Member Info for formerlyeasyp

"Alex Chesterman, the founder of Cazoo, will have his shareholding in the company almost wiped out as bondholders take control of the loss-making online car seller.

Cazoo bondholders have agreed to swap the debt they own for shares in the company, swamping existing shareholders who will own just 8pc of the online used car dealer after the transaction."

Swamping existing shareholders......

You are all a long way from 60p but good luck.

I need to see some firm news before stepping back on board. Could be Skerryvore, UK tax or Net Zero policy change etc.

Today's drop an opportunity to add shares imo. I am not a technical investor but there appears to be a support level just under 20p. News of another contract will push the sp up 20% in one morning so happy to add, DYOR.

Good news, share liquidity key to fair prices and spreads imo.

It is also quite deep so not cheap to mine imo but still good news. Personally hoping for big news on copper in 2024.

Great margins on the business so well done loyal PMG fans here but......realistically this is a very $mall company with yes big aspirations. I might reinvest when there is firm news on Skerryvore and a kinder UK tax regime for oil and gas companies. Right now I am not sure it is a takeover target for anyone other than the kind of carpet baggers who grabbed HUR.

Clearly something moving the market could be news on the way or speculation and momentum trading. Not tempted to sell just yet and happy to buy on any dips should there be any. Oil & Gas far from dead in the UK and EU as the Net Zero idiots will discover this winter when the lights go out. The UK electrical generating margin in winter low single digits.

I am optimistic about POS winning a fresh contract before year end as their tech is in demand.

Maybe not but I might, 20% from a short term punt = SPQR. The smarter or safer option to salami slice a few on the way up?

Bought in this morning at 1.88p after reading the RNS.

Interesting company had not seen it until this mornings RNS. Is nuclear power making a come back, hope so.

"High-grade TiO2 values recorded from the surface rock chip sampling with many of the samples exceeding 10% TiO2, with the highest being 21.49% TiO2."

Not just good....outstanding imo. I would however like to see some copper in 2024....and maybe gold?

Two more RNS today, nothing much of note imo.

We need firm news from Sweden on Uranium Mining and the permits to start production in Mauretania. Neither I suspect will be easy to deliver for a number of reasons. A generation ago a mining company would simply bribe politicians into granting them the permits needed. Today businessess are legally obliged and behave in a more ethical and legal manner.

We stand or fall on our posts and posting history. Make up your own mind on my post below and act accordingly.

Had we all been invested in OBD 12 months ago where would the share price have been and what might we all be saying? Biotechnology companies are high risk punts that burn through cash quickly.

Some fail, many go nowhere for years but a few multi bag. Up to you but imo FAB is a risky punt now either buy more or belt up. Whining does not help.

Providing you hold your shares and do not sell early......

Patience and patients required.

Once the tests are in regular use the profits and sp will build imo.

"At the same time, we continue to deliver impressive assay results from the ongoing programme. These latest results from the Ewoyaa Main, Anokyi and Ewoyaa South-2 deposits have returned multiple high-grade and broad infill intersections, including 47.6m at 1.25% from 65.7m and 28.7m at 1.51% Li2O from 79.3m, which increase the confidence in the current Resource, whilst we have extended mineralisation beyond the Resource envelope in hole GDD0093, which intersected 15.5m at 0.83% Li2O from 182.7m at Ewoyaa Main, where mineralisation remains open at depth.

Expect more good news but this share only "rips" because it is illiquid. Not many shares in circulation so good news = double digit % changes. Do not sell if you enjoy this kind of ride as the market makers struggle to fill buy orders.

Does/did he have any credibility?

Not in my opinion. He over played an average hand, bluffed, was called out leaving many small investors nursing losses.