We would love to hear your thoughts about our site and services, please take our survey here.
Schhhhhhhhh. Anyone have a feel for when an update on anything is due? I don't believe from a quick read through there are any "firm" dates but surely something due soonish eh huh ? SP continues to drift on very light volume. GLA LTSH (long term suffering holders) !
Just asking but what are the chances of this heavily beaten up diluted company being took private with Palumbo et al having it all ? I do own some shares but not a massive amount and was just reading the Velocys debacle that went private recently.
Imagine the price of THOR if we do ever get some out the ground ! In the meantime it's a question of financing(need to check cash in the bank) such is the nature of the beast on AIM. Lab results due Feb, fingers crossed everybody. By the way (asking tech guys) the downhole gamma logging returns up to 6,885ppm (0.69%) eU3O8 uranium is quite good right? GLA.
Am home now. Think that's an old one buddy from september.
https://wcsecure.weblink.com.au/pdf/THR/02755054.pdf
https://wcsecure.weblink.com.au/pdf/THR/02754993.pdf
https://wcsecure.weblink.com.au/pdf/THR/02754967.pdf
Hope they worked. Traded at 2.8c up from 2.6c so slight positive . Bed time, spare room ha ha !
Easy to say now but explains why there was such a lack of purchases from the Directors. Something I shall look out for in future.
No not ethical at all. AIM = The Wildwest
So those that hopefuly still have money to put to work what green stuff you looking at. I've started buying Gevo and have some Aemetis but want some UK ones. Quadrise? Or am I looking at another Velocys there?
Rainman7 - I'm not sure what happens to your shares if you say no but it goes ahead. It goes private so no tradeable price as will not be quoted. If offer not taken up looks like insolvency and as for a placing they didn't raise what they wanted last time and this time around it would be a supermassive dilution to get the money required.
Charliesmith - No. It's going private if the offer is taken up.
"It is the view of Bidco that the longer-term interests of Velocys and its employees therefore are best served away from the public markets. Bidco believes that Velocys is best positioned to succeed as a private company, with the current management team, and with an injection of growth capital from a consortium of long-term investors who have the requisite experience in supporting industrial companies as they seek to fully realise their potential"
So looks like they need 75% or more of shsreholders approval for the 0.25p take over. But will be providing on going cash around £31.5 million and a bridging loan if approved. Bizarre how the board have all said yes......oh yeah keeps them in jobs.