focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
And Still no News Nothing Come On Bradda Head how many years has it been Now at least 2 I think.
Hi Bill & thanks for the info look forward to some news I had been checking bradda heads web site for some info but nothing there to see.
Hi Bill
We have been advised by Bradda Head that they will be in a position to provide Zenith with the Burro Creek resource estimate when Bradda Head's disclosure documents are finalised for their re-listing on AIM. Unfortunately Bradda Head as manager is controlling the timing of the release of this information. As soon as the final resource estimate is provided to Zenith we will ensure that it is released to the ASX in accordance with our continuous disclosure obligations. I'm hoping this will occur in the next month.
Regards
Mick
Michael Clifford – Managing Director
Ph: +61 8 9226 1110 | Mb: +61 417 094 439 | Email: mick@zenithminerals.com.au
Mail: PO Box 1426 West Perth WA 6872 | Address: Level 2, 33 Ord Street West Perth Western Australia 6005
Well still waiting no news yet I hope they get a move on
Well at least something is happening slight delay till 2019 hope its worth the long wait!
Thanks. Looks like just me and you on here!
looks like will this cdc/life now bradda head will have a market by the end of the year looks promising
http://www.braddaheadltd.com/wp-content/uploads/2018/06/Bradda-Head-Investors-Update-June-2018.pdf
Bill just had confirmation of my holdings have been consolidated 10 to 1 & now held as Bradda Head Holdings but there is currently now trading platform for these shares this is from the share centre I do have another account to check.
Thank you very much Arfur for this update. So, in a nutshell it looks like former Life shareholders have 10% in a Bradda Head which itself has 55% interest in a JV with Zenith Minerals in various lithium mining projects in Nevada and Mexico and that they are currently drilling nd hope to find lithium in commercial quantities and list on AIM later in 2018. Let's hope it's not another balls up. Maybe some small hope for us. http://www.zenithminerals.com.au/aurora/assets/user_content/file/ZNC%202018/180501_%20ZNC_Burro%20Creek%20Drilling%20Commenced-Final.pdf
Cdc , life now Bradda Head hope something comes of this I have held life looks life the Dbc takeover is off ? Search for life science developments limited will now re-direct you to Bradda Head http://www.braddaheadltd.com/investor-centre/corporate-documents/
Tillerman - I understand the gloomy view and JM and LIFE's Bod are treating shareholders with contempt by not letting us know whether or not the loan to DBC was rolled over, which I guess it was. We are supposed to be getting 7% p.a. interest on the loan from memory, which is something. Hopefully, the Bod will not be drawing anything but minimal salaries. Whether JM still may use LIFE eventually to float DBC who knows. If I have a moment, I will e-mail the company secretary to ask for an update. Failing that, I'll try and phone, You never know, I might get a reply.
The dilemma of the DBC, where trading seems largely nominal, is summarised here. https://www.*************.com/views/29633/jim-mellon-s-diabetic-boot-company-spoof-unravelling-as-late-accounts-filed It seems they may well need further expensive (potentially very expensive) and time consuming trials to get those coveted reimbursement codes, that is the reason, I suspect that wannabe investors have been thin on the ground. it is no suprise JM seems to want someone else to fund these. Meanwhile, I expect LIFE is still merrily paying Director's salaries, and naturally nothing has been put on its website re the 'loan'.
Addendum: I posted the info on the PLE bb
Just to add further information, which was posted on PLE bb, used by Regency Pacific shareholders. (RP own 22% of DBC). DBC has raised £4m by way of convertible loan stock, £2m in December 2016 and another £2m in June 2017 and based on what was said in DBC's 2015/16 Accounts, the money is most likely come from Jim Mellon. The fact that he has, prima facie, loaned the company £4m and that he has now appointed Tom Nicolette to assist in fund-raising, does give some comfort in believing that there is still a reasonable hope that DBC eventually be reversed into LIFE. I have no idea how well trading is going, particularly in the extremely important US and whether the company has received the reimbursement codes it needs in the US and Germany as referred to in the 2015/16 Accounts; they are obviously of the utmost importance. I will post what further information comes to light as I become aware of it.
Tillerman, I'm more optimistic, but taking a long-term view. Just been looking up Tom Nicolette on linkedin:- President of Nicolette Consulting Group Limited 1982 – Present (35 years) NCG has completed 15 management consulting engagements since 1999 with clients in France, Switzerland, Germany, United Kingdom, Mexico, Canada, Belgium and USA. The engagements have included turn-around management, formulating strategic initiatives, executing business plans, private placement fund raising, IPO listings on NASDAQ Capital Markets, Toronto Stock Exchange and the London Stock Exchange, creating liquidity events for clients and investors. NCG is a privately held company incorporated in Delaware. Interesting that he was CEO and President of Akers Biosciences, Inc. between April 2007 and March 2014, a company listed on NASDAQ and the LSE. AKR develops, manufactures and supplies rapid, point-of-care diagnostic testing products for hospital laboratories, government, military, law enforcement and doctors' offices thru its' six patented platform technologies and 11 core products. Most products are regulatory approved with 10 patents issued. So he does have that experience useful for DBC. As JM infamously said in a twitter response to a question re LIFE's potential acquisition of DBC, 'watch this space'. Hopefully, the fund-raising will be done in the next few months. What is unknown at this stage is in what form it will be, where (US or UK) and whether LIFE will be involved.
There is very little chance of any return here imo. The farce where LIFE claimed that the DBC, at imo an absurdly elevated price level, was such a promising investment for 100% of shareholder funds that it was worth getting delisted over and breaking their commitment - still shown on the website - to return the remaining funds to shareholders, says it all alas. All of which was claimed don't forget, despite apparently zero interest from any other investors, at significantly lower price levels. It seems LIFE's purpose in LIFE was just to act a totally unconvicing price support mechanism for an always fanciful (given their weak financial and sales position) DBC float, plus paying out some very nice Director's salaries of course.
Sorry about the duplication but LSE blocked this one so I rewrote it then it got posted. Sigh
Thanks for setting this up Peter. I've been trying to get info on what is happening to Life and have phoned the number on the website three times, been promised calls back, but no response yet. The number is here - http://lifesciencedevelopments.com/contact.html I found this clip of Jim Mellon years ago where he says at about 3.50 that he is not interested in medical devices. Wish I'd known that earlier! And that he was a Leaver, as I would never have bought, or would've sold before suspension. Oh well, it was my own decision. Sorry to bring up politics. Wonder if we will see anything back. https://www.youtube.com/watch?v=kA6wQW1OJ6g
Thanks for setting this up Peter I have asked LSE why LIFE has disappeared Also I have rung the company itself and asked what the state of play is. The phone is answered 'Burnbrae' and I've been promised a call back 3 times but have not had one yet. I'll ring daily next week.
Hi SP7 I know what you mean about JM and co. RPG is in the doldrums yet again due to the usual delays and no news. Most investors are waiting on the interims which should be out any day now. It could be just be a coincidence, but previous years they have announced profit warnings before todays date and as such this could indicate a flat H1 since there is neither a positive profit alert. That said, what will be of more interest is a possible operation update with the coming EU launch (end Sept/Beg Oct) and a possible HK launce before year end. Mind you most are also wary of possibly further delays given JG's previous track record. With respect to JM's other companies, I don't see how he makes any money from any of these and must rely on his property assets in Europe, which I understand most of his money is in. All his AIM tiddler companies seem to me to be just a sideline hobby. Not sure why he gets the WB reference since they appear to be like chalk and cheese. Anyway, fingers crossed for both LIFE and RPG.... Maybe they just can pull something out of that hat ;-)