Member Info for swinger

nobody ever owns up to these huge losses yet they happen all the time.

They lost over 2.2k in 55 mins.

28-Jul-20 09:06:35 11.65 135,533 Buy* 10.00 10.20 15.79k
28-Jul-20 10:05:57 9.977 135,533 Sell* 10.00 10.50 13.52k O

I have a fair chunk in here and like all holders all we can do is wait.

However I would take that as good news on the RTO, we have another 6 months to complete and remember its a huge RTO for us!

Was so hard to top up this am.

This is fantastic, one of those I am trying not to check the price on.

Sold half at 7.4 so its free carry but I want to hold so I don't miss out on a huge rises if all go to plan. Look at GGP they were 0.08p now 14p, yet most people only pile in at 14p.

Ars has been a nightmare a year ago we were 4.9 p and EUA was about 0.49 p now we are 2.3 p they are 19p

No comparison in company but the market is saying the deal we have on the table is bad. Hope it’s wrong. I still hold plenty here.

In the RNS - Its 1.5 RBD shares for 1 Delt. RBD are 0.585p so about 0.85 / 0.9p offer

The Possible Offer under consideration and evaluation by Reabold is a securities exchange offer at a ratio of 1.5 Reabold ordinary shares for each Deltic ordinary share (the "Exchange Ratio") (subject to the reservations set out below). The Exchange Ratio would give an implied value for the entire existing issued share capital of Deltic of approximately £12.34 million (based on a closing price of 0.585 pence per Reabold share on 14 July 2020, being the latest practicable date prior to this announcement). Completion of the Possible Offer at the Exchange Ratio would result in Reabold shareholders holding approximately 76.2 per cent. and Deltic shareholders holding approximately 23.8 per cent. of the combined group's issued share capital.



At the value implied by the Exchange Ratio, the Possible Offer, if made, would represent a premium of approximately:



· 9.7 per cent. to the middle market closing price of 0.80 pence per Deltic share on 14 July 2020

We farmed out 2 licenses to shell and they will pay upto 50 million on them. 2 x 25 million. If they strike in 2021... RBD are taking the P with this one.

How do you value that and the fact we have about 12 million cash at a 12 million market cap

crazy share price I am taking more.

we raised 15 million at 1.75p and that was a disgrace at the time so how can we get a pathetic offer at 0.85p. 5p a share as a minimum.

A total of 854,285,707 new Ordinary Shares have been placed with new and existing institutional investors (the "Placing") by Stifel, at a price of 1.75 pence per new Ordinary Share (the "Placing Price"). In addition, certain Directors and senior management of the Company have subscribed for a total of 2,857,150 new Ordinary Shares (the "Subscription Shares"), at the Placing Price (the "Subscription"). A total of 857,142,857 new Ordinary Shares will therefore be issued pursuant to the fundraising, raising proceeds of GBP15 million. The new Ordinary Shares represent approximately 61 per cent. of the Company's enlarged ordinary share capital after the completion of the Fundraising.

I also have a big position here so I’d be very angry if that offer was even considered.

That’s a disgrace we are partnered with shell on a huge drill and they offer below cash. Was 5p last year and if we are successful this could be many multiples In the future

I should have punted more! always the way.

Seems a good punt if at this level, been a huge drop over the year.

3.7p I will take a punt for a trade

The new 750 million shares are here today, hope akers buys some up.

market cap nearer 2 million with new shares , lots of flipping from 0.08p but could rise a lot soon!

Nice RNS! about price movement!

I guess Akers buying is great and if you look at AA that 15 bagged in a few months.

Short term we have 750 million shares hitting the market tomorrow at 0.08p so expect a lot of flipping at 150 percent up! could be a good buying opportunity lower. Feel for all those that piled in today at 0.29 though.

Very hard to buy NT at 1.6p Not sure why the rise today though...

Im sure it has been posted but watch this

https://twitter.com/VNS_Global/status/1280032706609532929

Fantastic strength at 1.45.

Its been a great run for small gold explores and I think its just starting!

Im in GRL, KEFI, ECR, XTR and derisked them all but can see more upside!

That was my sell (top slice) a few minutes ago at 1.422 -

150k at 10.5p Nice!

I just bought more at 0.79. Seems crazy cheap with Glencore next door. Also averaged down.