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that ALO have there AGM on 23rd May, so the EGM for CHC could possibly be on the same week.
we will relist, but as the deadline is closing and we still need an EGM to approve the deal, which obviously will be approved, I just think they are playing it too close to the deadline.
I cant believe they still have not release an RNS stating the deal is complete. I know it takes time to create an admisission document and to appoint the new board changes, but this should have already been done. Come on CHC. GL
tomorrow. GL all
Massive quartz sulphide veining at Kazaniteh area (road cutting). Reconaissance sampling returning up to 7.6 g/t gold and over 100 g/t silver Quartz sulphide veining at Touchi Dol mine dump. Grab samples 3 g/t gold, 158 g/t silver and 4.4% lead. http://www.proactiveinvestors.co.uk/genera/files/companies/KEFI-ProactiveInvestorPresentation.pdf
Just a heads up on a share, Clontarf Energy- CLON- is another share with a lot of potential. DYOR. GL All
DC Resigning as Managing Director, has now left our company without a leader if you will. Greg Kuenzel will most likely remain as a Non-exec Director, but will not take up the position of MD as he is already running Noricum Gold. Therefore, we should be expecting more news on who is taking the helm at CHC, and we all know that a reputation can make a share price rise, which in my opinion will be also good news for our company. Name change on the cards as well. GL All
just paperwork need completing which Greg Kuenzel is completing, so an RNS should be on the cards either Tuesday or Wednesday--- But don't expect a 7am RNS. The reason Damian Conboy resigned was the deal was done, he found the asset and the due diligence was fine ti complete, but he remains still active in the company due to ALO holding 10%.
News should be next week announcing an EGM to approve the deal and we will relist on 23rd May. GL All
I wont lie that if this hits 1.5p when we relist, I will definetly sell all my shares and move on. I am really hoping this gets to that price as it would make up for all the months patiently waiting. GL All
luckily I didnt lose £20k lol, I had 20k shares but did lose a lot of money, but if CHC multibags on relist next month then hopefully I can forget about DES and just stay away from oilies lol.
when we relist, we will have an asset so it is unlikey we will open at 0.35--- which if it does I would be shocked and appalled as the raising is at 0.35p, so we will be multiple times that in my opinion,- as 0.35 share price will give us a Market Capital of 5-6 million pounds- discounting what the actual asset is worth- and I antcipate we should be worth at least 12 million so my opinion 0.8p will be a fair value for CHC---- Hopefully CHC wont be here any longer when we have a name change :)
I think it is a bargain and dont think anymore sellers left- Back to 25p short term in the next few days. GL All
all, think this is a massive overreaction and this is my first buy into an actual Gold producer. GL All
I am just assuming May as it takes a few weeks to sort out the paper work and admission document for the RTO- so most likely we will get another update this month stating an EGM in May to approve the deal, then relist possibly between 18-31 May as they wont take it down to the wire in June, so I am still confident a May relisting and then we will boom like the other shares which have went up so high- SAR, REM, SOLO to name just a few. Also, we will be having a name change most likely so that will also need to be approved. GL
So I am very happy that we have not been screwed over like other shares which always place shares lower then the current share price. This shows to me that the BOD are very confident in the company and they have institutional investors willing to back them. 0.35 x 500 million shares = £1.75 million. So we will definetly be relisting at a much higher price because we finally have something.
Delighted that we have an asset, and we will relist in May. Looking at DC resigning, I think he was just here looking after the ALO investment, so this deal is completed and his job is done. With the new brokers, Beaumont Cornish, we will easily be able to raise funds just like Greg Kuenzel's Noricum Gold. I am hoping for an opening of 0.4 and this will definetly get to 0.8p. GL All
# 2,175 of 2,176 - AimShares # 09/04/11, 10:30:29 I phoned CHC on Friday and asked to speak to DC but was told he's not in the office and a guy called Oliver spoke to me , he did not give alot away he just said there will be a update this month on progress regarding charles street . When I asked would it be gold or oil were going into , he said at this time he could not tell me and I would have to wait for the update this month . I asked will you get it sorted before the deadline he said there very confident it will be sorted before the deadline . And last question was how many projects are they looking at now he said there down to 1 project now and the CPR is nearly complete for that project and that's all he could tell me at this time and I would have to wait for the update this month . Well after that conversation am still confused if there going to make the deadline . But he did sound confident that they will relist before the dead line ,well i hope they do realist got to much of the bloody shares
I fully expect an update this month regarding the investment or acquisition, then we will relist sometime in May. I have full confidence in DC and the Board that we will relist before June 10th. GL All
For me, it is a question of when we relist, not if. I am just hoping that they relist as soon as possible, hopefully this month we will recieve news about the acqusition and the details surrounding it and the placing and fund raising that will be required so the the admission document can be published. Then during May we should have an EGM to get approval from shareholders, then we will relist sometime in late May. GL All- I would be more then happy to relist this month but it is unlikely in my opinion, but we should recieve news hoepfully soon. GL