Member Info for madsktpan

are about 2 months away (late September). They said they were using some of the funds from the COSE disposal to leverage down the black hole of debt/liabilities. Surely, never has a Company burnt sooo much money over a 15 years period with sooo little to show for it?? I hope Messrs Craven + Humphries + Prickett aren't benefiting financially from this sad state of affairs. They should be bowing their heads in shame. It all went seriously downhill imho after Marc Sale felt he had no choice but to depart.

I find moneyam.com pretty good. It's free and gives live streaming. Not delayed pricing like here.

Aye ajinbali........ about a week's time should see commissioning complete and first pour. Hopefully there'll be a photo shoot of the event posted on the Company website. I remember getting all excited with the first pour at Lomada thinking PGD had at last arrived at the promised land. Sadly not to be and all the revenues from Lomada got eaten up in expenditure. Hopefully Cap O will be different. Larger volumes + healthier net margins. Maybe the House Broker might wake up and get a bit action going to back the activity up???

They have of course already published a resource estimate. D'oh. And then confirmed it again in last RNS. It's about 6 weeks until they can advise on actual production numbers. And future forecasts.

to attract an institutional investor. Nice regular chunky buys. Then regular production updates. That'd make the sp shoot up for sure. But I guess PGD's street cred needs updating first before the buyers & rampers return.

Almost as exciting as watching paint dry. News due soon imo. All good. Watch this space.

of the situation is that all that's happened is Plan A has hit the buffers and as a result they're having to quickly cobble together a Plan B and that necessitates a fairly significant fundraiser. And MJ is putting everyone on notice that simply HAS to be a success or it'll be Plan C and curtains. All seems reliant upon a bullish Prospectus (probably being prepared) to raise sufficient funds then. Get your cheque book out!!!

Looks like he/she may have known this was coming with his/her yesterday "I'm done posting here". Two working days after the AGM and this saga takes a dramatic turn. Having an AGM at 4pm on a Friday always sounded a tad iffy to me. Just goes to show having a critical analysis approach to these companies rather than wearing rose tinted specs is highly advisable. The AGM was to pass the resolutions as per the RNS above. A number of key things I took away: 1. The Readmission is waiting for compliance approval from AIM and in effect it is being treated as a new IPO, so Pathfinder doc, Long form, Short form, institutional presentations etc have to take place, because Mowana is now operational a new CPR report has to be completed, this has caused delays. 2. They have money in the bank to see through to readmission. 3. Once AIM sign off on the documents then a shareholder meeting will be called to agree the readmission, 14 days notice has to be given to shareholders. 4. Monies being raised on the readmission amount to no more than 3 months revenue from Mowana production. 5. Kossanto is progressing well and Randgold are looking at a much larger area to produce and updates will follow. 6. They are looking at a number of possible funding partners for Matala including the existing Chinese one. They are very confident and pleased with the progress they are making, if anything they are frustrated with the red tape of AIM, which rightly so has to have everything verified based on the facts. There should be a serious upside rerate when this relists. Although they cannot make predictions a market Cap figure in the hundreds of millions was mentioned to me once the revenues they have already secured are recognised.

Nothing negative about my posts. Just stating facts & the truth. Unlike some posting absolute ramping garbage.

Exactly harpmandoodle. Re-admission doc almost certainly state date for a GM or EGM & vote on RTO. Or be done in tandem. Some ignorant nonsense being posted on here.

......and you can cut out the public school boy playground "bless your simple brain".

Pretty sure Jones said in a previous RNS (or similar) that he planned to hold a GM regarding the RTO. That or an EGM is legally the correct procedure under AIM rules & regs.

......... and have you seen any Resolution regarding the RTO being proposed at the AGM at 4pm today????????

LOL........ you can't legally do that!!!! I fully appreciate a vote is a mere formality......... but you have to tell/ask all the shareholders to vote on any major proposal like a RTO.

I thought share trading was suspended primarily because of the RTO. And share trading would re-commence when RTO is approved by shareholders. But that can't happen until a GM is called. And that takes 3 weeks to give notice etc. Have I got that wrong???

Not that great a start after 15+ years ;( Lost count of the investment/expenditure here to date. Must be near £200 million. Not a good IRR for sure. Hopefully at today's price sp is cheap as chips. Know you were joking about divi. At least I hope you were.

reported @ 1.569p are buys not sells.

Well, the way I read it is IF they produce the quoted production numbers for the rest of 2017 they should conservatively generate a net profit of $3 million each & every month. Could potentially be more dependent upon other factors. Deliver on their projections and a bit of pro-active investor PR for once and sp could improve quite dramatically over next few months. Projected earnings not too shabby for a Mkt Cap Co of currently circa £25m. Hope springs eternal.

News due soon imho. All good. Lots going on. Uruguay a roaring success after 18 months of signing deal. Watch this space. Cash is king. Where have all the misleading ramping ****wits disappeared to from years ago?

Maybe they might try and take company Private? It'd not be the biggest surprise if they did. Frankly it must be a very tempting proposition for them to do so. They must be sitting on a MASSIVE paper loss at the mo. And going Private seems as likely as any further major Placements. It's only the CP that are mainly contributing to any recent Placements. That's unsustainable.