Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video 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.
Think my journey with HAYT needs to finish right here. GLA
Correct link. http://tradearabia.com/touch/article/OGN/325865
More work for partner. https://www.powercastco.com/author/powercast/
48p on the Buy today; waiting for my usual 47p; rinse and repeat.
Oh I see - sorry I thought you were talking about the short term extensions, rather than long term re-financing of the term loan.
Think we're saying the same thing, point was if AVG weren't involved the finance would now be sorted.
Quite the opposite imo. I think it's fairly obvious RBS are extending the loan precisely because AVG are around. Not indefinitely obviously, but for the time being and for the current bid extension period expiring later this month. And take your time AVG. Delve deep and get any bid right. Does anyone know who AVG's main bankers are btw? I think someone on this BB suggested interestingly that RBS might be interested in banking the enlarged entity, and this might be influencing RBS's approach.
Fairly obvious now that RBS are not going to extend loan until the result of AVG approach is known. So in some way HAYT need to give AVG a permanent timescale and stick to it not fanny around with extentions. The sooner they decide the quicker RBS can decide. RBS won't need to finance the joint company so in a way AVG are preventing the re finance going forward. AVG put up or shut up.
Good RNS. Keeps things steady. HAYT is and always has been imo a strong bankable business. So I’m sure there was no problem HAYT and RBS agreeing another small kick of the can down the road. Also HAYT, AVG and RBS will all understand the true strength of the HAYT business, and that’s all that’s important at this stage. The market seems to have interpreted the can kicking over the last few months as evidence of HAYT having wider funding problems and difficulty obtaining reasonable banking terms, but I don’t think there’s any problem at all. I reckon banking’s sorted and parked pending the outcome of AVG’s approach. HAYT resolving the banking issues now would neither strengthen nor weaken its hand in the discussions with AVG imo. Working out how to structure the HAYT debt and business within an enlarged AVG will be the “easy” bit for AVG. The tricky bit is putting a present value on HAYT’s future prospects, and I imagine that’s what’s taking the time. Thankfully I now have a large freshly laundered pile of undies waiting in the airing cupboard, so am as prepared as possible for the nervy countdown to AVG’s decision.
Sure was, perhaps first thing tomorrow
Mmmmm, no RNS? RBS deadline was today wasn't it?
Maybe not ;-)
11.45
The same time as April's I'd have thought. What time did they announce then?
Any guesses what time 11.30am.
looks like it's been extended then.
Niavgra Faills
Just caught up on the board. Thanks all for the takes on the current position as it's always interesting to hear the views of others. Think GW is right that we shall all know where it's going before any RNS as the lead up to this deadline was, after all, remarkably quiet on trades and told it's own story.GLA
Possible but more likely another extension of rbs debt situation to end June imo. Organise stack of fresh underpants and check in daily from here imo. AVG certainly serious.
will be sorted before end of month after that AVG will have to put up or shut up. Nicely played by HAYT.
Next rns banking and then maybe a contract win. The month will fly by.
RNS on Stock Exchange website - deadline been extended until 5.00pm on 23 June 2017!!
Think we're looking at a merger in the making now. Clearly both sides are very interested and don't think this will go the full term now. Hold tight.