Intl Min&IN Crp Share Discussion Threads

[noirua] 21/6/2017 02:53

INTERNATIONAL MINING & INFRASTRUCTURE CORPORATION PLC - GBP 33662517.60 8% Convertible loan notes due 2020 - GEM
hxxp://www.ise.ie/Market-Data-Announcements/Debt/Individual-Debt-Instrument-Data/ShowSecTranche/?trancheID=75273&refNo=4853

[gheebee] 20/6/2017 14:50

A new notice of meeting will be sent by 21 June 2017 in respect of the
July Adjourned Meeting.

[noirua] 22/4/2017 12:34

Some brokers are automatically putting forward share conversion of the loan if requested previously.

[diesel] 22/4/2017 10:32

The only item on the 15thMay meeting is to seek approval to defer the meeting to 15thJuly, hard to find the words.....

[gheebee] 22/4/2017 09:42

21 April has come and gone but I haven't seen a revised proposal for the 15 May meeting.

[deltrotter] 17/3/2017 06:27

Hi Parthus

Keep the faith!

Cheers

Del

[parthus] 17/3/2017 00:20

I agree, but I suspect it will never happen !

[irenekent] 16/3/2017 08:21

I'm keeping my debt too. They can't convert into shares which have no way of being traded in order to set a conversion price. The whole bunch of crooks in charge of this outfit need to be hounded out of office and into the nearest jail.

[horneblower] 11/3/2017 21:50

Imo both are minus zero so..."whatever".

I have told the taxman that my investment was a total write-off and that seems to have been accepted.

Shameful, deliberate deception by AIM directors...as usual.

Only myself to blame.

Move on.

[kalkulacka] 11/3/2017 14:55

I see it as a decision between debt (valued close to zero) and equity (no value), so I keep the debt.

[effortless cool] 11/3/2017 07:42

What's your plan then che7win?

Those of you that have not got a conversion message need to get on to your brokers on Monday. Next Thursday, 16 March, is the last day before the 90 day notice period runs out.

[che7win] 11/3/2017 07:05

Yes, similar message from IWeb.

[horneblower] 11/3/2017 00:12

No. I didn't. Despite having a largish number of loan notes held via TD Direct, who are usually efficient at these things, I and they have had no notice to my knowledge.

[effortless cool] 10/3/2017 21:44

Strangely quiet on here - did no one else get an equivalent message?

[ridicule] 09/3/2017 00:06

What is the general view on conversion into IMIC shares?

[parthus] 09/3/2017 00:04

EC : Thank you for posting that.

Can you please tell us where you saw this ?

What are the views of this bulletin board ?

Should we keep the loan notes or convert ?

And how could we convert, as there is no share price to speak of ?

[effortless cool] 08/3/2017 21:33

The Company confirms that in accordance with clause 5 of the Loan Note Instrument, shareholders are being given the option to convert into Ordinary Shares in International Mining and Infrastructure PLC on 19 June 2017, by giving 90 days notice.

If you wish to convert your shares, please elect below by no later than 16 March 2017.

[gheebee] 26/2/2017 09:49

This should not come as too much of a surprise to loan note holders who do their own research but the situation here is intimately related to what happens at New World Oil and Gas. NWOGAction have a website that used to explain why but now it just highlights the upcoming NWOG EGM. Perhaps it will be updated once the NWOG circular is published.

[noirua] 25/2/2017 12:34

It looks as if IMIC know fully that it's all systems go for operations in Cameroon. Their concern is that converting the Afferro loan notes means that the note holders will own IMIC.

One way out is for a financial backer to buy in the loan notes both on market and off market. Unfortunately IMIC want to cancel the conversion rights and thereby cut the loan notes free for nothing at all.
The conversion rights are the real value for Afferro Loan Note holders. China are building for what they know will be a big boom somewhere down the line. Whether that be 2020 or even out to 2030.
It is not French Cameroon it's going to be Chinese Cameroon.

[noirua] 25/2/2017 12:14

Old Youtube for the new Kribi Port
Kribi Deep Seaport Project Presentation, Cameroon


Trade: Counting on Cameroon's new port, Kribi - Posted on Tuesday, 23 June 2015 12:31



Kribi - Marina Bay Luxury Apartments - Published on Sep 28, 2016


In French but spoken clearly.
Kribi Port now Operational - Published on Oct 3, 2016

[deltrotter] 24/2/2017 11:59

Very fair point che7win....

Cheers

Del

[che7win] 24/2/2017 11:58

Iron ore projects have soared this past year, where is our money?