Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
From Mr. Hanson. First one stated that the share was suspended because of Stock Exchange rules and that Galaxy had far to go. Second was, that he was unhappy to converse with individual, or groups of shareholders and that any news would be posted on their website. Make of it what you will. Personally. I fear the worst. We have been stitched. The Galaxy holding will be flogged of and we will be left with nothing. Well done me for investing in this wonderful charade.
We all feel the same, that Creat would dive in big style. It hasn"t happened but who knows? Galaxy have been suspended on ASX since early February, with deadline for negotiations with a major institutional investor, having been extended three times. The latest deadline expires on May 1st. If it is Creat Group, then yippee!!!, we are saved. Probably not though and we are holding worthless shares, which will be cancelled in six months.
Received mail from MH. In which he explains that it was Stock Exchange rules which triggered the suspension and that it was action by GXY which diluted CRHL"s share of the pie. They will maintain the holding in GXY. No mention of any other investments. I, as you, reckon we are shafted The GXY holding will be sold to cover "working capital" I surmise and us mugs will be hgh and dry. Sad really.
Extended again until 1st may. But the words substantial international investor included. Sounds good for Galaxy but nothing from the hapless CRHL.
Hello Nat. Price up on indicated sells today. I, as you, am bemused by same. Still no reply from M. You could be right in your theory. Let us hope so. Cannot also understand how the company lost so much money. They have done naff all since the Zeehan sale. Probably paying the secretary a fortune for filing her nails.
Go on then Nat, What does a £3 sale signify?
No response yet. I struggle to understand what is going on.
Can"t believe that CRHL are banging out a statement like that, when Galaxy are on the cusp of something big. Also pees me off, that they let their stake dwindle so much. Unless it"s a mega p-ss take and they know what is occurring.IE the big sell off. Am E,mailing morris hanson tonight. let you know any reply.
Another laugh being had. Must be some sort of signal.Though I know what what. Four days to go.
" interest in GXY, not here"
Havin a larf. Don"t know how or why they do it. There cannot be many who are interested in this share, who have not already sold. Ipso facto. I have a sneaking fancy that CRHL will be bolstering their interest here.
just read an article in "wealth daily" highlighting the future of lithium and the soaring demand for the product. All of the major players, Rockwood Talison et al have seen sp increases in upper teens during the last month. Funnily enough, around the same time that GXY have been suspended. Also flagged up, was the fact that these brine production facilities are the way forward (cheap as chips to produce). 18th, should be interesting.
Delayed until then. This must be some deal!!! Six weeks to "significantly increase the company's balance sheet?" There"s a rabbit off here!!
march 4th. Who knows what the announcement may hold. Hopefully Creat Group grabbing a larger chunk of the business. GXY, certainly seem to be on the way up, until somebody comes up with a better battery formula.
Morning Nat. I'm not the sharpest knife in the drawer when it comes to maths. But I have the CRHL holding in GXY worh approx. £8 million. I"ll stand corrected. Bit out of kilter with the £2 million market cap.
Are suspended at their own request and will resume trading on 17/2 unless an earlier (favourable) announcement is made.
Galaxy suspended "pending an announcement which can potentially enhance the balance sheet". Whatever it is. Now check CRHL m/cap. Then do the maths and check the value of the GXY holding. 0.3p is a joke.
Galaxy have ceased trading of their shares as of Monday. Pending an announcement. Quarterly figures look fabulous. For what little interest we have, it matters little. Looks like T/o to me. CRHL, big office booze up. There is nothing else in the pot.
Clawing their way back upwards. just wish we"d announce some developments. The only thing that seems to be moving are the hinges on the boardroom door. Other than that. Nothing!!
Galaxy, up 17%