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so are we expecting another update before the 25th? or are we now into Limbo from 25th despite this latest RNS ?

HI, yep ive been in RMP since Puntland days, and I missed the boat on 3 occasions. But still, you never know, we call still see an announcement last minute, so a slim chance to buy back in this week if there is an RNS. But TBH, if t i reckon we are going to hear more in the the latter part of the Limbo. I still can't see a company purposely delisting, and there are many stressed opportunities at the moment - even for RMP, so Ill leave it in. Main chunk has been pulled tho, with little gain !

then another 1/2 in a - meant ISA

Same
sold half in SIPP , so will consider sticking it in bailie gifford american b fund acc - its done done 85 % since lock down. The another 1/2 in a SIPP - it can wait now till news in the next six months. shame, was banking on 2.5 3 p to get out. just a waiting game now....again !

...so locked in then !

So no announcement on 25 Jan means another 6 months in Limbo correct ?

sorry. meant to add that
https://www.nortonrosefulbright.com/en-gb/knowledge/publications/94734f5e/spacs-the-london-alternative

This explains pretty much all those questions. I understand we would automatically receive the shares back- albeit for a pittance, not necessarily 1:1 with Aussies

Here's a very balanced analysis of SPACS (both US and AIM) from Norton Rose - i think its worth a read, just to gen up on the mechanics of a shell if nothing else. I must admit I'm not too deeply familiar either, and found this helpful for my own understanding. Also, I wonder if an extension would be in the offing, because of Covid ? https://www.nortonrosefulbright.com/en-gb/knowledge/publications/94734f5e/spacs-the-london-alternative

Well said Oz...and well Written

Mmmm ..i kind of agree with cwebb there Quantum; there is a very solid history of negativity and waffle in your wake. Just meaningless tosh and having a go at people. You're free to say you disagree...sure...but you seem to make it personal...often!!
Just sayin ...so chill buddy. No one's ramping, we're just chattin and trading opinions .....it's a chat forum !!

I am sure it will. people are holding rather than buying in MHO. But i think any peak on the (imminent) pre dilution, is gonna be short lived-, probably on the back of the historic data / performance as yo say Cwebb07. DYOR, but If you want to exit twix a 3 -4p range watch it like a hawk it moves both ways ver very quickly.

HI Bongobondhu, did you buy in ?

If you buy back in you could still expect a good return ? There's always a risk, but there have been big buys even at 1p . As always DYOR

make sure you're keeping an eye on the dilution . Key is timing if you wanna get out by end Jan. Seen it and been burnt by it too many times since Puntland. 3 1/2 ...4p sees me right . good luck folks

hi...i don't really givs s**t about that, i just want my 3.5 / 4p and im outta here

.....you wouldn't chuck 500k on the table lightly, so keep your eyes peeled boys !!

are we talking Kenneth Baker of Mithril Resources Limited (ASX:MTH) - Company Secretary & Non-Executive Director ?

"500.000 Australian DOLLARS AND THE COMPANY ABOUT TO DE LIST WHO WOULD SPEND THAT SORT OF MONEY The register is very small and now with this person holds 6% that only leaves 30% retail witch is about 160 million shares for retail".....someone who knows it isn't going to delist. Why go to all the bother of being a cash shell just to force a delist. ?

yeah so let themselves get delisted? no way, something will be on the table soon. All depends how the market values it. But just to get delisted for doing nothing ? Unlikely IMO