Member Info for Fevertreeman

And to think that the only prop for the sp over last 12+ months has been Schroder's buyback. Without the 700-900k daily purchases I dred to think where the sp would have been starting from before today's news. The Board must be wondering what next.....

Here we go again....1.25m shares traded and it looks like 2 chunky sales of c£83.500 aggregate one late pm and after late reported

Given that both RO & FiT are subject to legislation/statutory instruments, they're not private contracts, so breech of contract option unlikely for generators. So Milliband can change goalposts and amend the terms albeit must be fair...hence the consultation. If unhappy, generators response would have to go for Judicial Review....If this does go ahead, and every likelihood it will, then its bound to hit hard on UKW's expected project returns & NAV calc....really not good news given that we've seen them progressively miss targets, reduce NAV etc....and now this

Looking quite likely

Cluster f*** from a government that seems utterly w/o any strategy, any business sense or any scruples. Milliband is totally f****** up his portfolio. You either support renewable sector or you dont. If you are going to move the goalposts yet again for headline purposes, tehn dont be surprised if investors turn round and go F*** You. Having effectively shut down O&G production in North Sea - an astonsihingly suicidal decision by Milliband - they seem intent on driving away investment in renewables.

This wont have come as a surprise to Greencoat given they posted this at the interims. Susupect their legal team and advisers will be pouring over their contracts because this would be a major change and one that would involve some hard negotiating :

"We note that the Government has set out a timetable to develop reformed national pricing arrangements, and the Investment Manager will continue to engage with Government with the aim of ensuring an equitable outcome for existing renewable energy asset owners, and the maintenance of an attractive investment climate for new renewable energy assets."

Has it never occurred to you that this I actually a disincentive !!! She has been given free options that are already in the money. The woman is laughing at us as is Baines!

Couldn’t agree more! Having totally f***** up the fundraiser, which destroyed existing s/holders, Barrington who has virtually no shares in the company she’s paid for herself, gets her options repriced ( no such luck for her bloody s/holders) and a ton more in the money options Baines has the gall to suggest that this is an incentive. The woman trousered US$383,400 in 2024 ; the company has a grand total of 15….yes…..15 staff!

If Will & Alex, who’ve to date played a blinder building a credible RE extraction & recycling platform & recycling, are to take this vision to the next stage, that will convince governments, defence contractors, heavyweight investors to back them with hrs £/$/€, they’ve along journey ahead.

No doubt they’re aware of all this but it’s completely daft to start talking about sky high valuation without ensuring that the appropriate governance, management, financial & advisory structures are in place to support and nurture that growth. Arguably W&A already realise this, because by hiving off the mine/ refine aspects, the operational aspects are s/o else’s issues. Likewise the Hypromag roll-out model is based on partnering. So the more I look at this, the clearer it becomes that W&A don’t see themselves building a global recycling business, but it’s more about a holding company, which fits with their banking backgrounds.

However one views the future vision, they will need to increase bench strength at board and operating level, get off AIM, get heavyweight IB support & proper corporate comms. The management & governance structures are aligned for a small AIM entrepreneurial business rather than a group fortuitously in the vanguard of a strategic global industry. Am sure it’s not lost on them or Julian or their anchor shareholder!

If you say so.....but equally I could say just f888 o88

Too many folk are obsessed by the sp movement, plus or negative. Fundamental investing is all about taking a view on the soundness of the business proposition , the demand for the product/services, the ability to provide that at an economic return based on the quality of the manageement, the quality of the tech and the soundness of the finances. Put those all together and get an intrinsic value for the business...

So whats the current state of play? Is MKA it a sound business proposition (eco-recyling of RE at lowest cost + permitted mine/processing) = Qualified YES ; is ther e demand for the product ie magnets + processed RE = DEFINITE YES ; can MKA assuming all goes well produce a proper ROC ROIC = Qualified YES;

DO we have QUALITY MANAGEMENT = UNCLEAR buT POSSIBLY (to date management team hasnt been properly tested i.e. managing an industrial group at scale ; Quality of TECH = QUALFIED YES ...CoTEc love it, Academics spent £100m to date, world experts etc etc..; are th finaces sound =UNCLEAR...so far based on grants, small equity raises etc...will they need to raise more cpital + YES and is the BULL case based on NASADAQ SPAC = Definitely YES

Adding this all up - I am a qualified bull of the company and believe that it is in a great position, sweet spot, to reap benefit of RE strategic dynamics, wrestling back control from Chinese; do I think Will & Alex have the management capsbilities & focus to build an industrial group focused on REE recyling = PROBABLY NOT; but thats not to say that s/o else wont ; DO I think that finances are in good shape = NO as sp is heavily reliant on successful SPAC of Malawi...DO I think that W&A recognise this = YES...do they vierw the CO as undervalued? YES long term but in the meantime, there's a lot of hope & hype contained w/i the sp....I dont believe we have a mature, well managed business currently, but we may get there. I bught into the business because I think it has a future, but I think we've run ahead of ourselves for time being....

Jonathan Myers wtf are you doing? When was the last time this company showed anything like the level of dynamism needed? The strategic review was a case of shutting the door after the Naira Horse had well and truly bolted. Why did it take the collective board a strategic review to work out that that they had too much exposure to Africa, that JVs tied up working capital; that they had lots of excess real estate; that the business was woefully undersized to fight on as many fronts as it did? And now we have the situation where the flippin' CFO has decided to jump ship to the basket case that is Pets at Home which currently doesn't have a CEO because they were fired....what does that tell shareholders about Meyers, the Board, and the organic prospects for PZC. If this is a genuine recovery play then why jump ship!

The Zochonis family has a lot to answer for this mess as does the Board

Pretty much sums things up. Glad to see Mka finally clarified, tho why it took them 24 hrs+ is beyond me.

Postponed...i.e. they wont go ahead ....not abandoned

SPAC will definitely happen.....but not this side of Xmas.....the question then will be is sentiment still very strong, and has MKA put out more +ve newsflow in the interim....

Are you a shareholder here, and if so for how long? For full transparency I am and have been for 3 years....average price in one bucket is c9p ; in another bucket c20p

Couldnt have put it better myself .....

Give it a rest.....

Lol....well I didn't need to access AI to know the mechanics.....been through Nasdaq listings several times....

Bizarrre msg. I am a long time holder!!

I know there's a load of info coming down the turnpike, but specifically around the SPAC listing, it aint happening this side of Xmas because of the mechanics.