Member Info for mattlilly

Based on last year's Annual Review announcement of FTSE250 constituents, I expect FTSE Russell to announce on 17th or 24th May that ATYM will enter the FTSE250 in June. To be confirmed on 31 May 2024.

This means that Tracker Funds and those with a mandate to buy a proportion of FTSE250 stocks will have to start buying them between 17/24 May and 31 May.

I expect the SP to be pushing 500p by early June, external factors excluded...

https://www.lseg.com/en/media-centre/press-releases/ftse-russell/2023/ftse-uk-index-series-indicative-annual-review-changes-june-2023

Ah the leviathan has awoken...7pm in OZ so maybe they were waiting for something...

ATs abound...

Maybe the 'Autotrader' doesn't want to be exposed to a sudden announcement and...

Based on the few days recently where AT trades were far more muted, I believe the 'manipulator' has been expecting news for a week or more...maybe the terms of any deal were being improved during that time...?

If we're promoted back in, this should give us a 35 million share buying boost...

The day before the MD&A

And hopefully after a funding announcement...

May 07, 2024 at 09:06 PM UTC

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

MSCI MAY INDEX REVIEW ANNOUNCEMENT SCHEDULED FOR MAY 14, 2024

London - May 07, 2024 - MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, will announce the results of the May 2024 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes. All changes will be made as of the close of May 31, 2024.

MSCI will post the list of additions to and deletions from the indexes for the May 2024 Index Review on its web site, http://msci.com, shortly after 11:00 p.m. Central European Summer Time (CEST) on May 14, 2024.

A summary of the announcement will be made available shortly thereafter on Bloomberg page MSCN, and Reuters public page MSCIA.

No Autotrades in the first 90 minutes and...

The quote has remained below the spread throughout...

MMs defensive...ATs called it a day...news coming...?

I still facncy Barrick, but lets see...the Chinese have to be favourites...

https://seekingalpha.com/news/4103321-ma-will-not-help-with-looming-copper-shortage-barrick-ceo-bristow-warns-ft?mailingid=35314351&messageid=2900&serial=35314351.6142&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=35314351.6142

Might have to wait a few weeks for that Adie...Funding first...

But you never know...the terms of the funding could kick off the bidfest...

All of the prospective bidders will know pretty much where they would start and theur BATWA...

Lets hope with the much better circumstances that its more like a quid than 60p as the endpoint...

Just look at Noront...

Hoorey

The Directors can't buy before the MD&A on 15th but the closed period only applies to those results.

We can safely assume that there was no firm prospective funding deal on 15 April, but there could be any day from now...

So maybe not even a couple of days...

Well done for your commitment BBG...looks like we both have a huge vested interest in this coming off.

For anyone who is holding back...I know its been a long haul and immensely frustrating, but for BBG and us, when it happens it will be truly life changing...

And based on the points I put forward earlier BBG, it could (should, ideally) happen before next Wednesday...

Otherwise, when the MD&A is published, even though the cash should be enough to last until end June or beyond, a figure of, say $7/8 million at most will make a lot of people nervous and I would expect the SP to drop below 9p again...

But even then...its only a matter of time before value outs...

Given that 'baseball bat Bob' was hellbent on selling the company from October 2022, we could easily have gone for say 40p last year...

Now we have a perfect storm of copper 'stockouts' and an inevitable rise to record highs well above $5...the possibility of $3000 gold...or more...and a gigantic battle for Anglo's copper assets, which will trigger the Chinese into action...

Plus we are in the early stages of a metals bull market (not seen since 2011) AND, as a result, the early stages of a Miners M&A frenzy that will gobble up existing producers such as ATYM and juicy prospects like Solgold...

60p anyone...?

Sorry DBW...our messages crossed...your posts are always sound and more succinct than mine...

Heres hoping mate...

Maybe Italian, but I'm trying to put an interpretaion on things that don't at face alue seem to add up.

And certainly those share purchases had us scratching our heads...and rightly frustrated some people because of their minuscule size while announcing a raft of options for Chris.

My timing may have been off in terms of something happening last week, but gold, copper prices and the BHP Anglo situation plus the growing number of ultar bullish notes on copper and impending M&A...

PLUS TEN EOIs on offtake funding, suggests the possibility that there is hard negotiation going on behind the scenes to get juicy terms which would allay cash fears; put an implied value on Cascabel; and stop the understandable cash concerns in their tracks...

So surely before the MD&A we will hear something...?

And then I thought...they must be working on a biggy, which would be worth waiting for but if needs be they could, as a last resort, launch a tender offer of the former CGP 155 million, because with the BHP Anglo brouhaha, rising copper (and especially gold) price, M&A momentum, etc, surely someone seriously interested would pay 20p to get, or increase, their foot in the door...?

Ouch..hit the post button by mistake...anyhow...

which would show up in those results and make the market even more nervous...

Finally, the MSCI constituents are announced mid May and by my reckoning we would probably want to be at least 10p to reenter the index, so...

Putting it all together, surely we must be expecting a significant announcement by the end of this week, that puts an end to the short term cash concerns and lights a fire under the SP just in time for MSCU tracker funds to drive the price up further...

As they say...its all about timing...

So it struck me...SC and CS had to buy when they did because they were entering a closed period for the quarterly results...and maybe the shares they bought was pretty much all they could get in a hurry on TMX...

However, this also suggests that they were expecting a 'material' announcement during that period, otherwise why not wait until after 15 May?

And then I thought, after 15 May the SP would likely be cheaper if nothing material had happened, especially in light of the tight cash position which would show up in those results and ma

Https://seekingalpha.com/news/4101058-copper-retakes-10kton-as-bullish-goldman-sees-potential-stockout-risk?mailingid=35290194&messageid=2900&serial=35290194.17117&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=35290194.17117

"All the big miners at the moment are keen to expand in copper — the primary driver for BHP’s Anglo bid."

https://www.miningweekly.com/article/bhps-biggest-rivals-sit-on-the-sidelines-of-anglo-ma-drama-2024-05-06

I have NEVER deramped on here...what planet are you on?

Nobody is more constructively bullish...

Now up to 80 and I'm close to leaving...

So much indiscipline, even by sensible posters, writing often about stuff nothing to do with SOLG.

18 green stripes in last 25 posts...

I know its tedious waiting for 'the big one' but we're not a chat room for anything but SOLG.

And there are sound posters on here who should be ashamed for being sucked into arguments and tripe.

I repeat. BY FAR the worst Board on LSE

Trading at 10.15 in Canada...again..Up 0.6...grrrr!