Member Info for jamesdean1989

Nice to hear Jeremy re-iterating that La Mancha and Orion are here to make many multiples of their initial.
also exciting to hear of substantial interest in V from Battery manufacturers and auto producers .
how this is under 7p again is baffling ... load up whilst you can !

On reflection- For Rio to chuck £500/600m at us now would be a good move for them and could be easily done.

I think the probability that ultimate end users of nickel for imputs in production have had a recent wake up call to look more at their supply chain structure has increased dramatically over the past few weeks , and I imagine they will be taking a serious look at where they can secure supply, whether that be with a trader like Glen or Traf or actually looking for direct tie ups I am unsure - but more likely to be the former -I think what's more likely is one of the traditional giants like Rio or Anglo going for an outright purchase just to secure supply for themselves - and this week may have made them look again seriously at the acquisitions on their radar

nice - back to where some of the biggest mining investors in the world decided to buy $200m worth at

there will be a 1-2% margin built into the agreement nothing more nothing less
end of discussion
FACT

gives us a market cap of £245m - for a fully funded build on a mine that will generating fcf till the cows come home in a few years time.
Called it very wrong post funding but gave ma a chance to buy even MORE under 6p.
would imagine we will be back over 7p very shortly

How people ever doubted this management is beyond me - yes its been a long time coming but what they achieved so far is nothing but exceptional . an exact word used to describe simon and Jeremy to me by someone better placed than anyone to comment on all things nickel related.
It wouldn't surprise me if the 7p RI to us lot looks a good deal by deal closure day.
Those getting on board today will see an exceptional return on their investment , those who bought at 8/9p I'm certain will still be feeling pretty smug next year.

1.50 in 2040.....19% CAGR - happily take that for my pension

MKA @6.6p
HUR @3.3p
CIR @16p

I have as much as time / void in life to sift back like you but that's the last 3 mentions I can see on my recent posting along with hzm at 3p.

offer still stands

contra - no one needs to discredit you , you're doing a very good job at that yourself.
as I said before please reach out if you want any guidance or good books to read to better your understanding/ knowledge base.

"Your all reading far too much into this - just a simple small prop shop taking a delta neutral position on the placement
Pretty easy arb to skim a small profit . look like their last position they took was on a similar sized uk bookbuild by cana,
wouldn't worry about it or dissect it any more than that"

The above is my post from 2 days ago ... so yes I'm very familiar with different strategies employed and I would expect nothing less - but the CLN are priced at 8.75 so unless I see any sizeable positions taken by parties linked to orion or la mantra over the next few weeks any further noise is pocket money for small traders. orion and la mantra will be looking for the core of their return from equity as they don't hold any secured debt. this situation for example is a lot different to say Gulfkeystones many moons ago.

"The only value that will out will be for the majors not PIs buying now"

Sorry I am somewhat by your post ? are the 'majors' getting a special price I don't know about ? as far as I can see new investors can currently get better value than the 'majors' by buying at 6.61p clearly giving them the opportunity to outperform even the majors... I think the lockdown may have confused/polarised your view of financial markets or perhaps you never really understood them in the first place ? I can suggest some great books if you require some help. do reach out.

Contra - I don't really quite understand your rational for posting other than boredom or to fill a void in your life, I appreciate lockdown was hard for a lot of people .
It boils down to 1 question ... who is likely to be correct - 2 multi billion dollar specialist mining Private equity houses who have stuck in $200m at levels nearly 10% above todays sp or some keyboard warrior from S****horpe spending his days tearing wings off flys ?
I think I know which one my moneys on ( have increased holding by 40% in the last week)
admittedly the market hasn't reacted how one would have hoped but value will out - anything short term is just noise.

I believe 8.75p

Your all reading far too much into this - just a simple small prop shop taking a delta neutral position on the placement
Pretty easy arb to skim a small profit . look like their last position they took was on a similar sized uk bookbuild by cana,
wouldn't worry about it or dissect it any more than that.

if anything the opposite - thank your bottom dollar they've got this over the line in time before any potential market pullback.
that being said I got an email from my broker this morning asking if wanted to buy some shares at 7p lmao.
maybe Jeremy never wanted us lot to take part in the first place

I'm 98% sure that the off-take wont be collared - much more probable to just include a 1-2% commission at prevailing market rates .

Finally got my account back- and what a day too - although have been staying in touch with 1/2 of you off board.
I wont cover old ground as its all been said on both sides.
Personally I think the deal is remarkable and I am shell shocked that people are selling up today... the very day that the likes of glencore and orion etc are buying c $200m worth at 7p - if you think your better investors than them then fair enough but I am more than happy to follow their lead and have been buying everything I can get my hands on this morning under 7.3p as I see an easy 40-50% from here over the next few weeks than I cannot see elsewhere and was always happy to hold long term.
There is serious value to be unlocked now that most on here seem to be missing and shares will slowly move from PI hands to II hands and rightly so and most on here seem pretty fickle.
I would point that the only part of the whole deal I'm a bit peeved about is that it was at 7p and not the 7.25-7.5p the vwap trades were indicating the last few weeks.
I would also point that the Glencore offtake is unlikely to be collared and is more likely to be at the prevailing market price at the time minus a 1-2% commission.

I remain pretty convinced that Orion are our cornerstone.

“ Once the funding package is released, I'll give you a run down of what the fully diluted position will look like”

That’s excellent and if you can point me to what time the 10 o clock news is on that would also be helpful thanks.