Are shareholders expected to fund Patrick's portfolio of drill holes and soil samples ? It's about time this company gave shareholders some value in what we invested in . Think I'll go in the garden dig a hole and get Patrick to claim lots of money for exploring it further . Should find some old bricks maybe a bottle and if he's luck a penny . That would warrant a shares issue to form a company and pay the directors with them shares
purchase of just 100 k at 0.27 p and quote and deal is 0.28 p for 1.5 million so expect ( real) mid price nearer to 0.25 p Risk that some placing shares being sold off at 0.22 p ( assuming some left) which could continue to depress sp for some time....makes one wonder why no "lock- in " period given that most of the Placing shares were distributed to p.i s at a considerable profit.Risk still of further fund raising at another considerable discount,probably in July.Caveat Emptor!?
The Company advises that, as at the date of this announcement, its issued share capital comprises 686,615,349 ordinary shares of 0.1p each ("Ordinary Shares"). The Company does not hold any shares in treasury. Therefore, the total number of Ordinary Shares with voting rights is 686,615,349. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Is having a world class resource in the ground is one thing... Producing to sell another... Patrick needs to grow some balls and start getting stuff on the road.. Other small cap miners are far more aggressive at this. If diatomite is good grade for crying out loud get it to market!!!!!
moved up to 0.30 p this morning on a Quote n Deal basis...up about 9% on Monday quote Good phone presentation by PC ..." portfolio" approach will hopefully pay off one of these days Diatomite and Silver projects both look " potentially" dealworthy ( Silver n Gold off lows today)
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