Stranger Share Discussion Threads

[bscuit] 02/10/2023 09:40

Perhaps perceived the possibility of a recovery of something rather than nothing as in a liquidation is sufficient?

[1savvyinvestor] 02/10/2023 09:03

Not sure but thing placing price of 1.25

[cossie] 02/10/2023 09:00

At last! But can anyone figure out what existing Stranger Holders will get in the new company?

[bscuit] 29/9/2023 07:54

7ref 103 — w within the statutory period after the new reporting date, but sooner rather than later I think.

[packman8] 25/9/2023 11:08

All resolutions passed at AGM. When do we expect the corporate action to start?

[bscuit] 07/9/2023 19:37

Suggests positive progress by then.

[cossie] 07/9/2023 18:44

TIDMSTHP

RNS Number : 7804L

Stranger Holdings PLC

07 September 2023

Stranger Holdings Plc

('Stranger' or the 'Company')

Extended Reporting Period

Stranger Holdings Plc (LSE: STHP) announces that it has extended its reporting period from 31 March 2023 by six months to 30 September 2023.

[packman8] 24/8/2023 07:58

AGM on 22/9/23.When was the final results released?

[bscuit] 24/6/2023 17:30

Presumably PIs will expect director participation in the £1.5M placing as further support as non-participation would send the wrong message. No sign of it being extended to PIs by Open Offer.
Fingers crossed.

[1savvyinvestor] 23/6/2023 13:59

Any price would be better than money locked away!!

[bigboots] 23/6/2023 06:35

The burning question is what price is the placing done at ?

What discount for long suffering holders ?

[bscuit] 22/6/2023 22:46

Perhaps without them this RTO would not be happening? Fortuitous this was a main market company.

[packman8] 22/6/2023 22:27

Funding delivered,prospectus being worked on, and admission of shares early 3rd qtr.
Only problem is Longley/Tatnell hanging around, with a record of failed RTO’s from the past. What chance of recovering any money from their past efforts?

[1savvyinvestor] 05/4/2023 16:32

I barely care as long as we can trade!! Been too long !

[bscuit] 22/3/2023 10:50

Been a long time. But need to see prospectus.

[cossie] 22/3/2023 08:03

hxxps://neoenergymetals.com/assets/files/NeoEnergyMetals.pdf

[cossie] 22/3/2023 07:56

hxxps://neoenergymetals.com/

[cossie] 22/3/2023 07:45

RNS Number : 7564T

Stranger Holdings PLC

22 March 2023

22 March 2023

STRANGER HOLDINGS PLC

("Stranger" or the "Company")

Corporate Update

Stranger Holdings plc (LSE:STHP) is pleased to provide an update on corporate activities as it advances the reverse-take-over ('RTO') of the Company by Mayflower Energy Metals Ltd ('MEML') and its acquisition of the Henkries Uranium Project ('Henkries' or 'the Project') in South Africa.

The MEML RTO transaction continues to progress, with the Prospectus relating to the transaction expected to be approved by the FCA in April and re-admission to the London Stock Exchange likely to take place in late Q2 2023 under the Company's new name, Neo Energy Metals (ticker: NEO). Accordingly, the Prospectus will be published ahead of a General Meeting to approve the RTO transaction; a General Meeting circular is currently being prepared for shareholders.

At re-admission, Jason Brewer will be appointed as Executive Chairman to spearhead the growth of the Company. Jason is a senior mining executive with over 25 years' experience in international mining, financial markets, and investment banking and with a particular focus on developing mining projects in Africa. His current directorships include CEO of Marula Mining PLC, an African focused battery metals investment and exploration company with interests in several high value mine projects in Africa.

In line with the positive outlook for uranium driven by the ongoing energy crisis and the urgent need to reach NetZero by 2050, the Company remains confident in its new strategy to focus on investing in uranium exploration and development projects. The Company is therefore pleased to have secured its interest in Henkries, where work continues on optimising the Project's planned development path, and where following re-admission, the Company aims to quickly complete additional metallurgical testwork and development focused shallow drilling programme to support an accelerated development timetable for production. Furthermore, several other advanced uranium acquisition targets have been identified to support the Company's expansion strategy.

Stranger Chairman and CFO, James Longley, said: "We are delighted with the progress being made toward completing the RTO and look forward to advancing the initial project, Henkries, towards production. This is particularly exciting given the clear potential for growth in nuclear power and uranium exploration and mining as highlighted by the IEA, which suggested that nuclear power production will have to increase 80% by 2040 to reach global decarbonisation targets."

[packman8] 29/12/2022 22:13

Interim results out today. Still no confirmed dates for coming to market

[bscuit] 28/7/2022 08:42

An update on the recovery of loans for the aborted RTOs should be provided. The costs were material.

[packman8] 28/7/2022 07:52

Hopefully at the end of the road. Only another 3 months to wait!!

[cossie] 26/7/2022 15:24

26/07/2022 7:00am
UK Regulatory (RNS & others)

Stranger (LSE:STHP)
Intraday Stock Chart

Tuesday 26 July 2022

RNS Number : 6632T

Stranger Holdings PLC

26 July 2022

26 July 2022

STRANGER HOLDINGS PLC

("Stranger" or the "Company")

Corporate Update

Stranger Holdings plc is pleased to provide an update on corporate activities including progress made towards completing the reverse-take-over ('RTO') of the Company by Mayflower Energy Metals Ltd ('MEML') and its acquisition of the Henkries Uranium Project ('Henkries' or 'the Project') in South Africa.

On 31 October 2017, the Company entered into a GBP20,000,000 loan facility 2017-F2 GPP Notes ISIN GB00BFF0MWT35 7.75% (due 2022) (the 'loan') with Dover Harcourt Plc ('Dover') and drew down on this facility to support ongoing transactions detailed in its annual reports. As at July 2022, the outstanding balance of the loan is circa GBP2,000,000. Following an extraordinary meeting held on 22 July 2022 to address the foregoing outstanding current debt position, the Dover noteholders have agreed to convert their entire outstanding debt, interest and fees owed to them into an equity stake in the Company at 15p in GBP following its re-admission to the London Stock Exchange and contemporaneous RTO of the Company by MEML.

The MEML transaction is now well advanced and the majority of the key reports required for the Prospectus have been completed (legal, technical, and financial etc.). Furthermore, MEML and the other shareholders of Henkries have finalised the exploration and development programmes to be implemented over the next 12-24 months to advance the Project to production.

Accordingly, it is anticipated that the Prospectus will be submitted to the FCA for initial review shortly and that the RTO and associated equity raising to recapitalise the Company will be completed around October 2022 ahead of the resumption of trading on the London Stock Exchange's Main Market for listed securities.

The Company is encouraged by the progress made to date and notes the buoyancy in the uranium market at this time and the pro nuclear sentiment prevalent in the global economy that is fuelling the de-carbonisation of energy supply. Market experts are in consensus that uranium is in the initial stages of its next supercycle, on the back of which they are forecasting a significant and prolonged uranium price increase for the coming years.

* * ENDS * *

[bscuit] 06/8/2021 22:48

Good thing this was a full list company or it’d be history, but a lot of silence.