RGM11 Jan 2018 14:45
Director Andrew Bell has more than doubled his holdings, investing �100,000. You don't invest this much unless you know something is coming.
and warrants at 1p can be subscribed if condition: share price reached 3.5p for 10 consecutive days.
From the �1m+ they raise they will clear their YA loan of �630,000. They will become debt free, they have not been in this position since 2011. Now tell yourself who invests money in a company to clear debts and instead subscribes for shares, unless you know the shares will be worth a lot more.
unnamed individual to be appointed, I wonder if this individual is part of a company that has subscribed for these shares.
They are accelerating there operations at Mambare
"In this positioning the Company benefits from its longstanding interest in the 50% owned Mambare Nickel-Cobalt project, where with part of the plateau flank and just 3% of the mineralised plateau tested we have already achieved through our exploration efforts a maiden JORC-compliant Resource, announced on 13 June 2012, of 1.53million tonnes of in-situ Nickel and 146,000 tonnes of in-situ Cobalt. Given the current metal prices of nickel (US$12,600/t) and cobalt (US$75,300), the magnitude and potential of Mambare is readily apparent."