Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Hello Oblelix as you currently have 10 million shares your shares will probably be 40,000 at the end of consolidation. Currently you have close to 0.% of the stake of its capital and at the end of it you will have around 0.10% of its capital as the finial shares on issue will be 40,731,291 at the end of the process which ain't a bad holding especially if the Market Cap is above the £6 million range then our shares will be in greater value then it currently is. And if the new asset this BOD is taking on is really good and gives it a market cap of £100 million as it maybe in production already then we will be in great profit. Lets be positive my friend as this could turn out to be much better then it currently is.
Also lets be honest this company has stayed in suspension for nearly 2 years now as what is having an asset and not being able to do work on called? Being is suspension! We have stayed around the 0.05p mark for nearly a year and that was basically is suspension price. Right now it is just an official suspension instead of an unofficial one which is was in. I have waited over a year in this company and I am patient enough to wait another month to know what is actually happening and not just hoping for it like before as it was not in that previous BOD's hands. I will give credit to the previous BOD for suspending there salaries but they should of done it right away once they knew they can't do anywork. I will vote in favor of this resolution and research into the new BOD and hope they do a much better job which aint that hard compared to previous BOD.
Ok first things first I am now relieved we have finally got a significant RNS that ai't a Holdings RNS omg that was driving me crazy. Well the RNS ain't good but it aint bad either as we don't know what the new asset will be and what its market cap will be after reorganization. I am pleased we will get a new BOD as the previous BOD were useless and when I researched and found out they gave back the lithium and other base metals assets to the previous company they made the purchase of there gold project from I was furious. I never would of invested in this company if I did my research sooner and found that out beforehand and that was lesson learned and they just idiots as they put all there eggs in one basket and even though that basket could of been made out of gold if they can't get get to it then its worthless. They should of other options. Anyway i would like to give this new BOD a chance and they are starting off a fresh and clearing all debts which is good. How the consolidation works as now I have 2 million shares and at the end of it I will have 8000 shares. So every 25000 shares gets consolidated to one share worth £25 and then this 1 share gets converted to 100 shares and the £24 of it gets deferred. So my 2000000 shares divided by 250000 equals 80 shares and the multiply by 100 equals 8000.
I think my 5m will reduce to 20,000 shares ,let's hope it's a big reverse takeover with the proposed name premier oil and gas .chin up all .its not over yet .
Morning DB, I didn't have time yet to do the calculations. I'm very busy at Uni now, project to hand in next week and I will not be here in England. I will do tonight or this weekend Mate. Have a nice day, Obelix
Torchy, Agree with you Mate, I was expecting, but like you said "we still alive and not dead yet" I know very well what's I'm doing Mate and I hope works for me & others here. Some people here are SAD and have nothing to add for us, but it's life Mate. Some are good and others I don't need to say, We can read what they post. Have a nice day Mate, take care. Obelix
Just to clarify the dilution what will your 10mil equate to if all goes to plan ?
Mmmm
Obleix, morning mate...not quite the news we expected, but we're not dead yet, where there's life etc...look at Sefton . you pay your money and you make your choice.......eyes wide open mate....GL
Good morning Mate, It's really good to hear all this from You. I really appreciate, but I trust in the company. If I lose my money invested here it's mine and I'll write off (in that case). However, I've a plan to be Major Shareholder here with min 3% and I don't care what you say or will write in the next message. Good luck to you here and others place that you invest. Hope really works for you, at the least You need something to talk to. Have a nice day and I hope your investment works for you. Take care DARLING... Obelix
kind of agree really. It's not what we wanted to hear but it's a step in a direction that could lead to a better future for all of us. Their reasons for ceasing to trade under Premier is likely because of the Russian link... With all the sanctions over Russia, the last place a british company is going to prosper is in the back yard of a Russia backed state. At least we haven't lost everything.
Morning Mate, Maybe some people will not agree with me, but from my point of view it's a not BAD news. The only problem as I see it's more shares out, but Consolidation will be done. At the least We will be back to work. Obelix
No way ****in bad news.
RNS out. Bad news
Richard appreciates our concerns as investors and the call and as soon as they have news, they will let us know, very tight lipped and giving nothing away , was surprised to get straight thru to him , So it looks like a waiting game mate sorry. * Thanks to FOREST, the message above was the email that I get today. He made a phone call to Richard your Director and sent this message to me.
I believe Russia will help and give all support that the country needed do be on track with Mining Industry. Just remember, Europe & USA still have some sanctions against them and they need new partners to do business. Mining Industry it's very lucrative for the Country (higher tax). HOWEVER, if something goes wrong The Company (not only PGR) can be in Big Trouble. Good luck to all, Obelix
Vladimir Putin: Kyrgyzstan's economy must be adapted to economy of Eurasian Economic Union countries 17/03/15 06:17, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA "Kyrgyzstan's economy must be adapted to the economy of the Eurasian Economic Union countries," Russian President Vladimir Putin said yesterday at a meeting with the head of the Kyrgyz Republic Almazbek Atambayev. According to the press service of the Kyrgyz President, Vladimir Putin and Almazbek Atambayev discussed cooperation in economic, trade, investment, energy, cultural and humanitarian spheres. Reviewed the implementation of joint projects and exchanged views on bilateral cooperation in the framework of the Eurasian Economic Union. "We meet separately, as agreed, in order to review the bilateral agenda, all matters related to our trade and economic activities. And, of course, we talk about what is happening in our part of the integration process. The ultimate goal is to adapt the economy of Kyrgyzstan to the economies of Russia, Kazakhstan, Belarus, Armenia. Of course, all these problems are solvable, and the sooner we do it, the better," Vladimir Putin said. Almazbek Atambayev said that Kyrgyzstan aims to join the Eurasian Economic Union in a timely manner. "Of course, we would like to be in time for May 9. You remember we set this date. We still have the front-line people who remember, that there was no customs borders. Today we have a good opportunity to discuss issues that have accumulated," the President of Kyrgyzstan said
http://www.bbc.co.uk/news/world-europe-31901078 He's still alive and may be He set some business with The Prime Minister. The next few days will be interesting here.
Guys, Hope everyone here are okay and be read for "surprise RNS one day"... Have a nice day all, take care Guys. Obelix * uNkwntrader, where are you Mate? Hope you're okay.
Sure Mate, some good Buys and good news provided by Forest from the last two weeks. Also, the meeting today between Putin and the Government will put more pressure to resolve the mining industry there. The Country needed Gold urgent Mate and I'm sure they will resolve this matter soon as they can. Also, I'm waiting for VAL release good news and I'll Buy more here. Good luck to you Mate. Obelix
My thoughts aswell they will want to get to work as soon as the season begins,so im expecting good news soon......im sure there have been lots going on in the background........so here's to news soon................
Not a strong day here today (volume), but all trades here and at ISDX are Buys. I believe what "jange" said early "not long now" maybe We will see something really good again this month. Good luck to all, Obelix
Hello Mate, Good to see you back to your BB. How are you? Hope everything are okay with you Mate. I agree with your comments about "We will not to have to wait for long to see a good RNS" Let's hope be out this month Mate, drilling season will start by end of April or the first week of May. Good luck to you Mate, take care. Obelix
Not long now I believe?
Forest, Any news from your friend Putin? Did you found something about today meeting? Thanks Mate. Obelix