We would love to hear your thoughts about our site and services, please take our survey here.
Agree Slippery, apart from I don't think big investors tend to care what their average is, and so it's not that particularly useful for us to know what it is, one way or another. I mean, sure, JM will take as many 15p warrants as he can get his hands on, but I don't think the price he will want to sell them for has a lot to do with his average. It'll be far more about extracting value from his investment. Which goes back to what MC was saying recently: $400m NPV minus a discount as it's pre-production. We don't know what that discount will be, it may be large, but that seems to be where our bargaining position is starting from.
I'm not interested in a fight, but you said "this has now been changed" (albeit with 3 questions marks, so perhaps that's where the miscommunication lies!).
Anyhow, why "must" there be some meeting? There may be, but we don't get to have a say in every single decision HAA makes, so no reason why we "must" have a say in this either.
What exactly do you think would happen if somehow Kefi shareholders voted down the deal that was on the table, that has been thrashed out over many painful months, if not years, by several significant stakeholders, including national banks? I'll tell you one thing, it wouldn't be good for the SP...
I recall similar. There has been no official notification that this has changed yet, unless you've seen something I haven't?
That said, I didn't expect to have a meaningful say in anything anyway. The deal is the deal, and if I was HAA, I wouldn't take the risk of uppity Kefi shareholders screwing the whole thing over at the last minute unless I had to.
The reality is, as a small PI, your choices are limited to buy, hold or sell. Even if asked, it's not usually worth the effort to swim against the current.
100K trade, looks like a buy to me (18.74p. Trade before was 18.50, trade after was 18.55, later trades going through at 19).
Cautiously concur with Geng that the bottom may be in. Be greedy when others are fearful, etc.
He could, but I don't think he will. Why? He's a banker - not a miner. He could become a miner if he wanted to of course, but he has so much else going on between his other companies, writing books and trying to live forever, I can't see him wanting to take the time and energy to build a mining company. That's not where his interests lie it seems to me.
An unconvincing response to the points I raised. You haven't persuaded me to vote with you yet. Ah, but you're not actually planning on being the one leading the charge? You want others to do so? Yeah, that's what I figured. Someone needs to lead these sort of things, or nothing will happen. If not you, then who?
Go on then cegamer - get an EGM called. If you get that far, then fair play to you - you'll have already gone way further than the typical whinger. Then we can see just how much your motions will fail by. JM and MC have a 25% head start, and most probably won't bother to vote at all. You'll need to drum-up support beforehand I would think - not the sort of thing you want to just hope for the best on. If your motions get passed, then we can see just how much the SP craters by, when the CEO is outed against his wishes, or that of the majority shareholder. Then you want to dictate terms to large companies in the hope they'll bow to your will and meet your deadline? What's your plan if they don't? Oh yes, you said - hire the same company that we've already hired, but at a lower cost (good luck), to sell the same thing that they were trying to sell before you "helped". But without a CEO to coordinate with.
Have you done this before, or seen it done, to the benefit of ordinary shareholders?
Seingred. To imply that my personal choice of filtering Slim and Punter's absolute guff, is the same as "cancelling caution" is obtuse at best, and more likely intentionally disengenuous. Another of my personal choices which others are free to disregard, is the choice not to engage with those who choose not to debate in good faith. As such, I choose to say no more on the subject.
"never seem to be held to account"
Pull the other one! You do little else! lol
They can say what they like, but fortunately I don't have to listen.
https://xkcd.com/1357/
No bashing here CCC. Agree completely, but got bored of their childish nonsense, so filtered them a while ago.
Yes indeed we have, and that was my meaning with my previous post, though perhaps it was a little cryptic! Regardless of whether it is or isn't, the fact is, we've seen this kind of behaviour before. Once bitten, twice shy...
That said, this is cheap now, so maybe worth a punt. Not putting in anything I can't afford to lose 100% of though.
Or to put it another way - past performance is not an indicator of future performance. It cuts both ways.
Nice. Good luck.
Just seen the 6mil. The (average) trade price was 0.58. Therefore, it seems that is was just as likely, if not more so, to be a buy rather than a sell. Really makes no difference either way of course, but it is rather tiresome that those with an agenda will grab on to any evidence to further their cause, even if the data doesn't really fit.
Not too late to get back in SB. In fact, you may be just in time, this time! Fingers crossed!
Good luck either way.
Who, me? No, not yet...
Killed what? A Bed'n'ISA? Not in my experience. The broker usually handles it pretty well, it's not quite the same as doing it yourself.
Indeed. Wasn't a dig at you dd. Just expressing some general irritation with some other posts today.