Member Info for PaulJ8520

True; but it's only part of £3.3M he's trying to get... and likely to be done through Shore Cap so hopefully won't impact upon the share price... I hope:

Ferro-Alloy Resources Limited ("Ferro-Alloy" or the "Company") (LSE: FAR) announces that the Company has recently undertaken a marketing exercise with a limited number of potential investors to seek to place shares for Nick Bridgen, Chief Executive Officer of the Company, in order to make partial payment towards an existing c. £3.3 million outstanding divorce settlement with his ex-wife. Given the unprecedented market volatility and lack of liquidity due to Covid-19 there has not been sufficient demand to successfully complete the planned placing.

As a result of the uncertainty as to the length of the disruption being caused by Covid-19, Mr Bridgen has agreed to enter into a 12 month lock-in over the 64,738,800 ordinary shares in the Company he holds (subject to waiver by Shore Capital and to certain customary exceptions) (the "Lock-in"). Mr Bridgen was subject to a 12-month orderly marketing arrangement entered into in conjunction with the IPO of the Company, that was set to expire on 21 March 2020, the Lock-in replaces this orderly marketing arrangement.

My wish list's for the next update are:

Electricity connected and switched on
Production up to 40 tonnes per month
Arc furnace delivery in two months paid for without dilution to shareholders
Contracts sorted
Some other mineral/element being extracted to increase income slightly

Not much then
GLA

Just watched that video again from Jan 31 2020. CEO says £10 per share, WOW.

Does anyone know when this Western Feasibility Study will be completed?

Two large trades have gone through today; one valued of £106,007 price paid 105.48 and another £105,923 price paid 105.39.

Very odd given the price is 80.20.

We've ended on a Hammer

This shorting de-ramping is absolute nonsense. You keep referring to how many short positions a particular organisation has but you deliberately don't mention how many long positions they have. Just shows that such posters have no idea what they are talking about or that they are persistently promoting the narrative which is deliberately designed to deceive the retail investor.

Works for Clyde & Co - maybe part of the administration cuts?

I'd prefer them to drill three new wells rather than pay a dividend.

Is there going to be a presentation? If so, has anyone got a link to it?

Footnotes:

1. The Company can only pay a dividend out of distributable profits and the Company has retained losses. The Company is expecting to effect a reduction of share capital to create distributable reserves to offset the losses and create surplus profits. A reduction of share capital will require the approval of the shareholders and the UK Courts and it is estimated the process will take approximately two months.

i3 Energy plc, an independent oil and gas company with assets and operations in the UK and Canada, notes that Toscana Energy Income Corporation (Toscana) (TSX: TEI) announced yesterday that it obtained a final order from the Court of Queen's Bench of Alberta approving the acquisition of Toscana by i3 Energy pursuant to an arrangement (the Arrangement) under the Business Corporations Act (Alberta), as previously announced on June 23, 2020.

In addition, yesterday Toscana held its annual and special meeting of Toscana shareholders in Calgary, Alberta (the Meeting) at which the Arrangement was approved by the shareholders.

Closing of the Arrangement is conditional on the approval by i3's shareholders of the acquisition of all the issued and outstanding common stock of Toscana (among other conditions customary in transactions of this nature) with such approval being sought at the i3 general meeting to be held at 10:00 am on 29 October 2020.

RE:VOTE PASSED YES
you should all sell now at 0.005 and buy tomorrow in london four times the shares youll receive plus get a "tax pool"

VOTE PASSED YES
I3E now own us

Result in a few minutes the Toscana chat room say

Ugly in fact

Fairly big put at the end 16:29... someone didn't want to be out of this over the weekend!

metis20, JAdam... you appear to be being wound up by a company that has less than five thousand pounds in net assets as of Nov 2018... is it worth your time?

Agree applebee; why would a £95 billion company bother to take up their contractual rights in I3?

14:56 - 03/09 Sell 250000 52.00p £130,000.00

This transparency in the TSX is surely something we should be pushing for in the UK. If we knew who was trading then it would give us retail traders/investors a more even chance; although I suspect it may open up other opportunities for manipulation. There is nothing wrong in people knowing who is buying or selling… if you bought a burger in a restaurant, you wouldn’t be bothered by people around you with a similar interest knowing you were hungry and wanted a particular meal. So why should it be different with buying shares? Yes it would create volatility, but this is what the market needs and thrives on! It appears that this covert phenomenon is deliberately engineered to serve the interests of those whose moral convictions appear to us RI’s as fraudulent and deceitful. An overt policy may also root out forward selling and other types of trading activity that go on behind the scenes that are not privy to us and create an enormous advantage to the trading houses.

Just my thoughts after looking at the TSX