Member Info for Welshie7

And until we get an MOA and JV, we don't have an asset in Zim. OK!

Who the hell do you think you're talking to like that. Bang your head a little harder please and learn to keep your attitude in check.

Since when has the company advised they are awaiting equipment from China to be delivered to Zim?

Why would equipment sourced for a mine in Romania be awaiting customs check in Zim?

And people like riseagain won't be happy until everyone loses their money. Interesting triat.

@Bill it's a odd characteristic to have really, people gloating about others potentially losing money (or being down on their investments). It's a trait I'll never understand. Why would you be happy that people lose money? Strange indeed.

Oh an Mohh, still waiting for an answer.

Oh so you are mentally challenged. Talking about plop plops from your backside? Take your meds.

Oh and wait, what was I ramping? I've made 1 post yesterday and that was to tell you to stop being childish. So again, ramping what?

Are you mentally challenged Mohh? What's with the plop? You certainly sound like you are a few screws short.

Are you a child? Want to cut the childish comments out?

I think the only mugging here is by the directors. Metaleach so bad for us shareholders that the BoD feel it necessary in our interests to get rid of it all. It's just not worth it. Yet knobhead 1 and knobhead 2 still think it's worth their time and energy. In other words they are siphoning it off for themselves.

The Company has entered into a Disposal Agreement with Qora Capital Limited ("Qora") whereby Qora will pay, upon receipt of approval from Shareholders, the sum of £150,000 subject to certain conditions as consideration for the entire issued share capital of MetaLeach.

While Qora is not deemed to be a Related Party under AIM Rule 13, two of the Existing Directors, Alan Clegg and Martin Rosser, have been assisting Qora with its assessment of MetaLeach's technology and may have a role in its further development under new ownership. Neither Mr Clegg nor Mr Rosser are shareholders or directors of Qora, but Mr Clegg is a strategic adviser to Qora. In order to avoid any semblance of a conflict, an independent auction process for the disposal of MetaLeach was established by and under the absolute control of the Independent Directors, both of whom are independent of Qora. A number of expressions of interest were received and two offers received, with the offer from Qora deemed by the Independent Directors to be the most advantageous for Shareholders.

And whose de-ramping?

How is the suspension lifted and trading resumes? The reverse takeover requires shareholder approval so I don't understand how that's complete and we can resume trading. Confused!

No, the finance won't be approved until the GM on Friday

"He is here to make money" What a novel idea that is

Definitely good that they've avoided asking for substantial headroom. It does seem the company is finally turning a corner and hopefully continues without any huge bumps in the road.

That's not necessarily true because there are currently 2.315b warrants available to transfer to the new funder if part of the loan is used to pay off the Mercuria debt.

"will reap up to 13% of Marange concession!"

Not quite 13% of the concession, it would be 13% of Vast's share of the concession.

You could just have a look at their website.

Could be for a number of reasons, ranging from:

Debt, Equity & Convertible Capital Raising
Financial Sponsors & Venture Capital Coverage
International Coverage
Mergers & Acquisitions/Strategic Advisory
Restructuring

They also serve a lot of institutional investors.

I'm a little concerned by the stake built by Hawk Investment Holdings (from a brief search of them). Hope we don't get shafted here.

and you also meant £27500 :)

Amazing dilution there and why 0.02p? That's a massive discount and massive amount of confetti for a paltry amount of working capital.

Makes you laugh that the company also had to give just under 3% of the company as commission lol. Warrants at 0.025? The "directors" are a joke. Couldn't even be bothered to participate themselves.