Member Info for Mullins58

0.35 paid

2.64 paid

Based on the RNS , Clogau Gold Mine will be producing gold near term. ATB

George Frangeskides, Alba's Executive Chairman, commented: "We are delighted to have secured this option over a portfolio of highly prospective gold licences in northern Tanzania. Tanzania is home to some of Africa's largest gold deposits, some of which are within quite close proximity to these optioned licences.

"At least two of the licences have near-term production potential, and we look forward to firming up on these opportunities in our technical due diligence and forthcoming site visits. We have secured flexible terms, including the ability to elect which of the licences we wish to earn into, and all earn-ins are structured on a phased basis with the most significant investment phases backloaded.

"To be clear, our current focus remains very much on the completion of our bulk sampling of the Llechfraith Target at the Clogau Gold Mine in north Wales. However, we have always been clear as a company that we will continue to seek out exploration and mining opportunities, especially underappreciated ones, which have the potential to add serious value to the Company for the benefit of our shareholders. That is how we found the Amitsoq mine and it is also how we found Clogau itself.

"More news will follow as and when it is available."

Https://www.londonstockexchange.com/news-article/ALBA/option-over-tanzanian-gold-licences/16757094

I asked the company if shareholders would have an opportunity to purchase the gold coins before the public. They confirmed they were making arrangements.

Oce, that's exactly my thoughts. I will be adding at this level. Atb

Herb, great post. Atb

Off to have my hair cut. Nice to chat. HAGWE

Not a lot of shares in issue for an AIM company.

At the date of last update, the Company’s issued Ordinary Share capital comprised 434,774,785 Ordinary Shares of €0.01 each.

Share capital

At the date of last update, the Company’s issued Ordinary Share capital comprised 434,774,785 Ordinary Shares of €0.01 each.

EQTEC plc trades on AIM on the London Stock Exchange. The Company has not applied to or agreed to have any of its securities (including AIM securities) admitted or traded on any other exchange or trading platform. With effect from 3 December 2010 the trading denomination of the Company’s Ordinary Shares of €0.01 each changed from Euro to Pounds Sterling. Following a Capital Reorganisation in December 2023, the nominal value of the Ordinary Shares changed from €0.001 to €0.01.

All shares carry voting rights and are free of any restrictions on transferability. No shares are held by the EQTEC plc in treasury.

At the date of last update as far as EQTEC is aware, approximately 32.49% of the Company’s issued share capital is not in public hands as defined in the AIM Rules.

Ownership

Shareholders owning more than 3% of the Company at the date of last update as far as the Company is aware of were as follows:

Altair Group Investment Limited (18.52%)

Pitcole Limited (10.74%)

This information was last updated on the 17 September 2024.

I thought this was quite positive.

Ian Pearson, Chairman of EQTEC, commented:

"It is a pleasure to welcome Brian to the Board of Directors at a time when the business is preparing itself for the future and driving significant change as a result. His experience and gravitas are very welcome, along with his passion and depth of experience with engineering companies and operational excellence. He is already proactively outlining areas of focus for his support to the business and, with the recently announced appointment of a new Operations Director in Spain, we are expecting this will lead to significant change and improvement in EQTEC's readiness for growth and scale as a leading innovation and engineering company. On behalf of the Board and EQTEC leadership, we all look forward to working with him."

Brian Cole, newly appointed Non-Executive Director at EQTEC plc, commented:

"I am delighted to join EQTEC at such a pivotal time in its evolution. The company's innovative approach to waste-to-value solutions presents a huge potential for growth, particularly as the world increasingly moves towards sustainable energy. With my experience in engineering and operational excellence within the energy sector, I am confident that I can contribute effectively to the strategic direction and operational success of EQTEC. I look forward to working closely with the Board and the wider team to help drive the company's ambitious goals and unlock new opportunities in the rapidly expanding market for clean energy solutions."

Https://www.lse.co.uk/rns/EQT/appointment-of-non-executive-director-yo0cnbagb4b5hfq.html

I've actually been adding a few at these levels. might be completely mad , who knows. I sincerely hope the company survives the current issues. Hoping some critical mass develops over the coming months. ATB

My , this board was excellent for research and opinions. Shareholders are all shell shocked at the moment. ATB

Https://albamineralresources.com/activity-updates/another-look-at-our-limited-run-of-commemorative-coins

The only new low today , is the way people are acting. HAGWE if its possible

Oce , a good opportunity to buy or add. ATB

Oce , nice post.