Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Not sure if and how relevant is this but still an interesting read.
Rule 15: Fundamental changes of business
The consent of shareholders for a disposal may not be required where it is as a result of
insolvency proceedings. The Exchange should be consulted in advance in such circumstances.
The nominated adviser must inform the Exchange when an AIM company for which it acts
becomes an AIM Rule 15 cash shell or there is a possibility that it has become an AIM Rule 15
cash shell. Where there is any question as to whether an AIM company has become an AIM
Rule 15 cash shell or the point at which it becomes an AIM Rule 15 cash shell, the Exchange
must be consulted as soon as possible.
Where an AIM Rule 15 cash shell does not intend or wish to undertake a reverse takeover in
accordance with rule 15, it should seek to cancel its admission in accordance with rule 41 (in
the case of a disposal requiring shareholder consent under this rule, this should most usually
occur concurrently with the shareholder approval required for the disposal). In such
circumstances, the AIM company, taking the advice of its nominated adviser, should consider
whether funds should concurrently be returned to shareholders, seeking the approval of
shareholders where appropriate or necessary.
Where, within six months, an AIM Rule 15 cash shell does not complete a reverse takeover as
set out in rule 15, the Exchange will suspend trading in the AIM securities pursuant to rule 40.
Probably improving? Don’t you mean certainly improved truth?
Truth. This won’t delist! I know you have to take everything people say nowadays with a pinch of salt but everything that’s come from dbay points to The investment co. route with green white star as part of the portfolio. It’s too good of a business especially in the strange times we find ourselves at the moment I think greenwhitestar / ESL is actually going to surprise a lot of people with some Stella results from what I see out there!
I added some more earlier and very pleasured with that.
truth - you are still bashing ESL , claiming many of the radicals have left just to get more people to sell :) we are still here.
You're not invested here but you spend more time here than anyone. WHY? mr short?
You keep going on about cash shell as if its NOT public knowledge. It was in the RNS you ****.
We are all aware of that fact. That is why the share price went from over £1 down to its current price.
We all know ESL is in terrific shape. Business has never been better. DBAY bought £70m at 32p.
Look at what Dbay have done in the past and you will see they reform and bring businesses to life.
ESL is employing peeps. ESL is on the front line for country. ESL is much loved and will go
back to former glory. That is why people here have invested and will gain rewards.
As for you, Ibgo King, you lost £500,000 in one of your shares. Your post history will show that.
£25,000 you invested on ESL and sold 2 days later , was just a 'punt'. why would you bash a stock like that and surprise everyone by saying that 25,000 buy was mine? You keep talking about your analysis being right but you have never been right pl0nker. Its all in your history. you lose money everywhere.
WHO here would punt £25,000 on a share they think is ****ee?
WHO here would lose £500,000 and say am not bitter? you would have to be a Nigerian prince to lose 500k and not be bothered.
WHO spends all his tme from 7am - 11pm on a share chat he is not invested?
you are full of **** Truth. you are a serial loser and anyone that does not believe me can check your history.
Igob King is your twitter account. You are Nigerian and you are racist! we have seen all your twits.
You come across very polite and nice but we all know different. your short will burn. It a matter of days.
I'm actually wondering if they are going to RTO greenwhitestar and list it.
When are the results due?
https://mobile.twitter.com/LogisticsAcad/status/1245750584050954240
Jesus ****in Christ it’s like a flipping playground !
Truthfactory and Ethio you both are too far at either end of spectrum!
Yes it’s a cash shell! But regardless the oil price. AT, supermarket demand etc etc DOES impact the sp your post does infer that it doesn’t as “ it’s a cash shell”
And you bought at 7.3p for a laugh! Some of us aren’t laughing some of us are serious about this and want to see a return
And you wonder why you manage to get some people’s back up ?
And by the way I don’t buy the whole Nigerian twitter profile cobblers thing either! Not for a moment.
Just filter truth , he’s a shorter and makes his money if it drops below 10 , and then ramps it when he’s hedging it back up . I have no problem with people doing it , I’m sure he /she does well , but don’t believe anything he posts
Always worth reminding people
https://www.thearmchairtrader.com/eddie-stobart-logistics-share-price/