Gunsynd Share Discussion Threads

[tomboyb] 24/11/2016 10:59

Cash position - 358k at July + 350k raised - £100K spent on Zenith

+ All other investments

- Alba + cash would probably = the current market cap on its own

[tomboyb] 24/11/2016 10:45

24/11/2016 10:43am
UK Regulatory (RNS & others)

Gunsynd (LSE:GUN)
Intraday Stock Chart
Today : Thursday 24 November 2016

Click Here for more Gunsynd Charts.
TIDMGUN

RNS Number : 0607Q

Gunsynd PLC

24 November 2016

Gunsynd plc

("Gunsynd" or the "Company")

Further Investment in Zenith Energy

Gunsynd Plc (AIM: GUN; ISDX: GUN) is pleased to announce that it has purchased a total of 731,000 shares in Zenith Energy Limited ("Zenith"), a junior oil and gas E&P company quoted on the Toronto Venture Exchange in Canada with an oil production company based in Azerbaijan. This represents approximately 1.14% of the outstanding number of shares of Zenith and the approximate consideration paid was GBP35,000.

On November 21 Zenith announced that the first two payments have been received for invoices generated for producing Ural crude oil from the Muradxanli-Zardab-Jafarli field in Azerbaijan during August and September 2016. The crude oil was sold to Azerbaijan's state oil company SOCAR. These payments equate to approximately $360,000 US per month.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

The directors of Gunsynd accept responsibility for this announcement.

For further information please contact:

Gunsynd plc: [phone]
Hamish Harris

Donald Strang

Nominated Adviser/ISDX Corporate Adviser: [phone]
Cairn Financial Advisers LLP

James Caithie / Liam Murray

Peterhouse Corporate Finance (Joint Broker) [phone]
Lucy Williams

This information is provided by RNS

[scotty666] 22/11/2016 09:34

One thing I would like to point out is the directors paid themselves close to nothing (ok 6k but a poxy amount accrued. You dont see that on AIM very often !!!

[cpap man] 22/11/2016 07:15

And another RNS [results] out this morning from GUN....



Outlook



The Company has made good progress with its current portfolio.



We are awaiting proposals from HHDL on the next phase of operations at Horse Hill. The Company sees significant potential for commercial development of both the Portland and Kimmeridge intervals.



Likewise we are very enthusiastic about the nearby and soon to be spudded Brockham side track well which we have exposure to via our investment in Alba Mineral Resources.



BTHL after some issues with ground conditions has made significant progress over the last few months with production increasing from 4.8tonnes of Wo3 concentrate in August to 11.86 tonnes in October. Licensing for the new mine at Tarantula is also well advanced with all the relevant reports submitted to the Mines Department and Environmental Agencies and are now awaiting final approval. Previous drilling at Tarantula has shown it to have ore grades similar to Bodó.



The Company also has a stake in Georgian Mining Company which has multiple (gold and copper) near term production targets identified at its Bolnisi project in Georgia. We look forward to the drilling results there over the coming months.



In November the company invested £100,000 in Zenith Energy by way of a convertible bond. Zenith's main asset is three licences in Azerbaijan currently producing just over 300 barrels of oil per day. Upside potential exists via both working over existing wells and drilling new wells.



In addition the Company has been very active in reviewing additional investments in the natural resources sector and hopefully one or more can be concluded in the near term. We also see opportunities in the short term trading of assets where liquidity and value provide potential for very good returns.



The Board would like to take this opportunity to thank our shareholders for their continued support and I look forward to reporting further progress over the next period and beyond.





Hamish Harris

Executive Chairman



21 November 2016

[cpap man] 21/11/2016 08:10

Yes very nice RNS this morning from GUN....



Hamish Harris, the Company's Chairman, commented:



"This initial investment by Gunsynd provides an excellent opportunity for the Company to participate in a proven low cost producing field with substantial upside from both workovers and new drilling. The Company looks forward to participating with Zenith Energy in optimising the potential of these three fields."

[flashheart] 21/11/2016 08:05

Nice RNS this morning!

[tomboyb] 16/11/2016 12:08

Can buy OR sell large chunks today -

Either way -

[master rsi] 15/11/2016 15:39

to move higher naturally going by the large volume today as is bouncing after retracement.

