Member Info for SK79

A new page for REDDE has been created with newer threads on LSE. Was hoping that there would be some link to take advantage of previous discussions on the post but unfortunately not....

Anyone else looking forward to the results tomorrow? Hopefully there will be information on whether the 15th May deadline of clearing the water below 0.5 million cubic meters from gypsum pond was ever met.

No probs. you'll just have to be on the forum to read what crystal ball says ha.

my phone's app has replaced hhr ticker with redde with op as sp and 0% inc...you know it's all go now! New sp targets with the new look company...

Guess the new name and the consolidation is official now after the RNS released earlier today!

Norrinrad, my crystal ball is failing to tell me that unfortunately :(...because you've got your retirement plans on the line and I wouldn't like to be held guilty for any ill advice even though I've got my mortgage plans on hold here, I've still got few years on me to graft if I lose it all! Yes I am hoping the share price could see 8-9p after the Q1 results for few weeks before they start dropping again. There might be a significant drop on the confirmation of de-listing news...I can sense it from the posts on the thread here! The major jump (the 20-25p I was talking about earlier) should come sometime before September tho...cos TALV have to submit their debt restructuring plans by then and hopefully an agreement would be reached before then to finalise their plans. And if it doesn't better be ready to bail out on small losses. Do read Pekka's interviewish on Reuter's website posted today...It is really encouraging. The RNS didn't do justice to what the underlying message. GL!

Don't recollect the news of merging with another industrial partner been mentioned before. It is really encouraging and elaborates on the positives of yesterday's RNS! It does prove some of my assumptions wrong tho. I thought the restructure was for the management / organisation but it is actually debt restructing!! So, apologies for jumping the gun and coming to conclusions yesterday.

It is still 50:50 for them to get the funding. I personally think that they are in slightly better shape than they were this time last year: - The performance was decreasing and the incidents were increasing last year. However, this year they are on the path to recovery...so the performance is getting better, no incidents so far this year (touchwood) and clearing the previous year's mess - The legal proceedings are obviously less in no. now and all the leakages / fatalitiy settlements are public knowledge and stakeholders have a better idea which way these could go, in most cases anyway. The Stop Talv group has been quiet for a while as well...so maybe even they are restoring the faith in the company. - The Nyrstar support also increases the confidence slightly as well. - The operations have resumed and there is less uncertainty about the business due to all the above. - They have issued the sustainability report and auditor's report, etc. to try and come clean and also have a strong sales pitch for potential funding. - Due to global nickel demand and less competition due to Russian ban, Indonesion Export ban and few other miners going under (as was posted previously on the board), the business is definitely looking more profitable than this time last year. Q1 interim results will give a good idea of that. Last few years nickel prices have been supressed. That's just all the facts that I am aware of and basing my decision on that! Surprisingly they are all positives as well other than them still being so deep in **** (from past couple of year's) that they need a snorkel...haha Dicussion guys? I'd be happy to see this share go upto 20 - 25p on the news of potential funding and I'll sell. 400% profit from my average of 5.25p, I'll take that :)!

I guess it can be seen as a bad news for those who are hell bent on exiting before the de-listing. And bad news also as it seems that the company is no mood to restructure in the absence of funding in case they fold. However, when I ask myself whether I really care what the structure of the organisation is like...there are million and one companies each with their own organisation structure...Does that give me any confidence in trading in one over the other? Probably not, do I look at the management structure for all the companies I invest in, no is the answer again. I do look at the top layers (names and their linkedin / press profiles) to see how capable they are running the business! The statement on the re-organisation was not going to shed any light on the savings within the company as the big overheads / renumeration packages were mentioned in the RNS earlier anyway. So from affecting the share point of view, I don't know how it would have had any impact. The deferral could actually also put more pressure on the govt. or the partners who have vested interest in the company. I'm definitely going all the way with this share cos the extra charges that'll come with trading of this share in Finnish exchange will be dwarfed by the profits. GLA

Power, Hargreaves Lansdown got mentioned earlier and I use Saxo Bank who are slightly cheaper than Hargreaves.

I completely agree Paul, hence my second post to correct my original post. Apologies for the misleading information. But I still think the 8p / 80p scenario by end of this month will still be a bit far fetched, post consolidation sp will range between 50-60p in the absence of any news, in my opinion. I hope the autofocus news is out soon after the consolidation.

