Member Info for Brycen

My trading ac still shows the consolidated total.

There is no RNS announcing the delay.

The previous RNS said "take effect immediately prior to re-admission of the New Ordinary Shares to listing on the standard segment of the Official List and to trading on the main market."

Maybe it is the transaction that is delayed with a knock on effect to admission to the main market and so to the consolidation.

We already know it's taking far longer than they predicted but it may not follow the deal has failed. Surely it it was they would havr to issue an RNS?

But it was a biggie. They attempted to put a time on when the transaction would be completed.

The lack of information is frustrating but having sold a business, the sort of issues that delays things are boring but essential details. I was told by my solicitor at the outset, due diligence will take longer than your worst expectations.

I so agree with lotto. Without solid information, everything posted here is most likely pure conjecture.

My biggest concern is the fall in the copper price. But will that affect us?

You'te welcome. It does look promising!.

https://born2invest.com/articles/capstone-optimistic-favorable-findings/

Sorry typo it is still PML

I don't think it's Rock, it's a different company I just ried in level 2 and it is still PERE

I see Kefi have secured funding of $30 to build a mine (gold) market cap �9m at open today and some 40% rise.

Seems like a very positive statement of intent to me and a vote of confidence in the business plan by the Japanese. I have a reasonable holding but wish now I'd bought more of these!

�22,700 buy - someone has confidence.

http://www.whitehorsestar.com/News/minto-mine-s-labour-force-is-continuing-to-become-smaller Quote at end of article about staff reductions "Burnett also confirmed that the transfer of the project from Capstone to Pembridge, forecast to be finalized by June, is on track so far."

Hi Kiwi. I didn't go into details, it seemed irrelevant but the broker who allowed me to do T20s was Beaufort. They have been closed down but as I never want to risk T20s again, I don't know if HL allow them. majortennis, it's the opposite to shorting. If they go up you make money if they go down you lose money, although you can buy and hold to avoid that, assumning they do eventually go up, so less risky than shorting.

It is the right board. I am responding to slurm at 13.44

My broker wil sell me shares in any company worth up to 25% of portfolio valuation, on a T20. At the end of the first 20 days you can "roll the shares over" into a second T20 by selling and buying back instantly at a tiny spread which pays the MM. The broker makes no charge at this stage. At the end of 40 days you must buy or sell. You could make a big profit without ever laying out any cash. BUT if you don't have the cash to buy and the shares have gone down, you end up selling at a painful loss. I found that was the most frequent outcome and stopped doing them.

okenia, the way you share the information you gather is very generous and your findings are encouraging for all of us waiting for news. Many thanks.

Fair point, to inspire confidence to continue holding, we should all (all PIs) be back to square one or better once it's relisted.

It will all depend on how they fund the acquisition. It could range from loans at compeititive rates to death spiral finance and the BoD could issue of more shares at a rate we can only guess at. It is all s specualative we can only wait. My hope is whatever the format it will increase the share price. If it doubles, we original CA PIs are back in square one! At that point we can decide whther to sell or hold. Views posted at that point would be very useful.

levi, my post on pere will probably be deleted, off topic, so here it is with my thanks. Thanks for the advice. I did very well on Cove. I have been following this after Del786's post and your positive post in December. But no free cash so I decided to keep watching and if one of my existing surges, sell some or all and if UPL is still around 2p �9m market cap, to buy. Dec was a better time but I don't think it will be too late at �9m. Like you i'd trust the ex Cove CEO. Thanks again.

Thanks for the advice. I did very well on Cove. I have been following this after Del786's post and your positive post in December. But no free cash so I decided to keep watching and if one of my existing surges, sell some or all and if UPL is still around 2p �9m market cap, to buy. Dec was a better time but I don't think it will be too late. Like you i'd trust the ex Cove CEO. Thanks again.

levi, throwing in the towel, like you I would if the first deal destroys more value but I am very hopeful it will be the opposite. If that's right I will probably stay invested long term. There really are not that many good AIM companies. (I know this in main market but it's otherwise similar). I used to run 10+ investments on the basis the losers would be offset by the winners. Far from spreading risk it seemed to increase it. Now I have just 4 but I don't expect any to lose, more likely all to be in profit!

Agreed levi, they shouldn't heed to resort to death spiral borrowing, issuing discounted placements to be flipped as fast as possible, always disasterous for PIs. As okenia said debt must be manageable and not use up all available income. The quality of the management of this deal wll be a good indicator of the future.