Member Info for Anders_uk

I’d prefer stay suspended for the MT asset sale. I think Bod will try and wrap this up before 12th August when our initial 6 months suspension runs out. I think they’ve had time to negotiate and probably just need the flanks licence to close the deal.

Great news Pompey, have a great weekend.

All the best Pompey.

gggg21, no probs. I’m relaxed to, some nice updates coming in June. Manufacturing increase, new products etc

gggg21, I was pointing out that we won’t have to wait that long for a trading update. I pointed out that was last years update.

Try2, we can expect half year trading update circa 31st July if they follow last years schedule.

Last years update here

https://www.lse.co.uk/rns/NCYT/novacyt-sa-half-year-trading-update-k4ppv79g7ftrj13.html

"lol, sounds like you should be working for one of those companies
that put out rampy ‘reports’ for a fee from an AIM co. you’d fit in.

bye for now folks."

It's quite possible a deal will be completed before we resume trading. The tables have turned and the derampers and shorting crew know the odds are more in our favor now we've secured a Nomad and not had to resume trading immediately.

Our new Nomad and lawyer will have performed adequate DD and are both happy to work for us, this speaks volumes on it's own.

The news flow will be mostly positive in the coming weeks and months, save for last years accounts which we already know will be carp. The Tipil and MT flanks licences are due any time and an update from WK to confirm operations are underway.

There's nothing the doom mongers can do but try and guess how much we gap up when we do eventually resume trading.

Spikey

"hi anders, sure, but the CITIC group only own 46% of CITIC
international assets management, though CITIC international
financial holders —> hence, 46% of 51%, which is just over 23%."

The percentages don't matter. It's like saying a mortgage broker is a waste of time because they haven't got the funds for the mortgage. CITIC have an interest in CITIC Merchant, if the Merchant division generate a lead for $2B worth of finance are you saying the parent companies are going to turn that business away?

Spikey,

CITIC Merchant is 51% owned by CITIC International Assets Management, which is a Private Equity Investment and Asset Management Company.

http://www.citiciam.com/index.php/article/management_read/catid/280/id/319.html

Spikey, you're clutching at straws. They're a subsidiary who offer M&A advisory. Their parent company is a bank with lots of money, it doesn't take a genius to see how it all links together.

LL, I think it's best we both email HL and ask what the exact process is, we seem to have been told different things over the phone. From my perspective, I need to know the shares can be moved off your account and a new share certificate issued in my name or I might have a worthless sheet of paper.

LL, the lady I spoke with said as the shares are suspended they can't be moved between accounts and she said they can't take any money as they're not regulated to do so on a transaction like this. I haven't got a broker, I think the only avenue left is to try and find one who will process the transaction for a fee and re-issue the shares in to my name.

I live close to Reading. I'll drop you an email today

"Anders_uk, I've just seen your post because I have been away from the BB for a while. The lady I spoke with at HL said that my EUA shares could be simply transferred from my HL share dealing account to your HL share dealing account, and do not need to be held with a paper cert. I think it will take three or more days to transfer the shares from my ISA into my share dealing account. I need to be completely sure you want to go ahead with the deal before arranging that. Do you hold shares in a HL share dealing account?

I think we could complete by meeting somewhere after the shares have been moved out of my ISA. I live in Lancashire near Blackpool and may be able to travel to you. Do you live a long way from Blackpool?"

Spikey,

CITIC merchant seem a good fit? Of course they will have access to capital from CITIC bank, that's why CITIC have a stake in them.

https://www.bloomberg.com/profile/company/CITICM:CH

"CITIC Merchant Corporation Limited operates as a merchant banking firm. The Company provides mergers and acquisitions advisory, corporate finance, asset management, principal investment, and fund management services."

TBTT, wonder if SP Angel will publish a broker note?

Care to show the calculations on your figures, otherwise I think you’ll be laughed off the board?

That’s my preference, takes away guessing best exit point.

Ian, can you put me down for this Friday 29th, our accounts are due soon.

LL, sorry for the delay coming back, I'm still working and it took a couple of attempts to get through to HL.

The lady I spoke to said they're not brokers and aren't regulated to sell shares directly between two parties (the broker does this). She talked about your share certificate being gifted to me, but this is going to involve a broker / 3rd party as it needs to be legally binding and my payment would need to go through that 3rd party to protect my interests.

Anyone got any ideas, I can try calling our broker and see what they say?

Bear in mind they announced in the 9th April RNS 'The Company continues to work on strengthening its board and advisors while completing an update of its corporate governance procedures, reflecting the progress made in growing the business.'

So our new board member may have been working for us for a couple of months already.

Ethio, or he looked thought we might opt for the Nomad with most mining clients? Not rocket science is it?

LL, thanks. I'll speak with them today. I find it strange they can't act as some sort of broker between us given they hold the shares on their Nominees account and we both deal with HL.