focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I suspect people think there are more active stocks. Someone tempted this morning I see.
Thanks for the update. I think they should forget about the coal deal. There's a surplus in the world and they need to export the coal to make the deal it viable; the power station won't be enough imo. Apart from which they can't get a deal with the government to buy the energy. Sloane seem to be persisting though. Maybe Chris Akers has an idea for something new.
With a low placing price for the RTO then a guess would put supply@me between £3m and £5m. That would mean between 500m and 800m shares placed. At £5m that would give TAG 80% of a main listed company which seems high. Maybe another 100m to 200m for cash will provide liquidity.
Shares can be issued at any price.
Ok. RTO at current price which is a bit disappointing, but lets see what happens.
So they have a 24% holding in MCM which was set up on Tuesday by one of the ICON directors who is keeping the other 76% I guess for himself! Wow! So if ICON help make TAB a success Thompson makes a mint and ICON not so much. Why didn't ICON just by TAB directly - the whole 100%?
We know the story!
I wonder if this deal was a problem. Looks like a new sheikh at the helm.
http://me-confidential.com/21678-uae-to-invest-two-billion-dollars-in-angola.html
the Ameri group website is down now as well.
bye bye
ADM Energy plc, an oil and gas investing company quoted on AIM, announces that it has been notified that His Highness Sheikh Ahmed Bin Dalmook Al Maktoum has resigned from his non-Board role as President of ADM Energy with immediate effect.
As part of the process of stepping down from the position, the Company has today been informed that His Highness has, or shortly will have, disposed of all of his shareholding in the Company, comprising 13,350,000 ordinary shares, through the market.
Osamede Okhomina, Chief Executive Officer, commented, "His Highness' departure has no material impact to the implementation of our business plan. We are grateful for his financial support which has helped the Company get to this exciting juncture. We have recently raised further investment funds which will assist us in exploring a number of opportunities. Production at our Aje investment remains stable such that we expect to be advised of a further lifting of oil shortly and performance remains in-line with our expectations. I look forward to updating the market in due course."
Groover - he bought in at 4p.
Let's wait for the rns. Maybe he's transferring shares to another company or something. The MMs wouldn't have bough that many shares surely?
Oh no I did get it right. I'm logging out!
Sorry got that wrong. Too excited - not all his shares in those two transactions!
As I said the Sheikh had 13,350,000 - that's 450k + 10.9m. No one else has more than 3m. There's bound to be an rns shortly or tomorrow - this is insane!
Christ indeed. WTF etc. Maybe he's ill or dead?
12.9m + 450k from yesterday and the Sheikh is out! What game is this?
12.9m ?? Who has that many?
His linkedin page is still there but nothing new there for months. They have a link to his website but that doesn't work.
https://www.linkedin.com/company/the-private-office-of-h-h-sheikh-ahmed-dalmook-al-maktoum/
I can't find any news about the Sheikh since June and his website is down. Anyone know what he's up to?
If it is an Italian company then I suspect we won't hear anything until well into September, since we're in the peak of Italian business holidays.
If the company was dead they wouldn't bother with accounts. You can just go for strike off voluntarily or let companies house do it for you.
I assumed Sloane was dead built seems they're still trying. And the president is helping out!
https://www.las2orillas.co/la-mano-que-le-dio-duque-a-los-ingleses-de-la-mina-la-luna/