Member Info for Mesquida

How reliable is your source, brainspark ? And have you be given any details of the debt restructuring ?

True, this general theme has been bubbling away in the background for several months now, but yesterday's news has moved it front centre stage, and that can only be positive for Filtronic. Certainly one broker was looking for a large líne of stock today, and of course yesterday we saw a large buyer ( albeit matched by a seller ). I just hope that SCSW does not ramp it up again, as it tends to bring in a lot of punters who serve only to destabilise the price.

Presumably you have seen the news about the arrest of a certain Chinese businesslady in Canada, MenoMasso ?

If you do not respect Andrew Benitz, and it would appear that you do not, then why on earth are you invested here ? Seem to think that you recently intimated that you were some sort of bodyguard although I do suspect that you have a vivid imagination at times. Forgive me for saying this, but in my book being Chief Executive of a £50 million company deserves a somewhat higher pay packet than being paid muscle. Would you agree with this Graybird ? I really would like to hear your views on this.

Surprised that nobody has spotted the mistake in my previous post. It should have been Rule 26, not 28 !

The list of shareholders is not mandatory, nor regulated......I beg to differ. I assume that you have never heard of Rule 28!
But aside from that , when were Nokia given 7%. Presumably before the rescue placing some 3 years ago. In which case their 7% will have been diluted down, hence their name does not feature as a significant shareholder. Having been diluted down below 3% they could subsequently sold down, or sold out completely of the holding, with no obligation to disclose.

What intrigues me is that Andrew Benitz still seems adamant that we will be drilling Verbier this year when all the evidence suggests that it is more likely that it will be delayed until the New Year. Is it possible that he is aware of a potential change in the running order of the 3 UK drills, but is not allowed to say anything publicly at the moment.
And clearly the institutional buyer who bought 50k the other day ( one asssumes that it was institutional ) is not unnerved by the prospect of a delay. All very interesting.

How do you know that Nokia have a holding, MenoMosso ? They certainly are not listed as being significant ( i.e. more than 3% ) shareholders, so I am a little intrigued as to how you can be sure about this.

Yes, we really could be talking telephone numbers here, and the fact that Chinese infrastructure products are now viewed with a measure of suspicion ( and that is putting it mildly!), is a major bonus for Filtronic. For me the only risk right now is that somebody pops up with a cheap ( cheap in my opinion ) Offer at say 35p, and all the short term players think that they have won the jackpot! But I have faith that our Board is aware of this risk, and that is probably why we have seen a step change in investor public relations this year. But having said that it would still be good to see a major broker recognising the potential that exists here, and banging the drum a accordingly. SCSW is all very well, but in my experience senior investment managers need to be steered by people of their own sort.

Well, finally I can agree with you on one point. You are absolutely 100% right in saying that you are sure that nobody will act and invest on the basis of your posts. Over and out.

Let us get back to the main point, Graybird, you have posted "JOG said more shares to be printed next year". Please advise us all exactly where JOG has made this statement.

Are you referring to the RNS of 24th May earlier this year when the Company withdraw a special resolution that they had been intending to put to the vote at the AGM , whereby the Directors would have had the right to issue additional shares equivalent to 20% of the issued capital. This is not to say that the Company would definitely have been issuing more shares in 2019, it was simply a measure intended to give them more headroom should they consider it appropriate. As it happens, there was some institutional opposition, and the resolution was dropped. Your post however states that new shares will be printed next year ( your words, not mine ) as though the Directors can issue shares as and when they like without any regard to shareholders' best interests. This is not the case, and if you had spoken to Andrew Benitz ( and I very much doubt you have ) then you would know that is not the case. And before you ask, yes, I have spoken at length with Andrew Benitz, having been a significant shareholder here for a little more than two years. And no, I am not Dick Upham, but I very much resent the fact that he is now absent from this discussion forum largely due to your immature and uneducated ramblings.

Maybe I have misunderstood you post, Graybird, heaven knows where you learnt to speak/write English, but I believe that you have posted to the effect that JOG have said that they will be issuing more shares next year . As a serious long term shareholder in theCompany I am somewhat intrigued by your comments.When exactly did the Company say that they would be issuing more shares next year ?
Moreover I am bound to say that I find it unlikely that AndrewBenitz told you that his intention was to build a €1 billion company because that is not the sort of bullshit that he came out with when I spoke to go at length before the first exploratory drill. Come to think of It, I do not remember you posting on this board before the first exploratory drill, that tells you somethigdoes it not? As far as I am concerned, but others might disagree, your only contribution to this board had been to insult , and ultimately evict, Dick Upham, who in my opinion was one of the very few posters worth following here. Thanks for nothing , thank heavens that you will be back at school next week !

Yes, production is being ramped up nicely, and the iodine price is recovering ( and arguably could move much higher if SQM have problems increasing their production as a result of difficulties related to water supply ), but the Company needs to refinance before next June. Personally I do not envisage a problem, but it is clearly weighing on the minds of some potential investors.

L2analyst, are you able to post the rest of the October follow-up article. Thanks in advance.

Sorry Herron, perhaps I am a big thick, but can you explain your post .

Perhaps you should have stressed to graybird that your calculations are based at the lowest end of expectations. Furthermore, if Verbier comes in at the top end of the range of expectations then what does that say about the prospects for Cortina ? This could still be a 10 bagger from here !

Graybird, can you please explain exactly what your comment means, preferably in proper English.

You are having a laugh, aren't you? But then again, having checked our posting history I see that you are interested in UKOG, so perhaps your posting was actually a serious question. In which case I suggest that you refer to the Company's own website, you will find all that you need to know there.

Can you repost your comment because I too am not very sure exactly what point you are making.