myepic
25 Nov 2016
bodes well for jv/buyout [link]
BILLYBLOGS
23 Nov 2016
RNS Working Capital Update 5 more working days before the money runs out.Should get an update soon, hopefully a JV, we can always dream and have been doing this for years with this company.
myepic
11 Nov 2016
A little light Lets hope we hear more like this [link]
myepic
09 Nov 2016
a flickering light at teh end of the tunnel? Well although the Orange one does not fill me with confidence as a statesman.....[link]
myepic
01 Nov 2016
Re: stumps - or just wait for the rain t... Dressed !!! not dresses 
myepic
01 Nov 2016
Re: stumps - or just wait for the rain to stop? Well Dic , I am still invested , not hugely, bit over million and a half shares - the bulk I bought on a top when they were half what they are now so still in "maybe I'll only lose a sleeve off my shirt" territory 
, As I read it bulk of silver and Zinc gone in Paguanta deal , I guess where there is copper there may always be a little of both , allegedly still gold at Guamanga?? happy to be corrected on that one if anyone knows better I read this two ways - as a junior with Silver and Zinc they seemed more attractive but then as a junior with mostly copper they possibly have fair reason to not rush -- there is a fair amount of copper available around the world just now- , if they can keep their cash burn prudent enough for backers to drip feed them enough to stay in the game long enough for copper to turn upward well it may work out ok, obviously this is going to cause dilution for existing shareholders , if they can make make to the giddy heights of .08 or more I'll stay somewhere near acceptably dresses so ,lets see - these micro cap punts with a small percentage of a portfolio are called "mad money" for a reason
dicfromrugby
28 Oct 2016
Re: stumps do they still hold the copper silver prospect .i cut and ran long ago,so out of date
desertjoe
20 Oct 2016
Re: stumps Good luck, ajin. Let's hope The Hills are Alive with the Sound of Profit for you.
ajinbali777
20 Oct 2016
Re: stumps Well chaps I've had enough, so have pulled up stumps and headed to the hills with a miserly return on the original investment, before the bod spend whatever is left in the kitty. Good luck to all still sailing on this trip.
davysed
19 Oct 2016
stumps why not just pull the stumps up an bu**er off home HER,
ash6666
19 Oct 2016
RNS Funding Herencia Secures up to US$200,000 Funding SummaryHerencia is pleased to announce that today it has executed legally binding term sheets with two of its shareholders, the Australian Special Opportunity Fund ("Lind Partners" and Oriental Darius Co. Ltd ("Oriental" ) or the "Shareholders", to advance the Company up to US$200,000. The funds will be provided by the Shareholders and will be divided into two Tranches (Tranche 1 totalling $100,000 and Tranche 2 totalling $100,000). Funding - Tranche 1Tranche 1 funding totalling US$100,000 will be provided to the Company by the Shareholders by way of a secured convertible facility ("Tranche 1 Facility" with a Face Value of $120,000 ("Face Value", the agreed amount to be repaid by the Company over the term of the agreement. Tranche 1 will be drawn down on or before 19th October 2016. The Tranche 1 Facility will have a 0% interest rate per annum, a 24 month term and will be secured against the Company's assets. Subject to the Company receiving all necessary shareholders consents, it is also agreed that the Shareholders will be given the option to convert any outstanding Face Value amounts into ordinary shares in the Company at a price per Share equal to the lower of 0.02 pence or, in the event that the nominal value per Share is reduced in the future, 90% of the average of three daily VWAP's, chosen by the Investor, during the 20 trading days before the conversion ("Conversion Price".Upon funding the Tranche 1 Facility, the Company has agreed, subject to obtaining all necessary shareholder approvals and consents, to issue the Shareholders options to acquire shares equal to 100% coverage at the time of funding (the "Options". If granted the Options will be exercisable for 36 months with an exercise price equal to 0.04 pence. Funding - Tranche 2The Tranche 2 funds can only be advanced at the discretion of the Shareholders. Subject to receiving all necessary shareholder approvals and consents, it is agreed that the Shareholders will have the option to convert the Tranche 2 funds into ordinary shares, on the same terms as the Tranche 1 funds are converted. In addition, it is agreed that subject to receiving all necessary shareholder consents and approvals the Company will also issue the Shareholders options equal to 100% of the total value of the Tranche 2 face value, which is US$100,000 (the "Additional Options". If granted the Additional Options will be exercisable for 36 months with an exercise price exercise price equal to 0.04 pence.Further updates will be provided when the Tranche 2 monies are drawn down. The additional terms of the loan are set out below.Shareholder InterestIf Oriental was to convert all its convertible interests in the Company, including those interests set out in this announcement then, in addition to its current shareholding it will hold 6,773,426,573 Ordinary Shares in the Company representing 38.76% of the total issued share capital in the Company. In addition, if Lind Partners was to convert all its convertible interests in the Company, including those interests set out in this announcement, then in addition to its current shareholding it will hold 7,175,491,784 Ordinary Shares representing 41.06% of the total issued share capital of the Company.Working Capital UpdateThe Tranche 1 and Tranche 2 funds will be used to support the Company's working capital position. Following on from the RNS announcement of 16 September 2016 ("General Update", the new Facility will allow the Company to progress the Board restructure and Corporate Reinvigoration strategy as announced 1 September 2016 and to meet its short term working capital requirements until approximately end of November 2016. There can be no guarantee that the Company will be able to continue trading after this date. The Company is continuing to explore other funding options including working closely with a number of its major shareholders.Related Party ApprovalAs
davysed
30 Sep 2016
??? Have you two been drinking , if so, the glass is half ,if not near empty, !!!!!!
vekta
30 Sep 2016
Re: there could be hope GP1 - I salute your optimism!CheersVekta
goldpig1
30 Sep 2016
there could be hope so, i just sold out of Solg with a small profit having for year written them off as worse than this lot. now dont get me wrong im not saying that this lot can pull off the same trick ( hitting 20p) but there is hope and miricles do happen (maybe) just thought id offer some hope GP1
desertjoe
29 Sep 2016
Re: rns half yearly bullocks (or something rather similar!)
