Pembridge Resources Share Discussion Threads

[uknighted] 20/9/2018 11:07

I’m beginning to think I have been mugged by a bunch of public school toffs.

[escapetohome] 16/9/2018 18:21

An unacceptable performance.

[soulsauce] 16/9/2018 13:02

Nick you would think.

But you could say this band of experts shouldn't have had a problem raising money last year for their big plan but ended up going cap in hand.

The annoying thing is they announced their latest master plan in June which finally looked to reward shareholders for all the upheaval but it seems obvious, due to their arrogance, had not sounded the market out first and have since for whatever reason not been yet able to close the deal.

Who knows what is in store over the coming weeks but I doubt shareholders are going to be rewarded in the way talked of in June, if at all.

The lack of communication since they failed to make the end of July close date has just been appalling.
Having rushed the Egm through and signed the share reorganisation off, shareholders are now also left with zero value on their accounts which is another annoyance.

Get a grip Pere you are looking like a bunch of amateurs.

[jamdan1] 16/9/2018 11:43

There needs to be better communication from the company

[nick rubens] 16/9/2018 10:08

Hard to believe they can't get financing when this looks such a genuine and realistic mine plan and with directors intending to buy a good substantial amount too. We'll have to just wait and see what develops here. At least with the shares suspended we can't behave irrationally buying and selling on any whim and rumour.

[bazzerhino] 04/9/2018 19:02

Boots... You are so funny. The deal is off? What is your source? Lol

[jamdan1] 03/9/2018 15:35

He talks rubbish ignore him/her

[soulsauce] 03/9/2018 15:32

bigboots why should we believe you, everything you say has been wrong.

[bigboots] 03/9/2018 15:27

The deal is off, they couldn't raise the finance, contrary to what DL told investors, now they are scurrying around around for alternative finance

[inthepub] 02/9/2018 11:43

Tomorrow is 200 days suspended.A nice round figure to let us know what is going on,somehow I think their will be a lot more days pass before the Smarmy DL or Flash Horton speak to us again.

[uknighted] 02/9/2018 08:51

Furthermore, the RNS dated 16/07/18 stated:
“The Company hereby confirms that the share consolidation of every 10 existing ordinary shares of nominal value 0.1 pence (each, an "Existing Ordinary Share") each into 1 new ordinary share of nominal value 1 pence each (each, a "New Ordinary Share") which was approved at today's General Meeting and the associated crediting of CREST accounts with New Ordinary Shares will take effect immediately prior to re-admission of the New Ordinary Shares to listing on the standard segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange plc ("Admission").

The Company will inform the market of the expected date of Admission in due course.”

[uknighted] 02/9/2018 08:47

The RNS on 22/06/18 stated:

“The Company is currently preparing a prospectus relating to the enlarged group which will form the basis for the applications for Admission to of the enlarged issued share capital of the Company to listing on the standard segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange (together, "Admission").

However, in order to expedite the timeframe to Admission, and to potentially remove the requirement to simultaneously convene a general meeting at the same time as publishing a prospectus in connection with the Minto Acquisition, Proposed Placing and Admission to take the necessary authorities to issue shares for the Proposed Placing, the Company is taking this opportunity to convene the General Meeting in order to take those authorities in advance of publication of the prospectus.

By proceeding in this way, the Company anticipates that it will be possible for Admission to occur in late July 2018 as opposed to mid-to-late August 2018. The Company does not need the approval of shareholders to complete the Minto Acquisition, but the Company does require shareholder approval to issue shares to raise the necessary equity finance by way of the Proposed Placing.”

The company’s own website currently states:
“Pembridge Resources plc (the “company”;) transitioned from AIM to the standard segment of the Official List of the Financial Conduct Authority and the Main Market for listed securities of the London Stock Exchange on 21 August, 2017 (ticker “PERE:LSE̶1;).”

NOTE THE DATE - 21 AUGUST 2017!

What is going on?

[soulsauce] 01/9/2018 12:49

Agreed. They have not covered themselves in glory since stupidly boasting on camera that they would have it wrapped up by end of April.

[inthepub] 01/9/2018 12:35

I am afraid we haven't much reason to trust them either.They are not covering themselves in glory at the moment.

[encarter] 29/8/2018 08:09

They have said 50p and I have no reason to doubt them.

[bazzerhino] 25/8/2018 18:55

I need to sell at 35p to break even. Anyone got a higher average than me? I doubt it lol

[bazzerhino] 25/8/2018 13:18

Anyone think 50p is what we will get?

[alexios1201] 21/8/2018 10:24

Late September is goodBeaufort funds needed to be unlocked for this transaction to be complete IMO

[soulsauce] 20/8/2018 18:39

Late September at the earliest. Let's just hope it completes.

[bazzerhino] 20/8/2018 18:04

Ffs. How much longer do we have to wait?
Arrrrrrrggggggggggghhhhhh

[inthepub] 16/8/2018 00:02

bigboots
last time you spoke you said talk is they have raised the money but the Japanese want to invest more
now your saying roadshow started in June and the deal has flopped are these just voices you hear in your head or do you get some sort of kick raising peoples hopes you don't know then knocking them down again.You must lead a sad life if that's what gets you excited.