Member Info for Serendipidity

The management is appalling at PR, they need to share positive news to get this moving - zero liquidity too

Personally I like the regular contact and updates, I have some shares where the board are frustrating with a lack of contact. I also appreciate African red tape is pretty slow and this is a complex project. It would be nice however if there was some acknowledgement of the delay. Eg “we had previously communicated a target date of X, this has slipped due to the Y process being delayed due to Z”

MC of £826m = $1.07bn ?

Yep sensible post RN1 and where I am on this

It’s another positive step for sure, but stupid predictions like that just make you sound daft. It could jump to 1p and a steady rise from there I would predict.

Ever heard of Volcker? GS cannot prop trade.

GS can't buy shares unless acting as a broker, or buying on behald of PWM clients

I can tell!

All that says was there was 33,000 trades. For everyone there was a buyer and seller.

3,400 more of those trades were priced above the mid than below

That’s all

Well someone bought them all, without any change in SP.

So that’s positive

Amazing how so many people don’t understand what buy and sell mean on trade reporting.

Bought 60k shares yesterday, the Ukraine peace process and feasibility study should push this back up closer to my 19p average

Quid question please.

Why did they not sell some or all of the other £5m of black sand concentrate and not need the loan?

They seem to imply a test sale of £2m is in accordance with sanctions but any more might not be?

Fingers crossed, things start to happen here

Hopefully some good news round the corner, with an average of 27p I could do with it!

"I do think we will get a RNS before month end, but my expectations are it will be vague, more questions than answers type RNS, head scratching and confusion and the can kicked down the road for the 1000th time ……… in summary a standard default EUA RNS."

Sadly GLG I suspect you are right. I have been invested for a few years now at a 25p average so sitting on huge paper losses. The only chance I see for my investment in some steps towards a negotiated peace in Ukraine. Offer me 20p in the next few months and I'd bite your hand off :(

What’s to work out? If something is bought then someone one had to sell it if the share pool doesn’t increase.

Ignore the buys and sells flags, it’s just a reflection of the trade price vs the mid at time of trade

It will only run in positive news, Sril Mick still invested so I keep adding small sums £500-1000 to lower my average, but it takes a while for orders to fill.

Everyone sitting on this (and probably on large losses) waiting for progress and Ukraine to settle

My break even is 23p so not getting at all excited to someone shoots Putin

Https://www.reuters.com/world/europe/putin-wants-ukraine-ceasefire-current-frontlines-sources-say-2024-05-24/

Now he has gained a bit and is worried abut fresh influx of Western weapons, and ATACMS proving effective. Maybe also the economist who replaced Shoigu has mentioned the econominc disaster the war is for Russia

Why would anyone pay 15-20p for something currently priced at 1.65p?

You normally get a 20-30% premium over current price, no more

Ignoring all the sad in-fighting which has ruined an interesting discussion point....

I am LT holder and sufferer (average 20p) and my only hope is peace talks / sanctions slowly lifting / chances of sale increasing. If Zelensky really is biting the bullet and discussing how to start talks this is a postive sign for EUA, if not for the poor Ukranian people, and LT peace in Europe. The chances of getting my money back greatly increase if the orange buffoon gets POTUS again.

Any land gains by Putin will be a travesty of course and only encourage him to try again.