Gulfsands Petroleum Share Discussion Threads

[gonuts1] 22/3/2016 16:17

22/03/2016 4:14pm
UK Regulatory (RNS & others)

Onzima Ventures (LSE:ONZ)
Intraday Stock Chart
Today : Tuesday 22 March 2016

Click Here for more Onzima Ventures Charts.
TIDMONZ

RNS Number : 9481S

Onzima Ventures PLC

22 March 2016

22 March 2016

Onzima Ventures PLC

("Onzima" or the "Company")

Investment

The Company announces that it has participated in the placing of new ordinary shares by Jubilee Platinum plc ("Jubilee") as announced today as part of a total fundraise of GBP2.5 million gross.

Jubilee has also today announced the successful completion of debt project funding for the execution and commissioning of both of its two surface platinum processing projects at Dilokong and Hernic in South Africa. The debt funding comprises a combination of senior secured debt to a maximum of USD 10 million (ZAR 153 million) and unsecured debt to a maximum of USD 5 million (ZAR 76.5 million). The total funding allows Jubilee to execute simultaneously its two projects targeting the processing of 80,000 tonnes per month of surface material, while still being able to pursue the acquisition or securing of further surface or shallow platinum bearing opportunities.

Onzima subscribed for 4.7million shares at 2.8p per share for a total sum of approximately GBP132,000.

Luke Cairns, Director of Onzima, stated: "We are pleased to have taken part in this fundraising at what we consider is an attractive price. Jubilee is at a transformational stage as it looks to move into production at both of its new platinum tailings operations, while its Tjate mine project progresses in the background. Jubilee expects both Dilokong and Hernic to be producing this year thus we anticipate plenty of positive newsflow in the short term.

[bad robot] 22/3/2016 15:55

would you mind throwing a few squids into diggiegoon begging bowl?

[debbie_does_dallas_twice] 22/3/2016 15:52

Quite an eventful week with my largest holding skp getting taken over as well. what have i done to deserve all this?
i know reading posts from Muppets like bones for 12 years.
The backbone of success is reading posts from experts like bones..

[bad robot] 22/3/2016 15:48

fearless forget about the mugs in UK, it does not matter

[debbie_does_dallas_twice] 22/3/2016 15:43

Took a long this am at 2772 on LSE wondering if to take quick profit or hold for the Yank bid. hmmm

[bad robot] 22/3/2016 15:42

This one remind me of Mos, the tactics by mms on the first mega rise.

[debbie_does_dallas_twice] 22/3/2016 15:41

no way they can keep this down , they are still short of stock, look how they fly it up on any buying whatsover.
They are trying to get stock.

[bad robot] 22/3/2016 15:36

Did someone just sneak in 225K?


Yeah they stopped commenting after the contract notes were posted. LOL

[debbie_does_dallas_twice] 22/3/2016 15:34

BR no kept the little gwp a secret, did not want any grand ideas of a new evoq..
130% in day, some frigging day that was, i would have love to have seen the thread morons face when i posted my contract notes ;)

[debbie_does_dallas_twice] 22/3/2016 15:30

I think gwp could take the £5 today br.
Defo going to test last Mondays high this week.

[debbie_does_dallas_twice] 22/3/2016 15:29

Debs lead the way this morning with the momentum buys at 8.00 to get everyone in the right frame of mind.
Biggest heart on aim right here!

[bad robot] 22/3/2016 15:28

Did you tell her about 15k you made on our NASDAQ baby within 30mins last week?

[debbie_does_dallas_twice] 22/3/2016 15:26

trying to play it cool with the Mrs, no way am i teller her we made 25k today......so far.

Oh btw thank you for the advise to sell at 3.5p Bones. you're abolished!!!

[debbie_does_dallas_twice] 22/3/2016 15:24

gwp on fire also ;)

[bad robot] 22/3/2016 15:22

BR is lining up another 2 sure things in the background.


When the stars explodes to supernova , BR will make his presence felt.


IN BR WE TRUST

[bad robot] 22/3/2016 15:19

The little maggots on advfn think they can take on BR team. Yep the traders messaging each other " lets go and pump shares " with 500 squids.


IN BR WE TRUST

[shaws67] 22/3/2016 15:17

This has all the hall marks of a crash !!


Just kidding, no it doesn't, if this was a pump and dump it would have been hammered by now, this Mo Fo is going up.

100p coming.

[bad robot] 22/3/2016 15:17

15p close today should not be discounted.

[debbie_does_dallas_twice] 22/3/2016 15:15

The BOD needlessly trying to keep a lid on this with the totally unwarranted and unnecessary RNS .It's not working!

[debbie_does_dallas_twice] 22/3/2016 15:13

This is what ADVFN should play over every bones posts.
especially for bones.