Member Info for Spec

Was going buy the major shareholder list updated aon the 12th Sept. they may of thought better of it all after the AGM

Huge sell appeared 14/15% of Co.

Only City financial & the CEO have that sort of muscle, 14/15% of Co.

Word got out a placing? I’m most worried about a Roy ‘The Boy’ death spiral.

Morning Babs Looks a bit quiet out there

And they better hope the market picks up this October because it's tough out there for placings.

They burnt through 3.85 mill in the year end at June 18. They gained 450k via FX. Administration expenses alone wore 900k and they had 1.4 mill at period end. Unlikely they'll get a raise away in DEC/JAN, after Jan will take them very close to the wire so most likely they will do what they do historically, raise before December. I mean, what's the point of having exploration permits with no cash to explore.

Load of UKOG shares hit the market today, ones not forward sold anyhow.

Out 4 a long while. Depends which bondholders. Some have already agreed to the haircut in a recent meeting I think, the main shareholder & supporter of Co. being one I believe but not 100% on it.

Looks like the US up overnight due to an agreement between the US, MEX & Can

Hi De Hi

Not sure why he sold out, however I do know he was one of the most bearish hedge funds around from 2016,betting heavily on gold and on ‘a violent unwind of the QE bubble’. His fund has reportedly taken heavy losses, his selling may well be a forced reduction in his exposure to gold?

As for the 8%, maybe a overhang, got spreadex in there with over 3% also. Doesn’t worry me too much long term as much as I’m looking for KEFI to secure the debt & break ground.

Outperforming gold atm. Long way to go if it continues judging by the ratio which is at multi, multi year highs.

You got private equity buying 30% for up 30/40 mill dollars and you can buy a piece of 50% valued at £12 mill. 100 mill bond debt expected on the JV. It's a no brainer, Shirley? What am i missing here part from sentiment?

Looks very, very undervalued.

Dropped the SP on no trades. Working a sell or more MM games. I do wonder having watched this for a while if MM'S are long the stock or did they offload recently? Hawk, your the expert m8, am I way off Base?

25th and 27th 1 mill buy & sell. Did someone just spunk 7.5 grand?

Who was who said, 'you can shear a sheep many times, skin him only once'?

Add to that, lots of high profile catastrophes, maybe the spivs getting to greedy?

Of negative sentiment around? Funding appears to be difficult and placings dropping below on most.