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Started: elegantlywasted, 6 Jun 2023 18:23
Last post: suey77, 6 Jun 2023 21:09
I expect these to open at 5p - as thats what the fund raise price is.
I hold these with ii. They were in my ISA account, but ii have opened a normal trading account and transferred them to there. They said ISA rules mean you cannot hold de-listed shares.
I have seen in the past that shares that list on the exchange cannot be traded for a few days - it all depends on the platform you use and how good they are at sorting it out.
Yes its going live on Friday 9th!!!
Very exciting.
As per the 1st June prospectus on their website:
'Admission is expected to become effective, and dealings in the Company's Ordinary Shares will commence at 8.00 a.m. GMT on Friday 9 June 2023, under the new ticker: "REE"'
I have been in touch with the company and it's all good to go. Big PR push next week. Get them below 10p on Friday while you can!!
I write to ii where my ANR shares are held to verify the listing on the 9th and they said they hadn't received any information that confirmed this.
Anyone else holding there shares with ii got any further info?
Listing on LSE Friday 9th June under ticker "REE"
https://polaris.brighterir.com/public/altona/news/rns/story/w9j00px
Started: billselsey, 11 May 2023 19:53
Last post: Joe666, 28 May 2023 12:25
I'm expecting a strong bounce when it lists.
Very disappointing this hasn't materialised on the LSE, but I'm glad that I waited until it had listed before making the decision to invest.
I hope this is resolved quickly for the loyal shareholder base that has supported this company on AQUIS.
I'm deeply troubled. Long term holder here, just trying to claw back what I've lost down the years in this share's troubled history.
Https://wp-altona-2021.s3.eu-west-2.amazonaws.com/media/2023/05/Altona-Rare-Earths-Plc-Update-on-Stock-Market-Listing-15-May-23.docx
Looks like the wait is going to be a while longer. No date as of yet.......
The information of the listing is very poor, not a very good start!!! When ????
Last post: suey77, 16 May 2023 04:49
Probably about 2 weeks old.
https://youtu.be/xxGfwST7skk
Last post: Trevally, 10 May 2023 11:02
Anybody have any idea about what is happening?
Yup - they had 70 days....I am not to sure what is actually happening to our shareholding?
All very confusing right now
I had email from ii to say they will be transferring my ANR shares from ISA to normal trading account. Looks like ISA rules do not allow you to hold delisted shares.....
Surely this does not take so long? The guys have been looking at it until dec? Was all excited that it would go once it goes live, but as it stands I think the momentum will disappear
They're waiting on the FCA for final sign-off and I wouldn't be suprised if the people who do that job are enjoying a nice Easter holiday. The twitter account is still live, but no point them tweeting until they have a firm listing date. All very frustrating but it's going to be resolved eventually, hopefully in the very near future.
Whats happened here? The listing has not happened?
The twitter page has come down....an no updates on the website? This delay is considerably more then expected?
Started: rooty2, 20 Mar 2023 12:44
Last post: reehunter, 21 Mar 2023 09:18
Sorry, that should be through whoever holds your shares
Voting available through your shareholders till 24th March
The announcement will be on their website and can also be accessed on www.investegate.co.uk. i'm sure someone will post it here too......
Think I saw end of March/1st week of April somewhere
(Is it just in the Regulatory News & Alerts section of the Altona website or elsewhere too?)
Started: SomersetUK, 17 Mar 2023 07:08
Last post: grazzyman, 17 Mar 2023 15:41
UGHH... Tried adding to my position today to find that ANR is no longer tradable in my SIPP. When did that kick in?
When the Maiden JORC comes this share will move to next level big time.
So undervalued. A massive resource.
This is my number 1 stock in my portfolio for potential upside.
Could comfortably move through to 20-30 million market cap by year end. Even then it would be undervalued compared to its peers. Occasionally you get hidden gems on Aquis. Here is one of them and they are about to hit the big time and right now they are so under the radar. Come on Altona!!!
Maiden JORC resource will be in May.
This slight delay could work to their advantage ... The maiden JORC resource declaration is going to almost coincide with Main Market listing
Ok, so trading stops today. But Listing on Main market won't be happening on Monday anymore. Probably the week after.... fingers crossed!
Sorry I did know that. Not sure why I said aim. Doh
Not listing on aim, was there before aquis listing.
Listing is on to main market.
Stockbox Wednesday next week will help
Especially as listing on aim should be live too
Nice 18% rise so far today. Few people getting in before the warrant holders meeting I guess. Another little push and I'll be green again. Woop woop.
Looking forward to the relisting.
The placing was oversubscribed.
Hoping list price will be 10p.
Then see what the market thinks Monday morning!
