Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Steamraise
Thanks very much for posting and welcome to the board.
Nice one on the vote.
Which platform are you on?
My first message on here after being a member for several months, simply to confirm I have voted against all resolutions.
LFG :)
Yet again lotto succinctly sums up all the reasons why as private investors we desperately need to get rid of the three barnacles on the boat.If you are with ii they have yet to update their corporate actions page and I suggest that you ring them and say that you want to vote no to the four resolutions! Support Gareth and Alex! Be patient and as an investor in this share your whole life might change!
Dead easy system one box to tick - well done HL!
Just voted with my meagre 700k shares. All adds up I guess.
Nicely put Lotto - I couldn’t agree with you more. TB and wiggy do still appear to be dragging this BOD down and should have left weeks ago. Also I fail to see how SpAngel can still be allowed to operate as our NOMAD. Exactly what advice have they been giving over the last few months - and how has any of it been in shareholder interests?? How about we start a move to get rid of them too?
Evening folks :) I just logged in and completed my voting, rejecting all four resolutions. Not sure if this was discussed today, apologies if it has already been-no energy to go through all 800 posts, I tried.
I thought it was interesting that Resolution One to allocate warrants is an “ordinary” resolution, ie needing only 50% votes. This therefore needs the full force of PIs who have gotten shafted over the last few months. The second resolution that essentially offered the warrants to new holders (ignoring current holders rights) needs 75% votes in favour. So an interesting scenario could arise-where the first resolution passes (needing fewer votes in favour), BUT second resolution fails. This means the board is then forced to offer the warrants to existing share holders in proportion to their holdings? Only a theoretical scenario-ideally we block all resolutions.
Why do we need another 10% head room to dilute further? When even the current raise has not been properly justified! Can we have a clear plan on why the raise occurred, where the cash will go-we will have over £6m in cash if all warrants get cashed. Exactly how “early stage” of GyroMetric and Cloudveil?
I thought the language of the latter part of the RNS smells of a TB hangover, subtly threatening. Trevor needs to leave because I sense he is still trying to orchestrate proceedings and timing the news flow. So does John Richardson because I don’t believe he is independent of the previous board.
Of course the topic of the warrants is an emotive one, when it has followed a 50% dilution. (From 1680m shares to about 2400m!) Especially when the dilution is conveniently AFTER all the directors and NEDs sell out their entire holding of OVER 800m shares in a naked ramping PR campaign! (I include the BRH shares, Paul’s shares, the options/warrants to the unscrupulous Nomad and broker etc). Lie after lie after lie. Dirty manipulation. Yet the board expects us to remain civilised-interesting dichotomy isn’t it?
But lets keep emotions aside from investing and can the board please look at the staggering level of dilution and games played here by the previous board, the nomad SP Angel and broker Peterhouse being willing participants. I think the new board needs to make the effort to understand historic events and validate the anger of investors, rather than dismiss it with casual statements.
I note the appointment of a new Investor relations group (IFC Advisory), so I hope we can expect some semblance of IR now. This company has been run in a shambolic manner under TB’s reign (I use the word “reign” facetiously to indicate the autocratic decision making). Please vote folks to block all these resolutions-they are all ridiculous in my humble opinion and need blocking. Every vote counts, especially given resolution one needs only 50% of those that do vote. All above my two pence opinions only. Please DYOR. Good luck al
Anjugarg89 ...........log onto your HL account. Go to the accounts summary and choose the account where you hold RMS. Look for the RMS holding and on the right hand side, you should see a black envelope with a tick in it. That's the corporate action icon. Click on it and it brings up the four voting option. Click on your choice of option and hit the 'send' button. You will get a conformation straight away and an email as double confirmation. This thread is universally voting AGAINST all resolutions. Good luck with it.