Member Info for seamus12

Mark, you say high risk
Please put some substance behind your thinking

Mark I'm genuinely interested in how that could happen ?

Money in the ground and if low SP the BoD don't walk away with, lets just say a lot

If no sale then surely they'll extract themselves giving a short term drop but ultimately it will rise gain

LTH
That was my fault buddy :(
Think Maryland was talking to me

Hey all
Well my plan of jumping back in prior to the ruling isn't going to happen even though I do actually think judge will take it to vote. Those that know me, know the two I jumped into were CRTM and EUA so will understand.
From the bottom of my Heart I truly wish you all well, especially those still here from last year
20p by Friday ? I doubt it lol more like 35p :)

Not sure LTH
Not sure it will matter
Rarely has a vote been overturned my a Judge, so if Amigo are allowed to offer comp to all customers past and present the vote should pass
There are so many if's, buts and maybe's
Personally I believe Amigo will come out of the other side but don't see it being a straight line

lol
Doubt you'll ever see him again after SOA is passed

I'm pretty sure FOS would only get one vote if classed as the same as customers
If they get the nod to put full claim in I can't see that being a major issue compared to the SOA ruling
I assume the SOA supersedes FCA Vreg but not 100% sure
I'd be very surprised if the Judge says no to vote but not sure it will go through on the day

Hey All
Hope everyone is well and making a few quid
I thought you might be interested in the below

Hi Chris,



I am well thank you. I hope all is well with you too. Please see below answers to your questions. I think Q3 is answered with Q2.



Kind regards,



Kate.



My question-In relation to the Judgment on the 30th March, will there be any party opposing the passing of the SOA?

"The first court case is on the 30th March and we have a number of customers who have asked to attend and may therefore wish to speak. This ‘convening hearing’ is to consider technical points around the construction of classes under the Scheme – not the overall fairness of the Scheme. However, the judge will probably listen to the views of various stakeholders before making a decision. "



My question- If the judge decides the current offer isn't sufficient, will it be a straight no without the chance of changing the offer or would another court date be made?

"As above, the judge is unlikely to consider the fairness of the Scheme at the hearing, as that is a matter for the creditors’ vote. Minor tweaks to the scheme documentation can be made by the judge at the hearing. More significant changes would require us to resubmit the paperwork at a new hearing."

Bozzley
"Can anyone tell me anymore on the following? How successful was the Baobab Asset Management Fund?"
DYOR buddy, we have
Invest or don't but this is tedious

Pitter
Again I don't disagree, but Amigo have basically said they've had problems under previous management
They did contact customers offering top up loans and basically didn't do the required checks for that loan
As an Adult I believe if I sign a contract I'm responsible for that contract but that isn't how it works anymore and Amigo should of known this
New board will see Amigo thrive again but to put all this S H I T on the customers is just letting the old board off lightly

Agree Franky
Amigo saying % of profits from Amigo 2 is the same as Provident saying Vanquis will support claims which they aren't
I'm still on the fence whether or not them coming out now will help or hinder Amigo. I think maybe help as two of the biggest lenders saying customers get nothing if you don't support should! wake FCA up. But we all know there's no telling what brilliant idea the FCA will have

Pitterpatter
Agree or disagree with the outcomes. Those that know me here know my thoughts on those borrowers now claiming,
But, anyone that claims and wins aren't classed as lending irresponsible, they are classed as the victim and have have be miss-sold ergo, there will not be a black mark against them

Hey Mouse
How are you doing ?
In relation to other other companies seeing your claim against Amigo and making lending decisions based on this, I'm no expert but I would say that would be illegal with GDPR. If I make a claim and my claim is upheld, it will have no influence to my credit worthiness when applying for future lending.

Rather than slate debt camel, I befriended a certain camel lady to get her views
We all know the counter-argument and she's actually put it across well in relation to the Boards rewards for her words "screwing the customers" this needs pre-handling before courts day
As Franky has said, Amigo has the best of the best on this but I can't help thinking that it will be higher than you think Franky
And to be honest I don't see that as an issue lets say pre-SOA SP is 10p with all ducks in a row at even 50% profits, as long as the market sees profits it won't hold SP back as it still allows Amigo to grow and invest. And then imagine if Amigo was as successful as we think it could be on these terms, terms finish and some of that cash they've been paying out turns to dividends! £1-2 easy maybe more 20-30 times current sp

Hey Franky
I hope you are well
If anyone knows as much as the board it's you buddy :) Or at least you've covered most possible angles on here over the months
I'm still thinking higher offer and it'll get passed by Judge. What I don't know is, if the judge says no on the day can Amigo counter offer there and then to get a yes, or will they have to RNS that the Judge has said no to SOA in the current format?
The difference on SP would be huge
Yes RNS no matter what % of profit could see a 100% uplift V quickly
No RNS and I think we could test 7p or lower until yes comes
I do ultimately belive a yes will be the end product

I think this thread just shows how tightknit the CRTM group are
100% in a month and that's just the start and yet no one on here lol
We are happy to welcome anyone onto the telegram group invested or if you have questions
or listen to the latest pod cast
https://total-market-solutions.com/2021/03/critical-metals/

Well, if that RNS was hoping to rise SP so he could do a placing to raise funds, that's backed fired
Maybe, he'll realize the market wants a JV but from what I've read he doesn't really give two hoots what the market wants
Lost all gains from last week but hey ho made my bed and I'll just let it sit in my SIPP and see what happens

That was me last week-quick buck

But I'm now happy to wait 2/3/4 years for 5-7p but many will be seeing last weeks profits getting lower and lower
MM's know any positive news will see it shoot it back up so I'd assume they are filling their books at these levels

Simple
MM's drop it and people get p i s s e d off and sell
Acker, not everyone is sat on 700% profit (well done if you are) so 30% drop in two days will get to them

I know Frankie and I hate being out but do think it may get back to 25p so that's my target
Only hold 6m here now at .23 after topping up yesterday so not balls deep
I'd like 100k EUA- What's your estimated price on EUA?
I've been in CRTM since 8.5p so may sell some of them pre RTO to jump back into EUA