focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Waiting for that TR1 for 20% +
GM
Appears to be in a great deal of control with intent.
Time will tell.
Will that 10k scramble to get back in.
Just a few minutes between it and the rns.
Days ahead are going to be very interesting.
GM seems very serious.
RG 15%
Well well well
Yes CC.
That post for me was more about the fact that Antos hasn't gone AWOL and is very much active. He is well invested here and I really hope this comes good for us all.
Ofcourse nothing is certain in life and there is no guarantee but this could be something. The coming days will be interesting.
"The Future,
The board will continue to seek Opportunities to make progress which is in the interest of all shareholders, and expects to hold an EGM within the first 3 months of 2020 when I will update shareholders further on progress related to Azatek and the other Armenian assets. In the meantime, any information concerning developments will be posted to the CGHL website.
The company will seek a flotation in 2020, either by way of a Reverse Takeover ("RTO") or Initial Public Offering (IPO") on a European exchange.
I would like to thank all of CGHL's staff, shareholders and other stakeholders for their continuing support. I also thank the company's legal advisor in Armenia, Mr Tigran Martirosyan on MM Legal Outsource, for his advice and guidance, which has been invaluable.
Looking forward to a prosperous and exciting 2020 ahead.
Antos J. Glogowski, Executive Chairman,
Couer Gold Holdings,
14 December, 2019"
Are gently flying in.
Spot on.
We know where the Buys are coming from, MG.
When will he Buy enough to hit 15%, 20% or 25%.
And what is MGs plan?
You snooze you lose.
Threshold was crossed on the 28th but what about the recent buys say 1% from yesterday.
This could get interesting
Small buys, it all adds up.
Cheers Floppy,
Those trades are now on lse.
Small but positive. It's always nice to see buys in a system where we all gain from buys.
Now, if he came just for the lights, I fail to see how anyone like Antos, could be spell bound into investing well over £200k in BOU because of some side agreement.
So he spent his money, time, open offer, warrants that are ONLY exercisable for a side agreement via lights OR on the COMPLETION of a RTO.
So why invest more in a cash shell that you have no interest in, when you could have got on with building your light company. That makes no sense to me and I see nothing to understand. Unless someone here does.
IMO Antos is very much active, his message to Coeur shareholders and staff in Dec 2019 shows clear indication that he means business. He communicated there but hasn't here? NDA?
He has sacrificed a lot in BOU. Like someone said earlier, it may simply be part of the NDA from the target, not to reveal anything until the deal is signed and everyone involved knows the real outcome.
We all took the red pill so to say. So lets wait. There's nothing harping on about aim rules and regulations etc will make happen. They haven't replied to a lot of people from what am hearing. They don't NEED to. The deadline we all know.
What will be will be. In just one month we will know. Recall the soft deadline he gave the Couer bunch. We will soon know.
Those big buys from days ago and these recent ones, smart investors like Mark Mitchell Greenwood mopping up after thr impatient.
Be the early bird.
That's the other truth Prop. No one can ever tell you where the bottom is. Many wait and miss it. This can move super quick. If it hits 0.0015 tomorrow, that's 50% missed.
Some say don't buy, wait. Mark Greenway just buys, no waiting. What does he know?
Same boat, we all feel it. I feel it.
The pain lies in seeing other stocks rising and saying I would have bought those. But in truth if BOU never was, my money would be locked up in another share.
Not much longer to go to find out. That's one good.
But i'm still confident.
Recall Antos' message to Coeur staff and shareholders in Dec 2019.
There is simply a reason they are not yet able to say anything.But we will soon find out.
Tue and Wed
So what happened on these 2 days.
Tue 10th and Wed 11th
Check my posts from earlier and their dates and the time the rise on Tuesday started.
Just my opinion ofcourse
Part 3 (read all and check the last paragraph)
Fura Provides Update on Ruby Transaction in Mozambique
TORONTO, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. a gemstone mining and marketing company with emerald, ruby and sapphire assets in Colombia, Mozambique and Australia, respectively, is pleased to announce that it has entered into a Revised and Restated Merger of Ruby Assets Agreement (the “Revised MRAA”) with New Energy Minerals Ltd (“New Energy”), Montepuez Minerals Pty Ltd, Montepuez Minerals Ltd, and New Energy Minerals LDA (collectively, the “Vendors”). Pursuant to the Revised MRAA, the new terms for completion of the transaction are as follows:
Consideration for the acquisition of the New Energy Assets (defined below) has been reduced from A$2,800,000 (C$2,480,000) (as set out in the initial merger of ruby assets agreement dated July 14, 2018, as amended, most notably by an amending agreement dated November 27, 2018) to a cash payment of A$1,400,000 (C$1,240,000); andFura is no longer required to issue any of its common shares as a part of the transaction.
