Gunsynd Share Discussion Threads

[scotty666] 22/8/2018 10:53

Above correct as of 17th August.

[scotty666] 22/8/2018 10:52

Looks like GUN have converted their loan note or increased investment in Sunshine Minerals, increasing the holding there from 1.1M to 4.2M shares.

The 4.2M is approx. 20% of the enlarged share capital for sunshine (per the conversion terms) as sunshine also had a new shareholder "Eagle ray Investments" come on board with 6.4M new shares issued.

[spmc] 20/8/2018 16:47

Worth a read:

[scotty666] 20/8/2018 16:08

But that said he is doing what he promised and finding ways to monetize some of the legacy investments. I think most of us would prefer 550k cash on the balance sheet than a 2% holding in HHDL.

If lady luck shines on us testing goes well and UKOG spikes like it has in the last we could see some decent upside, who knows.

[scotty666] 20/8/2018 14:31

They need to get approval still and sell the bl00dy things as soon as possible given the massive overvaluation in UKOG. Always the caveat that cash is put to good use as the investment record has been blackened a little with the demise in Oyster, fastbase POS and delayed IPO(s).

Also Hamish reputation got hammered with the fun & games in PLMO not least taking significant consultant fees t - it casts into doubt that the same has happened here - I hope he clarifies this point either way in the next set of Gunsynd financials if relevant


Anyway UOG continues to perform and hopefully we will at least see one IPO by the end of the calendar year.

[scotty666] 20/8/2018 08:31

Hopefully they get rid of them in the earliest possible spike in ukog, the cash in for this micro cap would be very significant indeed.

[seagullsslimjim] 10/8/2018 16:25

it was on NT for tiddly amounts most of the afternoon and then opened up - hence the buys just now and subsequent rise

[knowing] 10/8/2018 15:34

Disagree. I can get a quote for up to 4M before it moves to FoK

[knicol46] 10/8/2018 15:15

no quote to buy current, mm's about to move

[seagullsslimjim] 09/8/2018 15:37

well even if one or two of those come off then that would more than support the stupidly low m cap here.

Horse Hill the current favourite for value enhancement in the near term.

[tyranosaurus] 09/8/2018 11:34

5m sale at 0.0312

One day Fastbase will float, Oyster Oil & Gas will float, Human Brands will float, Horse Hill will be drowning in oil.

I hope I live long enough to see that day.

[ravin146] 05/8/2018 14:32

Malcolm Graham-WoodMalcolm Graham-Wood@mgrahamwoodReplying to @Chris_mi123Absolutely crucial few months, huge potential in country which if new kit can get to will be a game changer. One of the biggest discount to NAV that I follow. @zenithenergyltd11:46 AM · Aug 2, 2018

[biggest bill] 03/8/2018 13:23

It's amazing how little response there has been in Gunsynd's share price to the continual good news from Horse Hill. If Gunsynd's 2% holding in hhdl was valued in the same way as ukog's holding, it would be worth three times Gunsynd's current market cap.

[seagullsslimjim] 30/7/2018 09:42

Well spotted T-rex on that - I was sure it was 1.5% but as per the RNS extract below, then yes it is 0.75% :-)

'In recognition of the efforts made by Gunsynd to assist FastBase in pursuing admission to trading on AIM, it is agreed that FastBase shall pay a consultancy fee of 0.75% of its market capitalization, subject to, and following completion of the IPO. Such fee is to be paid and settled fully in new ordinary shares of the Company (issued as fully paid ordinary shares, at the Admission price).'

[tyranosaurus] 29/7/2018 09:56

Where`s the Fastbase 1.5% consultancy fee come from ??
The agreement specifically says 0.75% consultancy fee.