Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Ambiguity aside, at the end of the day we hold shares in the company, not in AIM. If they trade on another exchange, that does not mean our shares are worthless I would say, since the company still exists. I think this RNS goes deeper than trying to "shaft" UK investors. In the end alot of new interest could generated by a re-application once funds have been raised in Aus. Also, a dual listing allows the share to be offered in ISA's and Pensions (hence he "tax advice" comment in the RNS). Still, there is no guarantee...but it isn't over yet.
Exactly ...our day will come !!
there's a lot of info ...but Im feeling a bit more optimistic having digested. If we re-list at end of July - its going to take a few monts so we could be looking at almost another year.
Yep, some ambiguity for sure; but i am not being too negative at this point. There's alot to see online regarding stricness of rules between AIM and ASX, where the former are more rigid where the process could go beyond the cash shell limitations. With that in mind, and the contractual agreement between RMP and the seller to do the deal by a certan deadline, the RNS supports the notion that this is all to mitigate risk. I certailnly hope so. Then again it states ...."at this time the intention to relist ...etc"
....therein for me lies the abmiguity
HI, I don't thiink UK shares are "wiped"- ...it's just a timing / risk management regarding deadlines IMO, where AIM seem to be stricter thean ASX....I hope I am right !! But again, admittedly there is an element of ambiguity in the RNS
I rather think they will be valued as normal after readmission to AIM in July. It seems this is a move to ensure there are no delays that could potentially force RMP to miss the deadline imposed by cash shell rules
88E on hold for another year. When will I ever learn ? Another whitewash RNS - thank goodness its just a couple of hundred quid tied up till god know when
88E on hold for another year. When will I ever learn ? Another whitewash RNS - thank goodness its just a couple of hundred quid tied up till god know when
Yep...there will be more drilling and a lot of research has into extraction methods, which have advanced the economics / viability of the asset generally -if that can been scaled up of course. Coupled with the increasing prices in PGMs , growth looks potentially promising. But you never know, so I still have my exit point, and when it hits that, I'm gone. Having said that I put 500 quid into 88 Energy at 3.75p (like a succor !). Lets see what happens !
yep sorry- cents.
I think it'll be better than all the oil failures at least. We see, but I think it is a lot safer now than ever before. regards
so amount / 100 x 14 x 10p. Pretty much gives an equivalent of 1.7 p ish now.
seems that way I guess and then what ever it climbs to a bonus
I am more that happy and to be honest - surprised it has turned out as big as it has. The valuation in the ground runs into billions. I have also been adding over the years and have a considerable holding and i would hope that 10 p a share with a 14/100 swap would see a very healthy return- but I think the appetite for PGMs is huge and i would not be surprised if this really soars beyond anything oil would have offered. Finally there is something tangible to invest in rather than hype
Nice summary here:
https://themarketherald.com.au/red-emperor-resources-asxrmp-prepares-for-17-5m-project-acquisition-2021-03-25/
Dilution from the outset no doubt. And I think we got a long way before trading starts
Yeah 6 months, so ages yet. I'm confident this will come to fruition- i's just probably back and forwards until all conditions are met for approval- A little over three months left. RMP surely can't balls this up ?
3p would be nice , and then im a gonna
GL all
More on Extraction technique :
file:///C:/Users/ALEU1B820016/Downloads/M0458-Panton%20Sill%20Project%20testwork%20Final%20Report.pdf