Member Info for vxrandall

What does 'on time' mean to you? The house broker just said that they don't know when it's expected to start. It can't be delayed if it no timescale has been set.

this appears to be on the next wave of a leg up. volume, albeit at a lower level than the May-June run, is improving, the RSI isn't showing any signs of overheating and the 50 day MA is trending toward the mid-30s by year end. there isn't a cash issue so whatever is driving this doesn't appear to be the need to place and raise...that said, it wouldnt surprise me in the least if one came once the 30p level was secure it's going to come down to news now...has he finally managed to get a resource to a production ready state or is this just another 'near miss' if the former...a sharp rise can be expected. however, if there are delays or disappointments in the next few weeks then a selloff will make this look like a badly cook souffle i remain perenially cautious given the form book but for the brave optimists, opportunists and the downright foolhardy out there - opportunities to make 50% from here could exist

no-one has said 'i wouldn't want to be out of this one over the weekend' LOL

you almost sound surprised Jez. placing inbound .... the shard-latans all congregate and make lots of noise. Price goes up. Placing gets done. It goes quiet. I would suggest that most of the people making all the noise have long since sold their shares or are now just holding the freebies just in case. What's critical here now is whether the subsequent news flow is going to be 'just enough' to allow placees the opportunity to liquidate some/all of their holdings OR whether there is news which will create a re-rate. IMO that news can only really be the confirmation that the 'short term/proof of concept' production is going ahead and/or that a mid tier developer/producer is looking to take on/over the project or the entire vehicle. Anything other than that is just drilling updates (burning cash) which don't really make much of a difference these days because investors have heard it all before. Not even the intercept of '3 tonnes gold per kilo of ore' (as a certain poster would state) made much impact.

and oh look....evidence that manlord is also a charlatan. offering PI's the opportunity to collude with 'insiders' at Shard whom we know have links to groups of investors that crawl all over twitter conducting targeted activity to enable companies to raise funds and place shares. has a reputation as lofty as a snakes belly over at BMN i believe.

it shouldnt surprise that leapfrog doesnt know a gram from an oz. he also doesnt know ore from contained material. or maybe he does but wilfully misstates in order to mislead people. i've been calling him out on that for literally months an unscrupulous liar at worst, a V.I. at best.

You don't get to control when I do and do not post here or anywhere else. #noDeal

"I've had the pleasure of speaking to Leo within the last half hour " #cough #cough #bullsh17 #cough

Ignore his nonsense. He is ramping the hell out of it now because he's bought back in and wants out for a quick profit.

Total fantasy.

he always is.

large volumes being taken at 21.45 but can't buy much at 21.50 make of that what you will

let me illustrate with some figures right now there are 2.2bn shares in issue and the share price is 0.6p (£0.0006) for an mcap of £1.32m issuing 230,000,000 shares takes shares in issue to 2.43bn and the MCAP to £1.458m a consolidation means that you end up with 24.3m shares in issue with each share now worth 6p instead of 0.6p. The MCAP remains at £1.458m your 1m share holding at 0.06p each becomes 10,000 at 6p each. Now assume that they give KOLA/Hummingbird owners 24.5bn shares (pre-consolidation) ...which is actually then 245.8m shares. The total shares in issue becomes 270m. KOLA/Hum's holding represents 91%. The key unknown which will drive the share price is what the company will be valued at once the CORA assets are added. lets pretend that the relisted company is valued at £10m. (imho thats wildly optimistic!) You are looking at a share price of 4p (or what would have been 0.04p pre-consolidation. The revised company valuation will drive the value of your holding upon relisting and of course any subsequent placing and dilution will further erode the value of your holding. I would guess that they'll try and raise another couple of million, which at 0.3p (25% discount to the revised share price) will mean you will be adding another 75m shares in issue . the shares in issue increases to 345m and assuming the MCAP neatly factors in the market value + the raised cash then the share price drops to 3.5p. With shares being sold into market, not unreasonable to expect SP to drop to 3p. so your shareholding of 10,000 shares which was 6p is now 10,000 shares worth 3p. does that make sense? this is all just based on my experience and understanding of the market dynamics and of course share prices can go up and well as down. just not as often on AIM unfortunately.

not listed and therefore doesnt matter how many 'shares' there are because they are all in the hands of KOLA and Hummingbird hands. 100% of the shares will go to GWIK in exhange for (estimated) 23bn or more likely 230m GWIK shares

put it this way...a re-listed GWIK with 25bn shares in issue will never be able to raise money because the bucket shops and their clients won't be able to flip the paper easily enough# 100:1 will reduce it to 250m which will make money raising somewhat easier. less shares in issue = better liquidity. for a similar example, GEO (formerly NMG) ...they reached 4.7bn and then consolidated 100:1 changing the share price from 0.08p to 8p. they promptly raised right after, placing another 40m (would have been 4bn) shares into the market.

It's not random at all. It's well reasoned and based on my experience of the market. Just because you don't agree or don't understand doesn't make my assertion some how worthy of negation. I've already stated that i have a holding here but i seem to be getting disparaged by a collective of desperately wishful thinkers who still believe AIM is where they will make their fortunes.

ty jezzoo. and as i also said...expect a big share consolidation to make future fundraising palatable. you cant do placings with 23bn shares in issue. but you can with 230m. 100:1 is likely.

its a pity that you dont understand basic maths then. cora owners will be getting 91% of the ENLARGED share base. well...since there are 2.3 (now 2.6) bn shares already in issue...for Cora to be getting 91% of an enlarged share base go found out what number 2.6bn is 9% of (which is what existing GWIK holders will hold) before you start running your mouth off at me...do some basic mathematics.

If you have 2m in Gwik you will still have 2m after the i3 ipo because that has no bearing on your gwik holding. What will have a bearing is what happens before during or after any potential transaction with Cora. I expect a 100:1 consolidation. So you would have 20,000 shares at a price 100 times higher.

There are already 2.4bn in issue. And they are giving the owners of Cora an amount of shares representing 91% of the enlarged share base. It's pretty simple mathematics. They are giving Cora approx 23bn which means the enlarged share capital will be approx 25.4bn. That's ignoring the 260m just issued, 23bn out of 25.4bn is approx 91% no? Do you want to try again with your 2bn? They give Cora 2bn...so then there would be 4.4 bn in issue. And Cora would hold less than 50% of the enlarged share base.