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Sadly I think most PIs have just conceded this deal will go through as Usually with any other deal like this you would hear people shouting about it on bulletin boards like this,and as it looks only a few of us have concerns about the deal
It would be great to see some kind of publicity done here - also I fear many share holders hold these shares without keeping a close eye on what is going on - What is happening here is just wrong in my opinion Dalradian is being taken private essentially and I would not be at all surprised to see it re surface in a couple of years time with a price tag around the 2-5 Dollar range with the only ones loosing out being the PI's who have support the company thus far - I would have to think also that allot of strategic planning has went into this deal and would not be at all surprised if the recent drop in price we have seen was entirely orchestrated to lead us to this point - Absolute Disgrace
I presume it only those affected who can vote, i.e., not the Board or Orion.
Does anybody have any knowledge or experience of how to go about mobilising PIs to vote against?
They require 66% of the shareholders to agree for this deal to pass - Yes we are selling at a premium on last weeks price but this deal is still 20p below our 52 week high - and with more positive results since then and also 1 year closer to having planning permission granted I think the valuation of this buy out is an Insult at 84p - Also if I understand correctly the board of directors will retain their interests in the company should this deal go ahead - so if this is correct they have just sold the ordinary share holder out with no chance of obtaining the true value here
Can we hold out and not sell our shares or are we forced to accept the offer and sell
Totally agree - Not happy with this deal at all I think we should hold out to get the full value from this share
It’s remarkable how few posts are on here or other boards since this takeover was announced. Does anybody else think it’s a ripoff?
I’m still a long way off my buy price of only a few years ago. And, when all the signs are that this share will multiply in the next year two.
Hugh new Orion Finance buying at around 60% premium, mms have held this back all morning!
Mine just printed now that was made at 8!
Up, but not on leaderboard??
Trading at 60p equivalent yesterday in canada, hopefully some updates here soon GLA
Dalradian now proactively recruiting staff for the mine project through their website. They have also been using Northern Ireland commercial radio stations. Things must be about to start moving any time now....
BlackRock increase their holding again to 11.21%
Someone bought 500000 shares late on today something brewing ????
Patrick F.N. Anderson, Dalradian's President and CEO, commented: "These high-grade infill drill results support delivery of a positive resource update in Q2 2018, which will then feed into an updated feasibility study planned for Q3 2018." A great long term hold and investment here IMHO.
Tuscan - thanks happy to be corrected. Makes little difference to my investing timelines. As a side note all the talk of inflation �should� be positive for the gold price. That said, against a backdrop of (slowly) increasing interest rates. People sometimes say higher interest rates are negative for gold but history does not bear this out. Indeed, very low interest rates have NOT been gold partly because it�s pushed investors into stocks.
I think you are a little out with your dates. From the December 14th. RNS: " This work is vital to our updated feasibility study planned for Q3 2018. Drilling will continue into January so that we have the data we need to deliver a resource update in Q2 2018, which will also feed into the FS update."
Been monitoring for a good while now. Got 62p. Very happy with that considering Blackrock were building a 12% stake mid last year at between 80-100p! Planning application submitted. Resource update by end Q1. Updated DFS by end Q2. And this company generally delivers on their promises in my experience. Also more drilling outside of main deposit planned which is very interesting indeed - new discoveries? A really good price atm imho with nothing priced in for a gold price rally.
Dalradian seeks planning for major gold mine in Tyrone http://www.bbc.co.uk/news/uk-northern-ireland-42140913
Start of things to come? Black rock building? I wonder
Lovely rise on price of gold this will re rate soon ;-)) This has to be the largest gold project in the Western Hemisphere
Not invested here, just having a gander, Had shares in Con a while back so watching those appear to be creeping up (and they have operations in that province) does that combined with trying to read between the lines here suggest there may be gold in them there hills (and there's a ripple effect with the neighbouring companies) ?
I agree the warrant funding seems very strong news and at a premium to current price.
Options being excercised so that caused a bit of weakness. RNS released earlier today. Should be onwards and upwards from here ;-)) Placing price of $85M CAD @ 89p. Cashed up with more of the 30000m drill programme ready
Been watching for a while, but not in here. 20% drop in the Sp over the last month despite apparently good news or have I missed something? Anyone care to comment? Regards, R.
Are one of the biggest mine financiers in the world and they have put money in @ 89p. This is a takeover target. Mine application and approval must be in place by end of Nov. Still more results due from the 4km step out of drilling which has already seen significant drilling results. This will be taken out very soon by the big boys!!