Yesterday, 1st day of dealings, Mon 23 Mar 2020, the London Stock Exchange Twitter A/c [Verified] tweeted:
"Congratulations to fintech platform @SupplyMe who joined the LSEplc Main Market following a reverse takeover by Abal plc."
https://twitter.com/LSEplc/status/47508924690432 [Short Video]
As for the share price, the spread advertised is 0.2 to sell and 2p to buy.
However, in one*s account, the balance does n o t show it is 0.2p to sell as its more. However, one cant get l i v e price unless one telephones the broker as there is still no live online quote.
Day 2 of SYME [formerly Abal plc], Tues 24 Mar 2020.
SYME shares [formerly Abal plc] - Those in anyone*s ISA A/c were transferred to the normal account given Abal was delisted from AIM. SYME is now listed on the London Main Mkt as of today.
The bid/offer price is 0.2p to sell and 2p to buy. Prior to delisting from AIM, Abal plc was around 0.85p.
The broker does not allow online dealing for SYME.
Mon 23 Mar 2020.
PMH Capital on Twitter tweeted:
"Looks as if we have a new stock arriving soon on AIM, via a reverse takeover of ABAL. With a pro-forma marketcap, and raising $42.2m- @SupplyMe is a fast growing fintech firm that monetises inventory for businesses with a TAM of £1.9 TRILION." https;//twitter.com/CapitalPmh/status/1235462933561434113
8 hrs ago, Thur, 5 Mar 2020.
Just posting what was on the Twitter Abal thread today.
P.S. TAM = Total Addressable Market.
4 hrs ago [tweeeted by above], Thur, 5 Mar 2020.
From a quick read, it appears to say production 2022-23 for Newcrest-GGP*s Havierion, Paterson, Western Australia. Do check.
Broker*s internal message quoted the AIM rules and that Abal has been delisted from AIM.
As such, it cannot be held in an ISA. It has to go into an Ordinary Share A/c or if one wished, the broker would send a paper certificate. The broker said to let them know one*s decision. If they dont get an answer, they will put the Abal shares into the investor*s Ordinary A/c.
Kindly check as that was the message to me said via the broker. Others may be different if they have different brokers.
As I said in my earlier posts a few days ago [can still see the posts], Abal is still live in Companies House and next a/c is in Mar 2020. I gave the LINK to Co*s House.
So, the money is still in Abal from the sale of the business. If they cannot do a Main Listing, they can REDISTRIBUTE the money in the bank of some $1m + milestone from recall but please check the RNS? The money still belongs to shareholders technically and legally? The money underpins the share price at close?
Tues, 25 Feb 2020
"He wants to shift the gravity of economic decision making away from the capital ..and setting up a Campus in the North of England to do that."
"The TEES VALLEY is reportedly a possible site for the new hub and the 1st staff are expected to move there in 2021."
From Sirius Minerals info, the potash goes from o/s of the National Park to TEESIDE on a conveyor. Tees Valley Major hails role of Teesport.
--So, that appears to be the same spot.
JOHN TREACY ON LINKEDIN:
"John Treacy: Abal Group plc.
Corporate Finance Professional.
Non-Executive Director ABAL Group Plc: Nov 2018 to present- 1 yr 4 mths.
Eight Capital Partners plc
Jan 2018-Nov 2019 -1 yr 11 months."
So, Mr Treacy is still live for Abal Group plc which is also so at Companies House [Abal Group Plc].
"SIRIUS MINERALS YORK POTASH"- Mining Technology
"The project site e x t e n d s approximately 16.5 KM ONSHORE, and up to 14KM OFF-SHORE in the Southern North Sea."
Sirius Minerals is now featured in Mining Technology, a site that archives mines or discoveries of import usually.
So, Poly 4 is so extensive that it goes out to sea by up to 14KM.
The above was in today* FT/Commodities, Thur, 20.2.20
CEO of Anglo said Sirius Minerals Poly4 is a "mult-nutrient - low chloride. Can be used as a organic fertiliser for organice food. Thats a big advantage. Very low carbon footprint. Demand for crop nutrients is tipped to rise over the next decade."
Eight Capital Partners are listed under the ECP ticker and are shareholders of Abal plc. On the London South East, one can find the forum and read their RNS to see what is the latest with their Abal shares they own.
Thur, 20 Feb 2020.
"It is not known how the company*s largest shareholder Jupiter will vote as the money manager has stated it wants to see another bid put together so Sirius can stay on the stock market."
