Member Info for Hazbeen

So how will the Co rates £3.3m
How will director offload 30m+ ?

Price has held up considering recent funding raised , but there still
Is more twists and turns ..on watchlist

So needs another £3.3m as long that is it

EarlofAim
Listen from 27mins.
£3.5m needed to ramp up to 1500t, so only raised £1.5 from bond loans and dilution .
Another £1.3m needs to for the BFS
More dilution coming ... .. she’s price ticks up then down as seller throws more in

EarlofAim
Listen from 27mins.
£3.5m needed to ramp up to 1500t, so only raised £1.5 from bond loans and dilution .
Another £1.3m needs to for the BFS
More dilution coming ... .. she’s price ticks up then down as seller throws more in

Big seller around , is clear to see
Explains where all this stock is coming from

Earlyofaim, you come across I’ll informed and ignorant

Read this , now why would a big buyer buy knowing these many shares need to shifted
The strike price is the key . 33m at 10p as an example to get £3.3m for his divorce settlement
RNS dated 19th March
Ferro-Alloy Resources Limited Director Lock-In & Orderly Marketing Arrangement
Source: UK Regulatory (RNS & others)
TIDMFAR
RNS Number : 7121G
Ferro-Alloy Resources Limited
19 March 2020
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
Ferro-Alloy Resources Limited
Director's Lock-in and Orderly Marketing arrangements
Ferro-Alloy Resources Limited ("Ferro-Alloy" or the "Company") (LSE: FAR) announces that the Company has recently undertaken a marketing exercise with a limited number of potential investors to seek to place shares for Nick Bridgen, Chief Executive Officer of the Company, in order to make partial payment towards an existing c. GBP3.3 million outstanding divorce settlement with his ex-wife. Given the unprecedented market volatility and lack of liquidity due to Covid-19 there has not been sufficient demand to successfully complete the planned placing.
As a result of the uncertainty as to the length of the disruption being caused by Covid-19, Mr Bridgen has agreed to enter into a 12 month lock-in over the 64,738,800 ordinary shares in the Company he holds (subject to waiver by Shore Capital and to certain customary exceptions) (the "Lock-in"). Mr Bridgen was subject to a 12-month orderly marketing arrangement entered into in conjunction with the IPO of the Company, that was set to expire on 21 March 2020, the Lock-in replaces this orderly marketing arrangement.

This value cannot be unlocked until the BFS has been completed
Gawd knows when that can be started and completed and paid for

Calm down

T2b

whats new then?

exactly one year behhind schedule , and that is if it is completed by april 2021
making the right noises, but we have heard all this before.
i wish he would something about the BFS and only that will unlock the value here
on hold as no money for that yet

Alfa,

Lol...I was thinking exactly the same..NB will throw out newsflow to raise funds for sure.

but one to keep an eye ..money to made hear..but no rush yet

buy..delayed buy..cleared overhang of stock..caused tick up

Oh and nothing about how he can finance the BFS
Which will confirm the economics of Bala Project

No point buying on those results . Have a look this time next year . Needs a rabbit of the hat on financing without more bond issues or dilution .
Still need another $4m

There will no price sensitive info on the CRUX interview.
this has to be RNS'd
CRUX will just be an update on progress and repeat info.

PPL are really playing too much into the CRUX interview. It will be a an excellent way to continue to sell the Co to the wider public aaudience who still have not bought into the story

always possible Patrick, but too early to say yet.
Like i said before the BFS will show the true value of the asset, until then the market will not price any of it
An offtake or royalty deal will change things too
I just feel with lethargic progress and approach the BoD has, it will be not until next year we may see real newsflow

Worth £35m market cap now...too high even now for me

broker target £1.71..above £600m..market cap...do not make me laugh.

Long way to derisking the Bala project yet....how much revenues will they make after Spring?....
Anyone know

Trojan,

Looks like a copy and paste of the RNS..so whats new?

more jam tomorrow....almost a year behind schedule.
Another 6 months to install the power line to the Operations...said last January will be ready by April
Possibly one more cash raising is my forecast.
Still need at least another $2.5m...to cover the BFS study yet amongst other things..

Boy desperate stuff posting old news of first day of listing. .
You have just proved how little progress has been made since then .
Until the next placing , and then will another bottom
Tell me where will $4m come from admitted this small amount runs out

Do not panic

You are clueless ... those steatendnt habe been re-hashed for last 12 months .
they have no money to pay for 1500t ramp up .
Director is not gonna when he needs to sell his millions and know he
Will dilute futher.