Member Info for antelope

All my clean energy metal stocks - Lithium, Manganese, Copper, Nickel and REMs - all down by at least 50%. I'm baffled. Why is this happening? Losing a small fortune.

iplit.... I was assuming that a full on, committed offtake agreement signed before the DFS would be unlikely.

My understanding is DFS before end of year. But there's rumours of a possible offtake agreement being signed before then, presumably as a letter of intent. KC has mentioned something about 'to be inked'.

I'm not so sure. European Lithium is suffering to the same degree, and a large nickel prospect I'm in (Oz company) is also plumetting. Seems to be EV metals generally. I don't get it.

..this is turning into a bloodbath. Why are lithium miners being hit so hard?

I may be wrong but I don't think they can just fire up their retired stations. Merkel made a huge mistake there.

..if I should know this, but is there a known timeline for this takeover? When do we get details, when vote, etc.....?

https://www.youtube.com/watch?v=UPgS26ZhqZs

The only person I've seen mention a patent is you. In the short to medium term, for Wyld, it's irrelevant. For Tern, it's irrelevant. Every share, from the largest blue chip to the smallest AIM tiddler has risk. So this is one. So what?

They still have fax machines? Really?

If someone has mentioned a patent, and that's 'ramping' (puerile term), then you're 'deramping'. Daft isn't it? When any expression of opinion, mistaken or otherwise, is not allowed because it's made to fall into one of two forbidden camps. No wonder these boards are either oddly quiet as people keep their opinions to themselves, or full of bickering teenagers.

That happened to me once. About 7 years ago, on AFC energy. I have a plaque on the wall to commemorate the occasion.

Unfortunately I have no spare cash. The Australian share I was hoping to sell hasn't yet recovered. And still waiting on assay results. That's half the secret in this game - timing. As it is in comedy.

It's all corrupt. And the UK is the worst, which is why all the crime bosses, dictators and Russian oligarchs have so much money there. Is it not obvious? After all it's the UK that owns the world's offshore tax havens.

Me... I've already got my knighthood. Gave it back to them.

Riverfort Global Capital, by the way, is a VC that focuses on 'VR, AR, Fintech/security, and the IoT.' I reckon it's RGO/RGC that's driving this whole thing. If everyone already knows this, well the light has just come on for me ok ? :-)

Nick Lee is a director of RGO. He's also a director of Piri. And he's a director of CCAP.

Smarttech 247 - an Irish tech company (poss link to SV?) - are intending to IPO. It's expected that this will happen via a RTO into CCAP, although this is not guaranteed. If it doesn't happen, then CCAP will simply become a major shareholder in Smarttech. But it's Lee that's organising all of this. And CCAP is dead otherwise.

RGO support the Tern/Piri merger. But Lee is a director of both RGO and Piri. So again, he's holding both ends of the rope.

If Smarttech RTO, then Lee either becomes a director of them, or he's out. CCAP presumably ceases to exist. (Right?)

But if Tern and Piri merge, then his empire is expanded if he becomes a director of Tern. A much bigger fish than CCAP.

Assuming that he's operating primarily in his own interests, I'm trying to see how it all fits and what the player's motivations are. We could end up with Lee, who has an impressive CV detailing M&A experience in banking among other things, and is younger (59, so motivated by an eye on retirement) and seems very dynamic, moving into at least partial control of Tern/Piri. Perhaps he runs things and AS focuses on consulting into investees and a less coal face orientated director role. AS must, surely, be feeling a bit tired at 72. Hell, I am and I'm a lot younger.

It's Lee whose opinion matters, assuming he represents RGOs view. Not Akers. RGO own 19.15% of Piri, Akers owns 15.58%. Or did, he just sold some I think.

I get the concerns about cash requirements. But there's more to RGO than Riverfort Global Opportunities. ...there's also Riverfort Global Capital. The whole shebang could be the boost that Tern needs. ('could' is a big word)

Just mulling, whilst watching Mr Robot on netflix.

That's the difference between the last trade and the one before it. Not a mid price rise.

I'm so freaking bored by the shares and 'investment' BS. As soon as I'm able to, I'm out of everything.

Yes, much more info is required. I still don't like the relatively paltry size of Piri's holdings. And yes re vote. I'm not even sure how to vote as I live outside the UK and own my shares through an overseas bank.

The Smarttech247 ipo by the wy may happen by way of an rto into a revived CCAP (conduity capital plc). All these directors... akers et al all know each other. It's a cosy little group coordinating actions.

So was that the Tesla EU supply thing referred to yesterday in that news article?

With the exception of Pluto, all Piri's holdings are via SVV, am I right? And their holdings in each investee are very small percentages. So Piri value increases will become incrementally smaller in percentage terms. Whereas Tern's holdings are large. The majority stake in one case. Which partly explains the difficulty in raising cash as preserving those large stakes has ben a priority. As it stands, when Tern eventually exits, given the investees appear to be doing well, they'll recieve a large cash injection whicvh would dwarf anything Piri would receive upon an exit, even if Piri had control over such an event given their holdings are via SVV. Right, not shoot me down. What am I getting wrong, if anything?

OK. I confess I'm having problems deciding which way to vote on this.

But isn't that true regardles of whether a merger takes place or not? And the merged company, being so much bigger, would find it easier to raise cash, not lerast because the combined NAVs would boost the share price considerably, almost certainly more than the 20% dilution.