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Wouldn’t think the people handling our “strategic investors” business accounts are too pleased, that they paid double, only a few weeks ago!
Still hopefully, by the end of the month we will have answers to a number of very important questions on our future prospects!
PC
If the board were to ask for questions from shareholders in advance of the presentation meeting, these would be my five!
What do our strategic investors “really” have in mind?
How are the overall production and sales going?
Where do the board think we are moving with the Togo situation?
How are we going to attract new investors?
When will we consolidate our massive share holdings?
I’m sure there will be many more good ideas floating around, but hope we at least get ……. some good news from the presentation!
PC
Regardless of the investor numbers……………… they will need a meeting room big enough to accommodate the “Elephant”
PC
Yes Markyess!
Does seem we cannot get the support here,to move it along, even now we are financially settled and awaiting results!
Our new investors could well be running over the books to see where or if they need to influence the project!
Still holding, but feeling we are at least turning the corner…….. hopefully nothing unexpected awaiting us!
PC
It was obvious that Russell was completely flabbergasted at the goings on, whilst he couldn’t confirm anything, there are still movements, he also mentioned we have expanded our “local water project” to assist further the farming community!( details of which Togo did not want to be confirmed!)
With the expression for Togo to join the commonwealth, could see a reflection.
But……. I’m in no position to comment on the boards total thinking on this subject!
Best left till the AGM to hopefully, discuss more fully!
PC
It had as we are aware been announced before as a possibility and today it was raised again and is being considered!
May have more news commeth the AGM !
PC
PC
Russell also confirmed that First Uranium Resources did in fact want a bigger slice of our business which we were reluctant to give and have purchased more, with a TR1 notification likely to come out!
PC
I did ask if the comms will improve ( couldn’t get any worse!) and Russell admits it’s been a difficult period and now it’s settled we “will” see an improvement and not from either of our brokers !
And on the fact of us having two brokers, it was a question of “ nomads” and capital!
Each had their benefits and do work well together in the interests of the company!
PC
Whilst it’s disappointing that I was one of two investors at said meeting, can understand why!
Business was over in a very short while, even the coffee was still hot!
The main thrust of questions then concentrated on DC and given our new position, there appears to be many avenues we can go down !
Russell explained and showed samples of the varying forms the mining takes, from rock chips to powder!
Each having their respective traits and the likely lead times to get responses from the various end users!
However, as we have been at it for some months now Russell explained that a few customers had asked for their requirements be held in storage and upfront payments made to ensure continued supply!
Just need more of them!
We also touched on “carbon credits” it is something we are looking at not from investments but being able to offer our certificates to farmers who then can use credits as a subsidy to farming!
On the “elephant in the room” it’s still on going and whilst nothing concrete came out, the board are hoping for their possible entry into the commonwealth would see a need to show how well they handle a U.K. company, being considered before admission!
There is likely to be an AGM in July , where an update on the various issues will be covered!
But for me it was a positive meeting, certainly worth attending even if it was sparse!
Now on the road back for three hours ( no texting )
PC
Just whilst there’s a lull in our proceedings!
Re reading the 26th April RNS concerning the management changes, anyone have any idea what, day to day activities, a non - executive chairman has to do ?
As from 1st September Russell takes on this role, at a time, in my opinion, the Pirra Lithium project may be coming to light!.
Thoughts on a postcard!
PC
I think you’ll find it’s the total market sell off having the negative effect!
The global market is waking up to so many issues that even safe havens such as Gold are being priced down!
The good news, if you can call it that, Gold will move higher as inflation bites!
Just sit tight both down there and here!
PC
And …….here they are!
PC
More this afternoon!
If some of these trades today showing as sells “are” sells, there could be a late trade, today or published tomorrow, of significant value as per my earlier post!
But as Markyess stated could well be someone taking a position!
PC
Keras shares bought over short period in April 2022
25th - 50m( 2 x 25m)
26th - 40m
27th - 78m
28th - 60m
29th - 58.5m
Doesn’t include any other of the larger trades above 10m!
Perhaps the broker shares were always going to be quickly snapped up and these are possible institutional buys, knowing what we know is a good project for the future!
Speculation on my part!
PC
Hi Jimbl
Was going to ask similar at the GM, my initial thoughts would be that it could be a conflict with our certificates, for our existing product?
PC
Thanks Markyess!
So, it depends on how we each view the coming months!
Would they even offer these warrants out to May 2024, if they were even thinking there was a slim chance of a T/O ?
Hope to get to the GM, all being equal, but don’t expect to be getting anything of substance for my efforts!
PC
I get the gist of the placing and warrants, if you believe, as I do that there’s a future, then you’ll hold out and “ try” to access the allocation!
What I don’t understand is, what happens to the share price whilst we head towards the dates noted?
Does it rise above the value, with existing holders adding, or will it entice new investors to try their luck?
Any thoughts welcome for any who have been through similar scenarios!
PC
Highlights!
Placing!
Shareholder participation!
No mention of Togo!
Strategic Investor!
Make of it what you will, but if we were to get through this period it was a necessary outcome!
PC
Is it safe, to now move these………..to my middle drawer?
PC
Thanks cc
John has always been supportive of our business, puts a good positive spin on our “ new” proposition, given the circumstances, surrounding the market we’re in!
Lets hope our team now get cracking and realise this potential!
PC