Member Info for LiquidSilver

H&W just posted….

Today, we welcomed the National Shipbuilding Office to Appledore. We shared our journey so far, as well as our vision and plans. Tom Hart, our General Manager in Appledore, took them on a tour of the yard’s facilities and giving the team an insight into some of the work currently taking place.

The volume and value is relatively very low.
Its simply a correction. 10% is nothing! The stock was trading at 30p a few months ago before the 20p placing. That's a quick 100% rise and more in my opinion on a deal announcement.

The share price hasn't been this low and therefore limited supply of stocks results in larger bounces up than down.

Selling at 13/14p is a loss unless you top sliced in higher trading ranges and managed to get the ave low.
Investors selling at these levels are a 'need' due to wider market conditions, which creates an opportunity, or you believe the company will again raise at a lower level and you 'hope' to sell now and buy lower.

Personally after raising at 45p/30p and 20p JW wont get the support again from institutions and dilution would result in a general meeting to remove the board. In my opinion JW wont raise again any time soon and will announce fundamentally company changing deals (finally) and the m/c and share price will rise significantly due to the squeeze on stock. IF JW announces the debt finance after any deal then the company will rise a lot higher.

Would be fun if people borrowed stock at the 18-20p level, encouraging others to sell due to the lack of news from the company for many months.

If any of the wind turbine contracts in 'advanced negotiations, looking to utilise all four yards' 'ranging from £30-170m land' then it will be serious fun

Bought ....... 01-Mar-22 12:50:27 13.9925 71,374 Buy* 13.25 14.00 9,987 ...... today and seemed to move the needle a touch.

Shows how little stock there is available at these levels.
Like another stock I will start buying weakness here in the coming weeks.

Andrew Bell undertakes numerous interviews and insists assays are due within days but always disappoints in timelines.

I’m still awaiting Andrew buying back the stock he sold or the other Directors buying stock in their own company on the market! His friend Mr Johnson continuously buys stock and so there are periods of not being inside and Andrew should follow this after selling his own POW shares.

Helpful you want the share price to rise and have influence, please suggest they buy on market and send a positive message to other potential investors!

Buying today;
15:12 0.712p 686,379 £4,887
15:11 0.712p 700,424 £4,987

Testing the market to see how much stock is available at these levels.
Seems good value at under the 1p placing by SI Capital, yes a few traders from 0.6 lows but not a concern.

Will continue to watch next week for weakness as I've heard Haneti assays will be due early March. My guess is Power Metal shareholders will start to buy Kat before news is due.

Looking back KAT raised at 1.5p then 2p and the latest SI Capital raise at 1p. Sitting at 0.6-0.8p level seems attractive and the market cap is attractive with 25% tied up:

Kibo Energy PLC 96,138,738 20.88%
Sanderson Capital Partners Ltd 20,000,000 4.34%

Guessing SI Capital investors from 2p averaged down at 1p and therefore the is a run away to at least 1.5p-2p on assay results and higher if as good as Paul Johnson (Power Metals) expects

Gluck

https://twitter.com/VNS_Global/status/1271419704800948224?s=20&t=Z2stdQVbnUntVHYkAar1Hg

https://twitter.com/m46843959/status/1496086728418938883?s=21

I guess we will see a TR1 from Align in the coming days and know whether they sold on the last run above 2p and whether they are as supportive and believe in their 'paid' research note.

I'm also sure DISH shareholders would say the same but review their RNS today.

I do think this is a good level to buy, but remember the company raised a lot of money (£m's) below 1p and those shareholders would probably if sensible be running free by top slicing above 2p - that said its probably a buy as a trade and sell into positive news as bigger players will.

Note it isn't a difficult market if Directors support their own companies in buying a position and not raising money to pay over inflated salaries and raise again 6 months down the line without completing on deals in the timeframes suggested. Investors have seen it all before and doesn't end well.

I guess there will be a mining licence granted and that would be a liquidity event for a lot of investors.

GLuck!

Why is he a good Director?

Timelines are never met on new projects, 100/1 share consolidation destroying shareholders from a few years ago (done once shows it can be done again), failed coal projects, failed white car project, failed Curzon Energy, doesn't hold a significant % position in the company, paid a huge salary each year for a small cap non revenue company and continued death spiral debt which needs repaying with interest......dilution has been incredible whilst he's been a Director at RGM and Corcel.

Does anyone know how much money has been raised in the last 5 years? Serious question!

Also the debt holders will sell into any positive news and keep the warrants - just like at the DISH/Amala Foods RNS today.

Correct me if I'm wrong but they have plc/admin costs of £1m per annum. How does this get paid without dilution every 6 months? Warrant money the board hopes (huge number of warrants at 1.5p / 1.6p / 2p) but will the share price rise to 2.5p and hold that level for the warrant holders to sell their normal stock?

