Gunsynd Share Discussion Threads

[seagullsslimjim] 04/6/2019 13:53

MMs happy to absorb the flurry of sells and a good indicator of getting ready for the next leg up !

The 0.04s by Friday are now a distinct possibility and a base for when the RNS drops next Monday.

If the motion is passed then the skies the limit next week as the news spreads out to the wider audience.

0.06p will be just a £3m market cap, 0.08p just £4m etc etc ...

That puts things into a more visible perspective and rather than percentage rises.

[phil1969] 04/6/2019 13:39

It's only Tuesday and I'm already thinking I wouldn't want to be out of this over the weekend :-)

[seagullsslimjim] 04/6/2019 13:31

market cap still under £2m !!

[scotty666] 04/6/2019 13:30

Yes probably right ross somewhere in between. I suppose if we focus on the Net Assets it is the same, but I do like the thought of more being cash.
Either way all good and well funded.

[sigora] 04/6/2019 13:25

its going for it now

[scotty666] 04/6/2019 12:57

ross / sea am I wrong on the cash?

[seagullsslimjim] 04/6/2019 12:54

sudden jump - A leak on AIM - surely not !!

[whattheduce] 04/6/2019 12:41

"rossannan
4 Jun '19 - 10:19 - 1742 of 1750
0 0 1
whattheduce

Have a think about the timing though - the meeting is at 6pm our time on Friday "

noted, however, if the buyers role in and make a big spike for me on Friday then I will take the money and run. Yes, a RNS on Monday may send the share price much higher, but it also may not be the news wanted and there maybe plenty set up to immediately take profits on Monday. Spread might be pretty wide. I will be happy with a nice markup for a short duration holding. Who knows, might surf the wave Monday afternoon and double up a few times!!!

[scotty666] 04/6/2019 12:10

edited as incorrect on cash - belief is they were already selling UKOG shares prior to the interim results hence some of the cash was already reported prior to the March RNS stating they had sold all of UKOG shares

[nina65] 04/6/2019 11:04

I sincerely believe with the right announcement ,we can double or the triple
from here.

[seagullsslimjim] 04/6/2019 10:49

scotty - thanks for that reminder and does make next week potentially more lively than just the vote RNS.

[scotty666] 04/6/2019 10:32

Back in March they were already in discussions on funding for subco "Northbay and Gunsynd are currently in discussions with a third party to raise money for the Subco to progress further work on the Madagascar licence." if they did make progress it will be contingent on the GM vote so expect to hear something.

Not long to wait anyway, hopefully we can get back to talking about the share price breaking 0.1 :)

[seagullsslimjim] 04/6/2019 10:27

And remember the vote is the first stage, with the second announcement from GUN as to their intentions with the asset

Maybe it will be a double Brucie bonus and say that they have a deal in place with a third party.

After a few sells this AM and I think momentum will soon pick up again as is usual.

[scotty666] 04/6/2019 10:23

This has plenty in the tank if they have a solid plan for the Oyster asset, it is encouraging they have Northbay as leading partner and not going to working on a stand alone basis should the GM go in our favor.