Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If fundamentals is strong that is biggest signal this company will survive in long run . Yes they have signed multi billions project with big player in old field. Companys dont waste their time and money on for nothing .
Big bank will see return on debts as they know so money will be sorted out very soon as they will find best solution soon.
Shorters are just like PI buy or sell for money and they know nothing more than us as they show many time shorters lose money as well as .
They bring it down to buy all this with very cheap and they owe IP , How good it is and shareholders lose everythings . That is what invest in AIM.
Shorters cant bring it down as they tried it many time. waves of news will come and we will see that will kill all shorters , As soon as PFC sign news contacts and keep all working on.
Yes every month they give themselves 30637852 for free , So what value do they bring to this company to get those reward shares? ompare from last month to today as things should be consider. How on earth the most destroyed share and they got reward .This mess up must stop .
Yes any RNSs will issues by NOMAD for any AIMs companys . That is why regulations differently compare with other exchange .For the record how can a company issues a rns very good on progress and one one later there was a rns said the need 35 increase to finished the building . Anything will decide by NOMAD and what they can issues whatever they find its best interes to them . Hard lesson to learnt.
Horizonte estimates the full funding required to complete construction and bring the operation to positive cashflow is US$567 - 592 million. This consists of the Project CTC of US$454 million, as announced on 19 February 2024, plus US$89 million of pre-production costs, ramp up costs, general & administration and working capital required to bring the operation to positive cash flow, and US$25 - 50 million that relates to transaction costs and a minimum cash contingency.
How easy to get a load with this amount of money? If they only got something underground so how secure the load will be? This will be sell off and new co will take over , That is all shareholders get in return.
Existing shareholders should note that whilst the Company continues to work closely with its major shareholders and senior creditors on a full funding solution, there can be no guarantee that a refinancing and restructuring solution will complete (including any interim funding). Even if it does, the conclusion of any such solution is unlikely to lead to a positive outcome for existing shareholders, noteholders and creditors of the Company. Further, if it becomes apparent that an interim and/or a fully funded solution is unlikely to be found, the Company will have to look at all potential options which could include putting the group's projects in care and maintenance, liquidation of assets, and or starting formal administration procedures in the UK in relation to the Company.
So they can find an fund there will be no interest to shareholders at all as there will be nothing left. then the last they said it is maybe going to admonistration. , Start the end of mine .
Cuban_Cigar
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You setup a nick name from 2023 and only post nagative on PFC , that is good work out who you are and wellcome to chat broad.
Short share itself not bad as that way they will keep value on balance as sometime if there is nothing on one side they will use power to pump it and run away as any AMIs share now. Othe hand short share will bring down any pumps and drump . only matter is. Broker lend out sharesnot belong to them but they take from shareholders without any permission. That points we try to protest as they cant use those share and earned interest from that shares. We need to stop them doing so.
That is unfair as they lend your shares without any permission from you they they earned interest in that . those shares borrowed will drive value down so basic they do double harm as you got nothing but see you value on share down . we need to stop them lend out shares from PI without permissions as that is not legal as thise share belongs to us and brokers can use it as they like.
You need to ask CEO how this company perform over four years until now? is this good if you bought from IPO and hold it as a lot big shareholder lose 90 % capital and they face with difficulties as they cant vote out CEO , event he cant do this job but insist he can but share price down as you know. Until he go share will be like this .
Yahoo
Business Wire
Corica Mining Services ("Corica") - Suspension of Mining Services for Hummingbird Resources PLC at Kouroussa Gold Mine
Business Wire
Wed, March 20, 2024 at 9:04 AM GMT·2 min read
ABIDJAN, Côte d’Ivoire, March 20, 2024--(BUSINESS WIRE)--Corica has been engaged by Hummingbird Resources PLC ("Company") to perform mining services at Kouroussa Gold Mine in Guinea ("Kouroussa"). Mining operations commenced on or about 15 September 2022. The Company has subsequently failed to make payments to Corica for mining services performed and has also failed to provide a Company Deed of Guarantee, the provision of which is an express term of the Contract.
On 17 March 2024, by formal notice to the Company, Corica elected to suspend all works under contract at Kouroussa due to the Company's substantial breaches under the Contract, which pertain to:
non-payment of invoices totalling approximately USD $27 million for work completed, and
a failure by the Company to procure and provide a Deed of Company Guarantee.
Each of these substantial breaches of the Contract gives rise to a separate and express right for Corica to suspend work at Kouroussa.
Corica assures that this measure remains conditional and reversible. Corica has over two decades of history in contracting with major clients and is proud to have had zero litigation to this date.
Corica's recommencement of works is conditional on the Company, within 28 days of the date of the notice, making payment of monies owing to Corica and providing Corica with a Company Deed of Guarantee.
Trouble with any AIMs is they can public any kind of RNSs as they like without being prosecute as this is how it work .that is why RNS s as pump and dump only. Something unbelievable in RNS but who care and who is responsible ? Nobody at att