Member Info for Wotitsworth

More than 4 to 1 buys to sells today....interesting how the price stayed constant through the buying

Yes hahaha

Thanks again for clarification

Thanks Bannor, still confused how they talked about no dilution except due to the fundraise. That is the dilution and appears that the number of shares will double.

But.........the bright side is that we do have the assets.

Thanks Bannor, yes, I get the reason regarding the fundraise, but the first paragraph below says that it wont affect the value of shares held by existing holders. The last Paragraph says that the Deferred A Shares will have no value...I think this means that the new shares (which will be 10% of our existing shares) will carry the value and voting rights. It sounds like a 10/1 consolidation without the price rise....It also sounds like the new shares will have 10 times more value than the old shares.....Im sure I have this wrong, but would appreciate anybodys input.

The fundraise was inevitable because of the court delays, or even without the court delays, but clearly the share price would have been better. But this is a big one

Does anybody understand this. There seem to be conflicting statements.

The Capital Reorganisation will not of itself affect the value of the shares held by Shareholders. After the Capital Reorganisation there will be the same number of New Ordinary Shares in issue as there are existing Ordinary Shares and therefore Shareholders will not be diluted (other than as a result of the Capital Raise).

The New Ordinary Shares will have the same rights as those currently accruing to the existing Ordinary Shares in issue, including those relating to voting and entitlement to dividends. New share certificates for New Ordinary Shares will not be issued and the existing certificates will remain valid.

The Deferred A Shares will have no significant rights attached to them and will carry no right to vote or participate in distribution of surplus assets and will not be admitted to trading on the AIM market of the London Stock Exchange. The Deferred A Shares will effectively carry no value.

Anti mining....don't dig there own holes........:-)

Cant help it sorry....Im simple

I think it is important that the team in Sweden respond to these ridiculous claims (eg from blind) . The share price just dropped from 2 to 1.5 based on perception only, we have to respond.

Eytan will just lie, he has a lot of history of that. We need actual news regarding Uruguay

Yes Eric, this is the court, albeit the court in Sweden.............

After the case ended December, 6 months to deliberate............Just amazing

We need the court to get off their backside and close the case. How difficult can it be.

Another "Not on my doorstep" merchant......idiots

Dr Pin

I would love to know what you saw in the RNS that made you think that something has changed regarding the grades.

Acker, after you listen, you will be where I was this morning, asking why the hell the SP is dropping..........The RNS is only good news. I accept as someone suggested that many are taking profit, but they made their profit smaller because they sold today....Ho Hum

Hasiba Ditto, it just seems that people sell after an RNS, regardless of what it says hahaha

I only read the summary at the front. I read 1.8million tons and justifying the accelerated plant. Where did 400kg come from

Raaydar. I guess you didnt read or listen to the presentations regarding the premium for higher grades

I dont believe it. To my knowledge the hearing is over. We are just waiting on the court ruling, why would the ruling be delayed, its not like they will listen to more evidence. Sure I understand the delay from Jan to allow the courts deliberation, but the case is over......Unless the law is sooooo much different in Sweden

Thanks for the link.

Its the Extension to Feb 23 I don't understand......Surely this isn't another bunch of clowns burying their heads in the sand and voting against the govt and the EU.........

Que?