SugaToyBoyDaddy
08 Aug 2016
Re: The VAT Case Hi fella's, not seen you two on here since before April last year,and now you both came back on the same day,lolIts like waiting ages for a bus, then two come along together:-PGood find Jaknife, atleast we know thats out of the way now, I suspect they will have to mention this in their annual report.What do you think will happen to NOVA's 43million shares/warrants now that they have been delisted or atleast thats what it appears.
nicname
05 Aug 2016
Re: The VAT Case Jak, like you I also have the knife into this lot - only difference you have a different reason - keep the faith and keep reminding the suckers out there what this lot are all about.
JakNife
05 Aug 2016
The VAT Case Tricor apparently can't be bothered to tell shareholders of the result of their appeal which was heard almost two months ago. They lost:[link]
SugaToyBoyDaddy
14 Jun 2016
3rd attempt to post this This to me is one RNS away from take off,and that would be for the license to continue with the iron seperation plant.That would bring the sand contracts back into play, and a boost in price quite quickly in my opinion.I dont see them doing a consolidation as that would leave them open for a takeover,and the outstanding warrants are not really a viable option to convert to shares, so they should expire and get written off.Then theres the 43million warrants owned by Nova,what will happen with those now that Nova shares have been cancelled. their warrants for tricor shares are not viable for convertion either.this would have to exceed around 12p to make it worth their while converting any of the warrants that expire in 2017. I cant see that happening myself. since the consolidation a few years ago, I wonder how many people can say that they where robbed here by means other than paying too much for their shares, as there has only been a small amount of dilution since then and that was for loans while they negotiate for the license to trade iron ore. I still think the plan is to bide time till the warrants expiry date,then back to work on sand and iron contracts.Only time will tell.A small punt to me is well worth considering, but always remember past history could repeat itself and you could get burnt. DYOR
SugaToyBoyDaddy
14 Jun 2016
Re: Is the tide turning here? This to me is one RNS away from take off,and that would be for the license to continue with the iron seperation plant.That would bring the sand contracts back into play, and a boost in price quite quickly in my opinion.I dont see them doing a consolidation as that would leave them open for a takeover,and the outstanding warrants are not really a viable option to convert to shares, so they should expire and get written off.Then th,4304893,0,0
SugaToyBoyDaddy
14 Jun 2016
Re: Is the tide turning here? This to me is one RNS away from take off,and that would be for the license to continue with the iron seperation plant.That would bring the sand contracts back into play, and a boost in price quite quickly in my opinion.I dont see them doing a consolidation as that would leave them open for a takeover,and the outstanding warrants are not really a viable option to convert to shares, s0
SugaToyBoyDaddy
07 Jun 2016
Re: Is the tide turning here? Nova Res shares have been cancelled, they have 43million tricor warrants for shares,what will happen to those now nova is cancelled.[link] 07/06/2016 7
0am NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM NOVA RESOURCES LIMITED Trading on AIM for the under-mentioned securities has been cancelled from 07/06/2016 70am pursuant to AIM Rule 1. ORDINARY SHARES OF 1P EACH, FULLY PAID, (DI) (B6QZDY5) (BMG667261033)
Gold or Silver
17 May 2016
Interesting trade Today .Starting to look like we may be in for some good news.At long last for poor suffering shareholders of the iron sand ghost.Good luck AllAnd May
SugaToyBoyDaddy
13 May 2016
