Member Info for Vadri

@learning_a_lot I think that analysis seems fair, ideally we get an RNS that states we have the funding agreement signed off and we have made signifiant headway in builidng the mining infrastructure,

When/if the $7m funding agreement sign off is RNSd what share price/ market cap are people expecting??

He crossed the threshold in December, surprised it has taken him 3 months update the market

This is from the document and relates to the placing offer for existing shareholders Offer to Shareholders As previously announced, in recognition of Shareholders� continued loyalty and valuable support, the Board intends to offer those Shareholders (save for restricted overseas Shareholders) who held shares as at the date of the Company�s suspension from trading on AIM in December 2016 and who continue to hold their Ordinary Shares, the opportunity to participate in an equity fundraising, at 10 pence per share, the same price as the Placing. Any such fundraising would be capped at a maximum of �500,000. The Board currently expects to make such an offer in Q1 2018 and further details will be announced, following Admission, as and when appropriate.

Does anybody know if everything goes according to plan at the AGM what the likely timescales are for the relisting?

Thanks for your insight - id be happy with that share price if it comes to fruition. The company is offering existing shareholders a chance to buy placing shares, what are everyone's thoughts of taking advantage of this offer? In other words do you see yourselves having the confidence in the management to make it work?

GS - What do you think share price will be upon relist taking into account the enlarged number of shares due to placing?

http://www.alectominerals.com/news/Corporate%20Update%2029.09.17.pdf

I havent tried contacting the company directly. I shall do that and will share any information they come back with. In the meantime if anyone else can shed some light based on their experiences or contact with the company already it would be appreciated.

According to AIM rules: Where shareholder approval is given for the reverse takeover, trading in the AIM securities of the AIM company will be cancelled. If the enlarged entity seeks admission, it must make an application in the same manner as any other applicant applying for admission of its securities for the first time. http://www.londonstockexchange.com/companies-and-advisors/aim/advisers/aim-notices/aimrulesforcompaniesjan16.pdf Does this mean that: 1) Until shareholders don't approve the takeover ALO are still on AIM and have to adhere to its rules even though trading is currently suspended? 2) if they are still officially on AIM then I am assuming they have to publish their results very soon as according to AIM Rules? if they dont what are the consequences? 3) If the Shareholders approve the takeover does that then mean they have to relist as a new company according the rule highlighted above and if so how long will that take?? If anyone in the know can shed some light on the above i would be very grateful as the more i think about this the more confused i get.... Thanks in advance

sorry for the late response 8181045 shares at 0.0917p

I hold 8181045 shares... Trying to free up some funds so that i can buy some more upon relist

Back of fag packet calcs.... By bringing the mine into operation without upgrades at current prices: 5816 dollar per tonne for copper x 10,000 tonnes per annum = $58.16m revenue in the first year with upgrades: 5816 dollar per tonne for copper x 22,000 tonnes per annum = $127.95m revenue in the first year Not sure what the profit margins are but revenues themselves seem hefty...

In the article it mentions mining 1.2m tonnes of ore per year. Does anybody know, what percentage of that would be saleable copper?

I emailed the Gib Ministry for Environment and their response was that it is still under the tender process. Reading between the lines I agree that Brexit may have had an impact as their is uncertainty over changing parameters and consequently delayed the process. The monitoring Division seems to be doing well with sales to China reported in October and also the successful ZLD pilot. Everything seems to be going in the right direction

I wonder what happened to this... Can anybody shed any light on the delay?

in answer to my own question this is taken from 23rd June 2015 speech by the Minister for Health, Environment, Energy and Climate Change: Wastewater treatment plant The importance given to the quality of our waters and our beaches is clearly enshrined in the announcement I made earlier this year regarding Gibraltar’s new wastewater treatment plant; a project that should have taken place many years ago but which the previous Government totally ignored, despite the fact that it is an EU Directive requirement. The tender process is now nearing completion and I will be making an announcement soon. This will ensure that Gibraltar is finally compliant with the EU’s Urban Wastewater Treatment Directive.

Anybody that can shed light on what's happening with this?

Thanks, I've had a look on their website.

Tozerk, how did you find out they were in administration?