George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Yeah nominal amount of 70p.
contains a license for: https://www.mcmc.gov.my/en/sectors/telco/licensing
I guess they can offer any complimentary services relating to the license.. alongside the mobile stuff they already offer
£74m net cash .. £140m m/c
If platinum and palladium make moves here, and continues up.. then palladium has just bounced from a decade low.
Incredible.
But what could be more important is that USDZAR has now fallen for 5 days solid.
Incredible move off the lows from palladium there!!
Heading to 2p plus in the short term imo. Based on today's RNS alone never mind what else is due!
Kansagra family bankrolling it 1p.
PureBond is their family fund. Self-made, wealthiest Asian family in Britain. They had previously invested in Moxico Mining which is an unlisted copper play in Zambia and has done very well. That is the child of Peter Wynter-Bee, who has come on board as a director at Kavango. I feel things may notch up here in coming weeks.. Gl all.
If these flow rates are what a fair few expect going from drill RNS’s.. the noise from company on “oil production”, Sonangol as a multi billion state oil co partner, further assets, chairman co taking option on Align’s shares at 1.2p, the aggressive option vesting levels for management.. etc etc. If you can hold.. this could just be the one.
Clues are all there..
Yeah pretty strong move on Gold. Hopefully it stays up here
Better few buyers this afternoon. bit daft people selling this in 10p’s earlier when it was so tight on the funding. Just a waiting game on news
Nice one Inittowinapenny. Q2 only a few weeks away.
It’s interesting to note, and many may have missed this. That one of the conditions that need to be satisfied for TETE to move forward with merger is that Superapps and Mbo have completed the disposal. Here are the TETE closing conditions from Nov 23 document on SEC website.
TETE’s Conditions to Closing
The obligations of TETE and Merger Sub to consummate the transactions contemplated by the Merger Agreement, in addition to the conditions described above in the first paragraph of this section, are conditioned upon each of the following, among other things:
● the representations and warranties of Super Apps being true on and as of the Closing, other than as would not reasonably be expected to have a Material Adverse Effect;
● Super Apps complying with all of the obligations under the Merger Agreement in all material respects;
● Super Apps and MobilityOne Sdn. Bhd., a Malaysian private limited company (“MobilityOne”) which beneficially owns 100% of the outstanding ordinary shares of OneShop Retail Sdn. Bhd., a Malaysian private limited company (“OneShop Retail”), shall have closed the transaction relating to the purchase by Super Apps of 60% of MobilityOne’s ownership interest in OneShop Retail pursuant to the Share Sale Agreement, dated October 19, 2022, by and between Super Apps and MobilityOne, which is attached hereto as Exhibit 10.11;
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● Super Apps and MobilityOne shall have entered into a shareholder’s agreement, which shall govern the relationship between Super Apps and MobilityOne as shareholders of OneShop Retail, including with respect to the composition of the board of directors of OneShop Retail; and
● Super Apps and MyIsCo Sdn Bhd, a wholly owned subsidiary of MyAngkasa Digital Services Sdn Bhd, a Malaysian private limited company led by Angkatan Koperasi Kebangsaan Malaysia (“ANGKASA”), shall, at least one day prior to the Closing, enter into a Collaboration Agreement (the “Collaboration Agreement”) allowing OneShop Retail, as the authorized bill payment collection and credit lending agency of ANGKASA, to operate its payment collection system through ANGKASA’s authorized dealers for the collection and remission of any payment of bills via cash payment, credit card, debit card or cheque. The Collaboration Agreement is attached hereto as Exhibit 10.12.
“ Horizontal wells have become a preferred method of recovering oil and gas from reservoirs that occupy horizontal strata (or nearly so) because they offer greater contact with the surface area than vertical, or conventional wells. With the ability to steer and maneuver the well in different directions, operators can hit hard to reach areas and stimulate the reservoirs very effectively.”
“the production factor can be enhanced as much as 15 or 20 times, making it very attractive.”
Good man
There will definitely be eyes, considering VRCI was a spin out from Renx