George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
DeepVerge has secured a mezzanine loan facility of up to £25 million with Riverfort Global Opportunities PCC Limited and YA II PN, Ltd.
Where was that tweet about 3p, I can't see it. Would be a pretty large jump in 6 weeks
I don't think RGO still have KOD assets ???.... very few I would imagine as the original deal didn't go through and all loans were repaid.
Agreed, wouldn't be surprised if this ends "UP" on the day. Nothing holding it back now .... a raise at 30 shows lots of confidence.
Do you have a link to that?
Yes Glebe, but results were due at the end of December!
Think you are right, the timing of the options is telling.
There is also some potentially good stuff coming from KOD on the gold front, although not confirmed.
Yes, that was on 4th Jan. They must be almost done now and certainly had the opportunity to exit yesterday. Think this will start to move up next week.
When are we due an update RNS?
Seems to be plenty of buys with the odd big trade thrown in ....possibly sells as the SP is remaining static, but seems to be a healthy market.
What do you mean?
Agree, this company does look strong ... no debt, investments, warrants. Seems to be a good way to get involved in high-risk investments without being overexposed to any one company. They have also started to pay dividends. I got in for a few yesterday ..... DYOR as always.
All good, but still zilch on the BT though, think that's telling.
70% sounds fairy accurate, wonder how the microBT compares. Surprised we haven't had any indication of test results yet.
2 more after next week April and July.
Total $495000 in the next 3 tranches.
or maybe that was on top of the one you mentioned, not sure now :-)
Steven49, what you posted re trafigura placing never happened I believe. It was superseded on the 3rd June 2020 with this. 1.85 price not 4.65.
The international commodity trader Trafigura has agreed to substantially increase its stake in President pursuant to a subscription (the "Subscription") of US$6 million for 258,745,946 new ordinary shares in President at a price of 1.85 pence per share (the "Subscription Shares" and "Subscription Price" respectively). All subscription monies will be applied in fully repaying the remaining advances made by the Trafigura group to the Company and its subsidiaries (the "Group") referred to in President's announcement of 25 July 2019.
· IYA Global Limited ("IYA"), a company beneficially owned by Peter Levine, has stated that it intends, upon the passing of certain resolutions at a general meeting to be held on 22 June, to convert at least US$4.1 million of debt under the existing unsecured loan facility between IYA Global Limited and President ("IYA Loan Facility") into an amount of new ordinary shares in the Company (the "Conversion Shares") at a price of 1.85 pence per share (the "Conversion") that will enable Peter Levine (through his investment vehicles) to hold 29.95 percent of the Company's enlarged share capital. It is intended that the exact amount of debt to be converted will be determined following the closing of the retail offer described hereafter. It is also intended that the maturity date for the repayment of the relevant facility be extended until 31 December 2024.