Scotgold Resources Share Discussion Threads

[steelwatch] 09/2/2023 21:35

Probably talking to myself here, but I've just emailed my broker to put in for a few on Monday to help make it all happen.

GLA

[steelwatch] 09/2/2023 18:32

Proposed Capital Raising to raise a minimum amount of US$2.0 million

[steelwatch] 09/2/2023 18:27

Scotgold Resources Limited ("Scotgold" or the "Company") (AIM: SGZ ) is pleased to announce a retail offer via BookBuild (the "Retail Offer") of ordinary shares of no par value each ("Ordinary Shares") in the capital of the Company (the "Retail Shares") up to the value of £500,000 (c.US$609,000) at an issue price of 40 pence per Retail Share (the "Issue Price").


In addition to the Retail Offer, the Company has also announced a placing of new Ordinary Shares (the "Placing Shares") through an accelerated bookbuild process (the "Placing") and subscriptions (the "Subscriptions") for new Ordinary Shares (the "Subscription Shares" and, together with the Placing Shares and Retail Shares, the "Capital Raising Shares") both at the Issue Price.


A separate announcement has been made regarding the Placing and its terms and sets out the reasons for the Placing and use of proceeds. The proceeds of the Retail Offer will be utilised in the same way as the proceeds of the Placing and Subscriptions. For the avoidance of doubt, the Retail Offer is not part of the Placing or Subscriptions.


The Retail Offer is conditional on the Capital Raising Shares being admitted to trading on the AIM market operated by the London Stock Exchange ("Admission"). Admission of the Capital Raising Shares is expected to take place at 8.00 a.m. on 17 February 2023. Completion of the Retail Offer is conditional, inter alia, upon the completion of the Placing but completion of the Placing is not conditional on the completion of the Retail Offer.


Expected Timetable in relation to the Retail Offer


Retail Offer opens 07:00 on 13 February 2023

Latest time and date for commitments under the Retail Offer 17:30 on 15 February 2023

Results of the Retail Offer announced 16 February 2023

Admission and dealings in new Ordinary Shares issued
pursuant to the Retail Offer commence 17 February 2023

[steelwatch] 07/2/2023 20:06

Scotgold presenting at Shares Mag event, Edinburgh, 9 Feb:

[steelwatch] 06/2/2023 11:03

Gold Price Live
Current Price £1,556.76 $1,872.66

[mick_oi] 31/1/2023 21:20

And the link to BBC breakfast TV from this morning(at 43:04 minutes)
Pretty much the same as the news the previous evening but the studio presenters were a bit more 'wow'

[babbler] 31/1/2023 14:15

You will own CURY soon with your constant buying there lol

[blackhorse23] 31/1/2023 13:18

Out with profit & reinvesting in CURY

[lurker5] 31/1/2023 10:26

It will prove to be an expensive spike. The FCA should look at this sort of careless news 'release'. It will take years and much cost to see any benefit.

[roddyb] 31/1/2023 09:23

SP has gone wild, I wonder how well that will go for those buying in at 70p and the like?

[johnyee 7] 31/1/2023 06:48

You lot have just been on BBC breakfast this morning, congratulations.

[steelwatch] 30/1/2023 23:06

From about 12 min 56

[barony] 30/1/2023 22:36

The story looked great on Reporting Scotland this evening. Great publicity.

[amt] 30/1/2023 09:16

Radio report that they are looking to open more mines.

[p5tvr] 30/1/2023 08:55

12 inches or the thing that's at the end of your leg!!.

[barony] 30/1/2023 08:34

What’s afoot?

[magnum opus] 20/1/2023 12:48

plus the interest payable on all the debt at 12% and more

[steelwatch] 19/1/2023 18:22

Gold Price Live
Current Price £1,552.62 $1,921.61

[steelwatch] 19/1/2023 18:17

No worries here petey. Av breakeven is 5.36p. Also cashed in a chunk @ £1.36 back along, so jog on sunshine.

[p5tvr] 19/1/2023 18:03

steelwatch what's the current gold price? :0)

[palfrey man] 19/1/2023 16:26

With 100 staff the wages, ENI, pension etc bill must be close to £5 million. That accounts for the first 6000 ounces. Then theres all the other expenses, taking what, 10000 ounces? Not a lot left after that.