The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
21 days notice of AGM
Note one of the AGM agenda points is with regards to a rights issue linked to the new (back to potential again) investor so I see little happening until after 3rd June . Saying this, a further update before the 3rd June may avoid some pretty embarrassing questions to our board who really do need to be asked why they put out an RNS saying "we are just waiting for the money to be transferred"
your comments have not been lost of me and as the investment is part of a wider group of other investments at the same time, IRON could well be part of it - especially as their most recent RNS has indicated immanent investment
i think everyone is positive here but the Co havent done themselves any favors in their last RNS. I don't believe for one minute that this isn't going to happen but to state we are just waiting for funds to be transferred was in my view ill-judged. Also, i don't believe that funds have been transferred as equity was being issued in respect of them - issuing new equity is a mandatory RNS
So the questions remains, has the deal been done or is it simply the DD have been done and they are yet to complete on the contracts?
The transaction cannot have concluded as the investor/s are being issues with shares as part of the transaction. As the number of shares will be increased as a result of the transaction it will be an mandatory RNS.
I express my views of the DD RNS and thought it was very strange and premature. The Co need to clarify exactly where we transactions is. You cannot put out an RNS saying the DD in completed and we are just awaiting the transfer of funds. This can, and has been, viewed by some investors as being misleading. Has a deal been concluded or has it not - only Co can answer than one i am afraid
I am sorry I don’t agree with all of your opinion. I really thought these boards were a forum for individuals whether they be traders, holders or observers to share an opinion
I cannot understand why you think I am playing a game - are you saying all traders play games? Most of us invest money to make more money. How we do this is down to each individual.
You appear to want to knock anyone else’s comment s
If they are not aligned with yours. Are you saying my comments are false or misleading?
Don’t assume I am not well researched and knowledgeable.
If the end of year accounts and presentation gave us the answers then why has the share price remained flat for years. A growing share price needs a growing company - we have neither at the moment - hence why we are where we are. I hope we have some success with R3 and manage to grow reserves otherwise we will be having the same conversation years down the line.
We need R3 to happen otherwise this is going to tank. I know we all talk about 100% of BKR but if you keep sucking through a straw there will soon be nothing to left. I have said before, the only way this co is going to progress is to increase reserves - either by acquisition or through the drill bit. Failure to do either will see the co value finishing as the reserves do the same. All In my opinion
I would second that - am not every poster on this board with be positive and some are critical but this small community of poster has respect for each other and long may that continue.
Sanely thought when if hit the leader board all is likely to change. The tampers will appear to try and drive the date price then then they become derampers when the share price pauses for breath. Either way, the future appears bright, the future is orange (literary !!)
Good weekend to all
Its not just the confirmation of cash received here but the deployment of it, timeframes and the bigger plan. Most Shares are valued on a forward looking basis so the sharing of the short, medium and longer term business plan / strategy should give some direction how they are going to add shareholder value. Ultimately value is going to be driven by income, profitability and growth.
Cannot forget the KAZ Trading was was set up 18 months back
I do believe there is a very detailed plan as any prudent investor wouldnt stick £m's in at a premium - we just all want to see it !
It’s not the first time we have seen large reported delayed trades. They could be T20 Rollovers. What I have noticed over the past few days is how easy it has been to offload stock with the MMs happy to quote and take several million shares off of folks hands. Shows there is either more liquidity or there is a buyer happy to pay 0.90p plus
Agree - my opinion was the RNS was a little premature and no meat Around the bones - once completed and investment received that we should hopefully find out who it is ! Maybe that was why the market reaction was so somber
Wouldn’t disagree with that Steven. The proposed investment in KZG was at a premium not get off 90% of current share price. Not sure we would get the same here but no reason not to believe it won’t be well north of a penny