Pembridge Resources Share Discussion Threads

[rpat2] 21/6/2018 08:49

I have 1.2m plus 1.2m warrants at the same price 1.6p so does this mean that the 1.2m shares are potentially valued at 5p each? Thanks

[encarter] 21/6/2018 08:45

Any more cash shells out there worth looking at?

[encarter] 21/6/2018 08:34

Been doing some research on the mine and it looks like a winner. We should make about $40m profit a year from it and large parts of the site remain unexplored which gives hugh future potential. 50p per share as openers then it could easily be 100p within 12 months imho. How quickly the book is filled and who the major holders are will tell us what kind of company we are going to be and where we are heading.
Other than that all I can say is YIPPPPEEEEEEE!!!!!!

[soulsauce] 21/6/2018 08:00

Yes bigboots let's hope they can get it away.

[bigboots] 21/6/2018 07:58

Thanks guys, cant count my chickens until they have done the raising and have come back to the market

Hopefully happy days

[soulsauce] 21/6/2018 07:57

Been a long wait but hopefully the company have come through for existing shareholders.

[soulsauce] 21/6/2018 07:49

bigboots don't knock it. Holding that many and having faith in what was happening at Pere you deserve it. Good on you.

[soulsauce] 21/6/2018 07:43

Wow if they can get 50p away and our shares are consolidated to 5p equivalent that will be very significant. Fingers crossed.

[vivgav] 21/6/2018 07:40

Profitable mine ?
Off Take agreement see last RNS

[bigboots] 21/6/2018 07:27

Quite ambiguous the RNS

Originally placed at 1.6 are the BOD saying that they are raising money now at 5p re consolidation ?

[alexios1201] 21/6/2018 07:26

Briliant news for all longstanding shareholders

[vivgav] 21/6/2018 07:24

David Linsley, Chief Executive Officer of Pembridge stated:

"Further to our announcement on 15 February 2018, and after securing the recent offtake finance agreement with a leading Japanese trading house as announced on 11 June 2018, we are delighted to move to the final phase in this financing process and commence our roadshow in connection with the Proposed Placing. Interest in an equity placing has been strong and we are confident that the Proposed Placing will be well received given the tremendous value the acquisition of Minto will bring to Pembridge."

[vivgav] 21/6/2018 07:22

I make it £30.46m on conversion to sterling with DL and co taking £3.81m. ?

[uknighted] 21/6/2018 07:21

From the RNS

-- Pembridge's management, Board of Directors and connected parties expect to contribute at least US$5 million towards the Proposed Placing;

-- An investor presentation, together with the Competent Persons Report from Aurora Geosciences Ltd will be available on the Company's website (www.pembridgeresources.com) from today

[uknighted] 21/6/2018 07:18

It does appear to be that's the case, but of course the actual value you won't know until they are relisted and the market price is determined.

[jamdan1] 21/6/2018 07:17

Thanks....looks very good then

[gersemi] 21/6/2018 07:17

10-1 from 5p = 50p so yes

This looks quite interesting and the $5m commitment from management and others is very encouraging. When management have skin in the game (their own money) their commitment to increasing shareholder equity value is considerably enhanced

[the_debt_collector] 21/6/2018 07:17

Looks like it

[jamdan1] 21/6/2018 07:12

So does that mean our shares are going to be valued at 5p

[kinkell] 17/6/2018 22:55

Ged5,

Many thanks.

[soulsauce] 17/6/2018 22:31

escapetohome my sentiments exactly. It's certainly been a learning curve. You would have thought following the so called experts in their field you would have been on to a winner. Unfortunately thus far it has been an investment to forget.