Member Info for PaulFG

@airborne - I was thinking exactly the same thing

@Tray although I have to admit I'm a little confused now.

When the point was put to OF in a recent interview that the SP might come under pressure as investors sell shares to fund their warrant exercise he specifically made the point that he didn't envisage it happening as the largest warrant holders were the largest, most loyal, shareholders.

Thanks for clarification @Tray

Will be good to hear their thoughts and plans now PING is officially onboard and leading the way on the initial project.

Good timing too - start of new ISA season.

So thus far I think that's about £200k raised from the warrant exercise.

Wondering when the major shareholder POW, will exercise theirs???

Still @ICB massive vote of confidence in OF & GMET, £158k decent wad o cheddar, dude!

Not sure I read it that way @ICB - I think they're saying the combined Mega CO + Chang holdings represent 5.64% ... 'total interest'

Nice additional funds for OF to play with, But for me the most significant thing from todays warrant exercise is this is clear insider buying, from someone charged to lead the grant negotiations with the Gov.

Follow the insiders...

@Ando - this morning you posted on CMET you had 400k shares here - sorry to break it to ya but that ain't 1%

1% of 79m shares = 790k

Enjoy the moment guys, we're currently number 3 on the risers board

No sweat guys - exciting year ahead, new ISA season starts next week and more of the portfolio will be valued up.

Excellent confirmation this morning, as generally expected.

SO let PING get on with it now.

ORCA mgt can now look to the rest of the portfolio and start adding more value, which I believe will be even more exciting.

Yes I saw the interview on Stockbox - what I'm finding really bizarre is that they basically acquired the Zambia license for shares in REE at 5p - I don't understand this at all as the shares trading at a1p!

He didn't slip - all he said was he can't say anything just look at the data points and inferred deduce the probability. OF is pretty professional guy he wouldn't let anything like that slip.

I listened to SW rant on the Sunday Roast over the weekend - with some sympathy, but also a little incredulity. As a CEO you should understand the market you're in and knowing that you should understand how the market will react to various activities/actions - yes these change over time, but generally you should be aware of the trends, especially if it's retail driven - and despite raisings at premia from large private investors the POW sp is largely driven by retail.

I didn't take a rocket scientist to work out what the retail reaction would be to a share consolidation, initial sell off prior to and the inevitable discount afterward.

Where we are now. That's the market you're in, there's no point ranting about it you function within it until you make a bigger change or the nature of the market changes.

The market will react favourably and probably supportably when POW actually delivers results rather than more POTENTIAL. This is why I've resisted investment in POW but gone direct to GMET

Honestly, I'd prefer the RNS next week now so at least we'd have a few trading days where the market can react as opposed to getting it now and it being forgotten over the 4 day hiatus.

Of course we never really the reasons behind insider sales, but I do know I've usually regretted not following Directors when they sell.

Acquiring a copper tenement in Zambia is usually never a bad thing, though how the blazes REE intends to finance exploration there I don't know. Well I do know... I guess we all know...

I think it's end of tax year selling, that's all. SO many things are hitting my buy zones this afternoon, on nothing, Probably people booking tax losses.

Listening to RV on the Sunday Roast yesterday as soon as I heard him say 16-18months I figured many that would consider buying in, or at least that have now put COBR on the radar won't be rushing to buy, unless there's a general market uplift that everyone's being saying is coming - for the last few years.

SO I think we will remain roughly around here for a little while longer - good if you're stake building ofc.