dickie3times
06 Jun 2017
AGM.........Q's Q's Is it possible we'll get news of another round of funding BEFORE the AGM?IMO.....progress on restructuring and financing going forwards will be the main issues at the AGM. Surely, it's either THAT or they will be admitting that the viability of HER is untenable? AND....if that were the case, why go to the expense of hiring a hall and all that it entails? Instead just release an RNS with the inevitable news? Would they really hold an AGM at such a critical time when current funding is stretched to its limits only to say to everyone that turns up that they can't carry on operations?....just thinking.I am holding fast onto my shares that Herencia may (just) be coming out of the doldrums and to a slow but sure recovery. Let's hope and pray, gla
BILLYBLOGS
05 Jun 2017
Re: Rns.....Notice of AGM Looks like we have enough funding in the purse until at least the end of June.
dickie3times
05 Jun 2017
Re: Rns.....Notice of AGM [link]
dickie3times
05 Jun 2017
Rns.....Notice of AGM ObservationOpinion: HoldPrice: 0.0525RNS - AGMToday 09:56[link] or the "Company"
Notice of AGMIssue of EquityThe Company confirms that is dispatched a notice to convene its Annual General Meeting be held at the offices of Shakespeare Martineau LLP, 6th Floor, 60 Gracechurch Street, London EC3V 0HR on Friday 30th June 2017 at 2.00 p.m.A copy of the notice will also be located on the Company's website: www.herenciaresources.com.Issue of EquityIn addition, further to the announcement of 27 April 2017, the Company notes that there was a minor allocation error at the time of that Placing and that the Company omitted to issue 1 (one) Ordinary Share ("Placing Share" to one of the placees. Accordingly, application has been made for the Placing Share to be admitted to trading on AIM (the "Admission", and dealing in the Placing Share is expected to commence on or around 9 June 2017.Following the issue of the Placing Share the total number of Ordinary Shares in issue is 7,156,426,961. There are no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company is 7,156,426,961. 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
dickie3times
29 May 2017
re-cap [link]
dickie3times
24 May 2017
So.........spread widens,,,. ....at least a small rise on the spread today. Tick up tomorrow, maybe?
dickie3times
17 May 2017
A contrarian's strategy.... John Templeton in 1939 he purchased $100 worth of every stock which was trading below $1 per share on the New York and American stock exchanges. This totaled about 104 different companies, a whopping 34 of which were bankrupt, and Templeton’s initial investment was $10,400. After four years, he managed to sell those shares for nearly four times the money he had initially invested.Being a value-contrarian investor, Templeton’s principles pushed him toward stocks that had been entirely neglected. Part of Templeton’s success in his ventures was his location. He was based throughout much of his career in Lyford Cay in the Bahamas, which was the site of the Lyford Key Club and a hub for business leaders from all over the globe. Templeton excelled at networking and exchanging ideas in the relaxed atmosphere, which he vastly preferred to Wall street.[link] something from Baron Woffett........"Be greedy when others' are needy?"NO WORRY, NO CRY
Bullys Bear
12 May 2017
37M bid Saw this article on Concord Register:Shares of Herencia Resources PLC (HER.L) is moving on volatility today -4.35% or $-0.0025 rom the open. The LSE listed company saw a recent bid of 0.055 on 37940000 volume. Now let’s take a look at how the fundamentals are stacking up for Herencia Resources PLC (HER.L). Fundamental analysis takes into consideration market, industry and stock conditions to help determine if the shares are correctly valued. Herencia Resources PLC currently has a yearly EPS of -0.00. This number is derived from the total net income divided by shares outstanding. In other words, EPS reveals how profitable a company is on a share owner basis.Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. Herencia Resources PLC (HER.L) currently has Return on Equity of -197.63. ROE is a ratio that measures profits generated from the investments received from shareholders.In other words, the ratio reveals how effective the firm is at turning shareholder investment into company profits. A company with high ROE typically reflects well on management and how well a company is run at a high level. A firm with a lower ROE might encourage potential investors to dig further to see why profits aren’t being generated from shareholder money.Another ratio we can look at is the Return on Invested Capital or more commonly referred to as ROIC. Herencia Resources PLC (HER.L) has a current ROIC of -197.63. ROIC is calculated by dividing Net Income – Dividends by Total Capital Invested.Similar to ROE, ROIC measures how effectively company management is using invested capital to generate company income. A high ROIC number typically reflects positively on company management while a low number typically reflects the opposite.Turning to Return on Assets or ROA, Herencia Resources PLC (HER.L) has a current ROA of -114.07. This is a profitability ratio that measures net income generated from total company assets during a given period. This ratio reveals how quick a company can turn it’s assets into profits. In other words, the ratio provides insight into the profitability of a firm’s assets. The ratio is calculated by dividing total net income by the average total assets.A higher ROA compared to peers in the same industry, would suggest that company management is able to effectively generate profits from their assets. Similar to the other ratios, a lower number might raise red flags about management’s ability when compared to other companies in a similar sector.
urrff1
09 May 2017
Free fall again So reassuring after a bit of positive movement down down down again ! Grand old Duke of York springs to mind !
