Member Info for Lupidog

He ramped us all the way here. Doesn't seem all that good at it.

The main issue is that we did believe in them.

The price move to accommodate demand. The MM's move where they think they will promote the most reaction so they make money. The drop appears motivated to increase sells, so they probably need shares.

We are sitting around our asset value. We have had nothing to suggest that funding or a JV is imminent. If anything the mention of an IPO seems to suggest IMO that we cant get a JV deal that is acceptable to the BoD. If we are reaching out for funding then we become very visible to companies that like to make a profit off the back of others inability to do so. When I say a cheeky offer I mean well above the current sp, but not the sort of returns many have been waiting years for. I think many would jump at the chance to make a small profit and move on after the stagnation here. As an example if a first offer were to come on at 1p who would jump? Maybe not enough, then revised to 1.5p, a few more would waver. At 2p I can feel the stampede. Many would not want another 4 years of reality not quite aligning with RNS's. We are in a danger zone and If we don't get moving soon there are much worse outcomes than a take over.

to see something very soon. IMO are ripe for a takeover if we can't fund our valuable assets. To many people to far below water who may be tempted by a cheeky offer that does our assets no justice.

Yes. Although judging by the MM's today it could be just to take advantage of the first one. Are we due another Warrants RNS?

The foundations get stronger and the base price is underpinned. Nothing wrong with the MM's doing their job and making themselves money. News like this is good as it shows work progressing. The assay results will move the sp one way or the other.

Depends what is in the second RNS.

I agree Patrick, it won't change soon and a decade is a good time frame. As I believe, electric will be a stop gap to hydrogen and then find itself a niche. But coppers time is now and we should already be producing. Look at the global stock levels. If copper becomes to expensive, then the obvious will happen. Money will be spent to find an alternative and the price will drop. We need to be taking advantage now. We have wasted 2 years of production and production increase into the demand. Now we are playing catch up and we may catch up to late.

Did everyone see these images? https://www.rns-pdf.londonstockexchange.com/rns/2464G_1-2020-11-23.pdf
Copper, Gold, Frankincense and Myrrh.

What a rather nice morning. Another re-rate. Interesting times. Tempted to put the decoration up early.

Thank you SoS.

I am going to keep asking this one as it seems such a basic question to which no one has yet answered.

I will agree to disagree. Having worked in the petroleum and oil sector for a very long time. I see Hydrogen as the clear successor and so do the main Asian vehicle manufacturers. Battery Vehicles will have an application as short distance city cars, but simply cannot replace the freedom of petroleum. Hydrogen Cell technology can and will be the full replacement and battery cars will be a convenient stop gap, until technology pushes ahead. More money is being spent on Hydrogen Cell research than Battery, despite what Mr Musk would have you believe. SML are in the middle of a Copper Rush and should be taking advantage now. 5 years time will be to late. The ship is sailing and we should have boarded 2 years ago as per the ream of RNS's telling us we were.

what I believed to be a very valid question. I don't know and it appears no one else does, or is reluctant to assist. Could someone please explain how AisaPhos will pay for MMJV when the price seems to be around 3x AisaPhos's mcap.

Huyndai say differently.

It is about the infrastructure. The charging infrastructure will no be needed.

But as I have found something I really either do not understand or am missing something I can't see could someone please help by explaining:
AsiaPhos has an mcap of 20m usd? Are they raising money or am I reading this wrong? :
Under the terms of the AsiaPhos SPA is to acquire MMJV by way of a reverse takeover transaction to be satisfied by the issue of AsiaPhos shares for the lower of i) Singapore $72M (approx. GBP40.5M) or ii) fifty percent (50%) of an independently Agreed Valuation (as defined below).

For example the last 6 red trades, 5 were buys.

If you are well versed in trading you would know that those volumes reflect the marked sale or buy. The do not represent the reality of buys or sells. They simply represent trades concluded above or below the average. Reds and be buys as much as blues can be sales.