Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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According to share prophet they wanted remove the nomad before rto deal. So technically they had good bit of time and looking for nomad isn’t hard. If we delist Bec no nomad that would be very silly and show how fraudulent Richard is
quiet on here doesnt mean not working hard in the background to resolve the situation for the good of all shareholders, including me!!!
Keep the faith
Looking good -about to delist and the licence has no future with the company
How we looking here guys ? I sunk plenty into this few years back but not checked in for good while - any hope of this coming through ? What’s the general feeling ?
Need to act now and get new nomad sorted and boot him out. God knows how much money they stand to lose. Amazing how quiet they are with so much at stake
However this is very cheeky part of RNS:
The Company is in discussion with another firm to act as its nominated adviser, broker and corporate adviser, however there can be no assurance that an appointment will take place prior to the expiry of the Notice Period. In the event that the Company is unable to appoint a new nominated adviser within one month of Allenby Capital ceasing to act as the Company's nominated adviser then the admission to trading of the Ordinary Shares on AIM will be cancelled.
Guys, we all know that busted companies first lossing NOMAD but not all which lost NOMAD were busted. There is still bright light in the end of tunel.
hope pcge not second mysq, ......
This was a fake story in the mail about Allenby resigning from PCGE. Turns out, things are a lot better than people thought....
https://www.*************.com/views/42430/mail-on-sunday-hack-jamie-limp-dick-nimmo-runs-100-untrue-story-about-pcge
https://twitter.com/tomwinnifrith/status/1125084490689404928?s=21
With the passage of time the truth will emerge.
Never say never, the Phoenix could well still raise from the ashes.
Interesting news that Allenby has quit as the Nomad, looks like that could well finally be game over here as I think it will struggle to get a reloacement!
Brilliant business model. Invest in companies then pump them on your own website and in social media. Why didn't Tom Winifrith think of that? Wait a minute....
Surprisingly, Align Research actually see to have a good business model. It’s simple, understandable and valuable to the companies it supports.
http://www.alignresearch.co.uk/align-research/align-business-model-clarification/
It’s conceivable that things could actually work out in the end, though the news this morning is a worry for sure. I’d certainly rather have invested in Align then PCG.
Hi Danyo meeting went well,he's referred me to another firm whom specialises in these types of cases.
Will update soon,but he did find the NB payout very suspect!
Clearly Pouldon has lied here,he got the NEX listing as he knew this would be booted off AIM.
I doubt any NOMAD would touch this now,and expect similar action at WSBN.
Hopefully net is closing in on Pouldon
Atb
How did you get on with your solicitor Flightman?
WSBN next,if I was holding that I would get out sharpish.
I guess this was Richards plan for PCGE,after all he got £2M,not a bad play for two years!
More bad news - it just keeps on coming
Haven't been to the PCGE website for a while, looks like they updated it https://www.pcge.com/
I hope this isn't the inevitable coming to pass and they always planned for a new NOMAD.
https://www.thisismoney.co.uk/money/markets/article-6967391/Ex-chief-London-Capital-Finance-quits-firm-set-float-junior-stock-market.html
‘Vox’s founder and chief executive Martin Luke said it was always the plan that Binks would depart before the flotation.‘
Hi Ade,no not a TR1 myself.
There were three or four as I understand,including Samahdi.
I recall reading your posts back then,you were correct in your thinking.
Anyway will report back when I have more information.
Flightman are / were you TR1 with PCGE? If not I would be interested to se what they are doing? I lost money as I bailed a 6 months prior to suspension but my loss is nothing in the great scheme of things, thankfully!! I was stating for months the only value were the licences but they were worth nothing in the current climate in China, all I had were a number of the TR1 dismissing my argument, stating a deal is coming.....research, research and more research
Let's not forget in the fake unfair dismissal case against Nick Bryant,Pouldon stated the case had little merit,his words.
What does he do next,he pays him £278,000 out of court settlement.
Who paid for that,investors here whom were mislead,via placing.
He used the excuse of the tribunal as the reason for no deals,he lied about an American company who pulled out of an iminent deal due to the Bryant case.
He stated negotiations were advanced to utilise the Chinese licences
His personal friend owns Riverfort,he took this co and WSBN into a pathetic equity sharing agreement,which failed but ended up with penalty clause payouts of £400,000 to his mate in Riverfort.
He had the audacity to then restructure and consolidate at 4/1 then raise,effectively diluting holders heavily.
All the time there were never any deals on the table,just excuses,placings for free cash for him and the other directors.
I am personally going to fight this all the way to bring him to account,I just hope investors are not foolish enough to buy into WSBN,that's going the same way,zero shareholder value,restructure,dilution placings ,suspension and ultimately delist.
Pouldon has built up a huge nest egg immorally and now has to pay for his actions..
Good to see your support guys,what we cannot allow is for Pouldon to get away scot free on this obvious scam.
If you read a tweet he posted he states ,the need to extract Chinese licences at minimum cost!,well weren't a $2.8M price tag put on these in the last audited accounts,Surely the auditors need investigation too,alongside the Nomad at that time.
This stinks of corruption, falsification of accounts,basically every single investor here was given misinformation deliberately.
Have this morning contacted a reputable lawyer,made an appointment and have given him a brief overview of this situation.
Shall advise further,but suggest anyone hasn't yet contacted Aim regulators do so.