Pathfinder Minerals Share Discussion Threads

[fillipe] 24/10/2017 10:42

Here's what Beaufort wrote 21-9-2017, for interest.

"Our View: Pathfinder has been through a protracted legal process in its attempt to win back its mineral sands licences in Mozambique. This appears to have reached a stage where the Mozambican courts slowness/inactivity means the alternative solution of a new agreement is now top of the agenda. Although a favourable court decision would be best, our opinion is that Pathfinder shareholders have waited long enough for a conclusion to this saga. And the prospect of a solution should be viewed as a positive. The terms of the potential agreement will determine the upside to Pathfinder shares from current levels."

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[the stigologist] 24/10/2017 10:28

Today 08:23 marbles321 RE: possibly... 0.925 No Opinion

The only calculation we can really use is a historic one, where the market cap was £80m that equates in today's money of 38.36p, we will have to give some of this away as already RNSd to get the licence back but the value of the commodity is quite a bit higher so that should help towards this. This is all in the short term, longer term who knows but should be quite a bit higher imo.

[the stigologist] 24/10/2017 10:26

time to start dusting off the old broker reports / price targets methinks

[the stigologist] 24/10/2017 10:10

this could get interesting

have to say General was in the right all along so if he comes on board it'll be a good indicator that they've buried the hatchet for the big prize

[melodrama] 20/10/2017 08:21

This is obviously a classic binary bet. I have spoken to Nick twice in the last year or so, just to clarify Holdings % RNS's which are always bloody confusing in the way they are set out. He sounded cheerful, very polite and helpful on both occasions. The presence of Bellingham is encouraging, not saying politicians are "stand up folks" but he had a good reputation, and will wish to hold on to that I'm guessing. I think maybe the General is a difficult man to do business with and they are genuinely trying to come out of an impasse. Holdings below were prior to last fund raising and JP Morgan are now below notifiable interest as per RNS on 29th Sept. They are still a seller , albeit getting smaller. No idea who the Clarke twins are!



Nicholas Trew 21,449,735 10.28%
JP Morgan Funds 9,467,000 4.54%
Paul Ellison and Gareth Roberts as Joint Administrators of Hill Street Investments plc 7,884,000 3.78%
James Buchan 7,010,210 3.36%
John Clarke 6,626,006 3.18%
Roger Clarke 6,626,006 3.18%

[the stigologist] 19/10/2017 23:52

if you know the history here you wouldn't trust anybody

how much do the Management/Board hold?

[marbles1234] 19/10/2017 17:18

if that's the case the rest of us should load up !

[melodrama] 19/10/2017 16:52

Yep a possibility, backed up by some large trades referred to above which look like they all came from the same source.

[the stigologist] 19/10/2017 16:31

potentially interesting way to get around 'insider' rules

let the market know that you could be 'about to do a deal'

market shrugs

your mates get to buy up stock without being 'insiders'

then you actually announce massive news

[melodrama] 19/10/2017 15:27

Seems that they have now presented the framework to the General, as opposed to just "in preparation" and are still optimistic. I doubt very much this is all spin and guff as if it were the General would be slagging them off on his blog as he has done in the past. Hey ho. Long game this one.

[melodrama] 09/10/2017 08:59

lol that could pop the Lithium bubble

[melodrama] 09/10/2017 08:44

Sneaky late buy denoted "OK" trade Friday for a mill. About 15 mill in total "OK" trades went through a week or so ago, split up in 3-4 mill lots, someone is nibbling in fair size

[induna123] 09/10/2017 08:42

Interesting post on LSE

Fri 13:36 messyaffair Titanium Needed urgently..... 0.90 No Opinion
Dear General Jacinto

Toshiba has claimed to produce a battery which can be recharged in minutes - Needing Titanium
This shows how important this license area is - PLEASE General get signing and this area will be worth hundreds of millions........

[induna123] 09/10/2017 08:38

Some buying this morning.

[fillipe] 04/10/2017 09:16

PFP being taken in regular approx 100k bites, these past few days.

Also last week there was an after hours RNS from JPMorgan/PFP regarding their holding, so presumably someone was wanting that millions of shrs chunk of stock....



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[induna123] 03/10/2017 15:38

Rasing £200k is not a big issue for shareholders as the prize is far much greater. It's the lure of a 10/20 bagger that will keep people interested here. You're not going to get 2000% profit from a current account or many other stocks for that matter.

The General must realise that PFP just isn't going to walk away from this, it's simply never going to happen. They will fight this forever. Does the General want to have this legal battle going on for the rest of his life?

An out of court settlement/agreement is the only really logical solution to end this.

[mise] 21/9/2017 11:30

Told you ! Same old BS from "So True" he is deluded and needs to be removed from the board. The shareholders need to realise he needs to go.......Its become a lifestyle for S T.. and needs to be moved on .The locals dont like him and will fight a settlement while the deluded one remains.....Shareholders will just keep getting diluted

[recordz] 21/9/2017 10:49

I was just looking through the RNS's.
They were about to start the DFS back in Oct 2011 before all this Licence stuff began.
Crazy.

[recordz] 21/9/2017 09:53

Not that bad.They needed money.

[supercity] 21/9/2017 07:34

can't say it wasn't blatantly obviousPathfinder announces that it has raised gross proceeds of GBP212,500 via a placing of 28,333,333 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of 0.75p per share (the "Placing").

[supercity] 20/9/2017 15:42

According to the final results in June they don't have a lot of cash and seem to burn a lot looking at what they raised last year...quick glance at the rns will make you suspicious of another fund raising round the corner

[letmepass] 20/9/2017 14:10

Yes they are loaded... Do some research

[marmar80] 20/9/2017 14:08

Do the have money to go further once the licence is restored?