Member Info for Suzy2

Here it is then, sigh...

The Capital Reorganisation will not of itself affect the value of the shares held by Shareholders. After the Capital Reorganisation there will be the same number of New Ordinary Shares in issue as there are existing Ordinary Shares and therefore Shareholders will not be diluted (other than as a result of the Capital Raise).

The New Ordinary Shares will have the same rights as those currently accruing to the existing Ordinary Shares in issue, including those relating to voting and entitlement to dividends. New share certificates for New Ordinary Shares will not be issued and the existing certificates will remain valid.

The Deferred A Shares will have no significant rights attached to them and will carry no right to vote or participate in distribution of surplus assets and will not be admitted to trading on the AIM market of the London Stock Exchange. The Deferred A Shares will effectively carry no value.

Right...it was the deferred A shares being valued at 0.9p that through me...if the ordinary shares had been valued at 0.9p not 0.1p there wouldn't have been any discount, would there. Is that right. Lol :-(

Can someone with a better grasp than I've got explain how this will pan out...do you have to buy one million to get 500,000...if it goes up 1p and you've got 1 million to you get 500.000p?

It's good thing to have a Kosovan director on the Vardar Board, how'd you do Ismet Krasniqi .

Just been reading comments on Placeera and this from Waldorfastoria describes the beast I'm struggling with, optimism, I've done it so many times before.....but we have survived when we could have gone under long ago.

"Many seem to be of the opinion that it is better to buy for less than 8 öre after the issue. But if you want the company to progress, you should participate. It should be a worse deal to pay 7 öre if the company fails with the issue than to pay 8 öre and the issue succeeds."

He's as naive as I am! Lol.

TheFarEnd...What do you want me to say....for someone who doesn't follow this board you're here rather a lot. Are you very glad you were right, are you so very amused by it all , are you a few inches taller that we're so diminished.

PS I've got to go out...I'll have one or two when I get back.

Eric...lol. Meant to reply earlier but I got interrupted. The appointment looks good, but it doesn't alter the fact that our long loyalty to this company through thick and through thin has been ruthlessly played; it had all the appearances of a deliberate crash. Surely something a bit better could have been made than this derisory offer and I hate these A & B shares, I don't understand them. I do understand reality, this is it and it's a lot less than we deserve. War paint? Actually, I've been trying to rub it off but it's like rubbing spots off a leopard. Have you noticed Pocko is talking to me again...I've have made some progress. :-) Afty x

Keep talking Sj...the appointment has a good feel to it and with Mayflower's comfortable words...there's still a lot to do before the mine is up and running, I'm beginning to believe again. TheFarEnd...get your teeth into that...while you're here commenting on a share you don't follow. And we're not back at the beginning in terms of things accomplished, we're half way there.

Sorry folks...but it's made me feel a bit better, not quite excited yet but who knows what tomorrow may bring...if Dymytro can bring us a bit of propulsion, that's what we need. OK, then, let's go.

Good luck Dymytro, GLA.

There you are Wodman..are you in the mood for a poem?

“We shall not cease from exploration..And the end of all our exploring...Will be to arrive where we started...And know the place for the first time."

Is another day.

Sleep tight y'All. X

Yes, we are because the alternative would have been to shut up shop...and we were formally given permission to proceed with ongoing work which is applying for the EIA on the presumption, naturally, that the Government's decision will be found to be safe, and of course at our own risk.

I didn't mean ownership would affect the outcome of the Court's decision, I meant nobody would want to be seen to pre-judge the verdict.

Yes, Pocko, I agree, they wouldn't have to bail us out, they'd pick us up for next to nothing. Northlands now Kaunis was bought by private investors and I think they've made a success of it.

I imagine I know the answer to one question put today and that is where are H2G and LKAB to bail us out when we need them...well, nobody who's anybody could bail us out publicly until the Court's decision is delivered, could they?

We've had no satisfactory answer to what they were doing during the six months review, what were they reviewing? And the comment from Bowie that these permits are expensive, just beggars belief.

We've been in the situation of waiting and waiting for the award and the appeal which has brought us to this point and we've survived...but recent events as outlined, huge salaries and the pay off to Kurt has broken our trust. Just looking at this from the website...I was looking for a notice of directors shareholdings, saw it recently but can't see it now. This is something to meditate on:

"Clearly, corporate governance alone will not make an investment attractive if the business model itself is not convincing. But all other things being positive, particularly the business acumen and experience of the Management team, investor attention will turn to the calibre, expertise and integrity of the Non-Executive Directors, and therefore their ability to oversee, challenge and advise the Management in order both to drive value creation and to protect the interests of shareholders at all times."

Not much to say is there, just thought I'd put my head above the parapet and see what people's thoughts are. I'm wishing I'd sold the lot at 2p. Bowie needed to come up with something a bit better than...this is critical for the company and these permits are expensive. Don't we know it!

RNS What a very complicated arrangement.

I didn't so much as sleep on it as stayed awake on it and that's exactly what my theory was; as you say we've been here before, it's familiar territory.