Member Info for seaside53

In a nutshell its saying if we want to introduce liquid into the business to ensure its long term survival we need to adapt and become more flexible and that means shifting. Positives are an increased cash position, and the negative I suppose/guess is, certain II's may not be able to invest due to risk/reward profile.

I seem to recall that making decisions to realise value from the current asset base was more restrictive with the existing Premium listing arrangement - relative to ones Market Cap.

I do hope so - time to walk the walk here......

Excellent stuff !

Nice story NigWit - I dont know if you've seen the short film on YouTube called Lancaster.....gives an snapshot of life on the Lancaster.

Massive sign Jaf. Schoolboy error really. As i was playing with proceeds from elsewhere I was complacent.

We march on.

Respect GS and good luck. A whole life ahead.

Am i surprised, no not really I always had it down as 50/50. I should have listened to my gut last evening when the wages came up short again - for a second time. Also the loan note holder collected earlier in the week.

I was playing with Flyb profits here, so thats my only consolation.

Sorry for those LTH's and others.

3.57% Aiden Feeney fancies it then.........

Holdings over 3% as at 11/10/18

Kevin van Wouw* 115,517,689 38.73%
Hadron Capital LLP 22,839,456 7.66%
IMF Independent Fund Management AG 13,718,803 4.60%

I do'nt expect to see an RNS this week. The last week of November was allocated to relining work. If they are trying to report in a positive manner, I'd expect to see a couple of weeks consistent production to settle nerves and edge nearer to nameplate

Make no mistake this is a complete carve up which offers some potential upside. I expect confirmation of parts installed, relining work completed and 'encouraging signs'. Figures will be skewed due to downtime to undertake the aforementioned tasks.

I've raised it before but I will speculate - Dividend in one hand and dilution for JSE listing in the other. Unless a significant number have already been put aside in Treasury or are expected to be bought back.

The trade off;

Any divi. announcement could/should inject support to the SP. A move to the AIM50/100 will only compound that

Quote: "With the crushing and wet sections of the processing plant now fully operational, and the major bottlenecks having been addressed and removed, management are confident of maintaining stabilised operations over the remainder of the quarter and recommencing production ramp-up.

A planned mill reline, scheduled for the last week of November 2018, is expected to see mill throughput increase to its nameplate capacity of 155 tonnes per hour.

The RNS seemed to indicate December which is nice

Preparatory work for the completion of battery commissioning for the Eskom vanadium redox flow battery ("VRFB") project recommenced at site and is expected to complete in December 2018;

"

This is heads or tails - Converting on 5 December 'on or around '

These either get swallowed by the market as a result of good news next week or down it goes

@Sundayroast - Looks like I sliced and flipped out of there (FlyB) into here just in time today.

Just jumped in here - if they can get the equipment sorted, game on. If not its night, night.

GLA particularly the LTH's

Did you really just make an assessment on somebodies ability to invest by there post ticker.....bring back Scully, now he could invest!

Hope so. A few on here will be very happy bunnies at the moment. Looking at you Opulenta :-) well done!

11.95 avg....hanging in tere