The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Can you internally visualise it or must we learn of everything in life YOU find interesting, odd or weird?
I thought you said you were leaving, but nope that didn't happen either, you just keep adding your petty little gripes to the board that no one cares for. Go away and live your life... or Fulmar will continue to live in your head rent free...
I just observed that int he last year some 70 to 80 million 3 p warrants were exercised, hence like climbing through mud to get from 3p to 4p.....those extra shares are being taken off the table for a quick profit, but they clearly decided not to carry that extra risk into the deal. With some warrant holders in large sums already, a quick skim of essentially free money. They have systematically sold this share down from 5.5p, when they were probably takign warrants like candy. Then for the rest of the year every bounce sold again and again, only current buy volume able to over come the overhead. However for those looking to get back in and getting in before the deal, silver lining is that 3p warrant conversions are giving you a liquidity event and a low average entry....
Year End 2020 - MB = 27,612,311
Adding 12.3m CLN shares = 39.9m shares as per Yr end 21
It would seem someone can't add up in Aug 21.....but since when was detail a strong point of ACP.....
However adding a further 7.8 m in Mar 22 does reflect the 8.1% quoted current holding of 47.7m shares... The figure that should have been quoted when querying how much MB and potentially family owns. Show me a list of other AIM companies with Director holdings of at least this quantity. Few and far between no doubt. So we have clarified that MB has sold no shares and that he did not use CLN interest cash to buy warrants and no longer has any benefit from CLNs... infact all CLN interest was converted to shares and sunk into the company so that it did not have to raise funds to pay for the CLN cancellation....all the opposite that some would suggest was and is the case.
Including family interests.... I have to this day not seen that quoted, I looked at 3 other Yr ends just now and 2 didn't have it and 1 had it.....so out of 4 in total in the lat 24hrs it is 50/50 if it is written as such. Whether declared correctly is one thing. If true then that means 'friends' must hold a fair chunk...if again believed.
Are you serious Pumpky? Reading not your strong point either.
More clown posting - 'He had just short of 40m at the end of 2021 including family interests'
Truth - Aug 2021 Matt Bull held 45,521,492 Ordinary Shares.... in March 2022 Matt Bull added 7,852,273 Ordinary Shares comes to a grand total of 53,373,765 shares..... looks very similiar to less than 40m if you are an idiot, but to everyone else just over 53 million
HIS PERSONAL HOLDING.....jeez, directors and TR1s do not report the holdings of anyone else..... comedy central via Amtech
As Mark Twain said....'Never argue with stupid people'......graciously demonstrated by Amtech.
Ladies and Gentlemen,
I give you Amtech.....spreads lies (proof below), constantly spouts libellous comments (just read many of todays posts), when his lies are shown up, he goes back to the only thing he knows best to do, spam the this board that ACP 'thought...presummed' was going to happen imminently....didn't.....welcome to bringing a greenfield mining projects to production 101 folks....£$%^W^ happens.
Fails to agree that what they are waiting for is advantegous and would be chosen as a path by any self respecting company...... but Amtech just doesn't want to be in the red and would rather sacrifice all these positive reasons just so they can break even again.
Errr isn't the salt a byproduct of the the operation? I doubt you can mine a toxic material if you let the toxic material be toxic to the area.....What planet are you on? I hear there are uranium mines, how toxic are they? Is uranium toxic? Do they leave the mine behind as a toxic deadzone? Not sure how they get those past environment licences.
Hahaha, do you complain to BBC Weather everyday, because the forecasts did not turn out the way they said they would....because err things change outwith their control.
So you compaining about the time or the viability of the project. Are you suggesting that the wait for somethings to fall into place that will benefit the company over its entire project length should be ignored and they should push on ahead without these genuine good reasons because the project is not going as fast as you would like?
How much interest did he make off the back of stalling things then? = NONE
The CLN's were converted in Aug 2021 a month BEFORE even the mining licence was granted. More FUD from Amtech.
Is it stall for stall sake? Or is it an advantage long term to the company? Do you want to pay for roads that someone else is going to build? It will hurt your shares to provide more capex for this task. Do you want to use Diesel Gens or do you want hydro electric? Will this more effecient and cheaper power source not be useful? Will it not create better ESG credentials for the company in western markets? Do you not want to reduce operational costs? Do you want to drive an extra 350kms tan you have to? How much extra diesel is that in operational costs? Does saving 350kms in trucks vs rail not improve ESG?........ All this was assumed might be in place 1 year ago, sooooo one might feel progress was imminent.....however if a more advanced project has been delayed getting to finance for a year, what is to say that that would have been the case here anyway...but without all the benefits above.
The special mining licence was the door openign to BKT finance, without that they couldn't get finance, who would have thought it would then take them so long to get to finance....Does this make all their upper management useless? Surely if it was that easy they'd have wrapped up finance a year ago.
Whataboutism.......
FAKE NEWS..... Firstly MB did not earn more than that in interest payments, secondly they were converted to shares so he actually received ZERO cash. (which also means his original loan money is now sunk in the business) But then you will say he sold them, but that is not true either because he would have had to declare ALL share transactions.
Try harder to lie better Amtech..... and the 3 people that liked the post need to stop reading social media and thinking what they read is true or fact checked before posting..... DYOR, certainly do not rely on Amtech for your investment advice.
I'd understand some of that logic if A. Director held no shares, B. They took a silly salary like many of the AIM directors, MB probably on the lowest salary on AIM..... so this doesn't fit your narrative.
A high quality resource and peer leading economics have been put together... So, again something happened.... Current delay has been clear to see by even the blind that it is worth delaying for, lets see if the worm turns post BKT finance, because there will be no excuses or reasons that anyone can raise.
1.6m UT today says one doesn't want to find out, another is going nuts deep to find out....
Curious and ever more curious... No motive at all....
I do not know why companies like EML hire internationally respected engineering firms when they could just ask armchair specialists on a message board for all the best ideas....
EML had a wet tailings damn.... Would suggest there was a 'lot' of water....
They as in Moroccans requested a dry trailing dam in case saline water leaked.... Because salty water not good to be leaking into environment.
I'm not even going to go into why you can just wink at them and say don't worry it is just underground, or nothing is growing here as we are driving on it..... You need to hand it back after.... Minimum 19 years of putting dally water in the ground.... I'm sure it will grow just fine... Not.
/s. Is a nod to sarcasm on social media for thick phucks that can't tell the difference....
You have the ideas of primary school child, keep embarrassing yourself, we are all enjoying your inept input.