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Big sell at 8:18am but far bigger buy (delayed transaction) from just three mins earlier. If that’s a genuine buy then someone is confident of making a few quid here. Is Robin going to turn out to be a Christmas Robin after all?
Are people here worried this transaction won’t go ahead?
From the recent RNS : We look forward to updating shareholders once the banking restrictions are successfully solved.
Hopefully this will be done before Christmas!
IWould think we’ll be told what’s happening when Robin puts together the sales pitch for the next venture(reverse takeover) he’ll want to do the payout and venture news close together to drag along as many as possible.
For sure they’ve known what the plan is for a good while.Expect we will be the last to know.
MD
Then perhaps the banking issues are already sorted and it’s trying to put some kind of option for the future in front of share holders that’s holding things up. Wouldn’t put it past RY to deliberately hold it up now. He does love his gravy…
Dont think Svidlov will allow the delay.
They need a bank to accept barings money, surely there must be some banks willing to do business.. gone on far too long, sort it out.
Roger i too saw that statement in rns, RY must be crazy to put that in if he wasnt confident the deal will go through..
What ever the plan is going forward that RY comes up with I hope it won’t be anywhere near Russia! Ideally Australia or the US as those are the safest jurisdictions.
Come on Robin get some news out please!
Canada is good also..
Sorry, I meant North America as a whole. Canada would be great too. Going to be fascinating to see what he can come up with as the metals markets are in such a lowly state just now. If he can line up purchasing a license with the right product at the right time then there is life in this old dog yet. But please, get that money in the bank before Chrimbo!
I wouldn't get to fixated on Canada as some sort of promised land. Take a look a Pure Gold. Hyped by management most of whom sold large chunks of shares before it all collapsed. Touted as the next big think in gold mining with spectacular grades and big names on the share register. It all turned out to be smoke and mirrors.
That's mining for you.
TDT
Someone will pick that up on the cheap, the point i was making aus, usa and canada safe jurisdiction for western companies..
But not necessarily any safer for PIs.
TDT
fwiw Ive never been shafted by any Russian company but ive been shafted many times by AUS, CAN, USA and UK companies.
JEZZAC
Likewise.
TDT
Jezzac
So what about this one, we going to pass the finish line?
Maybe RY can give us an update via interviee just like he did when he wanted deal to go through
How long could RY hide behind the sofa on this? Another 6 months, using the excuse of sanctions/ongoing banking trouble?
He’s probably still looking for his mrs in Harrods
MD
They had target date of 1st nov but then they had banking issues, its been 6 weeks since then, surely if they are having problems they need to act.
Also if the money should come they should be ready to go asap, what exactly is RY doing now?
"what exactly is RY doing now?"
Apparently, payment was made in cash and Robin is busy counting the bank notes....
I actually think we are gonna get shafted.
We’ve already been shafted.
But you’re not aloud to say that or your posts go missing.
Just like our money
I wonder if there is a timeframe by which of the deal isn’t concluded it’s voided?
Clearly between RY and the buyer they’re not mandated to find a solution so perhaps this sale just won’t go ahead for years. It’s what Sviblov wanted. This way Amur it’s trapped, no one else will get their hands on it and Sviblov now has as much time as he wants to find the measly $35m.
RY yet again has failed to actually produce a result for share holders. I really hope this guy is put out to grass soon and then put out of his misery. Walking disaster for investors.
I, for one will not invest in any company where any of the current
BoD members will eventually surface.
Definitely out of the question.
I dont think its delay on Svidlov side more to the fact west institutions dont want to deal with russia.
When RY was selling this to shareholders to dispose KM he was implying the hard part was to get authority from russian govt, that sailed through. Why on earth are directors taking so long if they having trouble then they should talk to the cypress accounting firm kiteserve.
RY doesnt care how long it takes hes getting over 12k per month regardless, seriously he really should step down..
When he wanted the 35m deal to go through on two occasions he did interviews with proactive, since then there has been nothing apart from saying more difficult to transfer cash to company bank.
The only way this doesnt go through is if the west start throwing more sanctions at oligarch and Svidlov is sanctioned too.