Gunsynd Share Discussion Threads

[arlington chetwynd talbott] 16/9/2023 12:12

Never did get round to doing an NAV calculation. Not sure I want to now. If I had taken what I invested in GUN and invested it myself in the kind of companies GUN invests in, I suspect I would have done as well if not better than GUN. And I have had some shockers. Better making my own investment mistakes than paying someone else to make them for me.

[arlington chetwynd talbott] 27/7/2023 08:15

Marked up though, albeit on no volume. Must sit down and do an NAV calculation.

[arlington chetwynd talbott] 27/7/2023 07:41

Seems to be putting a lot of its (our) eggs in this one basket.

[orkneyarab] 27/7/2023 07:38

Termite bingo - anyone with scam or pish gets a point for each

[terminator101] 27/7/2023 07:32

What new scam is this? Seems that gun is so pish that it has to invest in other pish companies to keep them afloat.

[arlington chetwynd talbott] 20/7/2023 13:15

Has anyone done an NAV calculation recently?

[softmallow] 18/4/2023 09:17

1sn stock still held by gunsynd good to see it rerating back up

[softmallow] 14/4/2023 23:04

Back on peeps radar..way undervalued.

[softmallow] 14/4/2023 09:04

OMA up again on asx.

[softmallow] 13/4/2023 16:06

Rns...now in profit on the OMA shares investment.

[burtond1] 13/4/2023 07:45

"...Well chosen gold miners can offer premium returns above the gold price and a more rapid appreciation than the product they sell. Investors looking for value might look beyond the mining majors to small gold miners..." Below we pick out a 14 small cap gold miners worth watching : https://total-market-solutions.com/2023/04/is-the-gold-rally-here-to-stay-14-small-cap-gold-miners-worth-watching/

[festario] 05/4/2023 14:22

Whatever happened to the Big One? The listing for Low Six gaming company?

[tomboyb] 05/4/2023 14:18

That shareholding in Pacific Nickel works out to be 0.7% -

Just researched it now -

Nothing RNS here -

[tomboyb] 05/4/2023 13:13

Gunsynd PLC Pacific Nickel -- Nickel Project Update
05/04/2023 1:07pm
UK Regulatory (RNS & others)

Gunsynd (LSE:GUN)
Intraday Stock Chart

Wednesday 5 April 2023

Click Here for more Gunsynd Charts.
TIDMGUN

RNS Number : 5146V

Gunsynd PLC

05 April 2023

Gunsynd PLC

("Gunsynd" or the "Company")

Pacific Nickel - Solomon Islands Nickel Project Update

Gunsynd Plc (AIM: GUN, AQSE: GUN) notes the announcement by its investee company Pacific Nickel Mines Limited ("Pacific Nickel"), which is listed on ASX (ASX: PNM), that, further to the Company's announcement of 15 June 2022, Glencore International AG ("Glencore") has today provided a Letter of Commitment confirming receipt of its internal management approvals to execute an up to US$22m loan facility agreement and amended sales agreement for the Kolosori Nickel Project (the "Project") subject to the finalisation of legal documentation and the fulfilment of usual conditions.

The announcement states that the funds raised through these arrangements with Glencore are expected to be sufficient to meet the pre-production funding requirements of the Project.

Gunsynd currently holds 2,779,840 shares in Pacific Nickel.

The Directors of Gunsynd accept responsibility for this announcement.

For further information, please contact:

[festario] 18/3/2023 08:57

Whatever happened to the listing of Low6, where GUN owned a fair whack? I only ever invested for that event.

[arlington chetwynd talbott] 17/2/2023 13:33

SHNJ seems to be recovering, FWIW.

[ged5] 23/1/2023 11:33

Thanks Burtond1 for the link. It is a good read not just about Gunsynd's investments but for mining in general.

Reminder it was Metals One that was the investment I couldn't remember the name of in the above post. So that investment was subject to admission to AIM and acquisition of Finnaust Mining.

With the investments it looks like good exposure to essential minerals for vehicle electrification and infrastructure. Lithium and cobalt are also mentioned as well as the ones highlighted in your post.

Still unloved but how long will that last?

[burtond1] 23/1/2023 06:24

A pipeline of opportunities for Gunsynd say @TMSreach "...Looking for exposure to a bespoke set of ventures below the radar of mainstream metals funds? Looking for a critical and precious metals portfolio, cultivating a set of prospects encompassing copper, nickel, tin and gold, all drilling or preparing to drill? Then look closer at Gunsynd..."https://total-market-solutions.com/2023/01/gunsynd-plc-6/

[ged5] 17/1/2023 10:49

Agree. They must need the cash for another investment. Wasn't one mentioned late last year?

[arlington chetwynd talbott] 17/1/2023 07:33

Okay timing on Charger but not great on Pacific or 1SN.

[ged5] 16/1/2023 13:31

Yes I just have the cost price for the unlisted companies on my spreadsheet. Low6 is expected to list sometime this year so we might get a better idea of how this will affect NAV.

I see Rincon announced some drilling results overnight which hasn't done much for the share price I notice 1SN is starting to recover which is good news. Expecting feasibility studies in the fourth quarter.

By the way I use this site for latest bid prices. Scroll down and the announcements are linked.:-

[arlington chetwynd talbott] 16/1/2023 11:05

That is interesting on Rincon and Omega, thank you. I am always wary of the unlisted ones - this is why I used the word “significant”. I do not think we can safely value many of them at what we paid. I decided to treat Oscillate as de minimis after its suspension and have long treated Oyster as a zero. I am genuinely unsure what to make of Low 6 and Media Tech/Drylab.

[ged5] 16/1/2023 10:40

Good morning Arlington.

I can see why you've only got 8.5m shares for Rincon as stated in the results for year ending July 22. I was going to ring Gunsynd to clarify because on 9th November there was this announcement:-



The announcement included this sentence:-

As a result, Gunsynd now holds 11,065,812 ordinary shares in Rincon representing approximately 16.37% of Rincon's issued share capital.

They also omitted that they announced an investment in Omega Oil&Gas on 25th October in the results. 450000 shares which contributes only about £42000 at the moment.

I also have Oscillate 10M shares £70000
Oyster Oil&Gas 331 shares costing £130000
Low 6 6667 shares costing £200000 +65000 loan notes
Media tech drylab 1.25M shares costing £50000

It all counts.

EDIT: Plus Aberdeen Minerals 2M shares at 7.5p for £150K from cash which I now estimate to be about £224K after this transaction.