Member Info for oldskool

Langtro. Actually the deaths rates could closer to 17% at this time, and rising. The data sets are lagging due to the long incubation period (about 14 days) and the fact the virus doesn't reach its most dangerous stages until around day 7/8. So around a 3 week lag. Seen any survivors being interviewed? I haven't. Do you think we are getting real figures? I do know that factories are now being told (ordered?) not to open (staff still to be paid) and this is for the foreseeable. If this doesn't settle soon then the economic impact will be horrific let alone the impact to human life. Well, perhaps this is why people don't tend to eat bats or pangolins.

Troajan. Let's see what Feb brings. I think this has legs and is going to get very nasty. The CCP will do anything to downplay the situation. They care only about social order. I reckon the situation is far worse than anything close to what is being reported. Stock up in beans ha.

Now, I am not one for conspiracy theories but this Cronoavirus appears to be getting a little out of hand. China is shutting up shop. Can we trust the data coming out of China? Twitter is full of scare stories. Do not look if you suffer from anxiety
Hmmmm, even I am little twitchy now. Why wont the Chinese let CDC in? WHO also appear to be struggling to get access. Roll on Spring time when this stuff tends to drop off, and a nearer date will be Mid Feb when the factory gates are due to open - end of the big hols after Chinese New Year break.

Kalan. No. Costings too. The OPEX carries weight. WRES could produce 500t but if every tonne is sold for x and the OPEX is x + 1 then the business is loss making. I actually think WRES could hit the lower end if the plant is as good as they say it is, but it will not be for a while.

Agree re Resolute (no idea on the other). No idea for the over extended fall as kit issued resolved, need a data update re sales. Concerns over placings to fund expansion purchases?

The fact these discussions even take place does not do investors any favours.

Disco. Could be in an RNS but I saw it on an interview. A proactive one. He just stated the sales proce was commercially sensitive but was at, or about, market prices. Interest is not 13%. It is closer to 15% and then falls. Payments have been rolled up for H2 of last year. Any costings there are unknown. I doubt BR did it for free. Minimal admin fee I expect.

Disco. You are correct. The sale prices is commercially sensitive. MM gave a ball park figure in an interview but refused to state actual amounts. Perhaps he has given another interview since then that I have missed. Also disco, when discussing interest payments etc, the 5 million addition is a total unknown.

Wow. What a couple of days. Hopefully it will hold its gains. Franny I have visited a church, doesnt make me a Christian or prove their is a God.

Langtro. So, early today I mentioned Irish gold again. I did last week, I even referenced a rainbow. Check my posts. Note the SP at the time, I wouldn't want you distorting the figures again would I. You will see that this little gem is nearly 70% up today, it did 9% last week. Well done those that are in it. Love ya Langy...you can have that one one me x Sorry Hbob, I am f'ed with people skewing figures to make me look like a cx#t. Although you may have followed the clue to my most recent research project. Oldie is happy today though...if only I had kept my money in WRES and be sitting on a 50% loss. Oh hang on, I am a fool.and a clown.

Langtro. Learn to read. I have had nothing to with BIDS other than say I though it was off. It didnt make sense to me. Others made money. Didnt invest in CAML, never said I did. Can you quote where I said I was in it and I think I only mentioned it once. Do you want my live trades? I am down a touch on PTAL I will give you that. I have never ever said sell WRES. I have sold WRES. I have said the reward vs risk profile is tok high for me hence I sold out. Nor have I ever said buy a share. Just highlighted interesting ones from my perspective. NMC made people money as did RRE (see Hbobs comment). Why dont you mention MPAC. See where I mentioned that a couple of times back early Autumn. Put that near 1 bagger in your pocket. Why not mention AVCT, I was in that a few weeks back. Didnt name it here because of tw#ts like you. I gave a clue about irish gold too...go on go have dig around that one. Not one share I have mentioned of late has lost me money other than PTAL (that will come). Who buys bottom everytime. I have said on many occasions I look to out with anywhere from 10-25% unless I really see value like MPAC (now out), AVON(now out), PTAL and RRE. May lose on them, may not. That shares. Try again, but good effort. Actually no, it was poor effort. PS. Thank you Hbob and you are welcome. Langtro you are most definitely not.