Kenya gold assays expected this week?

Australian good assays - Helpful, do you anticipate the initial results to be announced next week? One thing we can be sure about is Paul Johnson (POW 49% JV) will look to release asap and promote on Twitter! The results should be good with old mines in the area and the desire for the assays to lead us to a spin out IPO

Helpful, can you advise the £value we spent on Elephant Oil and from your research approx what they will list at and the initial IPO £value to RRR? Thank you

Anyone have a live level 2 on Red Rock Resources?
Helpful - do you anticipate the assay results this week?

Believe they hold around 20% of the company.
Power Metals and Katoro will 'fund' current and future drilling (maybe Kibo if they participate in future capital raises).

Note Katoro raised £800k at 1p (above the current share price) in November. There are warrants from Power Metals (1.3p from memory) and that capital raise has warrants (1.5p) which will fund the company further for future drilling and other projects.

Current drilling wont cost that much and so will have funds from the previous raise for further drilling. Note their nominal value is 1p and so buying under 1p is maybe an opportunity.

The capital raise prior to the £800k at 1p was at 2p and trading between 2.5-3p prior to that. Could be a nice squeeze if they hit on this drill program. Paul Johnson is very excited over at Power Metals about this program.

The last time HARL did an investor event the company raised £8m at 0.2 from 0.3 - I would only accept an invite if the company actually RNS'd progress and not for a backrub at the dock; announce the break-even (was supposed to be end '21) and can secure the debt facility or RNS completion of a deal or two. Time to stop talking and actually show us they are deal makers

If the board have assays they have a responsibility to release to the market. That comes before the legal case.

Glencore are 'our friends' now?
A comment like that can get one a touch excited

The only winners in this company are the Directors and employees. John talks about his share holding but he has de-risked by taking a huge salary and bonus with Arun etc.

The placing was simply to pay costs and pay their huge salaries as wanted to announce a break-even point (which hasnt yet happened). It is surprising that the institutions accepted the 20p placing when they invested so heavily at 30p. Again trying to look at the positive they wont accept for a third time without either not investing or removing the board with a vote. Pressure is on the board now to sign deals and try to encourage investors into the 40/50p range minimum.

Another positive could be an offer for the company with the market cap and the business pipeline and the company breaking even.

I would suggest 16/17p is a buy but no thanks to the board or company, rather sentiment being so low

2 months on from the hugely discounted capital raise and still no news on the debt facility, December break-even or completion of any deals. Sentiment is certainly rock bottom again at 16/17p. Positive is investors will buy on news if that happens:

"One of the reasons for the placing was we are trying to bring long-term debt into the business, we have various term sheets for that, and by raising the placing we are able to significantly lower the coupon attached to the debt - and it breaks the equity cycle of coming back to market and raising more money."

For now I think this is a time to focus on the assets we have and the capacity we have got as we secure longer term multi-year contracts said John. "Our weighted contracts pipeline is a tad under 2 billion with a 38% conversion rate at the moment. These projects have a two year gestation period on them, so we are bringing in work now from two years ago."

"We hope to be at break-even by the end of this year and have the ability to service debt that we didn't before as our projects ramp up, so we see a significant debt facility being put in place. I'll be camped out on Arun's dooorstep to see the December numbers and I expect I'll be a lot happier than I have been."

Helpful, assay's this week?
Andrew has the habit of stating days and they become weeks/months later.
Would be nice to keep to timelines if he has the assay results and an understanding it will be 'within days'.

Invest when others are fearful, especially in a CEO...

Just look at the COPL chart and AM.....or PREM and GR......there are plenty of examples - big returns can be made, it is just understanding the range and pull back and news flow (which we all know is coming soon).....I still wish the NED's would buy some stock on market though as retail investors would pile in afterwards and momentum would take over.

IMO 0.6 in RRR wont be here for long!

'the other are NEDs. What being an NED means, is that they pretty much don't get involved'....

I would like to see these NED's buy stock on market. They are not inside like AB or could make themselves not inside. Yes corporate governance but there are a lot of NED's that can fill a board and actually buy their own company or give more in terms of market promotion.

The board should support the shareholders and become significant or major shareholders themselves. They take significant salaries and not just the usual NED salary yet do not buy stock like the average retail shareholder. Support the share price and build a position like the Directors hope others will and maybe more retail investors will believe and buy themselves. Not rocket science.

There is a squeeze on the share price at 0.5 - very hard to buy and being soaked up when sells come through. Let's hope AB does not kill any momentum.

Didn’t they just raise ‘ approximately GBP7.7 million net of expenses’ at a higher price than the current offer price?

Also they announced last month ‘ Notification by Department of Agriculture, Environment and Rural Affairs ("DAERA") of issuance of the Full Marine Licence for the Islandmagee Gas Storage project’.

Maybe watch the recent JW interview on lse