Member Info for GoldenI

Thordon
Might this explain some of the apparent increase of imports of raw materials recently observed?

Seems to be a lot of anticipation building into the share price - hoping tomorrow will reinforce this movement.

I wonder if the share consolidation will be completed on or immediately before the day of the results presentation next week.

Was it not agreed that the USD50m plus interest would be repaid gradually from ore mined and treated at TELFER, with the permission to repay early?

Thanks AJP.
If I read it correctly, J Shaw has the potential to be one of the beneficiaries under the arrangement by way of shares, and he has shown himself to be a staunch supporter of the company (obviously, due to his current position and substantial shareholding).
What is there not to like?
IMHO

Maybe not that important a matter, but it is good to have the facts.
Now had a telephone response from FinnCap to say Revaluation of Deferred Consideration was extended to 2022, and it was in an RNS. Should have asked for the date as I cannot see what date when scanning through, but maybe wrapped up with other information.

So what are the thoughts on the initial flow rates?
Guess hard to say with so little frac fluid having been recovered, and so early in the process to say what the stable flow rate might be, but at least it is something.

Has a larger sell gone through? Appears so from the share price now.

Thanks AJP- email sent.
Will advise if any response.

First line should say: .... to 31 Dec 2021

Just been trying to understand the final results statement to 21 Dec 2021:
"Revaluation of Deferred Consideration... As a result of revaluing deferred consideration related to the acquisition of Itaconix Corporation in 2016, per note 17, there was an exceptional non-cash income of $1.6m in 2021, which offsets the exceptional non-cash expense of $0.3m (excluding foreign exchange) from 2020. In addition to the revaluation of the liability the Group issued 1,923,389 shares to certain Sellers of Itaconix Corporation on 12 April 2021 in settlement of the contingent consideration payment for 2020."

Is this now concluded as per note below? I am not sure where the not 17 is which is referred to above - anyone know?

PARTIAL EXTRACT FROM PRELIM ACCOUNTS TO 21 DEC 2016: "The Group issued 6,305,050 ordinary shares of nominal value 1p each as consideration for a 100% interest in Itaconix
Corporation. ... As part of the purchase agreement with the previous owners of Itaconix Corporation, a contingent ... deferred performance related consideration will be payable to the Itaconix Corporation shareholders, subject to the achievement of certain growth targets for the calendar years 2017 to 2020, based on 50% of incremental annual net sales value above $3m in 2017 and in excess of the prior year for 2018 to 2020 inclusive.
The deferred performance related consideration is capped at $6m in aggregate. Such deferred performance consideration, if any, will be satisfied annually entirely in ordinary shares of Itaconix plc "

I notice that the refrac has commenced, all equipment now having arrived.

AimingHigh2021
Not sure I follow your logic - the RNS seems to explain that this (name change) process is pretty much an isolated piece of business, why would it have an impact on the share price on its own?

Good to Know it is almost good to go,

Bit of a slow start this morning, but seems to be gaining a bit more traction.
Good to see positive numbers being produced - feels like a steady hand at the tiller, as the company balances actual growth with potential.
Exciting times indeed.

some of the resolutions not passed at AGM - what does that mean ?
At the AGM, resolutions 1 to 3 (inclusive), 6 to 9 (inclusive), 11 and 12 were duly passed. Resolutions 4, 5 and 10 were not passed.

Day traders are often a problem - but with so few shares in free float here, they will struggle to do that much (short-term) damage.

Good to finally see some traction from the share price in the right direction.
What a difference it makes when you are invested in a company with good prospects, where directors have skin in the game, the product has excellent green credentials, no debt.. and much more.

Antigua
Did you not mean...
plus ça change, plus c'est la même chose

Thanks BR - more comprehensible than what was in the earlier - subsequently deleted - thread.