Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Morning LFM,
How about an update on the RTO or the legal claim instead of someone who owes money.
Sort yourself out BOD.
Keep the faith as we have no other option.
Adamsky
Is there anything this share hasn’t done!, now we have people that owe money for shares and haven’t paid up! I wonder why?
Yes, should've been TR-1'd but relies on the person or insti to do it. Can't recall seeing any consequences for those that delay so typical AIM. Does seem to have been a transfer between these parties though - and, of course, as well as the warrants, JUB Capital/Adam Dziubinski will retain the rights to any BIT settlement on the full holding so seems like a prudent move, assuming the agreed price was right.
Still more interested in the other side of the transaction. I like the sign of appetite and from a very qualified mining guy with experience of the Congo makes it feel all the better. He's reckoned to be worth £60m so I would not be surprised to see him dig in deeper as part of the likely RTO raise and, if so, he would represent an outstanding cornerstone investor. Thinking about it, he's probably that already now!
Interesting Poppyseed, The only non-personal holder with close to 100m shares I could find was James Brearley & Sons Ltd (FT states circa 135m). Wondering why JUB didn’t or didn't have to TR1. 5m warrants at 0.5p attached to the 100m issue.
FB, JUB Capital/Adam Dziubinski was the person linked to the Loan and subsequent £500k placing at the end 2022/early 2023. As I recall, it was done at 0.5p and 100m shares were issued.
This news would appear to suggest there's been an off market transaction between Adam and Finian O'Sullivan whereby Adam has divested roughly half of his holding. It would be very interesting to know at what price.
Of even greater interest might be the apparent thirst of Finian to get on board at this stage of proceedings. He's quite a guy with quite a history. He founded Burren Energy from which he collected a cool £67m when it was later sold to ENI:
https://www.independent.ie/business/finian-osullivan/26642751.html
Another geologist, a record of success, grabs a sizeable stake here. I'll take that as a big positive for the future outlook with the Rome assets on board!
……. Finian O'Sullivan departed Ireland in 1976 with a Geology BSc Honours degree from Galway University. Accepting a position with Chevron Standard Limited in Calgary, Alberta in 1977, he commenced a 38-year-career in the international oil and gas business. His work across four continents took him to over 80 countries. He currently lives and farms along with his working wife in Hampshire, UK. From his book … https://www.amazon.co.uk/Crude-Vision-Finian-OSullivan-ebook/dp/B0B2KTZCK9
Latest Development of the BIT claim : February 14, 2024 - The Secretary-General registers a request for the institution of arbitration proceedings. That was almost 6 weeks ago. The screening process takes three weeks on average, depending on whether ICSID needs clarifications, additional information or documentation from the requesting party. True to form us long term suffering investors are waiting over the odds for news on the next step : Registration or, heaven forbid, Refusal.
GLA
Rome resources....ahh didnt we have both off those guys with us?
https://www.marketscreener.com/quote/stock/ROME-RESOURCES-LTD-147174692/company/
both seem to have 3m each in shares....??
So its 29th may acording to one off the guys here?
5 weeks to get it done or if not what happens to the case if one off the parties disapears?
sigh
Now they split them apart or sell the imm....when they should off sold the writes to the claim....not one off the parties in the high court judgement.....now they have put them back side by side in the BIT claim....but if pathfinder gets shelved in 1 month or so? what the heck happens to the case and who is paying for it?
so what they need to do is to put it back together as one then proceed...wow legal mess....but its in now...sigh
Back to this
https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/24/4
now pathfinder is going tho an rto...needs to be done...if not pathfinder doesnt theretically exist...or is shelved...
sigh
who the heck is giving them legal advice?
so they have added imm and pathfinder minerals to claim.....now if pathfinder gets shelved as the rto doesnt go tho...how can you proceed with a claim when one off the parties doent exist
sigh
sigh
sigh
Thats the oscar samor guy....wow
Err el salvador what is this ?...ms13? lawyer?
Err did anyone actually get any share with regard to the imm/safari/etc lawyers? i didnt?
where the heck are they?...they take note off the shareholders on a piece of a4 paper?ihope they didnt lose it
Just give us the RNS that makes us all rich!
Humm someone doesnt like that....good sign
Just wish this share would get going again
"Why?"....... to talk to someone with hopefully a similar IQ as you.......chances are said Dr. will lag!
I used to find your spiel weird and it stressed me........but time helped me comprehend your views oldblue1973.....cheers!
Why?
Oldblue1973
I think you need to see a doctor.
I have a bit off a damages thing going and thats one hella damage multiplier iIF and again IF im correct
dance squirel.....dance
And IF correct and thats an IF that maybe create on off these
Paradigm shift
A paradigm shift is a fundamental change in the basic concepts and experimental practices of a scientific discipline. It is a concept in the philosophy of science that was introduced and brought into the common lexicon by the American physicist and philosopher Thomas Kuhn. Wikipedia
back onto squirrels they are quite clever if bribed well....so again this maybe being worked on via a american company with 4 letters ;-) looks like maybe something to it maybe 4-6mnths to find out f correct
from an on going investigation i have going
the pyshics stuff might sound a bid odd to say the least but might be onto something maybe not sods wont say but it basically goes back some 20 odd years when i read about that gold can only apparently be created in the pressure and temperature of a star...so me being me i thought...what the **** is it doing on this rock?.....you dont get asteroids or meteors from a sun? so whats it doing here? been rattling around for a bit...until i watched an netflix video and saw that a blackhole was spinning outwards (kinda stupid) and thought ****e they go out as the big bang was kinda screwed at the time started to ponder how it would work if it was and if it could be the answer to why gold is on this rock....so does it come out basic elements? centrifugal force spinning (flat galaxy) comining out spiral (from the spiral from the blackhole)...humm this might work....gravity and the spinning would effectly clump the base elements in to basic stars...more complex elements can be created in the star now....so how the ****...does it still get on the friggin rock?....it has to go back? into the blackhole and be mixed up and spat out again? so now if it goes out to full extent does the outer ring spin slow down? and would the resulting force comin thro the blackhole be enought to pull it back and thro to the other side?....humm....that would mix the materials again so more complex materials are now with the basic materials so if it back and in the other side how would it get out? ans back again? does the spin if its close become faster? and pull it out? now this time you have heavier and more complex elements which would form asteroids and small planetoids some maybe which now have shiny gold rocks on them...now i have no idea if this is correct or how many times this would actually need to be done to actually do this laws physics say that the energy will dissipate and it should slow down and stabilise
amazing what you can do being bored feeding squirrels in a park waiting for a share to go...look down one day and go whats up buddy.....(squirrel) flap...flap..circle...flap...circle..flap.flap..circle (squirrel translation) thanks for all the nuts....by the way your physicists dont know what they are doing....heres how the universe works.....
https://www.youtube.com/watch?v=2exe7wcii8c&t=28s
We having problems with claim? or tech issues?
https://www.youtube.com/watch?v=ESViOhqRdlE