capital expenditure required. By adopting Chinese procurement, a more technically and commercially favourable path to production may now be pursued. A process guarantee on the selected flow sheet will not only deliver enhanced project economics through improved capital efficiencies, but will also, by way of accessing associated financial institutions, significantly reduce the timeframe to financial close and subsequent project execution. 'The Company is also pleased to have the on-going support of IFC, an ideal development partner for a project of this scale in Africa."