re: Ann: Kogi Iron Announces Positive and Rob... Someone was wondering who could be selling at just under or around 10 cents.
It is my opinion that it would be one or more of the Bedford shareholders that had their shares released from escrow on 21 Feb last year.
1627 Investments Pty Ltd.
Jacjos Investments Pty Ltd
LFC Golobal Pty Ltd
The above 3 are/were the shareholders of Bedford. The 3 accounted for 15,583,067 shares. Verify the above info by looking at last 2 Annual Reports.
Also see below as to other shares coming out of or already out of escrow. Consultants paid by shares for work done - you think they are investors or want their cash?
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01278636
You think they want the cash?
Oh and TGP shareholders get their shares on 15 March as per below announcement.
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01337613
NBerradis, the facts are above for you to see.
Immelmann, you may want to ask your connections at TGP how much money they owed before they converted that debt into shares that will be released next month.
I know what it is, but you ask them and then relay it the forum. I cannot disclose it because I will be TOU'd for not backing it up with facts. I can't do that unless HC allows me to post information that I paid for. No doubt the Adelaide guys will be TOUing this post.
Ask the mod if I can and I gladly will.
Most people tell you what you want to hear, unfortunately I am not one of those people. Sorry.
By the way the Mining Indaba in South ASfrica is held every year in February of course to drum up some interest from fund managers and brokers. You think they are the only company that has a great project? So what?
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