Just PIs 90% in very sticky hands.
Not long to results Trevor confirmed he was bullish as he had seen the figures
News in abundance now due.
Dont forget the 5 million Euro payment to Reac upon Newry funding
EGM Its all in here. Going to be a very big 2017 for this company. http://www.lse.co.uk/regulatory-news-article.asp?ArticleCode=qh3w45ef&ArticleHeadline=Significant_Investment_by_EBIOSS__Notice_of_EGM
"Fully owned subsidiary of China Energy"
This similar to what MBO are doing? https://www.transfer-to.com/airtime
Once resolutions passed expect newsflow regarding developments and with that upside in SP
You will hold the same number of shares but there will be more shares in issue once Ebioss are given their shares. Ebioss are extremely unlikely to sell their shares for many reasons. I am certainly not worried. This has huge potential and you are in a very good share with huge upside. Dont forget to vote. Call up and say yes to the proposed resolutions.
Whats Newry?
Great post GM
The funding with be a combination of equity and debt of 11.2 million. Once this is finalised Reac will receive a 5 million Euro payment into its bank account.
If Ebioss have bought the Enfield site then you can expect fireworks.
Enfield site. They are in negotiations with the new owner. Is the new owner Ebioss??? Newry Funding - we are waiting for the outcome regarding the discussions with several parties re heads of agreement. Read this RNS. http://www.lse.co.uk/regulatory-news-article.asp?ArticleCode=54u85fbi&ArticleHeadline=Final_Results_and_Notice_of_AGM
Im hoping Ebioss have bought the Enfield site.
No worries The main drivers are 1. Ebioss are taking 51% of the company. 2. They have bought 10p warrants at a price of 100k. 3. Ebioss are partnered up with China company who have 330million of UK projects in the pipeline 4. Reac will receive 5 million euro payment upon funding of Newry. 5. Clayton Cross, Enfield news due. Take a look at Ebioss website. This is a game changer for the company. Why anyone would sell now is beyond me.
I can assist. What do you need clarification on?