Member Info for ssmith_trader

doesn't look to bad to me to be honest. Read their case studies. They are testing with some big guys. China will be v interesting. I think they'll do another capital raise end of year, where they'll no doubt look to raise at a higher valuation (hope or same level). That will be the get out for those that want to and for those that want to stay, you effectively buying into a private equity fund. Seems like MCC will proceed that way as a vehicle.

All I am saying is if it is sub50p valuation is even better. I hope it's 50p +. That's their goal. As to whether they pull it off, let's see. No need to speculate any further. Waiting for September now. Sit tight.

I spoke to company and bookrunners. Seen this before when companies are trying to roadshow. Summer is notorious for fund mangers (II) not being around. They'll be back in September. Although copper prices have fallen, Goldman Sachs had a great commodity piece out recently showcasing copper prices in long run going much higher. Especially with interest rates going higher. Still.. yes they were too optimistic with trying to get it all done within a few weeks. And like Levistubbs, all this information can be found if you too go straight to the company and others involved vs listening to opinions. I was simply trying to share factual information I obtained. GLA. If you really like fundamentals, you can buy in at the placing price. Anything short of 50p is a v strong buy..

They were being v possibly optimistic in getting everything included in summer lull. But I think they'll be ok. Anything less than 50p is a strong buy. Suggest if you are looking to top up to do so via book runners directly starting September. Valuation looks compelling.

all true unfortunately. You can verify it yourself by calling the bookrunners. Why do you think there is no update so far?? I wouldn't wait for an RNS to tell you whats happening - they are, as stated pretty poor in keeping us shareholders updated. However there are other parties that can also provide you with info. if you ask. September we wait!

fundraising hasn't started yet. Apparently to start in September with summer being too quiet to get hold of people. Hang on investors.. only another 3 weeks to go. Let's emerging market risk doesn't throw a spanner into the works!

totally agree. Poor show on their part. I email a number of times and got nothing back. Called a few times and got through yesterday. Thought I would share the news. I never got much info re: roadshow so will dig via boutique banks who helped them roadshow the event.

Maybe. Guess there are costs involved too for RNS. Main concern is market conditions wording. Investor relations are answering calls and that's a good thing. Worth calling them.

I am guessing news will be towards end of September - note from Capstone's own website "Capstone and Pembridge Resources plc ("Pembridge") entered into an agreement for the sale of the Minto Mine (the "Transaction"). Given market conditions, Capstone now anticipates the Transaction will close in the third quarter"