New South African majority owner of the #Scotgold/#SGZ mine, Acrux Sorting Technology says creditors will get paid (but shareholders f*cked, natch):
thenational.scot/news/25000080.…
$LGP SP has now dropped below $0.40 so shouldn't @ELIXXERltd $ELXR $LG.V #ELXR give the market an update on its investments? Or do they only update when the SP goes up? Presumably, it's Elixxer doing the dumping.
Another epic fail for GOAT pumper @DavidLenigas as @ELIXXERltd $ELXR $LG.V #ELXR dump Viridi stake for CAN $1m. #Lenigas paid $4m for it (including share of losses). More to come as Zalt continues to divest crap assets/Lenigas turds.
Funny quote from Zalt with $ELXR $LG.V 100-1 stock split looming tomorrow: "shares undervalued and I'm concerned about hostile bids for our steeply discounted assets". Stock hasn't risen above $0.02 for a whole year pal - the market valuation is real. Try explaining the discount.
$SGZ #SGZ FY results high on hype and low on performance metrics - and this outfit never delivers on the hype. Refinancing - or worse - surely coming in Q1 2022 but I can't see this grim report helping.
$ELXR $LG.V dump another 2.7m $LGP shares (holding now down to 10% from 44%) so either short of cash or bad news at LGP. Wonder why they still hold 1.3m in an HSBC nominee account in Australia?
cdn-api.markitdigital.com/apiman-gateway…
Gone: $SGZ #SGZ founding chairman, Nat Le Roux; CEO, Richard Gray; Group Operations Manager, Jason Saint (allegedly dumping his shares)… There's a message in those tea leaves as Scotgold moves on to lower grade ore, under-performing plant, zero profit, more cash calls…
However $SGZ #SGZ choose to spin it, Nat Le Roux stepping down as Chairman is a dark omen, signalling either the start of a gradual total withdrawal and/or an imminent major restructuring. The fun begins when the remaining stockpile of high grade ore has been processed.
$SGZ #SGZ downgraded 2021 gold production guidance to 7000-7900oz. With September’s record output of only 580oz AU from high grade ore and with Q4 focus switching to lower grades, they will come up maybe 50% short of target. With FY results due Nov, expect grim new guidance soon.
What's this $SGZ nonsense about quartz ore breaking the plant? Didn't the BPT process quartz ore? Is anyone surprised to be processing quartz ore? The excuses are piling up again - and they've only got one of the 4 high grade stopes left before reverting to ROM and lower grades.
$SGZ have a big funding event imminent or they would have reassured PIs about cash needs in the loan conversion RNS. That £2m was a mere drop in the ocean of their disastrous shortfall this year and they are still unprofitable. £5m+ needed somehow when they revise the plan.
Mazen Haddad steps down/is fired from $ELXR $LG.V leaving the new mafia in charge of The Titanic. Will they run it as a front, use it for money laundering or just grab what's left of the assets/cash as quickly as they can? #RIP
1K Followers 5K Following🎯 AIMing to win Small cap, big swing "It's better to be lucky than good" "You have to be good to be lucky" " It's now or never , I ain't gonna live forever"
530 Followers 2K FollowingInformative venture stock market reports in layman terms. NOT to be taken as recommendations to buy or sell securities. Strictly for informational purposes.
119 Followers 465 FollowingShareholders in New World Oil and Gas plc (now Eridge Capital Ltd)- Photo of Peter Sztyk, Bill Kelleher, Dr Alfahaid, Nicholas Bourg and Laurent Foucher
4 Followers 754 FollowingEnjoying life with my wife, concerned about our planet.Father,grandpa,musician.Canuck fan still playing hockey and tennis. Live in this moment!
266 Followers 558 FollowingHere to Learn & Follow Natures Gift as it Flourishes into our Modern World & Global Markets ViewsMyOwn 🌎#Science #Health #CBD #THC #Cannabis #Cannabinoids #Hemp
1K Followers 535 FollowingBeen trading and Investing in MJ stocks since 2014 . I've flipped everything from cars to homes in my life , now focused on Cannabis stocks and growing .rcash1
11K Followers 866 FollowingDiving deep for investors on the Canadian markets, focused on #tech #preciousmetals #mining + more.
