Member Info for schlemiel

https://www.bloomberg.com/profile/company/0278221D:AU

https://uk.advfn.com/stock-market/london/greatland-gold-GGP/share-news/Greatland-Gold-PLC-TR-1-Notification-of-major-hol/89263166

GGP is an AIM SETSqx listing ie quotation -

SETSqx (Stock Exchange Electronic Trading Service – quotes and crosses)

Finally, SETSqx is a hybrid trading system, combining features from SEAQ and SETS, and is designed for securities with reasonable levels of liquidity, but which may at times require market maker quotes to maintain levels of trading. As such, the electronic order book is split into a quote book and an order book – the quote book being the listing of quotes by appointed market makers, and the order book being electronic orders entered as they are on SETS.

Launched in 2007, market makers provide continuous liquidity throughout the trading day on this system, whilst order book execution takes place through auctions, with four uncrossings designed to concentrate liquidity. Both market makers and non-market makers can participate in these auctions. In essence, SETSqx provides investors the opportunity to trade against market maker quotes, as well as by submitting orders into the auctions.

An important point to make about SETSqx is that market makers do not have a maximum spread requirement as they do on SETS. Consequently, there may be times when you see a share price jump quite significantly, but when you to try and sell via a market maker quote and so profit from this jump in price, the price offered might be far below what you had hoped. This will be due to the sizeable spread resulting in the current bid price being far from the current ask price.

The parties will now proceed to negotiate and agree fully termed amendments to the JOA and the FIA reflecting the terms of the LOI.

Drilling of the first of the two Stage 3 wells will commence shortly with Falcon Australia still benefiting financially from the remainder of the carry under the existing FIA and JOA with Origin.

Philip O'Quigley, Falcon's CEO, commented:

"Falcon Australia welcomes its new JV partners, Sheffield Holdings and Tamboran Resources. While our immediate focus is on the two Stage 3 Amungee wells, we are really excited about the future pace of development of the Beetaloo. The proposed amendments to the FIA and JOA puts Falcon in a very strong position going forward creating optionality for our shareholders in terms of the level of participation in any future appraisal and development drilling. Each future well drilled in the Beetaloo basin play further de-risks the play and, as a result of the proposed changes contemplated by the LOI, Falcon can tailor its participation to best preserve its capital while at the same time maximising its optionality."

Investor Meet Q&A

Falcon will provide a live Investor Q&A with Philip O'Quigley via the Investor Meet Company platform today, 11 October 2022 at 10:00am BST.

The presentation is open to all existing and potential shareholders, and questions can be submitted at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Falcon Oil & Gas Ltd. via:

https://www.investormeetcompany.com/falcon-oil-gas-ltd/register-investor

Investors who already follow Falcon Oil & Gas Ltd. on the Investor Meet Company platform will automatically be invited.

A recording of the presentation will be made available on the Investor Meet Company platform and the Company's website later today.

This contains inside information.

Ends.

https://uk.advfn.com/stock-market/london/falcon-oil-gas-FOG/share-news/Falcon-Oil-Gas-Ltd-Falcon-Oil-Gas-Ltd-Bind/89260405

Binding Letter of Intent Executed with New Joint Venture Partner

11 October 2022 -- Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that its c.98% owned subsidiary, Falcon Oil & Gas Australia Limited ("Falcon Australia"), has entered into a binding Letter of Intent ("LOI") with Tamboran (B1) Pty Limited ("Tamboran"), a joint venture between Sheffield Holdings LP and Tamboran Resources Limited, pursuant to which the parties have agreed to amend the terms of the Joint Operating Agreement ("JOA") and the Farm-In Agreement ("FIA"), each dated 2 May 2014 (as amended), entered into with Origin Energy B2 Pty Ltd ("Origin") in respect of Falcon Australia's interest in the Beetaloo Sub-Basin exploration permits.

The Board believes that the proposed amendments to the FIA and JOA will significantly improve Falcon's future capital preservation and optionality. The key terms of the LOI provide for:

-- Falcon Australia to earn an additional carry on future well costs of up
to AU$30m (AU$6.75m net to Falcon Australia);

-- the introduction of limited proration units on sole risk operations to a
maximum of 6,400 acres per well, providing Falcon Australia with
participation optionality on the drilling of future wells;

-- the sharing of well data on any sole risked wells, providing Falcon
Australia with visibility on crucial data and analysis even where it
elects not to participate; and

-- pre-emptive rights in relation to Origin's divestment of its 77.5%
interest in the Beetaloo Sub-basin announced on 19 September 2022 are not
to be exercised by Falcon Australia and all pre-emptive and similar
rights are to be removed from the JOA, providing Falcon Australia with
greater flexibility for realisation of licence interests.

