Member Info for BottleRocket

Hahaha that was yesterday

Buuuuurrrrrrrrnnnnnnnnnnn

wonderful work as always bamps

For those who love to listen to, and value Bamps' time, we sat down and recorded this before Christmas.
We hope you find it useful.

Merry Christmas
BR.
https://youtu.be/h4394_Qw3xU

"Several thoughts:
1. The dilution is almost negligible (2-2.5%).
2. If we think the cash is going to be used for a good purpose (and I do think that), it's a little dubious whether it should even be called a dilution. The cash may well increase the value of the company in the medium term more than the dilution percentage, if so, we've not been hurt at all.
3. The discount (10%) is pretty small compared to a lot of placings / rights issues. If we've got IIs coming in at that discount, it's not horrible.
4. Those of us who no longer have a UK address were precluded from taking advantage of the discount, as were those who didn't have free funds. A rights issue would have been better from that perspective, it gives people time to maneuver.
5. The optics are horrible because the CEO has never bought in but gets a nice discount. Honestly, if he wanted options at 14.5p he could have asked for them when he came on board.
6. The fact that there's been increasing shorting going on makes the optics even worse.
7. The optics are also horrible because a lot of recent statements look disingenuous at best.
8. I think from a purely financial perspective, it's not hard to see this as a good move. From a PR / investor relations perspective, it's very poor, even though practically investors are probably better off because it's a relatively inexpensive way to pick up some cash.
9. Institutional investors who have picked up shares in this are likely pretty sticky hands.
10. The fact that I was excluded from taking part in this probably doesn't hurt me because in all probability they've scared or ticked off enough PIs that the SP will drop to that price and I can get shares at close to that price if I want to.

I'm not still invested here because I love the CEO / BOD. I'm invested here because I believe in the asset. I don't see anything in this that changes that. Not sure whether I'll buy into the sell-off that I see tomorrow or not. The gold is still there.

But I certainly do have mixed feelings about this. I don't feel like we've got a BOD that has played a straight bat with PIs. At the very least they haven't given proper consideration to how their words and subsequent actions will look to the small to medium size PI. That's unfortunate."

They are not all buys Bellers. 16.5/16.7 look closer.

MM's are not interested today, this is not "market Manipulation". the SETSqx is doing all the leg work today.
BR
"Please note some users may not behave properly and may post content that is misleading, untrue or offensive."

Where is the fun in that? stick it to the shorts, Buy high sell low. - I am a pro at this strategy! HAHAHA
BR
"Please note some users may not behave properly and may post content that is misleading, untrue or offensive."

oh my, Quick, quick, quick, I need to buy before it is too late. - What's the matter, is there not enough volume for you to offload. all IMO of course.
BR
"Please note some users may not behave properly and may post content that is misleading, untrue or offensive."

Onwards and Upwards!! :-)

To answer your question, you can have an alternative view. but like anything in the keyboard warrior world where expression is lost, and no one can hear the tone of your voice. it is not what you say, but how you say it.

So if you are going to walk into a lion's den with a plate full of chicken. might want to make sure you know what you are doing with it first, rather than just throw it around the place. it will only end badly otherwise.

and yes. - Like any good restaurant, you have to make a reservation, you cannot just turn up and expect to get served.

BR
"Please note some users may not behave properly and may post content that is misleading, untrue or offensive."

Maybe a little Blase' on my part, but my understanding is that anyone who is anyone in that world will have the gold to back what they need now and not be reliant on paper.

Of course, and as always, I am happy to be corrected if wrong and be educated. but the way I see it is that there is a big difference between the national bank's holdings and the likes of Blackrock who continue to throw paper gold around like confetti.

I do also appreciate Speedy, that this is your area of expertise, so if anyone knows, it will be you, Sir.

Welcome Back Ant.

ggphelp.co.uk

Posted to Telegram yesterday. - not really much change at all.

BR
"Please note some users may not behave properly and may post content that is misleading, untrue or offensive."

Basel 3 is a nothing event.

BR
"Please note some users may not behave properly and may post content that is misleading, untrue or offensive."

Bit of conjecture there eh. Not sure any of us can be sure " to keep this low for a takeover" is anywhere near fact in any way shape or form.

I respect the opinion of people hoping for a takeover, but it is not a forgone conclusion.

BR
"Please note some users may not behave properly and may post content that is misleading, untrue or offensive."

We have a PFS. There should be zero reasons to worry now. if it's not what you want, throw them in the drawer and walk away.

Did you see the video I posted on how to get the tenements added to the Sat data? youtube.com/ggphelp

probably a better question asked on Telegram

Could be anything from $1 to $4BN - only they can decide what it is worth to them (both parties have to agree for it to be fair value).

Some nasty undertones in this thread. step-up and be nice will you, no need to be brandishing handbags.
BR
"Please note some users may not behave properly and may post content that is misleading, untrue or offensive."

Correct, unless otherwise seen, Bamps is on a sabbatical