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Strange goings on today mms not letting you buy anything not even 100k all morning.... finals in June 2015 advised the moz courts usually take 2 years to make a decision... well that 2 years is up now. Talks with the general for the first time in years it's in everyone's interest for pfp to get this license back now the general has not benefitted by taking it so maybe now he sees an opportunity to quietly do a golden handshake and put the issue to bed for all concerned here's hoping

Bullet train and the general is on it to government headquarters.... here's hoping the general is now back on side this will be the most straightforward way to get the asset back without a doubt

Great news that we are talking to the general id give him 40% of pfp shares if we got the license back be well worth it

I agree all very positive and volume starting to pick up as ppl research this and pick up some very cheap shares

Disappointing reaction to a positive rns happy to keep these locked away ready for the inevitable bounce or rocket on news

I agree this could be a huge turning point for this case if mondlane can get the general on side first time in 6 years he has come to the table, could be a very interesting few weeks ahead, any deal with the general will resolve this case and get the license back, expect some rumours over the next few weeks

Thanks for this point, your understanding of the full case and history is invaluable as a long term holder, so this is the first time they have been in discussions?

No negatives though, the sell off yesterday was due to thoughts the company would run out of cash as it was burning £1m a year, this has been reduced by 50% meaning only £500k cash burn a year which puts the company in a much stronger financial position to continue untill a successful resolution, 2 years ago we were told moz courts can take up to 2 years to pass a verdict. Well 2 years has now past can't be far away

No nasty surprises, far better financial position than anyone expected and at £1m mcap the prospect of getting back a $1.6 billion asset that is proven and ready to go looks very high, bod as determined as ever financially supporting the last placings by over a 3rd, precedent set in moz previously to find in pfp favour, case already won in uk courts, risk reward is fantastic here this company isn't going anywhere untill they get this back "The Board remains as determined as ever - as evidenced by the chief executive's own subscription for �100,000 worth of shares during the year under review - to bring about a successful resolution that recovers value for shareholders in the wake of these unpalatable events."

Loss reduced for 2016 by 50% which is great news with the CEO taking £100k worth or shares in the recent placings he must be very confident, and with dramatically reduced losses pfp can continue to operate untill the court hands down their decision which looking at the previous finals 2 years ago now looks imminent, losses reduced by 50% is great news though as funding was one of my main worries here, but with directors buying 30% of the placings it bodes very well to keep the company stable untill the decision arrives

This is from the finals 2 years ago " Pathfinder is advancing the legal proceedings in Mozambique as efficiently and as expeditiously as the judicial infrastructure allows. It is a slow process and judgments have been shown to take up to two years to be handed down." 2 years have now passed since this statement was made so imo the court is very close to making its judgement, the longer they take to make a decision imo the better chance of success

Thank you for sharing that research much appreciated and very informative, let's hope for some positive news when we get the full chairmans report and update in the next few days, I think the mms have flushed out the sellers today and acquired some cheap shares by the looks of the trades, perhaps they know more than us... usually the case

Sorry for the multiple posts but just wanted to share some snippets of what this share is all about, high risk huge rewards and very much hoping for a positive case update in the next 3 days when the finals are released, it will be very interesting to see what the directors have to say on the case status and progress over the last 12 months. This will easily get back to a £20m mcap imo if/when the moz court upholds the uk court decision, the sooner the better for all involved and for investors buying today a 20 bagger or bust seems a very good gamble to me, best of luck to all investors new and old

A company spokesman said: 'The board is optimistic that the Mozambique Supreme Court will recognise the English High Court judgment because there is precedent there for recognising a foreign judgment. 'There are many foreign companies interested in doing business in Mozambique, given the country's vast natural resources, so it is natural that foreign investors will want to have comfort that the jurisdiction of their country's courts will be recognised there,' the spokesman said. Bellingham is understood not to be leading negotiations with the Mozambique government. 'Sir Henry Bellingham is a non-executive director of Pathfinder and provides valuable strategic counsel to the board and an appropriate level of governance oversight,' the spokesman said.

Although much has happened in the industry since the expropriation in 2011 (some good, some not), the licences have considerable value. Even using a conservative valuation methodology, we believe the land package is worth a multiple of Pathfinder's current market cap. At its height, the stock was worth £85m and the last major institutional placing (£11m in July 2011) was done at a £50m valuation post-money or 50p per share. This followed the mining ministry’s granting of a full concession licence on the Moebase acquisition. Shares currently trade at 0.07p, for a c.£1.0m market cap.

The Mozambican Supreme Court has previously rejected a small English court “Cost Order” (which ruled in favour of Pathfinder Minerals Plc) while upholding, with one exception, all of Pathfinder’s arguments. The exception was a bizarre technicality on the wording of a jurisdiction clause. Pathfinder’s lawyers have, however, found a precedent in Mozambique involving HSBC where a foreign judgment with a similar worded clause was accepted, and are appealing it. This bodes well for Pathfinder.

Pathfinder Minerals (Pathfinder) has emerged as the owner of a titanium dioxide exploration project in Mozambique that may shape up to be comparable to the nearby Moma Mine which is owned by Kenmare Resources (Kenmare). It has been the appreciation of the true potential of the Moma Mine which has served to propel Kenmare’ market capitalisation to over £700 million level which has catapulted the stock into the FTSE 250 index. It certainly seems that the market is waking up to an increasing shortage of titanium feedstocks from 2012, which has been highlighted by a number within the industry as well as Kenmare which is in the midst of a 50% increase in production to help meet this perceived shortfall.

Nicholas Trew 21,449,735 11.90% JP Morgan Funds 9,467,000 5.25% Paul Ellison and Gareth Roberts as Joint Administrators of Hill Street Investments plc 7,884,000 4.37% James Buchan 7,010,210 3.89% John Clarke 6,626,006 3.68% Roger Clarke 6,626,006 3.68%

I am doing some proper research tonight on this one, had it tipped to me and at first looked risky but the more I dig the more I like what I am reading, with the share price at all time lows and news due in next 3 days with a full case update I took a small punt, going to buy more tomorrow after a few hours of research, if you have anything to add please let me know mate very interesting case this one seen as though the case has already been won in the English courts

To seeing what's in the results tomorrow risks are clear but so are The rewards