Member Info for AndyBhoy

amendment to last RNS this morning.. 20 day suspension? anyone able to decipher?

out

MMs to brace themselves and payback? I'm confused I thought the MMs made their money no matter what way the trades were going? just as long as there are trades.. surely the more trades the better for them?

held back to fill orders??! seriously if that's the case it's an almighty **** take!! how low do they bloody want it?

Any meat on the bones Mark?

@cawcaw I guess there is no point making the point any longer... there are those of us who buy the ticket to take the ride and there are those of us who buy the ticket and are quite happy to keep paying a higher and higher price until the ride starts.

I am in agreement with Caw Caw also, I am holding and bought more as I believe COPL's share price will still increase, however it will not be an increase to the heights of what were first expected and that is the gripe that many of us have.

I'm not interested in anyone trying to sway my view that profit is profit.. I will be happy if the SP here increases vastly but at the same token I will still be peed off that it's not as high as it should be.

Especially if nothing to comes to pass between now and post-Atomic acquisition that leads me to believe that the bookbuilding could have waited until after the deal is complete at a presumably higher price.

not AIM

We hope the fundraise is for 100% of the asset, 100% of Atomic is what we were already due to be closing out, as Yacht says please don't confuse the two

Thanks Yacht just gave myself a refresher on the subject, hopefully the price achieved isn't too terrible

Patronise away, however if the deal completion date is next Monday.. this will hit the SP in the days leading up to the sign off and therefore lead to further dilution when the atomic owner gets their $4million USD amount of shares.. and if it isn't bad news why is it released now once the market has closed?

It was always for 100% of Atomic? do you mean 100% of the asset?

I'll answer my own question:

The Facility has a base size of $45 million, with an additional, or "accordion", $20 million to fund future development at the sole discretion of the lender.

So for future development.. this lottery ticket is getting more expensive

what's wrong with the $20 million USD additional funding mentioned in the funding RNS that they have to do this?

to be fair it could be argued it would bad form for the SP to be manipulated to stay down also, but if that was happening I could understand the reasoning!

further two 1,000,000 trades at .36 at 14:55 and 14:58

In this lull before news, this is the part that tests your resolve and your faith in your research whether you are in or out.

Transparency

No further comment

I seen the title of the RNS and actually thought wow good news for once... then read the bloody thing.. shortly after "is pleased to announce" that familiar feeling of disappointment returned. Anything that can go wrong does indeed appear to go wrong here and it's always announced way later than, imo, it should be. With rising copper prices I actually thought this may actually be about to have it's day.. more fool me.

Believe Manaila was placed on care and maintenance Dec 2018, copper price then around $6000