Broca Share Discussion Threads

[stu31] 05/4/2024 00:16

BLACKROCK SILVER EXERCISES OPTION TOBUY TONOPAH WEST PROJECT
March 13, 2024
Vancouver, British Columbia – March 13, 2024. Blackrock Silver Corp. (TSXV:BRC) (the “Company”; or “BlackrockR21;) is pleased to announce that the Company has exercised its option (the “Option”) to acquire a 100% interest in the Tonopah West project (“Tonopah West”) pursuant to an option agreement dated February 24, 2020 (the “Option Agreement”) between the Company’s wholly-owned Nevada subsidiary, Blackrock Gold Corp., and Nevada Select Royalty, Inc. (“Nevada Select Royalty”), a wholly-owned subsidiary of Gold Royalty Corp. Tonopah West consists of 101 patented and 19 unpatented lode mining claims covering mineral rights on approximately 1,380 acres (558.5 hectares) located within the historic Tonopah silver district in the Walker Lane trend of Western Nevada.

Andrew Pollard, President and Chief Executive Officer of the Company, commented: “In the four years since we first optioned Tonopah West, it has quickly emerged as one of the best silver discoveries of the decade, cementing its status as the highest-grade undeveloped large silver project in the world[1], and we’re excited to now complete our acquisition granting us 100% ownership of the property. With title in-hand, we are now squarely in the driver’s seat to continue on our mission to quickly de-risk and advance the project through further engineering, hydrologic and metallurgic studies, while pursuing the vast resource expansion potential.”

David Garofalo, Chairman and Chief Executive Officer of Gold Royalty Corp, commented “The Blackrock team has delivered significant value with their advancement of the Tonopah West project, which has quickly become one of the most exciting precious metals projects in Nevada. We are encouraged to have continued exposure to the project through our royalty interest, and for Blackrock to continue to deliver on their strategy of unlocking the value of the project.”

In connection with the exercise of the Option to acquire Tonopah West, the Company made payments to Nevada Select Royalty totalling US$3 million over a 4-year term, with a final cash payment in the amount of US$1,000,000.

Pursuant to the terms of the Option Agreement, Nevada Select Royalty retained a net smelter returns royalty (the “Royalty”;) on Tonopah West equal to 3.0% of the net value of all precious and base metals, products and materials of commercial value mined and removed from Tonopah West and sold by the Company. Under the terms of the royalty agreement (the “NSR Agreement”), the Company is required to pay Nevada Select Royalty an annual advance minimum royalty of US$50,000 (each, an “Advance Royalty Payment”) until the earlier of the commencement of commercial production at Tonopah West or the twentieth (20th) anniversary of the effective date of the NSR Agreement. All Advance Royalty Payments made by the Company will be credited towards any future royalty payments to Nevada Select Royalty.

The Royalty also covers 64 unpatented claims staked by the Company in July 2021 which fall within the one (1) mile area of interest delineated by the Option Agreement. Such additional claims cover 1,280 acres (518 hectares) bringing Tonopah West to a total size of 2,660 acres (1076.5 hectares).

About Blackrock Silver Corp.

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration company driven to add shareholder value via the drill bit. With 6.12 million tonnes grading 508.5 g/t silver equivalent[2] at its Tonopah West project, and a new bonanza-grade gold discovery at its Silver Cloud project, the Company has a proven track record of exploration success. In addition to its gold and silver project portfolio, the Company is credited with a lithium discovery, the Tonopah North project, which is under option to a lithium exploration group. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

[stu31] 05/4/2024 00:15

BLACKROCK SILVER CLOSES $5.75 MILLION BOUGHT DEAL FINANCING; OVER-ALLOTMENT OPTION EXERCISED IN FULL
January 26, 2024
Vancouver, British Columbia – (January 26, 2024) – Blackrock Silver Corp. (TSXV: BRC) (the “Company”; or “BlackrockR21;) is pleased to announce that it has completed its previously announced and upsized “bought deal” public offering of 28,750,000 units of the Company (each, a “Unit”) at a price of $0.20 per Unit (the “Offering Price”) for aggregate gross proceeds of $5,750,000 (the “Offering̶1;). The completed Offering includes the exercise in full of the Underwriters’ (as defined herein) over-allotment option for the sale of 3,750,000 Units for proceeds of $750,000.

Each Unit consists of one common share of the Company (each, a “Common Share”) and one half of one Common Share purchase warrant (each whole warrant, a “Warrant”;). Each Warrant entitles the holder thereof to purchase one Common Share of the Company at a price of $0.30 at any time on or before January 26, 2027.

