Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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I'm back and good to see some posts with different ideas and prospect/s. We're in the same situation at the moment, still higher risk and We don't know how much the share price will worth. Have a nice evening all, Obelix
We are all in the hands of the bod ,can't do anything about it if it's good news ,if it's bad ,it can go either way ,we can all live in hope ,GLA ....that's the gamble ,and that was all it was .
uNkwnTrader, I'm not different from you Mate, made some, lost some and my account now it's down again. I just hope some of my investments turn to positive soon. Holiday in June with my Family Mate, and I'll spend a lot with them... lol
I am sorry mate but this year has about ruined me, hard to find confidence.
Hello Mate, Don't lose the faith Mate, We're not dead yet. Maybe We will see our valuation really down, but not means We're dead. Also, don't forget the place and now We've less share issue. If they find massive Oil reserve I'm sure We will be happy here at least. I believe the next RNS's will be the key of your future. Have a nice weekend Mate, take care. Obelix
Dunno what to say really mate I just feel I have lost or am going to lose a fortune. I have given up on stocks.
Hello mate its uncertain times here and there is no liquidation going on so disregard that other persons comment as we have no value assets to liquidate so that's stupid to say that lol. What is happening is pretty much a reverse take over however us current holders will be unfortunately heavily diluted but depending on how good the assets is it could be a good investment for long term but may need to average down big depending on what asset is obtained when they change the BOD and business. Its not like we were in any better position as it is as no work was ever going to be done there by the looks of it and the idea of trying to sue the government was just a big joke haha as if a government will ever pay a private company compensation to a private company that aint even from there own country anyone that believed that is in cloud cocoland. Its all about the new assets they purchase and that could truly make or break our investment. By the looks of it the new BOD are moving away from that region completely and looking to take a Oil and Gas asset on in Europe. The Company's proposed new Investing Policy is to invest in and/or acquire companies and/or projects within the natural resources and/or energy sector with potential for growth and/or income. The Company may also directly apply for new exploration licences or invest in existing licences. It is anticipated that the geographical focus will primarily be Europe, however, investments may also be considered in other regions to the extent that the Proposed Directors consider that valuable opportunities exist and returns can be achieved. So Europe is the best bet and could get a depressed sell especially if the Euro keeps dropping and they have income to buy it in pounds or dollars. What income they will have after the completion of the proposal : £926,150 of cash. If the CVA and the Disposal are approved, the Company will have no other assets and accordingly, pursuant to Rule 15 of the AIM Rules, becomes an investing company. Following the issue of the Subscription Shares the Company will also have approximately £926,150 of cash to make further investments. Also all the debt will be cleared as it will start anew. But I will always repeat it is all about the next asset they take on. Good Luck Oblelix and all of us still in here and hope we get rewarded for our patience.
I'll be back to England tomorrow night, if I don't reply for you Guys don't get me wrong. I'm still in USA. Have a nice weekend all. Obelix
Morning uNkwnTrader, How are you Mate? Hope you're okay as well. I have to agree with you & gige and others here about your share price for the next month or more. We don't know how much will be worth. Did you worked out about the value? I believe We will re-start at 0.04 or 0.05 no more. However, if they found massive Oil reserve We will be in massive profit (which I don't believe will happens soon). Do you know if they will explore in Kyrgyzstan? Thanks Mate, have a nice day. Obelix
Morning Gige, I have to agree with you Mate, but We're already in Gold project which is not our business anymore and We will move to Oil (not a good time) or they are taking the advantage of low price and make profit next year.? They found massive Oil reserve there or just another gamble? Many questions here are in dark room at the moment Mate, but I believe We will see a change game. Have a nice day Mate, Obelix
Hello Ali, Good to be back to hear about different opinion here, as I said before "I'm not always right or wrong in my investments decisions", but I believe this time I'm right. However, I can be wrong as well (that is typical from me) lol..... So, I just want to see the place or Country that they will explore the Oil & Gas. Ali, did they mention the ring will be in Kyrgyzstan? The next RNS's will be crucial for all of us here. Good luck to You & all here. Obelix
These are the only 2 outcomes for my poor friend PGR... Im pretty sure they will go into liquidation =(
