focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Acknowledged that its out of date but shows a brokers view of the situation was in my dossier of research from ldp and have been waiting for them to relist along with ngp who look set to complete their rto of oman in the coming months. Any of mckeons conquests look a good bet for the future
here is the analysts review http://www.gecr.co.uk/file_download/115/gecr05Premier_Management23March2011_InitiationofCoverage.pdf
very interesting developments in this share to come the next 18 months planned out in detail and funding sorted. The owners of CAR accepted payment in PMA shares valued @ 3p. so they expect the value to go above this valuation in the future else they would of demanded better terms. there was a share placement last year at 3p and from researching the background of this share it seems the price was driven down due to delays regarding the rto from circa 3p. I think most people already invested will be waiting for the return to these previous levels and more. they have now completed the rto so the reasons for the supressed shareprice have now gone. In my opinion it will take a few trading sessions to attain the 3p price but will make that level. on the 23rd march last year analyst Dr micheal Green of GECR gave a price target for pma of 6p. at this time they were trading at around 3p.
Hambledon Mining PLC Loan Agreement Loan Agreement Hambledon Mining PLC Hambledon Mining plc ("Hambledon" or the "Company") Investment by EBRD and Change of Directorate 22 February 2012 Further to the announcement made on 27 January 2012 and the circular to shareholders dated 1 February 2012, Hambledon is pleased to announce that the European Bank for Reconstruction and Development ("EBRD") and the Company have agreed terms for the provision by EBRD of a secured loan facility of US$15 million (the "Loan Agreement"), a US$3 million equity investment in the Company and the issue to EBRD of warrants over 30 million Shares, in each case for Hambledon to develop the Sekisovskoye, Kazakhstan underground mining operation. This agreement follows the approval by the EBRD board of directors earlier this month. Loan Agreement Under the terms of the Loan Agreement entered into on 21 February 2012 between two of the Company's subsidiaries, Altai Ken-Bayitu LLP ("AKB") and Sekisovskoye LLP ("Seki"), and EBRD, EBRD has conditionally agreed to lend US$15 million in two tranches to AKB and Seki, on a joint and several basis, repayable in quarterly instalments between 10 January 2015 and 10 October 2017. Interest on drawn amounts will be charged at a rate of three months LIBOR plus seven per cent. per annum. The loan ceases to be available for draw down on 21 February 2014. Under the Loan Agreement, AKB and Seki have each given certain representations, warranties and covenants to EBRD and the Loan Agreement contains certain events of default that could enable EBRD to require repayment prior to the stated maturity date. AKB and Seki will work towards satisfying the conditions precedent to the Loan Agreement and the Company estimates that this will be achieved within approximately four weeks from the date of that agreement, after which the first tranche of funds, being US$10 million, made available under the Loan Agreement may be utilised. The availability of the second tranche is subject to certain production targets being met. Subscription Agreement Under the terms of the Subscription Agreement entered into on 21 February 2012 between the Company and EBRD, EBRD has conditionally agreed to subscribe for 58,794,708 Shares at a price 3.25 pence per Share (that price equalling the Placing Price per Share under the Placing announced on 1 February 2012). The aggregate subscription monies to be paid by EBRD for such Shares will be approximately £1.91 million (approximately US$3.00 million). Under the Subscription Agreement, the Company has given certain representations, warranties and covenants to EBRD. The Subscription Agreement gives EBRD the right to nominate a director to the Board for so long as it holds Shares (and, before such time, whilst it has the right to subscribe for Shares or exercise Warrants). The Company will now work towards satisfying the conditions precedent to the Subscri
seems a good entry price and if their teaming up with EBRD should be good. just need peoples attention and volume should pick up nicely. They are actually getting the stuff out of the ground which is good and should have a positive effect on the Sp.
Hambledon Mining PLC Drilling Update Drilling Update Hambledon Mining PLC Hambledon Mining plc (“Hambledon” or “the Company”) Latest drilling results from Sekisovskoye underground mine, Kazakhstan 21 February 2012 Hambledon Mining Plc (AIM: HMB), the Kazakhstan gold mining and development company, continues to advance its underground drill programme to validate and expand the geological resources at Sekisovskoye and today reports the results of further drilling in 2012. The results from the programme up to mid-February 2012 are set out below: The 98 holes drilled to date total over 11,170 metres drilled, The main intersections since the last update include: Hole D68 – 4m at 4.81g/t Au, Hole D69 – 7m at 4.1g/t Au, Hole D73 – 7m at 4.1g/t Au, Hole D77 – 9m at 9.27g/t Au, Hole D78 – 14m at 3.5 g/t Au Hole D79 – 39m at 3.38g/t Au, Hole D82 – 13m at 5.85g/t Au, Hole D86 – 9m at 10.92gt Au, Hole D96 – 13.3m at 3.69g/t Au 98 drill holes have been completed in the upper levels of the underground ore zones and the results are consistent and in many areas exceed the geological and mineral resource modeling previously carried out. The assays were carried out in the Altai Ken-Bayitu laboratory with independent verification to be undertaken by the Alex Stewart Group in Karabalta, Kyrgyzstan. The ore body to be mined in 2012 is ore body number 11 where mining started in Q4, 2011. The drill results and mined grade (including dilution) compare favourably with and provide robust confirmation of the geological model. It is expected that 6,500t of underground ore will be treated in February in the processing plant and underground mining activity is now achieving approximately 7,000t per month which is in line with budgeted plans for 2012 of 100,000tpa extraction rate.
http://www.investegate.co.uk/Article.aspx?id=20120221115300Z4074
just re-read the RNS it is for the purchase of convertible loan notes. timeweave have spent £2.087million for these. so they do not have to exercise their right to convert the loan notes and as such can collect the cash on expiry. so being realistic they will cash in the £975000 loan note for 97.5 million shares and will make a killing and then can get £2.093million in October. so if my figures are right they have got 97.5million shares for -60k after they cash in the other loan notes. I may have this wrong but I can't see anyone converting the £2million into shares at 18p unless the shareprice rockets.
This is definatly turning into a share I will have to stay in for a while whilst they turn it around good company but been badly run in the past few years and lost its way , just hope they can do it
how long is this share going to go down for surely the fundamentals point to this business been worth alot more than this
just looking at the investors part of the website and the bid and ask are way off what is showing on here. anyone got any ideas im new to share dealing Currency: GBp Code: MCHL.L Date 09/12/2011 Time Last Trade 16:35 Price 8.25 Bid 7.07 Ask 16.00