The Offering was conducted by Red Cloud Securities Inc., acting as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters which included Leede Jones Gable Inc., PI Financial Corp. and Research Capital Corporation (collectively, the “Underwriters”). In connection with the Offering, the Company paid to the Underwriters a cash commission of $336,000 and issued to the Underwriters 1,680,000 Common Share purchase warrants (the “Compensation Warrants”). Each Compensation Warrant entitles the holder thereof to acquire one Common Share at a price of $0.20 per Common Share at any time on or before January 26, 2027.

The Offering was completed pursuant to a prospectus supplement of the Company dated January 19, 2024 to the short form base shelf prospectus of the Company dated August 4, 2023 in each of the provinces and territories of Canada (except Québec), and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) and applicable state securities laws and other jurisdictions. The Offering remains subject to the final approval of the TSX Venture Exchange (the “TSX-V”).

The net proceeds raised under the Offering will be used by the Company to complete the final option payment on the Company’s flagship Tonopah West project (“Tonopah West”) in Nevada, after which the Company will own 100% of Tonopah West, for expansion drilling and to continue with metallurgical characterization, engineering evaluation, and hydrological assessment at Tonopah West, as well as for general working capital and corporate purposes.

One insider of the Company purchased or acquired direction and control over a total of 75,000 Units under the Offering. The sale to such person constitutes a “related party transaction” within the meaning of TSX-V Policy 5.9 (the “Policy”) and Multilateral Instrument 61‑101 ‑Protection of Minority Security Holders in Special Transactions (“MI 61‑101”) adopted in the Policy. The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61‑101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61‑101 in respect of the related party participation in the offering as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related party, exceeded 25% of the Company’s market capitalization (as determined under MI 61-101).

The securities offered pursuant to the Offering have not been, nor will they be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Blackrock Silver Corp.

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration company driven to add shareholder value via the drill bit. With 6.12 million tonnes grading 508.5 g/t silver equivalent[1] at its Tonopah West project, and a new bonanza-grade gold discovery at its Silver Cloud project, the Company has a proven track record of exploration success. In addition to its gold and silver project portfolio, the Company is credited with a lithium discovery, the Tonopah North project, which is under option to a lithium exploration group. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

[stu31] 30/1/2024 18:33

Andrew Pollard of Blackrock Silver Corp. presents at Metals Investor Forum | January 19-20, 2024

[stu31] 21/1/2024 21:33

BLACKROCK SILVER ANNOUNCES UPSIZE TO PREVIOUSLY ANNOUNCED BOUGHT DEAL FINANCING TO $5.0 MILLION

January 19, 2024
Vancouver, British Columbia – (January 19, 2024) – Blackrock Silver Corp. (TSXV: BRC) (the “Company”; or “BlackrockR21;) is pleased to announce that the Company has increased the gross proceeds of its previously announced “bought deal” public offering to C$5,000,000 (the “Offering̶1;). The Offering has been upsized to include an investment from a singular strategic investor that will allow for the drilling of high-priority resource expansion targets at the Company’s flagship Tonopah West project in Nevada (“Tonopah West”).

Under the Offering, the Underwriters (as defined herein) have agreed to purchase for resale 25,000,000 units of the Company (each, a “Unit”) at a price of C$0.20 per Unit (the “Offering Price”). Red Cloud Securities Inc. is acting as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “Underwriters”).

Each Unit will consist of one common share of the Company (each, a “Common Share”) and one half of one Common Share purchase warrant (each whole warrant, a “Warrant”;). Each whole Warrant shall entitle the holder to purchase one Common Share of the Company at a price of C$0.30 at any time on or before that date which is 36 months after the closing date of the Offering.

The Company has granted to the Underwriters an option exercisable at the Offering Price for a period of 30 days after and including the closing date of the Offering, to purchase for resale up to an additional 15% of the number of Units sold under the Offering to cover over allotments, if any, and for market stabilization purposes. The Offering is expected to close on or about January 26, 2024 (the “Closing Date”) and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

The net proceeds raised under the Offering will be used by the Company to complete the final option payment on Tonopah West, after which the Company will own 100% of Tonopah West, for expansion drilling and to continue with metallurgical characterization, engineering evaluation, and hydrological assessment at Tonopah West, as well as for general working capital and corporate purposes.

The Units will be sold by way of a prospectus supplement to be filed in all of the provinces of Canada except Québecto supplement the short form base shelf prospectus of the Company dated August 4, 2023. The Units may also be sold in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and in such other jurisdictions outside of Canada and the United States, in each case in accordance with all applicable laws provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction.

