George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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 It was superseded on the 3rd June 2020 with this. 1.85 price not 4.65.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.
Tread carefully here Johnny, I was excited too about 3 years ago. Lots of messing going on. It's a huge risk. The company is currently kept alive by RiverFort, massive dilution, and debt. They could of course strike gold, but consider this pony a 60 to 1 grand national punt.
Is Aptamer Group a listed company?
Thanks R40. I guess I just expected to hear something like ....we've tested 1000 people and 20 tested positive, then we got those 1000 tested in they normal way to see how accurate the BT tests are. I understand the massive challenge testing this product but kind of expected some interim results by now, and notice that it is not tweeted about as often anymore.
The breath test hasn't been mentioned for a long time now, the focus is switching to the skin and mwg products. Must be a good reason for this, perhaps testing isn't as successful as people hoped.
Soley, the company is in a great position and should do really well in 2021. However, in the interests of truth, there is debt to the tune of about 10mill or so.
Yes, and we'd also be saving the 2.5 mill per annum from next August !
Where is the MDT concession located?
one day darientaylor, one day soon. :-)
Yes, really annoying!
just hope we are not now waiting on the 1.1p crew to depart
I think 10% by end of day!
If you look at the trades of the 91million you'll notice it was split the following day into smaller chunks. My guess is that there were multiple investors or agencies involved all taking a slice under 1% which means a notification of holding was not required.
Yes, 2p very soon I reckon.
one day darientaylor, one day soon
Don't even ask Tatty, do it now, you are already late.
If you have MWG shares and haven't accepted then contact your broker and do it ASAP.
Pointless buying MWG share now. Buy DVRG if you want to invest here.
yes, guess it could be just be a broker to broker(s) deal
Why would anyone want to buy MWG just now, that's bonkers.