Member Info for sellonnews

Where's WelshVagabond to fully explain the recent filings?
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" This has allowed a target-based approach to be adopted allowing peak rates of 1,000 bopd to be set by year end"

Note "peak rates" rather than constant rates.
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GL
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Expecting a sugar-coating of the less palatable sections of the RNS with further saccharine deployed over operations going forward.

It is taking much longer to get where it is supposed to be going imo.
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Await the video.
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GL
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Being a genious (sic) my sources (sic) HP and Heinz Tomato indicate there will probably be another MOU before any signed contract news.
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Best not to believe everything posted on the boards.
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PS It might be a wise move to dispose of the gold assets in India and Finland to raise further cash, and subsequently focus solely on Goldbloc. It is my belief that the mining assets are becoming an impediment, if not so already, to the potential exponential growth of Lionsgold away from fiat currencies.
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In the event that the trials have met or exceeded expectations, I would hope that there is a placing, at a premium to the closing price, to raise £3 million to £4 million. (100 million shares) for rapid expansion of Goldbloc and associated expenses.

Here's hoping
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GL
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Is there a "Fantasy Share League" similat to football?
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A nice "slow and steady" update - no fireworks imo

SWP production not in any rush, and water injection appears 50% completed - corrections welcome.

Not tempted to reinvest at the moment.
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GL
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Once the Prospectus is released (7am?) re-listing should occur one hour later (8am). To suggest that nothing will happen during the first few hours is interesting at best imo.
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There is also the fee, in the region of 3% for every payment in, and the same again on withdrawal.
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DYOR
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There is approximately £500,000 in value of the 1.2p warrants still unexercised.
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Search, "Kolar Gold admission document 2011", the PDF file is indicative of the information to be included in the awaited Prospectus.

There is absolutely no need to speculate as to what may or may not be included!
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DYOR
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GL
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Under the terms of the Placing Warrants, the expiry date is 31 December 2018, except in the event that LION's volume weighted average share price over 5 trading days ("5-day vwap") exceeds 3.6 pence per share. If exceeded, the Company, at its absolute discretion, may give notice to holders of Placing Warrants that they have one week to exercise their Placing Warrants, with two futher weeks to make payment, or forfeit their Placing Warrants.

From market open on 14 December 2017 to market close on 20 December 2017, 241,072,254 LION shares traded at an average price of 5.4492 pence per share. This enables the Company to expedite the exercise period on all Placing Warrants, including the warrants attaching to the Directors' and PDMR's subscriptions announced on 20 December 2017.
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GL
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Buys are trickling in at the moment. Once trading reaches 100 million shares and above, then it can be claimed that they are "flooding in" imo
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The SWP transaction appears to be dragging on indefinitely. Any update on reasons for the delay should be beneficial and welcome imo.
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DYOR
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Understated as ever, bigbench "10p in a few months" - I'll be hanging on for higher, as I'm sure many others will be too.
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GL
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With only approximately £500,000 of the 1.2p warrants remaining, it will be interesting to see how many are exercised prior to re-listing... have they been called-in, perhaps?
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DYOR
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GL
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So, we know that at least two warrant holders converted.
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The TDK licence might be persuasive but 2 or 3 new licences would certainly place immense pressure for an out-of-court settlement imo
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GL

Or, was the 0.45mm infringing Cap-XX IP?

(Patent claims are in the Delaware litigation)
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DYOR
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GL
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