The securities being offered pursuant to the Offering have not been, nor will they be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Blackrock Silver Corp.

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration company driven to add shareholder value via the drill bit. With 6.12 million tonnes grading 508.5 g/t silver equivalent[1] at its Tonopah West project, and a new bonanza-grade gold discovery at its Silver Cloud project, the Company has a proven track record of exploration success. In addition to its gold and silver project portfolio, the Company is credited with a lithium discovery, the Tonopah North project, which is under option to a lithium exploration group. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

[stu31] 14/1/2024 23:48

WEBINAR - Blackrock Reports 6.12 Million Tonnes Grading 508.5 G/T AgEq For 100.04 Million Oz AgEq

[stu31] 14/1/2024 23:43

BLACKROCK SILVER ANNUAL LETTER TO SHAREHOLDERS

December 28, 2023, ‑ Vancouver, British Columbia. Blackrock Silver Corp. (the “Company”;, “BlackrockR21;, “we”, “our” or “us”) is pleased to provide the following Shareholder letter.

Dear Shareholders,

2023 proved to be a pivotal year for us, with our flagship Tonopah West project stepping into the spotlight as one of the preeminent silver deposits in the industry having surpassed 100M AgEq ounces at a block diluted grade of 509 g/t AgEq following delivery of our latest mineral resource estimate (MRE) in October[1].

Less than four short years from our initial discovery hole, we have now delivered two mineral resource estimates, rapidly creating intrinsic value at the project level with our latest MRE seeing our ounces increase by 2.36X and grade improve by 14%. Further expansion potential requires no leaps in logic, with “step-in”; drilling along the vein corridor easily conveyed that will seek to connect our 3 deposit areas together as one cohesive silver-gold system spanning over 4 kilometres, while also remaining wide open along strike to the northwest and at depth. Your Company has overseen one of the largest new silver discoveries of the last decade and has cemented Tonopah West’s position as the highest-grade undeveloped large silver-rich project in the world[2].

In addition to high grades and significant size potential, another clear differentiator of Tonopah West is the straightforward metallurgy. All of the historic production from the Tonopah silver district[3] was from a doré produced at site. Well known Kappes and Cassidy and Associates from Reno, Nevada, completed our initial test work which lines up very well with historic reports, with recoveries averaging 95% for gold and 87% for silver, with no need envisioned for costly extra steps to create a lead/zinc concentrate or requiring the involvement of a smelter.

With our resource situated entirely on patented claims in Nevada, the Tonopah West project has a streamlined process with the State of Nevada for exploration, development and construction applications and approvals.

As 2023 comes to a close, the Company is in the process of finalizing its 2024 plans that are to be duel focused on both resource expansion and the continued de-risking of the project. Further infill drilling is planned to link the deposits as one, and engineering and hydrologic studies are already underway, all of which will form the basis for a maiden preliminary economic analysis anticipated in 2025.

But that’s not all. At Silver Cloud the Company made a bonanza grade gold and silver discovery at the Northwest Canyon target (see January 17, 2023 news). The follow-up of the discovery intercept (70 g/t gold and 600 g/t silver over 1.5 metres) was initiated in 2023, but following the high grade has proven to be tricky, though I’m confident the Nevada team will sort it out.

In 2023, the Company completed an Exploration and Development Agreement on Tonopah North (see January 10, 2023 news). Our partner, Tearlach, is spending their money to explore for and develop a lithium deposit on our land holdings, and shareholders will control 30% of a potentially large lithium resource if our partner is successful.

With gold recently surpassing all time highs, and silver consumption projected to put the metal into deficit territory next year, there’s a lot of light quickly emerging at the end of the tunnel for investors, especially with the Fed now openly projecting rate cuts following the most aggressive hiking cycle in modern history. We’ve navigated the choppy waters of the industry as best we could over the last few years, doing so without blowing out our share structure and with a resolute focus on adding substantial intrinsic value at the project level. This is a management team that prides itself on doing what it says they’re going to do. The day is coming, and it’s my vision that day is very soon, where it, and we, will be rewarded for that in the marketplace.

For those wanting to learn more about our story, I invite you to watch our short presentation from the Precious Metals Summit Zurich in November: Watch Here

I wanted to take the opportunity to thank all those stakeholders that supported us this year, our incredible team, Board of Directors, consultants, advisors, lawyers, bankers, and all those that played their crucial part in our story. Our Nevada technical team, led by Bill Howald, have done a masterful job in taking the project from what were a few conceptual drill targets just a handful of years ago to making one of the great silver discoveries of the decade, while bringing new life to one of Nevada’s most cherished mining camps in the process.

