Angus & Ross Share Discussion Threads

[moreforus] 24/8/2009 11:40

need to go over to new thread....and epic angm

[lol short killer] 24/8/2009 11:39

I can sell AGU at 3.05p in IWEB. But there is no any transcation today. What's matter? lol

[moreforus] 23/8/2009 18:39

well done wow...is it tomorrow?

[wow400] 23/8/2009 18:28

A new BB when Angel Mining goes live :

[yorgi] 23/8/2009 13:37

There is little point in looking back in what might have been, as you say Ifc4ever we are where we are.

I do think communication is important and believe a well designed website which is kept up to date with all that is going on helps install confidence in existing shareholders and will give all the information that any prospective investors require. If it attracts investors as opposed to loosing them can only help the share price which is obvoiusly better if shares have to be issued to raise cash.....although that is the last thing we want now. However if the share price was a lot higher then maybe a different matter.

If all goes to plan with N. then we in a much better position for the start on Black Angel. Who knows where the price of gold might rise to in the next six to nine months ! I think we can be pretty confident that zinc and lead will rise further

Are you going to start a new BB with the new name Ifc4ever ?

[lfc4ever] 23/8/2009 11:27

i would prefer it if they focussed less on communication and more on raising money at a reasonable rate and mining the stuff in the ground!

with hindsight, might have been better if instead of getting into hock to cyrus they had raised a bit more cash for another season exploration at BAM, then looked to sell the asset to one of the big boys.

but, we are where we are, and if they can deliver gold and zinc production within 24 months then things should look pretty good indeed.

[smelleroo] 22/8/2009 09:53

the offtake agreement is with mri - marc rich international. he knows a thing or two about commodities!

thanks uncle john

smell

[uncle john] 21/8/2009 18:45

hiijinx

Sorry, the in-mine stuff was all about gold at N. no discussion about methodology BAM.
Give em time, Ask that one at AGM
This is the kind of stages I mean when I say there will be news flow to keep everyone interested.
Off Out now for rest of today.
cheers J

[hard work] 21/8/2009 18:44

I think they were planning to use the cable car for phase one, but this limits it to 170k tonnes of ore pa if I recall correctly

[hiijinx] 21/8/2009 18:33

thanks for the details uncle john. did they mention how they plan to get the zinc out of the mine ? i would have thought the cable car would just be for people and equipment and that they might need some sort of conveyor system for the zinc but i guess it may depend on the in-mine concentrator.

[chesil356] 21/8/2009 15:48

level2 3 v 3

[jonnyfro] 21/8/2009 15:30

Angus & Ross Directorate Change





TIDMAGU

RNS Number : 8427X
Angus & Ross PLC
21 August 2009

?
Angus & Ross plc


(the "Company")


Board appointments


Following the approval of certain resolutions at today's general meeting the
Company can announce the appointments of Frank Chapman as Non-executive Chairman
and Daniel Bordessa as Non-executive Director to the board of directors of the
Company, effective immediately.


Francis (Frank) David Sherston Chapman, aged 59. Frank is currently chief
executive officer of London Capital Group plc, the AIM-quoted trading services
company, having joined the board of that company in October 2003 and was
appointed managing director in May 2004. He has over 30 years' experience in the
London derivative and FX markets, having previously been a director or managing
director of a number of companies including London Investment Trust, Baring
Securities, Deutsche Morgan Grenfell and Amerex Petroleum.


Frank is currently a director of the following companies:


Capital Enquiries Ltd
Capital Forex Ltd
Capital Global Derivatives Ltd
Capital Investment Management Ltd
Capital Spreads Limited
London Capital Group Holdings plc
London Capital Group Limited
Tradex Enterprises Limited


He was previously a non-executive director of the Company having stepped down on
4 June, 2008.


Frank currently holds 1,000,000 ordinary shares of 1 penny each in the Company,
representing 0.40 per cent. of the current issued ordinary share capital of the
Company and 0.12 per cent. of the enlarged voting rights of the Company
following the issue of the B Share to FBC Holdings S.à.r.l., details of which
are set out in the circular to shareholders dated 5 August, 2009.


Once the Nalunaq Gold Mine project is generating cash for the Company, Frank
will be entitled to a fee of GBP1,000 per month.


Daniel John Bordessa BCom, MBA, aged 36.Daniel is a Managing Director at Cyrus
Capital Partners Europe LLP ("CCPE") where he is responsible for identifying and
managing European and North American investments. Prior to joining CCPE, he was
an Executive Director at the international investment bank Lazard where he was
responsible for advising companies in relation to financial restructurings and
mergers & acquisitions. In addition, Daniel has experience in Canada in
investment banking and advisory services.


Daniel is currently a director or partner of the following companies:


Cyrus Capital Partners Limited
Ingenious Film Partners LLP
Ingenious Film Partners 2 LLP
Melford International Terminals, Inc.
TAD Holdings AS


Cyrus Capital Partners, LP is considered a related party pursuant to the AIM
Rules for Companies. In accordance with Schedule Four, the Company can announce
that Daniel has been appointed as a non-executive Director pursuant to the terms
of a letter of appointment dated 5 August 2009. His appointment with the Company
follows the general meeting held earlier today and will be terminable by Daniel
giving notice in writing with immediate effect and by the Company on three
months' written notice. Once the Nalunaq Gold Mine project is generating cash
for the Company, Daniel will be entitled to a fee of GBP1,000 per month.


There is no further information required to be disclosed pursuant to the AIM
Rules for Companies.


Chief Executive Officer, Nicholas Hall, comments: "I am delighted that we are
able to announce the appointment of both Frank and Dan as I know that they will
make a significant contribution to the future development of the Company. Thanks
to this step forward we now have the elements of a highly professional and well
balanced board that will guide and direct the executive management and
strengthen the Company's levels of corporate governance."




For further information please contact:

[crystalblue] 21/8/2009 14:59

Nice time to top up, last chance below 3 I'm sure.....I have.

[uncle john] 21/8/2009 14:56

Website & Communication
There was a chap there who is working on web, and Nick said that it will be kept up to date. Communication will be a priority.
J

[cinoib] 21/8/2009 14:54

looking better now after the meet expect a slight improvement before close.

[yorgi] 21/8/2009 14:51

Yep just read it Moreforus......good to see things moving promptly

[yorgi] 21/8/2009 14:49

Yes that makes sense John.

I hope they get on and with the new website which is good to keep shareholders up to date and will also bring in new PI's in my opinion. CEY added some very interesting photographs of the development of their Sukari site which was reassuring to shareholders.

Many Thanks John

David

[moreforus] 21/8/2009 14:46

looks like rns just hit the wire...

[uncle john] 21/8/2009 14:40

yorgi

Interested if you are able to elaborate more on:-
"There is good news to come at the different stages. So we and the wider market will have continued interesting updates."
------------------------------------------------------------------
I was thinking of things like confirmation of permitting, installing equipment, completing the terminals for the blondin, and cable stringing. Now that it is moving and doing, the company has things to tell us, it keeps the peeps happy and brings in new buyers.
AGM will be important because we will be measuring achievement against these intentions.

Cheers
John

[nabcom] 21/8/2009 14:28

Cheers Uncle John, sounds promising

[moreforus] 21/8/2009 14:27

thx uncle john from holiday...

[yorgi] 21/8/2009 14:26

Uncle John

Interested if you are able to elaborate more on:-

"There is good news to come at the different stages. So we and the wider market will have continued interesting updates."

[yorgi] 21/8/2009 14:24

Thanks for that Uncle John