Pembridge Resources Share Discussion Threads

[bean02] 18/10/2021 14:44

250k delayed buy ;)

[bean02] 18/10/2021 11:36

May just manage some upward movement. Sustained buying pressure

[uknighted] 24/9/2021 09:07

RNS Half Year Results

Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board of Pembridge said:

"These interim financial statements set out the position of our Company at a time of slow recovery from the Covid 19 pandemic. Although in recovery, the economy and Minto's operations are still affected by the Covid 19 pandemic impact. This has resulted in additional costs being incurred in relation to protecting the Minto staff and ensuring that we comply with all Government regulations implemented to combat the pandemic. The recovery in the copper price has supported the Minto operations, which generated free cash flow from operations of USD$7,815,000. The preparation of the NI 43-101 Preliminary Economic Assessment Technical Report ("Technical Report") clearly showed the long term potential of the Minto mine. The issuance of the Technical Report and the current market conditions have provided the opportunity to list Minto on the TSX Venture Exchange as well as raise CAD 30.5 million. This capital raise has provided a solid foundation for Minto's continued growth by ensuring that Minto has sufficient working capital to meet all its financial obligations as well as fund an exploration programme that we believe will significantly increase the Minto resource base. Although we will no longer be controlling Minto and thus will not be consolidating Minto's financial results into our Company's, as a result of the convertible loan raised this year we have been able to maintain our interest in Minto at 11.1%. I look forward to realising further gains on our investment as the market recognises the true value of Minto and this being reflected in the market valuation of our Company."

[dave4545] 23/9/2021 09:12

Before the update I could understand people getting jittery and selling as I sold a lot too.

But now they have confirmed all is on track why on earth are people selling at 6p when the company is telling you their stake is worth 13.3p

Even taking out the loans/convertables it's a clear as day 50%+ on the table.

[dave4545] 22/9/2021 09:12

5765 pays 6.445p sells for 6.1p

People can even hold £350's worth of stock a hour now in this game

[dave4545] 22/9/2021 08:47

This is like chasing your dream girl for years and when you finally win her over you shoot your load after 5 seconds !

deflating

:-))

[dave4545] 22/9/2021 08:15

If you ever wanted a example of how crazy this market is now or impatient then this stock today is that.

13.3p valuation and people are all selling out at 6.3p, now if it spiked to 8-9p I could understand it perhaps but 6.3p bloody hell

[uknighted] 22/9/2021 08:12

RNS

Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board of Pembridge said:

"This capital raise by Minto Metals, resulting in investment by new and existing shareholders at a pre-money valuation of CAD$ 156.6 million, confirms the true value of our investment in Minto. This additional capital will enable Minto Metals to further increase production, to benefit from the resulting economies of scale as well as the current strong price of copper and to extend its life of mine with further exploration. The capital raise and listing of Minto Metals provides a transparent third party valuation of our investment. I trust that the market will now recognise the value of Pembridge's investment and reflect this in the Company's market valuation. We are proud to have been involved in re-starting the mine and pleased that it is now able to move into a new phase of development with the upcoming listing and new capital and look forward to seeing the value of our investment increase as Minto Metals delivers on its long term objectives. With the expected cash inflows from Minto Metals and higher valuation of our company, I believe that we will be ready to execute on the fourth stage of Pembridge development, which I outlined in 2019 when I took over the leadership of the company. This stage is the identification of new projects to invest in and grow our business."

[bean02] 22/9/2021 08:06

Wow! I had some doubts with every recent buy but now .. :-D

[someuwin] 22/9/2021 08:02

Great result. I thought they might get diluted too much but looks like they've pulled it off.

[dave4545] 22/9/2021 07:26

13.3p share float valuation.

lovely jubbly.

I really thought by the lack of action and buying this had all fallen through, it just shows you that just because a share is drifting and lack of buying does not always mean it's bad news.

5.5p to 13.3p that's 150% difference so should be a good day

[dave4545] 25/8/2021 17:44

Big old trade there early 1.4 mil at 5.475p. I wonder if this is the reason why the offer price has been going down a lot on no trades to work that sale ??

Assuming it is a sale, could be a cross trade.

[1waving] 25/8/2021 11:36

Interesting position.
What percentage of the New Minto company will Pembridge own ?
and what will current Pembridge shareholders actually own / how will the RTO affect current Pembridge shareholders overall ?

[farrugia] 24/8/2021 14:11

i'm still here and holding. i think its just a case of waiting.

[dave4545] 20/8/2021 10:34

Honestly do not know what is going on here

Down to 5.8p offer online

Silence from the company, everybody on the forums seems to have sold out too except me

[dave4545] 18/8/2021 15:55

Some really distressed selling today.

Unless it's insider who sells for 6p when they have a stake worth double the price perhaps 150% more in Minto ?

[trader465] 18/8/2021 12:46

Dave - Tops and the crew are dumping this ole dog, it’s all over Twitter, dropping like a stone today, 2p soon?

[dave4545] 18/8/2021 10:29

Somebody with size wanted out today 450k sold in 4 lots in 1 min 100% the same person.

[dave4545] 17/8/2021 10:51

So minto floating for $200 million

Pere stake worth around 13-15p

People selling for 6.5p

[dave4545] 16/8/2021 12:43

3rd quarter so not long to wait now.

Will be a update this month so anytime from now to 2 weeks time.

Worth the wait.

[farrugia] 16/8/2021 12:13

when is the minto listing coming??

[dave4545] 10/8/2021 15:35

Pushing on nicely this afternoon

[dave4545] 08/8/2021 22:30

Fingers crossed for a Minto update this week, it's going to happen soon anyway but a conformation Rns this week would still be nice

[dave4545] 06/8/2021 08:39

Strongest prices for a while after yesterday's nibbles

Online is now 7-7.275p