Member Info for Sausageonstick

...30% or more, then I'll expect a Monday 7am RNS.

I'm tempted to top up at 0.02p. Then I remember Rufus on the gravy train and the fact he just won't give us output figures. Why invest when Rufus can't even do his bit to get the share price up!!! But never say never ;-)

...the mm are responding to the forward selling of the placement shares, just a matter of time before the RNS is out. By the looks of the 20% fall today, I'd say early next week.

A million shares for £200 next week????

....expecting a 3.25pm Friday placing RNS, and don't say that will never happen!!!!

How much is it worth? Nothing unless they can get it out the ground and process it in sufficient quantities!!!!

It's disgusting that Rufus can't even tell us the amount processed for January. Good or bad the market needs the figures Rufus, be a big boy and just tell us. The share price can't get any worse before it disappears up its own ar5e!!!

Surely this has to consolidate soon?

Why?

Placement week?

I think the 60% spread is getting the market ready for it.

0.02p at some point for me

That's the trouble, were seen as way down the food chain whereas we should be way higher!!!

....be available, but for some reason Rufus won't release it.

Northern coal field
Output figures, good or bad
24 hour production, has it started?

But it's the jam tomorrow nature of Rufus RNSs

.

"As stated on 17 December 2018 the land compensation process and required regulatory documents for the northern mining area were completed and submitted by the Company to the relevant Tanzanian Government authorities. The Company is pleased to confirm that the relevant government authorities have now provided their approval and land compensation payments are being made, together with detailed delineation of the northern mining area being undertaken. The Company anticipates that mining of the new northern area will commence shortly and will provide further updates regarding progress as soon as practicable."

14th January and still no update, shocking Rufus, simply shocking.

Holy smoke, 60% spread. They sure don't want to make a market.

I wonder if the northern coalfield has been opened up? Would be a good RNS to release Tim and Rufus.

My opinion is that Rufus had truly been backed into a corner, the failed oo (raising around 10% of the wanted amount) means he had to cap in hand to investors. Who would put their money in here at these levels knowing consolidation is inevitable. There a real possibility of another 20:1 consolidation, and true, it may need to happen before the placement. Along with the fact Rufus now has permission to issue 2.5 BN shares we could be back to these prices pretty soon after consolidation.

I've said it for a long time now, my opinion is he's the wrong man for job, but he's on a gravy train so why would he step off.
Investors biggest mistake was letting BoD off the hook ovev EGM.

Either consolidation or a placing or both within the next two weeks.

True, week after next then.

Oh Rufus, no more jam tomorrow lad, just get on and deliver the output figures for the end of 2018!!!!

I see lots of the potential placement shared being forward sold this week.
Gonna be interesting to see the price come Friday.

0.5p would be feckin amazing!!

Absolutely nothing to stop him!!!

....until the threat of a discounted placement goes away, and that will occur when a placement happens. They only raised about 10% from the oo that they wanted to, and told us they would go seek funds if oo didn't happen.

My opinion is that is what Rufus is spending his time doing at the moment, let us see if anyone wants to invest in a sub-decimal penny share who has just had it's tender thrown out.