Gunsynd Share Discussion Threads

[oakville] 11/6/2017 07:39

On investments alone this share price should be 0.09?

[dr jekyll] 07/6/2017 11:05

It is attractive to me so far :)

[bobby.ifa] 07/6/2017 10:53

This stock needs to do at least a 50-1 share consolidation to make it attractive to outsiders.

[scotty666] 07/6/2017 09:49

Ok thanks euclid. On another note I see oyster have increased the next tranche of funding to $1.5M due to strong demand - the placing is at 50 cents per unit which compares favorably to GUNs blended average of 30 cents share and would give our holding in Oyster a value of approx GBP 900k.

[euclid5] 05/6/2017 10:10

Scotty, most times having billions of shares in issue doesn't really help the share price - v's co's having tens of millions of shares in issue - sometimes too much liquidity is a bad thing

[scotty666] 05/6/2017 08:13

Fantastic news at ZEN :

[scotty666] 04/6/2017 09:26

Agreed on your first point and now they seem to have a decent portfolio of investments in the money I would be disappointed if they had anymore discounted placings.

The example you give would be a 200% return per share so gladly take that but honestly Oyster could be much bigger with patience.
Good luck

[euclid5] 03/6/2017 20:34

Yes agree, but point I am saying is if you divide the potential Oyster Oil future gain, say £1 per share = £3m profit to Gun - 1st point they will not have to raise placing to invest in other co's - but divide £3m by 3.7b shares to get the nav return per share = 0.0008p

But agree the market cap is small & if Oyster prove a profit next year then Guns should do well on it's 3m shares plus warrants - so long as they don't place more shares later this year

[scotty666] 03/6/2017 09:14

That doesn't make sense, they can have 20 billion shares but it's the market cap that matters. Cheers

[euclid5] 02/6/2017 21:33

Problem with Gun is they have 3.7b shares in issue - so even £1m or £2m profit from Oyster will not be much equating it back to 3.7b shares + Plmo who have nearly 3b shares

Only one point about both these co's is their small market cap's - but they will raise again later this year to fund other investments

[scotty666] 01/6/2017 20:07

Oyster just got their second funding tranche but at $0.5 - much higher than GUN paid but still cheap imo.

Clear intentions for London listing will continue driving the share price Oyster currently up 17% on skinny volume.

[scotty666] 01/6/2017 14:51

Ravin they sold a few ZEN to increase in sunshine / Oyster thus spreading the risk, which is a good move.

Based on the podcast they are confident ZEN will deliver future value.

They sold some ZEN at a better price than anyone else I know and certainly those on the ZEN board moaning every sell is GUN reducing:)

Good luck

[ravin146] 01/6/2017 10:43

Scotty cheers makes sense, just mentioned it on the back of the sunshine coverage you mentioned.Just wanted clarification on what GUNs views are on their small stake in ZEN. It would be nice to see GUN sell if they have a short term it's view as ZEN need stable investors.Gla here

[scotty666] 01/6/2017 07:53

I hadn't heard this before but someone fired it across to me last night;

[scotty666] 31/5/2017 17:57

Not that I am aware of but as ZEN are listed now the coverage would come from ZEN's own broker or sponsored research.

I assume Optiva are managing the AIM listing for Sunshine hence initiated coverage, GUN got a good plug due to the seed investment plus no doubt some link with Optiva.

Either way news due soon on ZEN so lets hope they get a good result from the long anticipated work over.

[ravin146] 31/5/2017 17:00

Scotty is there any latest coverage by GUN on ZEN?

[scotty666] 31/5/2017 06:32

Link to the sunshine coverage on the GUN website:

[scotty666] 31/5/2017 06:30

I've read the report and it makes it pretty clear what the milestones are to achieve that valuation & additional opportunities.

Obviously there would be some cash raise on AIM listing and dilution of GUNs 20% but it's pretty easy to see their small investment worth a multiple by end of this year/early next as a majority of the pre work for the license areas has been completed.

Time will tell but certainly looks a decent seed investment on GUN's part.

[the stigologist] 30/5/2017 20:56

$20-38m for that company with no money is ludicrous

[firw00d] 30/5/2017 18:50

hxxp://www.gunsynd.com/wp-content/uploads/2017/05/May-2017-Sunshine-Minerals-Optiva-Initiation.pdf

Its all happening fairly fast with the sunshine asset, Other investments also doing great,
Massive discount to NAV here

The futures bright.

Firwood

[scotty666] 29/5/2017 21:52

Nice director buying in Oyster just under $200k



Hi Rupert format doesn't work for me in LSE but good luck.

[rupertkbf] 26/5/2017 10:43

scotty666 I think we would appreciate any contributions from you over on the GUN BB on LSE.

[scotty666] 26/5/2017 08:15

ZEN sidetrack update on twitter :

Running of casing completed at M-195. Cement quality measurement in progress. Final drilling to begin thereafter with production from 3045m