Member Info for addicknt

Jerry, it turns out I do have a Twitter thingy and have sent a follow request to someone who may, or may not, be you.

Jerry, do you have an anonymous email address you're happy to post here? I could then email you.

Jerry, no I'm not. It's not a medium which attracts me. Too many absolute loons.
By the way, have you been buying/selling/holding?

ThereaL, you're right to keep things in perspective. My point was simple: speculation either way, is all nonsense.
And I'm absolutely with you about folk who start talking about what colour Aston Martin they're going to buy. This is normally a great big red flag and time to sell.
Mind you, I'm going for British Racing Green.

Knickers firmly untied.
Regardless of whether a 'think' was included or not, it's no more than idle speculation. Mind you, there's nothing wrong with that, provided people don't start believing it.
Every one of us, management included, don't have any real idea of value. It's fun, but it's futile.

I love it when people make definitive statements about the share price. It "definitely won't be x", or "it definitely will be y".
All total horlicks. No one has a scooby.

Scoutt, so you'd sell here to then invest in a company whose share price is wholly determined by our share price?
Perhaps it hasn't occurred to you that if our price falls significantly, so will Prims?
Doesn't seem like a sensible strategy to me.

It was much more than a "nice mention". I've rarely seen such a clear expression of what an investment company thinks will happen to it's main investment.

now up to 9.8% shareholding.
As I said in my previous post, they are buying everything which comes onto the market.

Difficult to tell, but my bet is whoever's selling the shares are being picked up by Harwood. Otherwise the sp would have collapsed.

Jerry, I understood what you were saying and you're right.

Jerry has a point when he refers to the worth, or otherwise, of off-take agreements.
BCN and SXX had them coming out of their collective ears and little good it did them.
Having said that, NM is not Secker, or Fraser, both of whom managed to feck the whole thing up. NM will not make the same mistakes.

Qalibashi, I agree - that's exactly what I thought.
This is a very important announcement, whichever camp you fall into. It's great news for those wanting to go to production and is of equal value to those of us who'd prefer a sale.
All round, a great and unexpected start to the day.

This makes a change. Normally he spends his time ramping his own worthless ****e.

Talatum, in my opinion, none.
As far as directors buying shares, I've said all along that it would make more sense to wait until the fund raise. Why buy shares that don't contribute anything to the company's coffers?

Harrycash, they've received support from 40% of shareholders.

btw, trading pre-covid, was very strong and the order book looks good. The balance sheet is in good nick (although the shutdown will obviously have an impact) and special dividends to be paid upon receipt of further disposal proceeds.
Harwood's offer is a joke and people would be ill-advised to accept the tender offer.

rebuttal issued.
The key message is that the board has secured circa 40% backing from independent shareholders, which in turn means the proposed de-listing cannot happen.
They have also clarified the position of Holder, which was important.
The ball is now in Harwood's court.
My hope is that the advisors are talking to other potential bidders.

else noticed that the HL web site has become as unreliable as this one?

echo, depends if they've been working on the defence document over the weekend, which I'm pretty sure they would have been.
Quite often in these circumstances, you see an initial complete refutation of the bid, followed by a period of behind the scenes negotiations. I don't get the impression our management team is used to this sort of thing and they may well seek an early compromise deal. Whatever happens, what's on the table is totally unacceptable.