Member Info for RichTheNewbie

I still think the original RNS may have been a bit of a revealing one (accidentally). It was called “Project Clarity Announcement”. I don’t take this as providing clarity regarding the project and don’t think any normal human would write it this way. I think it was an announcement about “Project Clarity” which my bet is the private name for this whole shebang that’s unfolding.

Quite the opposite. This happens to go into takeover mode and website starts being changed, with charaat named, and they then start having similar out of the blue…makes it much more likely for there to be fire along with the smoke.

All smells very pre-ordained with things being lined up by the money men.

This doesn’t make any sense.
Nobody’s going to be shorting this (not least because pretty much all the retail brokers won’t even let you) and there won’t be any shorters to squeeze.

If only you would stay well away…rather than spam incessant drivel on the LSE boards of various shares.

Pretty straight forward interview spelling out the financing rationale (in short - banks demanded it - as has already been said on here).

FunkySausage - well that was quite an embarrassing attempt to justify your nonsense. Thanks for the laugh.

Thanks - perfect timing. Got a spare 10 mins before I leave the office.

Too many small trades therefore this must be being shorted. Lol. You do really get some comedy gems on this board trying to invent negatives to put people off.

Didn’t hold any of those (that I can remember) and in fact I generally avoid mining/O&G as I held plenty of junk in my early days too ;)
Still got the emails from Pirate Pete Landau…who I see has pled guilty to nine charges in Australia recently.
However comparisons with junk aren’t helpful (altho unlike some I don’t think you were doing it nefariously). As it’d be easy to do the same in any sector and tar all companies with the same brush as the worst and the latter three fifths of your big post was on the money.

If I started reading your post from the sentence “the chances of success” I completely agree.
Everything before it I think is either outright wrong or misleadingly one sided comparisons to the negative.

Wasa - precisely. Saved me the typing :)

Well I’m sure we could all come up with any number of conspiracy theories but it would be extremely visible for a listed company worth hundreds of millions and a super major. Don’t think it would be worth the risk/reward in any of their shoes. Unless you’re talking of the difference between a $1bn and 1.2bn offer. Rather than some actual silly low offer that didn’t make people good money from down here.

I reckon there’s every chance Orion/LaMancha would/do collaborate and ultimately why it’s no bad thing, in many ways, that they hold big(ger) stakes. They’re more incentivised than any of us to secure decent return.
La Mancha (Sawiris) have a 3-5 year investment strategy, both stated and backed up by their prior exits on companies, so I imagine they’d be looking to do this here too. I don’t think Orion would be any different and both would happily entertain offers that lock in a tidy return on their investment.

Yeah, I think we’ve had this discussion before wasa, imo once this is all but nailed on for getting into production (major finance drawn) and no longer at risk of being cap in hand to a major, it removes the last chance of them buying this up on the mega-cheap and moves it up to just “cheap takeover” potential if within the next year or so, and not so cheap takeover once it’s starting to generate revenue.
All about windows of opportunity, and I think the mega cheap takeover window closes with the drawing of the finance shortly, the cheapish takeover window is the next year or so (which would still make most of us a decent profit), and after that it will be more expensive again to do so (more expensive takeover).

That sounds like a fast way to lose money. Buy the highs here then sell the lows and then go and do the same on oil!

Course not. It’s just BS scaremongering.
Best to ignore this board for a while as there’s a rather obvious set of trolls intent on trying to panic people with nonsense.

Considering all the people who claim to have sold sizeable amounts…the price action is remarkably strong today.
Can’t be too many PIs left willing to have any shares gleaned off them and the vast majority will soon be held by IIs.

I see the handful of cretins are still spamming this board trying desperately to get everyone to sell!

Sorry, five now.

Four market makers have now ticked up as the buying comes in to mop up...