Member Info for MadChatter

If they could buy a big chunk of that this would easily jump over £1.

Any thoughts people on what they are going to do with this £4.5m? Buy into the next seed round of blue nalu?

This is a super fast growing sector they are in. Just look at bynd, up 600% odd in a few weeks and still climbing. Sector estimated to be worth $140bn in the not too distant future.

We own 2% of Bluenalu, prior to their IPO. I don't know about working relationships.

Does sort of make you wonder why they wouldn't just rto into this. But I guess it's not what the bod want?

There is no overhang imo. The shares will have been pre-sold (as they *always* are), by anyone who is not an ii.

A price could not rise this high without an overhang having cleared already. If it hasn't then it must clear by the end of today imo.

Mention on Twitter that because of Bynd valuation this could be hitting £100m mcap. What is the realistic chance this could be even a quarter of that?

How much did they put into bynd?

Hence the suggestion earlier about a merger etc with humber energy. Which would make a lot of sense.

If this is bigger than horse Hill, remind me what ukog went to? £500m+

Boom there we go. Awaiting the rocket!

You can be damn sure they are working incredibly hard to resolve this. Every day is lost profit, and 94% of the shareholder pressure here will be bearing down hard to get this sorted asap (I ignore the pi's as we are a tiny piece of the puzzle here)

Hopefully within days, but that is just my thoughts.

I'd say realistically, given the fact the ore has been diluted, and taking into account reduced labour costs, this will probably settle around 80p after it recommences. Which would be an amazing quick turnaround for anyone buying in now.

43.6. Shpuld be a great day today. I will be surprised if this closes below 50p to be honest.

Probably, yes. But as I see it ii are very unlikely to sell at this price due to them losing a lot. Meaning it's only small pi who will be selling, and most of them will be in a lot higher. So basically hardly anyone wanting to sell at these prices. We shall see anyway!

Free float 5.61%!

Closed in auction 5% up on the books.

To be fair, it was huge but it was absorbed easily.

As I see it, there are reasons this dropped from 236 to 96, which (brutal as it sounds) are not my concern. From what I gather punitive inter group funding to reward the few. What is far more interesting to me and hence a very strong buy is the fact this dropped rediculously for what is essentially a resolvable labour dispute!? As you say 70% owner and where else would you find a producer this cheap! This is a cash cow and I fully expect a resolution in days, not weeks.

His looks to me to be a ash cow for the group. It will not be down for long.