Member Info for MickR

I wonder if these were worked buys as it was difficult to buy large amounts today but easy to sell?

Anyway, all shall be revealed soon hopefully.

LB28,

Yes, 28 February 2019 looks to me like he will draw his salary for the entire month of February. Who will pay that salary? Obviously the company which implies financing will be there in February.

Interesting times ahead....either way.

I am out until the new Nomad is confirmed. Too risky for me if for whatever reason the Nomad is not appointed in time. You only have to look at FRR today to see what could happen here. Suspension and delisting as per the corporate action.

FRR used to be darling of AIM at one point. I am always careful when a share is ramped to death like what is happening here currently. Despite all the ramping, the SP has been down down down since the spike.

DYOR

Well, I am looking at today’s news as positive.

People seem to have missed out the fact that the CFO is resigning effective end of February 2019. That to me implies that financing has been sorted post January 2019.

The speed with which the chairman resigned having only said the other day when the new CEO was appointed that he would continue working seems to me that something major is happening. Could it be a takeover?

The new CEO came from the Mubadala Group which is the sovereign wealth fund of Abu Dhabi...they would have deep pockets and the confidence to do what happened today in such a rush.

No wonder the production update has not yet been released, something HUGE is brewing and the recent rise indicates it is positive.

Today shook out the stale bulls/ weak holders who did not read between the lines....I can see 7m sells in red so that obviously took the SP down...but tomorrow is another day.

DYOR GLA

Nominated Adviser Resignation Date: 1st February 2019

GCM Resources plc has announced that Northern Capital Partners Limited has informed the Company of its resignation as the Company`s Nominated Adviser (Nomad) with effect from 1st February 2019. In the event that the Nomad has not been replaced by the 1st February 2019 the shares will be suspended. In accordance with AIM Rule 1, if the Company fails to appoint a replacement Nomad within one month of the date of Northern Capital Partners Ltd resignation, admission of the Company`s shares to trading on Alternative Investment Market (AIM) will be cancelled.

If the shares are delisted, following the delisting we will endeavour to provide you with a share certificate in relation to your holding, should one be issued by the company in the future.

ISA Customers
Due to restrictions imposed on ISA accounts, unlisted shares are not considered a qualifying investment. Certificates received in respect of ISA accounts will no longer be held within the tax efficient wrapper so will lose any tax benefits.

SIPP, Pension Trading Account, and Junior ISA customers
Unlisted shares are not considered a qualifying investment for these accounts and withdrawals are not permitted from these products. Consequently holders may wish to liquidate any holdings prior to a delisting becoming effective.

Guys,

I am confident.

Correct me if I am wrong but all this mess begun with Matomy buying an additional 10-20% of TI?

It already owned atleast 80% of TI outright before.

I do not think that the entire MTMY would be liquidated for a mere 10-20% of TI, surely the bondholders can take the 10% of TI that they lent their funds for. Rainmaker can also keep their 10% of TI if they do nt get paid, worst case?

Who is fooling who here? To me, MTMY looks like a good recovery play from a 7p base. Am I being naive?

Lee,

I do think ShareProphets are privy to info that us mere mortals do not have e.g. they have broken news of various placings before the actual news arrived e.g. in AAOG earlier this month.

Even though I do not take the article as gospel, I have no reason to think that they are bluffing and I always do my own research on the back of what they say as I like to hear both the pros and cons before making my mind up.

There are some good posters here who have been holding for years e.g. CV who know about the history of the share and the Blackrock sell of 68m shares seemed to be out of frustration than anything else.

If this was a pump and dump, the SP would be sub 1p by now on the back of no news as yet, the fact that the price is rising without any major sell off seems to me that the market believes positive news is on its way.

Good luck to all holders.

helu,

I am a new buyer having bought in on Monday, 21 Jan.

I must admit that the ShareProphets article is what drew my attention here. I like the fact that the Candy brothers are our majority shareholders along with financiers. If financing has been sorted and production is at 100%, it would be brilliant news and I do not see why we cannot have an Enterprise Value of 500m pounds, including the debt.

That would be a SP of at around 15p from the current 1.5p.

Hope2gain,

I hear you.

Fingers crossed for us all? Yes, it is a casino. I mean look at FLYB, CAKE today, us PI’s keep getting shafted right left and centre.

There is normal selling and then there is a rush for the exit. These sells look like the same person making a dash for the exit. What do they know that we do not? Why did they not sell last week when the RNS came?

Placing? Suspension? Nomad declined. This doesn’t look good to me and I have £10,000 pounds here at 40p.

Oh dear, those sells do not bode well....looks like I have been left holding the baby having bought in at 40p last week.

Looks like news on the way 2 trade gone through and MM's gone fishing by dropping the bid without changing the Ask.

KingJims,

You back in? I remember you selling out early this month before the rise to go into MTMY?

Looks like MTL and MTMY SP's will soon be at parity if MTL announces good news on finance and production.

Auction? Cannot buy.

I am expecting 80p plus today...market will re rate this. IMO DYOR

https://www.dailymail.co.uk/money/markets/article-6579001/MARKET-REPORT-Bumper-festive-sales-add-fizz-pub-chain-Mitchells-Butlers-shares.html?ito=twitter_share_article-factbox#mol-6ceda4b0-1519-11e9-bca2-d305b660a23b

The grant of the patent has not been fully understood...it is huge and I see another very sharp move up here like yesterday.

Mentioned in the Daily Mail today.

Guys, whether or not we are holders, surely we should all make noise about this shafting of PI's.
It could happen to any one of us in any of our shares!!

What a disgrace!!

Need to get the SFO looking at this. Absolute shambles. One of my neighbours had 100,000 pounds invested here.

Absolute sad day for holders!