Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
This is from the 4 May RNS, maybe I am reading too much into it. I would not think PC would want to be too specific, as it would not look good to the original CRMC company. It does not matter anyway, the the fact is that amongst the mix there are 2 CRMC companies.
A busy schedule of meetings on my recent visit to the US has allowed us to advance discussions with a number of existing and new interested parties from across the cement and concrete industries. I believe we are ahead of the curve on natural pozzolan, with one of the few fully permitted and undeveloped natural pozzolan deposits in the western US. We have achieved this on a project spend of less than £1.5 million to date.
Dear dear Sheldrake, you have no clue what the deal involved, so how can you state that it involved SRES putting up a lump of cash? Please look into a mirror and ask yourself why you are behaving like this? The other point is that PC is talking to 5 entities, one of which is the original company that we spent 2 years negotiating with. Now I call that positive, so SRES can set the terms of the negotiations. So I am sure a lump of cash will be in those terms. Not rocket science, if I were you I would keep quiet.
Have you considered that the deal might involve some cash? Sell part sell whole, take your pick. PC needs cash, so it does not take a lot of thinking outside the box to imagine that cash will feature in the deal. PC is the biggest holder, why should he want to dilute. Try being positive for once you will feel better.
We are invested in a high risk/reward project, and have to accept the nature of our investment. Delays are inevitable, and have resulted in the share price being an all time low. Personally I see this as an opportunity, and believe everything will turn out well in the end. I think the way the market is, that until we have production or the sniff of a predator, that the share price will remain at bargain basement prices even with the mining licence. We just have to suck it up, this is the market that we are hunting in. Enjoy the suspense, it will not last for ever. With such a small float it will get very exciting with the right news. We have some great assets that are only going to increase in value every day, better than money in the bank!
I don’t think the sky has fallen in, why the sudden fall and transactions? Anyone know.
News out of SL is bad, hence the increase risk and a lower share price! I feel it is better having money in CMET in commodities, than in the general market. It is just a matter of time, not if. As we are finding out with the conflict, whoever has the commodities has the power. We will get a rerate at some stage, which will reward us for the risk. We are aligned with management, little free float, just need patience.
Well that is disappointing that they are not paying off any of the 17p debt that is still owed to holders. They agreed to pay 10p of the debt this year subject to market conditions, so fully expected 5p with this payment. The full 10p must be being paid in December, as palm oil prices are very good.
You are entitled to an opinion, and it is your prerogative to believe who you want. Please give the negativity a rest, and just wait until the next meaningful RNS. Then you can say told you so, but until then it is tedious.
I am also a LTH, and went down to the AGM to meet PC himself and to look into his eyes. Yes I a disappointed a deal hasn’t happened, yet. However the way that the market is going I am glad in hindsight! We have 5 suitors, one being the original who was messing us around. We have a lot more clout to dictate terms. Relax, and let our assets do the talking. PC is the biggest holder, and I am sure will try to maximise shareholder value. I don’t know why he would want to attract new shareholders, when we are about to do a deal that will give us a load of cash.
A great RNS, it is very conservative. I am disappointed with the market reaction, but just goes to show that the market is not prepared to wait. Hey ho, just the licence to come. I would have thought we would be of interest to one of the big boys at these levels, if the awarding of the licence does not move the needle. Happy days for the patient.