Galahad Gold Share Discussion Threads

[nickcduk] 26/8/2008 21:49

Tiltonboy,

Thanks for the response. Do you have a copy of the circular by any chance? Could do with chasing up the liquidators to get an update on the state of play.

Fingers crossed we won't have to wait 3 years!

[tiltonboy] 26/8/2008 13:21

nick,

I'm also hoping for 2.85p, and unless the liquidator finds something, I think that is what we will get. I can't see any reason why the 0.48p (interest) can't be paid out straight away, but the balance will probably be March 2009. It may be that they plan to pay it all in one go.

I'm waiting for a second payout from Provalis which is imminent, and have been waiting three years for the second payout from ELIZ!!!!!

tiltonboy

[nickcduk] 26/8/2008 12:37

Just trying to catch up on how much and when we might see some more cash. Tried to access the website to have a look at the EGM circular but note that they haven't paid to retain their domain name. Lets hope its not because they have run out of cash!.

Any ideas as to what the final payout will be? I have pencilled in 2.37p + 0.48p for a total of 2.85p. Is that what everyone else has pencilled in?

Regarding when we might see the balance. I have been in similar situations before when the second payment comes around a year after the initial payout. What makes GLA a bit more confusing is that they have been ready to pay out since November of last year. They delayed the initial payment because of tax issues. Is it better to use a year after payment, i.e. April 2009 or Nov 2008 as a realistic date for further funds to be released.

[skyship] 09/8/2008 15:54

Personally I am quite happy to have a small tranche out of harm's way where I can't be tempted to make yet another loss!!

[rapinvest] 09/8/2008 15:20

Why do you say that? Has there been an up-date re final distribution? We need to ensure that someone isn't sitting on our money and getting a return on it!

[tiltonboy] 09/8/2008 00:23

fuiseog,

It is most likely that there will be no further payment until next year.

Patience is called for.

tiltonboy

[fuiseog] 08/8/2008 18:23

Is anybody in the way of news about the winding up and likely final payment dates to shareholders? It feels unsatisfactory that we have had no news since February, unless some has been sent and it has not got through to me as a nominee holder.

[sharpshare] 17/4/2008 13:41

Any ideas on size of payout?
2.7p+ is hoped for.

[badtime] 15/4/2008 19:14

c post 3270 for part answr......for rest scroll back and read multiple posts..cos i cba lol

[traderabc] 11/4/2008 19:48

I got a payout today. Am I to understand there will be some more money to come?
Is the share cert (a new one few months ago) of no use now?

[tiltonboy] 11/4/2008 16:19

SKYSHIP,

I'm toying with buying JDTZ. Didn't think I would ever buy Z's again.

tiltonboy

[skyship] 11/4/2008 16:11

True - but at least where it is I can't make any mistakes with it!!

[tiltonboy] 11/4/2008 15:52

Option C money arrived this morning. Just need a quick positive result on the balance!!!!!

[brad44] 28/3/2008 22:48

got mine a couple of days ago, bottop, if you back track on this thread there are some informative posts on payout and timescales.

[bottop00] 28/3/2008 22:34

Can anyone tell me how much is the payout per share, as I have not followed
the announcements, and when the payout is expected.

[cameo4] 26/3/2008 18:08

mine arrived today in my tdwaterhouse account

[skyship] 25/3/2008 16:41

Likewise - arrived in Selftrade this afternoon.

[tiltonboy] 25/3/2008 09:23

Money in this morning.

[skyship] 24/3/2008 14:19

Sorry, NO - but should be soon now; though I'm glad I took "B" for my personal non-SIPP stock as otherwise I might have reinvested at higher levels!!

[renew] 19/3/2008 11:21

Anyone know when they are paying the second share option payment?

[badtime] 20/2/2008 18:40

Got mine yesterday on tdw...well most...they seem to hav mucked up my option a..now having to haggle for the rest of my dosh

[skyship] 20/2/2008 11:22

Cash arrived on Sippdeal a/c today - already topped up my holding in MERE for the 8.44% yield & ZERO STAMP DUTY.

[tiltonboy] 19/2/2008 09:47

Held for some time, and bought more yesterday.

[badtime] 19/2/2008 09:39

Did u take a few ovg yurself?

[tiltonboy] 19/2/2008 08:23

Not certain that many people will read this thread now, and should probably post it on the JDT thread, but given that GLA had a stake in International Moly, I will mention it here as well.

OVG are worth a close look. They already have a world class Silver find, but yesterday announced that they now have a potentially world class Molybdenum find.

The shares have done very little on the news, and look significantly undervalued...imho...

As always DYOR.

tiltonboy