Most of all, I wanted to thank our shareholders for their continued support. Blue skies ahead!

On behalf of everyone at Blackrock Silver, I wish you all a very healthy and prosperous New Year!

Sincerely,

Andrew Pollard,

Blackrock Silver, President & Chief Executive Officer

About Blackrock Silver Corp.

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration company driven to add shareholder value via the drill bit. With 6.12 million tonnes grading 508.5 g/t silver equivalent[4] at its Tonopah West project, and a new bonanza-grade gold discovery at its Silver Cloud project, the Company has a proven track record of exploration success. In addition to its gold and silver project portfolio, the Company is credited with a lithium discovery, the Tonopah North project, which is under option to a lithium exploration group. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

[stu31] 14/1/2024 23:37

BLACKROCK ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE FOR THE TONOPAH WEST PROJECT.

Reports 6.12 Million Tonnes Grading 508.5 G/T AgEq For 100.04 Million Ounces AgEq

October 10, 2023, ‑ Vancouver, British Columbia. Blackrock Silver Corp. (the “Company”; or “BlackrockR21;) is pleased to report the results for its updated mineral resource estimate (the “Updated MRE”) for its 100% controlled Tonopah West project (“Tonopah West”), located in the Walker Lane trend of Western Nevada. Tonopah West is conveniently situated directly adjacent to the town of Tonopah in Western Nevada, with highway US 95 traversing the property, and the resource area lies exclusively within patented mining claims. All amounts herein are presented in United States Dollars unless otherwise stated.

HIGHLIGHTS:

The Updated MRE contains a total of 0.57 million ounces (“Moz”) of gold and 47.74Mozs of silver or 100.04Mozs of silver equivalent (“AgEq”), which is a 135% increase over the maiden resource estimate for Tonopah West (the “Maiden MRE”) included in the technical report dated effective April 28, 2022;
At a 200 g/t AgEq cut-off, the average grade of the inferred mineral resource is 508.5 g/t AgEq, which is a 14% increase over the Maiden MRE;
The Updated MRE includes 6.12 million tonnes, which is a 106% increase over the Maiden MRE;
Blackrock’s discovery costs are $0.29 per ounce of AgEq;
The Updated MRE is based on a structural re-interpretation of the Victor and DPB areas and incorporation of the new drill information from the Northwest Step Out target. The Updated MRE captures approximately 3-kilometres of strike along the Tonopah West vein system;
Silver and gold mineralization remains open to the northwest and internally between Victor and DPB, and DPB and the Northwest Step Out target, and at depth; and
Blackrock Silver to host investor webinar Wednesday, October 11, 2023 at 1:00 p.m. Pacific Time.

[stu31] 15/11/2021 17:36

Silver & Gold 10x Bagger Potential Stocks - Jeff Clark

[stu31] 27/10/2021 15:43

2021 StockPulse Silver Symposium | Jeff Clark Keynote: What the Next Silver Run Could Look Like

[stu31] 27/10/2021 15:40

Blackrock Announces Increase Of Private Placement To C$7.0 Million
Post published:October 25, 2021

Vancouver, British Columbia – (October 25, 2021). Blackrock Silver Corp. (TSXV: BRC) (the “Company”;) is pleased to announce that, due to demand from potential investors, its nonbrokered private placement announced on October 20, 2021 has been increased by C$1,000,000 (or 1,250,000 units) to 8,750,000 units (the “Units”) at a price of C$0.80 per Unit for gross proceeds of C$7,000,000 (the “Offering̶1;) and is fully subscribed. Each Unit is comprised of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share in the capital of the Company at a price of C$1.20 per share for a period of two years from the date the Units are issued.

The terms of the Offering and the Units, the proposed use of proceeds, possible finders’ fees, and some anticipated insider placees are otherwise as previously disclosed.

The Offering is now scheduled to close on or about November 3, 2021, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act “) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Blackrock Silver Corp.

