Member Info for Pedrobull

whoever it was started this thread with Strong Sell at 57p go take a long walk on short pier

For SEE to be down another 9% today doesn't add up for me.

The way out of this is removing Russia's access to western money £ $ euros

And NATO going in heavy if any NATO country is breached by 1 footstep

I think it will be suspended as a Russian business at some stage in the next week unless Putin gets shot

40% of the worlds Palladium is in Russia and is up 7% this morning at $2600 up from an $1800 low a few months ago, ATH is $3019 less than a year ago.

THS 2022 results state they have 0.3% of global palladium demand.

Luxury products and a business with large debts not good when the world changes like is doing today

Capitulation doesn't happen in a few hours.

There was no good news in that update.

1440p this morning down 4% on Ukraine invasion, not sure Gamma do any business in Eastern Europe?

260p today down 5% on Ukraine invasion

good news for longer term business of BMV

overshadowed completely though

I read an Align Research tweet on Monday 21st Feb talking about a debt funding package that Align and Riverfort Global have taken part in to fund Corcel. I note RGO did not put out an RNS to update on this.

https://uk.advfn.com/stock-market/london/corcel-CRCL/share-news/Corcel-PLC-Debt-Conversion-Funding-and-Share-Agre/87338140

Debt Facility

The Company has agreed a Loan Note Facility ("Loan Facility") with Align Research and Riverfort Global Opportunities PCC Limited , (the "Lenders") to provide, in aggregate, GBP450,000 through an unsecured loan facility, for working capital purposes in support of the execution of the Company's battery metals led strategy.

The Loan Facility, which is aimed at reducing dilution at current prices, provides for the loan ("Loan") to be drawn down in tranches beginning with GBP250,000 immediately and the balance in equal instalments monthly through May 2022. The Loan plus a fixed coupon of 8% is repayable in full on 31 October 2022 (the "Repayment Date") except where the Lenders request part or all of the Loan and any coupon to be utilised in paying for the warrants.

As part of the Loan Facility, the Company will issue a total of 30,000,000 warrants to the Lenders with a GBP0.015 strike price expiring on 20 February 2024 (the "Warrants"). The coupon is repayable in either cash or shares at the Lender's discretion, and if in shares at a price of GBP0.015 per share.

I'm just trying to get me head around what Corcel have on the ground.

"The MOU that is being negotiated importantly covers DSO production from both Mambare and WoWo Gap"

I reckon DSO is Direct Shipment Ore so the question I have is who is doing the mining, do Corcel have boots on the ground?

From looking at the Corcel website I can read about the executive management & directors, are they like a royalty business maybe?

I agree Rocklawn, we need other brokers to take an interest.

And wtf are Align all about with the 20.03p they do with all their conviction buys adding two decimal places to make it look like they have counted everything to the finite detail when in fact they are just picking a big multiple and ramping it!

I have put this on my speculative watch list following a tweet by Align Research where they are reiterating their conviction buy stance and their "alignment".

Here is what they said 5 weeks ago;
By any yardstick, Corcel looks well undervalued in our view. We initiated coverage on Corcel in July 2021 with a Conviction Buy stance when the shares were trading at 1.625p and have since upped our target price a touch to 20.03p. At the current price of 1.50p, our Conviction Buy stance remains unchanged.

risk off trading ICGT now on sale at 1155

yep the investing public think Blockchain and Bitcoin are one and the same possibly

Not going to mount a takeover so how does he exit that position...

Just thought I'd go back 30 pages and see what was being said!

I am not a shareholder, I was years ago when it was called something else, was it Loyalward on Plus markets then came to AIM in 2006.

2.09 to buy 1.835 to sell is a 12% spread, I have a limit buy order set at 2p but its not moving

2.09 to buy 1.835 to sell is a 12% spread, I have a limit buy order set at 2p but its not moving

CPI really might be nailed to the floor and unable to get up, sold of profitable business a lot of which were bought to help the out source model, I only have a small holding and am drawn to top up but standing back this time.

Moscow playing the markets like Travolta in Pelham 1 2 3