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Spoke to Tony back in June too ...sounded more optimistic then. But since the last piece of news I've written this one off. NEVER will I take a punt in a shell again. Took the risk and it didn't pay off. Just need closure from the company to say it's over rather than dragging things out with poor pi's living in false hope!
This is a significant asset which, if the transaction proceeds, will be transformational for the shareholders of Red Leopard.
Well it transformed my money into fresh air. So, sorry, there is no current status, apparently
Can anyone shed any light on the current status here?
I hope so, come on RLH I need my money back!!!
I have 14k stuck in here... frozen in time come on rlh sort it out
if they have used £11k of my hard earned money to do what amounts to very little over the past 12 months. I dont know how they get away with it. No wonder AIM volume seems to be low this year - people have been fleeced and either cut their losses and give up trying to make money or have got nothing left. The example of RLH is a pime case......big ideas, big hype not much action. At least some of the Directors had shares from memory but Im sure they can afford to lose more than I can!!!
Well, its no wonder we`ve had no news for over6 months because nothings happened. The only possibility is that if the deal is worth pursuing and that they can convince someone that another couple of £100k will do it then it could be done. However if you`ve spent £600k on the usual hangers on lawyers, accountants etc and nothings transpired then would you lend the extra money. The only saving grace is that if they do get the money the shares will relist and give us some liquidity. Also as below no detail in any of the report about when/if this can be done. Pretty **** poor really.
The directors are satisfied with the (financial & non-financial) KPI's.....
Well that is reassuring! (not!).
So vague as to be worthless comment.
To me the report says basically that the deal is out of RLH control and if it aint done soon nobody will loan 250=500k to keep lights on . They are letting us down gently , Very grim !!!!
Rarely does an aim company recover from such a position. Grave dug and ready ...just needs the soil over the top to well and truly to bury it :-(
250-500k to keep it going for another year and failure to raise this money could result in it all falling apart- a further blow...... The only good news is that we are on life support and may bounce back......
Read the accounts: Need an IPO for a fundraise - committed to progressing this but open to other opportunities incase this doesnt conclude in a timely fashion......gutted!!! Nothing happening anytime soon by the sounds of it. Someone mentioned xmas as a re-list date and they might not be wrong by the sounds of it.
are visible now.
https://beta.companieshouse.gov.uk/company/05289187/filing-history
Was 6 months ago....ridiculous
Hope it turns out well for you biglad6,but I fear this is dead in the water.
Thanks for that redirons I`ve got 14k stuck in here and been waiting 5 years for something to happen here, sick of constant stalling and waiting to be honest but another few months is not going to make much difference. However even the mention of big deal has me thinking in multiple gains here!
Thanks redirons ...a similar reply to what I got a month or so back.
Good to hear they still trying ...before Xmas would be great as this has definitely gone on for far too long!
Afternoon all - just come off the phone from John May who was upbeat and stating that they are still fighting the good fight. He says they are pretty much waiting on the bigger boys to sort themselves out, which he said can often happen on big deals. I pointed out the anniversary coming up and he agreed it has been too long a time but when I said hopefully news before Xmas, he said hopefully before then. We are all stuck in limbo and powerless but I am always pleased when the phone gets answered. VGLA Leopards for an about turn in fortune!!!
Greendave
lets skip a few parts say up to part 99
I wonder if I will get up to Part 100 before something happens....I have no new news to report as its radio silence from the company. Im hoping for a big bang upwards
For the way this has gone on, I'd be happy to even get my money back!
I agree 1 update in 12 months is not good enough. If I get at least a 50 % premium on re list I’ll forgive them otherwise I’ll be mad as hell. Shells are hard work for sure with all this waiting . I just hope we relist soon as one year should be more than enough to get it signed, sealed and delivered!
Lack of communication from rlh is disgusting when they have pi money locked in
nearly here since we de-listed, with just the one update that was 6 months ago now,
David Hibbs has been busy.
https://www.linkedin.com/in/davidwhibbs
Responsible for the design, development, and operation of the La Luna Mine in the Colombian State of Cesar.
* Led the 2018 Exploration Campaign of 75 holes that was completed on time and under budget.
* Supervising the formulation of the Bankable Feasibility Study (BFS) that will be utilized to obtain funding for the project.
* Fine tuning the design and operational plans to make La Luna a world class room and pillar underground coal mining operation.