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Yes, they will begin enforcement of the payment. Far better to do it now than wait until the annulment decision in our favour (being optimistic, and lets face it its looking very much in our favour) then try to claim the money back. Far better to get the money in advance of the decision in Escrow, to then immediately be able to withdraw it upon final decision.
In the latest RNS! Means we can enforce payment, which then goes into ESCROW!
Pay up Italy!
£20 million per annum off that alone (not counting all our other great projects. And yet we sit here at 10 million market cap! Says it all really. Huge re-rate due.
Another great project by the sound of it! We should be multiples of where we are today! Once these things are monetised and we start to get income generated, there will be no stopping this. Luan cant be far off now.
First tranche of afrimat shares on around the 12th July, and Afrimats share price is still continuing to increase - bodes well for our 30 day average VWAP price. Be nice to hold onto them for as long as we don't need any extra cash to see if they can increase steadily. Great to have on our books though same as the SFR shares. We really are in such a good position. Then a further 2.1 million to arrive 30th April 2024!
This RNS looks great to me. Effectively 2.1 million as good as in the bank as we can sell the shares. And a further 2.1 million to come early next year.
We also have many other bits of news to come such as the detail on the licence areas we sold to SFR which they have to complete exploration in in the next few months. Good grades and we could get a huge payout on that as well. And Luansobe to hopefully come online soon as well. Very positive in my view
Here. Patience will pay off though in my opinion. Hopefully reaping huge rewards!
PAn-Lid, you really are a moron. Havey you nothing better to do with your life ? Its sunny outside, go and play in your sandpit.
Side of things sounding good. THis will likely be a nice selling off of an asset to the highest bidder!
My money in HL has just landed too woohoo :)
Going by pan-lids panic at the £5000 worth of sellsthe other day, he should be positively jubilated today at the £2000 worth of buys lmao.
Not long now hopefully before the big payout to us from Glenover :)
News on Luansobe and other items must be imminent too
Ah yes, have mine now too :)
Nice
Had their divi yet ? :)
Lmao yes, a whole £5000 of sells. Really does show your IQ levels if you count £5000 worth of sells is big.
Stick to playing LEGO, its more your kind of thing.
Anyway, for everyone else to look forward to, £5 million coming into the bank soon!
About todays news, as Colin has stated in the past, EM airborne surveys are extremely expensive and you would only really do one if you are pretty sure there are good deposits. We are now getting a free survey over the area that seems to be a hot spot where one of our licences is positioned. Sounds incredibly good to me,
BEst thing is, Sandfire have first right of refusal, and if proven to contain good grades, also have a huge pocket of cash available.
Getting airborne surveys for free. Seems they are trying to keep us sweet incase they want to make a nice offer :)
Lets get drilling! KCB licences alone could make us a considerable amount of cash
Looks like another ones escaped form the asylum. Thanks for the valuable information Pan-Lid. You have clearly researched this company very well lmfao.
Yep off we go. Financing to follow soon!
Pan-Lid what an utterly moronic thing to say. Clearly no idea what is going on here. Move on dimwit.