Member Info for Richi1414

Very clever the joy of maths

£4000 per penny thats £18,000 worth

Make a buy in IG its tax free and you can have as many as you want you only have to put down 25% for the first 4000

Should limit any downside

Completion of financing arrangement secured against investment in Sandfire Resources NL

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that, following the receipt of 6,296,990 new ordinary shares in Sandfire Resources NL (ASX:SFR) (“Sandfire”), announced on 23 October 2019, it has entered into an equity derivative collar financing arrangement (“Financing Arrangement”) with a global investment bank (the “Lender”) pursuant to an Equity Option and Loan Facility (the “Umbrella Facility”).

The Financing Arrangement is secured over 1,675,125 of the ordinary shares in the capital of Sandfire (“Sandfire Shares”) held by Metal Tiger (the “Security”), representing approximately 0.9% of Sandfire’s issued share capital.

Fibonacci extensions from each rise and pull back plus the average of the last impulse waves gives a point lots of traders consider
Seams to work well on4 hr charts
Your trying to see where others may take profit

In dec the entered in to a put call option so should be 20 percent down at most

Looks like we have some more funding

Depends on when JLP wants to realise their loss on BMR shares. It is bad for us small investors with the view of 0.5p but they own a lot more,29%
They will need any write down this loss or to wait till their other profits more than balance out the loss, or give BMR a good deal on the royalty to keep the share price up
Their share price is the major driver
Just an idea for the delay

CB is a director of Revelo in chile So there must be links, Not sure if there is a Mrs bird

and Mr Bird wants to take the Phoenix BMR to Chile, so some connections.

How much per share would it take for the share holders to make a take over and take us private

My understanding of T trades is after hours when we d listed so will only effect a few. What it may also cover is derivatives. IG still has all the spread bets open and I have a few on the buy side at 1.9 so 0.5 will be a bit of a relief as I have factored in 0.0 At 0.5 can breath a sigh of relief . Those on the sell side will be hoping for 0

JLP have to push BMR to a new company that has no liabilities then they can buy for a song. If the new company is legally liability free JLP will take it out for less than 2 m and get a play in chile, Whole new continent no royalty JLP win win

Possibly JLP would like all to think they will support. BMR board think they have a supporter and JLP pulls the rug causing bmr to be broken up and JLP selects which assets they want to buy and if they have to pay up to 2m will get a gem. Share holders in bmr will get little after expenses. Only when this is over will JLP get a reset of their SP.If I get anything back from BMR it is a bonus

JLP is 29% of BMR so you are in

Not sure how to do a picture.
Day chart candles
Start wave 1 on the 30th may
Wave 2 5 june to 25th June
Wave 3 from 25th june to 8th July ( Longest wave)
Wave 4 from 8th July to 11th July
Wave 5 from 11th July to 17th July
retrace as abc
17th july to 18th July Wave A
18 th july to 24th July wave B
24th July to 29th July Wave C ( Strong and steep)
We now repeat and use this entire move as Wave one on a higher level wave
With a fibonacci extension gives 100% at 6.78 and 1.618 at 8.5
Then the next wave begins or so the theory goes
If your right and the next wave is 5.7 then wave 3 will have to be long from the retrace wave 2

Could be
The impulse wave up can be Broken up in to 5 waves of an Elliot wave
The retrace and double top is the a and b wave and last push down the c wave
When we move past the top we are in the wave one of the next up move
All on the day chart
Looking back it’s easy to see

Also getting to use your votes on crest is not that straightforward
You have to get the nominee to vote and we would have to do it in concert.

I still think AB will keep the company going. Give 60% over time to JLP to fund the build. He will then get investors in who want a long-term dividend possibly sell 10% to 20% for cash (like Red Rock Resources did with Tshipi nickel) and we will get to share 20% of the dividends year on year. How much of that 20% we get is questionable but I think JLP will push to maximum to get cash out of us.

Another exchange is dangerous.
I had RRL shares sold for nothing on the Aussi market when an isa provider found they were not trading for over the time limit. My other account Selftrade did not sell. So some interpretation of the rules. The only reason they stay in your isa is they can not do anything with them if they are private company shares. If we re-list on a non HMRC approved market they COULD be moved or sold under the isa rules.
I am with Selftrade

Checked with my isa provider and they said the stock will just remain in the isa if delisted. The guy had to ask his supervisor.
IG said the spread bet remains at the delist price until the company informs them if they will buyout public shareholders which could take considerable time. IG did not seem concerned.