Pathfinder Minerals Share Discussion Threads

[12trading] 23/12/2014 12:47

hxxp://bit.do/VQcC Pathfinder Minerals Scoping Study we set a fair value of 27.5p per share

[mike111d] 23/12/2014 11:43

The way I read the RNS I would have expected an appeal to be lodged i.e. they were hoping that he would back down, not that they had reached closure on him doing so.

[john6185] 20/12/2014 14:19

It was from the RNS link in the same post.I have since received confirmation from the company that this ruling was not by the Supreme Court.Confuses me a tad, as the RNS clearly stated that this matter was being considered by the Supreme Court. I can only assume that the half year report was inaccurate.It's important as that might afford the general the right of appeal.

[dumbo4] 20/12/2014 12:55

Thanks john for all that. Does your quoted text come from Pathfinder's assessment of the situation or from an independent source. Veloso suggests that the case is yet to be heard by a 'higher' court but this is contradictory to your 2nd paragraph which suggests that the Supreme court will be deliberating on all the papers with no further input, much the same as we have with Oxus albeit a very different situation. The ownership here may well hinge on a very technical legal issue, but the decisions so far both in the UK and of last week do seem positive.

[john6185] 19/12/2014 14:23

So this last ruling was from the Supreme Court after all ...i.e. will be final and binding. I wonder why some have suggested otherwise, which has fed the alleged appeal story.

"Let me give an update on the status of legal proceedings in Mozambique. The principal proceedings presently in train in the Mozambique Supreme Court are two claims for recognition of the London judgments, referred to as the First and Second Claims for Recognition. The claims comprise a number of orders for costs (totalling £1,106,000) by the English court; and certain declarations by the English court to the effect that our subsidiary, IM Minerals Limited ("IMM"), did indeed validly acquire its 99.99 per cent. stake in our Mozambique licence-holding subsidiary, Companhia Mineira de Naburi S.A.R.L ("CMDN"). The reason these declarations were essential to Pathfinder was that IMM needed to demonstrate beyond any doubt that it was (and should now still be) the owner of CMDN. General Veloso and Diogo Cavaco have continually argued that they were entitled to request the transfer of the mining licences to their ownership because Pathfinder never validly owned the company from which they were taken. It has been established as a matter of law that this is not the case. As well as seeking to have the English judgments recognised in the Mozambique courts, Pathfinder has drawn them to the attention of the Government of Mozambique.

The First Claim for Recognition was filed with the Supreme Court in March 2013 and was supplemented by final written arguments in late October 2013. The Second Claim for Recognition was filed in August 2013. We are advised that the claims will be decided by the Supreme Court on the papers; and that there will be no oral argument. The court's chairman will prepare a draft judgment for the other judges to consider and, following a meeting between them, a final judgment will be issued. It is not known when judgments might be delivered. As I stated earlier, it may still be a considerable time."

[lady_g] 19/12/2014 09:43

http: // pathfinderminerals dot BlogSpot dot co dot uk/

[joan1234] 19/12/2014 09:21

PFP going red 2 blue some mms moving onto 1p again

[lady_g] 19/12/2014 09:18

Yes, he has the right to appeal and always does - his battle plan is to starve PFP out of cash. Here is a link to his blog: [...]

[dumbo4] 19/12/2014 08:52

Does Veloso have the right to appeal and can he afford it ? How do I get into his blog to know what he has to say ?
Thanks and GLA.

[aganatra20] 19/12/2014 08:02

Don't think anyone wants to buys these anymore.

[21trader] 18/12/2014 12:43

Difference is this time there is no trouble buying size. On any dips previous days the online size would be small. Today even near the low you can buy 500k blocks
inside the spread.

[mike111d] 18/12/2014 12:03

I did say the other day that the price would have retraced by the end of the week leaving many deeply out of pocket, still that is AIM for you.

[21trader] 18/12/2014 11:57

Yes there comes a point where you can get greedy and over trade the bounces and
the mm's do not let it bounce. Had my fun now so will leave it alone for the time being.

[johnsdale] 18/12/2014 11:54

Markets have been playing with the buys and sells, looking at the level 2 data, most of the buys as the stock dropped were actually sells. 21trader you'll called this well all the way through what do you think? I reduced my stake this morning but unsure whether to go back in for another go

[21trader] 18/12/2014 11:25

Very easy to buy today has been all morning and well inside spread so why is
my head telling me fundraising ?

[joan1234] 17/12/2014 16:07

Wintershall,New World oil Gas (NEW) projects in Denmark worth around $2.4bn
By Broker Recommendations And Tips News
17 Dec 2014 13:55:36
hxxp://www.smallcapnetwork.com/Wintershall-New-World-oil-Gas-NEW-projects-in-Denmark-worth-around-2-4bn/s/via/36628/article/view/p/mid/1/id/114/

[21trader] 17/12/2014 11:08

bozzy

Trading it long this time. Been in and out a few times.

[bozzy_s] 17/12/2014 11:01

2172 21trader - hold for a couple of days at least, don't sell for a 30-minute loss like some planks we've seen.

2173 ron64 - news was 2 days ago - it was quite big - have a look at the RNS!

[johnsdale] 17/12/2014 10:51

Down it goes again

[mally6] 17/12/2014 09:59

nice oft pfp will hit 2.5p just watch

[marmar80] 17/12/2014 09:55

Reminder. Next court decision: OXS.L

[21trader] 17/12/2014 09:50

Look at ANR and page 28-30 of their presentation if this can rise 700% then ANR can easily do 50-100%

[mally6] 17/12/2014 09:42

well done 21t hope you make loads look at htig another boomer got in first thing today