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The Cadastre status has moved on again, from 'Approved for granting' to 'Active' and is showing as a granted license.
No longer in application status. Well done to GLR !
It will mean dilution at some stage but even with the 12% charge (not interest) and the 50% warrants a conversion price of 2.8p is at a good level compared to the SP last night.
I agree it is a bit tortuous but the conversion terms are good and it means no more Placings !!
AFP have anounced a complicated loan facility of up to 1.5 million
CB did say non payment would mean we would retain the asset and that the drilling programme would be scaled back
My personal view is due to not receiving an RNS then we should assume the money was received.
You are absolutely correct. No reason at all why an RNS should be published to state the payment has arrived. Next some folk will be expecting an RNS to say that CB had eggs and bacon for breakfast !!
Because it’s very material given our market cap of £12 million. This deal payment structure has been changed once already- nervous not hearing anything of a v significant payment from a company in a country that would be a bit of a nightmare to enforce in? Yup
Sorry for playing devils advocate but why on earth should we get an RNS to say we have received the money? I said this in July last year when we didn't receive an RNS to state we have received the shares. Shouldn't we only receive an RNS if the money is held up or won't be paid because that is a meterial difference to what had been RNS'd. Colin I am not expecting an RNS specifically on the money but maybe put a note in the next RNS probably concerning Luansobe to placate the nervous nellys
Chill, we’re all here for the same reason unless you’re not invested and just sad with too much time on your hands.
Each to their own and all that.
If CB pulls this off by end of year we’re all 👍
Tapping in annoys you ;-)
Like I say we will see.
Tapping out again so you can get the last word in again. You know you have to.
Shareholder, not a shareholder, it's difficult to tell with all the lame yet jubilant guffawing interspersed with looking at every opportunity to downplay progress. So 18 Months minimum to the Open Pit production, or sale, not based on anything except a feeling in your water. Got it.
Hold on a minute, where have I ever said I am amused by a dip in the share price?
When you are losing the argument just make things up lol.
Oh so I am a shareholder now lol you will even contradict yourself to make a point, so funny.
My 18mths is finger in the air, hey you got something right , but what I do know is it won't be September and very unlikely to be this year.
Your amusement at a dip in share price says a lot 'Levi Stubbs'. Yet I sense a lot of anxiety about you losing that £500 investment ;-) 18 months you said before the open pit . Your finger in the air estimates are like your finger in the air research. Based on not a lot.
Looks like a lot of sells there at the end of play - no news = loss of confidence. Really poor way to run a public company
The tick tock was not nursery rhyming slang Analytical, unlike you I am not that childish. It was the clock ticking down to September, get it.
And yet you feel the need to keep replying to it 🤣
yes you are ;-) ****ney rhyming slang...
Tick tock 😉
Oh dear. Usual suspects. 3CB, Levi, and then BS will no doubt turn up - and the usual swipe at my user id. Lol.
You are confusing me with someone who might think your usual unresearched investment thesis is worth listening to.
Yep already with you 3Cardbrag. Using all the usual childish soundbites like deramper and you can't be an investor, the usual playbook and out after every post to defend his position.
The good thing is we won't have long to wait to see who is right on Luansobe production.
Agree with you 100% Agent, no excuse for no news on this one
An RNS has to be published shortly as the deadline has passed. Think the worst or think the best and act accordingly.
You're wasting your time levi. Anal is an arch ramper and will do his utmost to stigmatise anyone with an even remotely contrary position. I'm, like you, invested and really want to see positive and profitable progress. But being in several Birdie companies as I am, scepticism comes with the territory due to past and ongoing reality