Member Info for tidd83

I am not in the slightest bit concerned, my only question is whether or not the DD piece on ASMA of 30 days will affect the previously announced bookbuild and ultimately the resumption of trading. It was an ambiguous RNS and that imho needs clarification. As for all the other BS being posted, well it’s just another day on the LSE bulletin board. Munch I agree with Zengas your MO changes dependant on what side of the bed you get out of, it you are conflicted and unsure then best not to say anything or better still stick with your gut and quit changing sides every other day.

Diversified exactly my take. There updates have been p.ss poor for months why is now any different. I’ve emailed the nomad and the company id suggest others do the same.

Instead of griping on a B.B. contact the nomad and Company to see if an update can be forced. It is clearly needed. Are we to assume that the RNS yesterday superseded the previous and that we await the 30 day DD period? I assumed the announcement was separate and it needs clarifying. The more that contact them the more likely they are to address

Jim im not defending them infact I’ve emailed the nomad to ask for a clarification RNS however and as I have rightly pointed out the RNS did not state 7am

Jim i don’t recall reading an RNS around a 7am update. Whilst I want an update as much as the next investor can we stick to the facts?

Why don’t we wait for the update instead of making wild accusations and assumptions?

Kenner bore off your an absolute tool handing the same boring comment over and over. Get some new material maybe? Perhaps look back at the IPO on AIM against the ASX and subsequent raise, perhaps look at the BSE II issuance, perhaps look at the historic RNS set on the ASX. When you do some research and have a valid argument come back on here.. I have no idea why you post to be honest. By your own admission you bought at a higher price than you sold and you’ve been sore ever since. You aren’t one of those people that hold a personal vendetta against the Company are you because you have no idea how to invest and sit on your hands? Again, had you done some research you’d be in profit right now. Go enjoy Christmas instead of posting the same tripe on every B.B. you go to - everyone can read your posting history.

http://www.asx.com.au//asxpdf/20171219/pdf/43q8x01l6fr15z.pdf Sounds like contiguous coal seams, all looking very very good for the Reserves upgrade!

Juste I partly agree however given we expected the bookbuild to be closed we were not told that it had been extended merely that the figure was reduced to $220m for other institutions. That can be taken in two ways, one that the raise has been unsuccessful or two that the book build completed and was closed in the allotted time frame (we were not notified of an extension) and that the submissions are being calculated, allotted and the final placing figure known. The “on or around” is a key point to the wording. The update today was additional to the book build and was issued, it did not form part of the $250m placing other than the $30m which was outlined and subsequently reduced the issue to $220m as such, there has been zero update on the placing - today’s news was in its own way unrelated. Joe I didn’t think you were but I do think the B.B. was got a bit silly and perhaps I have been a little short fused with a certain member or two having seen the same rubbish droning on for month after month.

Has gone crazy, just looked back in all we are all doing is bickering it’s getting silly now and I am an offender as well! Maybe we all need to reign it in a bit and take a step back. The last piece on the matter I’m going to say for now is, the IIs already backing savannah will have likely been in prior discussions perhaps signing an NDA and being taken inside around certain aspects of the deal imho. Savannah will have needed to gauge appetite for such a cash call on a total revamp of the company, they can’t have gone in with a circa 24hour window wanting to raise $250m with nobody up until that point being any the wiser. There will have been prior interest or else the deal would never have gotten off the ground. Seven themselves would have conducted DD around Savannah’s ability to raise such an amount, they aren’t going to go into negotiations with a company who’s balance sheet whows a few mil and a debt facility of circa $12.5m without understanding they have the ability to push the cash forward. With that in mind and having seen the strong backing today from a $90m injection of a fund wishing to move in as a strategic partner I would say likelihood that the book build is complete is extremely strong. Perhaps the allocation of stock and who will take what % at what price is being finalised hence the lack of RNS but regardless.. savannah did NOT state news would be today.

What does “on or around” mean to you? It doesn’t specifically say a date for a reason - read things properly and stop misleading.

No they did not Jim stop lying, as I said read the RNS! “The final price for the Placing (the "Placing Price") is expected to be announced on or around 18 December 2017” What see

Jim read the RNS reference the announcement of the placing price as I posted to you earlier. Stop telling fairy tales to suit your agenda. Incidentally do you see an RNS to say the raise has failed?

Jim who cares? Whether we list tomorrow, Wednesday or January it makes no odds.. the only benefit to listing sooner is that we can see the back of your sorry whining backside.

CPN1 I’ve just said the same thing, something else bigger at play here and perhaps relating to the SAA. If agreed that’s an initial chunk taken care of upfront. I actually believe the SAA was hoped to be included as part of this initial transaction anyway, the fact they stated “most or all of SEs assets” alludes to that point. The SAA is part of ongoing operations with NPDC as such a conclusion has not yet been formalised. Had it of been acheived earlier with Seven then I’d imagine the OML blocks would have made part of this transaction at another reduced acquisition cost.

Thankyou ramptrader for your answer. Last whispers I read from that site were around “AST takeovers” subsequently nothing since. Hope it works out for you guys, certainly not for me.

If you can’t answer the question then it should tell everyone what they need to know.. your ramping ****e unless you can advise me otherwise? Others are free to read my posting history..

If LSE were to create a credit system be it by tokens, blockchain etc for its user base to enable additional features likes L2 (instead of paying by DD you buy credits) would that suddenly add on a multiple premium? After all, it is only for LSE.. so how is what online are doing for ADVFN any different or, am I mistaken and it’s a currency that can be used away from the site?

GE what a ridiculous comment.. given I’m long on all boards stop dodging the issue and answer the question?

Aren’t they just creating a coin wallet and currency for use on ADVFN? To allow users to upvote and take services on the site? As such it’s very limiting given that it’s effectively the same as buying credits on any site to use for that particular site. Or am I missing something????