Member Info for Joil10

I think it's people being inpatient with the news of securitisation.

Could be tomorrow?

Either way I've bought the dip in my ISA... lovely

Or helium... as it were

Drill started in two locations (Positive news) and the price drops.

Fun and games here! Hold for gold

I did tell you!

here here

patience* oh my word. I need a coffee. Give me strength haha

It feels that way Marko.

All about patients and weathering the storm. It was never a get rich quick scheme. Been holding for just under a year now. Happy to hold for longer

We the investors don't know if there's any money atm but for him to say that would imply there is some... or he is expecting some sooner rather than later?

He holds the cards (info) so much more informed than us

Second time i've ever emailed in, I asked what the reasoning was for the CLN this is the response-

Dear JOIL,

thank you for your email.

Technically the Company has a funding agreement with an Asset Manager and can drawn down the tranche depending on its needs (typically for growth).

In addition, the wording “death spiral” is not correct since the Company can repay each notes also in cash.

--

I don't think it's as bad as people generally think...

Any RNS which wasn't the Confirmation of securitisations or tradeflow acquisition was gonna send the price south as the inpatients were going to sell.

This RNS confirms the financing for Tradeflow and is quite positive if you look into the details.
No interest loan, unsecured, up to 56 Million can be borrowed etc.

Not to mention the subtle nod to the NASDAQ.

You don't mention the latter if the company is going to death spiral!

Unless they know something we don't... which is quite possible

Unsecured as well... must be confident!

Angus....
The detractors will spin it to say that it's a heavy dilution and the company is going to death spiral.

The supporters will say that sometimes you need to take a. short term hit to make a longer term gain.

For me, it's average to positive news. Means we will confirm the Tradeflow acquisition. Also, nobody loans that amount of money without their due diligience so I suspect they are aware of what's coming from SYME.

Just so people know what it actually is...

https://www.syndicateroom.com/alternative-investments/what-is-a-convertible-loan-note-cln

Confirmation News coming in the next week or so.

Buy the DIP!!!!

When I sold at 20p after the initial IPO.

People are now stuck in here with high averages and huge losses. Will be a very long wait to see returns on that. Product launch doesn't mean product success!

I hope you all do well though, don't want to see people losing money!

Didn't think we'd be down at below 5p.

Sold my shares in SNT (which I think will come good still), for a bit more excitement/ larger opportunity here.

Soooo Helium? ...

think there's a decent thread on the expected news on this page somewhere. Should be good fun the next week or so!