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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Platinum Min | LSE:PMCI | London | Ordinary Share | GB00B06T2F98 | ORD 0.045P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 17.11 | - | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
06/6/2006 12:45 | The count, hope you don't mind if I ask some questions. Was any mention given about the following passage from the circular? "SHOULD ALL OF RESOLUTIONS 1, 2 AND 3 BE PASSED AT THE EGM, CONSIDERATION WILL NEED TO BE GIVEN BY THE COMPANY AND ITS ADVISERS AS TO THE COMPANY'S ONGOING APPROPRIATENESS TO REMAIN A COMPANY WITH ITS SECURITIES ADMITTED TO TRADING ON AIM." All three were passed so I'm guessing the topic of losing the nomad and a potential delisting must have come up. Apart from Newberry and crew did you get any indication from other (large) holders, if present, of how they voted and how they view the board changes? If they are making arrangement for analysts like you say, then at least their indication is to remain a listed company rather than try and take it private or accept the delisting - did you get that impression? What exactly did Newberry pinpoint as the failings? Much of the delays and general agro seems to be as a direct result of his agitator style behaviour, or so the management say. And finally, as a person, what did you make of Newberry, saint or sinner? No position, but have been loosely following story. | lordcoco | |
02/6/2006 14:29 | yeah but is that a good thing | money4me | |
02/6/2006 14:26 | hopefully WH Ireland wont need to do anything and the new guys will actually start working together to try and get the metal out of the ground - there has been a cloud over PMCI ever since Newbery was kicked out, he had control over too many shares to just leave quietly and seems he has finally got his way | roodboy | |
02/6/2006 12:22 | What will happen now? What can WH Ireland do? | samuelhogg | |
02/6/2006 10:44 | And there we have it. Now let's see what WH Ireland does. DJ Platinum Mining Corp Result of EGM RNS Number:9692D Platinum Mining Corp of India PLC 02 June 2006 Platinum Mining Corporation of India plc Result of Extraordinary General Meeting Directorate Changes 2 June 2006 Platinum Mining Corporation of India plc (the "Company") announces the results of the resolutions of the Extraordinary General Meeting of the Company held today. Ordinary Resolutions 1, 2, and 3 were all passed. Dr. Robert Weinberg and Mr. Patrick Gorman were removed as Directors of the Company. Mr Tandon was appointed as a Director of the Company. Ordinary Resolution 4 was not passed. Enquiries to: Malcolm Groat, Director Platinum Mining Corporation of India plc Telephone: 01202 606010 Simon Rothschild Bankside Consultants Telephone: 020 7367 8871 Philip Haydn-Slater W H Ireland Telephone: 020 7220 1666 This information is provided by RNS The company news service from the London Stock Exchange END | caiman27 | |
02/6/2006 07:22 | Just to make things even less clear, this came out yesterday. Platinum Mining Corporation of India plc ("the Company") Extraordinary General Meeting Further Notification 1 June 2006 Background As was announced on 20 April 2006, the directors of the Company (together the "Board") received a notice from Dr Steven Newbery, a shareholder and former director of the Company, requiring them to convene an extraordinary general meeting of the Company to consider and vote upon Resolutions 1, 2 and 3 as set out below ("EGM"). The EGM will be held on 2 June 2006 at 10.00 a.m. at the Institute of Directors, 116 Pall Mall, London SW1Y 5ED. On 8 May 2006, the Company sent a circular to shareholders which included a notice of the EGM and recommendations of the Board in relation to the following Resolutions (the "Circular"): 1 that Robert Weinberg be removed as a director of the Company; 2 that Vijay Tandon be appointed as a director of the Company; 3 that Patrick Gorman be removed as a director of the Company; and 4 that the Board be granted authority to allot up to GBP26,345 of ordinary shares pursuant to section 80 of the Companies Act 1985. In the Circular, the Board recommended unanimously (with Dr Robert Weinberg and Mr Patrick Gorman abstaining with regard to Resolutions 1 and 3 respectively) that shareholders of the Company vote against Resolutions 1, 2 and 3 (as proposed by Dr. Newbery) and vote for Resolution 4. Changes to the voting intentions and recommendations of the executive directors Since the publication of the Circular, Mr Malcolm Groat and Mr Umesh Sahdev, both of whom are executive directors of the Company, have met with Mr Vijay Tandon. Following this meeting, Messrs Groat and Sahdev have indicated to the Board that they now intend to vote in favour of Resolution 2 above and that they recommend other shareholders to do the same in respect of this Resolution. In addition, Mr Sahdev has now indicated that he will vote for Resolutions 1 and 3 above and that he recommends other shareholders to do the same in respect of these Resolutions. Neither Dr Robert Weinberg, acting chairman and non-executive director of the Company, nor Mr Patrick Gorman, acting chief executive and non-executive director, have had an opportunity to meet Mr Tandon. Accordingly the voting intentions and recommendations of Dr Weinberg and Mr Gorman in respect of Resolution 2 above remain as stated in the Circular. All other voting intentions and recommendations of the Board remain as stated in the Circular. This notification should be read in conjunction with the Circular. If you are in any doubt as to the action you should take, you are recommended to seek your own personal financial advice from your stockbroker, solicitor, accountant or independent financial adviser authorised pursuant to the Financial Services and Markets Act 2000. | caiman27 | |
01/6/2006 12:49 | Coco the clown would do a better job of running this company. All current directors should resign and the funds should appoint their own directors to try and get some value back into the comapny. | superdonkey | |
25/5/2006 20:50 | Winnit2 Thanks for link. | trop | |
25/5/2006 08:26 | Intersting article on Minesite today regarding the upcoming EGM.... | winnit2 | |
22/5/2006 17:19 | Aquarius Plat catching it today B | biswell | |
22/5/2006 10:09 | Has anyone been contacted by Cornhill about giving them your vote for the EGM that is on June 2nd? | samuelhogg | |
12/5/2006 16:54 | BOOM - exploding upwards | money4me | |
11/5/2006 20:33 | answer, total shambles. | trop | |
11/5/2006 20:29 | what can you say ? | trop | |
10/5/2006 13:41 | >mark Obviously the answer to your 571 is a resounding NO... I wait for 12p...or was it 6p? Such a long time ago.. | madasafish | |
09/5/2006 17:40 | I might go and dig some up myself | money4me | |
09/5/2006 11:50 | vote res 4 not 1 2 3 ? | mujahid2 | |
30/4/2006 22:44 | How's about starting with - Do what you say you're going to do, fulfil all of your promises, don't break any Stock Mkt rules and regulations and stop wasting everyone's time here? And, oh yes, please: START DRILLING NOW!!! Can you manage this difficult task? | markusantonius |
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