Member Info for tombi1

The. Company is valued at under £4 million, something had to happen and we all know the debt burden weighed heavy on us with that almost gone the extra money they will achieve and no debts to worry about for 10 years it has to be better

I don’t anyone can disagree this is best way forward

To clear most of the debt , is quite impressive and 10 years to do any outstanding,,,

LO , are not usually so amicable , so do a deal at a premium of 75% they must like what there hearing from the company , let’s see how the raise goes first

I imagine the timing is to go with the expected production increases over the next few months , to absorb the extra shares

The share has no movement, so it does seem the obvious way of clearing debt , any debt left has 10 years before due , also no payments on interest for two years , so many positives , something drastic needed doing , gla

Is that correct LO converting the debt at 0.45p a share , a 75% premium to yesterday’s closing price if so ,bodes very well if they are willing to do that , they know the potential of this restructure in the future , more knowledgeable people might be able to explain more , I think we should get a bit more news probably today to go with it or Monday

Yes chadster, I’m in echo , I think it has hit the bottom, quite a bit going on now for the rest of this year , a lot more production on the horizon and Argentina have made tax and custom concessions this week for oil companies so a good uplift coming I think but all to there own

As for news ,read latest rns

7.5 mill traded already , people liking the news

Buy straight of , bodes well for rest of day

Thankyou for posting

If someone does take an interest in mast , it would be very lucatrive indeed for kibo with the amount of shares they have in them

A new 52 week low , well done MH

For him I don’t think pride comes into it , he has created a life style he enjoys , who else has a job where you can sit in a pub and get hundreds of pounds for that day ,,,,,, and basically do nothing

Buying continues this morning

50% rise for some who managed to buy from 8th July , nice

23*

25 mill just gone through looks like a worked through deal as the ask went up

Were moving up