delist? Possibly plan to take the Company private and buyout PIs ?
Re: suspension ...? mmm?? Is the glass half full or half empty, we will know soon enough.
suspension ...? mmm?? mmmmm..? I am guessing either very good or very bad - any other guesses welcome!
suspension ...? mmm?? mmmmm..? I am guessing either very good or very bad - any other gueses welcome!
Re: Temporary Suspension - Rns Herencia Resources plc("the Company"Temporary Suspension of Trading In accordance with the AIM Rules, the Directors have requested a temporary suspension of trading in the Company's shares pending notification of the Interim Accounts. Trading will be temporarily suspended from today until such time as the results are published in accordance with AIM Rule 18.It is anticipated that the Interim Results of the Company will be released on or around 11th October 2017. For further information please contacteter Reeve, Herencia Resources plc+61 3 9516 6500Jeff Williams, Herencia Resources plc+61 3 9516 6500
Temporary Suspension - Rns [link] reportsAIM Rule18. An AIM company must prepare a half-yearly report in respect of the six month period fromthe end of the financial period for which financial information has been disclosed in itsadmission document and at least every subsequent six months thereafter (apart from thefinal period of six months preceding its accounting reference date for its annual auditedaccounts). All such reports must be notified without delay and in any event not later thanthree months after the end of the relevant period.The information contained in a half-yearly report must include at least a balance sheet, anincome statement, a cash flow statement and must contain comparative figures for thecorresponding period in the preceding financial year. Additionally the half-yearly reportmust be presented and prepared in a form consistent with that which will be adopted in theAIM companys annual accounts having regard to the accounting standards applicable tosuch annual accounts.
Appt - John Holliday geology advisor Review Completed by Experienced International Geologist John Holliday[link] Resources plc (AIM: HER) is pleased to announce that a new comprehensive geological review of the company's core copper mineral prospects has been completed as a precursor to a broad drilling program on the prospects.The review was conducted by Mr John Holliday who was involved in the discovery of the Cadia Mineral field in Australia which now ranks as one of the world's largest copper gold deposits. John has worked extensively on copper geology throughout the world and will be retained by Herencia as its Geological Advisor. The review covered all previous drilling and exploration work and was conducted on the Picachos, Montenegro and the largely unexplored Pastizal property.The review has concluded that significant upside exists for the discovery of further copper mineralisation if any future drilling focuses on the 'main mineralised manto . a cherty limestone at the base of a sedimentary sequence above a volcanic breccia'.Commenting on the review Mr Reeve said, "Herencia Resources is very fortunate to have attracted a geologist of the calibre of John Holliday to review the company's prospects and assess the significant geological potential of its copper assets. The reviews conclusion that a significant speculative exploration target of undiscovered copper mineralisation exists is pleasing and underlines the company's determination to exploit these projects at a time of rising copper prices".The company is now planning the scope of its exploration program which will commence shortly. The full release with images of the Picachos tenement locations and Picachos tenements near existing treatment plants can be found on the Company's website. [link]
RNS Herencia Completes New Geological Review of its Main Copper Properties in ChileReview Completed by Experienced International Geologist John HollidayHerencia Resources plc (AIM: HER) is pleased to announce that a new comprehensive geological review of the company's core copper mineral prospects has been completed as a precursor to a broad drilling program on the prospects.The review was conducted by Mr John Holliday who was involved in the discovery of the Cadia Mineral field in Australia which now ranks as one of the world's largest copper gold deposits. John has worked extensively on copper geology throughout the world and will be retained by Herencia as its Geological Advisor. The review covered all previous drilling and exploration work and was conducted on the Picachos, Montenegro and the largely unexplored Pastizal property.The review has concluded that significant upside exists for the discovery of further copper mineralisation if any future drilling focuses on the 'main mineralised manto . a cherty limestone at the base of a sedimentary sequence above a volcanic breccia'. Commenting on the review Mr Reeve said, "Herencia Resources is very fortunate to have attracted a geologist of the calibre of John Holliday to review the company's prospects and assess the significant geological potential of its copper assets. The reviews conclusion that a significant speculative exploration target of undiscovered copper mineralisation exists is pleasing and underlines the company's determination to exploit these projects at a time of rising copper prices".The company is now planning the scope of its exploration program which will commence shortly. The full release with images of the Picachos tenement locations and Picachos tenements near existing treatment plants can be found on the Company's website.
copper up.... From recent IC articleThe chart for high grade copper futures, traded on COMEX (part of the US CME group) and priced as US dollars per pound (weight) for a 25,000 pound contract, is similar but different. Blasting through long-term resistance last week, it too has formed a series of steps since early 2016. But at $2.88 per pound its still relatively cheap in the long-term scheme of things. We expect a rally to $3.30 over the next six months or so, then on up to $3.75.
RNS - concert party BILLY...could well be........but no word on drilling scene, so something's up. If the sp soars Monday maybe peeps in the know...getting the 'nod'...?Stock Market definition.....'concert party' Popular TermsOstensibly unconnected investors working in concert to make discreet purchase of a firm's shares. Each investor buys just enough shares to remain below the statutory level above which he or she must declare his or her interest. Their usual objective is to jointly accumulate enough number of voting shares to (1) manipulate share prices, (2) influence a firm's management, or (3) initiate a takeover bid. **[link]
Re: RNS Take over Panel and Lind being the Concert Party, does this mean a takeover of Herencia???
RNS Herencia (AIM: HER) announces that The Australian Special Opportunity Fund, LP, managed by The Lind Partners, LLC, ("Lind" exercised its right to convert $120,000 of convertible loan notes into shares at an exercise price of £0.0001 ("Conversion". Pursuant to the Conversion, 931,178,173 ordinary shares of 0.01p each ("New Ordinary Shares" have been issued and are to be admitted to trading on AIM.Application has been made for the new Ordinary Shares to be admitted to trading on AIM (the "Admission", and dealings in the new Ordinary Shares are expected to commence on or around 9 August 2017.Following the issue of the New Ordinary Shares as a result of the Conversion the total number of Ordinary Shares in issue is 9,031,001,360. There are no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company is 9,031,001,360. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest under the Disclosure and Transparency Rules.Concert Party UpdateFollowing the date of admission of the New Ordinary Shares Lind have confirmed they hold 1,851,881,731 Ordinary Shares representing 20.51% of the issued share capital of the Company.In addition, the Company has agreed with the Takeover Panel that Lind is acting in concert with the following individuals/entities, who were introduced by Lind at the previous placing on 27 April 2017. 1. Mr. John Hancock (0.25%)2. Mr Martin Rogers (0.62%)3. Abundance Partners LP (1.43%) (together, with Lind, the "Concert Party"The Concert Party now have a total in interest in 205,894,2842Ordinary Shares, representing 22.80%% of the issued share capital of the Company. In addition, as set out on 19 October 2016, if Lind Partners was to convert all its convertible interests in the Company, including those interests set out in this announcement, then its total holding would be 3,920,559,731Ordinary Shares representing 43.41% of the total issued share capital of the Company and, with the Concert Party 45.57% of the issued share capital of the Company.
copper up.... Well they've stayed alive long enough for the copper price to come back - what happens next?...[link]
Re: Any one know why the sudden spike...?.. hi d3t,do you know if her still hold the licence for the zinc prospect
Any one know why the sudden spike...?.. No news yet lots of early buys. If an Rns news leak, then a lot of pi's know something?Sp hit 0.47p at one point , then gradually fell back. Possible huge grades update, bonanza strike, funding with a JV...who knows. Or t/o offer for one or all of our assets ?RNS in the morning...guessing?