Member Info for airborne

It feels like we're in deal purgatory! hopefully a whooping positive news story will pop sooner rather than later

As Admiral Ackbar once said “it’s a trap!”

Three RNS’s in one day, when you get the ping hoping it’s the ‘big news’ one and it’s just a holdings notification.

Barstewards.

Marks them as our top shareholder for now on the company website. 9.5% in that broker's hands.

Who put 10p in the genius?! Of course there are two transactional parties to a trade.

What’s the next factoid? I reckon that someone telling us Sri Lanka is not a home county so it’s got different legislation to deal with.

I'm here checking in every day. I've nothing to report from my side though and other than me bleating, i'm keeping stumm!!!

There's been a fiesty conversation today!

i think the PI funding just achieved may help force better terms on the LBG deal - we're less 'desperate' as a consequence.

i'm not sure any of the board would agree to a heavy dilution voluntarily, but that may be the route we have to take. Our IIs have a significant controlling position so us retailers are going to probably be in a following position on any key votes.

I hear your points Paul and I remain hopeful that they’ve been running all of the necessary concurrent activity since seven weeks ago, and are very close to signatures. I wouldn't be surprised if the in-house counsel at LB Group are working the weekend so the opportunity doesn’t get undercut from them by a competitor!

Thanks FigTreeHarry for tick sheet!

I think the biggest push will be for this on Monday. People read in across the weekend and then see the waypoints as per that list. Quick news in succession-phase underway.

Yeeeeeeessssssss!!!

Great news on a grotty Friday.

We’ve been through a huge amount since Jan 21! The business is in a completely different position and so the comparator to then gives the risk of a false benchmark. In effect we’ll be far more valuable than at the RTO then.

Two meaty sales just through. There’s certainly appetites to take good sized chunks.

Licence paperwork must be nearly done. I need to reset my alerts for SL government news!

They’re gathering shares where they can! Any weakness has been absorbed so this is a good sign. Tells me that such a small amount in PI hands means this will continue to have strong movements when they occur. The momentum is upwards so this should be on a run up fairly soon (if 5% isn’t enough per day for anyone!).

Thanks Polio.

the £7.5k buy and sell might be a B&I transfer? if i has some outside my ISA i'd be getting them tucked away sharpish as well!!!

Good bit of progress today. I’d love to know more on the 5 trades showing unknown. Buys but timing clash to identify?

We're a month on since the flurry of activity and RNS'd news. We should have a sense of progress fairly soon so -bizarrely - i feel more positive that ever that we are going in the correct direction (else we would have heard!)...

Justone and I are on the same Veteran status being here since PAL, and having held the faith!

The RTO still holds a huge amount of benefit to us in terms of tax benefits et al. We old sweats here are going to have to have a beer when true value is in place.

Incredibly positive call! I'm fascinated by the $81m for 50% from LB =$162m total value for us. Makes us valued around 40pps!

"cashflow within 12 months, unless LB want to go harder and faster". Sweet!

Good post!

I think we’re probably going to see this kind of action on any news as miners take a fair while to get going.

However! There is a news-rich period ahead and the formal notifications you point out all make sense. Oluvil port needs dredging and I would think it’ll be signed off fairly quickly to get that work underway. Establishing our material yards there makes a huge amount of sense and the offtake agreement helps with that funding to get us up and shifting sands.

If anyone is curious about the complexity of this type of operation you should search up (the typo is important!) ‘heavy mienral zircon processing plant’ on YouTube which shows how relatively simple the refinement process is.

I'm still recovering from the shock of not being at 1.08p! i can handle the fluctuation as I'm a long player and by (bad) experience I've tried slicing and it's cost me more money than it made me!

Plenty of news lining up, just needs to shake out in due course and the sp will reflect this in due course.