The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Parliament were complaining about the EU before the referendum and David Cameron went to the EU atleast twice to negotiate, but was bullied by the EU 27 and sent packing with his tail between his legs both times.the UK was a laughing stock.
Thats when the referendum came into play, to show the EU27 that we will not be bullied, it was a threat to leave to use as a bargaining tool. which no one expected to go as far as being voted on, let alone a vote to leave wining the referendum.
The decission to leave the EU by the people showed that we as a country will not be bullied and that it was time we were taken seriously.
And the months leading up to the referendum were full of scare mongering and threats of doom from all directions. yet the people stood their ground in the face of distruction and said bring it on.
Since that time there has been nearly three years of scare mongering to instill fear in to the people, big companies have been trying to threaten us because they don't want to leave, its like the leave voters are being held at knife point and being told that now we have you were we want you running scared, lets take that vote again.
The people have already voted, it was set in motion and in law by Parliament, and the courageuos people that stood their ground should not now be held to ransom for their votes. by the cowardly remoaners that have the backing of MP's and fat cat companies and unions..
I have always voted for Labour, but voted to leave the EU in the referendom,
I Then did a tactical vote for the conservatives in the election to leave the EU as Labour appeared to be against the democratic vote for leaving the EU.
Labour in my opinion have hindered Mrs May's chances of getting a better deal, and forcing her to lay her gambling chips on display has weakened her hand and tactics for a better deal.
I will never vote for Labour again, they have no idea of how negotiations and bartering for a deal works, they have no respect for democracy, and they should change their party's colour to yellow as they have lead the retreat from the battle ground and sabatarged brexit.
Atleast Boris has tried to keep our option to walk away on the table to have the chance of a better deal, and even now the cowardly Labour party are trying to scupper his tactics, maybe Corbin is on the EU payroll.
Atleast Boris has a back bone.
Its funny how the EU have not looked at the reasons why the UK have chosen to leave the EU, or even considered the changes Cameron was asking for before the referendum asking for reform, they could have offered to make changes to keep the UK in, but they didn't bother.
As for TCG, the prelonged brexit argument has just added to the insecurity for investment. but at the end of the day they did not move with the times and have been mismanaged the company.
I feel sad for all of the people that will suffer as a consequence.
Back in 2012 kenv was an investment company and shares were 100th's of a penny, they consolidated the shares to a price of 5p.
I believe they wanted to raise money to invest in land in America with a company called Bison, the land was one of the rare places apparently where shale sand is found for fracking, Bison intended to float on the London stock exchange but failed, so the biggest thing since sliced bread amounted to nothing.
My question is what happened to the asset, the investment or kenv's percentage of the land they owned.
Quoted-(We are proud to offer a new automated diagnostic solution to further improve the outcome for patients. Our unique approach gives laboratories the possibility to automate and combine speciality tests from endocrinology, autoimmunity, infectious diseases and now allergy)
I saw a documentary recently where they take a DNA sample from the patient to individually tailor a remedy or medicine to suit the patient rather than issuing a broad spectrum antibiotics and other medication that could have adverse side effect to a large percentage of patients with similar symptoms.
It appears that many people with the same illness may be treated differently according to their DNA in the future.
If this company is working along those lines with their speciality tests and automated diagnostic solutions, the old diagnosis and treatment methods could soon be left behind.
This could do well if it is one of the first companies working towards this goal.
