SBL - Signature Metals

[hangseng]

Re: SBL - Signature Brands

maybe a dumb qustion hangseng but how will Wood, Flavell And Steinepress tie SBL and Bellamelmining together?
Will it be a joint venture or have i missed that in Bellamelminings prospectus

bruno
Not exactly sure but it could easily be that SBL will take out the prospectus or maybe just the whole company.

The connection is to close for me to ignore this. I may even be over thinking but I suppose we will find out soon enough and announcement is due in June.

 

[bruno]

Re: SBL - Signature Brands

bruno
Not exactly sure but it could easily be that SBL will take out the prospectus or maybe just the whole company.

The connection is to close for me to ignore this. I may even be over thinking but I suppose we will find out soon enough and announcement is due in June.

I toatally agree that this to close to ignore hangseng I just wasnt sure how they would bring it alltogether.

 

[UPKA]

Re: SBL - Signature Brands

I toatally agree that this to close to ignore hangseng I just wasnt sure how they would bring it alltogether.

This looks like the case, if u go to the Bellamel website, u’ll see its only temporary setup with a simple prospectus with no application form, looks like they don’t plan to release any shares to the public. I could be wrong, as the offer don’t open till the 20th…

 

[alankew]

Re: SBL - Signature Brands

Hangseng is this involvement the Ascent boys-havent had time to check myself,as i said i think its a seed capital raising exercise,is this correct

 

[TedE]

Re: SBL - Signature Brands

This looks like the case, if u go to the Bellamel website, u’ll see its only temporary setup with a simple prospectus with no application form, looks like they don’t plan to release any shares to the public. I could be wrong, as the offer don’t open till the 20th…

ASIC has the following two documents for Bellamel lodged on the 12th:

• 764BA Prospectus For Equities - Unquoted

• 
  7057 Document Lodged as Condition of S1084/s741(1) Exemption - Prospectus

Now, not sure how much to read into this, but lodging two prospectuses? Its also got me wondering what S1084 and s741(1) are about (I presume that these are sections of the Corporations Act).

Section 741(1) provides that:

(1) ASIC may:​

(a) exempt a person from a provision of this Chapter; or
(b) declare that this Chapter applies to a person as if specified provisions were omitted, modified or varied as specified in the declaration.​

This falls within Chapter 6D of the Act which deals with fundraising and is mostly about disclosure requirements when offering securities, the procedure for fundraising and remedies for misstatement. So, yeah, if this is going to be public, why would ASIC exempt them from the Chapter 6D requirements.

No idea what S1084 is about. A google search indicates that it may have something to do with ASIC's powers under the old Corporations Law.

Anyway, unquoted equities... also not sure what to read into that, but again I'd think that suggests that wherever Bellamel is going, it isn't public.

And I agree, I think there is significance in the Wood/Flavel - SBL/Bellamel link.

As always, DYOR.

Ted

 

[hangseng]

Re: SBL - Signature Brands

Hangseng is this involvement the Ascent boys-havent had time to check myself,as i said i think its a seed capital raising exercise,is this correct

Ascent are involved and I now know where the gold lease is, 20kms from Kalgoorlie in highly prospective gold country as they point out in the prospectus.

SBL will have a change of entity. Will this have anythig to do with Belamel? we will have to wait and see.

I have had a very strong whisper that uranium is going to be a part of the resource of SBL, very strong and reliable whisper actually. Once the ann comes out we will know what this is all about.

Looking very good though.

 

[adobee]

Re: SBL - Signature Brands

Hi, Just read through all posts for this. As a beginner can you give me some sought of idea of what would be expected share price wise when their is a change in entity ? As a beginner I am a bit confused as to why a juice company becomes a mining company, Is this a back door entry for another company ?

 

[TedE]

Re: SBL - Signature Brands

I have had a very strong whisper that uranium is going to be a part of the resource of SBL, very strong and reliable whisper actually. Once the ann comes out we will know what this is all about.

I sincerely hope that the magical "U" word is involved, though I still think it will be great regardless of whether it is U or Au.

Ted

 

[ideaforlife]

Re: SBL - Signature Brands

Hi, Just read through all posts for this. As a beginner can you give me some sought of idea of what would be expected share price wise when their is a change in entity ? As a beginner I am a bit confused as to why a juice company becomes a mining company, Is this a back door entry for another company ?

