Member Info for Maverick12

How about this FCA tell Amigo, NSF, IPF, MLC no news released until the Woolard review at the end of the month is announced....

How about this FCA tell Amigo, NSF, IPF, MLC no news released until the Woolard review at the end of the month is announced....

Have the vision to see past the current Mcap and cash, there are a lot of positives in play with ORM, Thomas Anderson millionaire businessmen probably being our biggest, the last thing he wants, is his shares diluted, plus we have his personal accountant Brain Timmons sat on the Bod protecting his assets, overlooking every detail and ensuring our tax losses are fully utilised in the deal....
* AGM 18th Feb
* No Debt
* £5.6m bank
* Mcap £8.5m
* €37m retained losses
* Spain gold assets £5m plus
* T Anderson 100m shares
* Due diligence ongoing
......Potential links to the deal.......
* Jonathan Henry CEO Giyani (EV) batteries
* Tim Livesey CEO ORR gold
* Richard Brown CFO Gabriel gold
* Thomas Anderson CEO Dunravan oil

The games a foot !
Mm’s couldn’t take it down before the meeting as not many shares available and holders were strong.....
But by announcing a six weeks delay, the inpatient holders sell....letting the background buyer mope up the cheap shares...

Don't get excited it not a new video, but it well worth another view...
https://www.youtube.com/watch?v=I2d3t7yr3mg&feature=emb_logo

Either way I believe TA is looking after our interest....which can only be a good thing

Why would TA not agree to the resolutions ?
My theory- because he’s a sharp businessman who has been advised by his personal accountant, they both know, that as soon as he agrees to the Res 6,7,8 the purchase would go ahead and be approved.
He's doing what any good businessmen would do, he's driving a hard bargain as he believe's that ORM can negotiate better terms for Giyani !
But until that is achieved ! it’s his only option / way of getting a better deal.

Patience will be reward - Its just a delay, nothing more, nothing else.....
Just for thought :- Just what if TA is delaying as he wants to buy the company, ask yourself why ? for me it would be to get AIM listing for Dunraven....surely thats a win, win
PS
Good post Ivans

TA is one sharp businessmen he won't be giving anything away, It could even be him causing the delay to accumulate more shares in preparation for a takeover....Not forgetting Giyani is in South Africa and its reasonable to assume that covid is causing the delay.....Don't forget the background buyer.

Games are afoot, with not many shares around, what the possibility of frustrating investors to sell, then mopping shares up....experienced investors will be prepared to hold....

Could there be an internal battle for control....
Adjourned to 18 Feb 2021, ahead of considering Res 6 to 8, so as to facilitate the Company continuing discussions with its largest shareholder in relation to these resolutions as they pertain to a potential transaction.

Work continues towards concluding the terms of what the board believes will be an extremely value enhancing opportunity, as expeditiously and efficiently as possible. While negotiations, diligence and legal structuring of a potential transaction are well advanced, progress to completion has been slower than hoped for reflecting limitations resulting from the ongoing pandemic.

Nicholas John Teunon was replaced by Jonathan Richard Gillespie....organic change which I totally except..

Haven't got to the bottom of the one yet but will post my finding on Miles Marius Cresswell Turner

Clarity on terminations and appointment dates from companies house.....
Termination of appointment of Nicholas John Teunon as a director on 30 April 2020
Appointment of Mr Jonathan Richard Gillespie as a director on 1 April 2020
Termination of appointment of Miles Marius Cresswell Turner as a director on 21 October 2019

I am expecting market psychology tomorrow ! so be prepared for the mm’s to trying and take it down to get cheap shares before news to sell back at a profit...
Hopefully buying pressure will be far too strong & investors far to wise to fall for their dirty tricks !
.....Looks like we also have a big background buyer.....

Apologies fastfood, I value your opinion and was a little snappy....I think they could be restructuring maybe in preparation for a possible takeover....
I used the term 'reasonable good' with reference to lending over the Christmas period, this was regarding Covid and the circumstances....

https://www.nonstandardfinance.com/investors

Check out this new video from NSF

I've been questioning why previous meeting were held at 11 am start of the start of week and this one has been changed to 3pm on Thursday !
My conclusion :- It limits the time the market has to react, we know there are not many shares available and I am confident the resolutions will get passed, so are we about to get the full blown version - purchase details and forward looking statement !
If you haven't taken a position before Thursday you'll be locked out and with limited shares available this could really rocket, Friday would be unprecedented.....
This is one sharp Bod full of top accountants and a fantastic businessmen in Thomas Anderson, believe me, every detail will be meticulously plan to the last detail......

Simple answer, sell up and move on...

3 post in total not one positive....New starter sounds about right..