Member Info for Sausageonstick

...phantom deleter / reporter of posts has been scared off!!!!

For every one of my posts you object to, and get deleted, I'll post another two saying it as I see it.

So if the £200,000 is in shares, where would the money come from for his salary, expense claims, etc etc? If that answer is from Edenville, how are the £200,000 in shares actually used to fund his new empire? Or does the £200,000 end up in Rufus back pocket some how?

.....Greenwolf in finding that subsidiary company ready to go as it the vote is a done deal. Let's remember Neil Kinnock, Labour Party and ' things can only get better's celebrations.

Is this Rufus's escape plan?

Have the negative sentiment post been removed yet?? Still think it is someone sat watching their screen as the messages appear trying to get them deleted as quick as possible.

..and a 33% spread.

Seems like getting any negative posts deleted hasn't stopped the word from getting out there.

My opinion remains, these shares will be a lot cheaper by the end of February due to a placement. If this post is deleted I'm pretty sure it's done because of the negative sentiment to Edenville. I wonder who wants to limit the negative public reaction to Edenvilles oo?

There's your answers as to the £200k, to send Rufus off around Africa paying his salary while he looks for his next 10 year / $$ million project.

I have a fair idea who is reporting these posts and getting them deleted as quick as they appear.

I wonder who that could be?
Is it someone who sits with this board on their screen watching as the messages get posted?

....is objecting to a lot of messages in the run up to the oo?

Time is running out if the BoD want to find a way to get the price above 0.12p.

I'm still thinking they will release January to mid February output figures, either before or in the week after the oo closes.

If a mates rates discounted placement goes ahead to Lund, then expect a plethora of news to help the share price up and Lund out the door with profit.

I'd think of averaging down once the price hits 0.05p

I can only see a consolidation happening, my opinion is within the next 6 months

.....the placement after the oo isn't fully taken up.
Watch the share price drop to sub 0.1p, the placement price, average down, wait for tender news which I expect to be positive and get out as soon as I can.

It's a no from me.

I'm hoping the oo is a flop, they do a placement, the price drops to 0.06p or there about a, I get more shares for my money and then the tender news comes out and this flies. But in terms of putting money in at 0.12p, it a no

They have news, like year end output, but it's whether they dare release it while oo remains open. Would it look too much like manipulation?

...to get the price up before the offer closes. Maybe tomorrow we'll find out the year end output figures, which are not being disclosed for some reason.

Steak mate, you've got the nail on the head. Can't argue with that. £10,000 in from Rufus compared to how much he's taken out shows me his commitment to Edenville. It's a no from me.

Is on this board if you look far enough back in aerials postings

I think the open offer is just less than 30%, and Rufus / Jeff are supposed to be buying some. So even if no one goes for the open offer, Lund can buy what's left safely as it's less than 30%. My opinion is that's the only reason Jeff and Rufus are buying in, to have the figure below 30% if Lund buy any unsuccessful open offer they won't have to make a formal offer

Silly sausage, but a valid question

...0.013p, surely the next step is consolidation?

...other than the fact that the money goes to Edenville, (while the punter pays over the top), could someone give me some reasons to take up this open offer? I just can't see any reason to take it up, if I don't give Edenville money, they will place s load of shares with someone, likely to be Lund at a discount. This will bring the share price down to the placing price and then I can buy more shares with the same amount of money.

Rufus is on a win win, he either gets the money from us or from 'someone' via a placing. I'd rather keep my money and buy once the placing is done at, say, 0.06p.

Like I say, I think Edenville will succeed but because Tanzania want it, rather than our resident geologist abilities. Remember, his job was to get output up, and still we wait for year end output. If I average down after the placement, then wait for a positive Tender result I could be clear of Edenville before the Summer is out. I'm hopeful that Edenville's side project of looking for other opportunities in Africa will result in Rufus being clear of Edenville a lot quicker!!!

I have to agree, I can't figure it out either. Loan facility being voted on, but open offer made. Is this an attempt to ease current shareholders anxiety, by finding a way for Rufus to chuck a token £10,000 in. For years they've chatted to potential customers and Jeff has emailed me and stated

"On buying shares on open market we are governed by AIM Rules and insider information. As mentioned in the announcement, we are in the middle of various negotiations. Imagine the problems if we buy shares and shortly after that announce contract, production rate etc etc."

So now Jeff is buying some shares does that mean there's no contract negotiations taking place and no production rates going to be announced?