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No question this deal won't go ahead major shareholders want it. Remember each share holder gets a stake in new lithium company.. AND... A stake in erris gold.. Buy one get one free.. Next week 25p+....
if want the deal to go through, remember to send your broker your proxy voting instructions.
Egm proposals are in the admission doc on the Erris website
L
I would have done, but they were putting their pre money valuation at what I thought was quite a pricy level.
Up to 3 years before they list...
Still, one to watch.
L.
It's an amazing amount to have raised. If they list, I might take a look, but to hold another lithium share as well as Zinnwald, that would make one element too much of my portfolio.
Anyone invest in the Cornish Lithium fundraising?
Sounds like they raised £5m from an expected £1.5m - clearly strong investor appetite out there
Bid rising on every buy. To me looks like a institutional buyer.. Wait and see... Lithium is going to get very hot very soon. Dyor as always.
got in today looks interesting was hard to buy was a ng trade 20min wait
It’s interesting that even though there have clearly been some decent sized sells, that the price has continued to rise.....
So, maybe some of those “sells” were buys maybe?
The advertised bid/offer for eris has traditionally been wider of what you can actually achieve, so it makes it more difficult to determine with 100% accuracy whether each trade is a buy or sell
Still, upwards is the right direction ... :)
L.
Gonna be fun. See this doing well
Limited stock now :)
Ditto jet47.. We gonna make serious money here :)
That would be nice :) Have a good weekend, Stretchum :)
ATB
Ask yourself, why wait, 25p before egm. Gla..
Hi there. So, 6 days to EGM. I'm guessing that the two days before the EGM may show some interest/action.
ATB
Looking to test 11p intraday high in recent weeks.. Gla
Egm day -6....
Nice to have company. Some big after hour trades last few days. All pointing to breakout. Yes countdown good. I guess plenty in the wings waiting for a drop. May not come bug early imo for egm.
Hi Stretchum,
I don't really have anything to say but you're all alone here, posting for the last two days, so I thought I'd give you some company.
How about a daily countdown to the EGM? :)
paid. a little buying pressure here and serious lift off...
Coiled spring here folks. Big buy order going through imo...
7 trading days until egm...
Bid creeping up on every sell.
Yes, same thing - I had mine split between Sipp & isa.
£400k will not get Erris Gold too far I guess. Maybe enough to get up to drill stage? So, hopefully they will be back listed before too long,
I phoned HL up and whole process only took a few minutes. Had to hold for a while mind!
Not sure tbh. It may just have the quantity of shares with a zero value as they’re unlisted, or it may show a value based on the nominal value of the share itself.
I’ll have to do same for hl myself actually.
Anyone know what happens to the EGR shares if you have the Erris shares in a SIPP? Same thing I’m hoping as if you had em in an isa?
L.
Spoke with HL earlier and I had to open a non-isa shares account for the unlisted stock to be held in.
Was a very quick process & just had to deposit £1.
Lazy,
Do you know what value the Erris a Gold shares will show at in our accounts? Guessing it may be 1p as that was the figure mentioned in the rns.