Paternoster Resources Share Discussion Threads

[barnetpeter] 17/1/2018 23:19

PRS is a mechanism for funding private lifestyles for PLC directors.


yes I agree..which is why i want the current bod OUT. Lets have a vote please

[chimers] 17/1/2018 22:38

Having worked in it for just under 40 years then......YES I DO.
Do you ?

[encarter] 17/1/2018 16:53

How do I find them? Do you know how the stock market works?

[chimers] 17/1/2018 16:01

There is nothing TO LIQUIDATE

Dont you people get it yet ?

PRS is a mechanism for funding private lifestyles for PLC directors.

YOU fund them .......nobody else just ..............YOU.

[encarter] 17/1/2018 15:52

Their investment in PLMO should add to that nav shortly

[tomboyb] 17/1/2018 15:45

Or ultise monies for a major investment -

NAV around 0.30p -

[encarter] 17/1/2018 15:33

Maybe they will liquidate and return cash to share holders.

[chimers] 16/1/2018 12:34

You mean PANAMA based hidden "NO NAMES" GAEA you mean them yeah ?

[tomboyb] 16/1/2018 11:18

GAEA resources holds 22.7% here -

The major shareholder should discuss the current situation and big discrepancy to NAV -

a MAJOR investment with a larger stake would be a better strategy -

[tomboyb] 16/1/2018 10:57

lol -

NAV is around 0.30p here -

The 22% holder should really get going and look for someone to change things -

[tomboyb] 16/1/2018 10:03

May get some activity here -

PRS very much undervalued significantly -

However being a Hermit in a bull market does not help does it -

[tomboyb] 16/1/2018 10:00

Paternoster Res.
Requisition of General Meeting
RNS Number : 0035C
Paternoster Resources PLC
16 January 2018

16 January 2018



Paternoster Resources plc



("Paternoster" or the "Company")



Requisition of General Meeting

Paternoster Resources plc, the investment company listed on AIM, focused on the natural resources sector, announces that on 15 January 2018, it received a requisition to convene a general meeting of the Company from a registered shareholder holding 7.46% of its issued share capital to remove Nicholas Lee as a director of the Company with immediate effect and to appoint Melissa Sturgess as a director with immediate effect.

The Board is taking advice in relation to the requisition and, in the meantime, the Company will continue to actively pursue its investment strategy in order to create value for shareholders.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.



For more information please contact:

Paternoster Resources plc:

[phone]

Nicholas Lee, Chairman





Nominated Advisor:



Beaumont Cornish

[phone]

Roland Cornish





Broker:



Peterhouse Corporate Finance

[phone]

Lucy Williams

[gubinz] 10/1/2018 15:52

Sorry, my mistake. Getting mixed up.

[dabs1969] 10/1/2018 15:45

It's not showing on here. Last one was in Nov 17.

[tomboyb] 10/1/2018 15:35

One of the tiny trades was mine - At well below NAV a punt

[gubinz] 10/1/2018 15:24

Update was out this morning...

[dabs1969] 10/1/2018 15:08

Some good trades going the through.... Update must be immanent....

[davidlloyd] 10/1/2018 14:21

Que?
DL