Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
The Slovakian chap at the centre of this 'bluster' as you describe it wants to get things moving faster, which is not surprising seeing as the Chinese and Americans are way ahead of Europe when it comes to the old white gold.
Opening paragraph, courtesy of Google translate:
"Czech Lithium, a member of Krupa Global Investments, a Slovakian entrepreneur, Pavol Krúpa, has offered the Australian company European Metals Holdings to purchase its subsidiary Geomet or to join it."
I haven't been in this share long enough to know all the ins and outs, but I dunno if they're trying to build up flurospar plays in various 'safe' western regions in the hope of being bought out at some time. If the company were serious, they surely would have concentrated on developing the MB project in Nevada and bringing in a suitable partner for starters.
That figures. This was over 11p in the Spring of 2014. I've only got a modest investment here at 1.35p, but it's still irritating seeing today's actions by market makers -- but that's how they 'make' a market by dropping shares on days like this.
In a world where every currency is going down against the US dollar and capital flows keep going stateside, I doubt that the US Dollar is going to seriously decline anytime soon.
@Baiki, there are some good junior AIM mining companies about, but you can count them on two hands. If I knew what I know now, then I wouldn't have invested in ALO, the precursor to CRA, and a few others, but you live and learn, and without making mistakes, you wouldn't learn. Even blue chips I've invested are down significantly, so this should put people on notice and to invest their money wisely (perhaps get out of the markets completely)
A growing lack of liquidity is going to be a problem in the west in the coming months and years, so the rest of the world is undoubtedly going to be affected first. So, you can draw your own conclusions about that.
If CRA could get things into shape, then they've got the possibility to survive the financial trouble ahead and benefit from an upturn in future. It's all up in the air, but I've lost a lot of my hope to cold hard cynicism. Good luck.
A handful of trades and people are running out of patience?? The board has done their thing. It is the Swedish authorities that have made things as difficult as possible, which will not be surprising to anyone who has had any dealings in Sweden. It can be easier getting blood from a stone in that jurisdiction. The company should have concentrated on their Nevada play.
I, and some of the old guard still here, were shareholders when this company was known as Alecto Minerals (ALO) in the recent past. And so I just read that suspension strikes again. Unfortunately, debt is a big problem these days in the world, and so is liquidity, so I'm assuming fujax essentially want a piece of the 'action' in the ground. I thought that day would come sooner rather than later.
Let's hope something positive comes for investors here, but it doesn't look good. Personally, I got most of my 'investment' (contradiction in terms) out at 5p, taking a loss, but still have a little holding here for what it's worth.
Good luck.
This type of fall is reflected in a number of FTSE100 stocks of late. All core European indexes have been going down for some time. Sentiment in Europe isn't great, not helped by these ratings agencies and their 'opinions'. Brexit is a factor in the UK, but it's not the whole story. As usual, the big players are milking the situation for all its worth.
The £ sterling will drop, as it is a reflection on the government in 'power' and the confidence in it. Shares should go up in proportion to the fall of the currency, reflecting the move from public to private. It's called currency inflation.
Capital Flows out of the Czech Republic have been on a downward path since 2017, picking up now and again. They picked up in July 2018 but are dipping again. Punitive actions against foreign miners will not turn out well for the country, in terms of overall confidence and foreign investment.
If it is any consolation, I was in ALO and they delisted for similar technical reasons as Lionsgold. The same fears about going private was raised on the alo thread and the likelihood of losing all of our wonga, but eventually the company came back as CRA. It did seem an interminable amount of time though, another 6 months (I think) after the delisting.
I'm not saying this company is the best thing seen sliced bread, but the graphite project has huge potential in this coming era of creative destruction, way more than gold.
Nah, it is just the usual 'sell the news' BS and people profiting from it. No wonder people don't like investing in shares. Too many sharks around for them.