Member Info for HarChris

Try this instead: https://www.brecorder.com/news/40299891

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international cpo prices remain highly supportive, even if falling back a tad. if local prices continue to slowly tick up and the cashew operation gets properly off the ground from q3 onwards then there's considerable upside to be had from this lowly mcap of £6.5m.

board has shown confidence with director buys, let's hope they can pull it off!

It's easy to see gold falling and think this SP might follow but you need to give yourself a slap in the face if like me, that happens. After the recent fall POG is still $2330, at ~10000 ounces per quarter that is around $8.5m ebitda, more than 1/7th of the mcap every 3 months.

For a company that's debt free with long mine life and low cost options to grow substantially in size it's unbelievably cheap. Staggeringly cheap.

Edison Investment Research is terminating coverage on ABC Arbitrage (ABCA), paragon (PGN), Foresight Solar Fund (FSFL), Kendrion (KENDR), Lithium Power International (LPI), Triple Point Energy Transition (TENT), 4iG (4IG), e-therapeutics (ETX), Pharnext (ALPHA) and Shield Therapeutics (STX). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.

David isn’t the CEO at Poolbeg, he’s the business officer. Also most of that rise happened before he even got the job

Well no one can say Dave and Sandra aren't fully aligned with the interests of this business... nice that they are buying more despite such a big holding already.

Well running a diagnostics company that's sat on £44m cash is a reasonably big job, one that was well beyond the abilities of the past two sorry CEOs.

If you want the same treatment you're going to have to quit the medical profession and reach the highest echelons of business.

No one likes it but it is what it is.

I do agree though that today's rns is largely a non event, besides perhaps another "getting on as if we're winning the dispute' tick in the box

He's not happy that the SP is holding up better so is leaning in for as much of a moan as possible today.

Ignore it, things are picking up here.

'We've already seen the impact of LTIP's on this share. '

Exactly, they don't have much impact, if any. This is just essentially a way of giving the BOD 2.2m shares between them over a three year period and aligning their interests with ours. They could have doubled that and we'd have just had to put up with it.

The biggest take away is that they continue to act as if the dispute is going our way, for me that's the most important thing at this point in time with how many shares I'm holding pre resolution.

Yes but half has been sold/in the process of being sold to SPR for $22.5m and so that now comes out at $45m (non distressed prices). You can see how, when it comes to vultures sifting through the remains, we aren't likely to see a sum of well over $100m in total.

The first $100m would go to creditors, i.e mainly Orion.

At market rates the assets would still well exceed that but at distressed administrator prices I'm not so sure.

It's not about simply crossing £1.38 but being above that in three years time. Yes that is easily achievable but it's not a given, even if they win the dispute, it will still require they are successful and don't fail from here.

As I've said before it could have been far more egregious but at this modest dilution in three years time it will make no difference to long term shareholder value and they are now incentivised to see the share price go as high as possible as those shares can make them all multimillionaires if they maximise future value here.

You might not like it from a personal level seeing these directors enrich themselves but it's fine from a company standpoint.

Did your AI tool malfunction?

Yes Naewise I think this is a way to get around the fact that they can't buy on the open market now and won't be able to buy until after the dispute and the share price is a lot higher. So at least doing this now gets them a good future remuneration package.

Many management teams give themselves humongous options so this is really very modest to me and points to them truly expecting the DHSC dispute to go their way, so i'm happy with it.

I don't think it really matters, the number of shares awarded in total is minuscule - total shares would go from 70.6m to not even 73m.

Happy with this, ensures they are all incentivised and will still want the share price as high as possible, not just greater than £1.38

Stush no way and the directors able to buy shares right now - there’s obviously been settlement talks going on too, what if the likely difference in settlement cash is £60m vs £10m, that’s hugely material and something the public has no access to.

I think $4.5m-$5m revenue would be break even so as things stand around $95k BTC give or take $10k.

April's revenue figure will remain inflated as the halving effect won't be seen til May's numbers.

Right now TGR have to be thinking smaller. The cost to finance the Suni assets in Mozambique is simply too high, it's off the table realistically. What needs to happen is for profitability to be reached across Sahamamy and Vatomina without further dilution, that would then open up the financing options (minimise dilution) for expansion to 54k and with it considerably increased profit generation if executed successfully which would then open up further finances for Mozambique, especially if the environment by then is more favourable.

Pull off the above and we're talking a share price in the pounds rather than pence, fail on the first part (which is needed) and the cost will be extremely painful.