Started: Unwise, 27 Feb 2023 12:23
Last post: SomersetUK, 10 Mar 2023 11:17
10 March 2023
ALTONA RARE EARTHS PLC
("Altona" or "the Company")
£2.0m Fundraise
Proposed Admission to Main Market and Withdrawal from AQSE
Altona Rare Earths Plc (AQSE: ANR.PL), a mining exploration company focused on the development of a significant Rare Earth Elements ("REE") mining project in Africa, today announces the Company has raised £2.0 million via an oversubscribed placing of £1,720,800 (the "Placing") and a subscription of £279,200 through the issue of 40 million new ordinary shares at 5 pence ("Issue Price") per share ("the Fundraise"). The Company announced on 2 February 2023 that it was seeking to raise £1.25 million in new capital.
The Fundraise is conditional on, inter alia, the proposed admission of its entire ordinary share capital to the Official List (by way of Standard Listing under Chapter 14 of the Listing Rules) and to trading on the London Stock Exchange's Main Market for listed securities ("Admission").
The intended use of funds will include the completion of Altona's maiden JORC compliant Mineral Resource Estimate and a Scoping Study for the Company's flagship asset, Monte Muambe Rare Earths mining project ("Monte Muambe"), in northwest Mozambique, which is expected to be published in May 2023. This will enable the Company to increase its holding in Monte Muambe Mining Lda (which owns 100% of Monte Muambe) from 20% to 51%. The funds will also be used to repay certain creditors and general working capital purposes.
Subject to the approval of the Company's prospectus by the FCA, Admission is expected to become effective, and dealings in the Company's ordinary shares are expected to commence at 8.00 a.m. GMT on 20 March 2023, under the new ticker: "REE".
The Company will make a further announcement once FCA approval of the prospectus has been received.
I'm guessing that most sells that are just below bid price are actually buys. Also, the trades seen here are not the full story. Some are hidden and can be seen on AQSE.
Date & Time Volume Price
27.02.23 | 12:14:54 45393 5.25
27.02.23 | 12:13:08 49184 5.25
27.02.23 | 12:11:21 91312 5.25
27.02.23 I 11:41:12. 359601 5.3
Bought more than a handful today. Upcoming events will be truly transformational for the Altona and the company can finally realize some of its hard work - current mcap is laughable!
Started: McHiggo, 7 Feb 2023 13:26
Last post: McHiggo, 7 Feb 2023 13:26
Looks like the listing will hopefully be in March after they've completed the IPO raise. CTW has advised to email/ring him for info if you want to get involved, his details are normally in the RNS'. I think they want to get it boxed off pretty quickly. Let's hope this is the beginning of moving in the right direction
Started: Joff1, 7 Feb 2023 08:38
Last post: Joff1, 7 Feb 2023 08:38
Started: Joff1, 3 Feb 2023 14:45
Last post: billselsey, 3 Feb 2023 17:02
Cheers Joff1, bit of luck get some put into the new ISA in April.
No specified date yet. See Stockbox interview:
https://t.co/anyTRjNFsL
Missed out on the deadline though of 31st Jan, so now they are having to take out loans. So dilution will be heavier.
When !
Well it seems Altona will be listing on the main market finally.
I look forward to it.
Started: suey77, 15 Dec 2022 21:48
Last post: PartyPooper, 20 Dec 2022 22:34
Glad I got out of this last year, would be pleased to re-invest next year, bags of potential and potential of lots of bags!
Saw the Stockbox interview - very impressive stuff and I'd love to buy, probably like many others watching this share. But now we don't actually know which exchange the company is going to list on.
I get it that FCA has been impossible to deal with over the last year but I'm not inclined to buy now until the listing has been executed given geographical uncertainty on the exchange.
Started: suey77, 8 Dec 2022 04:28
Last post: suey77, 8 Dec 2022 04:28
Started: kennyruss, 25 Oct 2022 08:49
Last post: kennyruss, 25 Oct 2022 08:49
Couple of hefty buys here......
Last post: Dextaman, 11 Oct 2022 18:15
Info out on aquis.
Started: SomersetUK, 8 Aug 2022 11:13
Last post: LoveHandles, 23 Sep 2022 14:43
You think so?
I think it is starting to look doubtful that they will get the main board listing or raise the equity required.
Needs new management team.
All those warrants and options...are worth diddly squat right now.
8 August 2022
ALTONA RARE EARTHS PLC
(“Altona” or “the Company”)
JORC COMPLIANT EXPLORATION TARGET ESTIMATE
HIGHLIGHTS THE GLOBALLY SIGNIFICANT SIZE AND GRADE POTENTIAL
OF
MONTE MUAMBE RARE EARTHS DEPOSIT
Altona (AQSE: ANR.PL), a mining exploration company focused on the evaluation, acquisition and development of Rare Earth Elements (“REE”) mining projects in Africa, announces that it has completed a significant milestone, where the Company has estimated an Exploration Target of up to 56.6 million tonnes at up to 1.65% Total Rare Earth Oxide (“TREO”) (in compliance with JORC1 2012) based on its ongoing exploration work.
