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EXCLUSIVE: Ascent Resources ask shareholders for ability to raise funds


African Eagle Resources Share Chat (AFE)



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Share Discussion for African Eagle Resources


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EAGLEEYES22
Posts: 1
Opinion:No Opinion
Price:0.00
AFE
20 Aug '18
Was there ever any more news on AFE?
 
LadyJennifer
Posts: 131
Opinion:No Opinion
Price:0.00
RE: AFE from ii
12 Jun '18
Hello Pen.
I've finally found it..... ^_^
Penhome
Posts: 2
Opinion:No Opinion
Price:0.00
AFE from ii
9 Jun '18
Anyone here?
Can�t log into ii

Pen
Renegade
Posts: 2,554
Opinion:No Opinion
Price:0.26
AFE
17 Feb '15
Held these shares for many years now but luckily sold a large portion prior to the suspension (AT A BIG LOSS). Still hold quite a few though with the optimism that they may still trade again on the JSE.

Interesting point is that in July last year, approximately 44%+ of shares were held by five major shareholders.

http://www.africaneagle.co.uk/investors-share.asp

Whilst I am not over confident at getting my current losses back, trading on the JSE and the involvement of the five shareholders does give me a glimmer of hope in that all may not be lost yet.

In the interim, all we can do is wait to see if trading resumes on the JSE.
Catchingpigeons
Posts: 698
Opinion:No Opinion
Price:0.26
expectations not high
17 Feb '15
As per my last post in early Feb it's no surprise is it ? As to what's happened although the demise of AFE isn't down to Clarke and Karim that's for sure but from the second either of them got involved and u did even some basic research on their track record and history - u never really got the feeling they were people destined in life to serve the interests of others above themselves did u really - and why would they ? It's been quite a crafty plan in truth first getting the shares suspended and then coming up with a half baked scheme to invest in something close to the deadline to raise hopes that it may all work out only for it to fail at the final hurdle and let u know the day after the time line runs out - pathetic - I always knew the risks here and the inherent risks of investing on Aim and I can only blame myself for doing so - but it still leaves a horrible taste in your mouth all the same - someone switch the lights off please
Richyp123
Posts: 1,529
Opinion:No Opinion
Price:0.26
Hey belles
17 Feb '15
Woof woof! Lucky for some being out in the sun! I'm just travelling back from Thailand been out there for two weeks with my old man! He robbed me same as the aim market! If your looking for an oily (not massaaaage) I'd have a look at rxp. £4 party soon I'm told! Shame about afe but as they say you pay yer money take yer chance! Think this train isn't going anywhere for a while!
iimrmobility
Posts: 477
Opinion:No Opinion
Price:0.26
Belles
17 Feb '15
I'm in Asia too right now wasting my time contacting IWeb lol
Belles
Posts: 662
Opinion:No Opinion
Price:0.26
So what happens now
17 Feb '15
....to my shares in afe with the delisting. I'm with TDWaterhouse. I'm in Asia at present trying to contact TDW through website......more chance of talking to God !
gunner21
Posts: 106
Opinion:No Opinion
Price:0.26
RE: Halifax Important Notification
16 Feb '15
Got a similar email fro TD
Renegade
Posts: 2,554
Opinion:No Opinion
Price:0.28
Halifax Important Notification
12 Feb '15
Cancellation of Listing.

Important Information & Other Key Dates:

The Company has cancelled the admission to trading of its Ordinary shares on the Alternative Investment Market (AIM).

On 11th August 2014, the Company's shares were suspended from trading on AIM. As a condition to its continued listing on AIM, the Company were given six months in which to implement its investing policy. As the Company has failed to meet this requirement, the shares have been cancelled from trading with immediate effect.

Subsequently, the Cancellation became effective on 12th February 2015.

You should be aware that following the cancellation of listing you are no longer able to sell or otherwise trade your African Eagle shares on AIM.

Subject to compliance with requirements set forth by the Johannesburg ALtX Stock Exchange, the Company will change from a primary listing on AIM to a primary listing on the ALtX, where the shares are also currently suspended.

Please note that, as any future trading will now be concentrated on the ALtX, we will be unable to support trading in your African Eagle shares via our sharedealing facility. Should the shares resume trading on the ALtX in the future you may wish to establish an arrangement with an alternative broker who can facilitate trading on this exchange. Should you wish to do this, please contact our call centre with the details of your chosen alternative broker and we will facilitate the transfer of your shares to them at no cost to yourself. Please be aware that you will need to have contacted your chosen broker in order to commence their necessary transfer process prior to contacting our call centre.

Please be advised that in accordance with AIM Rules, the Company will no longer maintain its website. An update will be provided to shareholders in due course and we will advise you of any further developments as and when any update is released.

SO.....

AFE will carry on trading (hopefully) on the ALtX.

