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Off you go pal,don't need the likes of you here
But wait for the but, it's gonna be that you all lost your money in consolidating the share. Start buying again just to see your money back down the drain in a years time. I'm well looking forward to this NOT. Crap management making terrible decisions.
RNS,brilliant news back in business .
Factsheet Premier Gold Res PLC (PGR) Result of General Meeting Premier Gold Resources plc (to be renamed Prospex Oil and Gas plc) ("Premier Gold" or the "Company") Result of General Meeting Premier Gold announces that at its General Meeting held earlier today all resolutions were duly approved. A further announcement will be made on 15 April 2015 providing an update on the proposed readmission of the Company to AIM and the Tridevi transaction. Contacts: Premier Gold Resources plc (to be renamed Prospex Oil and Gas Limited) Edward Dawson, CEO 0207 887 1461 WH Ireland Limited (Nominated Adviser and Joint Broker) Katy Mitchell 0113 394 6600 Peterhouse Corporate Finance Limited (Joint Broker) Lucy Williams / Eran Zucker 020 7469 0932
Just rang the company to find out what happened today , and was asked for a little more patience, They are still working on it, that is exactly to tell us where we stand, sorry cant tell you anymore so maybe tonight , maybe not ATB F
Mate, soon we will find out the new direction for the next month / year.
Meeting should be finished by now , so news cant be far away
We need to find out where they will explore Oil in Europe. I hope be in South of Country... Nearly to UKOG area... lol
Hello mate I can understand your concerns as we all hate losing money and I am sure it still affects the big companies like Peel Hunt but no way as much as it would with us. I just want our current BOD to clear off and the sooner the better as nothing was happening. We have to give the new BOD a chance as you never know how good they will be. They may pull something out the bag thats amazing.
Im sure the meeting will go well , and resolutions passed, with the new company name being set up over a year ago , The BOD with this plan or something similar in mind, given restrictions they were working under , cmon guys , think positive ATB F
I hope the meeting goes well today, otherwise many PI's will leave the company and all here will lose a lot.
Hope everyone here are okay. Does anyone have in mind to go to the meeting today?
ali2k2 mate I guess Peel Hunt can afford the loss just like Lanstead who lost tens of 1000s of pounds a few weeks back but some of us can't. £50k is being paid by Tridevi to pay creditors, why is Tridevi happy to take the project and wipe out their loan of £580k? Why Peterhouse with so many shell companies are interested in PGR? So many questions mate. What happens if Tridevi gets back our license next month? Sorry mate I cant calm down and will press for answers from our BOD.
In order to recapitalise the Company and, provide the Company with sufficient cash resources to enable it to fulfil its new strategy and to provide funding for the CVA, Peterhouse has conditionally raised £1,076,150 at £0.0305 per Subscription Share, through the Subscription of 35,283,591 New Ordinary Shares. It is agreed that £50,000 of these funds will be used to fund the CVA. Read some of the good parts too in the share consolidation they are looking to issue out new shares at £0.0305. that 3.05p a share that like 7000% + times our current price is now. http://www.investegate.co.uk/premier-gold-res-plc--pgr-/rns/suspension-of-trading-on-aim/201503200700149720H/
Cistrader , reference to being to late , was not for PGRs future , more so jurisdiction in getting problems sorted over there mate with license and work continuing ATB F
People need to calm down and understand what exactly is happening! Yes we will be losing money in this deal but it is basically the best thing they could do as nothing was ever going to happen with Kyrgyz Republic as that asset is basically in suspension mode anyway and the current BOD are incompetent nipts anyway. They were never going to get work done and even if they were allowed to it would be alot more costs and time required and how do you think they would fund this? Our current BOD is rubbish and just terrible (as i saw in previous RNS they gave assets away in litium and other base metals to the previous owner just so that they keep there gold asset like idiots). The best part of this deal is that we get a completely new BOD if anything and the other BOD just f off. Yes we will have less shares but there will also be alot less shares on issue as currently we have around 1.5 billion shares and then it will be consolidated to around 40 million shares. it is consolidated to 25000 to 1 and then subdivided by 100. So for every 1 million shares you have you will have 4000 shares within 40 million shares in issue. its really simple. I would defiantly want this deal to happen as i was really fed up only seeing a holdings RNS 25 times in a row. At least now we can move onto another sector in oil and gas and have a totally new BOD with a company with no debt anymore and around £1 million to spend on a new asset in Oil and Gas within Europe. Also think about it if its gets voted through whos likely to lose more? Have you seen how big a stake Peel Hunt have around 10% share in the company based on last RNS holdings thats 141 million shares which for them will be converted to around 564,000 shares that's it! Now i hope this can be passed as im starting to doubt it would and if a company like Peel Hunt is willing to vote it in then it must be worth it as they get converted to such a small amount then it must be a good deal. Ask them if they voting for it and see if its a good deal or not! http://www.investegate.co.uk/premier-gold-res-plc--pgr-/rns/holding-s--in-company/201503031326594174G/
Anyone here go to meeting? We can have some question.
What is happening in PGR has nothing to do with legal procedures in Kyrgyzstan and it is not too late. What they have done to us is disgusting and sickening as Cookiecrew and uNKwnTrader said.
All these new procedures now its too late Experts discuss draft of new Administrative Procedural Code 11/04/15 06:42, Bishkek – 24.kg news agency, news agency Experts in the KR discuss the draft of the new Administrative Procedural Code, the Secretariat of the Council for Judicial Reform reported. Yesterday on behalf of Almazbek Atambayev the head of the presidential office Daniyar Narymbaev held a regular meeting. Officials presented a new draft document. He prepared a group formed by the decision of the Parliamentary Committee on Judicial and Legal Affairs. Officials presented a new draft document. It is prepared by a group, formed by the decision of the Parliamentary Committee on Judicial and Legal Affairs. Deputies and experts asked to include it in the agenda of the Board, because previously a new draft of the Civil Procedure Code of the Kyrgyz Republic was initiated, which is closely linked to the new draft Code of Administrative Procedure and requires the simultaneous consideration. According to officials, the new code, along with other projects procedural codes is one of the key elements of judicial reform, "in fact his position really affect the interests of the people and to ensure their aspirations for a fair trial." The Code aims to regulate the order of proceedings in disputes, arising from public law (administrative and legal) relations, the procedural rules of consideration and resolution of these disputes in court. Administrative law permits primarily legal conflicts between citizens, their associations and authorities Not long to go now guys 3 more days ATB F think positive
Sickening.
Disgusting the way they have treated honest investors imho
nNKwnTrader mate if we give up now we will lose our money for sure, that's what I am saying not to give in to them. BOD said they were not getting their salaries but now that the company is going down, they are taking their money like creditors. Why don't they use this money to take our license back? They are threatening us with going into administration, so be it, we are losing everything anyway. I am not going to let them. I know in AIM you win some you lose some but here BOD is at fault and we have to hold them to account.
Lets not give in, my friend they have robbed us of thousands of pounds, we hold circa 5-10m shares soon to be worth a few hundred quid if LUCKY, this is absolutely crippling and a sad time.
Guys we are only two days away from the big day, lets not give in. They haven't told us nothing about the oil project, we don't even know whether they have a project at the moment. Why should we give up PGR and gold? If McKeown and other big shareholders get together and not accept the offer, they could put more pressure on getting the license back or get the arbitration money.
uNKwnTrader mate, 1 share for 25000 is for now. They said they will dilute further when they put more money in. We will end up with zilch. I want to know whether other shareholders like McKeown who has more than 100 million shares would go along with the directors or oppose them. If he does then it looks like they are all in it, if he doesn't then we still have a chance of doing something about it.