George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
They've delisted from AIM so no longer obliged to release news via RNS. Company still seems to be a going concern, other than Virosynth which are being wound up. Suspect this was the plan long term, delist from AIM and just carry on without the agg of shareholders breathing down their neck
Old Linen Court
83-85 Shambles St
Barnsley
S70 2SB
Shambles Street lol, you couldn't make it up. Loads of firms are using that address as well.
No one would buy shares in a business that's being wound up, plus they have no value anyway. What little money is left will be used to as part of the admin process. Shareholders are bottom of the list, sadly you need to write off this investment.
Castlepaul13 is the Uncle Albert of LSE... most things he invests in either hit an iceberg or sink without trace. If he says it's going to 4p then just stick a 0. in front for a more realistic outcome. Be careful of what he ramps in other words
You'd probably get a better chance of a return if you went down your local casino or bought a few thousand scratch cards with your money.
Let's not forget Duffin was paying himself £16k odd a month here for his wonderful leadership... At least he hasn't been left out of pocket. Wouldn't trust him to run a bath let alone a business.
Was the inevitable outcome sadly. Another AIM firm ran by incompetent greedy fools bites the dust.
Shares are normally quoted in pence, as they were in the RNS at 0.3p. Current sp is 1.525p, not £0.01525 even though it equates to the same. If it is a typo in the RNS then that's a major c*ck up and should be corrected asap. Don't be surprised if 0.3p is correct though.
No it's not. Where on earth did you go to school. 0.33 is roughly a third of something, just as 0.5 is half of something So, 0.3p is a third (just under) of a penny. It could also be written as £0.003 if dealing with pounds
You'll get an update next week as the 6 month suspension limit is up on Tuesday. I suspect that Cave wants to delist, hence no GM has been reconvened to vote on it, half yearly accounts not submitted etc... just get booted out of AIM by default and remove the shareholders from the equation... just my opinion of course, they may still surprise us.
Think you have that the wrong way round ATP. They've had Volz on board for several years and they have manufacturing facilities in the UK, Germany and Slovakia. There of course might be technical reasons they can't produce anything but Volz don't seem in any hurry to bring anything to their product range.
Just imo.
Cave has had several years now to bring products to market, and that's with several £M in the bank, a partner in Volz, staff, labs etc ..
The 6 month deadline to come out of suspension is next week. They will be delisted without anything in place to take to company forward. The company might well survive but will it be listed on AIM is another question.
Cave replaced Duffin as director of P2F on September 1st
Castle, read the 14th June RNS. All staff have been released and the company is no longer trading. There has been no update regarding successful funding or restarting of operations since.
8 working days until the 6 month suspension deadline is up, and the company will be delisted without an update. Guess we'll find out soon enough.
Just biding time now til they get kicked out of AIM. Cave, NTU and Volz can do what they want then without the aggro of shareholders and an AIM listing. Delayed half year report, 6 months limit on the suspension almost up, and no sign of a GM. being reconvened after the imaginary interested party doing due diligence. Cave should be ashamed of himself.
Short of going to Nottingham and tracking Cave down in person there isn't much you can do if they aren't replying to any email / phone contact made. Just have to wait for an RNS update.
Maybe contact Cave via NTU?
https://www.ntu.ac.uk/staff-profiles/science-technology/gareth-cave
All of the staff were laid off back in June so it's only the remaining directors left, wouldn't expect any reply from a company email tbh. Only a month or so left before they get booted from AIM so time is running out for positive news of funding etc...
Makes you wonder whether this is the plan... by getting kicked out of AIM by default. Half yearly report is overdue past the final deadline (end of sept), 6 month since suspension getting close..
Wasn't there supposed to be a GM to vote on cancelling the listing on AIM. Getting booted from AIM makes any shareholder vote irrelevant.
No. Read the RNS. It states they are not in a position to release the results by 30th September, which itself is an extension as the results were due by 30th June.
Cave has a lot on his plate now. I assume he still has his uni lecturing duties at NTU, plus his research projects. Add to that the task of salvaging something out of NNN. Busy end of year.