Member Info for swingman

Why the cash injection is a consideration for the shareholders. Once it is sold, it's new owners problem to continue to fund it. For share holders, they should insist on all cash offer.

SoutherComfort

There are many ways to derive real p/e for a company. For a company just starting production and from a three month update, the numbers between actual cost, debt numbers are influx. We need a detailed financial report to get real value. In the absence, my p/e number is a conservation net figure. All I am saying after this report, SP should be at least north of 20p. Fully disappointed with the aim setup and MM manipulation.

The current P/E is under 10 which is at least 50% cheaper than other gold miners

I think the prodent move would to do a cash raise in Australia at same underlying price for funding expenses. This would achieve both aims; one to provide shares for ASX Market and ready cash for expansion. It's a win win.

No. Too late. Price you paid is san-dividend

You can't. publish a prospectus without all these information.

Schlemiel: Where did you see 2.5% dilution. Do you mean they are only going to create 2.5% additional shares? That's not enough for any institutions. They probably need a cash raise of at least 50% without dilution to fund future operations/expansion otherwise we might as well sell.

For ASX listing, how many new shares would be created? Is it going to dilute the current holdings. I only saw 20:1 consolidation but none one creation/ Anyone know this?

As the oil price fall, it's getting cheaper to extract gold.

Schools are on Easter break and more traders are off.

I don’t expect any offer, if it materialises after the resumption would be north of £1.00, If anyone think they are going pay more, then these is a serious credibility on both sides. If you don’t take take it they may not comeback for few years and ship might have sailed.

Not also margin calls.

Most selling to avoid excessive CGT. I,expect more buys from Monday

The good news is that most established companies share price tack on with gold prices. For GGP as new producer, at this early stage not affected significantly by the movement of gold prices

It is normal practice to sell assets that made most profits recently to cover margin calls elsewhere and hence the big fall. Now those waiting in wings to get the shares at much reduced price. Give it 48 hours, normal trading resume unless the Orangee come up with more.

Since they have been chasing for a long tem, they would apply for extension until final report and the results including mitigating efforts before deciding to walk away. probably no come back in the future if they go. Noone will entertain any bids if the walk away.

Misleading statement. Their major income is fund raising. why not included. So the latest would last for another u to 9 month. Is the company diary has any item for next fundraising in 6 month?

So it's. bonus time for management for well-done with fundraise. Cheers and spent some on bubbly

I suppose the MM managed to help someone buy bid at the reduced price. Util they want to help another, it may follow normal trend

It has nothing to do with Putin Stop blaming him for your ills. He in no different to any other present and passed leaders. So you don't like his plan but like the US plan on Iraq, Afghanistan, Vietnam etc and UK coat tailing.

Why GB is buying almost every month? Something is coocking.