Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This is interesting... i think its definitely viable they are an option
Talking Over Blinding DEAL!
Yes Tvick...the countdown is on, every day we are 1 day closer to suspension, RTO and golden tickets. 0.30 is holding well and will maintain & rise as we get closer to 'D 'day. Great news in this weird climate we are currently in
Just incase any new investors are unsure, below is a good description of what a reverse takeover is all about (We are 'A')
The terms used to discuss cash shells are often confusing.
In a reverse takeover, quoted cash shell (A) acquires private
company (B). Since (B) will nearly always be larger than (A),
it will end up with the majority of shares in, and thus control
of the merged entity (AB). In this process, (A) is said to
have conducted a reverse takeover, and (B) is said to have
reversed into (A).
The motivation for (B) is that the company gains admission to
a stock market and also access to the cash inside the cash
shell (A) to grow its business. Shareholders in (A) exchange
their shares in the dormant company for a stake in the new
company (AB) which is likely to be more valuable than (A)
and which has the prospect of capital growth when the
business (AB) is successful.
These transactions are potentially achievable for privately
owned companies looking to gain a stock market listing and
access to growth capital. There is no restriction as to the
size and business sector of either (A) or (B), however (B) will
obviously require a business case that is appealing to the
shareholders of (A) and which provides the potential of the
combined company (AB) succeeding in the future
Insider info on a suspended share? Not really applicable is it?
Thanks Stix - was about to launch my phone into the abyss
A Mil... Perfect post, nothing but perfect.
I think you will find its TERN doing the tracing APP
Thanks for answering your own question:
'How is it worth almost 700% of AIM shell value + cash?
This major shareholder is the sole reason '
That is exactly the reason, along with the RTO
You are the guy from November December telling everyone how you lost a fortune on this share and dont own any shares anymore...is that still the case?
This share is dead to me now...i was right a communication was coming, but that was a poor show from the BOD - providing such poor detail
100% agree - the share price can drop to 0.01 as far as im concerned, im not selling a bean. The end game and golden payout is when the RTO completes. Thats when your x number of million shares are then worth 1p or 2p or 3p or 4p or 5p, etc etc. It is literally, sit back, relax...be patient, and wait....the end result will be well worth it!
Thanks for the reply Numbers.. sounds like proper lockdown!
Shake as much as you like MM's - im holding my shares until they are converted into much bigger shares after the RTO. Thanks anyway
Someone is very confident buying £10k worth of shares that instantly become worth £6k, due to this spread. Leaky Leaky maybe?
2 million buy now, looks like some big money is starting to come in..... news must be soon
Up 30 % so far today...we will be top of the leader board soon lol
1 Million buy just came in...the half a million trade from yesterday was also a buy...things starting to pick up? In the grand scheme its very little movement, but its still breathing!
Hi all - the last RNS cited SA PGM mining stopping for 3-4 weeks , thus having an impact on an outcome for strategic options.- are they back mining now? I cant seem to find anything on the net?
Their December update was so vague, no figures... Have they released Q4 figures yet? Q1 for 2020 should be released soon too, no?
0.40 must go today...we are very very close