Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Some good questions there. Frustrating at the discount allowed but it is essential , in my opinion, that TERN’s stake in Wyld is not reduced. A necessary evil as you might say and will be interesting to see how the SP recovers.
Can you not read Busticket? This is what Fulmar wrote,
Yes Arc will own approximately 20% of the shares in the new merged MICT/Tingo Co. that they did solely in Tingo-
Yes it’s 20% of the holding that they previously held. Not too difficult for you hopefully?
I make this roughly £1.48m raised at approx 0.39 pence. Was a 22% discount necessary if there was so much demand. More dilution and joys of investing in an AIM miner. Let’s hope they can put it to good use.
Ah my mistake, wasn’t thinking then! :-)
Brilliant! So good old Nig is selling about 25% of his holding….
And a 16% rise this morning…..
https://i.pinimg.com/474x/4c/7f/7a/4c7f7a30030e6383cef5695f8d10e8c4.jpg
Miss Cuckoo, Tesco and Bus Ticket seen out having a schooner of sherry whilst plotting the downfall of ARCM.
Proposed uses for the proposed Fundraise
US$M
Capex (1)
$43.0
Additional working capital and other (2)
$19.0
Engineering studies and design for Araguaia line 2
$3.0
Corporate
$5.0
Total uses of funds
$70.0
No doubt the £5m is just in case JM’s office goldfish need more food!
Closed all my spread bet positions I have held for years at 92.67. Will keep my physical position but will not be blinkered going forward. Will trade my positions going forward.
Bet DJ feels as though as he has run over a black cat!