Member Info for S740

Interactive Investor too, I'm sure they'll catch up eventually.

I've been in RKH for 7 years now, I completely derisked at 3x my holding is now around 6x. In my view Navitas haven't put a foot wrong. I breathed a sigh of relief when they got involved here.

You're assuming that it isn't North Hemlo or Sunbeam which is under offer. Many on here and Telegram seem certain it will be Kerrs, personally, whilst I certainly don't know, my money is on Sunbeam.

I've never been impressed by Mo since he first got the job, I was very much in the minority, and initially gave him the opportunity to prove me wrong. I now, and have for sometime thought we need a new CEO. Yet another example of an excellent scientist who moves into management, and fails. I now see scientist and geologist CEOs as a red flag.

Elswick is in this position because his broker doesn't trade on TSX, he is therefore in a difficult position if the new shares do not list on AIM, personally I take their assurances at face value and expect them to trade on AIM, hopefully from 24/12, although my broker (II) do trade on TSX. Having a broker who cannot trade on TSX, or indeed any of the other major markets is unusual these days.

I thought SISU was a commercial vehicle manufacturer?

Hello Cyrox, whilst liquidity is a bit better than it was originally, FCM still has a very large proportion of it's shares in very sticky hands. We have Power Metals and James Goozee with very large holdings, we have James Knowles (Chairman), Ayub Bodi (founder and ex-director) and their families holding another significant chunk then there a those, like myself, who have held since or very shortly after IPO generally holding upper six figures or even into seven, I'd guess a dozen or more. Almost all of whom are of course massively underwater. So, unfortunately, there aren't that many left for the rest, although I'm sure that the CLN shares will keep slipping out quietly. In the meantime, the trades remain small, however when it moves, it moves quickly up or down, due to the low volume of free stock.

You do realise that FCM will only become the 100% owner of Kerrs in April 2027, when the earn-in process is complete.

I think you've read the drill intentions entirely wrongly here JP. My take from what James Knowles said, is that I expect drilling this month. We do have precedent for early winter drilling. In some areas, it's easier to access in early winter on frozen ground than it is to get through the mud in spring.

We shall see.

The drop I believe is entirely down to the funding deal and, I feel that the funder started to convert yesterday, we shall find out via an RNS in the next couple of weeks. Those million trades were coming from somewhere.

I couldn't agree more zedy. We raise for a purpose and then the CEO spends it elsewhere, it's no wonder funding has become more difficult over the last 18months or so. At least this time it looks like the drill is imminent, so he won't have time to get distracted.

We don't know, there has long been a supposition that it's Kerrs, simply because it seems to fit least, however in yesterday's Q & A James Knowles stated that the sale has been delayed because the purchaser is mid-deal purchasing a group of blocks, in the vicinity of the block they're buying from FCM. Well Total Metals are in middle of purchasing High Lake and West Hawk Lake off McFarlane Lake Mining, and these properties are right by Sunbeam. So, the bottom line is we don't know, other than it isn't Dead Otter we wouldn't be about to drill if a sale was as far advanced as James says.

"His salary is far too high considering his poor performance."

Is this after the 70% pay cut he and others took earlier this year? Because if so, I really don't think we'd find anybody to take the job on for less.

Monty888 the first thing that has to be made very clear is that hVIVO do not test on animals, only people.

They are not a drug developer, but they do develop an injectable "safe" strain of the virus against which their clients potential drug is to be tested.

They have only once had a potential new drug themselves which was spun out into a new company Poolbeg Pharma plc (POLB).

Unfortunately this is a result of under invested directors, no skin in the game, not their (his) money. Just drawing his over inflated salary.

Could one of those who know him point out that after similar criticism of director salaries, earlier this year the directors at Petro Matad MATD volunteered a 70% pay cut.

There's a poster on the Telegram group saying he made a sizeable buy this morning, so I'd guess that unknown 185,000 is his buy.

What nobody but James Goozee knows, is what was his motivation for his purchase. Is he just taking the opportunity to average down, don't forget he took £1m at about 16p, or is he trying to gain more control. Also let us not forget that the Group 79 administrators are sitting on 41% of FCM, they will have to offload sometime in order to wind up group 79.

If really desperate they could sell the treasury shares back onto the market. It would be at a huge loss to what was paid, but huge losses don't seem to bother DB these days.

It isn't mm forcing it down, it's over 1.5million shares being sold this morning with negligible buys. The question is why are the shares being sold, is it just holders tired with incompetent management, or does somebody know something.

I've just had a small buy go through ii, no problem. It wouldn't give me a quote, but an online manual trade went through in seconds at 1.40p. About 35,000 shares for clarity.

I need to do a lot more research into Sintana before making a decision on what to do, but my initial gut reaction is a disappointing deal from a disappointing suitor.