Member Info for Danielm89

Not much stock left sub .09 🤔

Overhang feels gone… let’s see

GBP looking mega today

Imagine they farmout walvis with a freeride and cash

Be 3m mcap exploring 2.9b barrels and a humongous gold asset cherry picked by the guy who spearheaded GGP

Very positive price action today

Applied for it the exact year he left GGP 🤔

Callum Baxter applied for the current licence in 2022 and the licence was granted in 2023.

So much potential let’s see that tr1 3m cap is crazy

GBP

Very positive price action today

Applied for it the exact year he left GGP 🤔

Callum Baxter applied for the current licence in 2022 and the licence was granted in 2023.

GBP

Bonds up a smidge again

In this context, should there not emerge an RTO, Amigo will hold a separate General Meeting, at a date still to be determined

Wonder if any details will be shared re the speculation on alba at the agm

Bond price up again 🤔

Only thing I can’t quantify in my little brain is this asset sale..

White knight moment maybe?

Who knows

Be hard to buy news day id imagine

Just had a crazy thought

But $6b of rev next year

Debt $780m

Cash $200m

New debt will free up another $286m

So probably taking on $1b of debt but will have $500m cash and an order book of $6b raising upto $60b (potentially)

Probably need $100m to secure the debt

So worst case scenario

100m raised at 5p

Giving an mcap of what… £120m at 5p?

Thats worst case… in the derampers view

Largest holder is a billionaire sitting at 80p he’ll probably want most of the placing you’d think 🤔

Then all new shares will probably be sticky and need voting in

The day they announce this packs it does 200%+ I bet with the shorts scrambling to close out..5p nobody is selling it’s pointless… traders and new investors will scramble to get in and 9% of the float needs to close with mms probably running short books too

Buy and sell price the exact same

Could sell for more than you could buy at times too

Bonds up too

Live quotes are all over the shop

Think a short is spooked

Just the start probably

Backtest on the chart.. but still looks good

Further detail on these initiatives will be announced in due course.

Craig Coltman CEO of Bushveld Minerals commented:

"We are pleased to receive these funds from Orion to enable us to reduce long outstanding creditors balances and allow us to advance our turnaround strategy at Vametco."

Apologies wrong group, working off my phone 😏

BMN does look feisty though

BMN looks interesting

Some nice volume here today 💪

“ Last month the British Business Bank, a development bank owned by HM Government, launched a £150 million investment fund for Scotland, unlocking additional funding to help smaller businesses and McColl says the team at Alba has already had discussions with the bank.”

https://www.heraldscotland.com/news/23897051.tycoon-jim-mccoll-business-solution-smes-can-bank/

Jim McColl, Non-Executive Director said: "I have been working with the Amigo team for several months and have found them to be passionate and hard working. I am delighted to join the Board at this time to help try to find a new role for Amigo. A particular area of interest will be to explore the opportunity to build Amigo through acquisition as a wealth management focused group, supporting SMEs and high net worth individuals, as well as potentially providing back-office software solutions to support other developing finance platforms."

“ Last month the British Business Bank, a development bank owned by HM Government, launched a £150 million investment fund for Scotland, unlocking additional funding to help smaller businesses and McColl says the team at Alba has already had discussions with the bank.”

https://www.heraldscotland.com/news/23897051.tycoon-jim-mccoll-business-solution-smes-can-bank/

Chart = bullish (gap at 1.5p 👀)

New director = billionaire and bullish

Rto ? Plenty of opportunities… but all roads lead to Alba

What an opportunity

Here’s the reality of this trade

Holders get a chance of something..

Punters get a chance of something..

Can’t delist until a general meeting is announced anyway (so no nasty surprises)

Cashed to the end of the year

New director = bullish statements

Float getting tighter and higher everyday

So you can either

A. Cry like a petulant child that something is going up and people are making bank… resulting in you looking like a sccccuummmbag

Or

B. Ride it 😜

Sometimes better to not fight the tide and roll with it

Seems so obvious that AMGO is about to become a billionaires banking play thing