Member Info for Traa-dy-Liooar

probably another 10mil toady, maybe bit more. Clearly CF dumping and should bode well for any positive news flow.

https://uk.reuters.com/article/uk-city-financial-review/city-financial-files-intention-to-appoint-administrator-as-reviews-options-idUKKCN1QG21A

City Financial selling out - they are filing for administration, affected number of stocks SML also, still thik they have a bit to go but Monday may shed some light.
https://www.cityfinancial.co.uk/assets/download/15013/City%20Financial%20Investment%20Fund%20Series%20IV%20-%20Reports%20and%20accounts%20(interim)%20-%202018%2010.pdf

*unabated

it has been constant for many months, unbaiting.

Gives that impression but still struck - the side track well is the one that could hit the big prize though.

a few given the current SP. Looking to add on any further weakness but news flow should pick up. Last placing in Autumn at 90, good track record on BOD, strong shareholder list. Just need some positive news.

Like a lot of others have been in this share for couple years and it is clear the regular block selling that has taken place has not been reflected in TR1's. That said the appointment of the new nomad would surely have validated the current significant shareholders as of Jan 2019. Anyway lets see what the interims have - hopefully some news on debt and forward looking projections.

Hard to make an investment case here atm. Poor finance deal and woeful results make for a classic falling knife scenario. The positive is the good relationship the company has with the government. This boils down to the new mining operations at the Kiyenzi and Gomvyi Centre areas coming good. Should go a lot lower in coming weeks.

there is the sell - 1.2 mil. Onwards and upwards.

in anticipation of news. This stock puts you through the wringer.

I would have thought the delay would be for other newer applications, I would view the shutdown as being just void time for IQAI application. May get some clarification, which would be nice. strange drop given buys v sells uness large sell in the background.

Not too sure about a TU as it varies in past years. Nice if there is as it should show some excellent progress. Looking to add but waiting for the traders and impatient to leave from Friday's RNS re 7 mil plus contracts. There was a lot spiked and a clearly some stale bulls offloaded into what was a massive volume day of almost 20 million. The BOD have almost 55% of the shares, so a good percentage of the available stock was traded. What was interesting from Fridays RNS was the majority of the contracts went to MBGho have seen a remarkable turnaround in the last 8 months as stated I the last interim results:
'MBG has had a very strong six months following on from a very good year last year and has generated profits before tax in the first half of the year of £456k (2017 - £44k). This was achieved due to turnover increasing to £3.8m from £1.3m over the corresponding period last year, together with a keen control of its operating expenditure.'

Therefore I suspect the margins are greater for MBG contracts. Last years results, TU and forward looking statement could make for an interesting year. From the same interims they had just short of 700k in retained earnings although the trade and other payables weigh heavy on the balance sheet I guess this is the nature of the business they are in.

If

buying this morning.

just maybe the BoD have had a change of approach to responding via text and email to Pi's as it was causing more issues than what was intended. Best case scenario is they have positive news for R1 and 2. Plus the license and maybe2nd horizon. Would be very surprised if no RNS 7am Monday.

Lovely little update, where are now entering a news rich period, lots occurring with this small company.

6.92 to 7, hmm.

little tug or war here

to be in here now drill confirmed for may/June 2019. They seem confident of the choice:
'We have a great deal of confidence in the selection of the Jethro-Lobe drill candidate; the Partners are unanimous on the selection of the location, reservoir quality, charge and production characteristics and view this candidate as having a high chance of success and potential for a first discovery.'