UK 10:39 Tuesday, 6 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having initially requisitioned an EGM to ‘bring about much-needed change’ at EMED Mining (EMED), it has been announced that multinational commodities group Trafigura in conjunction with other cornerstone investors in EMED, Orion Mine Finance and Xiangguang International, has now conditionally agreed a $24 million, and up to $30 million, bridging finance facility with the company in conjunction with Ronnie Beevor, Isaac Querub Caro, Ashwath Mehra and Bob Francis all agreeing to resign from the board, with a new Chairman (Roger Davey) and CEO (Alberto Lavandeira) appointed.
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Comments
wildrides
I remember a couple of years ago you saying it could go to 30p on getting consent of the Junta . What are they like the Spanish ? 25 % unemployment and they take two years just to give consent to re open ! Did not realise you had this POS in your nifty fifty ……….. man that must be dragging your average down . Amanda Van pretty says its carp as well . I would dump it on break even if I were you and buy that other POS REM . Yeah …….. the one that thinks lithium is rare when its in clay practically every where you care to look . Whens Amanda floating her new boat ? I want a piece of that action in my portfolio ……… sounded promising even with Nora Batty goggles on .