Gunsynd Share Discussion Threads

[ragnarr] 31/10/2021 12:58

GUN gets a mention as a recovery play in Zacs Sunday roast - about 50 mins inhttps://embeds.audioboom.com/posts/7970717/embed/v4

[ragnarr] 30/10/2021 16:28

Just thought I would do a basic summary as things stand.
.
Listed Investments value(£4,699,460)
================================================
£757,739 (0.155 bid) - Rincon (8.9 million shares)
£1,292,613(6.00bid) - Rogue Baron (21,543,563 shares) + £111,644 CLN
£940,801 (0.685 bid) - Eagle Mountain (2.5 million shares)
£850,429(0.430bid) - Charger Metals Limited (3,600,000 shares)
£200,000 ( 2p bid) - Oscillate Plc (DiscovOre) (10,000,000 shares)
£104,390 (0.295 bid) - Empress Royalty (600,000 shares)
£313,488 (0.12 bid) - Pacific Nickel (4,755,597shares)
£240,000 - Oyster oil and Gas ( Sale of all shares for £260,000 of which only £20,000 received – delay due to Madagascar licencing – possible right down
.
Unlisted Investments current values unknown
===========================
.
LOW 6 - 6667 shares at cost of 200,102 (£30.00 per share) plus a further investment of £65,000 via convertible loan note.

The initial investment was in Dec 2020 and part of a £1.5m funding round of 50,000 shares and at the time of the investment it was stated the Low6 had raised £8m in total (including this round). It was stated that an IPO was expected sometime in 2021.

Feb 2021 update advised that the IPO fundraise was being extended to allow a ‘very well-respected figure in the world wide gaming industry” to invest a significant sum, but stated that the IPO was still o n track for 1st half 2021. This may or may not be relevant but as shown at Companies House on 22 May 2021 Walter Giacomo Bugno became a Director of the company. Walter Bugno was (up to 14th may) Executive vice president of new business at international Game Technology (NYSE: IGT) Market cap $5.9B. In April it was confirmed that the individual had joined and the pre IPO funding was complete and the IPO was now scheduled for the second half on 2021, but since then we have heard nothing

We do know that the business is growing very quickly. In April they had 122,000 users and by August (4 months later) they has 250,000.They have now launched in the USA and appear to be making significant inroads there (which I assume is the reason for the delay)

As far as market cap is concerned, that’s anyone’s guess. Companies house filing shows the list of shareholders which totals 567158 shares allocated of which Gun has 6667, it also shows Mr Akers with 25118, as well as Pires investments etc

Note: Peter Ruse (GUN Director) also personally subscribed to 916 shares (£27,500)

.
ANGLO SAXONY MINING (now First Tin Ltd) - 833,333 shares at cost of £125,000 (15p per share)

This investment was march 2021 and was part of a £5m fund raise. ASM owns the Tellerhäuser Polymetallic Project (Tellerhäuser) in Germany The project, which now has a granted mining license, is approximately 230 km SSW of Berlin and 115 km NW of Prague. ASM has the overarching strategy of becoming a significant European focussed tin and associated metals mining company. At the time of the investment it was stated that they had ambitions to IPO in 2021, a bit more info here (Saxore Bergbau are wholly owned subsidiary)

Its hard to find out a lot of info about them. They appear to have close links with Panthera Resources plc who at one point had a 14% stake (not sure if they still do) but one of the Directors Anthony Trulove also used to be a director at Anglo Saxony. What is interesting is that I. August of this year Anglos Saxony changes their name to First Tim limited (there doesn’t appear to be website but they are on twitter

Interestingly only this month a new CEO was appointed, Thomas Buenger who used to be CTO at Aurubis PLC , listed on MDAX (Frankfurt stock exchange) and a company with a market cap of 2.6B EUR. So something would appear to be going on.
.

MEDIA TECH SPAC – 1,250,000 sharers at cost of £50,000 (4p per share)

– Basically a start-up business to acquire media tech companies. It appears the guys in charge are well respected in the industry and we await to see what they find although there is no news to date. It looks like the plan tis to IPO at some point once they have found their target.
.
Finally Cash in the bank as at 31st dec 2020 was £1m since then they have accumulated an additional £462,233 based on sales, warrants and acquisitions this year.