I have seen first hand now the implications of brexit , today 21 shares sold here for 0.06p
This to me is one RNS away from take off,and that would be for the license to continue with the iron seperation plant.That would bring the sand contracts back into play, and a boost in price quite quickly in my opinion.I dont see them doing a consolidation as that would leave them open for a takeover,and the outstanding warrants are not really a viable option to convert to shares, so they should expire and get written off.Then theres the 43million warrants owned by Nova,what will happen with those now that Nova shares have been cancelled. their warrants for tricor shares are not viable for convertion either.this would have to exceed around 12p to make it worth their while converting any of the warrants that expire in 2017. I cant see that happening myself. since the consolidation a few years ago, I wonder how many people can say that they where robbed here by means other than paying too much for their shares, as there has only been a small amount of dilution since then and that was for loans while they negotiate for the license to trade iron ore. I still think the plan is to bide time till the warrants expiry date,then back to work on sand and iron contracts.Only time will tell.A small punt to me is well worth considering, but always remember past history could repeat itself and you could get burnt. DYOR https://www.discussthemarket.com/company/tric/stream/1/
Research seen on the link page below suggests this will reallly move in 2017-18 and has double in the last month. So maybe worth a small punt while its cheap for some people. Also as many people have lost money over the years that it has dropped, gives an opertunity for a nice bounce back if it occurs. https://www.discussthemarket.com/company/tric/stream/1/
Nova Res shares have been cancelled, they have 43million tricor warrants for shares,what will happen to those now nova is cancelled. [link] 07/06/2016 70am NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM NOVA RESOURCES LIMITED Trading on AIM for the under-mentioned securities has been cancelled from 07/06/2016 70am pursuant to AIM Rule 1. ORDINARY SHARES OF 1P EACH, FULLY PAID, (DI) (B6QZDY5) (BMG667261033)
Not sure why this rns isnt on here already. NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM NOVA RESOURCES LIMITED Trading on AIM for the under-mentioned securities has been cancelled from 07/06/2016 70am pursuant to AIM Rule 1. ORDINARY SHARES OF 1P EACH, FULLY PAID, (DI) (B6QZDY5) (BMG667261033)
SugaToyBoyDaddy 13 May 2016 Re: Is the tide turning here? Will Nova sell their Tricor investment, Tricors share price oddly enough has risen recently to equal the price of Nova's warrants price for Tricor shares.Could this be the funding that will be used to rescue Nova?Alliance NewsNova Resources Suspended As Company Warns Of Financial DifficultiesFri, 6th May 2016 14:49LONDON (Alliance News) - Nova Resources Ltd had its shares suspended from trading on AIM Friday, when it said its nominated adviser and sole non-executive director have both resigned, adding the company will face "financial difficulties" if it cannot secure funds soon.Nova had GBP28,000 in cash at the end of June 2015 and has not raised any funds since. The company's nominated adviser, SPARK Advisory Partners Ltd, has resigned and is the sole reason for the share suspension. Nova did not state any reason for the adviser's resignation.The company's only Non-Executive Director, Ajay Rajpal, has also resigned with immediate effect, leaving Chairman Chris Morgan as the company's only board member.Adding to its woes, Nova said its current investments are progressing slower than what was anticipated and admitted that it must secure funding soon."Progress with the current investments in Enerstry Group Ltd and Tricor PLC has been slower than anticipated, and the company has been seeking new funding for working capital, to enable it to continue with the ongoing management of these investments, and also to seek new investments," said Nova.Tricor is also listed in London and is an investment company focused on the natural resources sector.Nova said discussions about funding have been held, but no agreement has been struck yet. Nova conceded there is no guarantee that funding will be secured, but reiterated its aim to get some funds through the door "as soon as possible."Also impacting its cash position are delays in receiving the remaining loan repayments it is owed from Enerstry, but Nova said it is continuing to pursue those funds."In the meantime, the company has limited cash resources available, and will continue to progress the discussions on the new funding, as well as work with Enerstry to collect the remaining loan repayments," said Nova."If new funding is not secured, then the company will experience financial difficulties, and face an uncertain future," the company added.Nova's last financial results were released back in September and covered the first half of 2015, revealing the company's pretax loss narrowed to GBP176,000 from GBP2.9 million a year earlier.
Arn't there lots of companies that do share consolidations,I think there was even one company that did today. was'nt the consolidation part of the company restructuring to save the company from going under,and wouldn't all of the share holders have lost everything if that had happened? also from looking at the Directors deals tab,it looks like they got consolidated too.
