Member Info for Brycen

It may explain the delay in relisting. I don't know what to make of it all yet, I have only skim read and had to post immediately but it is at leaset it is progress.
http://www.morningstar.co.uk/uk/news/AN_1568917192104371700/pembridge-resources-promotes-gati-al-jebouri-to-chair-and-ceo.aspx

(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!

No ne buys one share, is it some form of MM messaging?

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.

It looks like that and it affects other shares not much activity. Maybe it is the shock and uncertiantly from yesterday in parliament, wondering where the UK goes next?

It's not just iconic, are people in a state of shock and uncertainty after yesterday? It's hard to see how Brexit directly affect Iconic though.

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).

Toatally agree, I just looked a the list of major shareholders which are not typical and therefore encouraging for such a small company.

Fair enough. He is Marmite but you and I probably agree on one thing, their analysis is wrong and Iconic is a genuine relaunch of a media business and not a means of parting PIs from their cash!

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.

Thanks for the Twitter link, it's worth reading Goldman Sachs comment on the copper market. It looks good for us long term.

They sell because that's their business model, for them it's a profitable strategy.

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!

Still above yesterday at 0.12 How many can they have left?

BUT they sold for 0.13 and solid buys followed, so it is still uo 16.67% - I view that as positive!

https://www.nasdaq.com/press-release/granite-creek-copper-closes-c500000-flowthrough-private-placement-financing-20190808-01212
Just over half way down there is a heading "About Granite Creek Copper" which mentions the Pembridge high grade Minto copper-gold mine. Doesn't help with knowing when we will be listed again but the mine seems well regarded locally!

Buying at .149 now some sell at .1489, big difference from close yesterday! Wii more selling bring it down or is that over?