George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
I am unsure if iknownuffin is the only person to say you are Matrix, but they are certainly not the only ones who think that.
You are undoubtedly that mad Twitter person who blows hot and cold, it is so obvious from the way you write and the things you reference.
You don’t fool anyone on here.
You have a very peculiar agenda.
Explains the difference between the 130m and the 151m in the RNS - 21m were granted in 2018 to be allocated at a later date.
No options were granted by the Group in 2021 (2020 – nil) to the Directors, Group employees and consultants to the Group. 21,000,000 options have been authorised in 2018 to be granted at later date. No amounts are paid or payable by the recipient on receipt of the option. The options carry neither right to dividends nor voting rights. Options may be exercised at any time from the vesting date to the date of their expiry. The Group has no legal or constructive obligation to repurchase or settle the options in cash.
Out of 173,000,000 options granted by the Group in 2018:
72,000,000 options issued with exercise price of 0.42p and vested on the issue date.
53,000,000 options issued with exercise price of 0.6p and were due to vest at the date when VWAP has been 0.6 p or above for 10 consecutive days, or at the latest 31 December 2018. Options vested on 22 November 2018.
48,000,000 options issued with exercise price of 0.9p vesting at the date when VWAP has been 0.9 p or above for 10 consecutive days, or at the latest 30 June 2019. Options vested on 30 June 2019.
All options granted in 2018 expire on 2 November 2022.
I think the fact that very many people were unable to log in accounted for the lack of questions, I eventually did get in but then kept getting kicked out and had to sign back in multiple times - not great at all......!
Good news though - DD buyer still around and DS still all in. Take that for now.
Cheers Zoros, appreciate that.
Having spent a little time reviewing RNSs this morning I see it was due mid Feb, then we had the update in March that negotiations were ongoing and they had changed to 20% variance rather than the 10% previously, I guess as they were so far apart in their thoughts...?
So I guess we are now awaiting 'expert determination', based on what we know and what has been said, this should have been started towards end of February when agreement clearly was not reached, so 3 months for the experts to review and identify fair value, seems reasonable, could therefore be anytime, literally any day......
Happy to wait, built a reasonable sized 7 figure holding here, sadly averaging 14.26, but not at all concerned. It will happen when it happens, some SIPP tax rebate due this month so will top up again.
All the best.
Hi, seldom post on here but do read, finding LSE has deteriorated over last 6 months generally - anyway genuine question because I am a bit confused, when the discussion around the 5% was first announced via RNS I believe there was a broad timeline set, I think we have passed that now, I have seen a couple of updates and am aware discussions are ongoing - what I wanted to understand however is whether there is a drop dead date for an announcement on this......? Surely can't go on forever.
Apologies if already discussed and debated.
Agree Mac
and this bit in the recent RNS announcing his appointment has not been mentioned much..........clearly still very much in their thinking despite numerous suggestions that EUA v2 may not now happen.
"A parallel business development strategy based on the Hydrogen Economy forms a new development arm of the Company."
It may or may not be in the presentation but it should be very soon, December 21st they said:
"Newcrest has issued a notice to Greatland informing it that Newcrest would like to begin the process under the joint venture agreement to seek to agree the option exercise price in the period to mid-February 2022."
Every chance we could hear tomorrow (17th February) - arguably it is already 'late'
Well well, what a difference a day makes.
There was an interesting sentence in the RNS yesterday by JN - "My fellow Directors and I are calm and expect a peaceful resolution of the geopolitical tensions."
It was a bold statement and would not have been said in an RNS lightly, sure there may have been a degree of 'hope' in what he stated but it is also rather calm and direct, dare I say 'informed'.
Anyway, as others have said, Putin has played a blinder and why not, he has some legitimate concerns IMO, think of him what you will, Western Leaders are no better and he picked his moment superbly well, everyone running around trying to appease him, Russia consistently and openly saying that they were not planning to invade, Western media getting into a frenzy, politicians suggesting all sorts of apocalyptic scenarios and then, just as he always said troops start to return after exercises - making them all look like idiots, it's actually quite funny if it wasn't so serious.
