Time to open discussion ! It's about time somebody started talking about this company (No posts since 19/5/15).....They are going places. Don't miss the ride, it could be exciting !
30 million shares traded : who is out ? As far as I noticed only Artemis could be the seller if Henderson and Oryx stay in as main shareholders. But even then, who is the buyer ? 30 million shares is about 10% of SBS. There must be something going on and we will probably know soon. Merger or takeover ? But don't expect a large premium... if some party is selling 30 million at 16.60 p the premium must be almost in the price except if the seller is getting something in return.Ambiorix.
Re: Bolnisi Equity placing US$3 million due ... Alecto Minerals have this morning announced a placing to raise £1.54M by issue of 943,750,000 new ordinary shares. This significant dilution has knocked 33% off the ALO share price. How low will NMG share price go when Greg Kuenzel announces the next placement to raise US$3M for Bolnisi? We'll be down to 0.08p probably lower.
Another laughable, meaningless RNS [link] old BS from the serial charlatan Phil Letts. Why on earth haven't the board sacked him yet?The 'completed' metric is a good wheeze and designed to mislead. I would bet my arm this includes projects that were 'pitched for' and subsequently lost.
has anyone bought any more shares today?
Re: Dividend my calculations there are still something like 2m outstanding exercisable warrants & options. I've been waiting for the annual report to see how accurate my estimates are. I'd expect these to be exercised before the ex-divi date, maybe they're waiting until the directors, mainly, can rustle up the cash to exercise them.Just a thought from a cynical old investor.
not allowed*
I have seen this before when negotiations are in progress for legal stipulations I am sure either party are allowed to comment or discuss anything until proceedings have ended but that was for a limited company i was buying and not a PLC so i am not sure if that is different
Re: Indaknow cult L, As current market cap reasonably consistent and well in excess of net value of an award without factoring litigation risk, appears that this view not widely held..Get those shorts on...MW.
Re: Strange share pricing of QIF All discounts mentioned in previous post are of course, share price discount(s) to NAV - missed off the 'NAV' when discussing the QIF share price and its current discount to the investment fund NAV (i.e. the value of its investments). As always, do your own research.
NEW ARTICLE: The Oil Man: Premier, Falkland Oil, Andes Energia, Nostra Terra "WTI (Dec expiry) $40 39 -15c, Jan $41.19 +65c, Brent $44.66 +48c, Diff $3.13 -51c, NG $2.14 -13cOil was up a little last week, but any rise was unconvincing and as we head towards Thanksgiving and the OPEC meeting, the one thing you can expect is ..."[link]
interim results Not the reaction from the market I was expecting.
@longovershort @Mattitus @sharepicking #AEX #UJO # EVO #88E #UKOG #PXOG MicroCaPicks [link]
@longovershort @Mattitus @sharepicking #AEX #UJO # EVO #88E #UKOG #PXOG MicroCaPicks [link]
@longovershort @Mattitus @sharepicking #AEX #UJO # EVO #88E #UKOG #PXOG MicroCaPicks [link]
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