Member Info for pwlx

Well, never mind that then!

For what it’s worth I think the likeliest time for the trading update is 7am today… Hopefully going to be some good figures! (Now I’ve said this it definitely won’t appear today…)

When the company are ready to release them…

How many times can the company confirm in RNS' that Dmitry still works for them, still holds all his shares, and isn't a complete myth, before people actually believe them? Jesus wept... You think the Nomad would've allowed that wording in the RNS **less than a month ago** if he didn't work for them? What planet are some people living on.

That was said with the last TR1 too - just because they’ve sold down to 9.8% doesn’t mean they aren’t going to sell more. It still doesn’t matter to me either way, it’s a long term hold and eventually the numbers will speak and the share price will look after itself.

Fair play, seems it has been Taylor selling down - still, never mind - the company continues shifting product regardless!

No

Hopefully too busy adding up all the cases they’ve sold to get the update out too soon ;)

Some could be rollover, some could be cancelled, it’s a bit suspect and the share price hasn’t moved so I’m firmly not of the opinion that it’s somebody like Taylor dumping more shares. We’ll likely never know unless we get a TR1 but I’m definitely not worried by it.

I'm not convinced that money raised for the JV has gone to WK - the capital plans for that mine will have been in place for a long time, definitely before the placings. The MT DFS will have cost a good chunk, as will additional drilling on NKT. We know that we've paid for the Nyud license, I'll bet there were additional unforeseen costs related to getting that sorted (and as we know it still isn't sorted). You're right a lot of money has been spent - here's hoping it was all worth it!

It's not a discrepancy between MorningStar and Ortex - they list different things. MorningStar only lists funds and institutional holders, not private equity. There could be a little bit of crossover depending on how things are listed however, which is why Aviva is listed in both. I've been conservative in estimating total amount of shares in sticky hands.

I'm not convinced that all of these 2.5m trades are real, but in any case even if the MM's are holding on to those shares that's equally fine by me, because they don't want to be holding on to anything that's going to decrease in value do they, and since they're in charge I'm confident that isn't going to happen. Besides, MCAP is at rock bottom already - only a truly terrible set of results could cause any further drop in price.

I think it'll be pretty obvious when the BoD are able to take up their options because they'll have to RNS whatever material information they have in their possession that's preventing them from exercising options first. No need to email really - we know it's sale info that they're keeping to themselves so when that gets released, they can take up options.

Great find MajorOak - looks very positive

But, and here's the important bit for me:

Total large holders listed in my post just now - approx 151.6m shares
Tony Burt holds 63.5m shares

That's well over 50% of the company in sticky hands.

PI's are by and large clearly holding as well, as shown by the tiny volume shown here. Admittedly, a large chunk of these will be underwater if they've been holding since the 10p+ days, but a lot of these will be using the opportunity of a major bear market to average down, as I've done. This chat board makes up a tiny, tiny percentage of people holding EISB - the vast majority are fairly clearly sitting on their hands waiting for the company to grow, which is fine by me. Taylor selling a few million shares here and there - I'm fine with that if it's what they need to do. The company keeps on shifting product regardless, and eventually the figures will speak for themselves.

In terms of big holders, Ortex lists the following:

Taylor Partners; 51m
Jarvis; 31.8m
Aviva; 29.4m
Life Force; 22.8m

MorningStar (only updates first day of each month) lists total fund and institutional holdings (including Aviva) as just over 46m

Hard to tell how often Ortex updates and where their data comes from, but if TP are selling down a bit then I'm not worried. They'll be doing it for their clients so it doesn't mean anything to me - probably just that they have shorter term gains available elsewhere. Plenty of people are hoovering up those shares that they sell anyway. In any case, we'll find out if a TR1 turns up - no point worrying about it in the meantime.

Stop watching the share price 40 times a day then, chill out, and let the company do their thing making product and getting it sold.

Strongly suspect that’s preferred customers loading up over the last few weeks. Maybe for a quick trade with the update we’re expecting in a few weeks, maybe for the long haul

Hard to say re forecast; obviously IPO and placing last year at a significant premium to current share price indicate clearly that the company was valued a lot higher than at present, despite the fact that they’ve done nothing but add huge value since by way of distribution and bottling agreements. 2022 was a massive bear market across the board and as soon as that turns I’d be looking to see the share price return to the 10p sort of level in 12-18 months from now. Short term catalyst if you’re looking for trading opportunities will be the trading update later on this month (probably around week 3) but I don’t expect a bump in share price off that to hold until general market sentiment improves.

They don't have a forecast of 4.6p, they have a fair present value at 4.6p - there's a *MASSIVE* difference.

Looks like these large 2m trades are showing up as LRGS trades - Large in Scale Deferral. Anybody know what this means in layman's terms? Struggling to find much by way of explanation. The Stock Exchange trade type table doesn't provide any helpful info really...