The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Still in & waiting patiently to here what changes are afoot
So Matlot, we have a gentleman purchasing a large number of shares in a company & because it doesn't fit with your agenda, your scouring the web for negative links on people with that name. Your then asking a board full of people with screen-names if it's the same person. 1. How would we know? 2. It doesn't matter even if it is him, he's entitled to invest where he likes 3.if you're that interested why don't you call him & check? His numbers on the TR1. & Happy Gilmore, I don't even know where to start with you. I won't engage & hope admin can gently encourage you to post on a share you're invested in
Dear me this board is painful to read tonight. So many "I told you so's" who are actually wrong! There is no dilution coming this week, the shares have all been forward sold. Certainly a chance of a bit of panic with a shake first thing in the morning but the savvy will pick up cheap shares & hopefully be laughing when there are changes to the BOD & a new strategy published
Looks back on track now. Tbf after the big move on Friday, today was highly likely to be volatile. Fair play to all still holding. Onwards from here
Had a top up in this pull back. All gone a bit quiet awaiting the next move. I was worried I wouldn't get more sub 4p after the bright start. What will be the next catalyst - board changes? Increased holdings RNS? Confirmation end of confetti? I'm sure the guys are working hard in the background
It's certainly going to be a very interesting week with PTV. Particularly with there being so little action else where in a generally bearish market. I'm in two minds at the minute - hold or hold & top up? Siding towards the top up option. Will decide in the morning. A 7am RNS could make the top up very difficult
I second that JohnnyG, thanks Confounded. It will be interestingwhat info comes out of contact with the company this week in relation to the funding being secured as quoted by Simon in the article
It is worrying to read this but hopefully it's the government playing hardball. At least in our favour, there's no one else interested in taking Mothae @ present. Regardless of what exactly is going on, I'm very disappointed in how Manduca has handled everything
Take city investors unit's tweets with a tablespoon of salt. It is very exciting here today though. I'm hoping for 10p sort of area if we do see BOD changes. Hard to say with this share, just have to revise target as things unfold
I'm with them too. Please post their response! I would love to get access to the placings through my H&L ISA
Back in the game. Good to see!
I recall he tweeted on 4th Dec that the board were working with NOMAD to release more info. That's a full month & I think they owe it to us to explain the current situation
I would really want to hear of other brokers signing up within days of exclusivity period passing. They said before they were working with other brokers in the background. I too am disappointed not to have heard what the issue is & how they plan to resolve it. I don't think it's too much to ask. I still remain optimistic about resumption of trading & of the companies prospects
Im praying here for a Christmas miracle RNS tomorrow but the sad reality is that it's very unlikely. This Philphil character is comical. He clearly is a reincarnation as pointed out below. 20K & Major_LJ would be an AIM listed company too. I don't understand why he's calling Chauvelin a liar & getting so bitter. It's a discussion board. FWIW good luck tomorrow everyone
I have to agree with chauvelin. If it was that cheap to list on AIM, why would anyone bother doing a RTO with a shell? The cost of relisting isn't that relevant atm anyway. The point about them not working is odd. I'd expect them to be working but if Chauvelin phoned up & was told they were on holiday, that's very disappointing. PM has been very disappointing after all his extremely bullish interviews in the last 12-15months. It would be lovely to get a finance agreed & NOMAD on board RNS tomorrow or Thursday morning but sadly it's not looking likely
We all want it to do well but your wrecking heads all day! Give it a rest. Without a funding package there won't be a random new nomad. You mention we could have a new nomad with working capital - we don't have working capital so won't get a nomad & as said before if we did a quick placing & somehow managed to get a nomad, the SP would plummet because we'd no financing.
Sorry to go round in circles but they don't have working capital & it doesn't look atm like they are looking @ doing a placing so we won't get a nomad. The way I see it is we'll either get finance in the next week & therefore a NOMAD or else we will delist until finance sorted. Anyway, you're entitled to your opinion
Sam if they haven't got finance agreed a new NOMAD won't just jump on board. If they do a placing they'll get one but SP will be crippled. If they get finance in the next week, then all will be rosy in the garden
I second that - great post bigbite. Sam I think your missing the point, if they do a small placing, they have to resume trading & SP will be decimated. Ideally they get last minute funding & nomad steps in or they delist & relist in 2016 with funding is in place & at a SP in the 8-12p range
I'm happy with that. We know where we stand. Same boat in terms of needing funding but hopefully whatever these administration delays are, they can be sorted soon. I believe negotiating with the government will be fine as long as they get their cut when the mine is running. Crucially no suggestion that funding isn't coming, just that it's been delayed