Member Info for GetLucky

"The Company is preparing to fund the Liberator Phase I development on a 100% working interest basis and continues to explore all options for its future funding requirements while advancing its negotiations for a reserve-based lending ("RBL") facility of up to $100 million. Progression of the RBL will require successful drilling at Liberator and the Company is obligated to enter the RBL no later than December 2019 in order to remain in compliance with the terms of its Junior Loan Note Facility."

Odey's involvement is bad news.

Normally see a trend upwards at the end of Fridays.

Agree has been a good week for MTRO compared to last few.

Cannot get my head around why they did not raise the money after letting everyone know what they have found.

andy268 what is quick? you said the same thing 1 hour ago when it was already 3.5% down. then it came up and down again.
Do you think people need your silly running commentary every time the price goes down a penny?

Haneti Nickel Project Update RNS out.

Normally goes into auction at around about this time.

Why pre-cpr ? could they not raise more post CPR?

That's not how it works, a rally towards the end to £2+. Looks like you won't get to buy back in that range.

Agree and why pre-cpr?

Shares are valued by fundamentals not shorters. Current shorting on Metro has no basis. Holding strong!

Nothing on his DeepValue hunters feed for a 600p offer.

Do you mean with a deal or no deal? what is in the deal? ie. too many scenarios. There is no right answer to your quetion without if's and but's. In the short term I would see all regulations staying the same. ie. MREL requirements would need to be fulfilled.

RNS confirming how they plan to meet MREL requirements would be nice.

Davis bought 5.5%. So may have leant to Whitebox. Whitebox also shorted TCG.

Davis advisors

"Metro Bank has a strong capital position and therefore the flexibility to raise MREL at the right time for the bank."
Seems like MTRO has something up their sleeves. Whatever it is some action will need to be taken to turn sentiment and reach their MREL obligations.

Amers, why are you insulting me. I am an investor here - so p** off.

Bought 5.5% of the company on 18th Sept. hmmm....