Member Info for Doc83

"Mr Professional and Mr ADW post exactly the same style"

What utter nonsense.

Professional had terrible English and grammar because he was Dutch. They are nothing alike. It just highlights how poor you are at analysing things!

Says a man who believes what MB says! MB who for the previous two raises said just weeks before we are fully funded for the foreseeable future with no intention to raise.

I expect a raise but it might well even be to put us in a better negotiating position when dealing with the likes of PC.

Thorn, which post you referring to?

“NEGs desperation increasing daily”

Abzzba, when you posted this there had been one comment only from a designated neg. The rest was from the rampers. So who’s desperate?

Has anyone else noticed that WOS’s posting volume has increased recently. He tends to do that just before a raise…

Anyway, commiserations WOS on GCM doing a Friday raise. And just for working capital, too. Ugh.

If it’s so compelling, so obvious, what’s the hold up with the bid?

So would I. That’s 7p.

“What would the entire business be worth to PC if they considered a complete buyout for the whole of PM ???”

3p? And I bet many on here would take that and end up glad they’re out of here after so many years.

I’m amazed how tolerant some are on here. We are now +2 weeks on from the e-signature being uploaded for signing and still nothing.

The very fact MB mentioned about having a plan B spoke volumes to me, albeit it’s very prudent to have one. Although I think any plan B will be much worse than plan A.

Indeed. I honestly believe we should shut up shop, batten down the hatches and don’t spend a penny more until PC and the MG play ball. They then all miss out.

MrsWOS, it sounds like they’ve agreed to it, so I reckon they will sign it at some point. But it could be a while yet. And then there’s the export licence and, who knows, maybe something else. IMO it’s all designed to frustrate and delay as long as possible, possibly to put pressure on so that we do fold or sell out cheaply. Good for PC. And maybe good for the MG who can renegotiate terms and not have to honour the reduction in all the sunk costs MATD can claim back.

You repeat yourself ad nauseum.

It's a fair question. Indeed, the most important question right now.

WOS, how long do you think is acceptable for an e-signature to be signed?

I hope that's not interesting or unusual... I have a few more shares than that, that I'd hope to easily be able to sell if I had to.

2UPTREND is my FRIEND!"

Well, there's short, medium and long term trends. Certainly in the medium and long term, the trend has been down.

Always nice buying things at discounts to their NAV, especially with the natural leverage you get. I’ve allowed AI to explain it clearer than I could, using investment trusts as an example!

Buying investment trusts at a discount to their Net Asset Value (NAV) provides natural leverage because you are effectively acquiring assets for less than their intrinsic worth. Here’s how it works:

How Natural Leverage Works

1. Discount to NAV: If an investment trust is trading at a 20% discount, you are buying £1 of assets for just 80p.

2. Market Recovery & Re-Rating: If the discount narrows (e.g., to 10%), the share price rises even if the NAV remains unchanged.

3. NAV Growth Multiplier: If the NAV itself increases while the discount narrows, your total return is amplified.

Example of Natural Leverage in Action

• You buy an investment trust with an NAV of £10 per share, but it trades at £8 per share (20% discount).

• If the NAV rises 10% to £11, and the discount narrows to 10%, the market price would be £9.90.

• Your return is 23.75% (£8 to £9.90), significantly higher than the NAV’s 10% increase.

Why Discounts Exist & Risks

• Some trusts trade at discounts due to poor sentiment, low liquidity, or underperformance.

• Discounts can persist or widen, meaning you may not see the natural leverage effect immediately.

• Some trusts use actual financial leverage, which can amplify gains and losses.

I'd be very disappointed were POW to be bought out for just their NAV.

WOS, of course he's going to say that!

Tray, I wonder if some POW holders have also given up and put their money directly into GMET. Of course we had Roger65 do this...