Langtro. Let's be clear shall we. The two shares I mentioned (NMC and RRE). Can you tell me what the SP was when i mentioned them? Can you tell me what they went UP to after that? Can you then tell me which ones did not make a minimum of 17% after I mentioned them as something a bored investor might fancy a look into? If people held after that (I still hold RRE) that is up to them. I shall answer my own question...none of them. The pharma i intimated at a couple of weeks ago (Troajan may be in there too) also up over 15%, made over 20 easy but pulled back. So you use the figures from the top and the subsequent pull back and assume people didnt sell. I have made it clear that 15-20% is what I aim for. Hold after that, well that's your choice much like buying in after researching is your choice. Strategies or not, your call. The others, no idea. Hbob even paid for his Christmas dinner off NMC. I am glad he did. Sorry, did you have a point to make? 17% YTD works for me. I still believe RRE will come good once this virus hype has gone and oil prices rise, assuming they will. They need to spend the cash and now would be good with oil prices on the slide. DYOR and dont buy a spike whatever you do.

Hbob. Are the Scottish little Scotlanders too? Surely they must be given your measure? Given that I live in a very 'cosmopolitan' area I would be interested in you meeting a couple of my drinking buddies, half of which are not white. All educated, all professionals and all voted out. Not really fitting your racial stereotyping Hbob. But, given where you live I suspect my interactions with PoC's (or people as I call them) is far greater than yours. Far greater. You crack on though, you cant beat a bit of 'othering' can you?
Not sure what Pakistan has to do with anything. Are the Syrians here as asylum seekers/refugees or PFA's, the latter having no recourse to public funds and thereby at risk of homelessness and deportation? Facts are important Hbob. There is a distinct difference between PFA's (Protected by Article 8 HRA) and recognised asylum seekers. I am confident that you do not know all the facts, yet you call out others that appear, in your eyes, ignorant. Hmmm, an interesting stance. Hypocritical some may say.

Troajan. You are correct, I did miss your post, been busy. In particularly reviewing the future of a couple of investments. Cash increase looks good for me as the markets are proper crap and Donald can only do so much. Anway, back on point. I struggle to answer your questions/points or comments. They barely make sense at times. Could you try writing the information on a word document and cutting them over...I am not being foul, I am being serious. It is a start.
So I will try to answer what I think is a question. I merely pointed out that taking this private is a real risk and is part of my risk profile. To ignore it is foolish. I have no idea whether WRES will be a good investment for the BOD or PI's, the BOD are not demi-gods and can get it wrong. I do not think it is a good investment for me right now. This has been proven to be the case since I sold out over the summer period. I am glad I sold at out when I did. Would I buy back in right now, absolutely not. Unless MM reveals some magic numbers in the next few days then definitely not. Lets see what the numbers are coming out of the kit (still no news on any compensations is there?). I certainly do not believe the OPEX costs. CAPEX was off too wasn't it. BUT, MM is a CFO god according to some. The debt level is above my risk profile too. 2.5x mcap with no evidence to suggest the minimum payments can be met. Ouch. People talk a bout the grant. 18 months ago that would have been bonus money but now it will need to pay debt, extra debt. Ouch. When is that Spanish loan up? Lets hope the grant arrives in time.
Why do you assume taking it private must come from MM and the present BOD? MM appears to be lining up some local money, they are well within their rights to buy MM out. None of us know what is going on behind closed doors. Equally it may be about to become a money fountain, i hope so. I will miss out. It may spike, even a bagger and those that have held deserve it. Some need a bagger just to get close to break even. That is not investing. That is gambling. Needing a 100% rise just to get your money back is a terrible state of affairs. Truly terrible, people worked hard for that money, why blow it? Get out, buy in again. Protect capital. Find me any literature or any EXPERIENCED investor that would say such a strategy is a good one.
Look at companies that have been taken private. There is a theme. A good investment for the BOD is not always a good investment for PI's, sometimes it is not a good investment for either. Everyone gets it wrong, everyone. I may ultimately get this wrong but so far I am not 50% down (I would have been if I had held) and made some good money elsewhere. No dogs in 2020 so far...so far. I am sure there will be one or two but I wont lose my shirt. I have lost money, early on into my AIM adventure. Good money can be made in the main markets without so many risks. Time will tell hey.