Hi, from my understanding, it's a mining company has bought the shell (SBL) as an entry into the market to raise capital. The process is easier than starting for scratch to go public. You might try to google "public shell" to read a full definition.

Hope this is what you mean.

 

[bruno]

Re: SBL - Signature Brands

3 different buys 1.5 , .8 & .5 mill all within 20 minutes of each other on a relitively quiet day.
Any thoughts

 

[UPKA]

Re: SBL - Signature Brands

3 different buys 1.5 , .8 & .5 mill all within 20 minutes of each other on a relitively quiet day.
Any thoughts

low volume, nothing to worry abt, if u look at the buy side, the demand is still strong, every price level there r at least 1m buy orders waiting... if ann do come out, this one will definately fly!!

 

[bruno]

Re: SBL - Signature Brands

low volume, nothing to worry abt, if u look at the buy side, the demand is still strong, every price level there r at least 1m buy orders waiting... if ann do come out, this one will definately fly!!

not worried about low volume, more interested in the large buys so close together.
some more half mill buys in the last hour seem to have driven sp down but i agree that sbl may be the goods

 

[hangseng]

Re: SBL - Signature Brands

not worried about low volume, more interested in the large buys so close together.
some more half mill buys in the last hour seem to have driven sp down but i agree that sbl may be the goods

The next announcement is very close and will be very positive IMO. The normal Friday pm sell down is nothing at all. Just watch what occurs when this next announcement comes out.

 

[UPKA]

Re: SBL - Signature Brands

Hi guys, dunno if its been mentioned. Had a look at the latest annoucement on Change of Share Registry, Tim Flavel signed off the annoucement as a director. and Tim Flavel is also Black Range Minerals' company secretary.
http://www.blackrangeminerals.com/ManagementTeam.html
dunno if there is any importance to it.

 

[TedE]

Re: SBL - Signature Brands

Hi guys, dunno if its been mentioned. Had a look at the latest annoucement on Change of Share Registry, Tim Flavel signed off the annoucement as a director. and Tim Flavel is also Black Range Minerals' company secretary.
http://www.blackrangeminerals.com/ManagementTeam.html
dunno if there is any importance to it.

If you look closely you'll see that Wood is also a director of Black Range... and I am pretty sure that Steinepreis has something to do with it as well...

They have also individually and collectively had hands in WMT, DYL, OVR (insert a further 10 or so codes)... all of which have done and are doing nicely out of resources.

I don't think it means anything other then indicating the game that Messrs Wood, Flavel and Steinepreis are in (but then again, we already know that from SBL announcements) and that they very good at playing that game to the benefit of shareholders.

See ya,
Ted

 

[mickqld]

Re: SBL - Signature Brands

Very quiet with this one. Anyone know when next ann. may be forthcoming.

 

[bruno]

Re: SBL - Signature Brands

Very quiet with this one. Anyone know when next ann. may be forthcoming.

if as previously stated by hangseng that sbl and bellamelmining are going to tie in together somehow then my guess is an annoecement late next week as according to the bellamining prospectus the expected date for dispatch of holding statements is the 3 july

 

[hangseng]

Re: SBL - Signature Brands

if as previously stated by hangseng that sbl and bellamelmining are going to tie in together somehow then my guess is an annoecement late next week as according to the bellamining prospectus the expected date for dispatch of holding statements is the 3 july

I didn't state they are going to tie in together, I just personally believe there may be a synergy here and I did say we will have to wait and see. I don't know this as fact.

It is the location and the director relationship I have picked up on.

 

[bruno]

Re: SBL - Signature Brands

I didn't state they are going to tie in together, I just personally believe there may be a synergy here and I did say we will have to wait and see. I don't know this as fact.

It is the location and the director relationship I have picked up on.

my humble apologies hangseng i did honestly mean to have an "if" in there.
in future i take more care before posting.

sorry mate

 

[bruno]

Re: SBL - Signature Brands

dont know whether anyone else can confirm this but my broker site showed a buy order for 3.5 million shares today at 4c judging by trades it looks like it may have been slowly filled during the day.
as i said i would be interested if anyone could confirm this.