[jlondon] 29/10/2021 19:45

There are 3 ASX co*s chasing lithium spodumene - 2 are in the
Bynoe Belt within Burrell Creek ie Charger and Litchfield.
Charger is at the southern end of Core Lithium A$943m mkt cap licence area.
Lichfield lithium project is 900m from the boundary of Core Lithium*s DFS deposits.

One more co on ASX is chasing lithium spodumene, but in the Annie Creek also at the end of Core*s belt. This co has just issued a RNS/Ann to say they are issuing performance stock.

All 3 are chasers in the Northern Territory lithium storey and Aussies are interested in these as 1 or 2 or none could be the next potential lithium discovery.
That is what Dr Zeng said [Geo and MD] of one of these ASX co*s.

Gunsynd holds shares in Charger.

[turbotrader2] 29/10/2021 18:59

Placing monday

[ragnarr] 29/10/2021 18:44

Did a quick reckySince 31/12/202019/1/21 exercise of warrants. £200,00010/2/21 Disposal of shares in Angold Resourses £163,00015/2/21 exercise of warrants £55,0005/3/21 exercise of warrants £66,66631/3/21 part disposal of Rogue Baron shares £120,00023/4/21 part disposal,of shares in Empress Royalty £107,81023/4/21 part disposal of shares in Eagle Mountain £110,25728/4/21 exercise of warrants £214,40023/4/21 exercise of Warrants £118,100Total Revenue £1,155,233.25/1/21 investment in Rincon Resources £85,00026/2/21 investment in Low6 £65,00024/3/21 investment in Anglo Saxony Mining £125,00028/4/21 investment in DiscovOre £200,00017/6/21 investmrnt in Charger Metals £218,000Total invested. £693,000

[jlondon] 29/10/2021 16:15

Latest accounts available 31.1.21:
"Interim results: CASH BALANCE £1m [2020 same period £225k].
Net assets: £4.84m [£1.755 in 2020 same period].

From Gunsynd website.
Fri, 29.10.21

[turbotrader2] 29/10/2021 15:58

placing en route

[jlondon] 29/10/2021 15:55

Shows Lithium Australia now as top holder at 19%+.
Cadence is still 3%.
So, some error somewhere.

[jaforsadi] 29/10/2021 15:40

The gun Akers pump fest

[ragnarr] 29/10/2021 15:38

had a look - latest presentation (7th Oct) shows 7.1 percenthttps://wcsecure.weblink.com.au/pdf/CHR/02432637.pdf

[ebomber] 29/10/2021 15:31

Appears to be plenty of upside here.

[festario] 29/10/2021 15:28

All I know is, NAV 1.5I buy at 1p and 0.85p

[ebomber] 29/10/2021 15:26

Large volume today.

Is Akers topping up or already topped up today?

As Jaforsadi highlights - is the ONE CODE significant?

[jlondon] 29/10/2021 15:25

LoL

Gunsynd is NO 2 TOP RISER today, Fri, 29 Oct 2021.
Yes, ragnarr, I checked that as well.
Kindly go to Charger Metals and press presentation of Top 20 holders at Charger.
Shows Gunsynd as the top no 1.
Otherwise, ring Gunsynd to ask about this said Charger presentation.

[ragnarr] 29/10/2021 15:21

According to GUN RNS 6th Oct - nothing since.Charger Metals successfully raised A$6 million in the IPO capital raising, based on this Charger will have 50,400,001 shares in issue. Gunsynd will hold 3,600,000 shares in Charger representing approximately 7.14% of the company's issued share capital.

[kirk 6] 29/10/2021 15:17

Looking good now

[turbotrader2] 29/10/2021 15:16

pumped for a placing?

[ragnarr] 29/10/2021 15:12

https://twitter.com/RinconResources

[jlondon] 29/10/2021 15:06

Share price: 1p and 1.05p advertised +18.82%.
Fri, 29 Oct 2021.
Seems to be holding steady. Earlier it was +17%.

[jaforsadi] 29/10/2021 15:06

Ooh look someone has thrown in a 1 share to try and make people believe there is news coming

[ragnarr] 29/10/2021 15:04

best not to say anything if you have nothing useful to say. ejit

[kirk 6] 29/10/2021 15:04

Looking good reckon we could see 2pMonday ?

[tomboyb] 29/10/2021 15:02

Rincon has fallen below 20c -

That was the main reason for me buying -

Its been disappointing so far -

[jaforsadi] 29/10/2021 14:59

Friday pump for someone to dump