GIT/Dreamy. You both refer to the youth. Can you please let me have the youth unemployment figures for France, Germany, Spain, Portugal, Italy and the UK? If you are going to suggest leavers voted with emotion then you surely need the facts to back it up. Proof? There isn't any. Can you just remind me of the facts provided by remainers, because they did not use emotions at all did they? You also assume the youth will continually vote in a liberal manner. Inaccurate. Social modelling shows this to be far from the case. As people age they shift to a more conservative stance. Look at voters polling in the last 50 years. Look at voter polling since the UK first entered what is now the EU. There has been little if any change. Well I am pretty certain all those old folk that voted not to join the, now, EU in the 70's are now dead. Your theory is flawed. By your reckoning all the elderly should now be voting remain...were they not (by your rationale) the youth that voted for being in the EU in the 70's. It is the same people, those that voted in are now voting out. You are also being incredibly disrespectful to the older opinion. This is why we now have such a gap between the old and the young. With age often comes wisdom and experience. Not always, but we (society) should not poo poo it. Age has value. Labour lost their heartlands, why...EU and immigration. Labour and the lib dems were smashed. Jo Swinson was annihilated. Labour are dead for at least a decade and possibly for ever if they dont get their sh$t together. 3 way split, as I have said before and that is no good for politics. Not just a Tory issue and not just Tory voters voting for Brexit. Far from it, hence the Tories have an 80 seat majority. You talk about the NHS and Education what has that got to do with Brexit other than large EU immigration into the UK was not matched by equal amounts of funding. Actually EU immigration brings more positive capital to the UK than non-EU but the volume of movement was the issue. Political error by Labour, they took the brakes off. Well they needed voters (but that is another issue). Check out the riots in France. I know many French that now live in the UK and are coming to the UK (my wife works with a team that is all French). Check out the fighting between the police and the fire officers...lively times in France. Lively indeed. Data coming out of Germany is bad. The EU now is not what it will be in 10 years or 20 years (if it still exists). National governments will go. Remainers seem to think that the EU is a static beast and it will all remain the same. It will not. EU army. EU fiscal control. EU global migration. EU police. EU only. No national governments. It is all ready in policy. So the vote was about the future, and the EU is not a static beast and never will be.

Troajan. Add in his mates (aka BOD) and his new Spanish mate who is now in the BOD who also has 'local' contacts. Loans were converted to shares. That removes any extra paperwork refarding fingers in pies and paperwork complexities. You also assume that PIs would get together in time to vote against any motion. Possible, but difficult. You also assume they would vote against it...such a point in this companys history would mean there was an alternative option. Probably not a good one but there you go. Anyway, DYOR., and roll on the weekend. I am off out now. Be good, whatever that constitutes.

Troajan. Clearly I am going to disagree as I also had concerns about going private. I say had, as I hold no shares. MM does not give a f@@k about share holders. Please provide evidence to the contrary (apart from a jolly to Spain). There is no ii. Miton, ha ha. Whatever they still hold they are massively underwater and MM has sold them down the river too. Have you ever considered that he doesnt want ii's? They haven't purchased anymore nor has any other ii. He has never pursued them other than to raise funds...didnt go well did it. Shareholders have been constantly diluted. No PR. Share price is suppressed, why? This is cheap, I say cheap for a reason. If you think MM gives a f@@k about share holders above his own needs and wants then I am sorry to say, and I quote GIT, 'you are a fool'. Having said that, I hope he doesnt as many hardworking folk have their money in here but MM has a lot to gain by going private and very little to lose. As I have said before, he is NOT Mr Cadbury. Rule it out at your peril. Why does he only do interviews with his paid stooges? Questions are only allowed if they meet pre determined criteria. Like I say, I hope I am wrong but you are most definitely wrong to ignore it.

Safety...we see it. Subtle, but not too subtle.
Franny. I have watched him live for years. Tried to watch him in New York but couldnt get the time off. He is a true all round entertainer. Mind blowing. His TV stuff, errr, it's ok. It is certainly nothing like he does on the stage. He gives every attendee a gift (psychological) if you want it and leaves everyone aghast. Money well spent. Making a weekend of it this year.

Bertrand Russell. Superb writer. Do like a bit of Derren Brown too? He is a big fan, and influenced by, Bertrand. I love DB, seeing him live (again) this year.

Safety...no mocking. I consider myself a stoic with a deep vein of Benny Hill and the Carry On Movies. That makes for a psychiatrist nightmare.