Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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Yes no more for me, I loaded my ISA at 0.47 and am furious that I could have done this so much cheaper. Still confident of seeing a good return and if the next drills give us further indicated to justify the dilution then we'll ultimately benefit from this news. LR & MC should have made preparations to address PI's this morning, it's scandalous we'll left guessing about the strategy.
Good buying opportunity but not for me, mainly due to a lack of money. Still happy with what I’ve got tho I’m averaging double at the current price. Let’s hope LR isn’t a a snake oils salesman’s.
Now I've calmed down and got myself off the celing and started to think properly, this must be the last bit of bad news for shareholders.
I have hit the ceiling now Gizzard........I am now sticking on 130m shares.
Sadly, I don't think he's been 'delayed', Shatner.
He just doesn't want to face people. It's an actual shame because people always have more respect for those on the BoD who face down the flack in person.
But thanks for relaying the message anyway.
Can't you set up a broker in the Uk to prevent you having to pay double.
The SP will be higher definitely.....the problem I have is maintaining my 1% share holding.....with all the dilution taking place.
When there were 5.8 Billion shares I needed 58 million....that was about a year ago.
Now you need 162 million shares to have 1%.
at 1c a share on JSE thats over R1,000, 000 I have had to fork out .......
Let them go, less irrational people the better.
Once lot pi,s break even will they think sod it bail out? As it seems we get the ****ty end the stick !! Esp getting in this low also ..
He said he has been delayed and really wanted to attend the meeting to talk about the reasons for a placing. I said that the discount was a joke but he said it was the best price they could get believe it or not. He eluded to doing interviews remotely today and potential reasons will be revealed as to the fundraising in the next 24 hours. More drilling to be performed and full mining license to be obtained...not sure what to make of it all apart from major disappointment.
Offering way over the bid now, currently with new shares £5M mcap £200-£400M resource value, keep it in mind all the time.
Fingers crossed bricksSA ...be nice see us pi get slice the pie ...
Yep....and it would have cost them 6 x more in a few weeks time.....thats why LR did'nt wait until after JORC ......
Wish I had more funds but heyho it is AIM !!!!! AFTER ALL....
Bought myself another 10M earlier had to break it down as it was NT, says it all really - fundamentals not changed a bit - ride the waves to a multibagger.
...and the dust always settles?
BUY and HOLD.....imo
TicoR we don't need the money for admin through to a sale. The money is for another round of drilling so either we won't have enough indicated in the JORC or the maybe the copper is just too big a prize not to go after. According to LR the JORC should come much sooner than previously guided. I do think the Directors owe us a conference call.
What about the Rns with nearly 15 day old information ?.
@Oiltap....did you see this in the RNS.....first time DB mentioned....ever....I wonder if there "sell" a few days ago has broken any rule of AIM ?
The participation of DBA in the Fundraising is therefore deemed to constitute a related party transaction pursuant to Rule 13 of the AIM Rules for Companies.
Oh dear. So we see yet again on AIM what adding shareholder value means . Great if you are a 'special shareholder' - PI s just have to deal with it, because we are treated as a lower form of investor life.
I guess we all knew they needed more cash it wasn’t expecting it quite like that. Starting to wonder if I will ever get back even. My average is 0.0087! And my largest investment.
If this placing, warrants and dilution is indeed for the long term benefit of ALL shareholders, and has been conducted in an entirely transparent, legal and morally correct fashion then the chief executive would not have an issue with saying as much...today.
Spoke to Declan at TP and he is confirming by calling back. Has anyone had confirmation yet?
I was also wondering if the copper has ironically caused us some short term pain here. We know that discovering it at depth was a surprise and they're trying to establish the link to the copper previously found in the shallow drilling. Really need some clarification from the Directors now because everything was pointing towards a swift conclusion to this story.
You're not wrong Bobby. I just want to get my hands on some
warrants.
Talk about golden tickets!!!.
Could be great opportunity to buy now IMO.
Just wish I could get the heads up the same time as others.
Well this is A.i.m .
Gla