Warrents I forgot I had these shares as I lost that much when they were Mercom. I have received a Warrants exercise note for a cost of 80p per new share, as the shares are 40p it doesn't make sense to buy warrants, this worth it????
The plot thickens... As does the pile of dosh available to invest...A few years ago I bought a small poster in Sierra Leone.....its hanging on a wall in the house....it reads...patience is a bitter a tree that bears delicious fruit...
The media connection? This is presumably the media content angle that fits in with the company strategy (article in French):[link] a media brand on the back of a successful toy brand, aiming at the pre-school market in the way Peppa Pig is?There is a French media connection through Jean-Pascal Tranié and Vivendi.
Value Doing some basic maths just in relation to the coal asset...assuming 35% of 90,000,000 tonnes and a conversion of 2 tonnes to 1 barrel of fuel sold at US$60 and 50% of the income goes on costs, gives a ball park figure equivalent to approx £6 per share based on 40,000,000 shares in issue....?? Not sure how accurate this is, but it indicates the potential value of the coal asset...Happy to be corrected on this. It will be interesting to see what the plans are....will the coal asset be sold or kept for its income potential? Will the funds to be raised be used to accelerate production? Dividends soon? Or is there another investment being lined up to divesify things? Add in the Mexico mobile payment scheme and the calibre of the new management team. and one cant help feeling 2017 could be a very interesting year.
LOVELY JUBERLY Stake building to 100p+?