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Thank you mr owl
I’ve read that and I do understand why. But I don’t think there will be a significant response tbh.
I think it’s going to be the big news and big news only. The last RNS showed that there was a massive initial interest but then it turned out we’re still waiting.
Having said that we’re so so close it seems and I’m entirely onboard. I have a lot invested haha
This is the fundamental problem with aim: there is so much inside stuff that we are always at a disadvantage. Who knows if this is a leaked unexpected placing or if it turns out to be an excellent entry point based on an overreaction to some news.
Overall I don’t think it changes anything, albeit it makes things more painful. Half the fun though
Let’s be honest, if this does come off then worrying about the rather large fluctuations below 10p will be irrelevant.
If it doesn’t then it doesn’t really matter what price you got.
Hold for gold (in our case, coal)
Thank you captains Searcher and Owl for your research, and others too I’m sure.
Final bit of accumulation for me today (no more ISA limit) and then it’s sit and wait until I got that notification of an RNS. See you boys when we are rich (hopefully) ha
There is some wild optimism here. I continue to think the long term prospects COULD be excellent but a lot of things need to fall into place to take this from a dream to reality. The comma from the company have not really helped.
The key part being results from the EWT to allow a JV. (Yes discussions are ongoing but the RNS literally states it wil okay be after the EWT).
In the meantime we can expect a placing and the SP to be rather volatile.
From what I’ve read from you all it seems this is the closest it has ever been to come to fruition - everything that needs to line up is.
Let’s hope it does! I suppose my only issue is what happens if we get to may with no meaningful update (let’s hope that’s me just playing devil’s advocate). Top up in the placing perhaps
Must admit, this is the first BB i have experienced where the comments are actually well thought out and balanced!
There seems to be a quiet confidence now and I’ll keep on accumulating. Built up a decent position recently and hope it’s rewarded.
GLA
Been following since last week and got in today. Not fussed that I slightly got unlucky with my intraday timing - if things go to plan won’t make much of a difference!
Question from me - what is the expectation re end of May placing. I see the last was £500k at 37.7%? Is consensus that it may be similar but hopeful that by then the SP could be significantly higher? (Approval dependent of course).
Interested in LTH’s views. Thanks!
Looks fine to me tbh, not sure why everyone shat the bed first thing. Lack of patience and future funding questions I guess.
The latter is probably the only thing that worries me at this stage. Are people expecting further placings or might there be more favourable solutions?
Latino - that 17.5% will be transferred to Cyrus Capital for the loan it made to Esken previously. So nothing left for Esken or us shareholders.
Interesting punt and shame it didn’t work out but no bother!
Good points. Some life in the old girl yet.
But also agree with others would’ve been great to get clarity for once - however, I don’t think they themselves have that to give us
Looks like tomorrow morning then for the RNS!
Not sure there’s any point me reading into it not being intraday today but who knows, at least no news is (okay) news for the time being haha
Identical position to you! True punt but we’ll see.
Wouldn’t say I’m very confident but would like a pleasant surprise - not going to make or break the portfolio either way
Indeed. Trust me, as long it’s not a placing or an outright negative I’m holding into hope !
GLA
That RNS is borderline pointless. The wait continues
I like going back through the comments to see who was ramping before ha. Unlucky to the holders
Damnnnn, spread at 60%? Was 33% when I last looked so still huge.
Even if I wanted to take a punt here that’s just prohibitive