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PFP Share Chat - RSS Feed

Pathfinder Min Share Chat (PFP)



Share Price: 0.425Bid: 0.40Ask: 0.45Change: 0.00 (0.00%)No Movement on Pathfinder Min
Spread: 0.05Spread as %: 12.50%Open: 0.425High: 0.425Low: 0.425Yesterday’s Close: 0.425


Share Discussion for Pathfinder Min (PFP)


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566822tn
Posts: 283
Off Topic
Opinion:No Opinion
Price:0.43
Latino
Fri 17:37
I still think with the appeal even after that there will still be a long road ahead actually getting the licences replaced etc because I bet that's not straight forward
 
Latino
Posts: 1,663
Off Topic
Opinion:No Opinion
Price:0.43
8 weeks
Fri 15:55
Can't really say they haven't been doing anything... When in the last couple of years they have won case I UK, then the appeal in UK, then various litigations in MOZ commercial court, finally Supreme Court ruling of ligitiamcy if the licence. Now, what left is the appeal, which will make the judgement final!
longandwrong
Posts: 648
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (7)
RE: 8 weeks left
Fri 14:37
Investigater, agreed but let's not lose sight of the fact that it was his Board that lost the licence in the first place and have now taken 3 years, spent millions and are still nowhere. Maybe it is time for a fresh board and fresh approach.
Investigater
Posts: 24
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (7)
RE: 8 weeks left
Fri 14:32
Either way, he still has a considerable interest for a favourable and timely resolution.
longandwrong
Posts: 648
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (7)
RE: 8 weeks left
Fri 13:58
He never paid a thing for any of those shares - all the founders issued shares to themselves for free. That said, I note from some RNS's that his pension fund bought a few, maybe £5,000+ worth but certainly the 94million came gratis.
566822tn
Posts: 283
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (7)
RE: 8 weeks left
Fri 13:53
Ref: Nick Trew, the problem there could be did he actually pay anything for those shares, if not then any loss makes no difference as its still a zero value.
Investigater
Posts: 24
Off Topic
Opinion:No Opinion
Price:0.43
View Thread (7)
RE: 8 weeks left
Fri 13:44
One thought comes to mind while we all wait and stew : a certain Nick Trew holds over 94.3 million PFP shares - should refinancing be necessary then his contribution would be considerably more than most investors here; likewise, when the anticipated good news strikes his gains will be enormous!!!. I should only start worrying if he starts selling. GLA.
566822tn
Posts: 283
Off Topic
Opinion:No Opinion
Price:0.43
Directors Pay
Fri 12:10
One has to wonder why they are still taking high salaries?, since the company hasn't traded anything, the licences are in dispute and we are awaiting court decisions, just what exactly are they doing mon to fri 9-5 as I don't see anything they could possibly do with confirmation they still have the licences so are they just been paid to sit?

Great job, I think I could do that
566822tn
Posts: 283
Off Topic
Opinion:No Opinion
Price:0.43
8 weeks
Fri 11:54
I certainly won't be funding anymore unless the entire board goes they haven't filled me with any confidence in the last 12 months and have spent a high amount of cash on themself.
longandwrong
Posts: 648
Off Topic
Opinion:Hold
Price:0.43
View Thread (7)
RE: 8 weeks left
Fri 11:21
I agree with you, they only have until end-June to issue the financial accounts and it is a major worry that these high Director salaries will have eaten away what is left of the cash pile. Surely the board must recognise that investors have been badly treated - first the serious lack of corporate control allowed a fellow director to steal the company's only asset and then shareholders take a 90% hit, but the board just increased their salaries and appointed another (Henry) director to help fritter away some more shareholder cash. IMHO they really should be made personally liable for what has happened. And because of their intransigence over recovering the asset the shareholders will probably have to face dilution to raise more cash which I believe is the next stage in this sorry saga. So, next news to hit our screens will either be poor financial accounts showing little cash left or a demand for shareholders to put in more - I'll bet it won't be an RNS saying directors have agreed to share the pain and take a pay cut!!





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