Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just bought in, very high risk stock but I can see a ten bag to 2p easy from here in the new year.
The end really is nigh my friends. 1p club is coming as a minimum. After so many years of wait, what’s a few weeks?
FinnAust Mining Plc ORD 2P: Share price clarification Posted by: Amilia Stone 14th December 2015 FinnAust Mining Plc ORD 2P (LON:FAM) Managing Director Roderick McIllree caught up with DirectorsTalk for an exclusive interview to discuss the completion of the Pituffik acquisition and to clarify the share price confusion Q1: Good to have you back again! Great results this week with the completion of the acquisition of Pituffik, can you tell us a bit about the process that we can expect from here? A1: Look it has been a good week, it’s been a long time coming and one of the things I guess we are very conversant of the patience of the shareholder through the last 6 month period. This transaction has been complicated I guess by a number of regulatory hurdles that needed to be managed but just to have closure on the transaction before the end of the year is something that gives everyone a bit of peace I think. We’ve got the general meeting at the end of the year to ratify the issue, we have put this whole transaction to shareholders, one of the key aspects that FinnAust shareholders will notice in the future is that they will have a say in everything that we do so all of these types of transactions even though it hasn’t been completed yet. We recommend that our shareholders come along, meet me and meet the team on the 24th December at 9am, I know it’s a difficult time for many but we’d welcome any shareholders that felt compelled to come along. Q2: There seems to be a bit of confusion regarding the share price issues, can you elaborate for shareholders? A2: I think it’s probably more to do with the fact that we seem to have done 2 transactions at different share prices. Now, the only transaction that has actually occurred at this point in time is the £200,000 raising that is at 2p, the actual transaction to purchase the Pituffik project is subject to shareholder approval at the general meeting at the end of the years so if shareholders don’t want this to happen then they can vote against it. There seems to be some confusion that there is stock being issued I think at .6 and potentially being sold at 1.5, I can assure you that is not happening because that stock hasn’t even been issues yet so that’s probably where the confusion is coming from. Q3: You’ve mentioned that you have a new strategy for FinnAust Mining Plc ORD 2P, something that you think will set you apart from other exploration companies, how best can shareholders understand this and communicate with you should they wish? A3: It’s one of these things that I think in a world of just a whole heap of trees, one really needs to stand out to attract not just investor attention but capital to conduct their businesses. I have taken the view, and it’s something I’m implementing in the team at the moment, that shareholders at all times should be commu
The price is going to drift till the next news but anyone who's a true investor here knows the fundamentals and is confident the price will be higher. It might be a few months but the patient here will rewarded. There funded due to the recent JV at a placing price of 1p so that's one certainly that gives confidence. Possible further placing bring some uncertainty but with a possibly 2 producing mines in the second half of next year it's an absolute no brainer to invest and hold. I made money on bmr a few years ago, it went from around .6p to 3.5p and I'm confident we can get to at least 3p nearer to producing.
This share way before his recent 25 bagger tip. His analysis is spot on for the long term. These intraday ups and downs shouldn't really worry you too much in the long term as the share price will be much higher next year.
Get to AGL, Boomed today but will boom further once its gets in the press. Talks with major pharmas over commercial partnership at initial stage mean there is a big fundamental difference between AGL and IPS. gl and dyor.
Boom time is coming!!
MSKA have u emailed Conboy?!!!
Got in my head is around december time. Im hoping it comes back before that but if it does an EEE and increases ridiculously after relisting after a year id b happy with that!! Either way patience needs to b shown. Completely agree with scyther tho, we need to keep emailing them and remind them us Pi's are still here.
Ppa is issuing 1.3billion shares at .01 which caused the shares to tank, that and the other fact that they dint complete the Rto. Chc is raising funds through a placing at .35 so I very much doubt they will tank but who knows and if they complete the Rto than boom time is on the card IMO. Just need news!!
Relisted after being suspended after a year, went from 0.75 to 7p in the space of an afternoon. Gives us some hope!!
u can give me the 100 squiddies, il need the charity : )
cheer me up that is* What predictions have u guys got for relisiting?
up. Thought id let u guys know lol. Has any emailed the bulgarians, using the info from the post below?!!l
Genuinely think it's gonna hit 1.5p it's just a fantasy of mine lol. More realisticly, think we could have .5/.6 minimum 3 months after relisting tho. Hopefully markets will b a bit better by then. And maybe this time next year we could get 1.5p Whooooo!!!
Jerry76 wasnt really rubbing me in anyway lol. I was just amused by his post. I felt doom and gloom like his back in december when chc first got supended. I am more confident things are moving on and deals are almost signed, just waiting on the slow bulgarians. Positive mental attitude is where my minds at. No point stressing cus in the not too distant future these babies will relisting upto 1.5p heaven hahaha!!!
I dont think were doomed due to your limited research not getting u anywhere. Thanks for the chuckle tho haha!!
Guys 6 months of waiting and weve been delisted, but i for one have full confidence that they will relist soon as they get the relevant documents from the bulgarians. So its just a waiting game again. I think that with the way the markets are at the mo it may be a blessing in disguise. Just hope they relist within the next 3 months!! Either way im still recovering from glastonbury and may feel a bit more depressed about the delist when ive fully recovered : )
Is what I say. I'm sat here patiently waiting for events to happen. No need to stress when u can't change things, but at the same I understand the ominous ethos that's going around. I for one genuinely have faith in Conboy, Kuenzel and Lee. They've completed a few rto's in the past and have dealt with various cash shells. Call it blind faith. The thing that gets me is that dates have past and we've not even had a little update. Hopefully tmmrw. Gl all. Peace
10th of June have been stuck in my head for the past 6 months, it comes along and nothing happens!!!