Member Info for Block16legend

To finally be out of the 20-21p range that we felt like we were in for months, is a real positive.

With Vanchem completing on the 31st, it could be a very nice October indeed. GLA

Whilst I appreciate the sentiment that lookers are a large Group, with significant connections to the UK motor finance lenders, this total ban on finance comms has come from the left field.

All, and I say this without any doubt whatsoever, all, of the big lenders were preparing for an element of flexibility on a much reduced APR corridor. This move, whilst it’s good for consumers, does very little for a motor industry that is not only dealing with reduced customer demand, but also another cliff edge coming with the incoming FCA review into regulated add on products (due by Q2 2020).

This isn’t an anti lookers smear, or trolling lookers holders, it’s the facts. No one saw this coming, and to say it was priced into the SP is wholly inaccurate, IMO.

Thanks, must have missed this.

A positive outcome with the tender, and acknowledgment the battery is of good quality, should see us bounce.

GLA

Morning, does anyone recall when the Eskom testing was scheduled to end, and when the tender results can be expected?

Does anyone know when we can expect the production update for the last quarter to be released?

the sh*thouse shorters are fighting against our blue day, refuse to even give us an inch.

Maybe the short needs to close this quarter, hence the fight they’re putting up?

Vauch, I think you’re right, albeit unfortunately. We may see a strong blue day today, but we will no doubt come under attack again next week. We are in the shorters sights, we can only hope it ends soon; it will end eventually.

The brits announcement is great news; I think a number of long term posters have suggested this before, but brits could be part of a long term plan to setup an offtake agreement with China at pre-agreed prices? Conveniently, this is a announced just 5 weeks (I believe?) until the Chinese rebar inspectors have told steel producers that the improved rebar levels have to be introduced.

Great news, let’s have a blue day today. But it’s just another piece of the BMN jigsaw slotting in nicely. GLA

Small top to of 17500 shares, once the shorter is gone, the true value of these will be unlocked

One of my favourite expressions is ‘don’t let the facts get in the way of a good story’, and this is one hell of a story.

The detail in this RNS is quite simply, spectacular. The way it reads not only appeals to institutional investors, but for PI’s on the basis of noting points such being the 3rd best performer on AIM; PI’s that aren’t onboard already will love facts like that.

The Mokopane piece, dividend plans and the overall results are now here for all to see.

well done FM, the ducks are now in a row, and thank you

GLA

This short is ridiculous. Either there’s a lot of pressure to close by month end or there’s an SP target that has to be achieved.

Feels like the RNS’ land, the MM’s and shorters squabble for a few hours then the SP drops. Unreal

29.8p to buy, 30p to sell... hold on to your hats

The caveats of the triggering of the loan suggest it’s a loan of last resort, to keep the loan sharks away with their excessive rates and terms.

Seems to me like a loan from uncle fortune, rather than Wonga.. makes sense for all involved

Surely the shorters aren’t going to go even harder to bring the SP down?

Managed a very small top up @ 32.75p, think it would have cost me a lot more had I waited until this afternoon.

The shorters are doused in petrol, FM has just discarded his cigar. Wait for the flames.. GLA

Days before the Vanchem acquisition, there was an increase in the negative posts on the board, drops in the SP on the bell, which but suddenly stopped after the RNS and the SP was on the rise.

Could the production figures RNS have been submitted late today, for a 7am posting? Just a thought..

Thanks, not seen any attachments, but thanks for the steer in the right direction.

Firstly, great RNS today, hats off to those who predicted the purchase of Vanchem by joining the dots, BBN especially.

Make no bones about it, I (like some other members) was nervous about the delay in the release of production figures, but releasing them before this news would have been utterly pointless. The consensus is that, from reading between the line, the figures will be inline or even slightly ahead of expectations. If so, another positive RNS will be upon us very soon.

One quick question, the payment terms of ‘not before 31st July and not after 31st October’ is something that seems like we’re waiting to unlock cash from something; the J’burg listing perhaps? How much cash could the listing raise?

it was 29th June last year, so you’re probably not far wrong with it being June.

is there anywhere shareholders can take this, as it’s stated and timebound in an RNS?

FCA or the stock exchange maybe?

So on the back of such a cock up, shareholders vote on annual bonuses.

Let’s see how he likes backlash and vote against the hefty bonus he could be lined up to take.