Member Info for scoobyrex

It is impressive (if a little sad for LTH) that they have amassed this number of shares with very little SP movement.

137 Billion Swiss Francs is £103 Billion, numerous funds, they are not a small investment fund

GAM is a global asset management firm built by investors, for investors. We are more than 900 people in 14 countries, who collectively manage CHF 137.4 billion in assets for our clients (as at 31 March 2019).

RNS GAM holdings surpasses 5% holding on 30th April.

a 5k buy, big by recent transactions

what factors will push this higher ?, why did you buy at 7 and are advising buying now ?.

I invested higher than 7 and the reason I invested hasn't come to fruition, so i am interested in other peoples drivers for investing here, whats your thesis ?

I am asking as I am mulling a gradual reduction in my holding and taking the fairly significant loss.

Lithium Miner Bacanora (BCN) has just jumped 10% on no news, I am having a good week except SXX.

it is also the address of Druces Solicitors

234 companies registered at that address.
number of mining companies.

Most likely, Solicitors or Accountants providing a cheap sublet of a mailbox.

two months to go till the AGM at the end of June.
What could happen between now and then to stave off an a angry hoard of shareholders.

WR38 next week, they could really move all the equipment and get that completed written up for an RNS within 9 days, assuming end of next week ?

MCAP at 15p SP is around 40M, 200M MCAP is a 5x at 75p assuming no dilution.

80p at year end has been pitched by a number of people.

It all comes down to the remaining wells and the logistics of delivery to paying customers.

demand is there

can buy £100k at quote

0.458 to buy
0.425 sell.

heading up

Forgot the link

https://news.sky.com/story/yorkshire-potash-miner-gets-sirius-with-2-7bn-fundraising-11707272

I have taken a bit of a bath here, currently largest loss to date, I had two opportunities to sell and didn’t as I believed news would be positive.

Here is some information on a share which should have a good uptick tomorrow if the announcement is made.

Sirius minerals SXX, a polyhalite mine being built in Yorkshire has been stuck in the 20p ish range for months due to the lack of financing for the next phase of the build. It has been dragging on for ages.

News has broken on Sky that a deal has been done and it looks like a decent structure. If the RNS breaks in the morning a rosy uptick should occur.
Put SXX on your RNS feed ready for 07:00 and get in on the action if it drops.

upto 1 month later for FDA minutes there have been cases or earlier release I believe.
Squeaky Bum time for lots of investors planning to see this through.

Proactis is behind the purchasing/contract system of a county council.
I am a trustee of a charity that is partially funded by grants from this council.

We had a meeting last month with the council (funding/budget issues) and financial systems came up in discussion, Proactis was mentioned and I said i was a small shareholder and asked her some questions around her experience.

I didn't ask what elements were in use.

there are two positions here.

Bear: The growth warning, mcap reduction and II sell offs as they are "in the know" that the company is failing and the results on Monday will prove rot has set in and the SP will decline further.

Bull. The growth warning was just that, a warning that growth was not going to meet expectations and the associated SP decline was an over reaction therefor this will bounce back to a fairer valuation.

Right now the bear has the dominant position and has done for many weeks, until the results are out this will not change.

My own view is that the sell off is an over reaction and the detail on Monday will restore some confidence. I expect SP at 40p support next week with some peaks for the day traders to play with. Announcement to be low double digit growth and a reigned in cost base as I believe the SP reaction has also shocked the PHD leadership.

I feel for the long term holders, I am a few % down as I bought in slightly before the bottom tested multiple times around 30p. I have spoke to customers of the product who like the product and the people.