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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Draganfly | DRG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.265 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.265 | 0.265 |
| Top Posts |
|---|
Posted at 11/6/2020 14:02 by jimbob17 Many Thanks Clocktower !A rather shambolic ending to a sad tale. I still have my shares in Atlantic Healthcare from when they were demerged from DRG but that is a rather slow burner too ! Cheers |
Posted at 21/3/2019 09:24 by x1000 Is drg dead ? |
Posted at 11/12/2017 20:44 by alexios1201 #DRG169M shares in issueMajor shareholders 112M(disclosed)AIM listed shellPotential for massive upside is here for all and everyone£500k raised in May at 0.5pCurrent share price is 0.5-0.54pWholesale share price on offer nowCan't go wrong with £890k Mcap and £500k Cash https://t.co/NMZfJHH |
Posted at 11/12/2017 20:34 by alexios1201 https://twitter.com/ |
Posted at 02/12/2017 20:37 by alexios1201 #DRGAIM listed shell in the hands of Steinepreis brothers(same investors who landed Lithium asset into #KOD, share price delivered near 2000% return in under 12months)110m+ shares held by majors169m shares in issueMcap under £1m https://t.co/3p30ybP |
Posted at 19/11/2017 18:41 by alexios1201 #DRGAIM listed shell in the hands of Steinepreis brothers(same investors who landed Lithium asset into #KOD, share price delivered near 2000% return in under 12months)110m+ shares held by majors169m shares in issueMcap under £1mAGM 24Nov to issue 50.8m shares to someone |
Posted at 17/11/2017 12:58 by alexios1201 #DRG£900k Mcap £300k cashMajor shareholders 110mTotal shares in issue 169mPrinting all time lowsSteinepreis brothers at 0.5p with 29% stake#KOD2Waiting for the actionBuy when it's quiet and has the potential for multiple returns, not when it's up already https://t.co/lbu7yMO |
Posted at 18/7/2017 13:19 by uinsionn1 DRG – DRAGANFLY INVESTMENTS WHAT WE KNOW AND WHAT LINKS WE HAVE – links with KOD could suggest Kalahari resources which would mean gold or another lithium/cooper or cobalt asset which could be linked to Botswana metals. Gold north river resources which Luke was a director of.• CLEAN SHELL – 169m shares in issue, free float very low, base made at .80 and above. no debt, CLN's are any other baggage, there's very little potential bad news for downside here. It's a shell after all. • 110K IN THE BANK PRE PLACING, PLACING 500K = £610K • RUNNING COST 115K PER YEAR (VERY LOW) • LUKE BRYAN AND DENNIS EDMONDS NOT TAKING SALARY NOW OPTIONS GIVEN INSTEAD of director fees owed to Dennis • DENNIS CONFIRMED TO ME HE WAS HAPPY TO WAIVE SALARY FOR OPTIONS DENNIS NO. -07796338372 • Now 4 MMs 2 joining in the last few weeks they must be expecting something to drive liquidity here. • Dennis Vernon Edmonds (Finance Director) Dennis practiced as a corporate solicitor in the Republic of South Africa and in England and has extensive experience of corporate acquisitions and restructurings. He was later employed at board level in the investment banking and venture capital industries. His experience includes structuring deals and running companies. In April 2004 he became CEO of Setstone Plc, an AIM listed company which was completing a reverse takeover of a gold mining company in the Kyrgyz Republic. He resigned from this post once the documentation was prepared for submission to the Takeover Panel. Dennis will assume the responsibilities of finance director. • Luke Bryan (Executive Chairman) Luke is a mining engineer with over 25 years of international experience. Most recently he was chief executive officer, now technical director, of Kodal Minerals an AIM quoted mineral exploration company and prior to that he worked both as a public company director and as an independent consultant. Luke has worked throughout Africa, Australia, the Former Soviet Union and Europe. He holds degrees in Mining Engineering and Economics from Auckland University. • I WOULD IMAGINE Edward Bayman will be stepping down as they take control of the board here, he has already moved down for Luke to take the chairman roll here. • Edward Bayman, Chairman of Draganfly, commented: “We are pleased to welcome Luke to the Board as a number of the opportunities we are considering are in the resource sector and Luke's background will be invaluable in assisting the Board to evaluate these." • Luke Bryan setting up Kalahari Metals on May 3 2017 renamed from Botswana metals. REGISTRATION DETAILS • DRG fundraising 8 May 2017 • Luke Bryan coming on to BOD on 30 May 2017 (KOD LINK) • Pelamis taking 29.4% of the shares in the company (KOD LINK), then Luke joined the board after they had taken this holding as we know Luke has previous history with this guys and also has an asset with them. • Other director of Kalahari is Adam Wooldridge, Director at Xpotential Geoscientific Consulting – Adam Wooldridge related to Robert Wooldridge (KOD LINK) • Kalahari metals has been registered at share price Angels address – Robert Woolridge offices (KOD link) • Shareholders of Kalahari Metals include Brett Van Coller, Managing Director at Remote Exploration Services, and Peter HOllick Technical Director of remote Exploration Services • Adams company - and projects they have worked on. • Brett van coller and peter Hollicks company • BCL Limited • Botswana Metals Limited (BML) are both on their client list hence a link to them and Luke registering Botswana metals now Kalahari metals, adam also has carried work out on these projects for BCL and BML • BCL gone into administration/liqui • • • • So the focus is now shifting to copper, lithium and cobalt, Luke has experience in this area and with mining assets so ideally placed to be involved here – other shareholders in Kalahari metals already have worked on these projects • So possibilities here of either a JV with BML, taking some of their assets for cash as they are asset rich and cash poor or taking gold assets from KOD and adding West Africa Gold Exploration (Namibia) which could be taken from north river resources, which ever it is, it is lined up and