Member Info for mogwhy

2cv - how does that work?
Bed & ISA means to transfer from outside an ISA.

OMR - you can't bed & ISA £25k's worth of shares.
More likely to be a rollover or some sort of transfer.

dazaliam - possible but unlikely. Not until all the permits and licences are in place.

Wow, $480m profit pa.
Load up folks !

ivenoidea - another reason the share price being where it's at today is the
ever present threat of dilution.
From the RNS of 14 Dec the cash at bank at that time was £1,706,000
From previous company statements, cash burn is around £400,000 to £500,000 per month.
They'll need to do a cash raise in the next month or so.

Wrong Alpha
1 divided by 1.618 = 0.618

gambitxjs - can't tell if that is a serious question or not,
but 0.618 is the inverse of the fibonnacci golden ratio.
All technical analysts know this ;-)

I see the bulletin board bully boy police squad have been
out in force this weekend, displaying their ignorance of a
subject which they obviously know little about.

TA is valid trading tool employed by professional investors,
financial institutions and hedge funds, who spend eye-watering
amounts of money employing the brightest brains available
to develop trading strategies based purely on TA.
Low volume AIM stocks are not the best arena for deploying TA tactics,
but there are still many TA methods which can be used to identify
entry and exit points of profitable short term trades.

Take a long hard look at yourselves before you continue to
denigrate a minority who choose to tread a different path.

I'd mistakenly thought there was a 1 year non call period, but in fact it's 2 years.
So yes, FCF should be plenty to pay off the loan and fund other developments.
And of course the E5m grant will give us a nice boost.

"The Loan is for a scheduled term of five years, with a two year non call period.
The Company has the right to repay the Loan after two years for a premium of 5%,
after three years for a premium of 3%, and after four years for no premium"

Although production ramps up this year and and EBITDA numbers should be good,
the actual free cash flow will be low for the next 2 years unless as MM alluded to,
the debt gets restructured.

Also note that my post at 14:13 in support of Chartist2 has so far
got 16 recommendations.
Please go back and vote it up if you agree.

To those of you having a go at Chartist2, all you are doing is displaying
your ignorance of short term trading strategies.
As a former day trader, I appreciate what he is attempting to do and wish him success.
Yes, perhaps he could explain his strategy a bit better, but English is not his first language.
There is a natural bias on this board towards long term holds, but day traders provide
day to day liquidity and should be allowed to post their opinions just like anyone else.

Nickderby - "Chartist, don't go by the quoted figures, the actual position to date is

Buys - 906k
Sells - 163k"

Nick - this is a bit misleading as this is the reported position, not the actual position.
The reported excess of buys over sells usually just points to a big sell in the background
which will be declared at a later time.

The shareholding in the Jan 2018 TR1 and that listed on the
company website are both the same at 206,265,841

NMH19 - Marcus Garvie's shareholding has not changed since his last TR1 in Jan 2018.

http://tinyurl.com/yc46y2og

Here you go Woodster5

http://tinyurl.com/yb363usg

And for any potential new investors looking in, here is a list
of Michael Mastermans share buys over the last 6 years since the sale of AIO to WRES.
June 2012 £50k
Jan 2013 £100k
July 2013 £50k
May 2014 £180k
Nov 2014 £8k
Jan 2015 £152k
June 2015 £140k
Nov 2015 £75k
Mar 2016 £75k
Aug 2016 £100k
Nov 2016 £100k
Mar 2017 £150k
Jun 2017 £50k
Oct 2017 £100k
July 2018 £24k

Wessy - you can see this info for all IG quoted shares I think.

http://tinyurl.com/y9da7bsj

Wessy is correct. The only time the SB company buys or sells
in the market is to balance long and short positions.

It may be of interest to know that 100% of IG Bushveld contracts are long.

All my IG positions were rolled over today between 17:53 and 17:59
My Spreadex positions were rolled over sometime this afternoon.
Don't know the exact time but around 3pm.