Member Info for Seingred

So, they are still negotiating? Mm . So need to finish negotiating then definitive then draw up paperwork and then submit to relevant authorities anc the. Have it all rubber stamped. Doesn’t sound imminent to me. Brats initial timescale as I expected were and still is somewhat optimistic. Deal is coming but timescale will be beyond Wimbledon imv . My read is that extending into June just means not ready yet . Could well extend into July also. What are they still negotiating after all this time??

Concur e l. Options have been annual on top of wages. Laughably termed an incentive scheme . Last weeks freebie share reward is a new one on me considering he is also going to get percentage of sale above 40 p . Yeah not £1 -1.50 any more . Some of the options have strike price in the 40s so dubious if they will get exercised so reckon around 220 - 225 m shares including warrants at point of sale.

Nicaragua milling held 10% 4 years ago, nobody seeing them sell out as worrying just before a sale??

Imp, regarding climate . Of course you have the rainy season which will be a factor even with donkeys.

Johnstoneo, delays are to be expected in these kind of situations tbh I never give too much credence to timelines for these small explorers. The issue is that time means money and when you have experienced a massively discounted raise, another isn’t too desirable. $500 k doesn’t buy much time or exploration. The market however will be less generous than some of the Johnny come lightly posters.

Wouldn’t want to be fully exposed .

Art, pretty much concur, hard to exactly predict time but mention of permits was first thing that caught my eye. Not on the radar of the hypemonkeys lol. Beurocrach tends to move slowly in most places but particularly Latin America.

There are a lot of possible things to delay. How do you book drilling ? According to Brad we were going to be drilling this month with 3 day turnover for results(believe that one when I see it)

Think there will be ops to buy sub 4 p in the near future.

Posts stating would not be seeing sub 5 p looking a bit silly now.

Good luck peeps .

Simms, of course failure is being rewarded. This is aim mate!

Only 5,800 warrants at 35 p outstanding by the website.

Fully diluted basis . Includes warrants too. Obviously if the offer is less than the strike price it is null. . That’s in a takeover situation. In an asset sale circs May be different. 10.5% outstanding options Makes 225m shares . Over 220 m total plus any warrants . Good week for mr lighthouse. And still percentage of sale to come.

J fn Christ this bb is a sad place . 5 years of bonkers optimism now daily heil politics and conspiracy theories.

Madman, trump was prosecuted for false accounting for payments made not lying about where his little friend had been! Don’t recall Clinton being responsible for an all out coup attack on the capital. Your conspiracy views are as rubbish as your frr views . I guess you believe the election stolen baling too? He is a habitual liar and followers are really scary unuseful idiots. Unfortunately they anre the gun fanatic far right brigade that he will not decry. Glad I don’t tune in to this madhouse very often. Good luck unreal holders .

Jambor . Yes probably not a great idea to give a timescale for something that is to good deal out of your control. I was noting the mention of applying for permits to drill. This in itself could take quite some time.overshootinv timelines in itself is not too. If a deal except that the limited funds disappear daily , bringing the next raise ever closer with so far no asset let alone drilling. Could be a short wait. On the other hand could be months.

This board has a lot to prove yet.

The gift that just keeps giving . Not to mug punters tho.

This is aim, set up for directors benefit . Can’t wait for the 3% if a sale does finally land.

Wish I had shipped the lot at 36 p .

There was far too much dilution prior to bfs and even more now and a depressed share price. The likelyhood of finance was small along with the sanctions issue and being a one trick pony. Risk too big. Mellon stated all this after strategic review. I stated it long before. It is just basic maths. We are a distressed seller punter , just a question of how distressed. Quite a few big sells been going through lately.

Come on Jim get the deal done or give us that 150 k oz production you were enticing your followers with a couple of years ago!

Johnstone, agree . They have no cash invested, listed in the main mining country but raise their cash on aim? Why? Because they have no credibility in Canada.

Aim is a casino and peeps need to learn when to take their chips out. Holding Down to 2 p was not wise and then commiting more to average down.

I also am interested to see where cash for a serious drilling campaign comes from. Peeps have been deluded about how long and how expensive it is to prove up oz. This outfit will never be able to do it. However for me I just wait for pump and news because as the 45 p spike proves. Ridiculous valuations no matter how fleeting can happen in a good market . Cash is usually made in short time spaces in my experience. You really don’t want to be buying aim for longterm hold imv . That’s the road to Ruin.

I am going to keep in mind , buy the rumour, sell the news. We may have a spike on news and then re trace. After all before the j/v we were 2-4 p . Getting the concession back is one thing. Funding it for serious drilling is a whole other story hence the j/v in the first place. I want to see the funding plan before getting too excited.

Still adding a few on the dips tho.

Gla

Agree c f. Their concession package is massive. They are increasing production each year at an impressive rate and proving up reserves at an impressive rate at a v high grade.

Our permits are to build a mine. The gvnt is laying out the red carpet for china. Zing fu has the second largest concession package but no mine as yet. Nica receiving further western sanctions. Ortega is going to want this h going chinese for sure and can easily make sure that is end result.

Have to say Nicaragua milling selling shares close to a sale is rather curious and failing to see it as a plus.

Gvnt.

Plus to build another mine?? The permits are to construct?

Chinese is the likelyhood imv. Film will have final say which again points Chinese to me! Let’s see .

Sakura, my take is they gave by far the largest concession area in nica. Are adding to reserves at an impressive rate and will continue to do that. Yes they currently have spare capacity so why would they spend £150 m(debateable) and $100 m pl

Hi c f, that’s what I thought from start. Zing fu seems a more logical possibility to me. Calibre and zing fu are the largest concession holders by some way in Nica. Calibre are proving high grade ounces continually. Zing fu don’t have a mine. Far more likely imv.

Anyhow, anybody have any info on zong fu, the second largest concession holder after calibre in nica?