Member Info for Logic2

Tb,
I would suggest, like you have alluded to, possibly some very specific information coming with voting rights attached the concept.
To be more specific, are the company going to say a deal is there on the table, shareholders will then vote on the cln (drawn down in 6 instalments monthly). I would certainly be voting for this. The cln would, as align have said provide the funds to complete the end game deal.
IMHO, GLA!

Patoir/TB,
Well said sirs!
Totally agree. Align have done the ground work and teed this up for a smashing drive down the fairway.
Over to John Taylor to communicate a clear end game roadmap with shareholders.

Well said Align. Clearly answers the questions we had about the use of CLN and warrants.
Also clarifies that we have reached the end game!

Patoir,
Thanks for the post. I think I understand what you mean when you mention Kenmare, I just think you have got slightly confused in putting the detail forward (easily done!).
My take is that the Chinese company have 50% and will be looking to wrap up 100% ASAP by negotiating a sale with PFP/Veloso.
PFP are obviously playing this the right way by talking about developing the mine, getting to final feasibility stage etc but in reality I don it think this is the plan.
I see a quick and probably lucrative deal for pfp for their share of the license. The Chinese state company will no doubt already have contacts in the area as they need the raw materials. Join up the dots and you have a successful mining operation (Kenmare) next door to the license area that are both well funded and already doing business with the Chinese.
I do feel it would be right for pfp do give shareholders more facts on who the Chinese company is and what there proposed next steps are (although I think they are holding this information as a deal is going to be swift). I would also like to hear a little more clarification from Align on the same subject. In the previous weeks their communication was very thorough but I feel the shareholders have been left slightly hanging by the last interview between align and John Taylor ( though as stated I think the reason for this is because a deal is lined up already).
All of course in my honest opinion.
GLA

Here you go, it’s on the Align research twitter feed. Well worth a read
http://www.alignresearch.co.uk/wp-content/uploads/2020/04/Pathfinder_Update_Align_April_2020.pdf

I think on a day like today it is important to remember the strides the company have made. PFP are now finally negotiating for a share (circa 30%) of the whole licence valued at $1billion US Dollars.
Align research have put together a very comprehensive research paper covering the full history of the license and the proposed route forward ( I would highly recommend shareholders read this).
The CEO has been as open as he can be in giving an interview in which talks about the “window of opportunity “ that has presented itself to finally complete a deal. A window of opportunity can close quickly and that for me gives clear guidance as to timelines to complete a deal.
With PFP’s history it is easy to panic but I would urge caution as we are in potentially a better position then the company has been for a long time. The CEO has invested in the proposed fund raise, he must have a reason to do this. He is obviously limited in what he can publicly say and the market does not like unclear timelines but the company is in a very good position to finally work a deal that will make the years of frustration worth it. IMHO, GLA

After many years of ups and downs the end is now in sight for long term shareholders.
Looking back to the days of SRB it was agreed that only half the license was being negotiated. The latest news that the Chinese state company have acquired 50% of the license and that PFP are in discussions with them and funding partners over the remaining 50% hints that good news may be about to land. The Chinese state company will not want just 50% of the asset! To spell it out, we are now looking at financial close for 100% of the licence of which pfp is a key partner.

Pfp are working with the Mozambique and British governments, do not underestimate this.
Align continue to hold firm as the main shareholder giving confidence that the project is about to reach its well known potential.
I do not think align will be ramping this, there is no need. They will merely spell out the facts that the project is now in the best position it has ever been in to close out a fantastic deal for shareholders, IMO,GLA!

If we go by the last RNS, then news regarding confirmation of ANS funding in the bank will be with us this week.

As investors what else can we do then read the official company information and base an investment decision on that. I hope for all investors that KEFI and related partners realise the importance of delivering on their word. GLA.

https://www.thenews.com.pk/amp/603180-pakistan-rejects-us-claims-on-cpec-financing

I have thought for the last few weeks that news is coming, does this article confirm that? Suggests to me that finance is competed, that combined with the CEO in London next week, all looks promising.

