George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
You need to email him to join, Humanbait paragon@73east.com
Actually, ignore that comment. There are about 155m disclosed. So, around 120m 'out there'. PIs may fall into the Investor Nominees and Barclayshare camps, or may not. I wonder if we could get to the collective Investor Nominees and Barclayshare Nominees via those organisations? Perhaps it is even worth asking TW/SP to release a news article informing of the Shareholder Association...
I would say we have about half of the PIs signed up so far... As at 15 July 2015, in so far as the Directors are aware, the following shareholders held a disclosable interest in the share capital of Paragon Diamonds Ltd: Titanium Capital Investments Ltd 60,000,000 21.6%* Martin Matekane: 35,471,510 12.8% Spreadex Ltd: 29,711,966 10.7% Investor Nominees Ltd: 15,730,584 5.7% Barclayshare Nominees Ltd: 16,828,048 6.0%
Likewise, I have emailed Hugo a couple of times since Christmas (about the various media articles) only to be met with silence.
Broker resigning. Look what happened to PRG
What about off line discussions?
Would you be comfortable emailing us off line with any further details that you have in regard to what has been going on in the background and what might be PMs plan for the future? Maybe you could set up a gmail address and we can all reach you there? Perhaps a condition of correspondence would be that we send you a screenshot of our trading accounts so that you know you're conversing with retail PIs rather than stooges...
Well I admire your optimism. I hope you're right. I think it's time for the company to come clean and explain the various funding routes or options that they considered 'dilutive' and turned down. Why was a placing not considered? I am sure opportunities were available. We should insist on an EGM for a full Q & A.
...and there you have it. What a sorry tale. Producing by Q1 2015 they said. The joke's on us.
We've have had confident promises in an RNS prior to now
They can't just sit on an RNS if there is any update to the market due.
Noujay I called yesterday (goes straight to voicemail for a person called Hugo) and left a message. I then called again today and the same thing. I haven't received a call back. Very disappointing as a large shareholder.
Thanks for the heads up have downloaded it
You couldn't make it up lol!
Already attacked me on Twitter when I unemotionally pointed out deal done with no immediate dilution
Thank you for clarifying You are indeed corrext
Mothae has never been priced in Target with Mothae is probably double or triple that of just Lemphane. So Northland Target might then be 25-38p $12m package agreed 28 Jan (binding MOU) is enough to cover Lemphane stage 1 but could be used to purchase Mothae at 6.5m instead and leave 4m remaining after payback of £500k loan Mothae is moreorless ready to go with infrastructure in place. The total funding to get both mines going is little more, we already own Lemphane of course.
Read them :)
How all these Bearcasts and articles have completely ignored the legally binding deal already on the table with Dubai!!
I'd = I.e.