Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
yep another 1 Million share buy. The SP has to rise soon
I’m still here, I’ve been in EUA since 1.2p... waiting for the offer before I sell a single share
Agree - I said yesterday the only people that should be selling are the ones that need to, they need the money or they want out of the game as these are big figures for the Long term holders. The reality is this play has not finished yet, its half way through. Flanks approval and asset/company sell will more than double the current share price at a minimum...there is plenty to come. Strap in and hold those share tightly...
Huge buying action today, I’m following that huge money and not selling a single share until a deal is done. You only sold today if you needed to, no one in their right mind would have sold because they think it’s reached the peak. This has many more multiples to go
No one is getting my shares until they are 50p!!
Rld are expecting completion in the short term. I think this is defo a done deal just paperwork delay. So who is this exploration company? They have 4 ongoing exploratory projects on the go in a gold rich area. I presume the aim is to find a load of gold and sell it to a miner such as Ocean. Here hoping one or all of these projects have already found the mother load and are well into their tenure of searching. Who are they though???
Hi A Mil. By all accounts AiM should suspend us tomorrow based on 6 calendar months from completion. I agree, wouldn’t it be awesome if it was end of the week! Will have to wait and see what 07hoo or 08h00 bring. Either way this will end well! Well done everyone still holding
So worst case another 6 months to wait, and our money tied in.
Best case RNS asap to say RTO complete and await the new company listing
OK - so no RNS yet, it might come later today or 7am tomorrow. Unless we here something by then, we are suspended and in the position below:
In the event that the Company does not complete a reverse takeover under AIM Rule 14 within such six month period or seek re-admission to trading on AIM as an investing company pursuant to AIM Rule 8 (either being, a "Re-admission Transaction"), the Company's common shares would be suspended from trading pursuant to AIM Rule 40. Thereafter, if a Re-admission Transaction has not been completed within a further six month period, admission to trading on AIM of the Company's common shares would be cancelled.
Gloster not holster
Holster you are right, I’m wrong. Completion was 31 December. Today is the last day. Apologies everyone!!
Re reading the RNS we have 6 months from the completion date of the sale of Capricorn, the sale completed on 2nd January, which means we have until COB Thursday. 2 more action packed days to come then, although the RTO RNS could drop any time
2 January 2020
Richland Resources Ltd
("Richland" or the "Company")
Completion of Disposal of the Capricorn Sapphire Project
AIM Rule 15 Cash Shell Status
Pursuant to the successful completion of the Disposal, the Company has become an AIM Rule 15 cash shell and, as such, is required to make an acquisition, or acquisitions, which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission under the AIM Rules for Companies) within six months from the Completion Date.
About to go blue
Don’t worry about me, I’m still here. Check my posts, I’ve always said I don’t care what the share price is, I’m holding until the RTO is complete.. that’s where the money will be, many many multiples of the current price. I’m strong, long and holding very very tightly
Fireworks today I hope! Good luck all, let’s see what today brings... follow the money and Mr Greenwood has shown us where the money is!
RLD has had 6 months to find a suitable RTO candidate - that 6 months expires tomorrow
I think the mad rush is going to start!
10 months in the waiting! I’m fully fully loaded and can not wait.. follow the money, and I’m following Mr Greenwood
3 trading days left!
Grappa you do what you need to do, its your money and your choice, best of luck to you.
Whats interesting is the MM's have dropped the price back down to almost yesterdays opening price, Since this time we have had 10m shares bought and only 4m sold. So something is going on, they are purposely suppressing the price. Maybe a large buy order to fill, maybe a sell order? I dont know.... but in my opinion, this will get serious attention in the last 2 days and will take off. Al in my opinion though.