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In today
Boom
Anyone out there sea of blue:-)
Re rate?
Surely I'm not the only one watching this
Go tick....don't miss out
Buyer back tick up on cards full ask paid
Moving
Three investments 1.5m in bank New director Director purchase Buy
Under radar IMO .... When Mr market catches on this could be big bod seem keen to spend
nice progress here in diverse investments. The three so far amount to approx £1.1 mill so taking the last half year report of 31/7 cash was £2.66 mil so even with admin expenses etc still something in the region £1.4 to £1.5 mill vailable for further investments. Pace seems to be hotting up and news will follow on performance of existing investments. SP should start to reflect the progress being made.
A little bit of volume and she should move:)
3 investments in a space of 3 months -- Director Buy -- and still have cash remaining. What's not to like :-)
The investments are very diverse and really great terms. The directors of Saxa value the business in excess of €30 million--- The current investment round, upon conversion, values V-Nova at £300 million.-------Chronix’s issued share capital and values Chronix at approximately US$69 million. Look at the 52 week high - No brainier at these prices . UNDER THE RADAR
I agree.
Look at the investments, the tiny market cap and the very low shares in issue - With a little volume this will move quick. Another great investment
I like the fundamentals with LME.... Tiny Mcap and few shares on offer... Nice investment!
The directors of Saxa value the business in excess of €30 million.
PR Newswire London, December 23 23 December 2015 LIMITLESS EARTH PLC ("Limitless" or the "Company") Investment in Industrial Material Recycling and Waste to Energy Limitless, an AIM quoted investing company, is pleased to announce that it has invested €350,000, in secured, two year bonds with detached equity option in Saxa Gres S.p.a. ("Saxa"). Saxa Gres S.p.a. Saxa was founded in 2013 as an acquisition vehicle for distressed assets that had been subject to Italian debt reconstruction proceedings. Saxa is a private Italian company focused on waste recycling in the form of both industrial waste recycling to manufacturing and organic waste to electricity production. Saxa is seeking to raise up to €14 million and Limitless’ investment marks the closing of the first round of €10 million. Saxa will use the proceeds of the debt placement to complete the acquisition of the assets which is expected by January 2016. Saxa has developed a process for making high quality porcelain stoneware tiles for domestic and commercial use by blending the leftover ash from industrial waste incinerators with clay (excavated from the company’s wholly owned quarry) and other natural components. It is estimated that the quarry contains 4 million tonnes of usable clay, which its directors estimate will provide Saxa with 30+ years of material. The quarry provides, together with the factory and other assets, provides the security for the bond. Saxa has further agreed commercial terms for the purchase of its first three years of production. Complementing its manufacturing business, Saxa also plans to generate electricity via a grid-connected, 3.7 MW power station. The company is in advanced discussions with a major regional multi-utility company to build and operate a bio-digester to produce gas to fuel the power station and heat for the tile plant. The bio-digester will be fuelled with organic municipal waste provided by the same multi-utility company. Investment Terms Limitless has invested €350,000 (approximately £260,000) in Saxa. As a first round subscriber, Limitless has also been granted an option to acquire 1.1655 per cent. of the equity in Saxa at nominal value with the intention that, once the bonds have been repaid, Limitless will be able to maintain an interest in Saxa of approximate value to the bond investment. The bond has a coupon of 10 per cent. and a maturity period of two years. Terms of the repayment allow for repayment to occur from 6 months from the date of investment and quarterly thereafter. The option to subscribe for equity at nominal value has a life of approximately three years and vests following publication of Saxa’s 2015 annual accounts. The directors of Saxa value the business in excess of €30 million. Guido Contesso, Director of Limitless, commented: "We have been considering a number of investment opportunitie
Ouuut!
Lot of 100k buys
Back to normal lol
Set to continue after late Friday afternoon jump. Gla
SP depressed anyway due to a seller by the looks of it. New director, director share buys, has cash and now what looks like a pretty interesting investment to me. RNS was late on Friday and it was "Christmas do" night so I'm expecting this to get plenty of attention Monday morning. I actually do think this has a sharp short-term correction in it at the very least and possibly much more.
Riddler, cam, skod all on board great team to had. Anyone else out there?