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Chesh
This was ISA holding but like you, I have them in SIPP also all of which are technically frozen unless we sell under the terms of HL fees which is not an ideal position to be in.
I will let you know if I manage to get it done ATB
Thanks Vernon, that's reassuring and good to know.
I have filled in a form ready to send to Julia and asked II myself, but no answer yet, but your reply gives good assurance.
Thanks
Hey Robsky......!
please let me know how your HL (ISA I guess) tranfer to IG goes.......!
I asked HL in a private message, and got a std "can't do" reply, even transfering from HL ISA to HL SIPP.......!
All the best (they are useless, and I think they know it......! :()
I contacted calidus and II about this. Apparently we should automatically receive the options if you subscribed. The company secretary julia Beckett said she couldn’t find my holding so it must be in a nominee account and that we automatically qualify. I also panicked when I saw the application form.
II are chasing it for me so will let you know what they say. I imagine they will appear once the options are listed ?
Chesh - Thanks for the info ;-)
GLSR
Morning Chesh/Marky
I to opened an ISA acc for this year with IG for Calidus shares and increased holding on open market no options were offered and not bothered now anyway, I was intending to transfer my existing CAI shareholding from HL to IG but filled out wrong form :( it is a bit complicated as I was only intending to move CAI shares not the whole ISA I will need to re-visit this later.
Good to see things are shaping up in Utah and accounts are finally filed although still couldnt trade KRS an hour ago.
CAI up 8% today on record production
Calidus Resources Limited (ASX:CAI) is pleased to report record quarterly production at Warrawoona of 16,177 ounces.
The strong result means Calidus has met its guidance for the six months to 30 June 2023 of 31,000 - 36,000oz by producing 31,364oz. The record production is particularly pleasing given the impact of Tropical Cyclone Ilsa during the quarter.
announcement here ATB Robsky
https://www.investi.com.au/api/announcements/cai/4a553aea-4c6.pdf
Stockraiser, re: ya TOGA party........ :()
$2.6m and $4m per year that's on top of the initial $1.7m payment from John Meyer......!
and
$/month 72,650, $/year 871,794, $/3 years 2,615,382 from Dave Reeves.........!
All the best (with thanks to vernonhardapple 18th May, and panda1 19th may posts.........! :()
Morning Peeps.......!
not here Markyess, I hold CAI in x2 HL accounts, and recently puchased (not quite the low, but in profit now) on the open market via IG.......!
Neither have offered the options......!
All the best (let us know how you get on......! :()
Anyone else invested in Calidus via II take up the recent share offer and options?
I hadn't seen anything via II about accepting / applying for the Options, in spite of a social media message.
I'm filling in the form on my own behalf, but unsure if it'll take effect given holding via a nominee account. Wondered if anyone else had clocked this - or if not - you're best to action it!
Jimbl - Yes I noticed that and thought it may have been a typo but further on it reads " plus $240,000 of the severance payment referred to above", which implies it was $340K.
I wonder why they did not pay him the final $100k now?
GL SR
Well, what popped out at me was a glaring piece of recent misreporting. Seems Helda got an even larger severance payment, not $240k as recently indicated.
"Also included in the consolidated loss is a severance payment of $340,000 payable to the previous CEO of Falcon Isle."
After reading the RNS, especially the STRATEGIC REPORT, I see a company with great vision and a plan.
Was a seed, developed a radicle, and now the plumule will emerge.
I liked this from the strategic report ......
"To date, the Group has financed its activities through equity raisings. As the Group's projects become more advanced, the Board will seek mining and/or offtake finance and may also investigate strategic opportunities to obtain funding for projects from future customers via pre-payments, royalties, and other marketing arrangements."
GLA SR
PS: I believe the revenue from TOGA will be quite substantial ;-)
Skimmed it, so this is just very first reaction / conclusion
It's jam tomorrow.
And you know what? Given where we've been, it's perhaps the best we could have hoped for the last 12 months. Consolidate ownership, learn the resource, plant and market, consolidate financially, and now move forward with a considered strategy and plan built on 12 months learning at the 'cliff face'.
A decent opportunity for new Investors coming aboard, and for those of us that invested as far back as 2011, we have to be grateful for Calidus and that Keras could still make us some money in its own right, but we need even more patience.
Togo coming through on their initial payment gives a lot more confidence that Togo will deliver us some revenue over 3 years, and financial independence to clear the purchase cost and legacy of Helda, and push forward in North America.
I'll dig into the detail later.
Yay 🙌, Final results are published. Got something right, ha ha. Out of suspension imminently. ATB. :o).
Hi amadan, we'll come out of suspension as soon as the slightly overdue KRS yearly accounts are published. Could be today. :o).
Probably see another TR1 from Grosso today.
Does KRS need to remain in suspension?
Where is he getting the shares from?
All the more reason for KRS to crack on with proving up an NI-43 101 compliant mineral resource as previously outlined and to convert our current mining permit for a large scale mining permit giving enhanced flexibility for increasing future production levels. Maybe we'll actually see "shareholder value" - a much touted but rarely achieved term used by many on AIM. :o).
At the current levels, a derisory offer.
How much for a buyout?
Grosso seems to be aggressively building a position.
Are we going to see a hostile positioned?
Start the exploration programme to prove up a NI 43-101 compliant mineral resource;
Conversion of the current mining permit to a large-scale mining permit which will create significant flexibility in medium to long term mining operations;
Completion of the build of the Granulator Plant;
Research into the development of liquid organic products from our existing product streams in order to access markets not already served.
From the 18 May RNS......!
All the best (obvs, we're $240k down from that date.........! :(
What a pleasant surprise. Instead of contemplating our ability to remain solvent. I can relax and consider how undervalued we are and what improvements we can look forward to.
Obvs they will Prop........!
'an sooner the better IMO........! :) we'll be rolling in (sit back) income :) not as much as if we'd mined the Mn, but we're now mining high quality organic Phosphate rock, on our own and on our own terms.......! :()
Speakin of rock.......! are you aware that urban slang for an ounce of narcotics is an "onion"..........! :()
All the best (I haven't reported ya......! :()
Digger, Good question; predicated upon their quick payment to Keras, one might be - for once, considering its the cloak-and-dagger Togolese govt - inclined to positively deduce that they would like to start as soon as possible, to profit from their soil.