Ironveld Share Discussion Threads

[aceuk] 07/12/2022 10:07

Òh dear, another F- 🤪

[iceagefarmer] 07/12/2022 07:29

i noticed align research have sold a big chunk in ascent resources..wonder where that money is going?

[rec0very stock] 07/12/2022 07:15

I wonder who sold to him - he clearly did not buy in the market. Maybe there will be a TR1 from a major holder who has sold them to Mike, but more likely some below notifiables who took part in the placing have asked TPI to place their shares out and Mike was the muppet they found.

The good news is that potentially there may only be 1Bn shares from the placing still waiting to be sold on the bid getting above 0.3p.

Obviously none of this changes the facts that IRON still does not own the smelter it has been refurbishing and it still has a massive black hole in its cashflow forecasts.

[iceagefarmer] 07/12/2022 06:53

another city loser by the looks of it

[al101uk] 06/12/2022 22:58

Oh, Toople is a 0p as of 16th Nov... oops!



He was on the major shareholder list:

[al101uk] 06/12/2022 22:41

Not a stellar record if this is the guy:



Eastinco also a complete disaster.

Darwin Strategic Ltd lasted from 2009 to 2019 and was an Alternative Investment Fund investing in AIM companies that were doing placings "only available to institutions". Alexander Snow was a director there at the beginning.

Their accounts claim they were ready for worldwide rollout in 2017, but they liquidated in 2019, there was a million quid of assets that look like they were taken out of the business before they wrapped it up, doesn't look forced.

To much research for someone who's taken a 3% stake, I'm just bored.

You could argue that he's someone in the know, so this is a good sign. But then you remember John Wardle and think maybe it's not such a big advantage to have GC's ear.

Looks to me like someone who made a bit in 2019 and has since lost most of it on less than great AIM speculation.

[tommygriff] 06/12/2022 19:01

Also his brother or brother in law was the owner of the pubs that barkby acquired to start them off

[tommygriff] 06/12/2022 19:00

Interesting looks to be an ex colleague of Alex Snow! Ex evolution and ex Amerisur

[aceuk] 06/12/2022 17:24

Looks like his company, Darwin Strategic Ltd was struck off 3 years ago, oh golly, this could be fun!

[aceuk] 06/12/2022 17:11

I'm sure you'll like Mike Staten ;-)

[ladeside] 06/12/2022 17:07

Interesting development.

Watch this space.......

[aceuk] 02/12/2022 19:47

Late tweet today stating resources are available ;-)

[al101uk] 01/12/2022 14:11

Took me long enough to find one emoji, I'm normally old school :-)

[aceuk] 30/11/2022 19:36

That's a bit of a limited giggle, I'm sure we can be more raucous 🥳🤣🤣🤣9315;🤣

[rec0very stock] 30/11/2022 17:06

Yes I also have my list of names, which if they are involved / have been involved in the past, it is an instant No from me. It saves a lot of wasted research time. I added GC and NH to the list on the escalator down into Liverpool Street station on 12th Aug.

[aceuk] 30/11/2022 16:43

No point asking any of your questions in a Giles Clarke company - it's his way or the highway ;-)

[rec0very stock] 29/11/2022 18:38

RNS to look forward to tomorrow?

"A. Will we have an RNS on or before Wednesday announcing it has closed as ANTICIPATED?

B. Will we have an RNS on or shortly after Wednesday telling us it has not closed as ANTICIPATED? If so will the RNS tell us what the problem is and what needs to be done to resolve it or is 30 Nov the date when the deal is completely off? we don't know!

C. Will we just get the usual radio silence when things have not gone according to plan as they scrabble around trying to come up with a new plan?

As we have not been told what these "certain conditions" are, we have no idea of the likelihood of A. However on past performance, if it is not A, then C is much more likely than B."

I am sure we are all dying to know whether IRON does now own those sheds.

[al101uk] 29/11/2022 10:11

That was a very meta troll Ace ;-)

[aceuk] 28/11/2022 21:03

Can't resist ;-)

[rec0very stock] 28/11/2022 20:30

Sheds they don't actually currently own!

"The refurbishment of the Rustenberg #smelters continues with good progress. Ironveld looks forward to the beginning of production, which is anticipated in Q1 2023."

Maybe they will actually own them as ANTICIPATED in a couple of days. Time will tell, as it always does.

Such a shame the annual report is due out by the end of Q4 22, after which we can have the guess the date of the 2023 placing contest - now there's something for everybody to look forward to in the new year.

The date we will be trying to guess is the date shares are actually admitted to trading. It will be interesting to see how many shares they ask for authority to issue at the AGM and how many of those they want approval to disapply pre-emption rights to. Perhaps someone who is heavily invested should go along - the world cup will be long over by then. It will most probably be back in Manchester so I am not travelling all the way up there just to look GC in the eye again and tell him what I think of him again.