Wednesday, 5 August 2015

PM Bolt-On: Scotgold (SGZ) and Jubilee Platinum (JLP), no surprises, a fundraiser.

Good Afternoon,

A day of tiddlers.

Scotgold (SGZ) have found their website, Scotgold Resources.com.au where they give an updated presentation (all 34 pages).

Continuing on the theme from Jubilee Platinum (JLP)'s this morning EMC: JLP Almost & IRR questions. , JLP have rattled the tin, who'd have thought it....a fundraiser for the shortfall at 3.4 pence raising £2.4M + GBP 0.46 million warrants + circa £50K debt in settlement. 

One assumes the financing can be signed off now? At £2.4M one hopes they've done their figures correctly. Warrants have been cashed in and resolved some debt issues with the issuance of shares. 

When did the placing start?!

Atb Fraser



1 comment:

  1. Fraser- hehehe re JLP- I guess the JLP PRs answer would be -"Stop asking awkward questions, it is AIM so no real rules apply, do they???"

    Cheers. The Leggie

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