Cloudified Share Discussion Threads

[oggyrocks] 06/1/2016 14:40

I also prefer that CHL has paid their lawyers costs. This has given them a better representation and pleased that they have changed to their present lawyers.

I'm not a big fan on pay if you win as per OXS. The lawyers in OXS will still get paid even though the lost as they will get most of the £12m that OXS will receive.

[oggyrocks] 06/1/2016 14:33

Could be an exciting month. Bring it on .....

[debbiegee] 06/1/2016 14:31

And with Roi saying they hoped it would be all over by January [so they thought result may be known by then] and DQ saying it could ALL be finished by June 2016.
I would certainly be in the camp of Q1 for forgery case result.

[oggyrocks] 06/1/2016 14:30

And another 25K buy at 14:29 on the bid - pushed price back up again.

[bones30] 06/1/2016 14:25

I reckon it was a buy. My theory is some thought that they'd be raising money, because of the presentation in London. Then Christmas so most away from desk and now pretty clear they aren't so back up this goes.

[debbiegee] 06/1/2016 14:25

Is listed now earlier at 13.11 in the trades and was clearly a buy along with the 25k at the same time which was listed as a sell as the price jumped.

[oggyrocks] 06/1/2016 14:15

was that 50k a buy or sell ? it was delayed so missed it.

[andy] 06/1/2016 11:16

RNS out.

If the directors and secretary are taking shares in lieu of cash remuneration, are they selling some to pay their monthly bills, or are they wealthy enough that they can work indefinitely for scrip?

If the letter, then people are reading too much into this, IMO.

---

Churchill Mining plc (AIM: CHL), ("Churchill" or the "Company") announces that it has today issued a total of 510,963 new Ordinary Shares to Directors and the Company Secretary at a deemed issue price of 28.66 pence per share in lieu of cash fees payable for the 2015 calendar year ("Remuneration Shares").

Directors' fees have been paid by the issue of ordinary shares of 1p each in the Company with no option to receive payment in cash since 1 April 2012. The change to the Directors' terms of engagement was one of a number of measures agreed to by the Directors and subsequently enacted by the Company at the time to preserve its cash reserves. In the current and future years, it is the intention that remuneration shares will be issued twice yearly i.e. in July in respect of the six months to 30 June and in January in respect of the six months to 31 December, in each case at a price calculated on the monthly volume weighted average mid-market price of the Company's Ordinary Shares for the relevant period. This arrangement will remain in place unless notified otherwise.

[andy] 06/1/2016 11:14

karateboy,

I would say neither case is that transparent, there always seems to be something like a black swan event that nobody anticipated that throws everything out of sync.

People believe CHL are going to take the ROI for $3.3 billion, well I for one don't believe it.

If CHL's case is watertight, they won't be negotiating with the ROI either, why would they if they know they are going to win much more by staying with the court action?

Expect the unexpected, always, with AIM companies.

[tburns] 06/1/2016 11:06

And shares at a price 25% above current share price as well

[baxter99] 06/1/2016 10:59

I have always thought it significant that the Directors have taken shares instead of cash

[carlo sartori] 06/1/2016 10:58

It is "comforting" to see our Directors are happy to forfeit their fees in lieu of shares........would they be happy to do so if they weren't confident of success?

Also our Board have 33.7m shares between them (at £1 per share, for example) that is £33.9m between the 6! They are certainly VERY WELL incentivised to ensure Chl wins their case!

Onwards and upwards for 2016.

GLA

Carlo

[pembury] 06/1/2016 10:54

hopefully this is good timing on their part!

[tburns] 06/1/2016 10:48

RNS - bt of an uplift on current share price so seem confident!

Churchill Mining plc (AIM: CHL), ("Churchill" or the "Company") announces that it has today issued a total of 510,963 new Ordinary Shares to Directors and the Company Secretary at a deemed issue price of 28.66 pence per share in lieu of cash fees payable for the 2015 calendar year ("Remuneration Shares").

[cool hand kev] 06/1/2016 10:42

And looking to go higher. Buyers in for a 2016 outcome?

[tburns] 06/1/2016 10:35

Looking +ve today

[bones30] 06/1/2016 10:03

Good move oggy. I'm playing with US stocks more these days.

[tburns] 06/1/2016 09:56

Agreed Oggy. Someone just paid full offer almost for just 1000 so looks like another tick up due

[oggyrocks] 06/1/2016 09:50

Just saw that go through - good work.

Think a few people are still a bit wary after OXS. Luckily kept out of that one. (have had my fair share of donkeys)

Plans for 2016 is to stop punting on AIM. Will keep hold of CHL, and have about 45,000 shs, but no other AIM shares for me. Fingers crossed this one pays off.

[tburns] 06/1/2016 09:45

Just managed to snag myself 20k shares at just under the offer, great opportunity here

[trjones2] 06/1/2016 09:38

30 million ish market cap,on a arb play,someones got some faith in us

[debbiegee] 06/1/2016 09:36

fOLK BACK AT THEIR DESKS AFTER BREAK.
I expect us to be in uptrend untill results but mabe not in a straight line .

[trjones2] 06/1/2016 09:34

looking perky this morning.volume starting to pick up,somethings happening

[oggyrocks] 06/1/2016 09:34

Sudden burst of volume since my last post at 9:14.

Results must be due out soon and will be £4 in a weeks time (only joking - this is CHL)