Re: Mining Ministry Interesting and presumably why NRRP are having difficulty agreeing the licence terms for the NLZM. In the long term this will only disadvantage Namibians. While the Namibian governemnt may be able to shoehorn this requirement into existing projects their unlikely to attract new investment. Globally mining is only just emerging from the botton of the cycle and many predict that it will revisit the bottom (excluding uranium and lithium) before too long. I really cant see new investors wanting to commit to solving poverty in Namibia with shareholders money when so many other counties ( e.g spain and BKY) are offering real incentives to businesses wanting to set up in depressed communities. I had big hopes for NRRP but, as is so often the case in mining, greedy govenments can often destroy an otherwise sound investment
Mining Ministry Obeth Kandjoze, Minister of Mines and Energy, comment this week:We have also implemented additional conditions on mineral licenses to reserve a minimum of five percent participation in all licenses to Namibians and 20 percent of historically disadvantaged Namibians must form part of the management structure of the license holder.The applicant must also submit an explicit programme on how it will contribute to poverty eradication, particularly in the context of empowering the poorest of the poor, the youth and women,
Asset Match Good morning,No doubt you will have come across the recent RNS concerning the delisting of NRRP and the fact that the company has put in place a dealing facility via Asset Match.[link] the first instance, I would suggest registering www.assetmatch.com and adding North River Resources to your 'watchlist'. Here you will have access to dedicated company page which contains a raft of information including auction instructions, how to participate, price history and a live order-book of buyers and sellers.NRRP will also be posting shareholder updates here too and we will ensure that you are kept up to date.If there is anything that you need help with then please do not hesitate to get in contact on Tel: 020 7248 2788 or alternatively Email: [email protected].
42 So long, and thanks for all the fish !
Re: Corporate Action Notice After all these years still the same old faces
Re: Corporate Action Notice Glad to see you are still onboard Lexi
Re: Corporate Action Notice FLU I really did not know what the process was for this, it is the first time I have experienced a share de-listing totally.I contacted my broker and they advised that I can get a share certificate for an admin fee of £25.
Re: Corporate Action Notice All,Note that Mr Beams offers help and will support share holders if needed with this issue.I think he also wishes to express his thanks and gratitude in all long term holders who has put their trust in him and hopes that in the future the investment will turn profitable.LP
Re: Corporate Action Notice Saavedra, is there a reason why you cannot get the certificate? If you have lost it you can get a new one by applying to the registrar ( the company secretary will tell you who that is)- unless another holder has a cert?Lost certificates can be re issued by means of an indemnity form.If your shares are held in a nominee account instruct your holder as to your wishes, they are stillTradeable until 27/3.There is a chance that an asset will be injected into the shell, this company holds a lot of Tax losses that Greenstone may well want to use. It could be at an unknown point in the future.Anyone just wanting to know what is going on could hold on to 1 or more shares so you get the annual report.One thing could be to turn up to any meeting with a certificate, a lot of effort!. It depends on how strong ones feelings are.
Re: Corporate Action Notice Can someone advise what options there are if you cannot get the share certificate?
Re: 2Shares Yep, the late and unforgettable 2shares, gone but not forgottenWhat can you say, remember when he went to back to visit his old school, the clock in the clock tower had stopped, and he posted so evocatively about his old school chums who had passed awayand his old primary school teacher who had class out doing Roman drills and manoeuvres in the snow, he brought it so vividly to lifebut not in the least a dreamer , he was fixated on the licence from the beginning and had hopes that the Chinese connection would work out for NRRPbut that simply didn't happen, I like to think he would have sussed it early on
Re: 2Shares 2shares would have quite some comment. We could have used his input here the last few years.I wonder how he could have commented the Board without having been banned from this bboard for the use of faul language. Utterly disgraceful how this company has performed.Exactly the opposite of how the Romans went to the fight, no honour and no dignity.For whats it worth, I am not selling at these levels.And I do wonder, who has been buying the last week? So there is someone with faith in this company.LP
Re: 2Shares 2shares was certainly quite a character and made very entertaining posts - I miss his talk of Roman Centurions and the like!
Re: 2Shares Thanks for posting that. I had forgotten his posts, which were common when I had shares a couple of years ago. Then after I sold I glanced back at the bb, and there was mystery, because there had been no posts by him for a while. It does happen a fair bit on these boards where posters are often retired investors, that a frequent poster passes away. Sorry to hear about it if that is what has happened.In answer to yours, I like to think he would have sold before losing the lot, and maybe recouped a bit on one of the bounces.
2Shares Always enjoyed the posts of this old time holder.Wonder what he would be saying now?