Sit back, relax and let it develop and ffs, stop fecking worrying

'Canaccord adds that the fact the financing was arranged prior to the completion of the DFS at Havieron underlines the quality of the project.'

Three new heavyweight appointments to Greatland's board meanwhile send a 'strong' message to the market, said Canaccord, affirming Greatland’s internal capabilities as an emerging gold developer.

“We expect these high-level appointments to assist the company in both its broader strategy and its dealings with JV partner Newcrest Mining.”

Yes, not a fan of convertible notes with all their attendant, hidden clauses but when a company needs risk capital to finance its path to profitability then it's either accept or struggle so it is what it is. I suppose conversion date is someway down the line so it gives SEE plenty of time to drive itself towards self-sufficiency

Dan-

SEE DMS-OMS is now embedded into QCOMM's digital auto platform. They would now find it technically challenging to flip to another DMS supplier and why would they? SEE DMS has been proven to be the best ala GM Supercruise. There's no reason for QCOM to choose second best.

And anyway the MAGNA collab is in the wing mirror not internal so the two offerings are surely incongrous

I wonder if the merged group will try and sell Cascabel and use the proceeds to go exploring across their other tenements?

I wonder what BHP and Newcrest intend to do? What's their role in all of this and did BHP point Mistsui towards Cascabel?

Either way, I believe and hope the small guys come away with some cash in their accounts for all the waiting and the torment of holding this stock

https://uk.advfn.com/stock-market/london/greatland-gold-GGP/share-news/Greatland-Gold-PLC-Result-of-General-Meeting/89245865

The algos that are used to run the LSE platform cannot determine precisely the nature of any trade so it relies on the executed trade price vis a vis the mid price to 'guess' whether the trade is a buy or a sell. It's a guess, no more.

Of course some trades are delayed reporting as in 'worked trades' ie orders filled over a period of time

It isn't black and white but a shade of shiiitee

'promoting an active commitment to the acquisition of new mining assets'

https://www.mitsui.com/cl/en/business/1217459_9591.html

Business Areas

Investments into copper and molybdenum world class mining assets.
Strategic Alliances with Important mining companies.
Marketing of copper concentrates, copper cathodes and Molybdenum concentrates.
Marketing of semi-finished steel products.

Main Businesses

In Mitsui Chile Mineral Resources, we are engaged in business operation aimed at securing mineral resources and the trading in the fields of Base Metals and other metals. We actively invest in mines with the aim of securing resources, in Chile our main focus is copper but we are not limited to it. For this reason, Mitsui Chile is enhancing the competitiveness of its existing businesses and promoting an active commitment to the acquisition of new mining assets. In trade, Mitsui Chile continuously works with local players as well as international mining houses operating in Chile to contribute to our partners as well as the enhancement of trade volume of Chile, our key trading goods include Copper concentrate, Copper Cathodes, Molybdenum concentrates and Abrasion Resistance Steel.

Chile / Collahuasi Copper Mine
(02:26)

As a summary, the mining investments where Mitsui has some level of participation in Chile includes:

Collahuasi, located in the I Region of Tarapacá and a total fine Copper production per year around 400ktpa.
Caserones, located in the III Region of Atacama and a total fine Copper production per year around 140ktpa (in construction).
AngloAmerican Sur, through JV with Codelco, located in the V Region of Valparaiso and RM Region of Santiago and a total fine Copper production per year around 400ktpa.
Pelambres, located in the IV Region of Coquimbo and a total fine Copper production per year around 350ktpa.

I wonder if this will tell us about CA's intentions going forward? -

6 October 2022

CRYSTAL AMBER FUND LIMITED

("Crystal Amber Fund", "the Company", or the "Fund")

Posting of Notice of AGM

Crystal Amber Fund (AIM: CRS) announces that the notice of its 2022 Annual General Meeting ("AGM") will be posted to Shareholders today. A copy of this document will shortly be made available on the Company's website https://www.crystalamber.com/ .

