Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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It's just typical of Emma to be late!! I knew she would do this last week but I didn't want to post.
RNS, no surprise, delay in the transfer of subscription funds.
RNS critical - isn't it?
🙂🤔
What will the opening share price be tomorrow, what direction with it go in and what will the closing price be?
My only guess would be an opening price of 1p as that’s the funding price.
But I know nothing 🤪😩
Trading will be resumed....
GLA
😉
Thanks for your summary RightOn,
It's about time things start moving here...
Shareholders have been kept far and far too long in the unknown.
And that's a big understatement!
I attended the AGM. Not many of us. Maybe just 5 investors. The formal part was over in a flash. No real dispute and votes against minimal. Emma then gave an overview of the last 2 years. Technical and political. In short the operation is now known and stabilised. From a one shift operation they will now start to ramp up production, generating a regular income. With regular income they can then then look to expand exploration, which is the real potential jewell. People coming in have their hearts in the business, not just looking to fill their pockets.
Suspension expected to be listed early next week. I got the distinct feel we will be better off without Bill Trew. Finally when running with minimal costs PR was non existent. Emma was planning to change that.
I came away positive and will hold.
Great relief to see result. At least still trading, only a £1,000 plus invested here but after a few other horror stories I have been in its a welcome change. Been on a losing run past year after some good years looking at turn around miners. Only small part of portfolio but still hurts when you get it wrong.
Well all resolutions passed, no surprise.
Back trading on 7th May.
Circular sent out 10 or 11 April I think
I see no corporate action on my account has anyone else seen one? If we're meant to vote when does the vote become available? I assume you vote ahead of the AGM?
Hi Guys
I too wanted to go but was prevented because of an appointment with a consultant at a hospital.
The thing I think we all need to know is after the £1.8 million, which is primarily for paying debts and buying'
equipment, what happens then after what I presume is to get the mine up and running to nameplate.
If that ever happens it would be bloody remarkable. What is the vision for the future?
Also missed it and hoping for a bit of decent news for a change
Unfortunately, I’m up north on business this week, so not going to the AGM? Any here going? Would be great to get some feedback.
I'm assuming 2 things:
1. 2022 accounts now published have been audited therefore this is not a blocker
2. the company wants to vote on the finance package and admit the new shares is approved, at the same time at relisting. Otherwise, it is in a chicken and egg scenario - it unsuspends, without a voted finance package which secures it as a going concern, shareprice goes to close to 0, equity funders don't fund. So better to vote on the finance package which rescues the company, rescue the company, then relist. If only Horizonte could have done the same thing.....
So what needs to happen next ?
I’m presuming that the annual final report for 31st December 2022 have been audited . No mention of them being so in the RNS of 10th April 2024. Although a line item for audit expenses appears in the report.
The subsequent interim report does state it’s unaudited.
The RNS of 3rd July 2023 stated:
Trading on AIM for the under-mentioned securities has been temporarily suspended from 03/07/2023 7:30am, pending publication of the Company's annual audited accounts.
What needs to happen for it to be relisted ?
He may have gone, but I’m sure the ghost of The Publican still haunts the board, and he will have a cheeky read now and again. Time will tell if his views prove to be true or not, but we all hope the current glimmer of light turns into a shining beacon of glory, and we all have enough money to buy that fully loaded Kia Sorento I’m sure we’ve all had our eye on.
Excellent ! His fascination with Wasa and his holding made very uncomfortable reading.
ThePublican777 has left the building. He left four long messages this morning mainly directed at Wasa with his usual messages to him. This was on the HZM board. The last thing the publican said was he was emailing the administration to get his account deleted. Hence all his messages deleted as well.
The Publican
Your meltdown here is understandable, which I imagine is mainly borne out of the disappointment we’ve all felt. However, as Ian Dury sang, we have reasons to be cheerful. one, two three.
It may prove to be a stay of execution, but with the top end management no longer hindered by the Scarlet Blimpernell, I am reserving judgement.. for now. I don’t believe £1.8m would have been parted with without a pretty clear route map as to how they intend to go forwards.
It’s fairly well documented that gold mines in Ghana don’t always operate in a straight line, but we just have to hope that their plans to get substantial money out is via declared gold production and therefore increasing share price (and maybe selling it wholesale), and not ‘other means’. If it’s the former, then we should still finally benefit.
Hi Publican 777
Thank you for your apology but there was no need. I too am fed up with all that is going on but we just have to
see what happens and try and get the best out of it. I am not at all happy with the way the people on board have performed as it shows a complete lack of management which is totally unacceptable as they are using our hard earned cahs
Publican
Why on earth should I be ashamed of myself, the same as why on earth are you worried about other investors?
We all make our own decisions based on our own thoughts, I would not tell anyone or advise anyone what to do
for two reasons, firstly, unlike the sounds of you I don't profess to know everything about a share and secondly, it's none of my damn business who puts money into whatever they want. I also never said I was supportive of the management, I just stated things I have been told, doesn't mean I agree with it. I am here of my own volition, I have money in this share and want to at least get my money back, luckily, it only has to go to just under 2p to get it back. I have made many mistakes in shares and lost money and I have no problem admitting it, again fortunately, I have made more right decisions than wrong, that is the only thing that matters, some you win some you lose, but I certainly wouldn't preach to people like you do on this board. However you do what you think is right and I wish you well, P.S Can I have that larger and crisps please