Member Info for Lasata

Positively received by the market.....

Looks to make sense.....

https://www.londonstockexchange.com/news-article/ATM/proposed-fundraising-to-raise-approximately-10-m/14972680

REMX Etf strong in USA this week.......

REMX Etf in USA strong this week

Tin looking firm again today.....

Britain set to stockpile metals for electric cars to beat Chinese threat
Move comes as fears mount that China is ruthlessly cornering the market in the rare earths needed for the EV revolution

By
Alan Tovey,
INDUSTRY EDITOR
5 May 2021 • 7:36pm

This is why countries face such difficulty in achieving semiconductor self sufficiency. China has called chip independence a top national priority in its latest five-year plan, while U.S. President Joe Biden has vowed to build a secure American supply chain by reviving domestic manufacturing. Even the European Union is mulling measures to make its own chips. But success is anything but assured.

Manufacturing a chip typically takes more than three months and involves giant factories, dust-free rooms, multi-million-dollar machines, molten tin and lasers. The end goal is to transform wafers of silicon—an element extracted from plain sand—into a network of billions of tiny switches called transistors that form the basis of the circuitry that will eventually give a phone, computer, car, washing machine or satellite crucial capabilities.

No mention of RBW in Sunday Tel article......

Another good read...

April 28th

https://www.reuters.com/business/energy/china-ramps-up-tin-exports-rest-world-runs-dry-andy-home-2021-04-27/

March 30th 2021...but worth reading as it is unfolding as the article suggests.....

https://www.fastmarkets.com/article/3980892/how-the-london-tin-market-sleepwalked-into-a-once-in-a-lifetime-spread-squeeze-corrected

Tin price flying again today....

What other tin shares are there to trade?

Mark Thompson twitter thoughts...

"I like to think the unthinkable - it prepares your for extreme market events. My current musings are:
1. What happens if the LME warehouse tin stock goes to zero?
2. What happens if there is no cash offer for tin on the settlement close one day?"

Michael Waters has written a positive note on RBW recently

What level would a cash offer be made at per share?

What would the "run off" value be per share?

"As announced in the Group's most recent update to the market on 8 September 2020 it is expected that transition of the Group's investment management contract to WAM will be completed as soon as practicable. Discussions regarding a possible cash offer by WAM are also ongoing.

Since 30 June the Group has continued to reduce leverage and increase its liquidity. This pattern is expected to continue in the light of continued market uncertainty resulting from the COVID-19 pandemic and pending the change of investment manager.

If a cash offer for the Group is not completed the Board expects to recommend to shareholders that the Group's investment policy is changed to provide for a controlled run-off of the Group's assets and return of capital to shareholders. Any change of investment policy will be subject to shareholder approval."

What does will this mean for the share price?

Bid from Garda at 190p

SP at 199p

Why?

Views on todays results?

Decent results

Is this news bullish for HTG?