The Company's 2022 AGM will take place at 10.00 a.m. on 23 November 2022 at Trafalgar Court, Les Banques, St Peter Port, Guernsey. Shareholders are encouraged to vote by proxy following the instructions set out in the notice of AGM.

For further enquiries please contact:

Crystal Amber Fund Limited

Chris Waldron (Chairman)

Yes, the price is a tad anaemic but the wider market is very bearish anyway but that to one side, the company is properly on its way with this funding. It's now a matter of time and patience as everything else is falling into place

gla

interesting find there..thanks

imho, yesterday was short covering which may be perceived as bullish but as ever, without documentary evidence, is impossible to corroborate but it is bullish that the volume selling appears, for now, to have ceased. Such a base is positive should further + news emerge

Magna may elect to convert the principal and at Seeing Machines' election, interest outstanding under the Convertible Note at any time during its term, up to a maximum of 349,650,350 shares which, when added to Magna's existing shareholding in the Company, will represent approximately 9.9% of the fully diluted share capital of the Company. The Convertible Note contains standard covenants, and anti-dilution provisions. The interest due at the end of the facility can be paid in cash or converted into equity at Seeing Machines' election .

"As driver monitor systems start to become more standard safety technology, we see a lot of potential to lead the change with our integrated driver and occupant solution, an industry-first when it hits the market," said Sharath Reddy, Senior Vice President Magna Electronics. "Our solution addresses growing automaker challenges associated with managing vehicle electronics integration and cost, with the need for seamless camera packaging across a diverse line of vehicle models. It also opens up new possibilities for the integration of other ADAS vehicle technologies."

As previously announced, Seeing Machines has worked with Magna to help deliver integrated mirror technology to the market.

The rear-view mirror offers an effective cabin camera position and field of view for both driver and occupant monitoring for many passenger vehicles, enabling OEMs to meet the Euro NCAP and regulatory standards associated with driver distraction and impairment. The mirror is also suitable to support expanded interior occupant view which will enable a range of safety and convenience features inside the cabin.

Given over 60% of Seeing Machines revenues are in US Dollars there is a large degree of natural hedge in place and Seeing Machines will begin reporting in US$ from the start of the current financial year.

The person responsible for this announcement is Paul McGlone, CEO.

6 October 2022

Seeing Machines enters key collaboration with Magna, includes US$65 million investment through an exclusivity arrangement and convertible note

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, is pleased to announce an exclusive collaboration agreement ("Agreement") with Magna International ("Magna"), to pursue driver and occupant monitoring system business targeting the vehicle's interior rear-view mirror. At the same time, Magna is also providing significant additional investment in the Company through a Convertible Note.

Highlights:

- Seeing Machines and Magna will exclusively co-market driver and occupant monitoring systems targeting the interior rear-view mirror

- In return, Magna has agreed to invest US$65m into Seeing Machines via an exclusivity arrangement payment of US$17.5m and up to $47.5m through a Convertible Note maturing in October 2026 and having a conversion rate per ordinary share of 11 British pence

Paul McGlone, CEO of Seeing Machines commented: "We are extremely pleased to see Magna's investment as we work closely together to win market share targeting the interior rear-view mirror and grow our mutual businesses. Seeing Machines is now funded to deliver on our current business plan and we look forward to focusing on achieving significant growth across each of our target transport sectors."

Under the terms of the Agreement, subject to certain exceptions, Seeing Machines and Magna will exclusively co-market driver and occupant monitoring, solely where the Company's IP is fully integrated inside the rear-view mirror, until the end of June 2025. In return for Seeing Machines granting exclusivity to Magna for the mirror, Magna will make an upfront payment to Seeing Machines of US$10m, with an additional US$7.5m payable over the following 2 years.

At the same time, Magna has also agreed to invest up to an additional US$47.5m into Seeing Machines via a non-transferable 4-year convertible note maturing in October 2026 (the "Convertible Note"). The Convertible Note, which can be drawn down in two tranches across the 4-year term, subject to the satisfaction of certain closing conditions, is convertible into ordinary shares at a price of 11 British pence per share. The first tranche, being US$30m, will be drawn at closing with the remainder available until December 2024. The Convertible Note has an all-in yield of 8%, inclusive of fees.

boom