focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
It seems a silly decision as Hoodoo could just sit back and not go to court. So HSO cannot continue as the dispute is not settled.
They should give hoodoo a set time limit to take further action. If they do not then HSO should be allowed to continue.
Confident or just averaging down?
Yes correct but that effectively means they have no case. They cannot undo the rulings at the previous meetings so what will they argue ?
If I were a funder I would want a large and very cheap holding in tomco, just saying.
Not the end, there are a few spikes left yet.
Ah, ok, no questions asked then. Just let them fail over and over. I get it. I didn’t realise investors were not allowed to question the quality of the bod.
Yet again the problem with Tomco is that shareholders have to find out important and relevant information for themselves. This BOD simply have a complete disregard for shareholders. This news of an issue with the mining/drilling rights is very important for shareholders but yet again the company simply ignore us and say nothing. They are a disgrace.
We simply matter not one dot to them. All they care about is where the next £250k will come from to line their pockets with salaries. Those few who chip in for this cash will be fed some info to encourage them to cough up. How the bod can get away with it is beyond me. They should have either rns this dispute or made a statement on their position with it.
Pathetic. I hope the bod read this and grow a backbone and give us a statement on its position but I doubt they will.
Spineless, Weak, Ignorant, Incompetent, take your pick?
Can buy and sell on ig
the sp would need to be north of the last placing price of 2p for them to get any cash from the market. Just a couple of contracts should do it.
someone is loading up.
Nice 5m buy at the end . Could tick us up Monday morning, add a mix of news and it could be a good week.
MMs dropped it this morning on 2m sales, i cant beleive it has not ticked back up. Must be a large sell order in maybe?
from microsaic.
A settlement plan has been proposed by DeepVerge to Microsaic, the terms of which are substantially agreed subject to clarification in respect of suitable potential security for the balances due.
it is a formality and should be announced very soon along with the 'imminent' new contracts. Any talk of a placing is just de ramping by those who want to buy the big chunks like the 900k and 1.2m just gone though.
Share price 6 months ago was 10p, now 0.6p, all bad news out in the open with a good outlook going forward. New contracts imminent and a possible £4 m in warrant cash at 3p per share if they can get the so back to 5p within the next 6 months.
I bet they will do it.
Following the above review, the Company can confirm that the current order book for Modern Water and Glanaco exceeds GBP10m, all of which is expected to be deliverable, and recognised as turnover, in 2023 and 2024. Further contracts are being sought, and, if tendering is successful, will be announced in due course, with some expected imminently.
Expect contract news very soon…
August 2022 SP was 16p, so 5p is possible now that they have cleared the decks of all bad news imo.
Possible warrant cash to come in on positive news and getting the SP up.
In addition, there are 135,187,500 unlisted warrants at an exercise price of 3 pence per ordinary share and an exercise period until 16 November 2023. These warrants are freely transferable and were issued on 16 November 2022
= £4m
In addition, there are 11,265,622 unlisted warrants at an exercise price of 2 pence per ordinary share and an exercise period until 16 March 2026. These warrants are freely transferable and were issued on 16 March 2026
= £225k
Good news from here to drive the price up to 3.5 for the 2p warrants and 5p for the 3p warrants. Achievable with a couple of decent rns?
1.5 to 2p all over this.
it would be nice to hold both legs in the 5s today. Then push for 6p+ before thursday.
MMS dropped it to try and shake out some sellers, it didn’t work, buyers will take over again soon.