Therefore, the only thing that we can do for now is sit on your hands and wait!
oldnic
Posts: 568
Opinion:No Opinion
Price:0.28
immobility
12 Feb '15
As I have said before A I M should carry a " WEALTH WARNING " There are far too many crooks running these Companies. I was correct on my last comment we have been sold down the river yet again and there is bugger all we can do about it
iimrmobility
Posts: 477
Opinion:No Opinion
Price:0.28
Gone
12 Feb '15
Another one bites the dust ! Oh why oh why do I bother investing in AIM there's more crooks controlling AIM company's than inside HM prisons .

GLA
father_jack
Posts: 331
Opinion:No Opinion
Price:0.28
RE: Real RNS
11 Feb '15
Only one arrived in my inbox at the time. We're still as good as stuffed...........
yzdesigns
Posts: 6
Opinion:No Opinion
Price:0.28
Real RNS
11 Feb '15
African Eagle wishes to provide an update to the announcements made on the 20 November 2014 and on 1 December 2014 in relation to the proposed acquisition of Lime-Chem Resources (Proprietary) Limited.

Subsequent to the previous announcements and during the process of progressing the transaction the Company has identified aspects of the transaction that have necessitated changes to the previously announced terms. Those changes are currently still under discussion with the vendors and as a consequence there can be no guarantee that the previously announced timetable will be adhered to or that the transaction will complete.

The Board intends to update shareholders of progress in relation to the proposed acquisition of Lime-Chem Resources (Proprietary) Limited via the website (www.africaneagle.co.uk) and the SENS system of the JSE Limited.
Renegade
Posts: 2,554
Opinion:No Opinion
Price:0.28
Trust
11 Feb '15
Sorry, been a long day and night. But, where did you get this bit from:

"according to the rns, we should have news by 31st March 2015?
father_jack
Posts: 331
Opinion:No Opinion
Price:0.28
RNS....
11 Feb '15
We are the weakest links goodbye.
11 February 2015
African Eagle Resources PLC
("African Eagle")
AIM:AFE, AltX:AEA
Cancellation of AIM Listing and change in status of primary listing

Further to the announcement of 11 August 2014 that the Company was suspended from trading on AIM ("Suspension"), the Company today announces that, as its Investing Policy has not been implemented within six months of Suspension, trading in the Company's Ordinary Shares on AIM will be cancelled, under the AIM Rules, as from 7:00 a.m. (London time) on Thursday 12 February 2015. Accordingly, subject to compliance with the relevant requirements of the Listings Requirements of the JSE Limited, the listing status of the Company will change from a primary listing on AIM to a primary listing on the AltX, where the Ordinary Shares are currently suspended. An update will be provided to shareholders in due course.
The Company will no longer maintain a website in accordance with AIM Rules.
Shareholders who require further information should seek their own personal financial advice immediately from their stockbroker, bank manager, solicitor, accountant or, in respect of UK based shareholders, other independent financial adviser authorised under the Financial Services and Markets Act 2000 (as amended).
TrustILie
Posts: 2,464
Opinion:No Opinion
Price:0.28
AFE Share price
11 Feb '15
it would be interesting to see if there is an immediate re-rate prior to lifting the share price back to trading. But to be honest whatever happens will not have any positive impact on me, as I have been locked in since the Dutwa day's of 10p and have been burnt badly, and I certainly don see this company returning to those levels or even close any time soon. unless, a miracle of some sort was to happen
TrustILie
Posts: 2,464
Opinion:No Opinion
Price:0.28
according to rns
11 Feb '15
according to the rns, we should have news by 31st March 2015. If the acquisition is successful or not. That leaves us with potential 7 weeks or so. for news to filter through
iimrmobility
Posts: 477
Opinion:No Opinion
Price:0.28
News
11 Feb '15
Nothing yet
oldnic
Posts: 568
Opinion:No Opinion
Price:0.28
RE / DE Listing
10 Feb '15
No news is not good news
oldnic
Posts: 568
Opinion:No Opinion
Price:0.28
Re listing ?? ?
9 Feb '15
Looks like another fine mess Olly. What a bunch of comedians. Looks almost certain we are heading for the big cess pit
mann123
Posts: 788
Opinion:No Opinion
Price:0.28
11th feb. 6 month deadline
8 Feb '15
Or cancellation of afe shares from AIM?
Renegade
Posts: 2,554
Opinion:No Opinion
Price:0.28
Share Swop
5 Feb '15
Ooops!

Sorry wrong board.
Renegade
Posts: 2,554
Opinion:No Opinion
Price:0.28
Share Swop
5 Feb '15
So what do we reckon then?

3, 4 or 5 Afren shares for one Seplat share.

Taking into account that Seplat will soon be trading at £1.50p.
gunner21
Posts: 106
Opinion:No Opinion
Price:0.28
Call
5 Feb '15
After two emails and no replies I called this number 02070025361

Asked if theres an update coming soon and the guy who answered said we will be updating the the shareholders




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