Member Info for knicol46

will pay the wages of the new company management for years without them even lifting a finger and as a private shareholder within this new company you can complain and moan but they wont stop eaten the cake

As the nomad has resigned - they are suspended unless a new nomad is in place however even the directors state that it is highly unlikely that a nomad will be appointed. They are offering a bargain/match facility (still to be notified) - to allow existing stock holders to sell but don't expect premium prices

Would seem like the existing assets of $39m are going to the new company “Consolidated Growth Holdings Limited “. Existing shareholders can either sell their existing holdings from a bargain/match facility still to be confirmed - but I suspect at 0.1p if your lucky OR just hold the stock for years and see if they ever relist on AIM under the new company name. Management will happily be taking the cash as wages so their not too fussed either way.

On 5 November 2013, 180,000,000 ordinary shares were issued fully paid for cash at 9.5 pence per ordinary share.

http://www.thetimes.co.uk/article/miner-in-bribery-scandal-intends-to-quit-aim-3mj3xtql2 Im innocent ok - right lets delist the stock Net assets at last report $39m (£29m) $4.9m cash (£3.7m) 1.1bn shareholders 'The Company has a strong cash position and the potential to realise further value from its existing asset base' The Company has received irrevocable undertakings to vote in favour of the Resolution from shareholders holding in aggregate 285,916,896 Ordinary Shares (including Andrew Groves), representing approximately 25.79 per cent. of the issued share capital of the Company. As a result, the Directors believe it is likely that the Resolution will be passed at the EGM.

intangible assets was $31.7m http://www.sablemining.com/investor-relations/documents/Interim-Results-22.12.15.pdf

that would reward long suffering shareholders with some return - they want the assets for their course of action

at last report (30 Sep 2015) $39m net assets (£29m), $4.9m cash (£3.7m) 1.1bn shareholders, share price closed 0.20p, market cap £2.2m makes you think what are management doing with the assets - nothing for shareholders

unfortunately no as there would be more sellers than buyers. Who would want to invest their money in management when you just have to look at the past performance over the years.

sell using the matched bargain facility at best price or hold and gamble that management do something to generate a return in the future although I doubt it based on past performance

on just 3 trades lol only 58m shares moves quick

priced at nearly x2 the NAV - some news should follow

mm's taking positions

2.6p options issued at premium to SP - news to follow no doubt the Directors have received shareholder approval for the capital reorganization that will be necessary before dividends can be paid. A further announcement will be made around the time of the Company's AGM. The Directors are pleased with the progress that the Company has made this year. The Company's track record and reputation are growing and the Directors believe that given the measures that have been put in place Marechale is well positioned to advance further in the year ahead.

on the move

issued - good to see http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20160915:nRSO9684Ja

nice one http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20160915:nRSO9684Ja

there may be more interest taking positions nearing the end of month results - if good price will seriously climb and of course if negative well you understand - good luck all!

would stop selling the price will go up lol

few buys - gives tick up