Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
With any news, no matter how good, negatives can be thrown in. We have a statement from the company stating their intentions and their reasons for them, we either believe them or we don't. My own view is that through my personal contact with the company, I have no reason not to.
Thanks for that info - much appreciated! Im glad we are going down the main market route in all honesty. Confused why they are going down the NEX route though - hope they don't get complacent and just sit on the NEX and never go to main market!
I think you may mean current holders Hammer, if so our holding is transferred to the new company Tectonic Gold. They are back in court in Australia on April 6th and are looking to list asap after that. The prospect of a main listing on the LSE rather than AIM is much more favourable in my view.
But where does that leave the previous shareholders in stratmin.
This is latest from the company. For me, this is a preferable outcome. I believe this is the best way forward. We had a good run through London and secured support for the target GBP2m raise from a mix of institutions and retail brokers. The AIM market regulator however wanted us to increase our raise substantially as they are now driving to have larger companies list on the AIM. In discussions with our advisors we decided that it was not appropriate to change the deal and would instead take the listing to the main board of the London Stock Exchange, bypassing the AIM market. Recognising that investors such as yourself have been waiting for liquidity on the planned AIM listing and not wanting to delay that, we met with the NEX exchange to discuss an immediate listing on that exchange which could then lead into the LSE standard listing on the main board by June. We submitted a pre-eligibility clearance application this week and received, overnight, confirmation from the NEX that we qualify for listing on the exchange. We needed this comfort to avoid the problem of the AIM at the 11th our deciding that they wanted a much larger raise which would be too dilutive and unacceptable to Signature shareholders. We expect to process the NEX listing in the next few weeks and subject to Australian regulatory approval for the switch from AIM to NEX should be trading shortly thereafter. We will complete a small raise to bring in NEX investors and then focus on a larger raise in conjunction with the LSE main board listing. Again this has a June timeframe. Peterhouse Captial has been retained to complete this process. They have listed more companies on the NEX than any other brokers, so we are confident we have a good team to get the job done and raise us an initial GBP500,000. In parallel we have an Australian investment bank running a process for us to bring a corporate partner in to joint venture on the first deposit at Specimen Hill and this is progressing well. I will be connecting with the team in Perth next week to present to about half a dozen mining companies interested in looking at the Specimen Hill project. Securing a deal here would again reduce the capital requirement for the group and minimise dilution for shareholders. While all this has been on the go, the technical team has been in the field running further exploration activities, once again with great success. We will complete a 3D IP survey on Saturday giving us follow up to December�s excellent results from the geophysics. If the IP survey shows us what we are hoping for we could be able to close a corporate transaction prior to further drilling. The difficulty with the AIM market seems to have been a blessing in disguise with the ability to move directly to the main board and a standard listing. The AIM market is not well understood in Australia and a main board listing is far preferable for attracting new Australian intitutional investors going forward.
Whats going on?! final court date came and went and no news..
Hope you are all well - Bignuggets any news matey?
The great news is as a non holder you don't have to worry.
Joking aside as a very long term holder and substantial holding the way that existing shareholders have been tret as though they don't exist,i'm out at the first available opportunity loss or not good luck to those who stay
You guys are doing a cracking job - how and when can we give Brett some more money and can we buy gold trinkets from the shop?
Sorry, I think you have misunderstood me. I was asking forQuinfells email, not yours.
Hi bignuggets i do have an email address but not sure how i would get it to you,i had and ran my own fairly successful company for over 30 years and all i was trying to say was keeping people in the dark gives people a sense of doubt and mistrust,I'm only in one outher share,not ggp by the way,but i would say the same problem is there and consequently about 75 percent of bb contributions are arguments,I've been with that share a long time and never posted,keeping workers or anyone involved in a company as we are. reasonably up-to-date makes for a happier relations i know they can't tell us everything.anyway I'm sure we will be ok in what looks like safe hands and that was my only criticism.
Thats a fair point which I brought up at the AGM. Going forward Brett wont be making the same mistake. Tectonic have even hired a marketing company that specialises in Social Media. Quindlell, I was actually thinking of Meeting Brett on Friday as well. Do you have an email address ?
Like outhers here I'm interested and looking forward to what i hope will be future success,I've been reluctant to say this but i personally have found the lack of information from both merging companies very disrespectful to existing shareholders, it wouldn't have taken much effort to just put something on either website to keep us briefly informed,i'm sure i can't be the only one thinking this,i,hope this is not a sign of things to come,i find myself again thanking fellow shareholders for the info that they are providing,don't want to give the impression i'm knocking the company already I'm just as exited as anyone but have found this frustrating.
Thanks for that info - if he is here for a week I might be able to catch him on Friday (if I have no jet lag that is!!)
Fairly soon is my understanding. Obviously I will have a better idea after we meet.
Any idea from Brett when TTAU will re-list. He said it would follow quickly after the Australian judgement which should have been nodded through today
Sadly I will be abroad: otherwise I'd make an effort.. Long-term holder of quite a few. Met Brett last year before this really kicked off, so I'd be very grateful for your assessment after you meet him, especially if your first name happens to be Niko, in which case we're connected!
I have firmed up my travel schedule and will be in London from 8am Monday next week for the whole week. Please let me know what would be convenient for you and lets lock in a time to meet. I usually stay in the City near to Liverpool Street, so I can get around pretty quickly to all points. We could use the VSA offices which are at Liverpool Street Station, but I am also seeing investors and brokers in the West End, so could just as easily meet you there.
Hi mate, thanks for letting me know. Do you know how long he will be in London for because i'm off to Singapore on Saturday for 6 days. Thanks
Or , anybody else interested. Brett has just emailed me and is in London next week for the investor roadshow. who else would like to meet up ?
No problem. I will let you know when the investor roadshow is in London and we can meet up.
Thats great news Big Nuggets - thanks for letting us all know. I was getting a little worried as it was getting close to the court date & we had no news on it. Cheers
Just to let the board know that the pre flotation fund raise has gone very well and we have already passed the minimum needed.This is very important as it enables us to complete the second court hearing in Australia with confirmation of the IPO proceeding and not being subject to capital raised. Exciting times ahead.
I will check if that is allowed and get back to you Chips.