Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
a cockup that should never have happened though, these "professional" people get paid decent money to do an efficient and accurate job, very sloppy by both sides it would appear IMO.
Note to co - give precise & micro detailed instructions in future to avoid such errors. Embarrassing and costly errors IMO.
Taken from Twitter today "TKS joined @HaydaleGraphene in Taiwan last week. Here's a photo of the team during a tour of the facilities."
Come on guys, give us a full news/ update imo.
Just my opinion though! :)
Used to, but expect this to take off soon and want the higher rewards, so keeping away from the sell button as I see huge potential in this share.
Still got an £85k RBS Charge on it at Companies House, What will happen there?
like Odey?
Agreed. I believe this has the potential to be massive but all the facts coming through are presented as "bitty" - in pieces, I don't believe they are getting the whole picture across (or some PI's are not quite getting it yet and joining the dots). With the GM coming, it would probably be in the interests of the directors to get the whole projected picture out there and help PI's fill in the gaps which they have left blank (accidently or whatever..) which is fuelling some of their current issues IMVHO. The directors have technical backgrounds, not all PI's do... They are missing a trick as I see it.
the Company will achieve operating cash break even this month.
https://www.investegate.co.uk/argo-blockchain-plc--arb-/rns/notice-of-gm/201904180700085508W/
How will the shorters close in this situation? Just wondered...
So based on a Versarien projection (20x multiple?), this share could be valued at approx £40m?
THAT the Directors be and are hereby generally and unconditionally authorised pursuant to Section 551 of the Companies Act 2006 (the "Act") to exercise all the powers of the Company to allot shares in the Company ("Shares") or grant rights to subscribe for, or to convert any security into, Shares ("Rights") up to an aggregate nominal amount of £9,000,000. The authority referred to in this resolution shall be in substitution for all other existing authorities, and shall expire (unless previously renewed, varied or revoked by the Company in a general meeting) at the conclusion of the next Annual General Meeting of the Company.
As previously disclosed, the Company is planning to use a combination of bank financing and own or partner equity to fund the first phase of development at Njonji, including the proposed NJOM3 well. The Company has for several months been discussing a loan facility with a prominent African bank, for the Njonji development of US$15 million which could be extended to US$50 million, and the Company is still hopeful that such a facility may be in place by mid-May. With or without such a facility, the Company has also been holding discussions with several possible partners for the Thali license, which the Company also hopes may be concluded in that time frame. Any one of these options, or a combination of them, could provide the additional funds required to complete the current well.
Almost feels like delay tactics at work IMO, but surely not..
There is total incompetence shown in that rns by either 1, 2 and/or 3 of the parties concerned as far as I can see.
Existing shareholders ought to find out what is actuually happening here, it is their money being wasted - these people are supposed to be professionals IMO.
If they can prove error on behalf of the other parties/lab which varied from the agreement contract for dosage / conditions etc, then surely a free retest should be offered to correct their mistake in the very least? IMO.
Is that not breach of contract? If the lab were sloppy and did not do what was agreed in the contract... In my opinion...
As of February 14th, the Company's net cash balance amounted to approximately £15m.
It has also stopped its MaaS on 1st April, however it has been mining for itself.
"Despite continuing demand for the services, the Company is temporarily moving away from MaaS to mining directly for its own account. "
All in the rns's!