Member Info for jimmy2011

May be this falls into velas investment in igraine , and why brent has survived.Follow-on investments in existing investment portfolio

In addition, the investing policy will enable the Company to make, where the Board deems appropriate, follow-on investments in the Company's investment portfolio which was in place as at March 2025 prior to the change in focus to financial services and which predominately are companies in the disruptive technology sector.

Investment appraisal

In order to mitigate investment risk, the Directors will carry out a thorough appraisal of each potential investment. This appraisal may include site visits, analysis of financial, legal and operational aspects of each investment opportunity, meetings with management, risk analysis, review of corporate governance and anti-corruption procedures and, where the Directors see fit, the seeking of third party expert opinions and valuation reports. The Company will not have a separate investment manager.

Nature of returns

It is anticipated that returns to the Company will be delivered through a combination of capital gain, dividend income and interest on convertible loans.

Given the Company's expected percentage holdings in investee businesses, it will be unusual for the Company to seek or be offered a position on the investee's board of directors. However, in those instances where it is felt desirable and appropriate for Vela to appoint a director, the fee earned from any such post held by a director or employee of Vela would be payable to Vela and form part of the return earned by Vela on its investment.

Cash held by the Company pending investment, reinvestment or distribution will be managed by the Company and placed on deposit with banks so as to protect the capital value of the Company's cash assets. The Company may, where appropriate, enter into agreements or contracts in order to hedge against interest rate or currency risks.

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Well recently they uploaded their position in igraine, unless the agreement was made before, but I dought it.

At least there's a possibility of recovering investment via gem, bess, business plan.

Can't see them writing the investment off at its current value. Gla

Don't think so, be back at 0.76 to top up.

once the offer has substance.

Its gone tits up,

nomand has made so many bad investments a child could do better.and been , sacked, by , cooke.

404x called it right, the money they have raised is a **** in the wind, so how do they expect to invest and turn company round?

they need a revenue, and bess can produce that, they have 19% of that opportunity, and with the £200 k of cln's in place bargaining power to achieve a

income.

you can take a horse to water but carn't force it to drink.

profit to the brave.

Each time i read the rns, i come to the opinion that there is a few investments nomand made being , (looked in to )there is a era of miss trust within this rns.

but on the other hand, its not been written over night and the cln's deal with igraine is 4 months ago, so i read that as approved by new directors as acceptable investment.

i think, vela's new directors will be purchasing more in igraine to average down , but the free float in igraine is mini so a premium will be paid,

they can not sell as to far under water, and to deep in, recover a few quid in interest of cln's .

i think they will be taking the first project of gem at RTB to give a income .

and go from there,

as ive said before,

igraine/gem is the savour of vela/ caledonian holdings plc.

gla

When not if , this hits 0.0019, then i will lump in with £5k, until then , its a sit and watch,

gla who hold out,

hope it works.

profit to the brave.

News is due very soon on fix-it and gem energia over @igraine, 7.14% up on zero volume.

Leaky

7.14% rise on zero volume,

Rns logged?

Leaky, mm's.

News well due.

Looks like moving majority of my vela investment over to igraine may be the best decision I've made for a bit.

I shall ride the rest out, see what happens.

Gla.

Consolidation, springs to mind.

Well we asked for it , now we have it, cooke to take over the realm.

You have to laugh,nomand and fitzpatrick would never invest in themselves, but now participate in the Placing on departure.

Onwards and upwards one would hope .

Wonder if they will still proceed with the igraine agreement.

Gla

Typo.

any way, not.

before i am called a illegal immigrant.with spelling issue's.

Mcnol, if you look back i also have had a interest here for a long time, no troll, £25k deep, but im also no ramper on unclear rns, its what they dont tell you in the rns i look at. any,

noy falling out, its just a opinion.gl

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Not that slow mcnol in kent, did not get spiked today by the rampers, OFFER IS A OFFER,

my research tells me a few got the offer, in my book thats a opportunity to TENDER.

And you trust directors,phewwwww

get a grip.

Went to look at a new motor today,

on the front window it stated, OFFER.

i took it for a drive, the dealer wanted more than i could afford, so , sit down and negotiate,

reach a agreement, bit more than i can afford but hay not problem, i will get a small loan, ( placing)

GET THE PICTURE.

why is the market not being told of the offer agreements.

?????????????

no rockets today i think, bit of a spike, but those who look at full pic, hold back.

but hay, gla