Thanks for this thread/opportunity. The group now stands at over 235m shares or about 27.3% of all holdings. This will still be just over 20% of the company allowing for no more people joining, but the full dilution, including all options and convertible notes added, still easily the single largest group.
While the group is still growing from large and small holdings, the question I asked about, what people were expecting/wanting from their investment has changed a bit in the last few days as you would expect. The $2 area is now well ahead of the $1.50 in the total comments with $1.50-$2 mentioned a lot along with $2-$2.50 or $3 and a lot of just plain $2.
I'm not in the least surprised by the changes as peoples expectations change as the company moves forward.
What I do know is that there are a lot of happy people out there at present.
I also just wanted to slightly correct something Sergsadag stated, and that is we are not putting any demands on anyone, especially not BOD or management. If anything we are here to support them, and by staying together and keeping communication open and informed will work best for all shareholders.
Over the last couple of days, the existing shareholders were net buyers though there were some that sold to pick up lots in the SPP. As I and others have already mentioned we do not think that approach is going to work very well as there may be a large scale back in what you receive. Others have worked out their own sums and come to the conclusion that just buying more now while they are relatively cheap might be the best approach, instead of having thousands tied up with the company while waiting for the refund cheque to come back.
I'm not expecting to need to send out any emails this week at all as all the information is out there unless we get some drill results and need some clarification on them, but we have plenty of experts in that area on HC who will tell us what is going on there anyway.
Any new members, or potential ones I need a bit more than "I'm a holder can I join", could you please indicate your holding and what you are expecting from your investment. All information is staying strictly confidential and it is only the total that is needed.
Also it is illegal for me to answer questions of whether you should buy more or not as I'm not a financial planner. Information on whether you should or shouldn't has to be made by yourself, from your research from company announcements and reading many threads here.
Any other questions anyone for everyone?
Bill AKA Ozblue
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