In addition, pursuant to the Revised MRAA, the A$2,800,000 (C$2,480,000) loan agreement between Fura and New Energy, previously disclosed in the Company’s press release dated November 29, 2018, is formally terminated, noting that no draw-down by New Energy under the loan agreement was possible due to the non-satisfaction of the conditions precedent set out in the loan agreement. Fura has also agreed that it will pay, on behalf of New Energy, all capital gains taxes levied by the Mozambique government in connection with the sale of the New Energy Assets.
The reduced consideration was negotiated in exchange for Fura agreeing to an accelerated closing and to assist the Vendors in the closing process with the Ministry of Mineral Resources and Energy of Mozambique, the Ministry of Finance and the National Institute of Mines. We note that the binding tax opinion issued by the Mozambique Ministry of Finance, which is required for the transfer of the New Energy Assets to Fura, has now been obtained.
The Revised MRAA contemplates the purchase by Fura of interests in three ruby licenses/concessions in Mozambique as follows: (i) a 70% interest in ruby mining licence 5030L through the acquisition of 70% of the issued and outstanding shares of Rubi Resources SA, (ii) a 80% interest in ruby mining concession 8921C through the acquisition of 80% of the issued and outstanding shares of Ibra Moz SA; and (iii) a right to earn a 65% interest in mining concession 8955C under a joint venture agreement (collectively, the “New Energy Assets”). The completion of Fura’s acquisition of the New Energy Assets is subject to the satisfaction of customary conditions precedent, including, inter alia, ministry authorizations, consents from joint venture minority partners and the provision of applicable legal opinions concerning the title to th
Part 2 Same Feb 10
FURA
Fura Gems Inc.
FURA TO ACQUIRE ADDITIONAL RUBY LICENCES IN MOZAMBIQUE
TORONTO, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. a gemstone mining and marketing company with emerald, ruby and sapphire assets in Colombia, Mozambique and Australia, respectively, is pleased to announce that it has entered into a share purchase agreement and non-competition agreement (together, the “Agreements”) with Gemrock Company Ltd (“GemRock”), pursuant to which the Company will acquire interests in three ruby mining licences/concessions in the Cabo Delgado province of Mozambique and certain rights to explore in various countries without competition from GemRock.
Key Highlights •Acquisition of participating interests in Mozambican mining companies which hold the following ruby mining licences and concessions in Mozambique for a total cash consideration of US$3.8 million (approximately C$5 million):
•100% participating interests in SRL Mining, Limitada, a Mozambican mining company holding each of ruby mining concession 8955C and ruby exploration licence 7414L; and •20% free carried and non-dilutive participating interest in Ibra Moz SA, a Mozambican mining company holding ruby mining concession 8921C (together with ruby mining concession 8955C and ruby exploration licence 7414L, the “Licences”) (note: Fura expects to acquire the remaining 80% interest in Ibra Moz, SA and thereby ruby mining concession 8921C as part of its acquisition of the New Energy Assets, described below). •Rights to explore without competition from GemRock: •US$3.5million is payable to acquire rights under the non-competition agreement, pursuant to which GemRock has agreed not to compete with Fura in certain jurisdictions in respect of its ruby mining activities •US$500,000 is payable as a reimbursement of GemRock’s expenses in connection with the transactions contemplated in the Agreements •The acquisition of the participating interests in the Mozambican mining companies holding the Licences is expected to add a further 95.15 sq. km to Fura’s existing land package in the main ruby belt of the Montepuez district of Mozambique •Fura expects to commence bulk sampling at the licence areas by March 2020
Feb 10th
$5.5 Million Loan Agreement, FURA GEMS
TORONTO, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. a gemstone mining and marketing company with emerald, ruby and sapphire assets in Colombia, Mozambique and Australia, respectively, is pleased to announce the execution of a loan agreement (the “Agreement”) with a private company (the “Lender”), pursuant to which the Lender has agreed to lend and the Company has agreed to borrow US$5.5 million (the “Principal Amount”). The loan will bear interest at a rate of ten percent per annum and has a maturity date of July 31, 2020, unless the parties mutually agree to an extension. The Principal Amount of the loan as well as accrued interest will be payable on the maturity date.
The proceeds of the loan are expected to be used for
(i) the acquisition by Fura of 100% interests in each of ruby mining concession 8955C and ruby exploration licence 7414L and a 20% free carried and non-dilutive interest in ruby mining concession 8921C, each in the Montepuez district of Mozambique,
(ii) the advancement of its Coscuez emerald project in Colombia and its ruby projects in Mozambique, and
(iii) general corporate purposes.