Member Info for SGbaby

It's hard to trust reporters these days.

But they are saying they learnt it directly from the MoE, it's not a rewriting of articals found online.

Its a great find!

Morning all!

Cannot believe we have an article ticking all of the boxes and we are still sub 10p. Crazy.

I remember when we were 300p just off articles saying maybe they might think about maybe looking at coal.

It really really feels soon now.

GLA

Yes!

Ahhh, good times.

Good to see you here as well (and we are top of the table!)

Great to see you still here mate. Doing really well thanks, somehow I've ended up working in Riyadh, which is going well.

Can't believe this is actually happening at last!

How are you?

Well this is fun isn't it! What a RNS!

Still holding here from years ago, good to see some old names still here!

ATB and GLA

Holy ****, is this possitive?

I'm not sure why you felt the need to deramp like that mate

Up 30% now

Small top up and average down for me. The drop feels over done based on not much other than uncertainty

I tend to agree mate. Been holding for so long I might as well see it out now to the bitter end.

If something was going to happen it would have happened by now IMO

https://www.reuters.com/world/india/no-bids-over-70-indian-coal-mines-up-auction-2021-07-09/

I'm not sure what this means for GCM, but it looks to be a reflection of the trend away from fossil fuel.

I really have no idea what is going on here with GCM. Its beyond comprehension that the MOU hasn't translated into an agreement or a parting of the ways after all this time.

Thanks.
Sorry I wasn't that clear on my question, I was wondering what the rough split is and if they tend to own or rent the space.

Hi guys, I'm taking a look here, does ciniworld tend to own its cinemas? so is a real estate play as well as retail/entertainment?Thanks

While I'm no expert on this type of negotiation, I read that as the shareholders are onboard, but the board arent?
Either way, this is clearly a hostile bid by RBS

"This announcement has not been made with the consent of Deltic."

Thank you! Looks like great value for RBD

What's the RNS guys?
I haven't got an alert and I can't see it on investigate

Marv, its past tense because GCM believe that the impact of CV19 has already encouraged the GoB to review their energy strategy. Rather than, they hope it will in the future.
The wording is so fluffy though, GCM 'believe' (well has it or hasn't it, it is a belief based on fact or hope?) that it has 'encouraged' (does that mean fast tracked or bumped it up the list or just a general discussion point?) to 'review' (they are constantly doing reviews, that’s why we've been here waiting for so long!)
There is nothing in here that gives us anything concrete to go on, or anything to suggest this is more than wishful thinking by GCM.
I'm still here and have been, and I sold half at open because there is nothing in this RNS that gives me facts except: JV isn’t done, GCM/Power China don’t have the green light and the MoU is extended for 6 months.
I would love to be wrong and I hope we get the JV RNS ASAP!

GL all

Has anyone been able to find anything out about Dyani? Given they have such a large holding / deep pockets it's quite strange that they don't even have a company website.

“…as previously announced, notes that interpretation of the data gathered from the West Newton A-2 operations is ongoing. The Company is aware of market speculation in relation to such interpretations, but it is too early for the JV partners to be able to confirm their accuracy or not. Work is ongoing and further updates will be made in due course.”

I read this and thought wow.
If we go back to my previous posts on the 3 possible motivations for the placing, we have 1) grow the business at the expense of SP 2) exceptional opportunity that’s too good to miss 3) they’ve made an error.

I think it’s now safe to say that we can rule out option 3. The chance of an error having been made and S&S have gone heavy into one asset without fulfil appreciating what they have done as extremely remote. IMO this RNS also effectively rules out water or a reservoir that is over pressured or otherwise unrecoverable. That would be very well known by now and the JVP would never have invested if there was a serious chance of nothing coming from it. The market would have been informed by now IMO.

This RNS isn’t a denial. It actually says that RBD is aware of the market speculation in relation to the interpretation of the data gathered from West Newton A-2! Maybe I’m reading too much into it, but doesn’t statement validate the base assumption of the data being valid? Doesn’t that statement mean that RBD think its plausible that the numbers presented yesterday could have come from the data set that they have shared with the JVP and probably other potential partners? If the numbers we totally unachievable surely they would have had to be more forthcoming in the response?

Anyway, we all pay our money and take our chances. I think this RNS is a great signpost to validating the numbers and as such I have topped up. It’s all just informed guesswork at this stage until we are privy to the analysis of the data.

GLA

The market has done what the market does – and that is be cautious in the face of uncertainty.
There are only 2 positive options and 1 negative option RE the raising. Only one of those 3 options are truly good for the shareholders.
1. S&S have abandoned their entire business model and have decided to build a company for the long term and their own person gain. Their gain will not come from share price appreciation but from other sources like salary and bonuses plus a good job at a major later down the line.
2. S&S have identified an opportunity that is too good to miss. That good enough to disrupt the business plan for. For the cost of some short term pain, the extra exposure that Reabold have just bought into will hopefully make everyone very wealth. If not, then would conclude that they wouldn’t have taken the punt and that they wouldn’t have been able to raise such a large amount. This is good for us and good for the share price in the medium term.
3. S&S have made an error. They have inadvertently focused the company primarily on one asset without fully appreciating that that creates a lack of flexibility and is a departure from the business plan. This is the negative outcome for everyone.

Currently the market is being cautious, and not fearful, by only dropping to the raising price. This happens often. The next movement will come when there is clarity about what option Reabold have actually taken. If you think they have taken options 1 or 3 then this would be a very poor investment and it’s probably time to move on. If you think its option 2, then hold on and wait to see if you were right!
GLA