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EXCLUSIVE: Robin Young, CEO, Amur Minerals #AMC talks long-term strategy


Leed Resources Share Chat (LDP)


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Bannor
Posts: 4,547
Off Topic
Opinion:No Opinion
Price:0.00
RE: Recent rns
7 Jan '18
Steve, just my opininion but wouldn't this paragraph say otherwise....

The Board is currently reviewing options as to what it may do with the proceeds of the sale of Civex Group Holdings and looks forward to updating shareholders shortly on progress of the sale and future investment opportunities.
 
steve58
Posts: 2,860
Off Topic
Opinion:No Opinion
Price:0.00
Recent rns
5 Jan '18
Think I£m reading it right.

A contractor is acquiring all the assets not the shares.

In effect Leed will still own 33% of the shares.

Probably reading it wrong but seems that we will still have income.

I shall wait in anticipation for the next news.
BigErn
Posts: 581
Off Topic
Opinion:No Opinion
Price:0.00
RE: big ern
5 Jan '18
Fingers crossed my friend.
steve58
Posts: 2,860
Off Topic
Opinion:No Opinion
Price:0.00
big ern
5 Jan '18
Interesting.

Probably being updated for change in ownership.

All the best for 2018.

Let's hope for some good news here.
BigErn
Posts: 581
Off Topic
Opinion:No Opinion
Price:0.00
Civex Website
5 Jan '18
I see the website is now down - could get an announcement very soon.
Lseking
Posts: 2,196
Off Topic
Opinion:No Opinion
Price:0.00
Thanks ppl
31 Dec '17
For bringing the updates to our Attention much appreciated, lets hope 2018 is a lot better for all of us, gl all
tank1
Posts: 234
Off Topic
Opinion:No Opinion
Price:0.00
RE: LDP Update
29 Dec '17
A good decision by the BoD in my opinion as market conditions are very poor in South Australia at present, with the outlook the same for the next couple of years, hence we would have been waiting a long time for a decent income from the panels.
Next investment is crucial. Current BoD did not make any of the past disastrous investments, but they have tried hard to salvage them and I feel they have done well to sell the Quarry in South Australia and now have substantial cash in the bank. They have not been taking a salary for quite a while now, which shows they have respect for the interests of shareholders.
Good Luck to all. Lets hope 2018 is prosperous for us shareholders.
steve58
Posts: 2,860
Off Topic
Opinion:No Opinion
Price:0.00
Royalty agreement
29 Dec '17
Sale of intellectual rights.

Would include patents.

So although new buyer has full control of the business and sales of blocks Leed would receive a small royalty from
every sale.

It will be interesting once details are known.
steve58
Posts: 2,860
Off Topic
Opinion:No Opinion
Price:0.00
Re Ldp update
29 Dec '17
Interesting development.

I would hope we would get proceeds of at least 1.68 million dollars. Our investment to date.

About 1.25 million pounds or about .003p a share.

As for the royalty situation.

We have a third of the patent rights so presumably we would still receive a small royalty from each panel sold but not sure on this.

Anyway this should be good for the shareholders with about 1.25 million pounds in the bank and ready to invest.

We are in effect a cash shell with millions of losses for tax purposes.

Could be tempting to some other company.

Good luck and a happy and prosperous new year to all Ldp shareholders.
BigErn
Posts: 581
Off Topic
Opinion:No Opinion
Price:0.00
RE: LDP Update
29 Dec '17
Good news in my opinion but time will tell.




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