Member Info for Brycen

Schadenfreude

Positive news at last and they do seem to be launching it as widely as possible. It is probably too soon for meaningful figures but they do seem to be trying to build sales quickly! At least it is positive action.

Ah, thanks IK, that does explain the relentless posting! It must take a lot of watching this BB.

Many thanks for all the replies. What's impressive is despite very different opinions, the exchanges remain pretty courteous.

I once made 18x my investment on GKP and sold immediately but thought of reinvesting after the share price fell. Many people went in heavily but too late and lost a lot of money. The BB was full of anger, so toxic, so rude and so vile it became unusable.

We do not have that here, it is a really helpful board and I am grateful to read it.

I have only just bought shares here. roasnnan's posts sound plausible EXCEPT that they contradict pretty well everything everyone else says and they are remorselessly negative and critical.

Is there any merit in what he says? Or should his opinion be disregarded as honestly held but massively biased and simply wrong? I am used to trolls but they don't usually sound so well informed. Views welcome.

Thanks for news or PR appointment.The C-E mark was only granted at the end of October, so appointing a PR firm shortly after suggests Concepta is now concentrating on selling. A new product which may be niche but meeting an important need. Who knows where this share price could go?

ASX-listed copper exploration and development company MOD Resources has had its prospectus, dated 19 November 2018, approved and published by the UK Listing Authority.

The prospectus relates to admission of the company's ordinary shares the London Stock Exchange's Main Market. Subject to final approval by the UK Listing Authority, the company expects that admission will become effective and that unconditional dealings in the ordinary shares on the LSE will commence on or around Monday, 26 November 2018 under the ticker MOD.

Hi A-T, I tried selling all of mine. To get out at 12.5 and move on to other things seemed too good to be true! It was!

I agree with the criticisms of the BoD's failure to complete the deal with Capstone. It may all come to nothing but one thought gives me hope. David Linsley and the BoD have a lot riding on this.

It's not just money, it's credibility. They set out on a very ambitious path. They went for a main listing, proclaiming their intention to build Penbridge by further acquisitions. If this fails it puts that whole future expansion programme at risk. So, they are going to make a huge effort to ensure this first deal succeeds.

It showed at 12.5p on my account for 2 days, I assume it was a typo . in the wrong place. It felt good for a moment though! I even tried selling them but the transaction failed. Well it was worth a go!

Lotto I feel exactly the same. Care and Maintenance is an issue though but the scale of this project v. the tiny size of PERE still suggests that if negotiations are a success, the company will still be transformed. Just not quite as much!

You never really knwo the truth behind apparently conflicting statements. PERE give the impression negotiations are ongoing and the present position is to have time to review and proceed with a revised offer.

Capstone give the impression the deal is off but without precluding PERE for continuing to negotiate and make another offer. Bluff and bluster form a part of any difficult negotiation and statements cannot alwys be taken at face value. Look at Brexit negotiations! Some pretty extreme statement there.

Despite all that, in my mind I have written the money off but have not entirely given up hope.

I posted the extract confirmng Capstone had terminated negotiations, to set the record straight. The RNS hinted at something rather less than that.

EvilPlum, what you say makes total sense. While Capstone probably do want to mitigate outgoings, their action and talk of other buyers, may also be to put pressure on Pembridge and their potential financiers.

It suggests Capstone preferably want to sell. We may still see a deal done, but it's highly speculative. If the shares were not suspended, I guess there'd be a a lot of sellers.

Capstone Mining Corp. [CS-TSX said Thursday it is terminating a deal to sell its Minto Mine in the Canadian Yukon to Pembridge Resources Plc. [PERE-LON]. Capstone also said it is immediately putting the mine on care and maintenance while it waits for copper and equity markets to improve.
http://resourceworld.com/index.php/capstone-ends-pembridge-deal-shutters-yukon-mine/

...should be foreseen but all too often they are not.

I watched the programme about Ikea opeing their new store. It was months overdue and they mostly had control of the variables.

As to PERE showing a loss, that is really accounting language. I'd view acquisition costs as an investment and head office as a normal running cost.

I feel very optimistic and will give the BoD the benefit of the doubt until we know the outcome.

Just Google betaville, that's how I found it. Thanks levi

I've never come across Betaville but if the news is reliable, it is very positive.

The suspension is frustrating though, lets hope the final outcome makes the wait worth while.

I agree, they got it wrong. There could be any number of unforeseen reasons, from complex accounts to unravel to union neotiations being unexpedtedly difficult.

I am choosing to assume the delay is a positive sign and it's for reasons like that, not because the negotiaions are stalling. But we are all guessing. I look at the RNSs first thing every day! I am as keen as you for news.

I totally agree lottohopes. I'm optimistic.

Maybe the long delay is due to the sheer size and complexity of the project, rather than a failure to pull it off.

Issuing RNSs in the middle of a complex transaction, just isn't practical.

Or it is very possible our BoD are bound by a confidentiality agreement(s).

Is that conjecture because of the delay or do you have any actual confirmation? Surely there would have to be an RNS if it's fallen thorugh?

...of progress in the background for Pembridge?

Thor Mining PLC (LON:THR) (ASX:THR) has noted the announcement of 7 September 2018 by Hawkstone Mining Limited (ASX: HWK) that the restructured, conditional agreement for the acquisition of 100% of the shares of USA Lithium has been completed. Thor said it expects to be issued 7,812,500 shares in Hawkstone representing its portion of the initial consideration shares. It added that under its original acquisition agreement to acquire the interest in USA Lithium from Pembridge Resources PLC (LON: PERE), Thor is required to return 5% of disposal proceeds to Pembridge.

All I am suggeting is the various platforms were premature in showing the consolidation. The consolidated shares won't be readmitted to the main market until the Capstone deal completes.

Beyond that everything we say is speculation, all we can be reasonalbe sure of is the transaction has not fallen through. There's be an RNS with such a significant event.

I am not writing this off aothough the delay is frustrating.