The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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My first car was Dolomite 1800 with overdrive. That's what got me started on Triumphs. The only two drawbacks were triumphs insistence on welding the panel seams and using cheap low carbon east European steel. When you had to inevitably change a sill or inner wing you had to cut it apart to find that someone else had already built it out of filler.
Lupi,
Yes I know the TR7 I think was converted into many TR8's, correct they were originally aimed at the US market hence the very slopey front windscreen, there was a reason for that but I cant remember, something to do with US regulations. Correct the V8 was from the SD1, I drove one of those at some stage and a very nice car it was too. I also know that if you had a nice example of either now, the TR7 would probably fetch between 4/5K but the TR8 would fetch double easily. Ah a Triumph Dolomite, loved those as well in fact I loved all Triumphs, Spitfires were a little small though and more akin to a boat!!!
I remember wanting a Triumph 1300 TC for my first car many moons ago, ended up with a Vauxhall Viva, pile of scrap that was!!!
Yes the good ole days when you could fix anything with a spanner!! and some feeler blades!!! clean out the carbs and reset and get that timing bang on!! happy days.
Mr T
MrT. Did you know that the TR7 was originally the TR8 with a Rover V8 from the SD1. The shipped 2500 of them to the states and then stopped producing them due to the petrol shortage. The SD1 V8 drops straight into the TR7 and the only thing needed are 2 engine mounts and a new gearbox housing. The brakes and suspension are already rated. I converted one and what a nice rocket it was. I also put Dolomite Sprint engines into 2 others, as that was a simple straight swap. I loved Triumph, 3x Sprints, 3x TR7's, 1x 2.5pi's. When you used to be able to just take a spanner and fix things.
Love it Triumph.. My TR7 metallic blue W reg .. Full of filler and no pull. but loved it.
Spitfires MG Midget and MGB Had them all as a Motor trader for 30 years.. Too Tall 6 ft 1 .. Knees touching
Wheel uncomfortable. in Spitfire and Midget
Wish I could go back to 1986.. Sheep skin covers .... I used to get all the girls back then ... Car I expect :))
Bit,
Well there you go, I started out my mid life crisis by buying a Triumph Spitfire off ebay and renovating it, I then moved on to a TR7 a lovely car (I know they had a dreadful reputation back in the day) which I had for 8 years before selling it back to where it came from, North Yorkshire? I then moved through a range of 2 seaters, MGTF, BMWZ4 and now an MX5. You could call me an enthusiast I suppose.
Good luck
Mr T
Once we have those shares Mr Triumph ( Makes me smile as had a TR7 and Spitfire in my late teens)
We know the listing went ok , we know the project is massive for copper so best keep the shares and let the other 2 projects stand on their own 2 feet.
20% we will have income and realised value deemed by the market for the shares ( Copper Gold...) and therefore comfort
The project is incredible but best in others hands... Just look at Star Zinc GLR They gave it away as needs a native mining operation.
All the best
Bit,
Good posts here today, makes a change from certain investors cough!! moaning about the age of someone!!
Yes I have been digging around on the MMIH and AsiaPhos websites but nothing to report, the last update when the purchase and sale agreement's were basically swopped for Due diligence was 2 November 2020 and as you correctly say the longstop date is November 2021. Keep watching for announcement regarding EGM where the deal will have to put before shareholders, I assume, if their standards are akin to us here in the UK. Once that happens I think you can safely assume the deal will go through. 2 quarters is a positive statement, as you rightly point out we do not know when that was put up! but I will go for by the end of June 2021.
Once it does, game on for BZT. It will then depend on what fraction of the shares allocated we will be able to dispose of to generate cash, still, a game changer which ever way you look at it. Patience!
Mr T
I know I have moaned here, but I agree bcb.
Agreed bitcoin, the deal is a game changer and the 'market' will recognise this in the value of the mcap in due course imo
This will come good , very good , 5 times on this just on completion of the deal.
Nothing is priced in ... just need to wait..
Only upside from here ... The only way is up from here.
Get the cheap shares while you can ... MMIH Website ... 2 quarters away from Deal completion but do not know when this was put on the site. November long stay as BZT Contract
Been looking for the Singapore listing and licence approval but Covid delayed...
All the best
@bitcoin
thank you for this info. much appreciated really helps to create a road map.
Hold 2mil hope to increase when funds allow... am in this and Alba for the long term hoping for a GGP :)
GLA ATB
Agreed Pricey .. Cordier has involvement in all Colin Bird companies
The Mankayan Copper Gold Project in the Philippines is a game changer if MMIH manage to get what CB
has been trying for for 5 years .. Mining approval licence .
MMIH believe the Philippines are opening up and have secured this project to £ 5.6m to BZT plus retained percentage of 20 %
Making it a £27m deal when True value is £100m which CB originally wanted.
It has more resources than Haverion @ GGP.
The price is flat lined until this deal goes through .
Once it does £1.5p to 3p easy and funds to move Hope and Metrock forward.
Pretty much like Bushranger @ XTR .. Gamechanger providing funds for XTR African Projects.
Good hold and Entry point but a good 3 months away from fireworks.
My opinion and positioned here ready.
All the best
Ahh, thanks Bitcoinbuyer.
I guess the question still arises though as to why, if BZT was seen as a no-hoper, such an experienced individual (or parties linked to him) would acquire a stake in the company of over 8%? I appreciate that some of the holding arises from the Metrock deal, but ultimately you have to be content to receive the shares in BZT as consideration.
Anyway, let's hope this signals interesting times ahead. : )
He has always been part of BZT Pricey .. Look at the shareholdings his company controls.
All shown in the 12th Feb RNS.
Interesting little precis of who our investor is - https://www.businessnews.com.au/Person/Christian-Cordier
I'm particularly interested by what it says about his experience in arranging venture funding and seeing projects through the entire process of development. The obvious question is why would a character like this be involved with BZT unless we were getting near the point such a skill-set was needed?