Member Info for FigTreeHarry

Info from advfn board

I see

254.24m shares
Mcap £0.80m

Will check other boards later.
Time for tea now.

I must be getting old...!!!

I’ll check again.

Ok just checked :
Shares in issue 250m

Buys today = 105m
Sells = 72m

I would HOLD.

Or RNS this week?

Nan,

I bought in before the name change to SPAC. Easy to remember and buy.lol
It’s Monday, and it’s up 25% on close.
Volume is very high, although I haven’t checked how just how high, but def higher than 50% of shares in issue?
I hold a decent amount, different entry points, but wish i bought at 24p...lucky ones will be smiling i’m sure.

Market cap is still sub £1M???

Long way to go up this....
Let’s see where we are by Friday close;)

This is brewing a hot pot

Definately something happening here today

There is so much substance /information to digest on the 15 March 2021, announcment

Ferro-Alloy Resources Limited ('the Company' or 'FAR')

Strategic Investment by Vision Blue Resources and proposed appointment of Sir Mick Davis as Chairman



Ferro Alloy Resources Limited (LSE: FAR), the vanadium mining and processing company with operations based in Southern Kazakhstan, is pleased to announce that it has today entered into a subscription agreement ("Subscription Agreement") for up to US$12.6m with Vision Blue Resources ("Vision Blue" or "VBR"), a company led and founded by former Xstrata CEO Sir Mick Davis, and a limited number of co-investors ("Co-Investors"). Sir Mick Davis will join the Company's board as Chairman following completion of the Initial Investment outlined in the Subscription Agreement. Chris Thomas, current Chairman of FAR, will resume the role of Non-Executive Director on Sir Mick Davis's appointment.

Highlights

· Total funding package of up to US$12.6m at a subscription price of 9 pence per share (the "Issue Price") comprises:

o An initial investment in two stages of up to US$3.1m by VBR, a company led by Sir Mick Davis, and the Co-Investors including Tony Trahar, former CEO of Anglo American plc (the "Initial Investment")

o Further investment rights granted to VBR of up to US$9.5m at the Issue Price (the "Further Investment Rights")

The new appointment has to be announced very soon...
Has to be imminent.

Just Buyers...

Could be this week....

There is a LSE Rule regarding minimum float on the market.
Amgo had this low float issue last year.

Sometimes for companies there are ways to get round this when the majority of shares are held to create liquidity before having to be told or ordered....

One way around this is reduce your (director) holding.
With only a limited 38m shares issued and a lower float, even a tiny sale of 150k is positive.
Time will reveal the full story, but this is going up.

Why?

Answer:
Because BRH market capitalisation is “only” £26m.

Steady rise:)

...Under 40p is accumulation time. Imho.
I missed my opportunity at 39.5p this am.

Had to pay 41.5p

Strong close would bode well for next week now.

Agree Gents, any drops is an opportunuity increase my holdings.
An RNS would take this 50p+ and then it’s goodbye 30’s-40’s.
Under 40p is accumulation time. Imho.

For a stock with just 38m shares, it should move without 100+ posts a day...

Opening tomorrow could be the big breakout market now expects, ++ RNS news would be a knockout into 50’s.

(Been on the fringes a few times, up-down, up-down...)

Surely this week?

Keep daily posts to a minimum here, and watch - this will fly.
There is only 37m and yet the stock is at 75p.

Constant posting the same drivel every minute does not help this stock.

Less is more.

When the country opens up and millions are back on the street...
Attending venues
mixing openly..
And Tourism restarts..
Third wave

Folks will feel symptoms as expected and will use these free tests if they feel concerned, until any new Govt announcements.

This is anything but over.
South america and Europe is not looking good tonight.

Good neat summary Casper. Thanks
CE approval I’m hoping for next.
That has to be a catapult.
I notice the same folks and some newbies here...

CE Approval is imminent if I recall.

Let’s see what happens...