Link: https://www.standard.co.uk/business/crispin-odey-fund-rages-at-mockery-of-anglo-s-bid-for-ailing-miner-sirius-minerals-a4366086.html [Evening Standard, Wed, 19 Feb 2020 re: SXX]
"Abal Group Plc at Companies House. Co. UK [Free info]
"Company Status: Active"
"Next Statement Due: 1 Mar 2020 DUE by 15 Mar 2020."
"Next Accounts made up to 31 Mar 2020 due by 30 Sep 2020."
Click Icon "People"- 2 directors ie Charles Simon ["Active Status"] & John Michael Treacy ["Active" Status].
It appears that the co is still registered with Companies House, UK and has an "Active" status ie corporate wise, still alive?
Just checked, Wed, 19 Feb 2020.
"Greatland Gold becomes a 50 bagger as the upside at Havieron keeps coming."- Proactive Investors, Fri 14 Feb 2020. [By Alastair Ford]
"Once worth close to nothing. GGP £200 million market cap - Risen 50 times."
GGP was once 0.10p. High for 2020 5,.89p.
"When you*ve got one of the most exciting exploration plays in the Australian resources sector.... with the Rockstar Explorer considering divesting 2 Tasmanian projects to allow it to focus on its main game at Havieron in Western Australia*s Paterson province."
"Greatland are roadshowing in Sydney on Wed, hoping to build local interest in its London listed shares which have more than d o u b l e d over the past 2 months on excitement over Havieron."
https://twitter.com/Share_Talk/status/1224690029190139904 Tues, 4 Feb 2020.
"London based gold miner tees off Apple Isle sale."-Australian Financial Review, 4.2.20.
The share price of Greatland Gold was 1.08p when it reveal the visuals for Hole 5 at its flag ship gold project at Havieron. The visuals told the story Today, Greatland Gold closed at 3.78/3.88 +12.65%.
Tues, 4 Feb 2020.
I quoted from the Mining Maven report of today. Mining Maven is on Twitter and you could tweet to Mining Maven.
I quoted yesterday Dolin which is in the process of permitting etc with 39 Moz ounces of gold [JV with Barrick]. You can look back in my post yesterday for the link which was provided by kirillklip who is CEO of a Canadian mining co.
On Twitter, even for Great Bear, people on the Canadian forum are using US$200 for their project [exploration].
For the avoidance of doubt, I quoted Mining Maven because their figures are based on the US$200.
So, NOT my figures nor for Donlin gold project figures.
From the Mining Maven report:
"Saracen Minerals on the Australia ASX with 9.2Moz has a market capitalisation of A$2.7bn using US$ 2 0 0 .3 8 per ounce valuation.
Evolution Mining [ASX] with 14.7 Moz , Mkt Cap A$8bn - US$ 3 7 1 .57 per oz valuation.
Ramelius Resources [ASX] with 2.34Moz , Mkt Cap A$796m - US 2 3 2 . 2 7 per oz valuation."
"The Elephant in the Room: How large could Greatland Gold and Newcrest Mining*s Havieron be? With recent drilling establishing Havieron*s dimensions for the first time, we look at how much gold it could really contain."-Mining Maven, Tues, 4 Feb 2020
For the calculation for Greatland Gold*s Havieron, Mining Maven used the lowest conservative $ 200 per ounch for Australian peers as above.
Yesterday, I quoted Donlin at US$154 [Canadian gold project] which was conservative.
This was the topic of discussion on this forum and elsewhere. So posting to provide the backup.
Newcrest started reporting drilling results for Havieron [farm-in with GGP] in 2019. Their ANN or RNS as they call it in the UK was officially headed:
"Further h i g h g r a d e results at the Havieron project."-10.9.19 [Hole 10-14]
"Exploration Update: Drilling returns h i g h g r a d e results at Havieron."- 2.12.19 [Hole 14-18 with Hole 19-33 at various staages].
Newcrest released their Qtr Activities Report on 30 Jan 2020 [+Exploration Report ] for Havieron Hole 19-36. However, they did n o t provide guidance like the last time on the holes they have in progress. One can calculate roughly how many holes they have completed.
Greatland Gold*s RNS on the Newcrest drilling results were headed differently.
So, from Newcrest*s perspective, they deem Havieron as " h i g h g r a d e" and called the latest results on 30.1.20 as "G r a d e s l ik e these are r a r e."
[Newcrest tweet of the results https://twitter.com/NewcrestMining/status/1222637764417425410
On this forum, people were discussing what was meant when Newcrest said "grades - rare" [in the Paterson region]. Well, their ANN as above clarifies?
Mon , 3 Feb 2020