Member Info for jazbo

"They may well be experienced @jazbo but what have they actually achieved for GBP? "
Not a lot!
Their website for years said they were looking around for investment possibilities - however, over the years that balance was almost solely used to pay management !
It is just a surprise after all these years with no dilution, here comes a biggie, unlike TRP which has regularly diluted shareholders to oblivion over the years.

"Gosh, you'd think Peter Hill would cough up more. He's been in place for how long? 7? 8 years? During that period he has drawn well over £1m in salary and collected various tranches of options. But what has he achieved? Next to nothing... An extension or two, and...??? No farm out in SEVEN years!!! The company only has two blocks....what the heck does he do with his days?"
AO Why not do some research?
Global has an experienced and driven management and technical team both in Australia and London. In September 2011, this was strengthened by the appointment of Peter Hill as UK based Managing Director & CEO.

This action raises so many varying thoughts.
I wonder what Panmure clients, who recently bought in, are thinking?

but this is slowly moving in the right direction.

"They know what they have is valuable and they have the cash to wait for sensible offers."
Without the deadweight Larry doing the negotiating we should be in with a much better chance of getting a farminee.

The Board's level of commitment should give confidence.
"The aggregate holdings of all Directors and senior managers currently represent c.27% of the current issued share capital of the Company. Participation in equity placements and the exercise of options by those individuals has resulted in c.£1.7 million being invested in the Company by board and senior management since the beginning of FY2018, c.£1.5 million of which has been invested by Empyrean CEO, Tom Kelly. No shares have been sold by Directors or senior management during this time and this continued level of support, commitment and funding strongly aligns the interests of its Directors and senior management with those of shareholders. "

Jim,
thanks for the link.

BF the RNS said -
Commenting today, Patrick Cheetham, Executive Chairman said : "This fundraising will allow the Company to continue the development of its priority CS Project in Nevada following the recent grant of the mine and reclamation permits. It will also allow the Company to carry out some initial drill testing on its precious metal projects in Nevada as the Board is keen to ensure that it's gold and silver project portfolio delivers value for shareholders in the current strong market conditions for precious metals."



"The Company recognises that its share price on AIM has increased since the Placing was initiated and that the Placing Price is now at a significant discount to the most recent closing bid price for the Company's ordinary shares on AIM. Consequently, the Company is pleased to have granted the Broker Option as a mechanism for existing shareholders in the Company to apply for shares at the Placing Price."

the sp has certainly kept within a close range for the past 3 months.
Which way next ?
and when?

Has anyone got the broker note ?
Empty end on ADFVN appears to show quotes from it !

Someone must have needed to sell the 450k s worth today

Are these the ones -
Collins Stewart Europe Limited
Evolution Securities Limited
Jefferies International Ltd
Liberum Capital Limited
Shore Capital Stockbrokers Ltd
Winterflood Securities Ltd

"I leave Chariot with a tremendous asset and an extremely talented team in place to nurture that asset and deliver the success that the Company’s stakeholders deserve.”
In 9 years he achieved no partnerships so either our prospects were so poor or Larry was so poor.
I know which I am hoping for.

Blackwoods Vintage Dry Gin offered at £16 a bottle rather than £ 22 at Morrisons !

You are being pedantic Perry. As Marmited suggested "contacts have been made with counterparties" could have related to the acquisition of the 3d or other matters. Such contact would have involved talks. Please move on now from your inquisition of Jimarillo and leave him with his poetic licence !

Maly's Blog is a very sanitised update.

Pilgrim - however, Tom Kelly has a fair amount of skin in the game!

So Larry's plan in Brazil and Namibia - Sit and wait.
Don't need much staffing to do that.

"At 5p and a market cap of £23m any success in China would dwarf those numbers, with my risked valuation of c.55p and on an unrisked case I would multiply that by 10, I mean there could be a billion barrels out there…"

As well as reducing board payments by 25% from 1.4.20, and leaving ASX surely taking some of the remaining Board payments in shares would help conserve cash.