Member Info for nomlungu

Primary Bid email - Aston Martin bonds

AMF GP Finance PLC Bonds

Issue price
£100
Interest rate
7.00%
Term of bonds
5 years
Maturity date
8 November 2026
Apply for bonds
Minimum investment £1000.
Applications should be made in multiples of £100 thereafter.

This offer is expected to close at 12pm on 1 November 2021 and may close earlier than this date without prior notice.
Capital at risk.
Not for distribution in the US or to US Persons.

The CLN is worth £1.4m; the note holder has been gifted share worth £114 800 at today's midpoint. That is a 'fee' of 8.2% and the note will still accrue interest at 4%.

Anybody claiming that that the 'Convertible Loan Note Holder has taken a 1% fee to extend loan' is either mistaken or being deliberately misleading.

balancedviewer,

I think most would agree that ANGS are pressed for cash, so the convertible loan could have been expected to be settled with shares, not cash, early next year. If you agree with that premise, then the noteholders have decided that getting the free share and 4% return on the loan is preferable to be being issued with shares at 1p. That does suggest that they may not be expecting the 2p or 3p that some are predicting.

It does remove some pressure on ANGS's cash resources, which is a positive if they are able to avoid doing a placing as soon as I expect.

A minimum of 3 months extension and £110k in shares; 7% interest for 3 months? Those 'in the knowe' might be rather pleased with the outcome.

Oh dear, so does the extension mean that 'those in the knowe' did not want to be issued 140m shares at 1p each?

So why would anybody else want to buy at 1p or more? Of course the rampers will ramp this as it means there is less pressure on available cash. But that just acknowledges what they have been avoiding admitting - cash is a finite resource that is dwindling every day with every day that passes without free cash flow.

I doubt it - they just want to reassure.

Nightshift in Jamtara starts at 14h30 our time.

If the result had nothing to do with SS / UKOG then why did Drill or Drop write this:

'“Given the admitted high risk to our water sources in this application, it is of particular importance. Yet UKOG has relied on outdated desk studies and not performed two-dimensional seismic strata imaging at any time – despite this being a requirement of granting this licence in 2015'

Blind loyalty can be very costly; so can investing in UKOG.

When will they make some 'sustainable profitable'?

'We remain focused on executing on our plans and returning the Bank to sustainable profitable growth.'

From Sigmaroc's RNS:

'Recent and ongoing increases in energy costsare being seen across all industries, and the availability of haulage and transport is also presenting challenges, particularly in the UK.'

There are going to be many such warnings.

'Recent and ongoing increases in energy costsare being seen across all industries, and the availability of haulage and transport is also presenting challenges, particularly in the UK.'

A problem across many industries but still worth noting.

SolGold? What others?

Ecuador's President Guillermo Lasso on Monday declared a state of emergency in the country grappling with a surge in drug-related violence, and ordered the mobilization of police and military in the streets.

"Starting immediately, our Armed Forces and police will be felt with force in the streets because we are decreeing a state of emergency throughout the national territory," said the president in a speech broadcast by the state channel EcuadorTV.

"In the streets of Ecuador there is only one enemy: drug trafficking," declared the right-wing leader, adding that "in recent years Ecuador has gone from being a drug trafficking country to one that also consumes drugs."

https://www.france24.com/en/live-news/20211019-ecuador-president-declares-state-of-emergency-over-drug-violence

4 cans of M&S baked beans = £1.10

I just need to work out a cunning plan to capture the flatulence, and I will have free gas to heat the beans with?

From Drill or Drop:

'“Given the admitted high risk to our water sources in this application, it is of particular importance. Yet UKOG has relied on outdated desk studies and not performed two-dimensional seismic strata imaging at any time – despite this being a requirement of granting this licence in 2015'

If this is correct, then SS might have been wasting everybody's time. It seems like something a novice would have overlooked; has the wild Turkey hunt been a distraction?

They have found cocaine and other drugs in fish in rivers around Glastonbury

https://www.theanimalreader.com/2021/09/30/glastonbury-festival-goers-cocaine-and-mdma-urine-is-harming-local-fish/

The old folks need a comfort break before they start leaking.

Tourism is the objector's trump card. How low will it drop in the morning?

2phevs,

It is a novel approach; the paper states “small intestinal submucosa membranes modified by fusion peptide-mediated extracellular vesicles achieve excellent biofunction and provide promising prospects for tissue regeneration.”

This may interest some who first were interested in TRX because of dCELL:

https://www.advancedsciencenews.com/biodegradable-patch-improves-tissue-repair

EchDelta,

You should complain to Admin; people should not be allowed to try to bully you, just because they think your last account was banned. Being someone who is so against liars, it is inconceivable that you are actually cuddo reincarnated.

They must have IP address records to sort out who the liars are?