Member Info for faramog

Makes you wonder if there is a load more background buying going on ... all seems the big risk has essentially been removed. Arguably the balance sheet is stronger with a non-repayable $12.5m zero interest loan and still holding the share certificate .. none of that is reflected

Been like a spaghetti western .... 'For a few rand more !' still .. essentially complete now ... just Acacia to go

Depends what was found down the back of the sofa CC ...

'non refundable' mean it is not asset backed ... it means if bmn goes **** up the spr loose it ... meant to be a market flag of confidence

Yes you do cc 😂😂😂

These are the 3p shares are they not ... took 2 months for the TR1 mind !!

@ClarkG ... mmmhh .. interesting spot .....

I have no direct evidence other than we do know at least half was sold down. Can't remember where, but I thought KS had not sold all ... so if todays add is to 30-33m . 100m shares ? ....

The man is a trader .. maybe this time he will make a few quid

He just posted on Twatter .. bought 67m at 1.3p ... does this make his holding around 100m ?

Funny how all that buying dropped the price !

https://twitter.com/kamsattar/status/1764647682767814889

Saw that yesterday .. it is possible someone posted a KG conversion of a small uptick and multiplied by 2.2 (so 5.62)... that would still be a 12% rise.. but rather more believable

Jeez...what a bunch of wet wipes

Had V price stayed above $35 then this garbage would not be posted.. big state FFS

And with Craig's changes $35 would give knocking $30m EBITDA (at least)

Get a grip

Yes Lindon "A story right out of FM’s historical scrap book in fact"

I recall the late Pdub saying many times that in time when the 'story' is written it would be fantastical. Well, certainly a tale of over ambition and under-delivery, vaunted hope, bad luck and market timing

Yes .. I remember the Colt45 speculation .. all seemed a bit coincidental .. CC does not strike me as a SM type

The sales are not complete as they are all interdependent ... quite rightly stopping SPR just waltzing off with Mokopane (for example) for the value of donut

Its a whole package .... so I am pretty relaxed (just irritated).

As for cash, they have cash from the fund raise. It is just earmarked for the works planned (obviously)

there is no doubt spr will eventually pay up .... the text in the rns tells something i had not realised.... "..assuming, receipt of final funds by 14 march 2024, the company will have sufficient working capital until it receives the consideration due to it following the completion of the sale of the 50% interest in vanchem and its 64% interest in mokopane."

in other words.. they don't own half of vanchem or mokopane yet, so if it all goes **** up everything (rather more than the $9.5m) is possible to loose (along with their reputation

it is acacia that are playing naughty ...

Price halved in a month ! .. pump & dump !

Yes Fosters... but they have set deadlines twice before .. so forgive me they have form !

Ha ha !!!

corbine & dub ****tail anyone ... served with a light rusky vodka

Would we get a better return converting it to a Brewery ?

If it was a sale of course