Member Info for bluerill

Sheesh, enough already. HSBC, like every major non-US institution from UBS to Nomura to Deutsche Bank in the 80s and 90s that aspired to the top tier, ended up adopting the same titles as were established by the major investment banks, Goldman Sachs and Morgan Stanley and Solomon Brothers decades before, in order to best compete for the top business school graduates. Exec Director, or ED, is in fact a title generally used for the middle of the promotion process, after Vice President (VP, a immediately awarded title for recent business school hires) and before Managing Director, which is the top title, except at Goldmans which has retained 'Partner' despite having gone public long ago.

The number 36800 doesn't have a singular, widely known cultural or universal meaning. The significance of this number as a nickname is likely personal to the individual or specific to a very niche context.

Here is what using such a number might suggest about someone:

A connection to a specific event or data point (MEH).

A gamer or online user: In some online communities or games, number sequences are common, especially as part of a username or ID (e.g., in Escape from Tarkov, 36,800 Roubles is a potential reward for a task,). Using such a number could indicate they are an active member of a specific online community (LOW PROBABILITY. HAS NO FRIENDS)

Interest in numerology: While 36800 itself doesn't have a common numerology meaning, the number 36 is associated with finding balance, spiritual enlightenment, and material abundance (GETTING WARMER BUT CAN'T DO SUMS).

A desire for anonymity or uniqueness : Using a seemingly random, large number can be a way to have an impersonal online identity or to ensure a unique username when simpler names are taken (SOUNDS LIKE HIM, BUT NAH)

A technical or professional background: The person might work in a field where large, specific numbers are common, such as statistics, engineering, or finance (DEF NOT).

A tendency towards ignorant dooshbaggery: (DING DING DING. WE HAVE A WINNER!)

For the love of sanity,

Ouch-y bum much,

Ouch-y bum much,

He would have done so already, but turns out that it has taken longer than expected to find a way to do so while avoiding having to include ignorant dooshbags in the process

afraid not, people. looks like today's rally is on back of a positive piece in ************* by winny himself. maybe he knows something is coming, but i doubt it. he has liked eco and the kosovan litigation for some time so, even though i haven't read it yet, he's likely pushing on the usual bull points.

Its completely meaningless, cd. Just ignore

Of course not. It remains a major bull point in PRE's favour, but this stuff still matters.

Unfortunately, on the OG-fundamental front, MP reported last night in the US and fell another 12% to around $48.50 in the after-market on some pretty crummy numbers:

UPDATE 2 – MP Materials quarterly loss widens after halting sales to Chinese customers

00:04

Quarterly loss widens to $41.8 million, or 24 cents per share

No revenue from rare earths concentrate sales this quarter

Plans to produce 200 metric tons of dysprosium and terbium annually by 2026

(Adds details from earnings conference call and CEO quotes, updates stock in paragraph two)

By Ernest Scheyder

Nov 6 (Reuters) – U.S. rare earths company MP Materials said on Thursday its third-quarter loss widened as it stopped sales to Chinese customers as part of an agreement with the U.S. government, although the results surpassed Wall Street expectations.

Shares fell 7.4% to $48.40 in after-hours trading.

The results reflect the company's transition from dependence on foreign sales to a focus on being a major U.S. miner and processor of rare earths and manufacturer of the magnets made from them that are used widely across the automotive, electronics and defense industries. MP owns the only U.S. rare earths mine and is developing a magnet facility in Texas.

Las Vegas-based MP posted a quarterly loss of $41.8 million, or 24 cents per share, compared to a loss of $11.2 million, or 16 cents per share, in the year-ago quarter. Excluding one-time items, MP lost 10 cents per share. By that measure, analysts expected a loss of 18 cents per share, according to LSEG data.

The company reported no revenue from sales of rare earths concentrate during the quarter. Those sales had formed the majority of its revenue for years, but a July investment agreement with the Pentagon precludes any future shipments.