No doubt we will now have our Western Leaders clamouring to seen as the one that brought us back from the brink of WW3, Russia will have established itself as a renewed powerhouse and set themselves up very nicely in the world economy as a force to be reckoned with in the new cleaner industrial world, all good for us I reckon.
CAW1 - it is a valid point, I think sometimes we perhaps are a little guilty of reading far too much into the RNS announcements, for obvious reasons they get analysed within an inch of their life, but let's be honest, they are crafted carefully and particularly now when we have the firms involved that we do. We know for a fact that they read the various boards, or are at least aware of the comments and feelings therein, and I imagine therefore they are paying ever more attention to what they do and do not say.
There is, IMO, a difference between 'separate update' and 'separate announcement' - time will tell, but it feels as if perhaps things have moved on between the 2 RNS's.
Been at work all day but obviously caught he update earlier.
I am sure it has likely already been said buT I was very surprised to receive this RNS, I liked it a lot, but I was surprised, we know that the BOD are aligned with shareholders, we know they read the various message boards, but the situation facing the World presently is not of their making of course and they were under absolutely no obligation to update in the way they did, however they chose to do so and I for one respect them very much for that. Whether it calms everyone who knows, but it was a very well worded and calm message clarifying a number of 'concerns' raised by some recently.
I also think the wording around 'liquidity event' rather intriguing and very positive - I actually bought a few more, not many but when it dropped below 20p it had to be done.
All the best to everyone
Seasick - that is true, I get it, but perhaps it is all they can share, anything else would have to be related to MT, Licences, Rosgeo, EUAv2, JORC - all the stuff which is inevitably tied up together and can only be released when everyone involved is ready and every loose end is sorted, and there will be some loose ends with all that to consider.........it's about all they have probably at the moment, I would love more, but happy to take what we get for now.
Seasick - I disagree.
I believe that they do perhaps want to issue further news, but for reason beyond their control, some we could guess, some we may never know, that is currently not possible.
What the BOD have done numerous times is to share something, news to at least inform people that things are still progressing, some people choose to interpret this as 'dangling carrots', personally I don't consider it like that, I choose to believe they are trying their best to help investors stay positive, that's my stance, my belief, and to date I do not believe I have been let down in any way. I have been holding since before suspension and have added significantly since then.
GLA
It is perhaps to be appreciated that there appears to be quite a number of 'frustrated' people waiting for news presently further to the RNS's and Tweets and the fact there there is an awful lot of news to come, but come it will IMO.
Just remember, we have been here many many times before, during a period of quiet (to be honest I think we have actually had quite a bit of news recently), the frustrated posters start to show up, but as has happened time and again, when the next RNS drops (and it will), I predict a plethora of posts going on again about the 'best BOD on AIM,' 'the BOD that delivers on what they say,' 'never doubted them' etc etc etc.
Personally I think the Ukraine issue has impacted news, not really the time to do it, but the issue will pass, deals will be struck, promises made and the World will move on, you can't really blame Putin for using the current situation re Covid, Western financial woes and energy issues to his advantage, it's a great opportunity to demonstrate his power and influence, any country would do the same, perhaps not in exactly the same way, but IMO it's all posturing. He has already succeeded in part by fracturing European alliances. But he doesn't want body bags going home by the thousands, it would be one almighty mess and not one he could sustain for long, Ukraine are no shrinking violets they would fight hard and dirty, Putin knows this more than anyone, so no, I don't think it will develop into anything, and 'peace' and harmony will be restored.
Perhaps then when things are calmer, news will come out, personally I am happy to wait, always have been.
Neo - I respect alternative views, it helps. Out of interest what do you anticipate the possible dividend to be then, based on your post, are you thinking maybe 10p, 15p or less?
10p would equate to circa £285m, 15p would be circa £428m - do you think if it were so, that this situation would have taken so long to resolve and that the partners involved would even still be around?
Personally, and I appreciate you hold a contrary view, but I believe that the time this has taken is an indication of the size and complexity of the deal, in this world, a few hundred million is small fry and a deal would have been wrapped up way before now. All IMO.
So, jonathanroe and RobertDiB both happened to join LSE on the 16th December - what a very strange coincidence - filtered and I would respectfully suggest everyone else does so too, clearly they are up to something if indeed they are 2 separate people. Idiots.