The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Replace with Beaufort securities dot com
Hi chewise, here's the pre RTO research document that Beaufort produced. Their initial target SP is included along with possible SP targets as Mowana develops. https://www.**********************/img/shp/Alecto-Minerals--5-_S.pdf
An update from Ashanti from last week https://ashantigoldcorp.com/news/2017/ashanti-gold-corp-starts-drilling-on-kossanto-east-grants-options
Whatever my view was based on.... speculation, hunch or maybe my experience of working with carefully written reports and also writing such careful reports/memos myself the omission of " early June" specifically in relation to the readmission document spoke volumes to me. You didn't see it and you chose to be offensive when there was no need to be. I couldn't care less if you apologise or not for being a stuck up, rude, arrogant cock. That says more about you than you can ever imagine!!!!
Precisely..... you've got it now........ that's what I was raising as a point to consider yesterday prior to your offensive response. You can apologise when you are ready
A scientist you may be ...... but you clearly lack the ability to "read" between the lines and understand nuances and from a management and communication perspective completely don't see why that RNS was written that way in relation the the publishing of the re admission document. Do you really think MJ changed the planned publication date in the space of 2 days. MJ was preparing us for the RNS today!!
Story meant "and raised"
Yes agreed and I picked up on that change in the subtle wording of the RNS in relation to the publication of the document Andy raise it as a consideration.You then attempted to be all high and mighty, questioned my ability to read and we're downright rude and you were wrong!!
As I suggested yesterday GS!! It's is sometimes worthwhile not just reading what is said but also what isn't said!!
As the early June was not mentioned in this RNS in relation to the admission document I simply wondered whether the publication date had slipped too. Anyway as you say this week is effectively the end of early June. I want to see it as much as anyone else. An opinion, a view or a question doesn't deserve a condescending response which could suggest the author of such a response suffers with some form of a personality impediment.
GS not sure who you are referring to with your "holier than thou" comments but maybe it is you who should read the RNS from the 7th June!
Agreed and just this back on the road now. is it possible that the re admission document could be issued within the next couple of weeks and the AGM used as the meeting for shareholders to vote on the RTO rather than have 2 meetings?
Yes agreed napkin. The extract from the December runs confirms that The Company also currently intends that at the time of the enlarged group's re-admission of the shares to trading on AIM, a further funding round will be undertaken by way of a placing of new shares and an open offer, to allow all shareholders to participate in providing the requisite additional working capital for the Company. So is today's CLN being used for working capital in addition to the working capital mentioned above. Not too worried but just want this back in play so we know what it all looks like. Looks like we won't know until the end of this month and then readmission some time in July
What is early in the month is open to debate but I think early is within the first 10 days, middle 10 to 20 days and so on. I would expect and want to hear this Friday or Monday next week.
Gige yes if you have the details please. I haven't been offered anything and didn't expect to until after the forthcoming shareholder meeting to agree the details in the readmission document
This is an extract from the RNS of the 21/12. No idea on any prices. The readmission document is due early June so by the end of next week latest i would guess? The Company also currently intends that at the time of the enlarged group's re-admission of the shares to trading on AIM, a further funding round will be undertaken by way of a placing of new shares and an open offer, to allow all shareholders to participate in providing the requisite additional working capital for the Company.
Great find hj. Good to see that moving too.
Wow great RNS. Had a quick glance at the CPR and don't understand 99.9% of the 216 pages of it but it covers ALL ALO assets so looks like preparations are underway for developing other assets in the near future. The best of luck to all.
There is a lot happening and yes an update in the next week or two should be forthcoming. Rather than cash being burnt it looks like the cash is being turned into revenue from saleable concentrate as per the extract from the RNS on the 22/3 "We are moving at speed towards delivering continuous production and first sales at Mowana meaning that the atmosphere on site is buoyant, particularly given that the first blast is anticipated in just a matter of days. It is significant that we have been able to sign up a company of Capital Drilling's profile to provide future Drill and Blast services, and with Giant already on site, our stockpile is increasing. Most importantly, we have switched the plant back on as part of a test phase and this has been a great success, producing saleable copper concentrate.
GS looks like we were doing the same calculation