Member Info for LuckyLaurie

2/3

This Stay Order was granted by the Court to specifically protect the JV's rights until the matter was resolved, and the Company following legal advice see no reason why it would not remain until such time.    

Not surprisingly, after 11 years of ongoing delays, no fresh arguments have been introduced by the GoR in its reply. It simply reiterates the same three points made many times previously.  These are:

1.          Metal Mining India Pvt Ltd (MMI) did not qualify under Section 10A(2)(b) of the Mining Act amended in January 2015.

Panthera Comment:  Section 10A(2)(b) provided an exception to the rule requiring all resources to be granted via an auction process and protected the rights of those who had carried out reconnaissance work prior to the 2015 amendment.  This argument by the GoR has absolutely no basis, as the Directorate of Mines and Geology, Rajasthan, (DMG); Mines Department, Government of India; and the Joint Committee comprising of the DMG, Indian Bureau of Mines (IBM) and the GSI have all found that our PL application satisfied all conditions necessary to be saved under Section 10A(2)(b).

2.         The PL area was not free at the time of the grant of the initial Reconnaissance Permit (RP) in 2004, thus MMI doesn't have preferential rights for the grant of the PL.

Panthera Comment:  This argument is again baseless as the area in question was declared free by the GoR's own notifications prior to the execution of the RP in favour of MMI.

3.        The RP was granted in favour of Metal Mining India Limited and the PL was applied for in the name of Metal Mining India Private Limited Limited and the change of name represents a change of entity and hence an illegal transfer of ownership occurred.

Panthera Comment:  This argument is again baseless, as is laid out with absolute clarity in the Indian Companies Act of 2013, by simply changing the name of a company or the structure of a company, the identity of a company does not change. The GoR was informed of the change in the name of MMI and there is long history of communication from the GoR acknowledging this change. Thus, this argument too lacks substance.

Panthera is now in the process of preparing a detailed rejoinder to the reply, which will again counter the points raised by the GoR. Once the rejoinder is filed in court, all pleadings will be complete and on record. The Writ Petition can then be put up for final hearing and issuance of judgement.

3/3

RIM Funding

Further to the announcement of 23 October 2019, the final £100,000 tranche of the recently announced £500,000 financing has been received. Application will be made to the London Stock Exchange for 1,300,000 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 18 November 2019 (Admission). This includes the settlement of £30,000 (300,000 new Ordinary Shares) previously received from RIM which the Company were waiting to settle pending receipt of the full £130,000 split tranche amount.

The £500,000 financing was priced at £0.10 per share and was made possible by the renegotiation of Tranche 3 of the 3-stage financing agreement between RIM and Panthera.   

The remaining £1,000,000 of the Tranche 3 RIM financing, combined with the US$750,000 committed through the Galaxy Gold transaction, will provide approximately A$2.6m (US$1.8m) at the appropriate time to begin drilling out Bhukia's 6.7Moz exploration target as defined by the GSI.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued Ordinary Share capital of Panthera following Admission will consist of 75,210,751 Ordinary Shares with voting rights attached (one vote per share).

Https://www.tradingview.com/symbols/LSE-VOD/technicals/

Looking Extremely STRONG

Probably the short position closing off or reducing.

Extremely positive RNS and Great Dividend

Overall better than expected revenue Growth …..

The group, however, reported better-than-expected revenue growth of 26.4% to 151 billion rand ($8.21 billion), with service revenue surging 29.1% to 120.9 billion rand, benefiting from the acquisition of Vodafone Egypt.

Analysts, on average, had expected group revenue to climb to 146 billion rand, according to LSEG data.

Looking like a Strong Buy

https://www.tradingview.com/symbols/LSE-VOD/technicals/

The Singapore International Arbitration Centre says it recorded its second-highest number of cases in 2023, with an overall value of US$11.9 billion.

This could be the reason for delays ?

72.28p for me please 🙏

Https://www.tradingview.com/symbols/LSE-VOD/technicals/

Strong B U Y

That’ll Work 🥳🥳

Makes you wonder why these directors would Buy sooo many shares if they didn’t believe they were a Bargain!

27-Mar-24 Buy Van Boxmeer 69.00GBX 823,500

15-Mar-24 Buy Luka Mucic. 69.64GBX 2,460,000

72.27p for me please

The Vodafone CHAT app is Amazing and a real person deals with any genuine issues Immediately, I speak from experience and recently when abroad when I had a problem the issue was solved within 20 minutes and I was up and running …. BRILLIANT 🤩

I think your luck will change, keep the faith and believe in yourself, do that and anything can happen 🥳🥳

Hopefully breakout tomorrow …..

The Company Does Not Believe It Will Be Likely To Recover Any Value For Shareholders

Is not the same as - it will likely recover value for shareholders? (Which it hasn’t said)

72.28p for me please 🙏

If the 3 merger goes through we will be over £1 , the other great advantage with Vodafone over BT/EE is their High Street presence, you can walk into any of their shops and resolve any issues, very difficult to do the same with BT/EE as they have little to no High Street presence …..

Anyway, good luck Dave

I’ve just had a similar issue with BT/EE, they cancelled my order 3 times 🤷‍♀️ wtf, they are all as bad as each other. I’ve been with Vodafone Mobile for over 30 years and Brilliant Home and even better abroad 🥳🥳

Good to see you showing some interest in a FTSE 100 mrc , I remember you from the old days of the dreaded Emh & Kdnc 🙈 I got out about 5 years + ago , never commented much but somehow you remained measured …..