ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

PERE Pembridge Resources Plc

0.225
0.00 (0.00%)
30 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pembridge Resources Plc LSE:PERE London Ordinary Share GB00BG107324 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.225 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.225 GBX

Pembridge Resources (PERE) Latest News

Pembridge Resources (PERE) Discussions and Chat

Pembridge Resources Forums and Chat

Date Time Title Posts
28/10/202318:28Pembridge Resources1,741
09/12/202120:10Pembridge Resources ....Minto IPO soon92
26/4/202117:36PEMBRIDGE RESOURCES RAMPERS CLUB1

Add a New Thread

Pembridge Resources (PERE) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Pembridge Resources (PERE) Top Chat Posts

Top Posts
Posted at 18/5/2023 13:45 by farrugia
someone on linkedin:

Last Friday was the hardest day of my career to date. Myself along with 200 colleagues were informed our mine was being put into care and maintenance and that as of 4pm we were unemployed. I can’t say I’m completely surprised as there were many challenges leading to to this, but I was disappointed, frustrated and sad. The Minto family was like no other and despite the many challenges thrown our way, we persevered until now.

My heart breaks for everyone affected and although I know good things will come of this, I do not wish this feeling on anyone.

As I spent the weekend processing the 200 terminations and coordinating everyone’s travel offsite, I couldn’t help but reflect on a few things I learned over my journey at Minto.

1. Mining isn’t for the faint of heart - Our CEO Chris Stewart said this regularly. When we win, we win big. But the failures and struggles, those are big also.

2. The crew at Minto was truly family - as cliche as it is, but everyone put their heart and soul into this company. And as everyone scrambled to share their contact info, you just knew we weren’t ready to say goodbye.

3. No job is worth sacrificing your family time or health - I don’t even want to begin to think of how many extra hours, evenings and weekends I committed to this company over the last couple years. And although I can’t say I would do it any different as I’m loyal to a fault, I can confidently say it wasn’t worth it.

I am embracing the unknown of what the future holds and am confident it will all work out in the end.

I wish all my Minto family the best. Your hard work, dedication and commitment did not go unnoticed. Although this is goodbye for now, I truly hope our paths cross again one day!

And for those of my connections in the mining industry, there are a lot of great employees out of work! I will continue to share opportunities with each of them as I see them come up so please pass them my way! #opportunities #career #future #openforwork


Someone else:

The board of directors for Minto Metals, a mining company, has resigned following the company's decision to withdraw from the Yukon copper mine project. This move comes as the company decided to halt operations and put the Minto Mine on care and maintenance indefinitely. The resignations of the board members raise questions about the reasons behind their departure and potential disagreements regarding the mine closure. The closure of the Minto Mine is expected to have an impact on jobs and the local economy, as the mine employed around 200 workers and had significant economic contributions to the region.

More info:
Posted at 17/5/2023 14:39 by mrmark1
Squeeze! Gati holds 22% and £5m in the company, PERE owed $2m and Minto can raise finance with Copper rising, plus new discoveries made not so long ago
Posted at 16/5/2023 17:15 by pwhite73
PERE will have a legal claim against the Yukon government. It does seem to me they're using the cost of environmental issues to force Minto off the mine.
Posted at 16/5/2023 16:01 by tomboyb
Pwhite -

Completely agree on the copper statement -

Next few years will be all about Energy / Green energy and commodities -

To me however, looks like the end is here for PERE -
Posted at 16/5/2023 15:48 by tomboyb
PERE looks completely finished -
Posted at 15/5/2023 12:50 by bozzy_s
3 minutes of research would've stopped most people investing in PERE. Find Minto's TSX-V quote, and click the last production update for Q1 2023 -

"Under the Wheaton Precious Metals agreement, the Company receives 65% of the adjusted Gold price up to a maximum of US$1,250 for 2 years and then 50% up to a maximum of US$1,000 thereafter. (12 Months remaining on initial term) Silver receipts are at the lesser of the prevailing market price and US $4.35/oz with 1% annual escalator."

That single paragraph should've been a huuuuuuuuuuge red flag.

Sorry for anyone who lost badly here.
Posted at 15/5/2023 09:21 by farrugia
that's my thoughts too dave - good news moves a stock 5% to 10% if you're lucky. Bad news annihalates it. Not that PERE has helped itself with threats of delisting and this statement

'As a result of this material uncertainty to the Company, the Board has no option but to carefully assess the financial viability of the Company, consider delisting from the London Stock Exchange as well as obtaining appropriate professional advice on the restructuring and insolvency options available. The Board will consider every feasible option available to ensure that any losses are minimised for all creditors and other stakeholders of the Company.'

No mention of shareholders!
Posted at 30/11/2022 11:45 by bean02
WHITEHORSE, YT, Nov. 30, 2022 /CNW/ - Minto Metals Corp. ("Minto" or the "Company") (TSXV: MNTO) today announced Lion Point Capital, LP ("Lion Point" or the "Significant Shareholder") has established a $100,000 automatic securities purchase plan ("ASPP") with a registered broker to purchase shares of Minto in the open market through the facilities of the TSX Venture Exchange ("TSXV") or other Canadian marketplaces at a maximum purchase price of $2.00 per share. The ASPP will be effective for a period of 12-months commencing on or about November 30, 2022 and ending on the earlier of on or about November 30, 2023, and the date on which a maximum of 100,000 shares of Minto have been purchased under the ASPP.
Posted at 29/8/2022 16:23 by mjneish
Could someone explain what's the attraction of investing in Pembridge as opposed to Minto Metals directly? Could it be that the potential upside in the share price is greater? Thanks.
Posted at 24/6/2020 10:42 by tim000
The Streaming Agreement with Wheaton limits the upside to higher gold revenues associated with the higher pog. Even so, the PERE share price shows a remarkable lack of response to the recovery in copper prices recently. PERE looks far too cheap.
Pembridge Resources share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock