Member Info for Yanis2005

Added another million and a half today. When CLON goes ... it goes - it can shoot to over 1p in a flash.

Either Ghana ratification or Bolivia ratification will see this to multiples of current level. COVID restrictions will not last for ever.

That hefty trade definitely warrants an investor question. Is of concern - yes somebody bought it but who solid it and why? Why sell at the apparent SP low? What do they know?

I remember a similar situation during Vonk’s tenure where a large trade was followed a day or two later with a dive in the SP.

SP recovering nicely ... back up to double digit. The Director buys did the job :)

That leaves the question of who bought it though?

That now makes 0.75p the bottom - there are still 4 MMs sitting there.

Alan, if Angus is reporting correctly, then 2.96% of 916,502,269 is 27,128467 which is 2,516,467 more than the reported trade.

That sell is a worry! Who has that kind of shares to sell?

Ocelot, considering the Angus circumstances under this BOD - driving the SP down from 14p/12p to under 1p - a pay rise is not warranted at this stage.

Close the funding deal, get SF going, get cash flow ... then a pay rise may be warranted.

Yes, their salaries are low when compared with SS over at UKOG ... but they are not low when compared with most developing AIM companies in similar circumstances with no cash flow. Some are getting paid in shares ... others are on lower that £60k.

Personally, I have no problem with them getting a pay rise after they get cash flow coming in to the company, but not shareholders cash!

Alan, the BOD most certainly do not deserve pay rises and this should be made clear to them in investor questions. I doubt it though if the address it.

As far as eggs in one basket is concerned I am ok on that front as I have a few baskets, but is annoying, infuriating when my Angus basket is quite expensive! Nobody likes to loose that kind of money.

Up until a few weeks ago I was confident that I might recover the losses, particularly with the Forrest Nominee involvement. Not so sure now and Forest Nominees might be another Rupert Labrum. We will know by April - if middle of April comes and no funding is closed then it never will.

Highroller, assuming the delay in closing the funding deal are security issues as they RNS’ed, in your opinion, how long do you think it will take them to iron out the security issues? When do you expect completion?

Draw down later this month ... that is why I put a deadline in April, draw down was going to happen 2 months ago in January.

Our finance specialist MD that just heads a huge increase in salary has been working on this finance deal for over a year now - if it doesn’t close by April, it never will in my opinion.

Ocelot, nothing will please me more. But, if it doesn’t’ happen by April, then mine will be 100% (C).

SirBob, not even 50/50? You could be right though, my confidence is gone, leaning towards (C). I am preparing myself for a huge loss but I will be extremely happy if I am positively surprised and the deal closes.

What are the chances of the SF Finance Deal closing? A, B 0r C?

(A) 50/50

(B) 100%

(C) No way, 0%

The RNS we are expecting is an update on the surface drills, the results RNS is likely to come later on this month. Both should be excellent. GLTA

What is wrong with using real name?

BV, It certainly does worth an investor question - they should have taken a pay cut now, not a pay rise.

Pay rise should come with results.

The only result so far that this board achieved is killing the SP; 14p/12p down to a low of 0.4p and now 0.8p - decimated!

Conclude the SF funding deal, get SF going, get the SP up and then get a pay rise.

Damn disgraceful ... infuriating.

Nice steady ascent :)

Spread for 1 million shares now is

Buy @ 0.3545
Sell @ 0.332

Keep it going George :)

Both of this morning’s purchases now in profit :)

Thanks. Gkb. I was hoping that somebody, anyone, saw positive signs in their involvement other than purely investing in it like Rupert.

We’ll find out soon I suppose. Awarding themselves pay rises now is a disgrace and another kick in shareholders faces.

I am clutching at straws here for something good to come out of this but as the time passes ...

Too late ... 1,000,000 now costs 0.327 :)