From the other board:

'...Important to note that, unlike the other major contracts announced thus far, here Eco is not just supplying wall and ceiling panels to site, but it is the contracted construction company as well. This adds to the incumbent risks for the Company but of course the rewards are likewise higher, but (much) more importantly - especially once Eco demonstrates the facility to deliver product on time and on plan - then the balance of the contract should be eligible for project finance, further enhancing Eco's return on equity.

Because, say what you will about Eco's decent towards 3/4p, one reason was not because of excessive equity dilution. Management have been able to stretch the relatively modest capital raised to date a long way and that's an important reason the sp rally has been so acute and - so far - sustainable...'

'.....I presume it may have been discussed at the time. Anyone know why the Auditors resigned in March...?

The auditors did not resign; they were fired, a fairly common event at the beginning of this year for PKF, as they were slow-walking many smaller company audits and causing needless delays and often temporary suspensions, as was the case with Eco.

Meantime, 'Echoridge' on the other board has dealt with the website 'story' referenced earlier quite well. Pop on over there and you'll get a fairly thorough understanding of why the article - and the website - are likely bogus.

Can you translate that?

Said a different way, if any of the relevant parties thought for a second that $5m gross was even remotely likely, neither the litigation funder nor the Company would have undertaken the lawsuit in the first place.

Thanks Hector, but everything I've written is regarding a figure payable to pref shareholders and then ECOB plc, NET of any first claim that the litigation funder would take. Even if the initial claim of 195m is an unrealistic figure, and at a settlement level around the current estimates circulating among company advisors (and quick hint: it is nowhere near as low as £5m), it would STILL constitute a material payout to pref holders and likely, as I already detailed, leave a balance representing a significant return even to the plc shareholder, at least relative to the current market cap. No offence, but I would never make such a basic error.

Perhaps we're talking at cross-purposes, tt. This is one of those complicated, but not complex situations. Shareholders of record of the old Fox Marble, a few days before suspension for the RTO with Eco, should have received an allotment of pref shares which entitle them to a portion of any litigation reward should it emerge, after the litigation funder is paid, while anyone buying Fox shares after the record date and/or Eco shares after the RTO, will not have received any pref shares.

However, I am trying to inform everyone that current Eco shareholders are STILL entitled to a portion of any award, although it will be indirect through the company itself, and not a direct dividend as with the Fox prefs. As I mentioned, though I admit it has not been clearly confirmed in recent RNSs, the re-admission document after the RTO is very clear: ECO plc will see somewhere between 20 and 25% of the proceeds. There may be some conditions/hurdles before the funds are allocated, but that is the general reality, so again, my confident view is that if you own ECOB shares currently and the litigation against the government in Pristina is successful, the company WILL receive a partial payment from the award and so ECO shareholders will benefit indirectly. Note that even if ECO shareholders won't receive funds as a direct dividend, if the total award is sufficiently large however, 25% of that could be a multiple of the current ECO market cap and so would likely cause a huge move in the share price.

'....If you have no Preference Shares you will not participate....'

I have written on this multiple times now, Truro, and am confident this is NOT true. The re-admission document is very clear, even if subsequent RNSs may not be: if the arbitration is successful, there WILL be funds retained for the current ECOB parent, up to 25% in fact.

In fairness, ITS, Truro has a pretty good point. There's nothing wrong with sharing relevant industry gossip, but the fact that you posted the link without any commentary - when anyone who follows this company even peripherally would recognise immediately that Boutique Modern's price point is 3-5x Eco's with production runs far below Eco's - either demonstrates wilful ignorance on your part, or something more sinister as Truro is implying. Which is it?

The high claim was based on the fact that the illegal expropriation of one (or was it 2) of the Company's quarries cost undermined Fox's ability to sign a deal with the Kosovon government for a much larger portfolio of quarries known as Stone Alliance and thus forgo a potentially massive return opportunity.

The high claim was based on the fact that the illegal expropriation of one (or was it 2) of the Company's quarries cost undermined Fox's ability to sign a deal with the Kosovon government for a much larger portfolio of quarries known as Stone Alliance and thus forgo a potentially massive return opportunity.