Hi Tenantry....see below link to notification of Extraordinary General Meeting on 30 March;
https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=4254499&lang=en-GB&companycode=n-nom&v=
A good way of keeping up to date is subscribe on their website, link as follows;
https://www.nordicmining.com/investors/subscribe-investor-information/
I have sent them an email politely asking how this private and subsequent (repair) offerings benefit me when the price would have to go up to NOK 1.93 before I go back into green territory (and that is after I participate in the subsequent / repair offering).
dave, what do you mean go back down....to what? couple of pence here or there does matter one jot. it's sheeite and totally unsupported by KC et al.
All external signals look good, besides having the BOD we have. I have been supportive in the past, but defo running out of patience....GLA
ditto on your sentiment, especially the link to Keliber as that was one of the main reasons that attracted me to NM. And now, I think I'll be hanging around for the estimated 50 - 80% dividends (as forecast in latest presentation) in a short couple of years time. Funny you referencing the current SP as I was just re-watching the recent podcast - https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20230207_2
Around the 21:40 mark they specifically reference the impact of the private placement on shareholders and indicate all new, old, large and small will benefit. Doesn't look that way on paper at the moment. Think may ask them where my benefit comes from as it's not really apparent at the moment.... ;-/
Hi Tenantry, I think if you'd sold pre March 2nd you would not qualify for the 'repair' offer at 0.6 NOK. This is a 40% gift on the present price, and if held long term, IMO will be a lot lot lot more the nearer we come to production just a short distance in the future (2nd half 2024). A breath of fresh air getting fully funded (with a very decent contingency and working capital = total usd 55m).
Looking forward to the subsequent (repair) offering which I hope will double my holdings for a miserly 4.8p per share.... GLA
Savannah Resources seem impressed....GLA
https://www.linkedin.com/posts/savannah-resources-plc_participation-of-maro%C5%A1%C5%A1ef%C4%8Dovi%C4%8D-vice-president-activity-7037431892689739776-btC5?utm_source=share&utm_medium=member_desktop
https://www.cez.cz/webpublic/file/edee/ospol/fileexport/investors/investment-stories/2023-02_cez-investment-story_en.pdf
The Feb 2023 presentation is a very informative report confirming just how big our partner really is. And if you want to cut to the chase, go to page 41 (specific to us), my take - FID happening 2023 and they reiterate again that mining unlikely to be 'fully consolidated' in the footnote;
* Values of EBITDA and Capex represent 51% stake of CEZ Group on lithium mining project and 10% stake on battery factory. These projects are
unlikely to be fully consolidated.
GLA
Agree sporazene, been saying the same for a while now. Did I not hear a little while ago the KC is over in Europe for a few weeks? IMO it would be good for EMH to have another string to their bow, and to have access to raw material that they are not sharing with CEZ. If this were to happen, it would open up a whole new ball game and very interesting new scenarios... GLA
is just about upon us. I've been in this since Aug 21 and seen some good steady progress throughout this time, even though we've had to fight through the courts (x 2 wins and pending result from Supreme Court). Final part of the financial jigsaw is also about complete (private placement & repair offering) to be voted on at special meeting 3 March. I really rate the way these Norwegian companies are run (also have Freyr), and hope to participate more in the repair offer....GLA
and things will start to move. It is about time that China (and India / Saudi) started to make their influence with Russia count, after all, they do want to show how strong their Global influence is? We will see at the end of the Munich Security Conference (I think today), the Devil is in the Detail;
https://www.theguardian.com/world/2023/feb/18/chinese-peace-plan-for-ukraine-greeted-cautiously-by-the-west?CMP=Share_AndroidApp_Other
Hang on ...why should Governments (EU) be expected to be the banker for private enterprise that is expected to make hundreds of millions in profit?
If they want to speed up, get on with it.....but no, they want cheap public money.
Thanks starf, there is an acceptance in there as things line up to a really good first half of the year. Also like that DF has just recently in an interview said that the re-admission of the EIA is ahead of the March 17 deadline....GLA
And EIA ahead of schedule.....GLA
https://youtu.be/nLGdNDwtpjI
ATD, thanks, and all you correspond to is correct. But it could be a post from 6 months ago as nothing has really changed and the Mat does not inspire me with confidence at the moment. If he does not know how to keep his backers on board, what hope progressing through to production....GLA
Thanks wasa....get what you say and would generally be in here at least until production as that would be my normal strategy. But as I have a better short term (and long as they will be producing by 2024) opportunity participating in the Nordic Mining 'repair offer' coming up soon, and ACP is the least likely of my holdings to move up in the near term IMO as no news to even hint otherwise, then cash has to be freed up. Most likely keep a small interest, and may come back later, but better opportunities elsewhere at the moment. GLA
I'm normally a long term holder, but sorry guys, the lack of news and respect from Mat I think tells its own story. There does not seem to be any reason to hang around here and tie up good cash after already bad loss (down 60%), so think I'll take it on the chin next week. Whats left can be better deployed in NOM.OL repair offer.
Good Luck to yous all and may catch up again on any news.