Member Info for skodamanpat

Can't post quick enough to keep up with the activity now lol

something brewing Stretch, 2 trades in one day :)

but another 100k today at a higher level. Just the two of us Stretch.

Notv really. Even if we have won how long to calculate award? Could take months and months and then the arbitrators have to agree on the amount calculated, so thosr with an oxs bias will be saying x tones in ground, y value of gold, z cist of extraction, t amount of tax etc etc whilst the arbitrator falling on the uzzy side of the fence will use a completely different set of figures. Not forgetting the actual cost of gold as fluctuated daily for the full duration so if they try to calculate the expected production rate and use the actual gold price at a given time the calculation is mind boggling.

certainly not the mm's. lol Our day will soon come.

Not sure that is an option RS as intamated he his interested in. However if it were i think it would have to go for shareholder approval and besides the sp would rise to reflect the new NAV

Yes people will have invested in ox expecting a result 2014. Yes they will have invested expecting a result by end nov 2015. Truth is if that if they hadnt been told the result was expected they wouldnt have invested and the money could have been working harder to make money elsewere. TRUTH is if they hadnt invested in oxs then they could have also lost that money alltogether the way the markets have been and had no stake left. If you invested in a belief in RS and oxs and their integrity and a posstive result then smile you havent lost yet. If you invested for a quick killing, smile it will come and it as saved you from the carnage of the market. If you invested to trade then tough, you should have sold at 4.5, but in fairness you are probably down less here than you could have been elsewere. GLA

yawn

Would you care to point out were the joke is? If I am in anyway mistaken that shares were issued to Bluejay at a price of under 0.6p for the acquisition then please show me how you have worked it out, 165 million shares for a consideration of £900k. I presume you can do basic maths?? Sorry you bought on a spike and I am sure the SP will return but imo it as further to dip. GL

Did you read the rns? Acquisition price of £0.9 million satisfied through the issue of up to 164,655,885 new ordinary shares (no cash component) with an option to acquire the remaining 40% Which means that the acquisition shares where valued at 0.5466p Bluejay Mining Limited will want their 0.9m and if they can sell those 165m shares above 0.5466p then they will make more than the value of the acquisition, but wont care so long as they dont sell them for less. Obviously with the placing of 10M shares at 2p the the price as been artificially raised to allow Bluejay to sell out without tanking the sp because pi's never read the rns or only read what they want to see. IMO the sp will drop until Bluejay have at least realised 0.9m from share sales and that means the sp will continue to drop with 0.6 ish being the bottom. But wtfdik DYOR

was inevitable, aquisition was made valueing shares at 0.6p, Bluejay are going to be dumping those 165m shares at anything over that.

being paid in 0 volume. This should move like the clappers on next aquisition news.

30p would only mean a 35-40% award including discount to market. This is very close to what would be considered a loss to oxs!

And i thought you had seen videos lol

No worries mate. Just frustration here as well. Just cant see the point on having a dig at rs. If he gives an opinion then it can only be his own or one he as been advised on. Like Cam says it will arrive as and when and unless it is the arb panel saying we will wind it up byx dare then anything else is to be taken as wishfull thinking or educated guess work. Gl

oh and RS hasn't given a timescale, he has said very near future. Depending on what you want that to mean it could be 1 minute to 1 year. If you class talking to you on the phone (alledgedly) and saying it could be days, 1 week, 1 month 2 months to be releasing a deffinative legally binding timescale then you need your bumps feeling.

Not a placing that needed a ramp to get away, what are you suggesting that each month RS is going to ramp with a bit of BS to get the 100K CLN's away at a better price? Is he raising money at random at cost to pi's ?? If you think we have won then hold, if you think we have lost sell. If you are impatient and or want the money for something else then sell and hope to get back in before result. Pay your money, take your chance.

rollover

there as not been a placing. RS ramping the share as you suggest to get a month of Darwin at a slightly less dilution is laughable and the RAB payback was already at a discount from 12 to 8p. Do you honestly think the convo went like this: RS: tell you what RAB take your debt at 8p instead of 12p and I will try and bs pi's into keeping the sp at 4p?? Any `time scale given as to be taken with a pinch of salt imo because we know Lamm will use every tactic in the book to delay or reduce the outcome in the hope oxs will eventually go bust.

Plus why, after all, it is an obligation to pay up, so why would we show weakness and be ready to negotiate? Do you think they will just reach for the cheque book? RS as iirc already stated that selling the debt on would be a possability which would be at a discount. I would imagine if we have been/ were awarded $1.2b and the Uzzzies said that they would pay up immediately if we would accept $800m that our lawyers/ RS would be happy to negotiate for something inbetween. A bird in the hand and all that.