Re: Is the tide turning here? Will Nova sell their Tricor investment, Tricors share price oddly enough has risen recently to equal the price of Nova's warrants price for Tricor shares.Could this be the funding that will be used to rescue Nova?Alliance NewsNova Resources Suspended As Company Warns Of Financial DifficultiesFri, 6th May 2016 14:49LONDON (Alliance News) - Nova Resources Ltd had its shares suspended from trading on AIM Friday, when it said its nominated adviser and sole non-executive director have both resigned, adding the company will face "financial difficulties" if it cannot secure funds soon.Nova had GBP28,000 in cash at the end of June 2015 and has not raised any funds since. The company's nominated adviser, SPARK Advisory Partners Ltd, has resigned and is the sole reason for the share suspension. Nova did not state any reason for the adviser's resignation.The company's only Non-Executive Director, Ajay Rajpal, has also resigned with immediate effect, leaving Chairman Chris Morgan as the company's only board member.Adding to its woes, Nova said its current investments are progressing slower than what was anticipated and admitted that it must secure funding soon."Progress with the current investments in Enerstry Group Ltd and Tricor PLC has been slower than anticipated, and the company has been seeking new funding for working capital, to enable it to continue with the ongoing management of these investments, and also to seek new investments," said Nova.Tricor is also listed in London and is an investment company focused on the natural resources sector.Nova said discussions about funding have been held, but no agreement has been struck yet. Nova conceded there is no guarantee that funding will be secured, but reiterated its aim to get some funds through the door "as soon as possible."Also impacting its cash position are delays in receiving the remaining loan repayments it is owed from Enerstry, but Nova said it is continuing to pursue those funds."In the meantime, the company has limited cash resources available, and will continue to progress the discussions on the new funding, as well as work with Enerstry to collect the remaining loan repayments," said Nova."If new funding is not secured, then the company will experience financial difficulties, and face an uncertain future," the company added.Nova's last financial results were released back in September and covered the first half of 2015, revealing the company's pretax loss narrowed to GBP176,000 from GBP2.9 million a year earlier.
SugaToyBoyDaddy
29 Apr 2016
Re: Is the tide turning here? Reply to Lse Tric chatRef: Metals Exploration Says Runruno Suspension Order In Philippines Lifted[link] differs from Tricor as in the case of Tricor,they dont need to do metal exploration or minning,it is there in the rivers waiting to be dredged up and put through the iron seperation plant.I believe Tricor are waiting for a new permit/Licence to dredge black sand from the rivers,I think they had a permit/licence through Bluemax, but Bluemax were told to stop their activity in the region by the local government I think. which left Tricor with no permit/licence to continue with black sand/iron ore seperation. they can however still dredge and sell sand if the choose to and can still find buyers etcI think if they can negotiate a new permit/licence to continue at all three sites, then the sand contracts will come back and the prospects will be huge.Some of the above is hearsay,not proven facts,DYOR
SugaToyBoyDaddy
21 Apr 2016
Re: Is the tide turning here? 14 Buys here since the 04-Apr-16 and the buy volume is over 10,000,000and people are starting to showing some interest, also, if you had bought in at 0.25p you could have sold for a profit this week at 0.30phows that for a shocker,lol
SugaToyBoyDaddy
15 Apr 2016
Re: Is the tide turning here? Could that be part of the plan? bring the price up enough to either allow Nova a sale of their warrants at 0.50p or over,Or to allow Nova to exercise their warrants at 0.50p which would help stop the other warrant holders with the larger amount of warrants from exercising their warrants.This would also bring cash to Tricor and give a boost to Nova when the other warrants expire in 2017.Sounds like a viable plan, -keep it in the family- as MR Chan is also the Nova director the same as he is for Tricor.
SugaToyBoyDaddy
13 Apr 2016
Is the tide turning here? Quite a few buys here lately,I wonder if this will reach Nova's warrant price of 0.50p
SugaToyBoyDaddy
08 Apr 2016
Re: Board of Director changes Buy trades coming in,TRIC is up 32.00% and 2nd on the share risers page today
SugaToyBoyDaddy
21 Mar 2016
Re: Board of Director changes Ellwood, which is 100% owned by Mr Bien Kiat Tan, has appointed both Mr Tan and Mr Loo to the Board.Mr Bien Kiat Tan, founder and Managing Director of TPG Capital He was the Managing Director of TPG Capital, which is a leading buyout fund in Asia and one of the leading private equity firms globally with assets under management of over US$70 billion. He founded and is currently the Managing Director of Titan Capital and Ellwood.[link]
