Member Info for StarBright

And New York are entering the fray early today @Hurst10. Only 4 hours time difference at the moment…

Yep. A racing certainty that the Nomad required the publication of this RNS following the inane rampathon here and on Twitter. There was perhaps enough noise to suggest that a false market could form.

All the while we plucky well-researched holders stand on the verge of untold riches as the NY herd comes rollin’ rollin’ rollin’ in as promised by the dirty pumpers…

Which “… triple A US funds…” are involved..?

Looks to me as though the dip here has been strongly bid, with buyers setting the tone now. I expect to see this consolidate in the 130p-140p range that it held for several years previously.

Asking for a friend…. ;>

Will ANGS be able to buy gas at the Truss-discounted price to supplement its production and then re-sell it at the unhedged price? If not, why not?

When management and friends fill their boots it is sometimes a good buy signal - especially if you can get close to their in-price, which PI's can here. You might have to hold your nose a little... I am taking up mine at 3.5p, and will take some more if the broker(s) I use have any unallocated.

@Woodstock1970 - I think the actual mistake is not understanding that brands are far more durable than equity interests. A brand can continue to exist long after its equity owners lose all their capital. Look at all the brands acquired by Mike Ashley for £1 each over the years if you'd like an example. The risk of this is exacerbated when debt issuers hold strong cards.

You might want to check your 6.8% yield, just in case it includes any not-to-be-repeated specials...

@tony_currie - how do you get from £10,400/day to £3.7m per month?

I suspect he'll leave with IOCA when it is somehow floated off.

Lol... I think the natives are more interested in "golden tickets"...

No sizeable trades printed all day, largest I can see was <£50k. The larger the trade the longer the permitted reporting delay (subject to some limits) so it will be interesting to see what rolls up onto the beach...

https://bit.ly/3RHzPfY

"Orosur has released assay results from the first three diamond drill holes at Pepas, a new prospect which is located in the north of its Colombian Anzá Project (Anzá or ‘the Project’). Significantly, these include a very substantial, high-grade gold intersection from surface of 150.90m @ 3.00g/t Au (including 102.40m @ 3.73g/t). Additional holes are currently underway across both the Pepas and Pupino prospects. Meanwhile, Orosur’s JV partner, Minera Monte Águila (‘MMA’), has informed the Company that it has met its expenditure commitment of US$4million for the current JV year, completing its minimum Phase 1 Earn-In Work Requirement. MMA may now elect (effective date, 7 September 2022) to enter into Phase 2 of the Agreement, which would require it to invest a further US$20m in qualifying exploration expenditure in the Project over a maximum of 4 years. If completed, such expenditure would see MMA earning an additional 14% equity in the Anzá Project for a total of 65%. Indeed, with today’s results suggesting potential for what could be a ‘game changer’ in terms of the Project’s grading and scale, it would now be something of a surprise if Orosur does not imminently find itself diluted down to 35%. This of course would not only trigger a milestone payment of US$2m, but also significantly raise confidence in respect to the Project’s future route to commercialisation."

House!

Market is going love this…

Agreed!

@PortfolioPower - comparing shares in issue like that is essentially meaningless. The more instructive comparison is MCap - ie look at the MCap of GGP (or whichever comparator you are interested by) and divide that by OMI’s shares in issue.

…but almost entirely irrelevant to ANGS for one very simple reason. With your deep expertise @baits, perhaps you can tell us all why this is?

@breaktwister, @dealer55 - the whole “RNS logged” thing - especially with it’s usual accompaniment of “MM’s can see an RNS has been logged but can’t read it” - is just another of those tiresome bulletin board myths that can be safely ignored.

File it alongside “…any takeover must be at at least the market high-price of the last twelve months”, “…set limit sell orders to stop HL from lending your shares to shorters”, “…market-makers reported my buy as a sell” and all the other rubbish regurgitated daily on these ‘boards.

Unless someone in the know (ie from the issuing company or its advisers) tells them, market-makers have no more access to the existence and content of RNS than you and I.

@bv - only bad news gets released (“Jo Moore’d”) on Friday afternoons.

If you have good news, you wait until Monday morning. Perhaps especially as Monday will be the first proper day back for many City desks…