Member Info for Gigontbsaaa

Its been delayed aswell, supposed to be early Sept and is now very much late Sept, so that would suggest to me, its delayed for a reason something big is to be announced in the morning and allows it to be talked about in the call

If not then yup it will be one hell of a dump

Indeed Y, back at beginning of August, I noted Chinese are a major holder in Ivanhoe, the contacts are there.

All Ivanhoe need to do is position the machinery few K up the road then mine Zeb.

Makes logical sense to me, surely they are not that blinkered, unaware whats in front of their geology.

Issue currently is the delays SA have on the mining rights, that is the holy grail.

Hold

Worth*

Why would someone sell 1.4m work of shares?

Https://www.londonstockexchange.com/news-article/HAMA/appointment-of-brittany-kaiser-to-advisory-board/17229963

Or just leave as it so placing shares can't be dumped on retail

Then just boom when MR lands

I'd prefer big bang

Hold

"fictional mine" lols

Very good Suhail, hats off

hold

Indeed thats the bonus here, no further shares, so massive scramble for what s available

Tiny free float, premium will be paid over and over

This is just the start

more news to come, multiples

hold

Live presentation on Wed 17th

Depends if there is no news tomorrow morning, as seems traders can have a field day here, even if its only a few % profit is profit

hold

Do we know when they need more funds for mining license application admin

I was under the impression this was already factored in through previous placings/submission and that end of May we should of had an update on it the granting of it

Whats changed?

Sold ya gold

Up and down*

We've heard that a few times over last couple of weeks, nothing materialised

But one day news will come for sure, until then it be and down.

Just sit on your hands for now

hold

What is it Jono, enlighten us?

30-50p is far too cheap for full buyout

This was around 45p years ago on thin air.

"Thoughts on this 500k being the same prominent investor from before? If so they could be making an early position for buyout now that results are firmed up!"

If the case Ajay, same investor could have more than 30% of the business when those shares are placed on the 11th

They would have about 29,857,143 out of the circa a 81,000,000

Average of 0.031 ish per share

Meaning:

Mandatory Takeover Offer:

Under the UK Takeover Code, a shareholder who acquires shares that push their holding above 30% (or increases an existing holding between 30% and 50%) is legally obligated to make a mandatory offer for the remaining shares, typically in cash.

What do you think they would pay for the remaining percentage?

Depends if it comes with a fund raise in the same RNS

I would of preferred no fund raise at all, but would of been less of a blow if they just told us the results of the specturm in one RNS then a fund raise later, they RNS today was counter productive

But 20p minimum in ideal world for MR

"Upon successful awarding of the Mining Rights, the Company intends on embarking on an extensive drill programme to further prove up the deposit."

So not part of the exploration license then, they need the full license?