Roundtable Discussion; The Future of Mineral Sands. 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.
beton2, thank you for your valuable information, recently I've sent an email to the company,regarding relist at the lse, but so far I haven't received any response from the company, I think they do not have any interest now,I've dreamed that the company will be relist here at the lse, and finally we share holder's will be able to see some gains. but I have to give up all my dreams now. any way thank you again for your valuable information from day 1 and up to now.
The problem is that a prospectus that complies with the regulatory bodies costs money and that is more than what is needed to be raised.
can we still hope the company will be relist this year,if they're short of fund why don't they offer all share holder's a right Issue, this is the way they can raise fund, to relist the company, they now have all share holder's contact details, and only £128k needed, I think this amount can be raised from current shareholders.
I will be blunt and straight to the point. The latest funding deal has fallen through due to conditions out of the company's control. Only $AUD50K was received. There is no hope for any more from that source. The business model is sound. All it needs is a targeted marketing campaign and it would be self funding to achieve the figures to re-list. That initial $250K promised would have done this in spades. So the company still needs $200-250K AUD or 128K GBP. The company cannot ask you for help. It has to spend double that to ask both the Australian and the British/EU shareholders and abide by the financial redtape. It can only ask "sophisticated investors" to put some funds in. It can, however accept funds from existing shareholders (there are over 1000 Nyota shareholders) that put their hands up and say "I have some funds and I want to buy more shares".
FYI When the Ubecoin deal came along, several factors prevented the company from including the UK shareholders, and a missed milestone prevented a roadshow to the UK brokers. At the time Ubecoin picked up a cornerstone investor that was going to invest more than enough to make the company successful and relist. On that basis I invested the shortfall to finalise the IRAE side of the deal. In spite of putting that cornerstone investor on the board, he did not make good his promise. Since then the whole business has struggled financially. The model is fully ready to roll out in a clear concise manner.
Only a small sum of money is needed in the scheme of things.
hopefully this year,probably augast/September if not end of year, the bod of directors wants to list as soon as possible.
Hi All,
My shares are still called "Nyota Minerals" but I've had the 1:50 consolidation with bonus shares @ 1:9779
Are we going to be back in business soon?!
Chris
my understanding is, the rights issue has been completed, we private investors will not be offers, they have a investor who is providing 250k Australian dollars, and already paid the first tranche which is 50k ad that's the working capital for the company.
There was mention of a rights issue in the 15 October 2019 communication?
https://ubecorp.com/
Anyone got any new information?
my nyo shares was with Jarvis investment, in last April Jarvis wrote to me that the company has cancelled depositary systems, so my shares cant be kept in isa account,in that case you will receive you're share certificate in your own name. so I've received in December together with CONSOLIDATION letter.all you have to do is phone HL and ask them about you're shares,if they do not respond, contact the company via their website.
All my shares were removed from HL ISA and I received a consolidation letter from Comuptershare in Australia. Any idea how i can them sent back to the UK or better still, my HL account?
Not looked in quite a while, anyone any idea if anything
ever became of the Aussie crypto Ubecoin thing???
Or did it just fade away during the long wait???
Strange
mine was kicked across accounts long ago, sat in isa labelled
no longer eligible for months, then one day logged in and it
had been switched, I did not ask and they did not make a
charge.
Mine Barclays and likewise IRAE
Never mind the tax , would be as another posters said, delighted
just to see something ,anything coming back, after all this time.
I would be over the moon to pay tax on this one :-)
I just checked my HL and originally in my ISA now in the Fund Account. So looks like if this does come good I will need to pay tax.
Looks like this will come good one day
Yes Barclays still show IRAE 130 million.....to be honest Barclays are a waste of space sometimes :-(
Wow you had 120+ million shares originally. How much you pump in this 50K + Hope this comes back
Kingroy, have you contacted Barclays - can you see your shares or have you simply calculated the 2.6mil based on the dilution? I've still got IRAE showing in Barclays.
I have 2.6 Mil with Barclays after dilution.....really cant see this coming back unfortunately :-(
same for me. fingers crossed
Hi Terowno
Your efforts with Halifax have rewarded me. I now only have 55,000 in my Halifax account. Better than nowt !
Hi
After several phone calls to Halifax share dealing my Nyota/ Ubicoin shares are back in my account. I did have 2,000,000 but sadly now 40,000 however something is better than nothing. Lets hope they preform and make some money for us long suffering share holders. Happy New Year.
The forgotten share that used to have life but its been diluted 50/1, So unless it receives major financial backing probably via a share placement or a stroke of luck that someone buys the shell for a rto this is gone.
Gloom I know but I do wish it well and hope it could relist on aim but if it cant get backing in near 3 year then when ??
THANK YOU SO MUCH
NO THEY HAVE CANCELLED DEPOSITERY SYSTEM, YOU SHOULD HAVE RECIEVED LETTER FROM YOUR BROKER IN LAST APRIL, ANY WAY YOU CAN PHONE YOUR BROKER AND ASK ABOUT IT , OR YOU CONTACT THE THE COMPANY VIA THEIR WEBSITE, AND YOU WILL GET A REPLY.