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China come to the rescue. Just shy of 17% down and all Technical's showing Strong Sell. All things are looking that glum I am growing more desperate by the minute. So much so, I would welcome back Silverback just to have a moments positivity, albeit 'fake news' !! Help
An accumulation of 15% of shares in issue.
it really is that scary with this, OUR company.
They better pull their finger out and make an AGM date announcement - 30 days for the Second loan agreement!!
RNS 08TH July
Under Premier's existing share authorities, Premier can only issue 1,009,889,850 Loan Shares at a value of £454,450 ("First Loan Shares"). Premier will have 30 days from the date of this announcement to issue the balance of 753,778,580 Loan Shares at a value of £339,200 ("Second Loan Shares"), or settle, at Premier's absolute election, in cash. Premier is intending to convene its annual general meeting at which Premier will seek an increase to its authorised share capital.
In the event that Premier is unable to settle the remaining loan amount, either in shares or cash, the Second Loan Shares will not be issued, and the Loan Agreement amount will be reduced by the value of the Second Loan Shares. Otjozundu has provided a number of warranties and undertakings to the Lenders. The Loan Agreement is secured over MNH's assets (including the assets being purchase).
The Loan Shares will, when issued, rank pari passu in all respects with the existing ordinary shares. Application will be made for the First Loan Shares to be admitted to trading on AIM and admission is expected to take place on or around 12 July 2019. Conditional in shareholder approval, application will be made for the Second Loan Shares to be admitted to trading on AIM following the general meeting of the Company (to be convened).
Extremely worrying how this company has been run this past two years and many LTH are locked in, including myself.
GLA LTH
Starting to think that my investment is written off
https://www.google.co.uk/amp/s/www.aljazeera.com/amp/news/2019/07/zimbabwe-experiences-worst-power-outages-years-190705162434042.html
If he is marketing that only equals one thing - a placing !! Ffs
If he is marketing that only equals one thing - a placing !! Ffs
Alan and team - you have my vote. Heavily down
GLA FIB
Napom what are your thoughts on today’s RNS?
Morning all, agreed Wolf - I would await final accounts. I am worried that capital raise is required. GLA
You’re disagreeing with Technical Charts, with indicators stating sell. We were at ‘new’ rock bottoms, last week, last month and last year. Sorry I want to believe, but I have to disagree with you. Our SP has been decimated. News on the horizon - sorry what news ? That Circum IPO is happening!! Opposite news has been and gone. One angry and frustrated investor, I am sure like many. Feel for those in at a 1p
Hi CF I had thought the same yesterday but all (majority) of technicals showing a STRONG sell. ATVB GLA
Smile, stop. Please stop. You’re contradicting yourself and even arguing with yourself now. He had two days and then, he rushed it out, what is it He had two days BEFORE the podcast to release the RNS !! Stop trying to make this out as though GR has a brain and making up hypothetical cross overs. Stop spinning Circum, which has been spouted for the past two years GR has to go
Steward WTF you on about ! K - agreed, weeks or months who writes his RNS’s. Schoolboy sh*t As the story goes, you could not make this up. Where, where is shareholder value
Do not listen to any idiot that’s states people are 1 hundred percent down, let alone several hundred % !!!
Hope can kill a man GLA
0.25
Thanks but is the 6 not part of the 20 and therefore, not in addition. The 20 already being owed to PREM, by RHA, by way of ZIM govt. so the 6m is not new money. 20 is not new money. Equity of RHA remains the same. The 6 is an advancement of the total 20 already owed. rather than the 20 being paid bank monthly increments, from RGA revenue. So 6 is good as kick start but was already due and back to where we were on equity holding of RHA. We go into production remaining with costs of 50% ++ . Does not feel like a win to me, especially having lost so much time, not producing
Napom - morning. When we receive our 6m, do you know/do you believe we will gain 100% ownership. Promised well over a year ago and 16 months ago, when production of RHA ceased. GLA
FWIW pb11, hidden agenda, derry, Alcheymex are not invested here. Although they do make some valid points, I choose to laugh at them and/or ignore them. By large, they’re ***** Some, perhaps investors, I choose to filter because of their persistent negative (far too much) repetitive posts. Am I an annoyed investor, yes. Do I moan about it daily, no. Do I put my investment down to change sentiment, no. I sounded like Dean Saunders for a second then.