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I did say last week and again yesterday that news could arrive today regarding the flanks, though this is an update regarding the potential rather than confirmation of the licence it is still very welcome. There was also a cryptic post last night regarding KOLA being -12 degrees and frozen! Always worth looking for little gems among the dross on the bb.
I said last week news of these could come this week, tomorrow is now looking good, now more positive than ever.
Excellent read brotherjoey very well done.
In my post today I mentioned the potential of news next week regarding the flanks, as the requirement for mining/drilling rights were submitted on the 23rd September 2019. LB28 replied that we already owned them and no one else could start work there, which is true to a degree that we have first dibs to the flanks, but they still have to be applied for and therefor a formality and JUST AROUND THE CORNER. This is what i believe to be what the city guys are playing for first and taking large positions at the expense of the p.i`s frightened into selling by shorting the hell out of the sp.
Just sit tight and make it hard, make them pay the proper price for shares like we do and enjoy the ride to wealth with them.
News of the flanks could arrive any time soon that could raise the sp to 5p 100% rise from where we are, I wouldn`t be surprised if we got it next week. The bear raid seems to be over now and the bottom feeding traders have taken their 10% so should get back to normality, with a steady rise into expected news.
If it is to come it should be today otherwise it has been shelved for what ever reason!
Todays rns was just a reminder of 24th of October rns stating they were still in ongoing talks with the two banks the disclaimer regarding any successful outcomes were there also on the 24th. Nothing has changed, the city has used this non event to line their own pockets at the expense of the p.i . Though stop losses and panic selling caused the sp to spiral down, understandable with profits for some in the tens of thousands disappearing in a flash. I have only a small amount invested at this sp so not at a loss and here just in case a huge deal should arise, though to be realistic I am not expecting anything until the end of March, sixteen weeks is a reasonable time to bring a deal to a conclusion I would think.
Think a few are being exercised and holders selling a % to recoup there outlay, probably stay within this 3-3.20p until their done.
No mine is OK
I believe some ii`s are only allowed to buy shares in companies with a market cap over £120m so when the sp settles over 4.5p we could see a quick surge to around 6p or higher before news of a deal.
Lol classic Tosh brilliant.
That is all we need, an excuse for Tosh to bring up his leather fetish.
There has been a lot of talk recently of panties and thongs more likely cups than cusp!
First day of operations tomorrow so i expect an rns as early as Wednesday this week, if as we expect, every thing goes to plan tomorrow, why should they have to wait any longer? A full blown rns showing size and length of contract nothing less. I have been in and out of wsg over the years and rarely made a profit and always vowed never to return, bought in twice last week with an average of 9p,( hope it reaches 90p again), not as much invested this time around but returns seem mouth watering. Always read the board through the hard times and the few good and hope all you old timers finally get rich.
of arbitration most probably.
I also dipped my toe in here again this morning as I did last week before the tech contract landed struck lucky for once,I think a managed service contract could be next,start of July is what I`m aiming for will trade in and out when opportunities arise.
I said the drillers as the shares were in part payment for the work done and they have over heads being a business they would hold the warrants for a later date before converting especially if they think results are good, a win win situation as I see it.
The drilling company could be cashing in shares to cover their costs as part payment for the work they have carried out as they also have warrants to convert at 2p should the results be outstanding by means of a bonus and investment just a thought that this could be the reason for the drop coupled with pi`s panicking.
one code just gone through.
Trading account while attempting to sell on the ambiguous `may have RNS` got an acceptance note at 0.570 only to find it executed at 0.406 five minutes later, previous 0.570 having failed and a limit order put in without my doing,
they say I placed limit order one minute after the first failed, why would I do that as I was unaware first trade had failed normally comes up in red for failed orders mine was green for accepted.