Not a recommendation to buy or sell securities.
114 Followers 20 Followingfinancial freedom will never be achieved with one eye on the future but as a result of having both eyes and both ears on understanding + adapting 2 the present
119 Followers 465 FollowingShareholders in New World Oil and Gas plc (now Eridge Capital Ltd)- Photo of Peter Sztyk, Bill Kelleher, Dr Alfahaid, Nicholas Bourg and Laurent Foucher
9K Followers 853 FollowingInvestment Information For Millennials & Madmen | Newsletter - https://t.co/57PSdfw3bJ | Join Us On Discord https://t.co/PY734Ux5t4🐂
2K Followers 2K FollowingThe Howard Group is a boutique capital markets communications firm, which for more than three decades has partnered with a myriad of industry diverse companies.
20K Followers 1K FollowingActive trader/investor of 🇨🇦 markets. Seeking scalps, swings & baggers yet never married. Assume I have a vested interest behind all posts & all are only imo
284K Followers 1K FollowingStories that rock the world. We expose wrongdoing so the world can make it right. #CyprusConfidential #UberFiles #PandoraPapers #FinCENFiles #PanamaPapers
17K Followers 2K FollowingCannabis lawyer. @BrazeauSeller CannaLaw® leader.
Board member @snowsuitfund.
Tweets are my own views-not legal advice/endorsement. (she/her)
24K Followers 851 FollowingOpen Secrets holds the profiteers of economic crime, human rights abuses, and war to account. We go where it’s hard to disrupt networks of power.
11K Followers 866 FollowingDiving deep for investors on the Canadian markets, focused on #tech #preciousmetals #mining + more.
Not a recommendation to buy or sell securities.
4K Followers 2K FollowingAmerican/Canadian of Pakistani origin • Self-Directed Investor • LLB (Uni of London) • Juris Doctorate (Uni of New South Wales) • Lawyer
29K Followers 3K FollowingCultivating a responsible, high-quality media sector that defends human rights, fortifies democracy, and fosters a just and equitable society.
12K Followers 646 FollowingTᴏ ʀɪsᴇ ʟɪᴋᴇ ᴀ ᴘʜᴏᴇɴɪx, ᴍᴇᴀɴs ᴛᴏ ᴇᴍᴇʀɢᴇ ꜰʀᴏᴍ ᴀ ᴄᴀᴛᴀsᴛʀᴏᴘʜᴇ sᴛʀᴏɴɢᴇʀ, sᴍᴀʀᴛᴇʀ ᴀɴᴅ ᴍᴏʀᴇ ᴘᴏᴡᴇʀꜰᴜʟ...
(Comments here are my own, and not that of any company)
338 Followers 782 FollowingPerformance, Compliance & Organisational Development. Aviation and travel industry. Views are my own. RT does not mean approval.
2K Followers 437 FollowingThe Official Twitter Account of AFRICAN AVIATION.
A Leading Authority on the African Aviation Industry. #AfricanAviation #MROAfrica
289K Followers 175 FollowingThe official X account for Bloomberg in Africa. Follow us on WhatsApp: https://t.co/JmGmWlDFUi Get the Next Africa podcast: https://t.co/i1JBS5JBHs
11K Followers 4K FollowingUK Political News Editor, @FT. Before that, global autos.
Still plan to dine out on my live 80min interview with Elon from May '22: https://t.co/Gf41tAFq1K
51.8M Followers 3 FollowingBreaking news alerts and updates from the BBC. For news, features, analysis follow @BBCWorld (international) or @BBCNews (UK). Latest sport news @BBCSport.
81 Followers 221 FollowingPlumber by trade food nut by choice!! Love mountain biking and snowboarding.Determind to make a difference to others lives for the better.
No recent Favorites. New Favorites will appear here.