TOM-vast I will take 10-12% tomorrow that will set us up nicely for next week. Not sure why you are suggesting funding delayed as it all appears to be gearing up for next week with CEO visit and interviews. TR1 will certainly have an impact and confirmation of funding really could make this multi-bag several times.
No COdey I and others wanted Mengo to produce and fund Djeno I have continued to state this over the year. AAOG have been so underhanded that the collating / counting of votes is a worry.
OilNo It will be a drain on time, money, more wages (New advisor engaged, expected,) horseh....t and then handed on a plate to ATOG This is why it is a bad deal for everyone and Align have stepped up.
I certainly agree with your first paragraph " it's more that they feel it's a distraction from their other asset." This is what makes me believe that this has be organised from the outset by DS and JB. Zen IMO will not benefit from this. ATOG will get Djeno and drag ZEN into a world of pain and legal action.
Today RNS released by ZEN had the spin factor IMO. There is certainly a deal with in a deal here and the AAOG and ZEN investors will pay the price.
OilNo it would appear you are one of the very few holders of ZEN that are actually positive about this attempted transaction. You are touting for investors for ZEN however from reading the ZEN board (very few posts) the majority do not want this to happen. I expect the ZEN SP to be fall if they get the votes required, will certainly be a case of sell on news.
This is why IMO people will not be buying into ZEN despite all your efforts.
I appreciate that this may have to be a ZEN decision. If there was a delay then Align might get the details requested from AAOG and enable them to proceed further.
Will this delay the voting on 13th to ensure that the AAOG board provide clear and unambiguous details to both ZEN and Align to ensure further progress can be made on a fully informed basis?
Will this delay the voting on 13th to ensure that the AAOG board provide clear and unambiguous details to both ZEN and Align to ensure further progress can be made on a fully informed basis?
A few new posters trying to promote ZEN it is up 20% but it would appear that the majority of investors do not want the AAOG/Zen deal. If ZEN do get the vote then watch for the sell on news gang IMO.
I think Align are waiting documentation / clarification from AAOG. Whether this will be forthcoming in time is yet to be seen , more shenanigans from the AAOG board?
No proposal other than the Disposal has indicated a certain ability to provide finance in that quantity while allowing AAOG and its shareholders to retain such a large interest in the asset.
Typical board room speak it’s Time to find out who is putting up the money.