2 more buys since the moved up paying 0.063p for the 9.5m and 0.062p for the 2.4M, this trade got the MM moving to bid price so now there are 2 MM at bid price

[colin12345678] 15/11/2016 15:02

What we expecting here guys short term?

[master rsi] 15/11/2016 14:58

I managed to hit them hard with the 3M buy @ 0.06p

Did not wanted to do it, asking for premium 0.063p, but I did not come down with the limit and it seems eventually the MM bought 2X500K from the other MMs and managed to do the deal

[knicol46] 15/11/2016 14:15

currently cant buy small volume - tick up(s) coming

[scyther] 12/11/2016 13:02

Does anyone think the 20 million options available to the directors at 0.22p (4 times current shareprice) will act as a definite target over the short to medium term?

[tomboyb] 10/11/2016 12:25

scott - Becomes the 2nd largest shareholder in GUN

well done for getting at these levels -

One good investment + an update should see these double or much more -

[tomboyb] 10/11/2016 11:57

Gunsynd PLC Holding(s) in Company

10/11/2016 11:54am
UK Regulatory (RNS & others)

TIDMGUN

RNS Number : 8854O

Gunsynd PLC

10 November 2016


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------



1. Identity of the issuer or Gunsynd PLC
the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
----------------------------------------------------------- -----------------
2 Reason for the notification (please tick the appropriate
box or boxes):
------------------------------------------------------------------------------
An acquisition or disposal of voting rights X
------------------------------------------------------------ ----------------
An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
------------------------------------------------------------ ----------------
An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
------------------------------------------------------------ ----------------
An event changing the breakdown of voting rights
------------------------------------------------------------ ----------------
Other (please
specify):
---------------------------------------------------------- ----------------
3. Full name of person(s) Neil Scott
subject to the
notification obligation:
(iii)
----------------------------------------------------------- -----------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
----------------------------------------------------------- -----------------
5. Date of the transaction 10(th) Nov 2016
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- -----------------
6. Date on which issuer 10(th) Nov 2016
notified:
----------------------------------------------------------- -----------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 5%
----------------------------------------------------------- -----------------



8. Notified details:
------------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction

if
possible
using
the ISIN
CODE
----------- ---------------------------------------------- -----------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
----------- --------------- ----------------------------- ------------- -------------------------- ----------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
----------- ----------- ----------- ------------ ------------- ------------- ----------- ----------- ---------

55,000,000 55,000,000 90,000,000 90,000,000 5.1% 5.1%
----------- --------------- ----------------------------- ------------- ------

[tomboyb] 10/11/2016 11:56

Scott - up to 90 million now!

RNS!

[scotty666] 10/11/2016 11:54

They need to update on the Tungsten which isnt so easy given its a holding through BTHL, but at the end of the day it is producing and we need to know what the future plans are.

With base metals starting to surge I just hope they get an investment (assuming in this field) away soon and update the market.

Finally results normally in December should provide a broad update and perhaps Hamish will get some skin in the game as well at some point !!

[scyther] 09/11/2016 15:39

Very true and added today at 0.54Something like mossman or brockham related would blow the doors off

[tomboyb] 09/11/2016 13:41

MSMN - What can happen with an interesting investment -

GUN has the monies now needs to make an investment -

[scyther] 08/11/2016 13:21

Lol that's what I meant 0.1 rather than a full penny. Basically a near 100% move on taking a stake in Angus energy

[scotty666] 07/11/2016 12:48

If they take a stake then hopefully we will see a repeat of the upside realized in their ALBA holding. As nice as a penny would be I think it will take a tad more news flow to get us anywhere near.

Lets try and hurdle 0.1p first and stay above it.
Good Luck

[scyther] 07/11/2016 12:46

Once Angus energy lists and gun take a stake these will be over a penny IMOthoughts anyone?

[tomboyb] 31/10/2016 10:58

Very cheap -

Bought 10% Tungsten Mine stake for $1mill and looks like production is at recc

- Monies raised recently

- 2nd largest shareholder in Alba

- If things go their way then this could double triple quite quickly

- We still do not know what the new monies will be used for

[tyranosaurus] 31/10/2016 10:31

I think Alba are moving up because there is a large buyer.
Wonder who it can be ???

[ryan83] 31/10/2016 10:20

cheap down here tomboyb

[tomboyb] 31/10/2016 09:57

Looks like GUN stake in Alba has almost doubled -

If this is a mediumk term hold and Alba announce a good update it could go up a lot further -