BADDOGREX3
02 May 2017
Re: No worry ...no cry Dickie have you considered giving your money to a Childrens charity?.Giving money to HER is a waste .Why put more money into this basket case when there are brilliant companies out there that perform?.Get your head out of the HER bucket, see the world, have a holiday, spend your grand on having fun. If you dont the directors of HER will do it for you.
dickie3times
01 May 2017
Re: No worry ...no cry Just found on LSE posted by 'Riskisprofit'Among 2 analysts covering Herencia Resources PLC (LON:HER), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. [link]
dickie3times
01 May 2017
Re: Tribute to corbine I lost touch and only came back early this year and did hear on LSE 'the real corbine' died from complications of an ongoing illness in Sept 2016 - 21st ?
BADDOGREX3
28 Apr 2017
Re: News Issue more wothless paper to drill more wothless holes ...Groundhog day..Why can they get away with it??
desertjoe
27 Apr 2017
Re: News "Following a more rigorous geological interpretation in the next 3 months Herencia will prepare a comprehensive drill plan which should be announced prior to the Annual General Meeting in late June 2017. The plan will engage wide spaced drilling on both Picachos and Pastizal leases to enhance the existing mineral copper resources".Where have I heard a similar "line" before? That should soak up the new placing funds. What goes around comes around!
Bullys Bear
27 Apr 2017
Re: News Regulatory StoryGo to market news section View chart PrintRNS Herencia Resources PLC - HER PlacingReleased 12:14 27-Apr-2017RNS Number : 5651DHerencia Resources PLC27 April 2017 Herencia Resources plc("Herencia" or the "Company"Herencia Concludes Successful Raisingof Approximately £1.0m (US$1.2m)Herencia Resources plc (AIM: HER) is pleased to announce the successful placement of approximately US$1.2m from the issue of 2,111,700,473 new ordinary shares at 0.045 pence ("Placing Shares".Herencia, is a copper explorer and developer in central Chile and has a number of high quality copper assets in well-endowed copper producing region. The assets are characterised extensive copper mineralisation which has been accessed via adits, surface pits and extensive localised drilling. Whilst the company has been through a difficult period corporately the Directors believe these copper assets present an exceptional opportunity for resource enhancement and expansion on these known mineral occurrences. Additionally, the regional copper and metals endowment and the associated production facilities provide the opportunity to expand Herencia's operating base over time.The new Directors are committed to rebuilding Herencia as a viable and stable exploration and development entity and will seek to maximise value from this important mineral region.It is envisaged the funds raised will be used for the following initiatives:· Advancing the Picachos and Pastizal projects;· Reducing the creditors in Chile, and· Other working capital purposes.Following the capital raising there will be 6,758,972,388 Ordinary Shares.This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.Strong Shareholder InterestFollowing the appointment of new Directors, Mr Peter Reeve and Mr Jeff Williams discussions with existing and new shareholders have been held to source additional funds. The strong support from new shareholders in the placement demonstrates the investment communities view of the potential in the Herencia's copper assets in Chile.Admission and DealingsApplication has been made for the Placing Shares to be admitted to trading on AIM, and dealings in the Placing Shares are expected to commence on 8 May 2017.The Company's pivotal land positionFollowing a more rigorous geological interpretation in the next 3 months Herencia will prepare a comprehensive drill plan which should be announced prior to the Annual General Meeting in late June 2017. The plan will engage wide spaced drilling on both Picachos and Pastizal leases to enhance the existing mineral copper resources. Surrounded by excellent infrastructure1. La Serena and airport 50 kms from site2. Good road access and power and water nearby3. Office and accommodation at Andacollo 5kms from site4. Three toll treatment options for future Picachos ore• One government treatment plant• Two private treatment plantsWork to date • Geological and structural mapping of all tenements• Comprehensive surface and underground XRF and laboratory sampling program• Over 1.0km of mine tunnels sampled (6 areas)• Phase One Drill Program completed in 2014: (1) and (2) results of a 32-hole program including;• PP14011 25m at 1.24% Cu, 12.1g/t Ag• PP14019 91m at 1.42% Cu, 13.5g/t Ag incl. 20m at 3.10% Cu, 25.4g/t Ag• PP14020 18m at 1.33% Cu, 6.1g/t Ag incl. 10m at 2.04% Cu, 8.5g/t Ag• PP14022 45m at 1.76% Cu, 13.6g/t Ag incl. 34m at 2.09% Cu, 16.6g/t Ag Total Voting RightsFollowing the issue of the Placing Shares, the total number of shares in issue is 6,758,972,
