Member Info for FreeTheCaterham7

I think what Ivor is trying to say is, HZM won’t be in the FTSE All Share until we get a main market listing.

Mkt not open - a few stray orders still showing from last week - entirely meaningless.

Feb-22 copper is about 1.2% below spot. You'd normally expect it to be a bit above spot, but not by much in what is still a low interest rate environment. That is a negative, but it's not particularly grim.
For the forecast on the link you posted all they are doing is knocking off 2% per period. They are guessing.

The covid thing affects everyone but if it is an issue there will be vaccines for the variant within a few months. We are better at dealing with it now. Although the omicron appears to be materially more infectious, I haven't yet see if it is more or less lethal. Treatments such as SNG001 which are largely virus agnostic are also on the horizon.

The debt is manageable and indeed required in order to develop the mine to its full potential. Very significant progress has already been made in that direction.

You talk about a change in sentiment on RMM but frankly after the fall of ground in what was then the only working stope, and the hesitant and initially pretty ropey efforts at financing, sentiment here has always been pretty ****. That's why the gains haven't held - there are enough people who had suffered from the incompetence of the previous management to make up a pretty solid bunch of sellers. Sustainable gains will be made when RMM report positive financials (rather than positive production data) but the one follows the other and production data is very good. When the financials are shown to be as good the share price will follow.

oh sorry, i missed you reasons.
i've seen them now

@Monkeydluffey said"I and Al think a drops coming. Theres lots of reasons for it "

What are the reasons please?

How would anyone have got them below 7p?

I just had another look. It’s based on the FCA’s daily short positions report, which seems to mean it’s very up to date.
The requirement seems to be to report net short positions, so short positions to hedge a long position wouldn’t count because your long position would count against the short.

I wouldn’t have thought so. You wouldn’t short shares to hedge a long position, it would be cheaper and easier to just sell some of your stock and get exactly the same effect.
If you wanted to hedge a long position you’d more likely buy put options or use some other derivative.
Mind you, I don’t know how that shorttracker gets its info or what it counts as going short. Maybe it includes derivatives somehow.

It would be pretty impressive if shorttracker already had data on a short position taken after the announcement.

Had...

"Ha ha - Are they that desperate? Or do you have a special relationship?"
Are you referring to the 7p offer?
The finance scheme includes a (very small) right issue to existing investors at the same terms as the IIs got. That means 7p. Having promised the rights issue they can't just bin it just because the price has fallen.

Charts schmarts

We need to see profit numbers rather than production numbers

That’s investing for you.

Some very wealthy investment firms who specialise in mining seem to think there is value in hanging around. I’m more inclined to agree with them.

Why would you assume that everyone who took part in the placing are looking to dump immediately?

Convertible into fixed NUMBER of shares - Good.
Convertible into fixed VALUE of shares - death spiral

"posters get over-enthusiastic with anticipation of indefinite multi-bags"

This

This thing has a bit of a chequered history. I think because of that the share price will follow financial results rather than anticipating them.

What @Soundbuy said.

Spanky is that you

@iroller
The number of shares is irrelevant, except for a modest cosmetic effect. Whuy do you think it's important?