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CDN Caledon Res.

111.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Caledon Res. LSE:CDN London Ordinary Share GB00B1GJZT14 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 111.25 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Caledon Resources Share Discussion Threads

Showing 54601 to 54621 of 54875 messages
Chat Pages: 2195  2194  2193  2192  2191  2190  2189  2188  2187  2186  2185  2184  Older
DateSubjectAuthorDiscuss
28/2/2011
12:15
I think the chinese are looking at their streets at the moment noise is that they are closing the internet and other connections today.
whyme
28/2/2011
12:10
They better get their act together very quickly.
spights
28/2/2011
12:09
We are now open for business for a counter bid:o)
spights
28/2/2011
11:45
Cheyne Capital Management adding another half million long today won't harm the cause, just wish the Chinese could be a little "shorter" in the legnth taken to complete their buisness transactions! ;-)
dr knowledge
28/2/2011
09:19
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spights
28/2/2011
08:00
Not suprised by the delay, probably haven't greased enough Chinese regulatory authorities palms todate ;0)
ps0u3165
28/2/2011
07:59
Hi Basil:o)
spights
28/2/2011
07:59
hey ho spightsy
basil of omaha
28/2/2011
07:11
Offer Update
Share this article
TIDMCDN

RNS Number : 9320B

Caledon Resources PLC

27 February 2011

28 February 2011

Caledon Resources plc

("Caledon" or the "Company")

(AIM:CDN, ASX:CCD)

Offer Update

On 8 November 2010 the directors of Bidco, GRAM and Caledon announced that agreement in principle had been reached with GRAM on the terms of a Possible Acquisition of Caledon by Bidco, a wholly owned indirect subsidiary of GRAM. On 27 January 2011 the parties announced that they had agreed a renewal of the Non-Solicitation Agreement to 28 February 2011.

When the Non-Solicitation Agreement was renewed, GRAM expected to receive the necessary Chinese regulatory approvals by 28 February. Although GRAM has made good progress on the approval process, it has not yet received the necessary approvals, and does not expect to receive these by 28 February 2011. Mr Li Jinming, Chairman of GRAM said:

"GRAM has been working very hard with the Chinese regulatory authorities during February and is confident the approval process is in its final stages."

General

All defined terms in this announcement shall have the same meaning as those contained in Caledon's announcement of 8 November 2010 falling under Rule 2.4 of the City Code.

spights
28/2/2011
06:27
1.560 AUD = 0.984340 GBP
Good Morning all.No news yet.
It looks as if RNS will come out at 7am.
--------------------------------------------------------------------------------

spights
26/2/2011
12:25
I am hoping it is for all of us holding onto our hats!

But as per extracts from RNS on here earlier this wk, we have a continuum from "unlikely...to expecting". If investors take the view that it's D-day and there is further (perhaps 'legitimate') delay then we could be in for a bumpy ride here and POL.

Everything's crossed!

thais
26/2/2011
12:11
Monday D day.There have been no leaks.I am expecting the deal to be confirmed.
spights
25/2/2011
08:14
Yep - according to my screens no trades anywhere. :-(
dr knowledge
25/2/2011
08:12
Trouble at the mill, LSE.
ps0u3165
25/2/2011
06:55
1.610 AUD = 1.00950 GBP
Good Morning all
--------------------------------------------------------------------------------

spights
24/2/2011
20:57
I am back...Come on CDN .....News expected by Monday...
spights
24/2/2011
17:57
Superb example today of just how MM's can influence (not manipulate) an share price Plenty of stop losses will be within a very narrow range here bearing in mind the uncertainity of the deal, trigger a few (especially downwards - these will be especialy tight) and you have what we saw today, selling & downwards pressure throughout the morning session followed by buying afternoon with the "normal" range only being established after 3pm. ;-)
dr knowledge
24/2/2011
14:07
Hi martylangan



I think we have more recent guidance than 31/12. 27/1 RNS included:

"GRAM remains committed to working with Caledon to complete the possible acquisition of Caledon at the original Rule 2.4 Announcement price of GBP1.12 per share and is expecting to receive the necessary regulatory approvals by 28 February 2011".

rastapastamasta
24/2/2011
11:45
Marty/thais,
agreed, note that the loans due to POLO were repaid in shares if I'm not mistaken in the share palcing following the announcement you refer to! I guess it is to do with the overall market weakness as a results of middle east crisis & today its quite a retrace, 4p down! I suppose there was never a definte statement that it would be completed by 28th Feb, but that it was unlikely to be before!...
GLA!.

afrim
24/2/2011
11:11
Marty - you had me checking back to the RNS ON 31 DEC, which states:

...the Chinese approval process taking longer than originally foreseen.

As a result of this delay it is UNLIKELY that the Possible Acquisition will be completed prior to 28 February 2011 which is the maturity date for repayment of the GBP15.4m and A$4m loans due to Polo Resources Limited. GRAM is committed to completing the acquisition. GRAM has advised Caledon that it is seeking funding solutions to help Caledon meet its requirements.

thais
24/2/2011
08:42
1.610 AUD = 0.9987 GBP
afrim
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