Member Info for ZagEgypt

Another stella day/week in the life of OEX.
And dam, I am in this for the weekend!!!

Very nice

Novice
What makes you think I'm that flush that I coins, maybe 1 if I scratch around

So an RNS nobody wants to see, where is the start of production RNS.

That's assuming the taps are on?

Are we expecting any info from todays GM or just blanket silence as per the norm

Good to see no discussions about CEG taking place!!!!!!

A bloody date for when they start producing

I do have to say who ever writes those
RNS Out posts is a bit annoying

Clearly nothing going in the background

Novice
Thanks for your support!!!!!!!!!!!!!!

Oh dear, tuff couple of weeks here since they bought the Crypto company(license).
Might have to top up on the 1.30s range.

Went for lunch and few % down, now 12% down !!!!!!!

At the EGM, the following resolutions (the "Resolutions") will be proposed:

1. As an ordinary resolution, to authorise the increase in the authorised share capital of the Company to £10,000,000 being 50,000,000,000 Ordinary Shares of 0.02 pence each.

2. As a special resolution, to authorise the issue of up to 8,504,275,076 Ordinary Shares in respect of the Conditional Placing, the Broker Option and the Settlement Shares, and to authorise the potential issue of up to 576,559,486 Ordinary Shares in respect of the Fee Warrants.

3. As a special resolution, to authorise a general share authority such that the directors may, prior to 31 December 2023, issue up to 10,000,000,000 New Ordinary Shares without the need for further Shareholder approval (and from within which general share authority the proposed new incentive arrangements will be implemented).

Brief explanatory notes for each of the Resolutions are set out in the notice of EGM that has been sent to Shareholders."

I will change that 7 billion to 10 billion as the BOD want shareholders to vote so they can issue upto this number.
Current holders will therefore be diluted further, wake up people

So will be approximately 7 billion shares, then a consolidation to 700 million and rinse and repeat.
Amazing

Splattered
Are your friends giving you a hard time yet or are they staying the course like most??

It's always tomorrow. 12 months I have been here and apart dilution nothing really changed SP wise. Put these in the bottom draw and I will concentrate on real non AIM stocks.
Good luck as we need it.

I believe they have been scrambling all day to get this RNS out to repair the damage that the earlier RNS did.
Impressive finish.

Getting hammered today and because of the "subject to funding" line in the RNS. Now 12% down and who knows where by 4.30pm