Member Info for Shedulike

Thanks Teaye - I was thinking it was your turn.

PROP - are you aware of the likely news flow in the next three weeks?

Executed at 5p - all is not as it seems.....

I have been trying to buy with no luck, had to go to NT, I'll let you know what price I get. Seems like the MM's are happy to take them off you but not to let you buy at this apparent price. Filling their satchels for the news flow.

Let's just say it doesn't lack mass. Actually I have grown rather attached to it, but so has the local wildlife.

No CJ it's the guy that said yesterday that he would sell all his holding today rather than yesterday even though he knew the SP would be lower today. So high credibility levels! Let us know which is your sell won't you Rob?

Well done for having the nerve to switch your camera on yesterday Cjen! I booked makeup but they didn't turn up in time, plus my lockdown barnet is the stuff of nightmares.

Good news for SA holders Brikz. Let's hope this is the start of rebuilding investor confidence. I wonder what the first news will be? I'd probably go with some slightly boring but essential hydrology followed by (fingers crossed) EU money, Mets last and then news on our destiny. Is that too much to ask?

told you :)

It has not attracted quite as man idiots as i expected Brikz, almost though and it's still early! I thought the Euro funding was really interesting, I'm certain that wouldn't have been discussed unless they were very confident. Should put us in a very comfortable position in ongoing JV talks.

Maybe Teaye, though your point about the ISIN number was relevant. If we do see a load of A trade sells it might be non-vigilant bottom drawers with limit orders, not sure....

Hooray for you Bobby - LR for Universe Boss! Actually better not joke about this, trust me there will be people out there......

Boka - I don't think that process will have started yet. In the GM the company lawyer said that holders under £1000 will be contacted by the company and then have a significant period of time to make their mind up. Can't remember for certain but didn't he say 60 days?

Guessing but that just sounds like its being processed Gary, nothing has changed at all on my account yet. Stand by for some fun and games today, I'm digging a footing for my extension hope it doesn't feel like a trench, or worse a grave! Seriously though LTH's if it is a tough day try to think about the coming news flow and panic not.

The Amur Bridge is good to go as well once travel restrictions are lifted UDF.

Sounds like a fairy story in itself but could the Ugly Duckling be about to turn into a Swan? Unless I missed posts this went uncommented on from 7th July... "The Group is expected to record an unaudited profit attributable to Shareholders for the six months ended 30 June 2020 of not less than US$5 million, as compared to the unaudited loss attributable to Shareholders for the corresponding period in 2019 of US$25.2 million". Saw this on the wires this morning as well, "China daily crude steel output hits new record in June on Robust demand". The SP has doubled since march - looking up at IRC?

Great summary Brikz, I felt they dodged my question on deleterious elements somewhat, perhaps I put it badly but Myles seemed to answer a different question, future in politics perhaps? Tomorrow will be interesting to say the least but I'm confident that our Execs know that they have a mine. GLA

Teaye he has already confirmed that, I think Brikz had the most interesting reply on that subject. Radika I don't see how consolidation will help the SP short term, except the obvious spectacular false rise! So let's say to avoid confusion I don't see how consolidation will increase the value of your holding in itself short term. However there is a massive period of news flow coming up. Reading between the lines there were a couple of snippets today that pieced together suggest to me that we have options - mention of EU grants and waiting for metallurgy before deciding on strategy. The second bit I think meant next operational strategy plus the course we will take in funding the next step. LR is very cautious and I think something is in the pipeline on EU funding for him to have mentioned it. The scale of this could dictate how strong a bargaining position we're in with a potential partner, so they don't want to put the cart in front of the horse so to speak. I remember not rushing being mentioned as well and I get the impression thinking back that they want to establish where EU funding might leave us before getting into bed with anyone on a JV, all the while metals are recovering, particularly silver the most source of cash pre mining.

I really don't know Teaye so completely open to suggestions, your point does sound reasonable though. I do suspect we'll see some trades tomorrow that might suggest not everyone has grasped what has happened. From the RNS "Shareholders will have the same percentage interest in the Company following the Consolidation, but will hold fewer individual Shares, with each Share having a higher market value due to the total aggregate number of Shares in issue being less". Hope pasting that doesn't appear patronising, I'm sure the vast majority are on top of this but I'm kind of bracing myself for a lot of wilful misunderstanding tomorrow.

Thanks Soul - did anyone have any thoughts about forgotten limit orders? Just wondered if there will be a number of 'bottom drawer' type investors who will have stopped following the story (understandable given the SP!). Basically aren't they going to get their shares taken out on the bell tomorrow morning having placed modest limit orders in the past? I guess look out for a load of 'A' trade sells first thing. In addition I have seen comments on the 'Latest Share Chat' in the past where someone has said words to the affect of "Wow look ACME Metals have just done 1 Billion %!!" not understanding a consolidation has taken place. Incredible as it sounds will there be holders who will think something extraordinary has happened and sell? Nothing would surprise me.