Pembridge Resources Share Discussion Threads

[mike_f] 04/5/2017 07:33

I personally don't see why it will have any affect? The final date has just got nearer which is good as we won't have to wait long for news, the company conducted a fundraising meal last night and I personally expect an RNS over the next few days to say what they've raised. All good from my viewpoint.

[uknighted] 04/5/2017 07:20

Yes, especially as it was issued after the market closed.

[uknighted] 03/5/2017 18:26

That's how it reads.

[vivgav] 03/5/2017 17:27

13th June ?

[uknighted] 03/5/2017 17:25

And confirming the correct date by which Aim rule 8 or 15 has to be complied with.

[mike_f] 03/5/2017 17:19

Just confirming this evenings Ruby Murray...

[vivgav] 03/5/2017 17:09

RNS just out

[soulsauce] 03/5/2017 17:01

Nicely Mostro

[mostro] 03/5/2017 16:59

Sold a few other odds and sods to pick up some more here at .032
I think the curry will loosen cheque books as well as bowels! Wish I was there.

[soulsauce] 03/5/2017 13:55

At last we got a tick up Mike, hopefully the curry meeting tonight might put some wind in it's sails ;-)

[mike_f] 03/5/2017 13:55

Blue :) Bring on the meal tonight!

[mike_f] 03/5/2017 13:11

128k buy. So tempted to buy some more myself but don't want to sell anything else currently...

[soulsauce] 02/5/2017 20:28

Seems so giving a slight tick up on the lse chart.

Just the start imo.

[vivgav] 02/5/2017 20:14

Is that a 500k buy?

[vivgav] 02/5/2017 12:08

Thought last para was VERY interesting indeed!

[soulsauce] 02/5/2017 10:27

It certainly would Mike.

I get a feeling they will not want too many shares swilling about, I reckon the new BoD will take part in the funding and I think they will want upwards of £20m.

If the chosen assets and business plan are compelling enough, I see a decent premium.

[mike_f] 02/5/2017 10:24

Morning soul, I certainly hope you're right. I've seen a few companies over the years like Pembridge at this stage raise a good amount of money at a very handsome premium so hopefully we will be one of those but any premium over the current share price will be a huge sentiment boost.

[soulsauce] 02/5/2017 10:14

I think a decent premium Mike but I could be wrong, just depends how compelling their business plan is.

[mike_f] 02/5/2017 10:07

Just have a feeling that any fund raising could be at a little premium here. I think they are going to get a lot of interested parties willing to take a slice. Either way, will be great to have cash in the bank, secure the listing and then start acquiring some very tasty near term producing assets. We'll soon see.

[mike_f] 02/5/2017 10:02

Sounds very good! Looking forward to seeing more on this very soon. GLA

[uknighted] 02/5/2017 07:46

This is what was posted:
Pembridge Resources, the AIM-listed company formerly known as China Africa Resources, is expected to launch its fundraising roadshaw tomorrow.

And little old Betaville understands David Linsley, the company's newish chief executive, has introduced a rather novel format for the roadshow.

On Wednesday evening 25 select investors have been invited to the Mint Leaf curry house - hxxp://www.mintleaflondon.com - in the Haymarket, Central London where they will spread out between 5 tables. As the punters eat, Linsley and his recently acquired team of mining seniors will join each table for 20 minutes to pitch the business plan and answer questions.

Linsley, one of the founders of Cross Asset Management, has told Pembridge's broking advisors that "speed-dating" investors will be far more efficient than traditional road show presentations comprising a slide show in front of a large audience.

The minimum needed to change the company's status to an investment company under Rule 8 is £6m but it's understood Pembridge has not set any upper limit on this equity fundraising.

Sources said this could well be the only chance for investors to participate in a Pembridge Resources fundraising as after this transaction is completed Linsley doesn't plan to ever return to the equity market. Instead, he plans to grow using other financing techniques.

..

Tags: Pembridge Resources, China Africa Resources, David Linsley, Cross Asset Management
- See more at: hxxps://www.betaville.co.uk/news/pembridge-resources-poised-to-kick-off-fundraising/#sthash.rg0TgxgK.dpuf

[soulsauce] 02/5/2017 07:44

Indeed very interesting. Hopefully they are going to tempt them with some very juicy assets.

[vivgav] 02/5/2017 07:31

Interesting comments on LSE bb

[vivgav] 27/4/2017 11:56

Patience is the key here.