levi like you, I simply want the relisting asap but I do console myself with one thought while waiting. PERE will have a working mine and an offset agreement. When you compare this to other miners who have bigger market caps but only based on exploration potential, surely our Market Cap must be seversl times more than £2.85m that has been showing on Level 2 dating to when it delisted?
I have to say whatever our doubts abut DL he did a lot better than I ever dared hope by acquiring Minto. Many thanks for all your posts and best of good fortune to all here. I hope it was worth the wait.
(Alliance News) - Pembridge Resources PLC on Thursday said it has appointed the former deputy minister of Energy for Bulgaria as its new chief executive and chair.
Gati Al-Jebouri, who has been both deputy energy minister and First Deputy Minister of Finance in Bulgaria, assumes the role with immediate effect. He has been a non-executive director at Pembridge since September 2017 and joins the firm from LUKOIL, where he was managing director of Middle East Upstream operations.
In addition, with immediate effect, David Linsley has resigned as CEO and Francis McAllister has ceased to be non-executive chair. Linsley has also resigned his directorship, while McAllister is still a non-executive director at the firm.
Al-Jebouri said: "I believe in the potential of Pembridge and look forward to working with our partners Copper Holdings, Cedro Holdings and the Selkirk First Nations, as well as the team at the Minto mine and my board to make a success of the Minto operations and grow this company into a significant investor within the mining sector.
"I would like to extend my thanks to existing investors for their patience and continuing support. My key priorities now are to have the Minto mine operational as quickly as possible, and complete Pembridge's relisting on the London Stock Exchange."
As you say and it amounts to selfish self interest before what's best for the country. Do they not realise the damage they are doing to businesses who cannot plan, especialy those in import export but ultimately that affects us all, I've been noticing how much we rely on imports for fresh food!
So right! Politicians from both sides are keen to tell us what we did or didn't vote for but I can tell them one thing, we did not vote for 3 years of chaos and mismanagement. It seems to me that right now the UK doesn't have effective government.
Could they be waiting until they can issue an RNS stating that we are relisting as an operating mining company? Like everyone I am impatient after waiting a year, although far more positive than I ever thought possible. I cannot imagine we will remain for long with a share price of 12.5p (after consoliditaion).
************* ignores one vital point19 Aug 2019 08:56
The analysis ignores the potential of a social media business, which has been the whole point of the entire activity so far, refinancing, renaming and relaunching WDC as Iconic. He simply brushes that aside and assumes the worst motives..
I like Tow Win and don't personally believe ShPr will be behind any negative posting. They have written an honest appraisal and clearly distrust DS. BUT if this new company is honestly being set up to create a genuine media business, then Gary's analysis will be proved wrong. If it is as succesful as we hope the costlyl financing will not matter, it is simply the price of setting up Iconic.
OilNovice your analysis makes total sense but I'm hoping the market has reacted already and 0.11 is as low as it will go. It seems the seller waits until there is sufficient buying so that the market will support around that figure, before they dump the next tranche.
Thanks skittish. A believable analysis that adds weight to the idea we are going through a setting up process. Once that becomes clear it wll be a very different picture. I am still waiting a bit longer before buying more!
Adrianuk I totally agree about the team It is the rather muddy background where I'd like clarification. It may simply be as so many others have said, this was the quickest simplest way to a full quote. Once we have clarity on that and the relentless share selling stops, I suspect the shares will fly, even before there is much evidence of the new business being developed.
It is relentless and "they" are watching until enough buys go through to sell at best price fot them, given the numbers they sell. There is positive interest from buyers, especially early on, or we'd be struggling like yesterday. I am tempted to top up but will wait until Monday to see what happens. I think a multi bagger is more likely than a wipeout but it is stil a gamble... with so much we don't know!