Pembridge Resources Share Discussion Threads

[soulsauce] 02/5/2018 17:03

Well with their credibility already rather tarnished post the last money raising effort after all the good words beforehand, one would hope they would seek to amend that position. Time will tell.

Okenia is very knowledgeable on the lse board. Worth reading his posts.

[uknighted] 02/5/2018 10:07

It appears to me that the bod are on an ego trip sponsored by our cash!

[soulsauce] 02/5/2018 09:10

Agree Ross. All the good words about existing shareholder value mean nothing if this doesn't come back some way above what it suspended at.
Time will tell, let's see what they are made of this time and if they can come good.

[uknighted] 30/4/2018 12:02

No mention of the suspension but it does mention a significant fundraising roadshow. Is that the one held recently or a new one?
More questions than answers!

[soulsauce] 06/4/2018 07:36

Interesting.

Paul's participation at this stage is a tremendous value add.

Let's hope that transfers to existing shareholders on relisting who have had a rather torrid time thus far.

[susiebe] 06/4/2018 07:28

Significant RNS David Linsley, Chief Executive Officer of Pembridge, commented: "The role of CFO is a vital one for our Company as we move towards closing the Minto transaction and relisting. After an extensive search, we are delighted to have been able to secure someone of Paul's calibre. As previously announced, the Pembridge team is working closely with our advisors to prepare a new prospectus and finalise the capital raise. Paul's participation at this stage is a tremendous value add."

[uknighted] 27/2/2018 17:30

Thanks Soulsauce - so relisting end of April seems to be the target.

[soulsauce] 27/2/2018 15:57

Good interview:-



"the mill is a Rolls Royce churning out super grade concentrate"

[vivgav] 16/2/2018 07:55

OT

See WRES rns today re funding etc....mine not up and running yet.

[uknighted] 15/2/2018 21:36

Yes would have been good had the interviewer asked DL what other plans they have or are they just focussing on this mine?

[soulsauce] 15/2/2018 19:06

Interview on proactive.

Doesn't give much away but insisting good for existing shareholders.

[soulsauce] 15/2/2018 15:36

Possibly dixi.

[dixi] 15/2/2018 15:14

Is that dependent on the acquisition being seen as worth more than they have paid for it? (I follow here occasionally due to WTI).

[soulsauce] 15/2/2018 15:07

I would hope this comes back at no less than it suspended at, if it does the BoD will quite simply have failed existing shareholders who have already suffered a deeply discounted raising.

Oil companies seem to be able to come back stronger after similar moves so I don't see why this should not with the experience we have on board here. See SQZ for example.

I am sure the BoD not having been paid until first deal will want to make hay with the options at 3p so hopefully that can work out something that's benefits existing shareholders too.

[the deacon] 15/2/2018 14:43

Can't see a premium raise here. At best 1.5p, but most likely between 1p and 1.25p. The first deal here is bigger than I expected. Later deals might be in the form of debt, but you need some collateral for that to be offered. Something PERE don't currently have.

[uknighted] 15/2/2018 14:19

Not sure the "lifestyle" comment was justified, after all, the Directors do not start drawing a salary until a deal is done.

[mostro] 15/2/2018 10:15

Has anyone worked out who and where Mark Lancaster, our 8% recent shareholder, fits into any of this jigsaw??