Pembridge Resources Share Discussion Threads

[soulsauce] 16/12/2019 08:14

Well no immediate selling which suggests due to being so far underwater most have decided to see where it goes and give Gati a chance.
Not much buying either but may be some brokers are a little slow to get their house in order.

[encarter] 16/12/2019 08:04

Just need a bit of good news now.

[the deacon] 16/12/2019 07:48

£8m mcap will prove to be an absolute bargain. Will probably see some churn in the short term, but this will do very very well

[uknighted] 15/12/2019 20:50

It’s been a long wait, will it have been worthwhile?

[tunafish1] 15/12/2019 19:31

What should this be valued at?
8mill mcap seems low.

[soulsauce] 15/12/2019 19:04

Good luck all for tomorrow. Never thought the day would come.

[maverick247] 15/12/2019 18:36

Relist tomo £8m cap $45m rev pa before ramp upEasy easy money Hold share already and will be addin

[uknighted] 15/12/2019 15:02

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").

[uknighted] 15/12/2019 14:50

Yes received that message from ii, all in accordance with RNS issued by Pembridge previously.

[ged5] 15/12/2019 12:35

For those with ii accounts you will have received a message, of which this is a part, on Friday. Has anyone with other brokers received the same?

CORPORATE ACTION NOTICE
Important information about your stock 13 December 2019
A corporate action is taking place in relation to PEMBRIDGE RESOURCE (stock code B3ZW6Z8), which you currently hold in your portfolio.

What is happening?

ConsolidationRatio: 1-for-10 Ex-entitlement Date: 16th December 2019 Pembridge Resources plc has announced a 1-for-10 Consolidation, whereby holders will be issued with 1 new share in exchange for every 10 shares held.

New shares will be issued to entitled shareholders upon receipt of the stock from the company.

This may take up to 10 working days from the official pay date of 16th December 2019.

Your account will be updated upon receipt of the proceeds but in some circumstances there may be delays in the proceeds being credited to us. Please allow 10 working days for your account to be updated.

[escapetohome] 12/12/2019 20:37

Not a chance im selling . Ive been mugged , but there are positives.

Producing mine with buyer.

Cashflow.

Discovery potential.

Gold.

[mostro] 12/12/2019 19:44

So here we go! Off to the races!
Line up on Monday morning to see if you are going to strike it rich or lose your shirt..
I am not selling and neither am I expecting fireworks in the next year or two..
sitting on 58% loss from first purchase and will try and recoup some, unlikely to get all back but hey ho!

GLA

[soulsauce] 11/12/2019 13:14

Well at least we will be back trading with £8.6m mkt cap.

Time will tell if Gati can improve on the 12.5p.

[ged5] 11/12/2019 13:00

Thanks Nick for alerting us.

"The Placing enables the Company, together with its partners, to move forward and develop the Minto mine, which has been back in production for over two months and is receiving cash payments for the concentrate it has produced. I wish to thank our Shareholders for their patience, who have endured a long period of suspension from trading and uncertainty. We now look forward to building value through delivering on our business plan and we will keep the market updated as we progress."

[nick rubens] 11/12/2019 12:33

Trading to be restored Monday 16th Dec. Raised £2.5m with 'certain' institutional investors at 12.5p.

Now a miner extracting and selling.

[soulsauce] 04/12/2019 14:52

I will be long gone, this company has shafted shareholders since day one.

They showed Paul Johnson the door and turned out to have even less of a clue.

[ged5] 04/12/2019 13:53

None of us can claim to be a short term holder, Soulsauce. By total success I meant completion. We'd all have liked 50p placing price or more but they seem to have had difficulty finding placees. With recent announcements it should be getting easier.

With the change to EVs and the necessary infrastructure for recharging, then Copper is going to be in big demand. I'm waiting for the day when you're happy with this company. :-))

[nick rubens] 04/12/2019 12:50

Would be nice if the placing brings in a bigger mining corporation as an investor.

Well, I've had much worse investments than this (assuming we'll get a decent mkt cap on relisting that is and a company that sounds like it's going to be very profitable?).

[soulsauce] 04/12/2019 09:25

Quite encarter, would be useful to know also if that ore was produced at a profit.

[ged5] 04/12/2019 09:25

Cynicism or just good business tactics. Get as much good news out there to ensure the placing is a total success. After all the most important event now is the relisting and that won't happen until the placing is complete.

[encarter] 04/12/2019 09:11

Good boost to the share price if we had one.

[encarter] 29/11/2019 16:27

Plenty of gold in the area so I'm hoping for a big discovery and a 100p share price

[soulsauce] 25/11/2019 11:41

Hope you are right Nick.