Member Info for solstace

Rockfire has raised gross proceeds of £350,000 through a placing of 116,666,666 new Ordinary Shares, at an issue price of 0.3 pence per Ordinary Share (the "Placing Shares"). Investors subscribing in the Placing will also receive one warrant for each Placing Share subscribed for (the "Placing Warrants"), exercisable at 1 pence per Placing Warrant for a period of three years from issue.



Should the Company's volume weighted average share price equal or exceed 2 pence per Ordinary Share for five consecutive business days, the Company is obliged to write to each Placing Warrant holder providing notice of exercise of the Placing Warrants after which the Placing Warrant holder will have up to 14 days notice to pay for the exercise of their Placing Warrants ("Accelerator Clause").

Sorry I Must of missed your point..... feel free to put it in a clear consise post cheers

Double what they paid for them! So no wonder they could/are selling

Parkez if your going to guess thats fine if your going to argue the toss no worries, but sit down go through the RNS's do some calculations and come back with some numbers.... I aint after a barny with you! It is what it is, there is an overhang to clear and imop it will clear next week allowing the share price to move up.....

Parkez lets see next week :-)

Volumes on track to clear any overhang next week just in time for more results and a xmas BoooooM! GLA
I reckon we need 200-300m traded from today to clear........

Parkez of course they are included thats not the point! They are on the register and are most probably being sold along with their attached warrants which is the overhang suppressing any rise! I make it we need volume totalling over 1.3bn to churn them + there are other warrants out there so could need 2bn+ so far since the 26th Nov RNS that kickstarted all this we've seen 1.8bn shares traded so potentially very close to clearing and then moving on and up........

Your post is irrelevant as you dont know if they sold or are selling.....My post simply highlights the overhang we need to shift before this will rise! No de-ramp just a statement of fact!

There are 166,666,666 placing shares to shift and each share has a warrant attached so total 333,333,332 shares to churn. General rule of thumb is 4 x volume to sell into so need 1,333,333,228 to shift em then it will fly.....

There are 166,666,666 placing shares to shift and each share has a warrant attached so total 333,333,332 shares to churn. General rule of thumb is 4 x volume to sell into so need 1,333,333,228 to shift em then it will fly.....

Trowtech it may have gone through NEX Rocks secondary market....
https://www.nexexchange.com/member?securityid=1812699

Erm they go Christmas shopping lol.....................

If you are invested here then you will know news is almost nailed on for this week!!!!!!!!!!!!!

Stage 1 Exploration

I can imagine if you bought in double digits here then yes but at this level it's a different story! Risk/Reward profile is very different..........................

back up on buys........

Correct the shares were issued at 1pps so underpins current value. Now back at full production this should move forward and up from here!

This is the second c.70 carat stone recovered from the operation this calendar year, following the 70 carat white, makeable which was sold in the March auction at a record overall price for a Liqhobong diamond.

They've pulled out some impressive rocks so far a few at over $1m each.....

They made payment and banks happy so onwards and upwards from here!