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Is the next few weeks....why do you think this? Do you have any evidence to suggest this or is it wishful thinking? If I'm honest I think it's lost money but I'm to be proven wrong :)
Looks like we will have some sort of news flow in the next few weeks with regards to new advisor coming on board. Fingers crossed here for everyone.
Watch this space.
Looks like BLCC have gone very quiet. Hope it comes back with a bang.
Aren’t they obligated to update shareholders by aquis....and aquis by the FCA? It’s over 2 months now since suspension.
Sorry Aidan not a clue , beggers belief that no comment . Update of some nature would be respectful
Does anyone know what is going on at present?
Thanks
I wish I could buy...at present.
I've seen this situation 100's of times over the decades I've been investing.
We doubt we will get to invest as a placing, a big investor or a couple will be in discussion with Ian.
The key will be the dilution we face, however the growth and relist should be superb.
I'm estimating £500k of raising which will cover infrastructure and up to the 1st crop.
The timeline is uncertain and obviously I'm speaking from experience nothing more.
I'd expect based on time for planting/growth/harvesting etc, that once relisted add 3/4 months and then income.
So in theory it could be between July and next March....exciting times.
I’m was fairly content before reading zulu-one’s findings. I’m now genuinely excited to see what happens on the return of this listing.
Are we in at the beginning of something big?
Fingers crossed!
:-)
zulu-one, you're doing good research work. Thanks. Personally, I'm so far underwater here I'll get the bends if we ever come up.
Had a chat with a guy from Aquis Exchange, they have six months to replace the Corporate Adviser or they would be removed. He said it was unusual for them to resign without notice but could be that the cannabis business was a problem for them.
Then spoke to Brian Stockbridge from First Sentinel Finance and he said they just didn't tick all their boxes and its not unusual for corporate advisers to resign , they didn't have a problem with the cannabis side of the business but he couldn't go into it ,i asked him if there was anything fraudulent or law breaking and he said definitely not.
Would be good if they keep it suspended until the deal is done..
So it's been almost a month now since we've ceased trading and we have had zero communication from BLCC. How long can a company be demister for before they are completely removed from the lse?
Excellent, much appreciated detective work @zulu-one.
If this was done so that certain people could offload their stock why are our partner selling their entire interest in the Emperium Cobalt Project , "the Company will change its strategic direction and focus on the recently announced medicinal cannabis licence opportunity in partnership with its UK listed partner, Block Commodities Limited"
Century Cobalt Corporation Provides Strategy Update and Potential Sale of Assets
More content below
Century Cobalt Corp.
March 23, 2021
In this article:
More content below
CCOB
Century Cobalt
0.0350
0.00%
LOS ANGELES, March 23, 2021 (GLOBE NEWSWIRE) -- Century Cobalt (OTC: CCOB), further to its announcement made on March 17, 2021, announced today that it has signed an MOU and entered into discussions with UK-based Technology Minerals Limited (“Technology Minerals”) for Technology Minerals to acquire the Company’s entire interest (“the assets”) in the Emperium Cobalt Project, (the “Project”), based in the Idaho Cobalt Belt.
Technology Minerals is comprised of mining assets and a major recycling group, laying the foundations for the UK’s first meaningful green circular economy in the battery industry and is currently in the process of becoming a UK-listed Company on the on the Standard List of the London Stock Exchange, by way of a Reverse Take Over.
Technology Minerals will extract the raw materials required for Li-ion Battery cathodes and then help solve the ecological issue of spent Li-ion batteries by recycling them for reuse by battery manufacturers.
To date, Century Cobalt has focused on exploring and developing its large Emperium Cobalt Project to take advantage of the growing demand for secure, domestic cobalt supplies, but the Directors believe that a sale of its assets to Technology Minerals represents an attractive and quicker route to monetize the Project.
If the negotiations are successful and the sale of the Project is completed, the Company will change its strategic direction and focus on the recently announced medicinal cannabis licence opportunity in partnership with its UK listed partner, Block Commodities Limited.
Surely they can’t keep shareholders in the dark for so long. Thanks for the reply Jumpingfrog .
On a different note, aren’t they under obligation to explain what’s going on? Aquis suspended blcc cause of corporate adviser resigning, but nothing came from blcc. Should we form a group to write to blcc and aquis, if only to know where we stand? Can’t leave shareholders’suspended’ too lol
Bit of a delayed post....strange
Before suspension :)
How when it's suspended?
I brought more ooops :(
You seem way more optimistic than me Jumpingfrog, as my gut feeling was that this was only brought back briefly with a cannabis seed jackanory so certain people could offload their stock, what was the deal between the offloader/s and First Sentinel Corporate ? How long were they corporate adviser for ? About 16 days ? Looks dodgy to me.
Hi,
I don't know any information as this would be published by a RNS.
I said "I reckon with 2 weeks"...........
I logic I follow is why would Ian and the team spend the time and effort having the options on the seeds/licence IF it wasn't likely to take place.
These are experienced executives and also qualified specifically in this field (see the SAB make up).
It could be today or a few weeks, but I'm confident news will come, otherwise Ian would have simply ceased trading to save time and effort.
Jumpingfrog, how do you the adviser was added? Has there been any news? Cheers
Because Ian has 150 000 000 options to collect at 0.2p that's £300 000 waiting for him... I like it when Directors are motivated to move the price higher.
Yes...I reckon within the next 2 weeks, adviser added and a private placing. Why?
Because....why would Ian and the team bother with the licence and seed options...
What’s the chances of an update in the near future ? :(
April fool?