Member Info for gotreal

"BushyTailed

Posts: 4,016

Price: 5.40

No Opinion

RE: WHI BROKER NOTEToday 10:25

And who's been saying that JLP isn't cashflow positive?"

You have!! And you are WRONG!! 🤡

To be clear, I am not suggesting the basic business model is speculative at all, IMO it is a sure fire winner. But what it is worth at any point in time when basically it is still in the traps from the point of view of commercials is anybody's guess and therefore the price will fluctuate until there are some concrete data points to judge it upon. The market seems, in the last couple of years, to have the mood to discount future prospects heavily until they actually come to fruition and real numbers are reported. What may seem like a no brainer to you or I still requires volume sales and some big name uptake.

ChesterGreen, spot on! Bushy is so full of it...... It IS cash flow positive NOW! Page 22: FCFPS (Free Cash Flow Per Share) - 0.3p

Bushy is reading net cash as being cash flow (p.1) whereas it is cash and liquid assets minus current liabilities. The relevance is in the Cash Ratio - cash and liquid assets OVER current liabilities. As Chester points out the actual figure for net cash is (34.6) and the Cash Ratio is 32.9/67.5 = 0.49. While there is no precise figure for a cash ratio that is considered ideal, a realistic favoured cash ratio is generally between 0.5 and 1. This suggests that the business is capable of paying its short-term debts and freeing up liquid capital. We have nothing to worry about I assure you!!

The **** is "research hyphen tree dot com"

sign up here to access all 32 pages of it: https://*********************/companies/uk/industrial-metals-nonferrous/jubilee-metals-group-plc/research/whireland/jubilee-metals-converting-liabilities-into-assets-and-cash/41_2024022103573276180

"I never sold ,, sheep are stupid .

£2

Castle"

When a situation is as speculative as this the wise bank profits and buy back in cheaper. Who knows what the company is worth .... at the moment it is pure speculation and hope value.

Fulham John... "That's nonsense - there is no numeric percentage of creditors that need to agree. It is purely on value and that value is 75%" 🤡

Wrong .... hydrogen will be burnt directly in ICE engined vehicles and aircraft. JCB has already got heavy vehicles running on hydrogen combustion engines. They are the only way forward for industry and air transport and cars wil follow. The argument against hydrogen at the moment is inefficiencey of fuel cells. Well simply cut them out and burn hydrogen directly in the engine like petrol or diesel and that is what JCB have done. Here: https://www.jcb.com/en-gb/campaigns/hydrogen/hydrogen-van , so I think you are wrong.

If they NEEDED the extra cash then it would, without a doubt, have been included in the initial amount of the raise, wouldn't it? Simple. Management schoolboy error to not ask for enough. The company's financial situation, with minimal debt and good cash generation ( JLP's debt is well covered by operating cash flow (218.8%) and interest payments on its debt are well covered by EBIT (4.4x coverage) could have allowed them to raise term debt, especially when they were just announcing the financial backing of IRH.... ("According to the terms outlined in the BINDING funding term sheet....") Personally, I believe the raise was done to reward long-term, long suffering, strategic investors (Slater et al) to acquire a chunk of the company without having to buy in the open market at a critical juncture where all things are pointing up, and which they were clearly keen to do from the extra to the inital offer being requested, which was accommodated for the same reason. Did it cost PIs in dilution? Yes. Much? No. Was it strategic? Yes, to keep the major investors happy and incentivise some new. Most PIs here have diamond hands, as they have been invested for a long time, can see the future is almost upon us in terms of copper and chrome and aren't ars****e traders like deme and BT. To acquire 236 million shares in the open market would take (a) time and (b) drive up the price. A placing didn't.

When it stops going up every day short term money exits and most are sitting on super profits....so a few more sell and the price falls. Simples.

As it is the spread is absolutely ludicrous now.....

But that means the day's transactions are split between two platforms and unless you check both you get a false impression of turnover... I have never seen this before....

Thanks for the response ..... but they are not in the list of companies on Aquis.... https://www.aquis.eu/companies

Maybe I am being dim but why did that trade execute on Aquis and not AIM?? They are not showing in the list of stocks on Aquis.... and they floated on AIM.

Just bought 50K but the MMs are delaying the trade showing.... wonder why?

Then the liquidators will have to change the offer or persuade them that there is no better available.

MontiBurns ..... No - its >50% of the number of creditors...... If 100 entities are owed money, 51 have to agree with the propsal.

"But going by my numbers, SN’s debt would represent more than 50% of total creditors dues, meaning that any proposal made by SN (probably via new financing), he could vote it through as his debt represents more than 50%. And I believe for a settlement proposal to be accepted, perhaps it requires a simple 51% acceptance from the creditors by amounts owed and not by number of creditors. " It requires a majority (>50%) of the creditors who represent more than 75% of the debt: https://legislation.gov.ky/cms/images/LEGISLATION/SUBORDINATE/2017/2017-0091/CompaniesWindingUpRules_2023%20Consolidation.pdf

JCB has already got heavy vehicles running on hydrogen combustion engines. They are the only way forward for industry and air transport and cars wil follow. The argument against hydrogen at the moment is inefficiencey of fuel cells. Well simply cut them out and burn hydrogen directly in the engine like petrol or diesel and that is what JCB jhave done. Here: https://www.jcb.com/en-gb/campaigns/hydrogen/hydrogen-van , so I think you are wrong.

"Research and sharing ...... " All I see are myriad pointless questions of people who cannot possibly have the answers. We are passengers on this train; it will terminate at some point.