edited by moneyam

How the feck do you work out I'm 100% out of pocket?

You on drugs ?

are you on drugs Dildo ?

Real prices still 0.50-0.55 pence.

Real Prices? Lol. You have level 3?

Can't even buy 50,000 shares online again at 0.55 pence....terrible isn't it.

Morning sue

I think its GREAT

Am about to sell pxc and thinking abt topping up on here

Have a good day

Morning Capetown.

15,000 buy has just popped through at 0.55 pence. Is that you Gausie ???

Another 15,000 buy has just popped through at 0.55 pence again. Is that u Gausie again ???

Blimy as that all you can get now sue?

it's me

Yes capetown...has been the case all week...one has to ring their broker to buy more.....I think squaregain and selftrade don't even let u trade these.

i was lucky to get them through tdwaterhouse then

The online quotes are sell 500k at 0.5 > buy 5k at 0.55

3 * 1 million buys by a mystery person over the last week now.....could KBC be filling another one of those at 0.55 pence....seem to be trying since Wednesday.

1 million at 0.34 pence
1 million at 0.40 pence
1 million at 0.50 pence

SH - the 15,000 buys at half a penny - not me. I don't have 75 to waste on this pile of poo.

50,000 buy comes through at 0.55 pence from an hour ago....Is that u again Gausie ???

No - can't you see on level 3? It's a sell from January 1990.

Thanks to another poster.

Just wrote a long winded analysis (lost it by closing the wrong window!) and got four valuations. (assuming 400k cash and no debts)

1. Ignoring the stone deposits and bermudan listing - a cash loaded debt free DMR is worth - 0.45p/share

2. Ignoring the stone deposits take into account Bermudan listing and DMR is worth - 0.7p/share

3. Take into account a discounted stone deposit valuation to 15% of its original 14m valuation if a 'fire sale' was required - 1.7p/share

4. Take into account full valuation of stone deposits and bermudan listing - 7.7p/shares

I've done a historical price check and the bulk exchange of shares has been between 0.5 - 1p.

Am I wild with a speculation of a share issue at 2p/share to aquire the new company?

<>

Further:

Q. Have u taken into account the leasing of quaries ?

A. The leasing is not really relevant for the snap-shot valuation on DMR before reverse aquisition - the long-term profitable contribution of the leasing will be taken into account when coming up with a value for issue of new stock. All royalties from the leasing over and above the 50k/year aim listing fee will be classed as profit. If the mines generate say 100k in royalties a year thats 50k profit, so would add circa 500k (0.3p) onto any issue price for new stock IMO. Obviously if the royalties are less/more the extra weighting will reduce/grow accordingly