focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Manu;
Why would I be concerned how many recommendations I get?
Manu;
Can’t be much fun going round the golf course on your own??!
TW very quiet on the excellent RNS issued today.
Perhaps he knows an RNS is coming out tomorrow confirming secondary bank credit approval sign off?
Did HA that he thought the next RNS would be regarding JQ?
HA told TW about a week ago that the secondary bank would sign off credit approval with a month. So, by deduction, JQ RNS should hopefully arrive within 3 weeks?
So is today’s rise purely down to a KOD tweet?
If so, can someone email BA to get his finger out and tweet every day?
Sharezy
Can you remember what he said? He mumbled something about Kefi and the banks getting into a huddle. Such a bizarre thing to say.
Did anyone pick up near the end of the presentation regarding; Kefi get in a huddle with the banks and thrash out what % Kefi will own? I thought it’s a 75% owned asset by Kefi?
TCM; when did TW state that he’d been made an insider?
Are you referring to the old news of over a week ago, prior to the RNS which confirmed the lead lender had signed off on the credit approval?
Pretty sure there’s loads of buys registered as sells this afternoon: my buy at 13.42.57 @0.665 listed as a sell.
Sorry Rob; my error. Was too eager to spread the news. Also one month, not 4 weeks.
For clarity; HA exchanging emails with TW (who was made an insider- my impression is he was made an insider end of last week/earlier this week)
States; credit approval from the secondary bank is expected within a month.
Fantasy;
Get a grip.
The big news that we’ve been waiting for is credit approval from the lead bank. We had that today
We now wait for credit al approval from secondary bank, anticipated within one month., which I have no doubt will be RNS’d. OK?
Rob;
HA/TW says secondary bank sign off within a month.
Fantasy.
Because the secondary bank hasn’t yet signed off credit approval.
When it has signed off credit approval, (anticipated time frame of 4 weeks), it can then, and only then be RNS’d
One would think that once the secondary bank has signed off the credit approval, (4 weeks) a significant re-rate of SP would occur, and hence no need for a placing.
TW exchanging emails with HA;
HA states that secondary bank approval should occur within 4 weeks.
This news and today’s RNS…….what relief!
Rob;
I know we all wanted today’s RNS to state everything was signed off, but knowing the lead bank has signed off “conditional final credit committee approval” is fantastic news. The fact that it’s “conditional” I don’t believe is an issue at all. All larger financial agreements are conditional.
FWIW, TW thinks a placement is unlikely with more TK news due in weeks.
Dan
Rob:
Another great find.
Please keep up the good work, you keep most lth's sane!
Great find Rob!
i love it when johnny***** posts on here…….we usually get a nice uplift in the sp after!
Fukutu
I don’t know if you’ve ever had a mortgage, but when the application goes to the mortgage company underwriting department, they give a time frame to provide a response. This time frame often slips and also it’s not unusual for them to request further information which then re-sets the clock regarding a response. That’s for a poxy £200k loan, not a near €400 M loan spread across several banks.
If it is a ship without a rudder, than f@ck you’re not on it, chipping in with your useless penny’s worth!