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PalladiumProfits, in terms of the sale of a company, having aim listed status and a NOMAD is attractive whilst being in suspension, no NOMAD and the level of uncertainty is not. If a asset is being sold its not so much of an issue unless the asset cannot be sold whilst no NOMAD can oversee it from a regulatory perspective. The argument that the NOMAD resigning and the suspension is not a negative big deal doesn't wash with me. Communications have been poor these past months. Lets be honest, we still do not know really why we are suspended.
RNSman, you said this morning that "The BOD will be doing everything they can to get the best deal for us and lets not forget, themselves.". How will this work for us if a deal is made whilst suspended or even removed form AIM? Surly with the clock ticking, our suspension is not helpful from a negotiating point of view.
They never got a deep flowing and now no one gives a shiiiiit. For all the false hope over the past 12 years invested here I hope they lose more money than I have.
indeed. What do i know
No idea why you would not feel secure. All that has happened is a random person made a tweet, a day later the share suspended pending clarification on a relationship. 9 weeks later the relationship is kind of clarified, we stay suspended. The nomand resigns and no reason given. During this period the world has gone into complete chaos, time is ticking. But rest assured, there are many on this board who talk like pirates and offer their over confident views despite very little coms form the company and no one knows what the F..k is going on. But apparently thats because we are negotiating a mega deal with a company when others are cutting their investments at this time. Why i write it down it seems so much better.
it is not tailing off at the end. They were after close sales. It went up so quickly that these got left behind. A fantastic close.
I hope. Very good update. Increase in sales, improved supply chain and a more efficient (and thus profitable) manufacturing process. What more could you ask for. Well done BOD
I also think the timing is interesting. Just before a 4 day trading holiday. It's as if the bod want us to digest the info. I can't help think maybe we return to trading next week. After all, the relationship has now been clarified.
Where a nominated adviser ceases to act for an AIM company, it must inform AIM Regulation
as soon as possible (by email) and must include with that notification the reason why it has
ceased to act.
How do we find out this reason? And where had the deadline come from. I cannot see anywhere a notice period. The fact notice has been given is a good thing. If it was a serious issue that risked the nomad surly they would stop instantly?
I have re-read the RNS many times now and sadly I cannot see this as positive. They have now clarified its relationship with CITIC. Specifically, CITIC Merchant. They then go on to say that discussions on its projects have continued with potential buyers at and after the global mining conferences of Indaba and PDAC.
Therefore, I conclude that no deal has been signed with CITIC hence why discussions with other potential buyers continue, and the relationship or lack off, with CITIC has now been clarified. We also now know the NOMAD has resigned. So, what’s the plan? No NOMAD, no buyer. So are we relisting or what?
We can all pretend it is. Its been suspended for 8 weeks for an announcement. Talks appear no further on. Nomad resigned but the reason not given. This is going to be a long month
Is it just correction, news on Russia agreement? Doubt its casp fundermentals but hope I am wrong
looks like eurasiamining.co.uk domain was renewed for another 2 years on the 15th of March. Could be an auto renewal. Strangely the SSL certificate on the website seems to have been renewed for just 3 months. I dint think this was possible. With their website built in joomla and default mail settings via reg-123, I cannot help feel from an IT point of view this is all very amateurish and temporary. All in my opinion. No updates on twitter or website for sometime. And before anyone says they are in radio silence. They chose to send a tweet that they were at PDAC on the 4th of March and put this n twitter,
Dont have clive. We have oh so truthful "could see four deeps on test in a month" only to get zero
Since the suspension. the reason given was to clarify their relationship. Surly that statement referred to the relationship at that time. Why not update us as to what the relationship was. I am sure 2 months on that relationship has since changed. I can't help feel they are taking the pee now. I'm sure something could be released to keep investors informed a little. This is just disrespectful now.
It has halfed whilst I wrote that. Around 8% spread now, which is fairly normal for casp I think
What is with the spread?
Has there been an RNS release. LSE shows the last one on the 18th? Whats going on?
scarry times. I got in and out of bp and made a little profit. I worry here for casp. I have written this off a long time ago.
I sold out at a huge loss so cannot donate. But may buy back in around 5p. Then I would possibly donate some. Look forward to the onslaught of abuse heading my way.