The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Consolidation is 300:1, so I guess if you multiply the current value by 300, would assume this would be roughly correct. But nobody knows for sure what the figure will be on opening.
doesn't sound right. should be 5000 x 19.75p = £988
Sounds about right
My account is saying that my consolidated shares now 5000 from 1.5 million is valued at £3.13...........is this correct anyone?
Looks to me as if this is going to bigger than than first thought when relisting. Copper development first then Gold and then perhaps acqusitions to grow a diverse mining group.
Certainly looks that way.
So we will have a new name when relisting ?
Given the current copper price, I believe Ismalia's target range of 80-100p is achievable; with a greater likelihood of reaching the lower end. The upper end of the estimate will probably be reached upon a copper price $3.25/lb. All speculation. Who knows.
The renaming is stated at the end of the article. When Kevin states 'unsuccessful', I believe he's implying that the RTO wasn't completed in the six month timeframe.
Hi GS and guys, I'm a little confused here, help me out. The link from GS says the rto was unsuccessful, I was under the impression it was still going ahead ? Also, I can't find any reference to us being renamed and if we are, how come our investment will not be affected ? Thanks for help......back to the swimming pool and a cold beer !
What was the price for the consolidation?? anyone knows ...thanks
We will be called Cradle Arc Mining and will be dual-listed on the Botswana and London Stock Exchange: http://www.mmegi.bw/index.php?aid=71128&dir=2017/august/22
Mcfirth you have my respect my friend you know what your talking about
Many thanks for the information harpmandoodle.
I.e. if you gave a false email adress you will not see the letter.
Please note you can only see the letter back from ALO.L if you have confirmed your email address on the forum. I.e. if you can see the category - Member Shareholding, then you can see the letter today.
Hi harpmandoodle Thank you yes I agree all is not lost ... in fact far from it I still think it will be a great investment , but I still don't like being treated like This / that by the board ........... I am sure once i am in mega profit I will have calmed down a bit :)
Company wrote to tyhe shareholders group and it is available to see on the forum website. It suggests PIs can invest at the market rate. This is excellent news and thanks again to allianze for his outstanding contribution to date. Averaging down: Now that is a good idea and i look forward to having a small fraction of it. We now have to wait to see just how they intend to raise capital from us at investment company 'rates'. McFirth take note, all i not lost on the investment front.
Bodes well when they realist imjo
Not really keeping up at the mo, hols in Majorca for another week and a half, just wondering why we are not mentioned in the link posted earlier ? Sounds good GS, everything is could be at the mo but it's all quite intriguing and more exciting than the local coffee shop !
Upon successful completion of the DMS plant and a prevailing copper price of $3.50/lb, ALO could be worth £200mill in Q3/Q4 2018.
it came up twice!
''Von Wouw is also said to have told the miners that they are fully aware of the disbelief that still exists about the earnestness of the mine' 'Von Wouw is also said to have told the miners that they are fully aware of the disbelief that still exists about the earnestness of the mine' Bet it's not as mistructing as the shareholders of ALO.L now, apparently, funding this project. Question: Why sell the gold if this Cu mine is 'now at breakeven point'? Answers on a postard to.......
''Von Wouw is also said to have told the miners that they are fully aware of the disbelief that still exists about the earnestness of the mine' 'Von Wouw is also said to have told the miners that they are fully aware of the disbelief that still exists about the earnestness of the mine' Bet it's not as mistructing as the shareholders of ALO.L now, apparently, funding this project. Question: Why sell the gold if this Cu mine is 'now at breakeven point'? Answers on a postard to.......