I might have been too quick about my opinion on the share price after 27th May in my previous post. Reading about the RBS share consolidation in 2012, it would appear Mericaman was correct in his expert advice. http://www.bbc.co.uk/news/business-18341263 However, I would suggest a read of the article below, really insightful into what can happen post consolidation: http://www.iii.co.uk/news-opinion/peter-temple/share-consolidations-are-just-corporate-chest-beating Post consolidation, the share price will become less volatile so what that means is that people who were invested in here to earn 200 - 300% profit might not see that happening for next few years now...that is if the business goes really well for the company! I might hold on until after the consolidation and if things don't change much, then I might move back to my penny shares (which HHR won't be at 50-60p)

I have held this share for longer than I had planned initially. So, folks leaving are thinking the same...apparently average growth in AIMS market was 500%, i.e., there are shares in the market with higher yield potential which possibly explains the low interest in the company by pi. Now the next news is not anticipated till Sep. what shall potential investors anticipate...autofocus news? Hmm, the silence and delay from the company tells me that it might have been another storm in the teacup...Any comments? Anyways more to the point. I notice a few inaccuracies in the company's net cash balance mentioned on the board which is £33M at the end of 31st March 2014 compared with £62 M at the end of 31st Dec 2013.If we all remember that there has been a purchase of the law firm with that £62M?! (http://otp.investis.com/clients/uk/helphire/rns/regulatory-story.aspx?cid=339&newsid=406791) The dilution of the company will have the following effect (copied from the link: http://otp.investis.com/clients/uk/helphire/rns/regulatory-story.aspx?cid=339&newsid=406746) "Each new ordinary share will have a nominal value of 0.1 pence compared with the nominal value of each existing ordinary share of 0.01 pence." Key thing to remember here is that there is only a change in the nominal value by the consolidation but its market value, also known as the share price, will be decided by the market factors of demand supply, media news, management ownership of the shares, direction of business and other such events. So, a direct conversion of share price from 8p to 80 p won't happen. The share price will not jump overnight in value post consolidation, it'll we be a slow rise (I hope no fall as we've observed recently). The above link mentions more meaningful dividends which I did get excited about at the start. But if you look at the scenario again; I owned 100 shares out of 1000 share in circulation which got consolidated to 10 shares with only 100 shares left in circulation. Now if company declared £100 in dividends, pre-consolidation I would receive (100 x 100/1000 = £10) and post-consolidation I would receive (10 x 100/100 = £10). So, it wouldn't make any difference to my dividends yield from the shares, which would also apply to Autofocus dividends (if any). If I bought more shares and all the new investors would obv get more dividends / share. My summary of the news would be that the above decision will certainly have a good long term prospects for the share holders, however no short term gains unfortunately for the existing holders. So, the investors selling their shares are not daft and probably heading to companies for a quicker profit. It just took me a while to take-in the consequence of the consolidation which ain't much in the short term peeps!!!

Amongst other brokers, I use Saxobank and luckily all my Talv shares were transferred a month or so ago to them. They trade in almost all markets in the world. Charges in the following link: http://www.saxobank.com/prices/stocks/commissions Reason why they are not my only brokers is the fact that they only deal in the shares listed on their website (of which Talv on Helsinki is one): http://www.saxobank.com/prices/stocks/stocks-available Quite a comprehensive list and they have in the past added the stocks I wanted to the list upon request. Bit of a hassle in phone calls, e-mails, etc. They are a lot cheaper than HL as well but don't credit the transfer out fees unfortunately (one thing to watch out for is the inactivity fees of 100 USD)! I hope folks who are transferring to different brokers to stay in Talv will soon see the profits, but don't blame investors who have left. We've all got different investment strategies and goals. GL

quick post guys...just been away and have upto my eye balls...please don't panick. the only affect will be difference in Forex and the additional currency conversion charges by your brokers...some brokers might not deal on Hels ex. In that case you might want to transfer to another broker for usually a sum of £25... My advice would be don't go selling just now...still a risky share with a lot of positives to come out. There won't be many local traders (mainly index traders, which I don't think are many) I understand, but more than 75% shares are not held in LSE anyways... Just saying it cos I think, we all could walk out with some profit (if the sp doubles, trebles in price) despite the additional charges we might incur...I'll get back over next couple of days with my reasoning behind my arguments.. If the all the above admn is too much hassle or you think the drop in sp over next week or so is too much for you guys then fair enough. GL

It is great to see Aviva, Hendersons and Woodwards increasing their stakes in the company. That's the kind of institutional investors you want to hold majority of the shares than the day traders. It is definitely looking to be a medium to long term share with very little price fluctuations. Also, shows the faith in the company by investment institutions as Merciaman pointed earlier. GLA

yup...had a read of it last night...nothing much new. The renumeration report is a bit of an eye opener tho into how much these guys paid. The bonuses for the team are not too bad upto 75% of their wage in bonus for the CEO and 50% for any other board of directors! Well Im certainly in the wrong job haha. Hope to see a bit of blue towards the end of the month...poss drop in it till then or hold in the price best case!

Talvivaara has published the Review by the Board of Directors, the Auditors Report, the Financial Statements and the Corporate Governance Statement for the financial period 2013 Talvivaara Mining Company Plc ("Talvivaara") has published the Review by the Board of Directors, the Auditor's Report, and the Financial Statements and the Corporate Governance Statement for the financial year 2013. All the above mentioned documents are available on Talvivaara's website at www.talvivaara.com/financial-reports. "I am upto my eyes at work but will review once home but just thought if anyone's eagerly waiting any of the above publications then it is out!

I also need to buy the Indian chap called Reddy a pint...how did they say the name was Latin!!

Forgot the EEEEEEK!!!!!!! I am not going to say much on the effect of the consolidation....let rampers do that job...I am just going to sit back and enjoy the ride...