Member Info for MadChatter

The bid right now is 6.3 expect another rise.

Is that on L2 Clanger? Where the hell did they get that from!?

Indeed. My thinking is that different types of news have a different sp reaction. This is a massive, massive marketing type news. Which isn't cash in hand... Yet. However would that type of news be enough to 5 bag the mcap to 25p? I'm not sure. So asking for thoughts.

From what I've seen 10p seems pretty reasonable. Would 15p be pushing it? Taking a balanced view.

I don't know about tern style rise (which I did profit from but not hugely), but AFAIK tern was not constantly in and out of NT before it jumped. If there were similar pressure here this would doubly explode simply because nobody could buy anything.

We do hear Matt occasionally from people who seem a little more "in the know" that multiple contracts are currently being worked on, and that they will be released in fairly quick succession.

But dyor and all that. Just sharing what I've seen.

I do know the director options don't kick in until 30p, and one contract with a large gap after won't get us there...

This is NT most of the time anyway, which really says something. When news actually lands here it will gap up enormously simply because the problem will be compounded 10 fold.

Yes.

AkzoNobel's Chelates business was seeking to enter into a joint marketing effort to deliver Itaconix's bio-based chelates to customers worldwide.Although commercial details were yet to be finalised, final agreements are expected to be completed before the end of 2018.

Which would easily push this to 8p minimum, maybe 10p.

Lol. People aren't supposed to "like" that, cheeky beggar. You can like it after I buy! haha

Can't even buy £50

Yep. Still NT through Halifax

No worries, I didn't actually answer your question. This is by far my main holding at 3.2p so I'm not looking yet to top up anyway.

Just typical, they are dropping the bid quite a lot, but it's still NT to buy. :(

To be fair, NT depends on the amount ££ you are looking to buy, and you cannot test buy without that amount in your account. So if someone has £10k to go in and it's NT it's different to £500 etc.

There is only one upside today that I can see.

GSPC have "submitted" 30 crore rupees, when they were only actually required to deposit 8.25 crore rupees and the rest was a bank guarantee.

I'm not seeing any trades over say £4k.... Makes me a bit suspicious, but i'm keeping an eye on this one.

What is going on with these weird share buys???? 2,4,8,16,32

Never seen that before! Is this MM code for humungous mega boom?

Thanks Spike. So we go to war with GSPC in arbitration. Which then is presented to the court and the judgement is made.

As I see it then, the judge has agreed that monies are owed. Fact. So GSPC cannot fight that. They can fight the amount however, which might take some time.

Also we are not due to start drilling until Jan/ feb. Which also means we can't reasonably make another cash call until next year.

So in other words there *potentially* isn't much going on here for a couple of months now?

Do we have anyone on here who actually knows the ins and outs of getting money out of court accounts during arbitration?

I.e. not just people guessing.

It happens all the time stuff like that. The actual time it was that price is probably seconds or a minute at most. In that time they have to coordinate buys and sells, including those who will pay any price at NT.

So it's all down to luck if you are the one person able to buy at that price, at that exact moment.