Everyone, make the effort and vote against the EGM proposal.
This will not prevent us joining FTSE main board (leaving AIM).
What we want to do is avoid domiciliation in Spain.
We can just stay in Cyprus for now.
Domiciliation is Spain will cost you 19% of your dividend for stock in SIPP and ISA. You will also lose in your current trading account (but can claim back, which is hassle).
Other problem with Spain: its about to be ripped apart (Catalan separatists have just joined the government).
History, Catalonians held illegal referendum on separation, and they voted to break away. There could be chaos in Spain.
Looks like management want to change name to ATALAYA MINING COPPER SA from ATALAYA MINING PLC ... voted against that. I thought we were going into the Zinc business (E-LUX). Are we only ever going to be a copper mine?
You have until Nov 28th 7pm to cast vote (according to Hargreaves)
We are all in agreement that ATALAYA is well managed and things are going well. However, the move to Spain is not in minority shareholder interest: the likes of Trafigura and Blackrock can put their shares on swap with a local Spanish custodian (or any major prime broker with operations in Spain). The only reason given for moving to Spain was that there was a tax issue moving to the UK. The details of this tax issue were not given, hence the thinking that it could be about management options.
I recommend you instruct your broker to vote against the resolution to move to Spain.
Alberto said himself if it does not succeed they will find another solution: lets get the London domiciliation back on track.
I think ATYM move to Spain most likely to do with management protecting their option positions?
If this is true then not really done for benefit of majority of shareholders who are small and UK based.
Vote against the resolution.
Management doing a good job but we will lose 19% of our dividend on stock in SIPs and ISAs.
Have you managed to use Tabys?
Need some help
- if you own POLY shares, where can you hold them in custody?
What have people done?
A lot of banks will not hold the stock due to sanctions and their compliance people just taking the easy option.
So where can one hold the stock?
Can just be custodial .
Many thanks
Need some help
- if you own POLY shares, where can you hold them in custody?
What have people done?
A lot of banks will not hold the stock due to sanctions and their compliance people just taking the easy option.
So where can one hold the stock?
Can just be custodial .
Many thanks
Surely this is a BUY?
Jesus ....
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