I saw this today. it must be for you. https://www.discussthemarket.com/company/tric/stream/1/ Reply to Lse Tric chat Ref: Metals Exploration Says Runruno Suspension Order In Philippines Lifted https://www.kitco.com/news/2016-04-25/Metals-Exploration-Says-Runruno-Suspension-Order-In-Philippines-Lifted.html Runruno differs from Tricor as in the case of Tricor,they dont need to do metal exploration or minning,it is there in the rivers waiting to be dredged up and put through the iron seperation plant. I believe Tricor are waiting for a new permit/Licence to dredge black sand from the rivers,I think they had a permit/licence through Bluemax, but Bluemax were told to stop their activity in the region by the local government I think. which left Tricor with no permit/licence to continue with black sand/iron ore seperation. they can however still dredge and sell sand if the choose to and can still find buyers etc I think if they can negotiate a new permit/licence to continue at all three sites, then the sand contracts will come back and the prospects will be huge. Some of the above is hearsay,not proven facts,DYOR
I dont think those links in my last post worked, so here are two links that do work. http://www.novaresourceslimited.com/pdf/Tricor%20Fact%20Sheet_Mar14.pdf http://www.tricor-env.com.sg
I found all this Tricor info today,and thought I would post it as it has links to strategic partner sites, I dont known how much is still in affect if and when the work starts up again, but I read some where that the KGGD agreement is upto 2018. Also I have'nt seen any of this on here. Tricor information http://www.tricor-plc.org.uk/corporate-structure.html with SEAWIND subsidiary added to structure. http://www.tricor-plc.org.uk/pdf/131%20Tricor%20June%202013%20Investor%20Presentation%20%28Website%29%28Final%29.pdf corporate structure PDF File Company Overview Tricor Environmental Pte Ltd ("TEPL") is a wholly owned subsidiary of Tricor plc (AIM: Tricor) which is a UK registered investment holding company quoted on the London Stock Exchange's Alternative Investment Market ("AIM") that focuses on investment opportunities within the natural resources sector. TEPL is currently developing a portfolio of sand mining operations in South East Asia, with the first two projects in the Philippines. TEPL has signed exclusive master supply purchase arrangements with Bluemax Tradelinks Inc, and CST-Bluemax Subic Inc. for two sites – one at the Bucao River at Zambales, Philippines (the "Porac Site") and another at the Maloma River at Zambales, Philippines (the "Maloma Site"). In addition to trading the sand excavated from the Porac and Maloma sites, TEPL's activity at the two sites will have significant environmental and local community benefit. The Bucao and Maloma rivers are both heavily silted as a result of the Mount Pinatubo eruptions in the 1990's. Due to the heavy siltation of these rivers there is a no outlay for excess water during the monsoon season, which causes extreme flooding of the area. This has been highly destructive to the local community; however, Tricor's removal and purchase of the sand should help to alieviate the flooding problems over time. TM is 72 per cent owned by Tricor Plc, with the remaining 28 per cent owned by strategic partners KGGD Pte Ltd ("KGGD") and Dunamis. TM is jointly managed by representatives of KGGD and Tricor Environmental Pte Ltd ("TEPL") – another subsidiary of Tricor Plc. Between both of these parties there is extensive experience in building and operating iron sand plants. TM will own and operate iron sand separation plants in the Zambales region of the Philippines on which TEPL operates. Feedstock will be sourced from sand supplied by TEPL. TM has entered into a five year supply agreement with KGGD - KGGD will purchase all iron sand TM processes and wishes to sell. The features of the business are as follows : High margin potential business; low operating costs in comparison to traditional mining businesses; estimated average price (at current market conditions – July 2013) of iron sand (58% grade) approximately US$60 per metric tonne FOB Barge; transportation costs borne by purchaser
Found this today on the link for discussthemarket.com https://www.discussthemarket.com/company/tric/stream/1/ Is the tide turning here? Could that be part of the plan? bring the price up enough to either allow Nova a sale of their warrants at 0.50p or over,Or to allow Nova to exercise their warrants at 0.50p which would help stop the other warrant holders with the larger amount of warrants from exercising their warrants.This would also bring cash to Tricor and give a boost to Nova when the other warrants expire in 2017.Sounds like a viable plan, -keep it in the family- as MR Chan is also the Nova director the same as he is for Tricor.
Its not a new company,here is part of a 2009 RNS. Mon, 19th Oct 2009 17:46 RNS Number : 0456B 2,800,000 options. 800,000 options at an exercise price of 50p, exercisable until 10/10/2016. 2,000,000 options at an exercise price of 59.85p, exercisable until 13 March 2018.
Selling seems to have stopped now is it because of Ellwoods agreement of only selling up to 31st march do you think.as below.? Ellwood has entered into an orderly market agreement whereby until 31 March 2016, it will only sell Ordinary Shares following consultation with the Company's broker and always so as to ensure an orderly market in the Company's shares.
Is that wait as in 2017 expiry of warrants as mentioned on that link? https://www.discussthemarket.com/company/tric/stream/1/
If the warrant Exercise price 0.5p, doesnt that make this price a premium as it is less than the warrant holders price?
some one thinks so, google prices show Vol / Avg. 239,448.00 today as buys are coming in,and up 32% today
Why is this RNS not on here,and how have people bought shares if this news was issued at 8.00am today saying they have been cancelled. any idea what is occurring here? http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/other/12759385.html