Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I don’t think we will necessarily need a lot of cash for the next transaction, obviously we do need enough to cover legal.
Look at models for asset acquisition that Mark Gasson has previously been envisaging relating to his activities with AJN.. I feel something similar could work well here..
https://www.proactiveinvestors.co.uk/companies/news/1026425/ajn-resources-positioned-for-soaring-lithium-demand-with-lucrative-drc-deposits-1026425.html
“We started looking for projects in the Congo more than three years ago,” director and CFO Mark Gasson told Proactive.
“We signed an agreement with the state which outlined a new model for Congo. The idea was that the state would transfer 21 gold licences and one lithium license, the extension of the Manono pegmatites, into a local subsidiary, Congo Resources. AJN would acquire 100% of Congo Resources and the state would receive 60% of AJN's share capital.”
Does anyone think most folk sold out after sept date just shell now...25th oct no cash extra 400k not gonba buy an rto next plscing feb 3 months now it goes kn the shelf or delisted
You’re never positive!, surely you can’t own any shares in PFP with this attitude
The wheels on the bus go round and round roynd and round....ohh damn its come offf....aaaaahhhh
Could do with an update as to how the search is going and if we have found something how far down the line it is
I’m happy at this price to keep stocking up, my investments will easily double, on the next RNS this share will hit .5 therefore an instant double, after that who knows but your mad not to take the free money
Perhaps I'm the only one who gets excited about this sort of thing but to me good house keeping goes hand in hand with good management. On the PFP website Mr Trew is now credited with a 4.76% holding which would equate to circa 30m shares. This is larger that the circa 17million he held in the past which was 2.71% in reality after dilution although the website continued to state the pre-dilution 3.72%. Hopefully this can all be cleared up with a RNS as the Eckhof situation was. Interesting to consider that the apparent rise in Trew's holding is close to Eckhof's previously stated holding. Of course it could all be typos and careless reporting which would be a disappointing reflection on the current management's attention to detail.
This is easy a double your money now even in a cash shell
Sigh.....there all buys and there also all sells funny that for a trade somone hss to buy snd some had to sell the red or blue just indicate if it isabove or below the share price or if its on the share price it will be black
.
So reslky its just a perception that you are making that it is a buy or a sell in regstds to the colour it has which effectivly just indicates the trade was made above or below the shown share price
That 1.8M is a buy from me, I also did another £5k yesterday that was a buy, no idea why these are reported sells?
Err which pref shateholders i didnt get any shares as per the sept rns didcanyone else
Baloney! As you say, you're no lawyer.
Read the Circular. No ownership or responsibilty rests with PFP except oversight of the Acumen contract on behalf of Pref shareholders.
On the contrary, the new director is good at forming companies, adding assets, developing them, before selling on to bigger players.
Ok ill state im no lwayer but fairly smart
Now the court judgement is to both imm and pathfinder you may have sold imm but part off the claim may legally rest with pathfinder now whoever did this was after the city law firm dla poper left and might not be the best...the new director seems good at winding companies up
I'll take that fiver oldblue.
I can't conceive a circumstance where failure by Acumen could directly lead to PFP being wound up and you should stop peddling baloney.
In the event of any such final failure by Acumen, the only losers now would be Acumen themselves and the entitled Pref Share holders who, right now, have a chance of a considerable payout but who must already understand that it might also be a 5-year road to nowhere.
IMM is now owned by Acumen and, in such circumstances of deemed failure of contract, it would be up to PFP to decide whether to attempt to regain control. Personally, I suspect it would be the last thing the new team would want to do. For what purpose exactly?
PFP is now a clean shell with some cash and new players with a new mission. It no longer has any financial responsibility or exposure to IMM that could cause it harm so talk of of IMM bringing down PFP is just totally unfounded nonsense. Let the squirrels explain otherwise.
Ill have a fiver on pfp wound up and no news from aag....did anyone get there shares forvthe claim...that might say it all
Timelines have been irrelevant when it comes to PFP
Timelines have been irrelevant when it comes to AAG
Timelines have been irrelevant when it comes to the
Moz government.
Morning All,
As Oldblue has said by this weekend 3 months have passed since the sale of IMM to AAG and the BIT claim had to commenced by now and the funding for the BIT claim had to be in place.
The silence is deafening, in my pessimistic mood we will hear nothing this week or next.
Although I would love to be proved wrong.
We are halfway into the 6 month period when the RTO had to be completed by, I still live in hope.
Here’s hoping for some positive news.
Keep the faith.
Adamsky
I take it you have sold out OldBlue you used to be excited now just doon and gloom.
So aag have till end buisness friday thsts this friday orvend week to put this in...we getting the dreaded sfter hours friday rns
Wow that would almost get you a tr1 csn they afford to write it
It’s so low at the mo I’m gunna add a couple of grands worth
It’s not rising any time soon
If the SP goes any further south, dilution could be over 100%.
I did wonder if the £1.5m possible issue that was recently voted for would be the basis of the RTO. It's circa 500m share so a possible 80% dilution, but hopefully a higher SP emerges.
Ohh so there putting all the filing in brown boxes