Member Info for belgrano

Actually just what we needed. I've already had investor friends of mine calling me up and asking about what Stuart had to say. Believe they were indeed much closer than myself in hitting that sell button, due to lack of information.
I do know that big corporate deals do take a great deal of time to finalise, not sure if it was on this forum but one investor on LSE who used to make such deals at board level stated 2 years of discussions was actually the norm. Hopefully someone on here can confirm that.
However for me a huge takeaway is that discussions are most certainly ongoing, (and we've not been led down the garden path). Also when completed and finalised Stuart is confident of achieving his share options, which are performance driven. Well done Elrico, top man.
Expecting a blue day today.

Thanks Elrico, put me at ease.
Can anyone here tell me what Stuarts share options actually are.

There are a few takeaways from the latest move by OPTI, which has chosen to raise money y share issue rather than selling a chunk of SBTX shares.
https://www.lse.co.uk/rns/OPTI/issue-of-equity-8211-subscription-i8p247agkqxyvdp.html
Does SOH see better value holding onto his SBTX shares rather than selling a chunk of them. Clearly the other side of the coin here is could he find ay buyer for a chunk of SBTX stock, at current price.

with some investors selling and everyone fully aware that sales are sluggishly increasing the financial news is somewhat already priced in , with most expecting to see only modest results.
In my book thats likely to prevent a share price drop as its already happened.
Might even go the other way if Croda news is good.

Its a fact that as the share price drops it becomes more attractive. This is because this drop is on no news and investors moving to cash or expecting no decent update.

Hi Elrico,
It cuts both ways with investors. They need to be kept in the loop on a regular basis, your updates are brill, but do not reach the majority of investors in the way a RNS would.
Our company has a high pi base, and for everyone who on here like myself takes a stand and echoes what others are saying there are 30 more thinking the same and in many cases acting on it.
Lets not forget this company is sentiment driven, its not yet based on hard income so is still "Jam tomorrow" , if you will forgive the phase.
When we have lack of news, sentiment soon fails, and when peeps see another company that appears good, or need to raise a few bob for something the one with lack of information or news where sentiment fails becomes top of the selling list.
I believe its a genuine cause of our share price decline, and has cost everyone here thousands.
Its also preventable and avoidable, mustn't put it down to whinging little shareholders but Stuart must respect their views and wishes, from those who have lent him their hard earned expecting results, and most importantly regular news.

Hi Clio,
You are correct in what you say, even an update formally announcing that they are in serious discussions with an un named company for a very major deal, and hope to conclude shortly would in itself be significant and informational for all investors here.

Hi Toyin,
Think got to be realistic here on time scales, if its true SA must have had a very good idea early this spring that better deals where in the offing to walk away and leave 1.2M on the table. Since then our board have had over 8 months to sort out that deal. We are not talking multinational here where they are rammed with work or orders. So what I'm saying is there has been ample time to secure a deal if indeed that's the truth. I'm hopeful hes got something big to share with us who have waited patiently for a long time.
I disagree with your comments that if you don't trust a CEO you should sell. I've made some decent money in the past (and been burnt by some as well), by ones I don't trust (one example being Kozel from GKP, who at one time made me a 50 bagger but is now in jail). Also many others who walk and come in many shades of grey, and companies who refuse to reveal backhanders like Barclays recently fined 50M, from Arab dealings not saying where the money and fees went. Are you also saying we should pull out from Barclays. Bit extreme but you see my point.
So I understand if you think this board needs more time, however I respectfully disagree here, and with inflation now running at 10%, we should be very mindful of the loss that happens by doing nothing, let alone a low share price which deals a double whammy.
We await the next news update, but I'm very wary of any smokescreen or play for indeed more time, as it says he didn't have anything in the spring. As shareholders we have a right to know exactly what's being achieved with the money we have in effect lent Stuart, it was not a gift. I know he reads these messages, and should be aware of what investors feel.

Hi Toyin,
Clearly Stuart says he took an achievable 1.2M off the table as saw a much better deal in the spring.
That's got to either be a good deal in my book, or porky pies. As was correctly pointed out at the time as CEO he is duty bound by the stringent rules so cannot make up stuff. So I wait to find out what this good deal is and who with. This point should not be easily dismissed or I can guarantee it will effect our share price, either up or down. Please don't anyone think we are blowing smoke here either. I say we because its a group of investors.

Yes agree Phat, you can hide for a while stating NDA's. However before long its got to come out into the open, with many on here thinking a great deal has been achieved a while back , while I've always been sceptical that the 1.2M deal taken off the table was untrue, but made up to cover failures. However the saying "Hero or Zero", has never been more correct, and literally nothing has been heard at all for several months. I very eagerly await our next update, and hope that our trust in Stuart has been fully vindicated.

yes when you see the raft of sells today, it does bring a sense of foreboding. Hope I'm wrong but seen similar leakage signals before.

Looking forward to the next update, hopefully this week, guess tomorrow or Thursdayasre favourites.

I'm all for honest opinions of companies even if peeps subscribe for the information which people like TW have to diligently hunt for.
However in some cases and for the record not naming anyone in particular posters can be rewarded by that company directly for advertising their stock. Have heard of several ways this can be achieved, the least of all which is "first mover advantage", which is in my book a fair one, then fees and other remunerations. Could explain why some companies get a lot more publicity than others.. Not always because its the best prospects.

would expect a update before long. top of my list is what company was worth giving up 1.2M in sales for, eagerly await that update, although the clock is most certainly ticking fast now.

well someone was happy to pay a premium to secure that block or shares rather than wait or try to get in smaller tranches.. clearly not worried about paying a penny or two more as liquidity tighter, getting them more important...
Always get a nice feel when I see these signs.

thats good to hear AS, Just referencing the market makers selling down this stock when they knew they had lots of replacement stock available. Can recall that one big player actually told SA that He'd made a packet selling us down , which led to the refrained " I could have punched his lights out" comment", because it was us that got hammered.

Hi Clio,
It would make it RNS-able for OPTI after deals fully completed if significant amount released.
I believe they could release in smaller tranches , not normally the case but we do have a history here where the brokers signalled to their clients that a discounted wedge was becoming available for those interested. However price was higher than the discount wedge at the time so those market makers and big holders offloaded big chunks of existing stock at easy profit to take up the cheaper ones. Result was a much larger price crash because then the general market got a little spooked not knowing how much was going to be offloaded. It was a right **** up.

Hi AS,
Just reading your post again regarding possibility that SOH is selling some stock going by some strange recent trades.
You may be right here because,
SOH is really detached from SBTX now, handle on the tiller gone years ago.
Suspect relations between CEO's are not "overly co-operative"
SOH history of poor timing and bad decisions.
OPTI 70 plus deals not making much at all.

Those that closely follow this company know that its probably a time to buy not sell so going against market trend..thats why you could be correct, and possibly a good re-entry position for you AS.

Investors that should be concerned if correct are the genuine opti holders where the CEO is discreetly trying to selling the shareholders silver in order to keep opti lights on despite posting lots of positive RNS,S. These pointing to great deals which if we go by the last 70 ones posted are proven to be poor returns by performance to date.

UKR tails are up, moral is really high and the guys really believe that they will win and are prepared for any cost. Complete opposite from paid mercenary and convict Russians, which are poorly treated by their own side.
All the hallmarks of the dreadful Russian defeat in the first world war which led to uprising in Russia, and death of the Tsar...this could lead to leadership change completely.

This might hasten proper normality being restored with our company, although don't believe the time is now...certainly the Russians would now like to settle this dispute as they are sitting on a lot of captured ground still and could claim a victory.