Member Info for substp

Hmmmmmmmm Statement on the Cabinet Meeting of 25 June 2014 4.2. Board of the Public Investment Corporation a) Mr Mcebisi Hubert Jonas, as non-executive director and Chairperson (during his term as the Deputy Minister of Finance); and Http://www.gov.za/speeches/view.php?sid=46300 "Isibaya is a division of the PIC that invests in commercially viable South African based projects that have strong, positive developmental impact. It is targeted at providing finance for projects that support the long-term economic, social and environmental growth of South Africa." Http://www.pic.gov.za/index.php/investments/isibaya/

Are they still holding the GM Mon.?

Or part of it to Thelo.... IMO... :-)

Fell free not to accept what I post. I'm sure you won't be here much longer. I didn't see Rapitrade as a hostole takeover either.

Or are you talking about Rapitrade wanting 10% of SNR for that small short term loan that they didn't get? Numbers had %13.95 of SNR.

Or are you talking about a strategic investor? But where does hostile takeover come into it?

"we had a 3rd party express an interest in repaying creditors and re-starting mining just before Andy Ruhan stepped in with his brotherly loan and the starting of the arbitration process." I don't remember seeing that anywhere.

I don't remember that at all. Please explain.

I think they have the funding to start it off again but I don't know how far it will go. Takeover ... not unless they put several more of their ducks in a row.....MO

Remarks by the Minister of Energy, Ms Tina Joemat-Pettersson, MP The New Age/SABC Breakfast Sandton Convention Centre, 23 June 2014 "I have directed the Department of Energy to accelerate the pace on the Independent Power Producer programme and I will make further announcements in this regard during July." "On IPPs we will focus on ensuring that communities derive benefit where these programmes are located." Http://www.energy.gov.za/files/media/speeches/2014/Remarks-by-the-Minister-of-Energy-Ms-Tina-Joemat-Pettersson-at-the-TNA-23June2014.pdf We'll see......

Allenby might have still been there if they had been paid.....

Ho Hum ... Couldn't even get this right...... :-( "This doesn’t bode well for shareholders, as the company has until 0700 tomorrow morning to find a replacement or that is it; curtains"

GM next Mon...... It is therefore proposed to seek authority from Shareholders to authorise the Directors to: (a) grant the Conversion Right exercisable over 50,000,000 SNR Shares; and (b) allot a further 61,000,000 SNR Shares for cash on a non pre-emptive basis. This is in addition to the remaining existing authority to allot 39,000,000 SNR Shares. If the Resolutions were passed the Directors would have the authority to allot a further 100,000,000 SNR Shares representing 36.8 per cent. of the issued share capital, assuming the Conversion Right has been exercised in full and the 51,000,000 SNR Shares the Company has committed to allot to investors and creditors have been allotted in full. http://snrplc.com/admin/resources/circular-9-june-2014.pdf

Beaufort doesn't show up on the LSE Nomad list....... Nomad is the issue here not broker Http://www.londonstockexchange.com/exchange/companies-and-advisors/aim/for-companies/nomad-result.html?name=Beaufort+Securities+Ltd&city=&contact=§or=&search=search Maybe they are going to apply for Nomad status?

independent power producer.

It might be months before they find out about an IPP.

I don't know but once they get another Nomad it should be back to business. I'm sure there will be some more surprises to come... :-)

Pay attention.... from the RNS.... In accordance with AIM Rule 1, if the Company fails to appoint a replacement nominated adviser by 7:00AM on 24 July 2014, the admission of its securities to AIM will be cancelled. I believe this is because the LSE suspended them and it wasn't voluntary......

Forgot to pay the bills......

Hopefully SNR will have it sorted quickly. Plays a very important part. Shouldn't have ignored/overlooked it.