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Veles Capital (Google them) just INVESTED around £9 million in Eurasia at about 30 pence per share. Now why would they buy £9 million of shares at 30 pence?
Alexi has 80 million options at under 1 pence ....... what do you think he will do next with these ? Sell 27 million and convert 80 million.
Everyone including Veles wins !!!
The deal is still on !
Thanks everyone for input re accustem within isa rules
If qualifying tils shares purchased within an isa, will the accustem shares also be ring fenced i.e. issued within the isa ??
Anyone know
Thanks
We are 8 months into the official start of the FSP next week !!
As lots have said, UBS, DLA Piper, BOD, Citic etc have all been working on this (results orientated fees) to get a deal done. They want to get paid and move on.
8 months for nothing ............ I don't think so !!!!
They will wrap it on or before the 15th Feb in my opinion.
We have over 18,000 metres of drill results being analysed on 4 different projects, plus trenching results on Wapouze. This is on the back of very favourable gold grades from previous exploration. Money is again being spent on 'the drilling' which is always the key to success and results due soon.
Get in early and simply hold in my opinion.
I believe the next rns this week will be all about covid to have the maximum effect !!
This bod is top notch in every way and new appointment has moved from £50 billion Regeneron to little old Tils ........ you would only do that if you strongly believed that they had something worthy in the pipeline.
This year is going to be phenomenal and the proper re-rate starts this week in my opinion.
I believe the company will use the accelerator clause to convert all the warrants at this early juncture before the share really does re-rate. They should have around £1.8 million in the bank for further drilling and to start exploring the new 8 licences (3500km2) of hand picked acreage in Cameroon.....a new province. If these new licences prove to be anything like Senegal with multi million ounce discoveries in close proximity then its absolutely huge.
For the moment the drilling and trenching results on B and W in Cameroon due very soon will hopefully exceed expectations and Senala in Senegal is already noted by Iamgold as a discovery in their recent presentation.
Money in the bank and funds to move forward, plus directors have skin in the game from previous salary sacrifice (£125,000) in 2019 and more purchases and conversions recently.
The company is moving forward at pace and so will the share price.
Research is key as always and it's what's in the ground that is crucial.
How reliable was the Nomad ... exactly ! I don't think we can rely on anything as being truthful. Everyone covered up the real truth !!!!
I would like to see proof of a share purchase for £1 million i.e. bank statement, share transaction records etc. Where did he find £1m ..... it just seems too convenient as a way to get further monies in from unknowing PI's.
Under the circumstances we should NOT take anything at face value !!!!
If it is fraudulent and or broker / nomad negligence then we have a strong case.
I'm disgusted by the fact that neither Zaza or Steve have taken the time to correspond with shareholders for over 2 years ....... NOTHING.
Unacceptable
Hi Arsenal and others
Do we have categoric proof that Zaza actually purchased £1 million worth of shares at .058 back in October 2017 ? Has anyone looked into this ? I remained fully invested and purchased more again after his 26million additional share purchase in May 2018. Plus I was delighted with the supposed € 60million loan facility being set up in December 2018 secured on the company's assets in Georgia, thinking this would unlock tcf's of gas etc, only to find a few weeks later FRR went tiiiits up.
Was no due diligence done .... was all this a scam ?
I have never posted re FRR before as I have 'written off' the money I invested or at least I thought it was an investment. I would be willing to get involved with a lawsuit at the appropriate time with all the others who have lost money, but as a last resort.
Thankfully my other investments have flourished, but something needs to be done here.
AP surely must have poked around at WK too. Rodium has been mentioned many times by Dimitry. A now fully operational mine with DFS, plus they now have the adjacent 20km2 Tipil licence, so has to be worth more than people think.
May be they will keep WK and expand that operation whilst selling Monchetundra.
UBS, board of directors et al will want this sorting quickly now so everyone can get paid and move on. My gut feeling is on or before Monday 15th Feb. GLA
Wk: I'ts the largest ALLUVIAL pgm mine in the world ....... mentioned before I believe, but was number 2.
It is open pit as we know and it's number 1 now !!
The DFS has surely added huge value and worthy of discussion.
We are getting close and I'm happy to hold for another few weeks after being here for over 3 years.