Member Info for Dark_Knight2020

Massive tree shake before Monday deadline day..I agree that there is a good chance of an extension and the shares might get a further hammering if that happens. IMHO I don't see sidara walking away without trying to make a bid.

The funny thing is here. There are many morons in the UK and Europe who still belive Ukraine government is trustworthy..

Idiots here who keep going on about coal like its 100% of Glencores business are people who know nothing about the diversification of the glencore portfolio. COAL accounts for 30% not 100% !!!! copper is 42%. I already put these numbers up yesterday. Read the annual report ffs !!! The ones who pay attention know that copper will go well above the current price maybe another 10%. All the copper mining shares are down. Once copper starts to recover this will move back up. Coal will also recover as it always does over summer period especially if its a hot summer globally. Buy on the dip.

One way or another we will find out by cob Monday. Maybe an rns will get released today at 11am uk time or between 1-2pm when the US markets open.

Good luck for tomorrow all. I doubt if there will be an rns tomorrow. I.think this process will take longer. Wood ceo is a stubborn fool

It's seriously being manipulated to allow Glen to.do.buy backs at a much lower price.abd if that is the case then should not be allowed to do.that. last week it went up to 325 with lower copper and approx se price of coal and today with copper representing 42% of revenue at all time high this is down at 310p..very suspicious..unless some big player is offloading here which we will find out

Anyone had a look at the 8milliom share purchase by GS ? 2 Mill sell ?

I want to set the record straight here since a lot of people by the looks of it don't read the annual reports.

As of 2024

Copper 42%

Zinc 13%

Nickel 7%

Energy coal 18%

Steel making coal 12%

Oil 1%

Others like gold silver etc 4%

Coal os 30% mot 80% or 50%.with copped at all time high this should be higher regardless of the current price it coal

Thanks dave. My gut says extention and no gut feeling on rns tomorrow..maybe one on Friday or Monday

Jumped back up at the end... wait now till tomorrow, 7am or could be after the wall street opens .. my bet is extention. Only 2 more trading days not including Monday. Does the process expire on Monday COB ?

Sparta Capital Management Ltd reduced long by 700,000. Was it on behalf of sidara?

Good question where did the 4.7 million Blackrock shares go ? Transfered out what does that mean. Transfered to whom ?

Thanks Jonny for explaining. Not long left till the next chess piece moves. My view is that, Wood will reject the first offer. No doubt that Sidara will want more information on the Deliotte financial review. Hopefully the first offer will take this to 70-80p and need to see if Sidara will make a second offer or they might ask for an extention. I guess either tomorrow or Friday we will find out.

Ah ok Johnny so when the close shorts the have to buy back the shares which the have borrowed ,? What's your analysis the GS rns ?

Robbie, if I add up the shorts closed it adds to almost 1 million and then the sold 1.6 approx and bought back 573k approx which kind of makes sense if the closed 1 million and sold 1.6 ,to buy back 573k... I am not an expert. Just guessing. Others here know this better

No idea why sidara have sold the shares, maybe something to do with the cfd and short position closing. No idea about this stuff. But they definitely closed shorts and purchased half a million and closed million approx in shorts

I recon an offer will be made like last time and wood will reject it saying that it is undervalued which will give sidara another month to make a final bid. Or sidara will ask for an extension..maybe rns will hit tomorrow or Thursday. My guess is tomorrow

Use to start on Friday but changed during the clot shot scam

In uae weekend starts on sat in line with the western world. Also, doesn't matter if its ramadan, people are still working. With something like this they will work the weekend if they are required to.

What terrible performance by Glen I'm comparison to the other copper miners. Are the mm on purpose suppressing the share price so Glen can buy back shares cheap.