ready to be put in here at a very good price. • KOD bought their asset for £150k and did 16bags, hence why I think this play is looking very attractive, strong links and Luke has plenty of options and contacts in this area as well as a very good reputation for doing business in Botswana and Namibia. • It seems within the last 5 years Luke Bryan was director of one of Kalahari Minerals subsidiaries called West Africa Gold Exploration (Namibia) (Pty) Limited this held Kalahari’s gold and base metal assets in Namibia (KOD link). Which I think was aquired by North River Resources in which Luke Bryan was also a director. Judging by the new company being named "Kalahari metals" and Luke Bryan being a Director again I wonder if this is all somehow related. • I wonder whether Kalahari metals is going to obtain or somehow be involved in this project Through research I found Luke was Director of :- West Africa Gold Exploration (Namibia) (Pty) Limited which was a subsidiary of Kalahari resources. This was acquired by North River resources where Luke was a Director Now Luke opens a company with similar name to Kalahari resources called Kalahari metals and also becomes director of DRG so it seems a strange coincidence • • • north river are open to options to buy any of their assets as they need funding. • Looks like North river resources has assets in Namibia. Steinepreis seems to like Namibia and I know that gold has been mentioned • seems BML's interests include Cobalt and Lithium in Botswana. It also seems that BML was in a JV with BCL Ltd, the refining company that recently went into liquidation. That liquidation has clearly impacted upon the JV which is now on hold. • So is all this just coincidence or is BML looking to offload some of those licences which were previously part of the JV? Cobalt and lithium in Botswana, very interesting. Take a look at the • if the links are right Luke and Pelamis was the KOD combo, luke joined here but has not left KOD and pelamis are the major shareholder here, I would imagine KOD didn't want to take another asset but have decided to use DRG is the vehicle for it. all links to the recent Liquidation of BCL, and Botswana metals plays with them. So plenty of major resources available at the moment in a sale like fashion. links also to Luke Bryan setting up Kalahari metals before joining here, which was a name change from Botswana metals as he first registered. So all fingers pointing towards these links • Here's a summary of the jv position between Botswana metals and BCL Under the Farm-in Joint Venture Agreement if a party becomes insolvent (including being placed in provisional liquidation) then: (a) during the earning period (until a party has formally earned its interest) the solvent party may terminate the farm-in by notice to the insolvent party; (b) if a participant has earned its interest then: (i) the solvent party may compulsorily acquire the interest of the insolvent party at an agreed price or, if a price cannot be agreed, at a price recommended by a qualified person as the fair market value of the interest; or (ii) if there is no acquisition of the insolvent party’s interest, the joint venture can be terminated and the assets are to be realised and the net proceeds, after paying any liabilities of the joint venture, are to be distributed to the participants in proportion to their interests. It seems that BCL has earned its interest and so (b) applies. Looks like a question as to whether a price can be agreed or whether a qualified person needs to be appointed to decide. IN SUMMARY. From the breakdown of our research we are looking at a very clean shell with Luke Bryan at the helm with links to KOD and Pelamis. £600K in the bank so plenty for a deal as we saw at KOD. Pelamis have plenty of available assets to put in here esp. in the gold sector, also maybe a play for KOD marc2 with another lithium asset. From a purchase point of view we could take assets from North river resources or Botswana metals who are both cash strapped or we could JV with Botswana metals. Plenty of option here and the links are really strong to a few things – Gold, lithium, cobalt and copper. Administrators are selling assets off, Luke setting up Kalahari metals 5 days before the placing here and then joining the BOD makes me think deals are all but done and we could see some serious asset deal landing here pretty soon. |
Posted at 18/7/2017 11:57 by uinsionn1 some research into DRG and possible angles that luke bryan and pelamis are looking at. |
Posted at 13/7/2017 09:16 by uinsionn1 if the links are right Luke and Pelamis was the KOD combo, luke joined here but has not left KOD and pelamis are the major shareholder here, I would imagine KOD didn't want to take another asset but have decided to use DRG is the vehicle for it. all links to the recent Liquidation of BCL, and Botswana metals plays with them. So plenty of major resources available at the moment in a sale like fashion. links also to Luke Bryan setting up Kalahari metals before joining here, which was a name change from Botswana metals as he first registered. So all fingers pointing towards these links.If you take the basic pattern here of the Luke Bryan and Pelamis, the relationship was build at KOD, Pelamis bought 29.9% of the shares here and then a few weeks Later Luke joined here but didn't leave KOD, the financial director here has waived his salary here in the place of taking options, so something big must be happening, in the last three weeks we have gone from 2 MM's to 4 MM's, now they aint here for a laugh, they do DD before joining as they have to pay to be involved, So again everything pointing towards something big coming in here to make this very liquid. DYOR also got a feeling with BCL going into liquidation and now announced assets being sold off separately, I would imagine KOD offered asset but got enough on their plate, so I would expect luke joining here but not leaving KOD means that Kod are looking to use DRG for their next asset. DYOR just posting as been digging |
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