Member Info for pablo2

Statistically maybe correct but wishful thinking I'd say

I've had two other shares recently delist from the wonderful Aim - CGH and BLVN (Chaarat and Bowleven).

Both these set up a facility to 'Asset Match', the former through AssetMatch and the other JPJenkins and AJBell is capable of selling my shares on these platforms (if any Buyers). That's why I was hoping ACP would do the same. Think we can simplay leave our unlisted shares with our broker for the future if there is one. Perhaps a Certificate would be the only way to sell if such facilities do not occur for ACP, if one could privately arrange a Buyer.

Realise we've all suffered and lots of thoughts on how/why but for the Future :

I'm thinking now Matt and co were hesitant about the relevance of an AssetMatch facility as there really isn't any point for the foreseeable until something changes. I suppose Blackrock are the key to any progress and until then no use paying for such a facility for it to be unused.

Know what you mean Wasa on Tanzania and the whole of Africa, everything I've owned there has been stalled to death.

Presumably Armadale Capital LTD might set up a website one day but does anyone know of any means by which one could sign up to receive any further news if there is any?

As I could double my holding for next to nothing, I have. Now, wait and see if the future brings anything, already waited nearly an eternity so WTF

Last day for dealings on Aim however, still no announcement if it will be 'in shareholders interests' for the company to set up an AssetMatch type facility, or would it be better to just leave them in the lurch to hope for a buyout or even a dividend in the far-off future

The Board appears to be still procrastinating on whether it is in shareholder's interests for the Board to provide an AssetMatch type dealing facility after Privatisation.

So, when are they going to decide, after delisting ???

Hi Mr Grim and any other LTH's !

Terrible situation but there are possibilities for the future. I spoke to St Brides Susie Geliher (our Advisors !) yesterday and they spelled out a few things. Apparently it costs around £500k per year to keep up the Aim listing with all the associated costs and regulations to follow so Mgmt thought it wasn't worth it moving forwards. She also confirmed,as I'd worked out, that MA and Labro have also taken a massive hit alongside ourselves in order to keep the company afloat.

I've also spoken to AssetMatch and they're also a friendly bunch. I've registered there and they've told me as my broker AJBell is registered with them, I can easily instruct them to place shares on their expected bi-monthly or quarterly auctions for Chaarat. They said companies normally sign-up for a year with them but who knows how long the auctions will continue (some Private Companies continue with them for years - see their website).

So, we've been diluted to hell but I'm still holding (and have topped up @ 0.185p) to give me a chance for the future.

Even if AssetMatch or other auction providers are dispensed with a Sale of the company or Special divis, if the company successful, is the way we would retrieve value.

I am also wondering if ‘miraculously’ funding will suddenly materialise after Aug 16. There has to be a reason why funding has taken over five years to NOT materialise. If the Krygyz govt want this mine developed, it will be.

Tombi1 I’ll ask about that 500k if I get a chance. I’m hoping JP might ring me.

Sorry APR 24th(270m trade) and also not Gascony simply ‘has’

I see they’ve updated the Signif Shareholders on the website ... incorrectly imo.

I’ve been trying to get Echo to take responsibility for finding out LO’s holding which I’m sure since Apr 14th is zero.

I’ve only been able to get the company secretary to converse and she is the one who Gascony got the website updated but she has admitted they’ve only gone on tge TR1’s they receive not getting any direct info from the share register. LO as we know do not need to notify if they have gone any lower and obviously will not.

I’ve asked her (Amanda Bateman) to get JP on to it as it would be great for confidence to know LO are out

I've asked JP if he can issue something to put the LO situation to bed even if it's just update the Sig Shareholders on our website.

I do personally think the lack of TR1 is because they are a foreign based financial insti and therefore only need to TR1 down below 5%, which they did.

I’ll message JP to get it out there in public knowledge that they are off the Share Register

It’s clear LO were out Monday when that 270m trade went through. Financial Institutions do not need to notify their holding again once it has gone below 5% similar to individuals after passing below 3%.

So, maybe no further TR1’s from Lombard Odious

Go home !

The Rns says LO had 502,003,103 shares left (as of yesterday).

A trade today of 52,003,103 at 14:06 - could that be the last lot ?

It is by no means certain they wish to dump all their stock. Very disappointing what they are doing but unlikely, I’d guess, that they wish to reduce to zero.

The company is playing by all the rules, not going to be delaying market sensitive info to try to outwit LO.

Sold down another percentage point yesterday and perhaps we’ll hear of another today.

They may stop one day otherwise they’ve got another 1110m to go. Although it seems daft them selling at this level they just had too much exposure and when they converted everything to shares it gave them the chance to reduce.

“ As previously announced, the presentation will follow the launch of the Company's 2023 Strategy and Work Programme, and the rescheduled event is to allow for greater shareholder engagement and will be an opportunity to provide updates on further operational progress”

A)perhaps they had too small a take-up to go ahead with the event
B)perhaps they are actually waiting for some big “operational progress”. and/or not ready with their “ 2023 Strategy and Work Programme”

May well go if it is indeed on the 29th March

PS I keep an eye on Conrad Asia (CRD on ASX on HotCopper) operator of the Indonesian Mako gas discovery

Might be a great appointment, we don’t know. To me it reads as if her appt signifies a move over in Balochistan which could be an sp mover if it happens

Hopefully revealed on Thursday more about this ‘intended’ appointment.

Suicide bomber killed 9 police officers yesterday in Balochistan so doesn’t sound an easy place to conduct business