Agree, something going on here, things starting to take shape.

At 2pm, 5 million shares, RNS soon? GLA

It’s been a long time coming. Hopefully a fuse before news!

Following the last big RNS there is clearly so much to look forward to. The next stage is the funding agreement and there are strong rumours this RNS could land any time.
I do however have questions over the authenticity of the twitter account of the Oracle CEO? Can anyone confirm this account actually belongs to her and if so provide some evidence to support this.
With news on the very near horizon things are looking very positive, as it Stands I would rather stick to the company information on the rns’s rather then relying on twitter unless somebody can persuade me otherwise?

I agree Patoir. The Rns was positive although slightly nuetral. The 3 month extension is the longstop date. This gives the company the chance to conclude a deal, who’s to say it won’t be much sooner?
I like you take confidence in Align being involved, the BOD being incentivised in deferred pay and AFG only receiving payment on a successful deal.
I am very wary of recent trades and the timing of tweets linked to these trades. If anyone is trying to make a quick 10/20% then good luck to them but my thoughts are for the bigger picture and the comclusion of a deal that we are all waiting for. Will it be next week or next month? Who knows, I do however feel that this may finally be about to come together based on the evidence provided in recent rns,s. GLA/DYOR and all that.

Credit to Richie 666, he’s just posted this on twitter showing continued support and belief in pfp, is a resolution finally in site...
....We have fielded some Q's ref Pathfinder Minerals #PFP Yes we still hold all our shares and yes we reiterate prior comments per here - alignresearch.co.uk/pathfinder-min… We remain restricted and can pass no further comment.

Bugzy- good post. I agree with what you are saying. My concern is that we are in the same position as we were in 10 weeks ago (end of afg contract and silence from company). That ended in an extension to afg and align putting out press re a positive outcome due in 10 weeks. Recently there has been absolutely nothing from align, I respect the support Richie has given shareholders and i am hopeful he is silent for a reason but I am
uncomfortable with the similarities to 10 weeks ago.

The most disappointing thing for me is that they positively pushed it for a long time, put out news story after news story and now just stone cold silence, just left shareholders high and dry.

Is this align saying that PFP has gone wrong?.......
This year we have concentrated our coverage into those top 5 picks where we have the most conviction in price v fundamental reality rather than 10 in previous years. The lesson we have learnt over the last 4 years of operation as one of the most innovative research houses in the UK is that management is EVERYTHING in small/micro cap companies. If there is even a sniff of management integrity and capability being compromised or in question the cure is simple – sell. Do not hang about hoping it comes good – it doesn’t. Bad management does not ever become good. Just take a look at the companies where we have cessated coverage and see what has happened to their stock prices following that cessation point – in all instances material declines ensued.

The other lesson we have learnt and that we STRONGLY recommend to all our followers is that when you have a meaningful gain on a position in the order of 50%+ ALWAYS, ALWAYS derisk. The ideal position to be in is one where you are playing with “house money”. Small caps ARE high risk – this comes from reduced liquidity, absence of larger balance sheets, management concentration/risk and a greater susceptibility to jurisdictional risk, in particular companies operating in overseas regions. We repeat, the primary focus should be on trading these companies rather than sitting in them forever and a day. Almost all our picks usually provide the opportunity for a trading gain – use this to your advantage.

I’m not sure if they are buys or sells but I have to agree that things aren’t looking great. Align keep making reference to #pfp in occasional subliminal tweets but other than that the silence is deafening.

Completely agree. It’s the first time in a while Align have posted on pfp so good to hear they are still supportive. Will Richie boy come on here and give the genuine shareholders some hope by way of a post/update. He’s done it many times in the past so would be good to know that talks continue. I’m genuinely interested in most shareholders comments on this board. Some are understandably concerned for the future while others are blatantly against the company and I’m doubtful the latter are even shareholders? Here’s hoping for news soon, good luck to all genuine shareholders on this board.