Member Info for SilverSpoons

Does anyone know the total amount of FRES shares out on loan at the moment, and while you at it where can this information be obtained for free? The way this share is behaving I suspect the figure is quite high.

So massively improved results and the stock hardly moves, in fact it was even down at one point today. So why is reason leaving the stock market. Go on the internet and there are loads of articles about irrationality in the market. IMO it all comes down to the fact that the market in options and futures is now so big that it is perversely effect share prices to the benefit of the sellers of these options. And not just in the short term, I think medium term prices are being effected also. I also believe the regulator is asleep here and a correction when it comes is going to see more than one or two financial firms fail. Naked selling of options is the most obvious issue here. This high risk strategy has the potential to make the firms and individuals involved a lot of money but is high risk with no safety valve should the market suddenly move against you. In addition, I feel that not enough attention is being focused on some of the trading websites that are springing up, We all know what happened after the Swiss Frank corrected in 2015. https://www.businessinsider.com/foreign-exchange-brokers-are-getting-wiped-out-by-the-swiss-francs-surge-2015-1 Frankly I don't see this ending well.

So back to FRES. I believe that FRES is too popular with geared traders, whose long positions are nothing more than a bunch of call options, for it to be allowed to rise. By ensuring that most of those options are never triggered everyone but the punters makes money. Only once same said punters move on will truer prices prevail.

PS Check who your custodians are. It matters.

Gabriela Mayor | IRO
IR@fresnilloplc.com

Write to investor relations and ask why:

Investor Relations
21 Upper Brook Street | Mayfair | London | W1K 7PY
+44 (0) 20 7399 2470

https://unctad.org/system/files/official-document/presspb2012d1_en.pdf

The policy recommendations at the end are very interesting.

In addition it is worth considering what effects the options market may be having on the share prices. With so much spread betting and CFD trading going on these days I suspect that the tail is wagging the dog: https://www.reuters.com/article/sponsored/uncovering-covered-calls

Not on market price , but based on projected earnings and assets. IMO based on the improvements in the prices of silver and gold over the last year it must be at least as much as the market is valuing it now, but then again I'm sure the broker ratings that will no doubt come out over the next few weeks will disagree. I'm surprised at how sluggish this share has been when compared to the smaller players in the sector, but at the same time should I be since its pretty clear now how "irrational" the market can be.

Neutral RNS. Share price drops over 7.5%. What do the sellers know what we don't, or is it just spivs playing games.

Algorithms, spivs and muppets dictate short term price movements not fundamentals.

So since midday Monday the market has gone wild. Why? Supposedly its because (1) the Goblin has lost the vote and Prince Charming is about to be crowned Herod and (2) the alchemist have managed to come up with some magical vapours to protect us from the mystical curse that has stuck people down and even more mysteriously eradicated flu as a cause of death.

Me, I'm not buying it. Polycations are still rushing for the lockdown and are totally happy with imposing the new normal even if that does (or especially because) cause (1) the decimation of the travel and hospitality industries. (2) the slashing of non covid medical provision, (3) huge increases in mental health and domestic issues, (4) the self employed having to abandon their vocations and enrol themselves into any large corporation willing to take them, (5) turning social interaction into a crime. Judging by some of the stock price changes some people seem to think that everything will return to the old normal next year. Yer right.

Anyway, looking at precious metals, yes they have fallen this week, but no where near as much as precious metal mining companies, which makes me wonder why. I mean if next year is going to be all rose and precious metal investment is going to drastically decline as people rush from their safety into a rampant bull marker, why haven't they fallen too. Anyway I for one maintain my medium term faith in the sector no matter what games the mm's decide to play.

Well add the 4 top owners holdings together and you have a very interesting percentage.

In the results. That said, they show a company hemraging money. I understand conditions are unfavorable, and that have yards and people stand idle costs money, but why can this company not make money on it's large projects. Our it's salesforce just unable to produce fully costed and contingency provisioned quotes, or are they simply bullied by management to under bid everyone else as a way of winning work. The size of the losses would indicate that this strategy of effectively subsidizing the customer is not working. Imo I give it a couple of months before another rights issue, at which point we will be asked to fill the coffers again in the hope that this will not just be another charitable donation.

https://www.itv.com/news/2020-05-06/debenhams-accused-of-stealing-as-retailer-demands-90-discount-on-clothes-from-suppliers-already-being-sold-online/

Once you factor in all the exploration, drilling, administration and costs of finance. Probably quite a lot, hence the low valuation of so many oil companies. Only the majors with their diversified supply chain income streams and economies of scale seem to be safe from the debt maturity crunch.

https://trentdailytimes.com/2019/12/11/lamprell-lonlam-pt-lowered-to-gbx-50-at-jpmorgan-chase-co.html

https://www.ft.com/content/a6b7268c-ac9d-11e9-8030-530adfa879c2

https://www.thecourier.co.uk/fp/news/local/fife/921909/shoplifting-at-debenhams-store-becoming-a-crisis-says-sheriff/

With time the pre-pack will be seen for the pyrrhic victory that it was.

As an aside, on the basis that the refinancing create a firm footing for the companies future, can someone please explain the current bond price?

If BP sue Greenpeace for the cost of renting the rig while incapacitated due to Greenpeace's actions, how long can Greenpeace occupy the rig before they go bankrupt?

The limitation period varies according to the nature of the cause of action. The limitation periods for some common claims are:
Simple claims in contract: six years from the date of the breach of contract.
Claims brought in respect of deeds: 12 years from the breach of the obligation contained in the deed.
Tort (excluding personal injury and latent damage): six years from the date the damage is suffered.
Personal injury: three years from the later of the date the damage occurred or the date of knowledge of the person injured.
Negligence (in respect of latent damage): the later of six years from the date the damage occurred or three years from the date on which the claimant had the requisite knowledge and the right to bring such an action. This is subject to an overriding time limit of 15 years from the date of the negligent act or omission, regardless of when the damage was discovered.
Fraud: six years, but time only starts to run when the claimant discovered the fraud, or when he or she could, with reasonable diligence, have discovered it.
Defamation: one year from the date of publication of the defamatory act.
These dates should only be treated as a general guideline as the expiry of the limitation period can vary according to the precise circumstances of the case.
https://uk.practicallaw.thomsonreuters.com/7-502-0631?originationContext=document&transitionType=DocumentItem&contextData=(sc.Default)&comp=pluk&firstPage=true&bhcp=1

https://uk.practicallaw.thomsonreuters.com/7-502-0631?originationContext=document&transitionType=DocumentItem&contextData=%28sc.Default%29&comp=pluk#co_anchor_a857446