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SOU CEO responds to investor questions on its projects in Morocco and Italy. Watch here

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SOU CEO responds to investor questions on its projects in Morocco and Italy


Tanfield Share Chat (TAN)



Share Price: 12.375Bid: 12.25Ask: 12.50Change: 0.00 (0.00%)No Movement on Tanfield
Spread: 0.25Spread as %: 2.04%Open: 12.25High: 12.375Low: 12.25Yesterday’s Close: 12.375


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fourteenhundred
Posts: 4,091
Research
Opinion:No Opinion
Price:12.625
RNS interims
22 Sep '16
Released.
 
jamesc7
Posts: 349
Off Topic
Opinion:No Opinion
Price:12.625
Snorkel Tanfield
21 Sep '16
Is snorkel bidding for Tanfield and if so what price
fourteenhundred
Posts: 4,091
Research
Opinion:No Opinion
Price:10.75
Rns
27 Jun '16
Results out and Smith valued at NOWT.
knicol46
Posts: 12,805
Off Topic
Opinion:No Opinion
Price:14.75
premium placing @ 14.5p
22 Feb '16
£400k raised @ 14.5p (premium to current price)

Snorkel International Holdings – As announced on 2 December 2015, based on information provided by Snorkel, Tanfield estimated that Snorkel sales in 2015 would be approximately 30% higher compared to 2014 as the business continues to progress year on year. The carrying value of the 49% holding and the preferred interest holding (Loan note) is $60.1 million as set out in the Company's interim accounts which, based on the current exchange rate, is around £41.5 million. This represents approximately 27 pence per share of the proposed enlarged issued share capital.

Smith Electric Vehicles - The carrying value of Smith in the interim balance sheet of the Company at 30 June 2015 was £4.8m, amounting to approximately 3.1 pence per share of the proposed enlarged issued share capital. The board of Tanfield is currently reviewing the position of the investment in Smith and its carrying value and will update shareholders in due course.
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knicol46
Posts: 12,805
Off Topic
Opinion:No Opinion
Price:15.00
placing @ 14.5p..
17 Feb '16
Smith has informed Tanfield that it is still seeking to raise further funding that is required to implement its growth plan and that this funding may now take the form of convertible debt in place of the originally proposed Subscription Rights Offering . The carrying value of Smith in the interim balance sheet of the Company at 30 June 2015 was £4.8m, amounting to approximately 3.1 pence per share of the proposed enlarged issued share capital. The board of Tanfield is currently reviewing the position of the investment in Smith and its carrying value and will update shareholders in due course.




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