Directex Real Share Discussion Threads

[pwhite73] 21/11/2010 22:13

Q What is the current NAV value being used in considering capital raising?
A That is price sensitive so I cannot answer

Oh come on. The "TOTAL NET ASSET" as per the half yearly report to 30 June 2010 stood at £1,400,000. Hardly price sensitive material.

[marab] 21/11/2010 22:04

marab - 21 Nov'10 - 17:07 - 7 of 37 edit

Me too. So with the 2 funds that should be 33% so far. 17

That 17 was my guess as to when PWhite would post, but I didn't know that Kenny had arranged the thing with TW. STill - I got the 7 part right.

[pwhite73] 21/11/2010 21:50

Q Can you confirm what you are proposing to bring to increase shareholder value in the coming months?

A Our position, track record & ability to move fast means we get offered opportunities others do not.

What are opportunities are these if the cash is to be invested in already listed companies on the Canadian and Australian stock markets.

[kennyruss] 21/11/2010 21:48

ok got final answers to last 3 questions...

get your holdings up again - yeh I know, many have posted already, but new thread and that:)

[kennyruss] 21/11/2010 21:39

ok I reckon thats enough questions, everything kinda answered - dont want to overcrowd thread

[engelo] 21/11/2010 21:36

Kenny: yes we're overlapping. wd still like to ask Q1 (est EGM date) and Q4(NAV value being assumed) tks engelo

[lufc5] 21/11/2010 21:35

Kenny.
TW's t1ps fund bought into CHC at 0.1p(now over 0.3). Is this a type of investment he would be interested in(if it was a junior silver play/yet to list)?
Also, have a few silver stocks shot their bolt(so to speak), as an example Great Panther(GPR)(made a few bob there myself) have about trebled in not many months?
Cheers.

[kennyruss] 21/11/2010 21:32

engelo egm question yeh...

kinda answered the capital/placing one just now..

[engelo] 21/11/2010 21:30

Kenny: just gor in. Well done so far, and thanks.


What is the expected timeframe of the EGM?

Are there any plans to raise additional capital? edit Superseded

Placing or otherwise? edit Superseded

What is the current NAV value being used in considering capital raising?

[kennyruss] 21/11/2010 21:15

good one LUFC5

[lufc5] 21/11/2010 21:14

Kenny.
Q Will he be investing in only listed companies or also in private non listed?

[kennyruss] 21/11/2010 21:14

albert he has kinda answered it

We will invest in shares in silver companies where we can get an attractive "in" and where we see compelling upside at current prices ($26). We see silver at $45 by next year and so expect that the operational gearing that delivers will deliver big gains. Our position, track record & ability to move fast means we get offered opportunities others do not.

I am going to give it a few hours for more questions...I feel most have been covered but don't be shy to post anything

[royalalbert] 21/11/2010 21:11

Hi Kenny, could you ask, assumption of forward price of silver, relative to today.
Thankyou.

[devil20] 21/11/2010 21:04

No questions from me. Everyone else has got a better idea. One thing I will say....TW working on a Sunday evening can only be a good sign.

[knowsleyman] 21/11/2010 20:56

Is there going to be a rights issue to raise additional funds or a an open offer with a discounted placing?

[kennyruss] 21/11/2010 20:36

Ok I have the answers already, will be posting em up now, keep your questions coming in!!

[kennyruss] 21/11/2010 20:28

lol, Marab - I'll post the responses as I get them:)

[marab] 21/11/2010 20:27

Couldn't make it tomorrow could you so we can get some more shares first?

[marab] 21/11/2010 20:09

Do we know when TW will respond.

[kennyruss] 21/11/2010 19:59

excellent stuff guys

[soulsauce] 21/11/2010 19:58

Tom

How soon will you need to raise money to make investments in silver miners as I assume buyers will hold off until you are fully funded?

[fairdeal2008] 21/11/2010 19:54

What level of underlying cash burn does he see for Woodburn running the company going forward and how does this compare to the figure of £150,000 per annum I believe was suggested by previous management?

What proportion of activities will be silver focused and where (ie which commodities) does he anticipate the balance of effort will be expended?

Is is happy with current share price and think it reflects the value and potential of the company?

How will acquisitions be funded?

Is he looking to invest in straight on market stakes or through more innovative mechanisms?

How long does he anticipate the company taking before starting to release potential/actual acquisition opportunities?

What makes him/ the company so sure they have the resources to identify valuable opportunities and secure the funding/financing to enableDXR/Woodburne to maximise the potential return to shareholders?

[cps1959] 21/11/2010 19:48

Tom

I'll Kick it off.

Can you confirm what you are proposing to bring to increase shareholder value in the comming months.