Keyword results: GCM

GCM
GCM
PREMIUM CONTENT

GCM Resources – the end or the beginning of the end or perhaps neither

Gary Newman got much grief in times gone by for warning folks about this dog. Today, I imagine he will be enjoying extra ouzo with his fishcakes as the shares were suspended from AIM as the one month notice period of, now, former Nomad Strand Hanson came to a close. But what next?

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GCM
GCM
PREMIUM CONTENT

GCM Resources is still a long way from developing its assets - don't get caught up in the hype

It never ceases to amaze me just how excited some investors seem to get over memorandum of understanding announcements, especially when the agreement is with a Chinese company.

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GCM
GCM

This weekend's Primary Bid offer is GCM Resources at 34.4p

I know sweet FA about GCM Resources (GCM) so you are on your own on this one. It has just announced an Underwritten Fundraise, to raise up to £2 million at a subscription price of 34.4p per Ordinary Share - via Primary Bid. This represents a discount of 20% to the closing mid price on Friday, 17 November, 2017. You can sign up and take part, if you wish, HERE

Crime-Scene

ZAI scandal: first clients announce new Nomad, but ten facing suspension on Thursday

Last week we had the shocking announcement of the culling of ZAI Corporate Finance as a Nomad by AIM, apparently due to a hip operation on one of its Qualified Executives. Of course, there is more to this than meets the eye, as discussed by Tom Winnifrith HERE. But aside from the actions of AIM as judge, jury and executioner – all behind closed doors – there is the issue of what happens to the clients of ZAI who use it as Nomad. Of twelve companies which announced they were looking for a replacement last week, we have now had two transfer – to Northland Capital Partners.

China Flag

ZAI scandal – the rush to sign up a new Nomad already under way….for some more than others?

In the wake of AIM’s shocking execution of ZAI Corporate Finance last night – announced not once but three times at 6.15pm – the collection of AIM-listed to-be-former clients of that Nomad firm has been keen to get a message out to the market that the search for a replacement is already well underway.

Bearcast

Tom Winnifrith Bearcast - when will there be 10 billion LGO shares in issue?

On today's bearcast I look at Jiasen (JSI) but have to speak quietly since Oakley may get the wrong idea when I discuss a dead cat bounce. I also cover Xtract Resources (XTR), Obtala (OBT), Corero (CNS), Toople (TOOP), GCM Resources (GCM) and in some detail LGO Energy (LGO)

GCM
GCM

GCM Resources – Interims: dilution ahoy!

AIM-listed GCM Resources (GCM) has been trying to get permits for a coal mine in Bangladesh for as long as I can remember – and this morning’s interims to Dec 2015 continue the lashings of Hartley’s being promised for tomorrow, or the day after. Or perhaps never. But meanwhile the cash is running out and there is a Going Concern warning to be found. Not surprising, as the balance sheet shows Net Current Assets weighing with a deficit of £416,000 – quite a problem when the market capitalisation is just £2.8 million (source: ADVFN).

DAN
DAN

Zak Mir's Bulletin Board Heroes - Featuring Daniel Stewart, GCM Resources, Ithaca Energy, Netscientific

Featuring Daniel Stewart (DAN), GCM Resources (GCM), Ithaca Energy (IAE), Netscientific (NSCI)

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