Blackrock is a junior gold-focused exploration company that is on a quest to make an economic discovery. Anchored by a seasoned Board, the Company is focused on its Nevada portfolio of properties consisting of low-sulphidation epithermal gold & silver projects located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

[stu31] 27/10/2021 15:30

193+28.7m shares in issue. 225.1+m FD. Market Cap C$48m (£28m) at 25c
Cash $2.2+5.7m (8/23) Sprott + First Majestic P 20c (1/24)

website:

Blackrock’s flagship Tonopah West project consolidates the western half of the famed Tonopah Silver District within the Walker Lane trend of Nevada. Known as the Queen of the Silver Camps, the Tonopah Silver District produced over 174 million ounces of silver and 1.8 million ounces of gold from approximately 7.5 million tonnes of high-grade silver-gold making it one of the most significant silver-gold districts in North America. With 30,000m of exploration drilling completed in 2020, and a 40,000m core drilling program underway, Blackrock aims to deliver a maiden resource estimate by the end of 2021 as the first group to target the historic workings on the property since production shut down nearly 100 years ago.

Tonopah West: 100% Controlled District Leading Package
• Western extension of the famed Tonopah silver district with control over more than half of what is the second-largest silver district (behind only the Comstock Lode) in Nevada
• 50-year high-grade production profile that averaged 1,384 g/t Ag and 16 g/t Au
Oct23.The Updated MRE contains a total of 0.57 million ounces (“Moz”) of gold and 47.74Mozs of silver or 100.04Mozs of silver equivalent (“AgEq”), which is a 135% increase over the maiden resource estimate for Tonopah West (the “Maiden MRE”) included in the technical report dated effective April 28, 2022;
At a 200 g/t AgEq cut-off, the average grade of the inferred mineral resource is 508.5 g/t AgEq, which is a 14% increase over the Maiden MRE;
The Updated MRE includes 6.12 million tonnes, which is a 106% increase over the Maiden MRE;


Silver Cloud: 100% Controlled
• Large land package consisting of 572 mining claims covering 45sq km (+12,000 acres)
• Spinout contemplated

Andrew Pollard of Blackrock Silver Corp. presents at Metals Investor Forum | January 19-20, 2024

[loftus16] 12/8/2014 08:10

No as it should just be a formality. Looking forward to the implementation of their investment program however.

[little minx] 11/8/2014 15:14

Anybody attending tomorrow?

[loftus16] 30/7/2014 17:11

euclid5, don't overlook their other advisory fee paid work. Highly profitable in isolation. Look at the AA effect on Cenkos.

There is an intriguing jigsaw forming which recent developments elsewhere are making more pertinent. If that comes to fruition then all well and good.

[euclid5] 30/7/2014 14:19

Issue here is they will have 1.845b shares in issue - but the upside it will buy a stake in CTP or issue a sensible loan to them to expand further their business model

Plus large holders own 90% os BRC shares so only 184m in free float

agree smithie6 - UBC holders lost out after SC sold off Boom for nothing - should of bought into Boom on 1st day of re listing into RTO

[loftus16] 29/7/2014 22:29

Cash will be nearer £11m. No idea how long it will last but the relative share prices, post their maiden deals, tell what the wider market's view is. Put it this way, we've had our placing for now, so who's next? We will be advising and charging a fee to whoever it is. The bigger the better.

[euclid5] 29/7/2014 16:30

Loftus - good point about the dilution factor - yet so many AIM BoD's over dilute holders & thin out the NPV asset value so many times - yet only 184m free float shares in this after RTO on 90% majority holders of the total 1.845B shs

Issue is after they use up the £8.2m cash will they raise more & dilute again - personally think CTP maybe the better punt out of these 2 - even they are closely related

"What people fail to grasp, time and time again, is that dilution only becomes problematic if the underlying rationale behind it is flawed"

[loftus16] 28/7/2014 21:33

With an eventual controlling interest of 51% worth circa £17.5m it is abundantly clear that this is now the flagship mxc quoted vehicle. This single holding will be worth more than all their other quoted investments combined.

The dilution has been extreme (18.5x since mxc took over) but it follows the pattern at ACM 3x dilution, RCN 2.3x, and Redstone/Castleton 34x (unadjusted for the RCN demerger).

ACM and RCN have both appreciated whilst original Redstone holders are still underwater even after allowing for their RCN demerged shares.

What people fail to grasp, time and time again, is that dilution only becomes problematic if the underlying rationale behind it is flawed.

[loftus16] 28/7/2014 12:30

Aviva out. Quite painless and well executed.

[loftus16] 28/7/2014 08:58

IDS in May. Very satisfactory imo.

[ibans] 17/7/2014 08:30

Good for CTP imo.

[loftus16] 17/7/2014 07:41

Bit muted considering.....

[readthismessagen0w] 20/5/2014 08:42

Hmmm, what do we have here? looks interesting :)

[g0ldfeverrush] 19/5/2014 08:58

Slow start this morning, few sells over the last few days.

Back to sleep lol