This estimate is ahead of the publication of a JORC Mineral Resource Estimate, which is on track for Q1 2023 and it is Altona’s first independent review of the drilling results to measure both the estimated size of the resource and average grade.
HIGHLIGHTS
-Estimated total tonnage of up to 56.6 million tonnes at 1.65% TREO
-Including 11.5 million tonnes at 2.41% TREO, corresponding to a well-defined high-grade zone
-Monte Muambe on track to become a significant, high value project
-Maiden Resource Estimate expected publication date - Q1 2023 and,
-The project’s Preliminary Economic Assessment by Q2 2023
Started: AnthonyJames, 19 Aug 2022 11:01
Last post: rooty2, 24 Aug 2022 15:29
Thank you, great info there.
Your shares stay with you. They are attached to the company, not the market. So when the company joins the main market, you will be able to trade on the main market. Also I think when the company I listed they will be changing name to REE from ANR. The only thing will be the first few days or week of listing, you might not be able to trade as whichever platform you use will need to add the company onto their system.
Sorry if this is a stupid question.. but does anyone know what happens to these Aquis listed shares when the company joins the main market? .... do we still buy/sell our existing holdings via Aquis or by the normal market mechanisms?
Pretty astonishing they've managed to place over £1m at the current ask, especially as directors have taken around £100k. Really looking forward to seeing this re-list. I understand the book was tight and the company have plenty of news to come.
Started: kennyruss, 19 Aug 2022 08:09
Last post: kennyruss, 19 Aug 2022 08:09
Started: elegantlywasted, 14 Jun 2022 11:39
Last post: saintpeter7, 3 Aug 2022 02:54
Extract from Altona to Shareholders on Monday
I wrote to you back in May when we launched the fund raise to allow us to list on the LSE – the amount we have to raise to complete this transaction is set by our 12 month working capital needs and the frustration for us is that the FCA won’t allow us to raise this is two tranches – ie, what we need for immediate work and then return for more capital in 6 months’ time.
Whilst raising capital has been a simple procedure for Altona over the past 2 years, we launched the IPO raise right at the start of an unprecedented European crisis (!) and to date, we have committed investments of perhaps 60% of what we require. The capital markets are very tough at present and are likely to remain so until 2023 and therefore we have reduced our 12 month spend to match these economic changes, including a 50% reduction in Director’s salaries.
Crucially, our work at Monte Muambe remains on track, operationally and within budget, and the project is surpassing our initial expectations as to size and grade.
So, after taking advice from our broker, we are today relaunching the placing - the placing price will remain at 8p, which offers a small discount to the market price - but we are also going to issue a full warrant also at 8p, which will carry a 12 month expiry date.
We will keep the placing open for the next two weeks, so we can aim to finalise the LSE listing in early September. Subscribing investors will not need to pay for shares until the end of August.
I have attached an investment summary which provides an update on Altona’s rare earths mining activity at Monte Muambe in Mozambique – as we have started Phase 2 drilling, we now see MM becoming one of the highest-grade carbonatite REE projects in Africa, with average TREO grades higher than our UK contemporaries for a similar geological asset.
still no news on the date?
Grazzyman, now is the time to buy if you are able. 8.1p is holding strong and will act as a springboard to better times ahead. Listing is imminent and Aquis holders deserve a leg up after a disappointing run on the exchange!
Any idea what you think the sp will do once listed?
I have a small holding, but didn't feel comfortable going in bigger whist not on the main listing. Could be exciting.
Just keeping a close eye on this trying to jump onboard at the right time, lots of potential here, Main Market must be close now surely?
Started: elegantlywasted, 23 Jun 2022 10:48
Last post: Serge_Farrar, 4 Jul 2022 15:48
End of July targeted
Goodness knows when the main market listing and raise will happen. I expect it to be delayed further until markets become more settled, whenever that may be. Unless someone here knows better.
Would be good to get an update on the main market listing...
Started: kennyruss, 8 Jun 2022 08:33
Last post: Nathan90, 8 Jun 2022 18:18
It sure is going to be fun, not long now guys ;)
Amazing. This looks like a monster deposit indeed! So under the radar this company.
I am sure these results today will ensure a smooth and successful move to the main LSE list.
Can't wait for more news. Cant believe there hasn't been a single share trade today, on news this good? Bonkers.
I have 10% of my portfolio in this one. Its going to be a mega win over the coming few years. Strong Buy. Check out the RNS on Aquis anyone who hasn't read it.
Looks like this is a monster #REE deposit in the making!
https://twitter.com/AltonaRareEarth/status/1534418717408473091?s=20&t=Xzx9AtPurQVaHddRphGfOQ