Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Just in case you have not stumbled upon it take a look at Bluejay in which M & G have just declared a 9% holding as a result of some extensive corporate dealings
This is the corporate action from TD Trading Stock SIERRA RUTILE LTD Event Type Merger Description Merger Record date: 6th December 2016 Terms: GBP0.36 per share Pay date: 14th December 2016 Sierra Rutile Limited has announced the merger with Iluka Investments (BVI) Limited, is now going to proceed with an amended record date of 6th December 2016. Under the terms of the Merger, holders will be issued with GBP0.36 in exchange for every Sierra Rutile Limited share held. Accounts will be updated on 14th December 2016. Hope this helps.
I don`t know how come you got your money as I have just consulted both my brokers and both investigated and came back with the reply NO PAYMENT DATE SET YET
Got mine yesterday. Sad to see this go so cheap.
Thanks Tlgerwoody Barclays holding on to the money .
Hi, yeah, mine has been paid into my iWeb account run by Halifax. 36p per share as promised.
Hi has anyone received their funds from the sales of the shares or knows when we will get paid? Thanks
SRL have repaid the loan to the Government of Sierra Leone. Where did the money come from? Can't remember the last time a dividend was paid so, where has this $25,000,000 been languishing? Smoke and mirrors come to mind!
They notice the dams after 111 days .
They may be looking for a discount. its not wise to underestimate the criminal mind.
http://www.iluka.com/docs/default-source/asx-releases/updated-on-srl-merger.pdf?sfvrsn=8
No party tonight in Sierra Leone . I always thought that Iluka did not have the b***s.
Sorry 38p
Can't see any trades today and before the takeover was first announced the price was 30p Good results followed but now Illuks are getting cold feet we drop nearly 25%.
I guess the rutile price was not rising as quickly as they had hoped
Nov 29 (Reuters) - Iluka Resources Ltd said on Tuesday it may call off a planned 215 million-pound ($267 million) takeover of Sierra Rutile Ltd after raising concerns about its mine tailings dams. Iluka said it had notified Sierra Rutile that a "material adverse change condition" of their merger agreement had been triggered "due to geotechnical risks of SRL's tailings dams" and was in discussions to extend the Wednesday deadline for the deal. If the companies fail to agree to extend the deadline within five business days after Wednesday, then either side may terminate the merger agreement, Iluka said in a statement to the Australian stock exchange.
Why would anyone buy at 36.5 when Iluka are buying at 36p? Has the bid been increased and no one told me? Someone put me out of my misery!
Anyone have any idea who Sailing Stone Capital LLC are? They just posted a Form 8.3 Disclosure 7.45% holding.
Around 29th November shares will be cancelled. So how do I receive my money exactly? If I sell now I will only receive 33pps. If the shares become invalid then how do obtain the 36pps?
Any ideas when the Germans will finish their probe?
To true, this has been sold far too cheaply ,
This RNS is like being kicked out of a good party. But your friends are still inside texting you to tell you how good it is.
Does Jean Boulle still have an interest in Sierra Rutile? http://www.jeanboullegroup.com/sierra-rutile-limited
Bozzle - 13th August . And he quotes 'Can anybody explain why lots sales going through at 34.5p when 36p seems certain in 2 months time' Mr/Mrs Bozzle - imagine if you'd been one of these daft sellers selling out at 34.5p and buying back in at 26p. You're right - they haven't a clue what they're doing.