Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
OK thanks. I sold out of all my BHP before the 'delisting' last year in the belief that I wouldnt be able to sell them on the LSE; dont know if that was more stupidity on my part or poor communication from BHP as to what the delisting meant.
I thought BHP were due to delist from the LSE in January 2022 but they still appear to be listed; is that so? Was the delisting dropped?
I was told by iWeb that I could have a DRS statement (like an electronic share certificate) but that it would cost £25 and then I'd have to find someone else to deal it.
My pension says they can't hold the shares and if not sold by 21st October then they will be 'certificated'.
I said at the time that HOC spun these off and that they would only be TSX traded that it was a bad move for UK investors; I have unfortunately been proved correct. There is no good option here. On a couple of platforms I cannot sell at all and on another I have to do it by 21st October when the share price is beaten down; or I can get a DRS (and I have no idea what I can do with that) or maybe a certifictae with another platform; none of which are easy to deal with.
Same from another broker:
ACLARA RESOURCES INC - Important Information
Cancellation of Depositary Interests.
On 1st September 2022, Computershare Investor Services who act as a depositary for Aclara Resources Inc announced they will no longer be acting as depositary from 28th October 2022.
The company shares are listed on the Toronto Stock Exchange and as such we are unable to facilitate trading on this platform.
Should you wish to withdraw your shares onto a certificate, please contact our call centre so that we can arrange for this to be done. If you wish to transfer your shares you will need to establish an arrangement with an alternative broker who will then arrange the transfer. Please note in both cases, normal charges will apply.
Any requests to withdrawal must be processed and completed by 25th October 2022.
Yes they are but my broker is saying that there will no longer be a Crest facility available for these shares and so they cannot be held in my account (an ISA). Maybe if your broker can do deals on TSX then it isn't a problem.
Just heard from my broker that the depository facility will be closed this month and I have to sell or take a certificate. I guess the certificate will be untradeable so will have to sell up at a loss here? Any views from Aclara holders?
That's because there has been no effect on their business as the rns says.
But a POLY share is a POLY share no matter whether you buy it in London, New York, Moscow or a man down the pub. Such a huge price discrepancy is strange to say the least.
Your reply is exactly why there should not be this discrepancy, not a justification for it.
Seems like you could buy in London and sell the shares in Moscow for a 300% gain. Something not right here. Any arbitrage between markets should be negligible.
the replies so far do not answer the question.
Why does the POLY price on the Moscow exchange of 855 RUB or about 786p, bear no relation to the price in London of 254p? They are the same share aren't they?
£200K vs £12M market cap is indeed underwhelming but at least it indicates a willingness and shift to rewarding shareholders. Hopefully more to come in the future.
2022 should be better still with expected higher gold prices. They have a very low AISC.
You've got two hopes, and one of thems Bob