Member Info for PIface

Clearly don't know what you are talking about spikey it had to pass a classes test and be equivalent to more than 5% of the company assets to even be required. It's not even been taken up and might never be. Never for the full $1million which wasn't ever certain. How much are the companies asset's worth? duh. It's just some extra cash runway to avoid the company being seized upon by others. Jeez

Kirky 66. I do t think WH Ireland will have been fined a lot for their error. The loan was mentioned twice in RNS it seems like they failed to advise the company to attach a statement from other directors it was fair value. It may have been too insignificant to need that and has never been used so certainly us at the moment.

Thanks RNSman last time I looked we had 3 brokers incl. WH. What's chances one of other brokers becoming Nomad? Are WH still going to be a broker?

Punters friend actually posts a lot of useful stuff. I remember some on here winding sxx board up when I popped in to it. That was a very different scenario to here. They didnt even have funding epc in place like us but got to be worth 3 or 4 billion though. Brexit and planning probably did for them and it was close run neither side should gloat. Clearly AA saw a world class asset so people were damn unlucky really but Chris Fraser was out of his depth too. Ain't going to be same story here. Palladium was going out of fashion 6 years ago but tables have turned and long term platinum looks good. I'd say maybe sirius had a bigger resource potentially but perhaps not by much and on a much longer life and cost of mine. And we only need to be worth a quarter to do very well here. Anyway we shall soon find out won't be years wait here for news. Weeks probably on nomad. Only turn into years for full value if we activate the finance to mine. You can't win em all maybe not even most but that's why you have to win big and fortune can favour the brave. But que sera only invested what can afford to lose.

The role of citic could be just to court other buyers. Likely end user will be chinese so sometimes off takers will get involved in the deal in return for preferential prices and to secure supply. Russia unlikely to have industry to use all the palladium. This makes it more open to export than countries that do e.g. North American mines tend to supply North American industry where country gets most value add. This makes mines harder to buy in general.

I doubt it the loan has not even been used and was mentioned in RNS twice. The only thing was the other directors were supposed to release a statement saying it is fair value. Whether they needed to do that might have depended on how much was taken out of the 1 million to be honest. It's a minor breach because by releasing it in an RNS the other directors are implying it is fair value anyway, or have the chance to object.

It depends totally on the contents of the rns now.

Pre covid 19 flanks approval was going to take this to 12p would be the sensible consensus.

If its an offer it rerates to the offer instantly which should be in the 20 to 200 p range but more likely 30 to 120p I believe. If looks like just a first offer or bidding war will go a little above offer.

If its new nomad new ceo or board additions moving from aim to ftse I would think it hits at least 20p probably more like 30p before long. If its purely a new nomad in aim it probably rises to 9p without official flaps licence.

If we fail to appoint a nomad it might not relist unless we do so in last week of wh Ireland. Depending on tone I see a lot of people taking out their original investment to derisk and might end first day at 5p. It will be tempered by those wanting to get in late or top up if there is any encouragement of a deal or going into production with a listing. We have epc finance offer in place after all.

No worries. It would kind of make sense I was surprised in last RNS we seem to be looking for even more board members. Talked about changes. Wondered if CS might be stepping down and one of new guys taking over. CS seems to specialise in junior mining has a few other projects he is more engrossed in. DS hinted that in interviews.

RNS was a little disappointing or worrying to me at first but that's largely impatience. More I read and see media response more I think it's all good.

I think somebody like Tim Wonnafight from shareyourprofitswithme.com or similar has probably been trying to dig dirt and found that, from a contingency loan with a related party, that barely scrapes the class test as being significant anyway, and has been mentioned twice in an RNS and is just a bargaining tool so no buyers smell blood and wont' be used and expires this year anyway, didn't have a statement from other directors saying it was fair value. Had they asked to take it up and DS agreed which he had to (or his co did as was solely at their discretion) I'm sure they would have made that statement. Some dirt that. I'm sure the FCA were really interested when he triumphantly handed in the box file full with 1 sheet of A4 in it.

https://www.growthcompany.co.uk/graduating-from-aim-to-main-1253148/

If you want bigger investors sometimes you have to move. Maybe that's why we are suspended as the big investors seemed to be causing some problems at HSBC and so on. It's a possible explanation.

Other obvious answer. If shares worth a pound it probably won't be an Aim company any more. It might need a better board and nomad and list on a more prestigious market.

Ridiculous lamtree. Don't really need to expand.

You are trying to appear balanced there spikey but clearly not. Ending with the word quit shows this. But also its remarkable you haven't included the nomads financial woes and the soar from the pulled interview. Or the fact a nomad can just resign instantly if there are serious breaches rather than just mutually part ways under notice. Or the fact his may have gone beyond the nomads price range. Another wind up merchant pleading sanity but failing.

That's absolute rubbish newto.

Well looked at this a while back never made a profit sales announced weren't that staggering seemed well overbought. Seems I was wrong to go for react cleaning instead. I think I would be selling at least half though now if I was over 100 per cent up. Company may go from strength to strength from here but may disappoint on results. Rapid expansion usually brings problems. GLA all holders

Eua would pay for it from profits from the original licence area. Angloamerican jv already did millions of pounds worth of drilling so would not be starting from scratch. Much of that drilling showed continued at strike and depth I believe. I wonder if you need to explore it a lot or once you are set up just keep on scooping or drilling till it stops being worth it. Much of it is open pit so you make your money from that first.

I heard from suhail he is on twitter only at the moment guys. I'm not in here he just mentioned this stock so I was taking a look in. He seems to specialise in rto stocks.

I wouldn't wish to be anglo-centric but it is London listed and we are heading for possible lockdown here within this week it has escalated. Many people trying to get their savings together and crisis plan for their business or family. I do think some sort of update would help for people of where things are. I think staying suspended is OK if it is a strategic advantage but people need to know whether they can pay bills etc with a sudden loss of income and if they need to go begging or sell other assets. I'm still hoping we are in media hysteria and will blow over but can't deny the reality of the economic hardship likely to come short term.

I'd agree with that pf. Also shareholders do own the company. They can't act like they own it but just a journo trying to be too clever pretending to understand the legal system and nuances saying they don't. It means you can't turn up and take the dumper trucks out for a spin round the tundra but you do own shares in the business. Directors don't own a business for sure unless they own shares. They can be fired.

I'm thinking it's odd we are down today but maybe most of our holders are still in profit and feeling ok cashing in to grab some more instant bargains elsewhere as unlike yesterday nearly everything is up today. Maybe there is some nervousness around the gold price. I'm only holding 2 shares and the other one is suspended so I must rate this one but see it as a hold for at least 6 months.

quid pro quo, or hopefully at least half a quid