We would love to hear your thoughts about our site and services, please take our survey here.
Yet more disappointment. Why does a placing always need to be at a discount? With the o&g deal and low market cap could the directors not got this away at say 0.85p. Warrants at 1p too, not exactly a huge target.
What kind of correlation is this?
Very poor RNS. Only 6,901m drilled despite being told previously that 10,000m had been completed. Work commitment not completed, why?
Drilling to a max depth of 10m too. When did it mentions this previously?
Still have high hopes for future but this has definitely knocked sentiment along with previously issued speeding ticket. Let's see what the next few months brings.
Hi Jimbo. Thanks for the reply.
So the May 2020 amount (£1.8m) and some of the £3.8m (£2.2m?) still needs to be dealt with by May 2021.
Brilliant. Let's hope this well talked about correlation catches up.
Correct me if I am wrong but are we still under the pre covid share price?
Does anyone know what the most likely outcome for the loan notes will be?
'The £2.05m loan note issued in May 2020 (of which only £1.8m has been drawn down) as well as the £3.8m convertible loan note raised in November 2019 mature in May 2021.'
What does this mean for LION?
The hawks are out looking for an entry. Anyway good luck all
#CGNR JV deal is now even better
Demir Export belongs to the Koç Family who also own the largest industrial conglomerate in Turkey, a Fortune Global 500 Company and Turkey’s leading investment holding company.
Earn in agreement signed for 9 million euros.
Very rarely post on here now however as I have said previously I see we are tracking vanadium prices up ;)
Absolutely ridiculous price action. Something has to give soon and price has to start rising surely.
US sharemarkets closed for Presidents Day. Please note the tin price is under investigation with Reuters.
The Daily Table: a wrap of overnight markets #ausbiz #ausecon #bonds #rates #fx #markets #audusd #aud #usdaud #metals #LME #metalprices #ironore #commsec @CommSec https://t.co/cZ5TPnm7Y4
Tin 16.9% up?
https://twitter.com/man94_con/status/1361407947436404738?s=09
Remember, results due from Senegal soon from AC drilling.
Planned RC and diamond drilling programme before 3rd year investment anniversary. The anniversary date is 2 March. Iamgold need to spend an extra $1m by end of February too.
Iamgold release there next results on Wednesday. Normally there is some reference to Senegal in there.
This bit adds positivity too.
Hadley Natus, CEO of AfriMet commented:
"Off the back of entering into its inaugural tantalum offtake agreement with AfriTin, AfriMet are delighted to partner with AfriTin as a supportive long-term shareholder."
'Despite the need to raise funds within 12 months for the regional exploration activities, under the Company’s worst-case scenario, the Company has sufficient funds to operate until March 2022, and in the case of the Alpala Project, significantly longer, as funds from Franco-Nevada are ring-fenced for the development of the project and all exploration activities on the Cascabel concession, and related working capital.'
The way I read this is that if they were to not do much ie worst case scenario then they have money until 2022. However, to carry out exploration they will need to raise. No exploration means share price stuck but no raise? Exploration means growth but dilution?
This is confirmed on page 24.
'As the NSR Financing is ringfenced ... current working capital levels will not be sufficient to fulfil all aspects of the Group’s operational plan in the next 12 months. The management has doubts over the ability to undertake all planned regional exploration activities using current cost assessments for the highly prospective regional tenement portfolio. Accessing the most prospective regional drilling sites, conducting related planned drilling activities and technical services will require further funding. As such, the ability of the Group to continue as a going concern depends on its ability to issue further equity capital or secure other forms of
financing.'
What would that be worth now?
PORTAGE BIOTECH PROVIDES RESEARCH AND DEVELOPMENT UPDATE AND ANNOUNCES NASDAQ LISTING APPROVAL
NewsfileFEB 11, 2021 08:00 AM EST
-- Company to advance three clinical-stage programs in pipeline --
-- Portage has received approval and is preparing for NASDAQ listing --
Toronto, Ontario--(Newsfile Corp. - February 11, 2021) - Portage Biotech Inc. (CSE: PBT.U) (OTC Pink: PTGEF) ("Portage" or the "Company") today announced its 2021 research and development goals, including advancing three of its pipeline assets through clinical trials during the upcoming year. Portage also announced that it has received approval from the NASDAQ Capital Market ("NASDAQ") to list its common shares on the NASDAQ exchange, and expects to commence trading February 25, 2021 under the symbol "PRTG."
He is still adding. See new TR1.
Senegal AC results expected.
Planned RC and diamond drilling programme to round off before 3rd year investment anniversary (2/3).
Listen here https://t.co/h6sMJsoBw1
Another recent interview https://t.co/lATsYft0uo