Pathfinder Minerals Share Discussion Threads

[tyrano1] 24/2/2017 16:08

Happydays, welcome m8. I got in at about 0.7p. It's a punt for sure but with UK judgement in their favour I would expect that Moz courts will back up that judgement. Would send a very bad sign to investors in the country if they decided differently to the UK. So it's one of those punts stacked a bit more in our favour than normal. If/when the ruling I expect comes it will get very interesting. And I think action last few days suggests lots of others taking a punt as well as we approach the courts opening. Timing? Could be next week but anytime in March would be good. We'll see.

[falia] 24/2/2017 15:30

3 more days to go

[1happydays] 22/2/2017 21:34

well I thought I'd join you here, put a smallish punt in this afternoon :)

[falia] 22/2/2017 16:09

1 WEEK TO GO, GET IN

[marbles1234] 22/2/2017 16:06

if the company gets the correct ruling once the courts reopen on 1st Match they wont need any extra cash, they will be sitting on an asset with potential value of £80m. It will be sold imo

[apfindley] 22/2/2017 15:55

This company will need a lot more cash yet, and the dilutions keep coming.... Expect one soon. Issues of equity....07 sept 2015 - Capital reorganisation..Resulted in 103 mill shares in issue17 Mar 2016 - issue of equity£200k raised at 0.8325p (24mill shares issued)Total shares 127.7million31 Mar 2016 - issue of equity£100k raised at 1.1p (9mill shares issued)Total shares 136.8million10 aug 2016 - issue of equity£25k raised at 0.8325p (3mill shares issued)Total shares 139.8million26 Aug 2016 - issue of equity£20k raised at 0.8325p (2.4mill Shares issued)Total shares 142.2million01 Dec 2016 - issue of equity£150k raised at 0.8325p (18mill shares issued)Total shares 160.2million

[apfindley] 22/2/2017 15:41

Looking dire here.They will need to issue endless shares to continue.READ THE RNS'S It shows cash is needed and they WILL need it to continue their claims, and that's even before it gets to arbitration.LOOKING AN EXPENSIVE ROUTE HERE FOR PATHFINDER.01 December"Pathfinder announces that it has raised gross proceeds of GBP150,000 via a placing of 18,018,018 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of 0.8325p per share (the "Placing"). The proceeds will further aid Pathfinder in pursuing the recovery of its mining licences with the ultimate objective of resuming the development of the Moebase and Naburi mineral sand deposits in Mozambique."Then on 12 December they issued shares to raise a further 91k.

[falia] 22/2/2017 15:22

50P COMING THEN MARBLES

[marbles1234] 22/2/2017 15:20

1p is small fry, pre loss of licence this has a market cap of £80m, that's 50p in today's money.

[falia] 22/2/2017 14:52

1P ABOUT TO BE BROKEN

[falia] 22/2/2017 14:14

UP UP WE GO

[falia] 22/2/2017 14:08

BOOM BOOM TIME

[falia] 22/2/2017 10:30

looks like we have news around the corner

[fillipe] 22/2/2017 10:01

Ring...ring, your wake-up call at PFP today!

f

[marbles1234] 07/2/2017 07:43

Rumour General is terminally ill

[lady_g] 06/2/2017 09:16

The giant is starting to wake up - news out there? A leak? Always worth picking up a few in case as this will be AIM's largest one-day mover in history should the right news break. GLA

[wild billy boy] 02/2/2017 12:46

wakey waker

[keya5000] 20/1/2017 20:08

I think the recent two more higher profile AIM 'legal challenge' situations may be making potential punters here much more wary.

However it is plain to see with the mcap no anticipation of victory is priced in here.

Contra to the above perception that may make this a case for a small punt?

[fillipe] 20/1/2017 20:02

Buy now in readiness for the end of the court recess....no point in trying to buy low once any good news is already out and in the public domain.

f

[beautybelle] 16/1/2017 14:29

We require some action here.

[lady_g] 13/12/2016 10:07

So there we are, proven. Veloso is now nowhere near the picture. His name was removed as owner of the licences at the Mozambique mining ministry and now all his shares in PFP have gone to settle a small part of the court award against him. Do we next hear his house and business assets have been removed and sold? I wonder. Anyway, looks like the local man PFP partnered with has started to reap benefits. So the licence return now please. Looking rather good for PFP and the huge cash war chest they have built this year will bode well also. GLA

[colin12345678] 13/12/2016 09:39

are you sure about that read the RNS from last night after hours

Further re. enforcement of English costs orders

Pursuant to orders by the English High Court on 23 August 2016 for the sale of a total of 19,824,000 shares in the Company held by JV Consultores Internacionais Limitada (a company controlled by Jacinto Veloso) and Diogo Cavaco (together the "Defendants") (the "Orders for Sale"), Pathfinder announces that it has sold all of the 11,012,000 shares formerly held by JV Consultores Internacionais Limitada for a consideration of 0.8325 pence per share, generating gross proceeds of GBP91,675 for the Company. The proceeds will further aid Pathfinder in pursuing the recovery of its mining licences.

The Orders for Sale were granted as a result of the Defendants' failure to comply with any of the orders for costs awarded against them in respect of the English High Court proceedings brought by Pathfinder in 2012.

As a result of the sale, the Defendants no longer hold any shares in the Company. The sale of these existing shares does not dilute the Company's issued share capital.

[tivoliworldgaming] 13/12/2016 09:29

This will end the same way as Oxus and Churchill did.

[melodrama] 28/11/2016 12:59

Thanks Lady_g. Great news if indeed the case. He does not appear to be there in the search function, very interesting!