Valery Dil calls local community to be major risk factor in attracting investments 26/03/15 07:19, Bern – 24.kg news agency, by Anastasia BENGARD Valery Dil called the local community to be a major risk factor in attracting investments, the Vice Prime Minister said to journalists. According to him, "along with positive aspects, there is a significant risk factor." "This is local community, which, in fact, prevents the implementation of these projects. Investors are pouring money and suddenly the community rises and says that such a plant is not needed. Although previously public hearings were held, the population approved everything, investors poured money and suddenly there is a group of people who kick investors, threatening to burn everything. Such examples were in the south, in Tash-Kumyr with ferroalloy plant in the Moscow district, where the area for exploration was taken. Well, what is it? And such things happen all the time," official complained. "It is not the state approach, when the government, the president and all the structures travel around the world and invite investors. The local community, regardless of the public interest, raises its personal interests above the public one. This is the biggest negative factor in attracting investments today that should be removed. We understand that we must take into account the interests of local people, explain to them the economic feasibility of the project and what it will have. But everyone should think first about the state. If our country doesn't have the money, how will we develop the social sphere? Everyone is asking for money, for example, to repair schools, to increase teachers' salaries, health care. Therefore, everyone must think on the revenue side of the budget," Valery Dil called. URL: http://www.eng.24.kg/economics/175062-news24.html Lets see what next month brings ATB F
At the moment I would not put any cash on oil .or gold ,,,Not at all till the oil holds like this and gold heads down ,,good luck ..
2015 is done for me already also, pretty much done with the stocks game for the foreseeable.
I thought 2015 was gonna be a good start, but now I find myself 20k lost in 4 companies closing, and this will be another one, my buy at .09 let alone .37 is completely gone. so if I put more money in here this just shines failure. This company now. I emailed premier I won't hear back. But I'm glad I sent it. Just for my own satisfaction.
To be honest I was worried it was heading for delisting like TXO and FML have just done along with many others as when that happens you have no clue what the value of your shares will ever be and 9 times out of 10 its worthless. I will for sure vote yes to this and look forward to a change of BOD and business and may even top up depending on the asset they purchase and if no asset is purchased within 2 months of resuming trading I will just cut my loses whatever the price it is and move on.
Mate I have worked out the maths already and you got to look at what your stake will be within the 40 million shares after its done. Convert your shares by 25,000 and then subdivide that by 100. Lets be honest at least something is now happening as it was doing nothing at the moment and likely to go bust and lose it all. After the consolidation yes we will be further diluted but there will be no debt and they have a new BOD who will have £1 million to spend on purchasing a new asset which is going to be in oil and gas. Stay positive my friend as this is AIM and things always surprise you when you least expect it.
Our investments will be basically worthless regardless what the SP does.
Mate we hold millions and consolidation will completely ruin us pal.
Hello Mate, To be honest with You & all here, I don't see this as wrong at this time. We knew before PGR was a big lottery, and we all here was trying to Buy a big ticket with good numbers. Unfortunately, we can all lose the money invested and I agree with you & others here. Also, I believe the next RNs will be crucial for us here. The location, Oil Reserve, Licence and others issues that we know already about Oil Company. I've to say this can be painful and long process and maybe many of us will Sell at loss (included Me), but till they say all this we still have a hope here. Another point we have to consider, the share price (after consolidation) below 6 or 5 (pence) we all will be in massive loss. Let's wait Mate, have a nice week and take care. I'll not be here this week Mate, I'm off to EUA. Obelix
How are you Mate, hope you're okay. Mate, with all respect to you and your work to try to benefit your BB, but We're not in Gold anymore. Sorry Mate, but we changed the direction to Oil & Gas last week. Have a nice week Obelix
well to be honest consolidation is rarely painless iam afraid..........But our cards have been dealt were still in the game for now nothing lost yet just hope the bod have got some good deals lined up AIM can be a cruel animal at times good luck all............
Well mate I do not feel good about this feel like going to lose a lot of money but I admire your optimism and hope you are right.
SDR's are going to be the next form of reserve currency. The dollar, sterling, euro and others will be put into a basket along with a percentage of gold. The SDR's will then be given a value by the IMF, gold will rocket in value because of this. The US doesn't want China's RMB to be added to this basket. The China AIIMB has just admitted Britain, Germany, France, Italy and others. Power is moving from the $ and we know China has been buying huge amounts of gold. There's going to be a lack of gold.