Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Could the attack have been prevented with these barriers. We await further details but very serious and high profile
In simple terms wtf is happening here
Thanks
To clarify regarding the issue of multiples if NUOG came back without going up multiples it will be the first RTO in which I have been involved that did not do at X 5 on opening. That being said there is always a first time for everything. The board and the investment banks may seek to punish recalcitrant shareholders for constantly slandering them, who knows? Consolidation is inevitable but somewhat irrelevant if one ends up the with the same percentage of the company. Dilution on the otherhand was always likely but its all a question of degree. I estimated or anticipated 2-3 billion extra shares on listing making 6-7 billion in total but we will see. All this is speculation and shareholders are doing themselves no favors by getting the board's back up. Talking about 'getting shareholders with them rather then against them' is nonsense in a non-listed company, in which ordinary shareholders wont even end up with the majority of the stock.
'Estimation' and 'anticipation' is a long way from saying something is going to happen in October ; a Universe away. Might happen, but might never happen. Then certain idiots in this BB will be able to say they told everyone that it was doomed and they can be thus right but broke. Its obvious by their constant discord that they feel their loss very deeply even though ****ging off a company in which one is invested makes no sense at all. In the end it may come back but the price could be not multiples but more or less unchanged once dilution is taken into consideration? So we will have achieved nothing. Lets wait and see.
They never said October, that is my estimation as its after the summer recess which is September and after the kids go back to Uni, end of September. I anticipate October, that is it. Cattleman is saying that he was "told October" but I am not sure where he got this information from? Apparently, he managed to get hold of someone at Nuog HQ or spoke to someone Via Email?
I missed them saying October? Was under the impression as per RNS they’ve missed the deadline already, having heard nothing else was not aware October was THE date. Is there a link for prof of that please? Must have missed that one, if it is October then happy days! Though I’ll believe it when I see it..
I class getting anything out of this as a result, so will keep the fingers and toes crossed and see what happens.
Share flotations are notorious for slippage and the vague projection of the 2nd quarter was always going to be tested especially when it coincided with the summer lull. October is also not cast in stone and the whole thing depends on the regulatory bodies, backers, and overall market in order to succeed. That being said, I am still cautiously optimistic that we will know more in October.
"The lads here must be really feeling the pinch if their spending money depends on a bob from Nuog."
Not really as this investment has already been written off. I am just irked at the board setting out their stall and then not even a cursory nod to shareholders to say things are taking longer than expected. If you really want to disassociate yourself with the previous regime, there are simple things that don't take too much effort that will bring the shareholders with you, not against you.
I agree Cattleman and all this constant bleating on the bb by desperate punters trying to extract their few hundred or thousand pounds wont make any difference to this immutable fact. Nothing happens over the summer in the city, and volumes and markets are very quiet. The lads here must be really feeling the pinch if their spending money depends on a bob from Nuog.
As i said before...i was told October....no reason given just thats how it works
I think the most likely time for any news will be October. Very few deals are completed in the summer recess and most people in the city go away and leave it to a few clerks to manage whilst they soak it up in Cannes etc. Chin up people and dont let the doom and gloom merchants get you down.
I must admit thinking the same over the last few days since the latest self-imposed deadline was missed without so much as a whisper from the board.
I even ventured onto the NUOG website to get an email address to ask why no updates given the positive note in that latest RNS.
"The parties remain committed to finalising the transaction as soon as possible and are targeting completion and admittance to trading on the Main Market towards the end of this quarter."
Then I got too hot and couldn't be bothered to waste any energy on them.
Just adding this as bored of the last few posts being the only ones… does the continued silence not surprise anyone? does it feel like all the hype was just that? Eternal failure and nothingness resumes at NUOG HQ.
One can tell even less given there is now little requirement to notify shareholders of anything.
I would imagine they would be publishing something if they had reached any milestones though.
Why would you be looking forward to a monster dilution? Why? .. aside from your madness I agree, there is zero evidence of this doing anything but wasting server space for us to fill with more nothing.
Well you can’t ramp a dead share.. but aside from that, apart from people arguing with each other, the deadline has come and gone ( as always ) and this continues to be completely and utterly lost ( as always ) nothing new, nothing to report and all money gone! nothing official at all to say this is coming back.
Apart from all the optimistic ramping, have there been any actual updates or news from the company, not looked in here for a couple of months?
He wont answer, never does. I suspect he is that former disgruntled newfoundland worker who PDF or ENEGI did not {allegedly} pay for their work but can't prove it.
Do you have any vested interest in this company
Oh I just wish this circus would pack up once and for all... total shambles failure company from start to finish.
Viva la Castlefield Hotel 2019... good times
Absolutely nothing. Some minor debate as to whether Lord Stevens inferred he was a Lord or didn't or whether someone inferred he was for him. In either eventuality its so not relevant to the issue of getting the Main Listing approved and raising 1 million GBP circa. Stevens is a Vendor of a business, and will probably have little day to day input in the running of the business, assuming it gets off the ground. I note from a Daily Mail article that this business has been trying to sell or market itself since 2013!
What the feck is happening here
"Was stevens presented to encourage an individual to infer he is ? Emphatically in my view.."
Missed the word "not". Oops.