George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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You should have provision to access company documents within the Barclay's portal. If not give them a call and be prepared for a wait!!
Anyone know how i vote with a barclays smart investor account?
Just a 4 year wait for 30x6p (£1.80)
Now that's hopium :)
22nd May 2017 suspended at 32.4
6th Nov 2017 Open 18, high 28, close 18
Slow drop until April 2018 Low 3.4 then Sideways 4 - 18 until March 2020
March 2020 - Sept 2021 4 to 129
Thanks mikee, I hadn't noticed that before but have now cast my vote
The voting requirements for passing resolutions at general meetings are:
More than 50% (a simple majority) of those attending and entitled to vote, for ordinary resolutions.
A no vote does not count as a "for" vote, so important to get your votes in
I have voted under my H&L account. There is a "shareholders meeting" link at the right on your aco**** home page.
I have just sent this to HL
"Hi, I have a total of xxxx shares in 4D Pharma (xxxx in my ISA & xxxx in my Fund/Share account).
As you will no doubt be aware, the company is currently in Administration and that there is a General meeting on 16 January to consider proposals for it to exit Administration. I was hoping that, by now, you would have consulted with shareholders as to how they would like to cast their vote and if you do not engage with shareholders to seek their voting intentions before 16 January, I request that you cast my votes as follows and confirm that my instructions have been followed:
Resolution 1 FOR
Resolution 2 FOR
Thank You & Kind Regards
Barry Addison"
Please feel free to copy wording if you wish to contact HL or, indeed, any other platform
You have to remember that any vote not cast will be assumed to be an acceptance of the proposals! There’s no way this won’t be voted through- it?s just procedure!
or we get nothing. Looks like PIs own majority of shares, so your vote is critical
It hasn’t appeared in My shareholders meetings section of my homepage, that’s why I phoned them!
They couldn’t tell me why it wasn’t there!!!
HL don’t notify clients, while you logged in You’ll be able to vote by selecting shareholder meetings on the homepage.
I phoned H&L this morning as mine has not shown up in my account! They couldn't understand why and would ask IT but that could take a while!!!!
They excepted my vote over the phone.
II sent notifications a week ago. Suggest you contact Hargreaves immediately as the window is closing.
Did anyone with Hargreaves receive any notification about voting for this latest salvage attempt? As horrible as it all is, I guess 6p is better than 0p.
Hi agree to 1 and 2
I have 10 grand of shares at the delist price
Can anyone tell me how many shares will be in issue when we relist?
Why would any investor not want 4D to relist?
Not sure if links can be posted but anyway…
https://www.4dpharmaplc.com/application/files/1616/7240/4047/4D_Pharma_Form_of_Proxy_30-12-22.pdf
Don’t forget to cast your vote if you want 4D to relist. Most brokers are crap at letting you know, so best to ring them or see if you can download form. Not long before AGM.
Important to vote it through or we will seriously get nothing, even if this is a pittance.
I'm expecting 6-8p
I think if it opens above 6p we will be lucky….
Looks like huge dilution
I would underline Ferdinand's comments; as I read it, the initial debt to Oxford Finance has not been paid off, it has been bought out and extended by Armistice, it is still repayable, the net position has not changed, 4D shareholders simply owe it to someone else, now Armistice, an entity who will now hold millions of shares and/or options for the privilege; indeed Armistice has the right to ensure that up to 50% of the $15m capital raised is used to fund the repayment of the loan....and even if they do the outstanding 50% will still need repaying at some point. If Armistice insist on converting the warrants to do so, they will then become the de facto owner of 4D Pharma. To avoid this happening where does 4D pharma (with no income) get the capital to repay the outstanding loan or the interest on it (deferred until 31 March 2024)? It appears that we have simply pushed the Oxford Finance scenario further into the future and we will rely upon further capital raises before that date to satisfy our obligations or passing control to Armistice.
So let's make sure there is no "double counting" here. Armistice have not "invested " $30m for their warrants.
If I remember rightly, the loan amount doesn’t necessarily have to be turned into shares. I think 4D do have the option to pay off the loan amount though other means. This could be for instance a licensing deal or milestone payments from Merck. This would reduce the dilution considerably!