Member Info for NelsontheDog

So sorry to hear that news Rodders.
Deepest condolences to you and your family.

Hi all
Still reading but haven’t posted since I sold out a good percentage back in the 20’s. I did that because I was becoming concerned about the Bod ability to get a (good) deal.
I am not sure the deal will blow up the share price to OB target but I am personally really pleased with the tie up. Imho Suzy and co are good scientists and have shown really strong operational control. My perceived worry was that they wouldn’t make it if they couldn’t strike deals - not just on 201 but new drugs as per new strategy. This deal links them to a group who from Rhubarbs experienced view will be very businesss oriented and that deal making expertise can only bode well for Val.
I don’t expect all CEO’s to be good at everything, but in tying up to the us co. Suzy has imho addressed their weakness - always the best strength in a leader. As such I see this company as very investable and do see it getting to 236p - just maybe on the next product!
Gla
NtD

@Saint tropez and @Pablo

This is a simple recategorisation of the outlook for Blue. Satoshi has been a dead duck in the SP and it has suddenly gone from 5-10% success likelihood to more like 30% likelihood - and the spoils here are massive (as is Satoshi's lead in being i n this space).

Keep in mind that with the rise we have only added about 12M to the market cap - still a good punt on MCAP and the probabilities with Satoshi so this is still a big big upside play.

Duke - delighted for you - hope you are enjoying this week - envious of your totals but I am riding the same % increase in holdings so happy days!

NtD

Rifle loaded and still on duty on my pacific island - whilst we await deal - we are now approaching the price we used to say we would fall to without a deal for the SGSC project. Does this reflect the reality of no deal or the loss of patience by investors? Time will tell.
GLA
NtD

Replying to my own post (either a brilliant reply or a failed initial post) - the rerate trigger may be the DOT and Kusama parachain auctions this month.

Bought some more here also - tremendous value play and growth play. The share price in the past has taken about a day to respond to uplifts in crypto but that doesnt seem to be the case here - we seem a little stuck. Not sure what the catalyst to stop that will be- hope it is as simple as a big seller stopping - but a rerate is definitely building.
GLA
NtD

Chuck Norris stars in Invasion EUA

We exited the FSP on the strength of a credible offer from the current buyer - a bid that stopped the fsp would need a price or a price mechanism in order for you to stop the process -otherwise its not credible.
We will find out soon enough

In Cayman isles - I’ve gone for 8th November as a result - it would be a fine end to this tale to get the offer during Pirates week
Aaaaaarrrrrrr

Ian

Are you still carrying this toil forwards (i wouldnt blame you at all for stopping). If yes - could I go for 8th November for a major RNS.
Cheers either way,
NtD

My average is 22.5p so anything above that = relief. 45p+ bagger - woop woop. 225p+ hefty deposit on a holiday home, 750p+ outright holiday home purchase. One can dream, but can ones dream become a reality? Ive got the ticket - going to find out!

Does anyone have prior experience of a process like this? My thoughts as a green newbie are;
1. The DD ready bidder puts in a bid and publicly announces it (to apply pressure) if they are willing to buy whole company - eg hostile takeover - my view is this is unlikely.
2. All the advisors - UBS DLA Piper - have a process ready whereby a bidding process will proceed and be confdential to save the bidding parties from blushes (primarily shareholder anger as industry insiders always know) if they dont get the assets they want.
If its along the lines of the latter then surely the process starts now?
If the former then its a balls out macho alpha male bidding war - my preferred outcome as winning outperforms value for the bidders. As i say unlikely but much more exciting.
GLA
NtD

Jonah
Hope your ight in a positive way! I tend to broadly agree, if thereis an update before results I think it will be in relation to securing resources rather than project updates. IMHO upside potential to SP here is bigger than on any other share I can recall.
Impatiently waiting
NtD

Thoroughly enjoyed that podcast - MB comes accross as very considered and scientific but also appeared to have a bit of street wise nous/ nouse / nowsh - knowledge...
The explanation of the siting of Labola in between two existing miners and thus its jv potential to them as a plan B struck me as very canny - then even the plan c that you gain share to a lower more entrepreneurial miner as per Australia.
i am very impressed and considering adding a little - not looking like a traders share but definitely a value investor candidate IMHO.

Maybe not 1m oz but still very significant for a company with a £9m mcap - and the implied fact that the massive area will reap significantly more resource next year
NtD

Hi NorthernShark,
You could well be right - it will be frustrating, but a lot of sense in that prediction all the same.
Hope its wrong and we get a deal at CMRS prior to results update at a minimum but probably best to prepare for the wait.

Just adding to your post redlse
And amongst those 4 is Cullinan which is to Diamond mining, what Harrods is to shops.
GLA
NtD

Thank you to Duke, Viera and other shareholders who engaged to halt the scheme. I am pleased that they responded with genuine action, but equally perturbed that their group think prior to that meant that they thought this was acceptable or that the holders were a bunch of saps that would take it.
Still believe in the investments in esports and if satoshi can come good with a significant progresss update, even better.
NtD

Mr Carats
"Greedy Bondholders"? Really? As opposed I assume to greedy shareholders.
We may miss out here but I dont believe as a result of any underhand tactics so I will continue to wait and see. If large stones are being withheld I would be even more surprised - that is tantamount to criminal activity.
May I suggest that holders stay on an even keel and await the next developments, or consider their position and sell - no drama required as yet I would say.
NtD

The Slater note refers to $200m operating cashflow, not profit - so you are both proving to be in the same ballpark - $200m revs, $100m profit.
As Mikie says, I dare not estimate the Cobalt or I get too distracted - the additional profit would take us to over $200m and then some, I ssuspect.

As to Cobalt - you are correct in that traditionally mined Cobalt has a bit of a bad reputation - Tesla has spent a lot of time trying to ensure ethical Cobalt. Jubilee Cobalt is way greener with its processing byproduct being a clean up of exisitng mine waste so this plays in our favour.

Hoping for a commencement update soon and super positive about this company at present.

GLA
NtD