Gunsynd Share Discussion Threads

[donaferentes] 10/5/2021 11:54

Looking at the spread, MMs seem to want stock from timid holders.

[ragnarr] 10/5/2021 09:58

Rogue Baron Plc - Appointment of ex Diageo spirits industry veteran PR NewswireHttps://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=SHNJ

[dane1606] 10/5/2021 09:16

I do like this company and it has an exiting portfolio and some good backers but bloody hell the share price takes some moving north does it not

[ragnarr] 09/5/2021 21:22

It would seem logical that he is aware of stuff that mere mortals are not :-)

[donaferentes] 09/5/2021 20:51

I see the recent ORE fundraise was set up by Chris Akers , so maybe need to modify my views. Still curious why we jumped back to 1.90p.

[ragnarr] 09/5/2021 11:08

Copper Jumps to Record as Growth Bets Supercharge Commodities.https://www.bloomberg.com/news/articles/2021-05-07/copper-surges-to-all-time-high-as-global-growth-fuels-rally

[donaferentes] 07/5/2021 10:54

But an immediate reaction to Discovore not being able to stick to a market sector. Started as resources, then switched to cannabinoids, now saying oh we didn't mean instead of, but as well - oh and plus "other opportunities". Seem like a bunch of wide boys to me, swinging with fashion, but not knowing where they want to go.

[vinceelliott] 07/5/2021 10:48

Somewhat surprised that there has been little or no knock on effect from the recent performance of Rincon.

[ragnarr] 07/5/2021 09:48

Shareholder notification in discovOrehttps://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=ORE

[jungmana] 06/5/2021 09:08

Another small 30k top up there for me.

[dosser50] 06/5/2021 08:51

Rin up again

[geko5trade] 06/5/2021 08:51

Dane, I expect the market size is quite small and you are probably above it though I can't see it listed anymore on ADVFN.

[dane1606] 06/5/2021 08:38

Bought in this morning (only 100000) and it hasn't shown up ..noticed that happens a few times with Gun .

[ragnarr] 05/5/2021 08:33

Been steadily moving up over last few days - announced that they are attending/presenting at Mines and Money Roadshowhttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02371674-6A1031857?access_token=83ff96335c2d45a094df02a206a39ff4

[x54v] 05/5/2021 07:25

Rincon Resources starting to motor.

Up 13.3% on ASX.

[donaferentes] 04/5/2021 13:24

A lot of predictable sellers at 2.0p. Once cleared we should continue to make the progress new buying pressure is trying to dictate.

[jungmana] 04/5/2021 12:39

Looking good this morning. Low6 ipo this month and should see a lot of new investors here

[ragnarr] 04/5/2021 08:38

Eagle Mountain presentation.https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02370995-6A1031618?access_token=83ff96335c2d45a094df02a206a39ff4

[donaferentes] 03/5/2021 20:45

Thanks pennyfalls. Interesting you both are thinking 3-4p. I've been puzzling why we've been so tied to current net asset value - even with 3-4% dilution if all 48.5m o/s options and warrants were exercised. I agree almost any holding you look at, via either IPO or trading news, could create lift off to a more rewarding orbit.

[pennyfalls] 03/5/2021 19:53

My two-penneth worth...
I agree that current NAV (inc cash) is approx £6.9Million, so we are trading at a slight premium to NAV..

But this does not take into consideration any coming uplift at Rincon, which I think could see us adding a good £2-£3 Million to NAV if things go as hoped, and , as mentioned the potentially blockbuster Low6 float.

If Low6 trade at only £100Mill, that will value GUN’s portion at near £2million, but, if it goes ballistic (or to the moon or what everybody says these days! ;o) then that portion could easily bag.

If the Low6 float goes well initially, I think we’ll see some uplift at GUN to maybe 3p, as mentioned (MC approx £13Mill), but then Mr Market may add a big bonus if it sees Low6 going much higher.

If all the stars align and Rogue Baron garners bigger interest (with GUN at 25%), Eagle Mountain motoring and big results at Rincon, then I can see 4p coming quite quickly.

There are the other IPOs (probably see the Media Spac as a quick bagger to give us more cash for other investments)
Commodities looking very very hot at the moment so we’re in the right space.

[donaferentes] 03/5/2021 19:31

Interesting, thanks

[jungmana] 03/5/2021 19:18

I believe 3 to 4p would be a reasonable price as we approach low6 listing. That one I think will go bonkers and could see further rise here to 5p+ in the short term.

[donaferentes] 03/5/2021 17:19

Would you expect GUN to trade at a premium to net asset value, discounting future gains? If so how much before it looks overbought?

[jungmana] 03/5/2021 16:22

Excellent research and thanks for the informations.

[donaferentes] 03/5/2021 13:31

Oyster oil and gas has a contingent value of £255,669 if ever Sajawin pay over the Aus$457,647 pledged under a deal to buy out GUN. Currently delayed since April 30 2020 due to difficulties with a Madagascan approvals. If it concludes GUN will subscribe Aus$200,000 into Sajawin. It features as one of 7 investments in GUN's 2021 presentation. So they must have faith in it. This would add 0.625p per share value.