Lionsgold Share Discussion Threads

[uknighted] 21/12/2021 07:54

Tally AGM 30/12/21.

Ask your broker to submit your votes- if your with ii you should have received an invite to vote.

Vote by 24/12/21.

[ifthecapfits] 11/11/2021 16:42

Anything more on this supposed relist?

[ciminna] 20/10/2021 09:34

Let's hope so!

[noirua] 14/10/2021 13:16

At last strong progress towards the IPO!

Activities & Objectives 2021 – end of Q3 Update
30 September 2021


• Following completion of the work outlined above, the Company shall decide which exchange to apply to have its shares admitted to trading, complete the work required for its IPO prospectus and conduct investor roadshows with a view to listing at the end of Q1 2022.

• Progress initiatives to convert the Company’s Finland mining interests from a non-current asset to listed securities or other current asset.

• Following a capital raising conducted by one of our investees, Railsbank Technology Ltd which they
announced in July (reference:
Tally completed the sale of part of its shareholding, injecting £2.73m in net proceeds and taking the total cash realised from our £1.27m investment in 2018 to over £5m, with approximately one quarter of our original shareholding remaining, revalued at over £3m.

• During the quarter Tally Ltd entered into an agreement to sell its shareholding in Geomysore Services
(India) Pvt Ltd (“Geomysore”) to Bombay Stock Exchange-listed Deccan Gold Mines Limited (“Deccan”)

At the share swap ratio negotiated, upon completion at the current Deccan share price our Indian gold interests will be transformed from a fixed asset valued at £3.3m to a liquid asset valued at approximately £6.6m and able to be valued mark-to-market.

Completion is expected to take six months and is subject to regulatory permissions in India and Deccan shareholder approval.


• In accordance with the provision of the Disclosure Guidance and Transparency Rules of the FCA, the issued ordinary share capital of Tally Ltd including the issue of the new ordinary shares is 671,064,392 Ordinary Shares with voting rights attached (one vote per share). There are no shares held in treasury.

[ 671,064,392 at 3p a share = £20.13 million market cap. ]

[noirua] 28/9/2021 13:54

After a successful cash raising of £400,000 at 2p it will be interesting to see what the IPO price for TALY will be in December. Unless there turns out to be no Xmas present after all.

[noirua] 03/9/2021 17:24

“Our crowdfunding strategy was deferred last quarter as we look to align that with the Company's planned IPO. As such Tally conducted a pre-IPO private placing at 2p per share in June raising circa £400,000 from investors and an external developer choosing to take shares as part payment for ongoing work.

“We are targeting an IPO that would see us make application for listing the Company's shares on the London Stock Exchange Main Market in December 2021.

We haven't spoken of timelines to listing the Company's shares over the last 18 months, but given we're now at the end of our financial year and can proceed with our auditors to prepare audited accounts for Tally's IPO prospectus, the advances being made with our "Teco" platform, and progress being made on converting investment assets to liquid assets, it is a reasonable to start outlining the path to IPO.

As previously stated, Tally's IPO strategy is not just about seeing the Company's shares available for trading, it is to add another regulated environment for Tally customer confidence, provide a platform for thought leadership about banking, money and fintech, and as part of our mission toward the democratisation of money”, the CEO added.

As of 1 July 2021

[noirua] 02/8/2021 21:34

Want to fight inflation eroding your savings? As the cost of living climbs, Tally claims its account denominated in REAL gold could be a solution
17 Ju;ly 2021


In charge: Tally's founder and boss Cameron Parry told This is Money he's confident about the company's prospects

On the issue of withdrawing Tally from cash machines around the world, the group says on its website: 'You can use your Tally Debit Mastercard to withdraw money from your Tally bank account at cashpoints around the world. And we don’t charge you to do so – no matter which currency or country you’re transacting in.'

[captain stock] 04/7/2021 19:34

What a load of old bullocks so far.... Getting v bored of jam tomorrow from Mr Parry..GLA

[noirua] 13/5/2021 10:28

Tally Ltd also has significant holdings in certain fintech, gold mining and exploration companies.

This includes a significant shareholding in banking platform developer Railsbank Technology Ltd (“Railsbank”), who is a key technology partner of Tally Ltd.

With regard to gold mining and exploration, the Company has a 22% holding of leading India gold exploration and mine development company Geomysore Services India Private Limited (“Geomysore”). In addition, Tally Ltd has an interest in gold exploration and production in Finland via 32% ownership of Finnish joint venture company, Kalevala Gold Oy (“Kalevala”).

Geomysore:

[uknighted] 01/4/2021 13:10

“ The Board and I are committed to progressing the Company to a successful IPO and we expect to provide in the end of Q2 update, the Company's plan to IPO in the second half of this year. Tally's IPO strategy is not just about seeing the Company's shares available for trading, it is to add another regulated environment for tally® customer confidence, enhance our platform for thought leadership about banking and FinTech, and as part of our mission toward the democratisation of money.

We hope that 2021 has started much brighter for all of our customers, shareholders, team members and other stakeholders and we look forward to Tally being part of the positive change to come."

[enewman36] 01/4/2021 12:49

IPO prospectus confirmed at the end of Q2 with launch in Q3 on latest RNS

[ifthecapfits] 26/3/2021 09:16

Yeah, just get on with it.

[noirua] 26/3/2021 00:37

1 March 2021
Tally strengthens board ahead of planned public capital raising

Tally Ltd has appointed two directors with “deep public company knowledge” as it looks to grow and raise funds on the public markets later this year.

[noirua] 26/3/2021 00:30

Tally cheers pivotal year of development
5 March 2021

The company noted that it continues to be funded to date primarily through investment capital, and, highlighted that it aims to open up public access to the company’s equity first via crowdfunding, and, at an appropriate time, with a stock market IPO onto a recognised stock exchange.

IN BRIEF - DEEP DIVE

[uknighted] 24/3/2021 15:15

The above relates to a winding-up order dated 15/03/2006 !!

[barnetpeter] 24/3/2021 15:01

I wondered what went on here. Long since gone. I did OK out of this and only lost a freeroll but it was quite a decent one.

[birchin] 04/3/2021 20:39

Poor old Nick on Lse hasn't got a clue why his post are being taken down. I do lol.

[birchin] 04/3/2021 13:40

Poor Nick off LSE keeps having his posts removed Lol

[birchin] 03/3/2021 16:37

Lu_cypher along with BigLeighMJ think they are the new rodson1 team LOL. I wonder who got their posts removed this morning LOL. Poor old Nick LOL

[enewman36] 27/2/2021 21:32

So another RNS of basically nothing apart from Ralph now stepping down from his position...

[birchin] 02/2/2021 16:48

Dave are you ok mate?

Not seen you for a while. Hope you haven’t crashed your plane or one of your supers cars while listening to Elvis or maybe been eaten by a shark while cruising around the Bahamas in your mega sized launch?

Hope to hear from you soon.

Regards CP and all the team at Tally.

[timeforchange1] 30/1/2021 15:37

only mugs follow the Q&E they like having their trouser pulled down.