Member Info for Swify

Yep....in hands of regulators as we speak. I feel Rule 11.1 "change in business activity", suggests a Panton PGM buy in for Red Emperor. If its for the residual 20%, then that would equate to 3million AUS Dollars I guess, because the original sale price was 15 Million and Panoramic sold 80% for 12 Million already. What seems to have shifted is the manner in which Platinum group metals can be extracted. There is a new process in the making which drastically reduces cost, waste per KG. Plus Platinum and other rare metals are at the heart of the EV revolution. The mine itself is very close to Paneramic's Savvanah operation and close to the east/ west Highway.

https://www.australianmining.com.au/news/new-platinum-extraction-method-to-aid-kimberley-projects/

If so, could we be looking at 20% - the residual held by Panoramic? Making RMP a decent percentage stakeholder?
Could be good news all round after 10+ years; I'm quietly optimistic- so we shall see.

on a final note, surely we have to see a submission to AIM also before a re-listing can commence

I reckon an update by mid / end March- maybe next week

possible news

https://hotcopper.com.au/threads/next-week-maybe.5935276/#post-51480325

Belles...RMP are a cash shell now and as such are in suspension. With talk of a deal in the making of some description- "in 5 days" ...which was 5 weeks ago. !

Well, that may still happen medium term GPRD- assuming they got something that is. Over on Hot Copper there's (Unsubstantiated ) talk : " reporting that RMP buying into The Panton Sill project. Aussie PGM mine prospect." That could be good where state of that art extraction techniques could ratchet production of rare metal (platinum @ 570 dollars KG included). PAN is a ltd co also, and might be looking for short route to AIM and ASX- here's hoping ...again !! DYOR

Last chance cafe with this shower of schite IMO. lets hope we get our initial back for those who are happy with 1.6 / 1.7p ...if it ever reached that again!! .

Likewise ! I'm Done with this sht, perpetual misinformation, delays and dilutions to fund board salaries.

Boney M ended up being fraudsters. Their speakers failed at a concert and they were caught miming ! Same a villy F** manilly !!

Woh ! steady on there Ruskarian ; -)

in the circumstances - possibly. Should have sold all at 1.7p - and be done with this bull sht .

They said an announcement would be forthcoming in around 5 days after the suspension....and still nothing !

could be a number things , its too vague at the moment to glean any meaningful direction from 11.1.... Its just another ball ache episode at the moment...another waiting game in a 7 year game of waiting.

me neither- maybe the self announced suspension was a ruse to buy more time and avoid a huge sell off. Either way, this share is a major ball ache !!

.....That theory out the window then !

...............that theory out the window then !

Possible though:

https://www.energynewsbulletin.net/development/news/1398143/sacgasco-to-get-cracking-on-drilling

From late october 2020:
Sacgasco to get cracking on drilling
SACGASCO has begun construction of the drill pad for its California gas well Borba 1-7 with drilling expected before the end of the year, where it says there is significant interest from potential partners to participate in and fund the drilling.

That would be very interesting, but do SGC/XST qualify as "acquisitions", as they are already listed companies- albeit on ASX ? Can they be AIM acquisition status under cash shell Rules despite that ?

thnx

HI Candi...."within 5 working days or earlier.".....I can't see that ? Is where is info for that please cheers