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Maybe the clearest and loudest message investors could send would be for no one to turn up!
Don't want to comment on the existing 'projects' owned by this Company but DR's mantra of avoiding dilution seems to be a distant memory in the effort to chase more pots of gold at the expense of PI's and especially Long termers.
I went to 2 meetings and met Dave Reeves both times - absolutely top bloke who worked bloody hard to push the efforts of the company - apart for developing a good and friendly relationship - it did me diddly squat good. His replacement appears to lack any sort of communication skills - so a meeting would be interesting.
I don't tend to comment on here much at all these days but in my long long experience (over 10 yrs) of FRX/KRS - an investor meeting generally only means 1 thing............
I was assured that the Walsall meeting (anyone remeber that night lol) was not about raising cash......
Genuine best wishes to all but I remain firmly convinced that AIM is nowt but a crock
fab thanks Jim - hope you 2? (and everyone else in here from the old days - not sure how many are left lol)
Surely KRS/FRX is anything but JUNIOR after all this time? I will accept 'adolescent' or 'teenage' - some LTHs have been around that long!
GLA
Hello all,
I still keep my eye on things here - hope you are all doing OK after what has been a totally crap year what with one thing or another.
For information - I use Degiro (for trading a share currently on the CSX) and I just had a look and Calidus is listed and I was able to buy (if I had any cash!) - the platform/trade fees are minimal - usually about £6-7 per trade from my experience thus far. Getting cash into the account has to be done from your bank account (you can't transfer funds using a debit card as most others allow) so funds can take 3 days to land in your account. Other than that it is very straightforward. Good Luck
If it isn't too early - I wish you all the best for the festive season and I hope 2021 treats you all well - There's a sign of a reversal perhaps? I first invested in FRX in 2012 lol.......
cheers OM
I no longer hold Sanar but I suspect KRS wouldn't still be here if the split hadn't happened. Splitting the Gold project onto ASX was the only way to get value recognised (at the time) - given the level of investment that has been raised to achieve what calidus has done so far - just don't see that AIM would have delivered that - or got any other backers interested (ALKANE). The level of dilution from AIM finance would have wiped out the value - all IMO.
Good luck all with continued hold here
GC actually stated in interview that STEM and SPARE would be demerger'd from TILS and established within a Geonomics company in it's own right. It's all there. I'll agree that he said TILS shareholders would get 100% of the value of STEM but he also said that TILS holders would get a 1:1 share in the new entity.
You cannot list a new company on the main market without a significant raise and associated listing costs so ZERO dilution to TILS holders is an impossibility
"unless he wipes out existing Okyo shareholders.IMO"
So, he plans to wipe out his 54% holding of OKYO does he? Don't think GC is daft - do you?
also - okyo is main market - not AIM - no speeding tickets from NOMAD
yes JP - loads of dots joined - today's news at TILS is just another jigsaw piece.
Nicholas Slater increases holding to over 13%
Now- what does he know.....?
Lekka - you invite ridicule - none to give but current MC is £4m - so allowing for your MC of £20m (ie 5 times current MC), your 0.007p is just plain off? Ignoring any other miscalculations of production v MCap....
5 times current SP is 0.7p - am I missing something?
Sputnik: You're also in charge of the mines. The Société Générale des Mines received the license to mine the manganese deposit at Nayéga in late 2020 to generate nearly $ 16 million and 250 direct jobs. Do you think that the coronavirus crisis will delay this exploitation?
Marc Ably-Bidamon: The great advantage of manganese from Nayéga is that it will be mined in the open and, therefore, it does not require the deployment of complex tools. The equipment used for on-site ore extraction and processing tests carried out between October 2018 and March 2019 has shown that extraction is fairly easy. These systems are still in place. The process of acquiring and installing new equipment had started even before the Covid-19 pandemic.
In view of the strong measures taken by the government to protect the population and thus fight against the spread of this epidemic, we believe that the impact of the health crisis will be very minor on the process of setting up production units and the period planned for the effective start of exploitation of this deposit.
Sputnik: The Togolese state only owns 10% of this project. To what extent can we consider that Togo is a winner in this initiative?
Marc Ably-Bidamon: Indeed, in accordance with the provisions of the law, the State takes a non-paying participation of 10% of the capital of the mining companies. Apart from the dividends that will be paid annually to the State for its free participation in the share capital, it should be noted that the law requires all mining companies to contribute to the local and regional development of the areas in which they operate in our countries with 0.75% of their turnover.
This financial contribution paid by mining companies does not exempt them from their social and environmental responsibility. Finally, it should also be noted that hundreds of direct and indirect jobs will be generated by the opening of this mine for the benefit of young people, to name just that.
It took Google less than 3 years from their incorporation in September of 1998 to become profitable in 2001 with net income of about $7M from gross revenues of $86M.
Note that in 1999 Google had only $220k of revenue.
Brandshield's revenues doubled 2017-18 and increased 70+% in 2018-19. According to Owler.com last reported revenue was $3.8m
dss - but even then, you are ignoring what even a £50m IPO will do for BS in the longer term - YK also said in the recent interview that the IPO was to accelerate marketing and promotion. The point is to get sales to ramp up significantly on a global scale - this will deliver profit rapidly as the costs do not rise equally in line with sales. If BS IPO for £50m I do not expect their market cap to stay that low. I could also easily imagine a buy out scenario - maybe a lower IPO is designed as a 'come and get me'?
MMs reported bid and ask are fictional. Buys reported as sells - what a surprise!
Any Director sells would have to be reported.
To add - without the infernal licence - no one has achieved ANYTHING.
This was a nailed on cert for FRX in 2012!
As ever - I wish everyone - especially the LTHs here - all the best and hope I'm proven wrong.
I suspect RL has simply benefited from DR's labours in the past. Bit like shares - being in the right place at the right time. What RL delivers from here on is the important factor.
As DR says in that interview - KRS was withering on the vine - at that point that included Togo - 3 years on and you still have no certainty.
I have never been one for ramping or deramping and I doubt I need to remind folk how supportive I was (and still am) of DR. RL, for me has yet to prove his metal (no pun intended)!
To give Dave his due, he still comes across superbly and appears to be one of the hardest working bu33ers I've ever met.
Still eminently plausible and financially committed. I really wish him success with Calidus. Just a damn shame he's not still in charge at KRS. I still think that tells its own story....
Good luck all