Member Info for ihowells

I was a bit slow juggling funds but added at 25.6p. I just hope that if the resolutions are passed, any capital raise is done in the right manner.

I have no problem allowing TERN to raise funds to protect investment levels in existing companies or to pursue other investments. What I don’t want is AS to raise funds “cos I can” at overly dilutive prices for which he has “previous”. TERN, through its investments, is worth more than it was several months ago. It would be nice if the company could raise the 50m, only if needed, at a max dilution, say 10% to the average price. Hopefully with the EGM in June, the 30 day average will be higher, but that depends on where the price goes in the next month I guess.

Yes Trojan, TERN hit 32p on Friday and is gaining a lot of attention both in US as well as Uk. I will wait to see what happens at start of the week before deciding where to top slice. We could easily hit 40p rather quickly IMO. My thoughts anyway.

Yes t seems that it’s investment in DA s really gaining traction especially with all the IT random attacks going on. But not let’s forget there are other great investments in the portfolio.

Riseup enjoy the vino this weekend and Violet love the French restaurant treat bit. It’s so important that you treat yourself when you get yourself a winner!

Well IG have the close ar 30.25p, up 44%.

Oh meant to say will top slice TERN at 35p.

At least one of the worries on a spike like this, the dreaded capital raise, can’t happen. The chance for the board to issue further shares was removed and highlighted in a previous RNS. A bit of comfort anyway.

Hey share the love as they say so well done both. I will top slice about a third of my spread bet and ISA position. Not too sure but as my average in SIPP is a lot higher might let that run a bit more. With this being AIM I would be wary of adding at this level but DYOR.

Rise up am hoping you got back in TERN, up another 20% so far today.

Hmmm interesting one that SJ. I have been in HZM for a number of years so luckily average around 4.5p. I picked up some at 2.4 and should have more ha ha.

I think there are a lot of pi’s looking at mining companies with EV minerals and good ESG credentials which we have in spades. Although we will shed a few holders after finance who will be happy and move on. There are also II’s that won’t invest until finance is sorted and we are close to production. I only intend to take partial profits but more at 20p area than 10p. Everyone to their own as they say. GLA.

Funnily enough I added to my position today as I wanted some in my SIPP. I just think a sale or IPO of some of its investments will see the SP soar. It's a hard one to call after the big move up recently but perhaps a reduced stake compared to your initial investment, to protect your profits still.

I am in Thor, not large compared to my other mining stocks. Multi assets and metals in US as well as Oz. New CEO as Mick Billing was frustrating for shareholders in not seeing a project to fruition. Lots of drilling coming up in various projects coming up so could be a good entry point. DYOR of course.

I agree there are positives to be gained from the raising and I have seen a lot bigger price dilution than 12.5% recently. If the money is made to work and it increases our productivity and brings other minerals in to play, it can only be a good thing. Plus as previously stated there was no forward selling by existing II’s.

It looks like an accelerated bookbuild with no reference to a public offering. I might be wrong but think there will be no shares to existing or potential private investors.

Yes. Sadly to get to higher production levels it’s not feasible to use carshflow. So is necessary. It is a lot of cash and can only hope there is limited dilution in the raise price. A sad fact of life when AIM investing.

A nice start to the day., up 10% in first 30 mins and seems to be getting some attention from both UK and overseas investors.

Yes was probably me. A big day today and I think it’s got more to go in the months ahead I think.

Yes me too, in my filturd box.I guess GReesy spoon will return if we have a small dip.

Yes I am familiar with the graph after being invested in many miners. Took some profit on a stock in my SIPP so added a small position there in addition to my initial spread bet.

Newbie on here and just taken a position for the first time today. Will look to add on any profits from other investments. I really like the opportunity here after going through the last company presentation.