Member Info for SlurmsMckenzie

”I've had 'fun' reading the car crash of the last 5 pages of posts here.”

Then you're a weapons grade a hole.

I'm no city financial whizz but could they be hedging a long position?

Polo then? Best of both worlds.

And if would be nice to see Gavin Cornhole have his day in court.

Tbh I personally don't give a gnats chuff who you are or not, Stella. But the jubilee metals thing is interesting.

Epic news

https://m.youtube.com/watch?v=G2LBIFQEr2M

For those who don't like mystery links .. it's Family Guy and ”The bird is the word”

B.b.b.bird bird bird the bird is the word .. :-)

I also stand by my request that any decent actions be opened up as class actions

I don't quite understand.

I mean I think I get the gist of it but ... I must have the wrong interpretation, because my interpretation is that a whole world of sht is about to explode.

Given how the markets could go today, the timing of the raise in retrospect could be fortuitous.

Ftse 100 down 180 pts in pre trading.

Share price could get hit further still, but with a path to production laid out, this could be screaming bargain soon.

I'd like to see them come out of the bunker.

Who in their right mind would take up the rights offer at the moment.

I'm guessing they don't quite need the money from PIs but also they really didn't see the market reacting like this

Fortunately , given funding (or promises thereof) we don't need the standard AIM jawboning to raise the share price before a raise (ho hum, too late for that), be nice to have some clarity on Glencore , the options and just what has been going on though

I had to google supercilious

If not for those posters would the price of the raise not have been lower though?

Speculative I admit, but would a 7p raise have happened if the price was 6p. Given what had transpired I doubt it.

Thanks Wasa, I was a little unsure myself , exactly due to the reasons you've given about how the CLN qualifies.

Two thoughts spring to mind

1) The interest rates on the debt were great partly because of the ratio
2) People talk about onorous terms if there are delays but there's such a massive safety cusion now and I mean huge. That also probably feeds into why the rates for debt were so good.

Without trying to go over too much of the ground we all covered yesterday, I think the past 36 hours have seen for me a brutal re-anchoring of expectations but that's exactly what it is, I need to ask myself presented with this opportunity would I buy shares at this level and the answer is yes (i probably won't simply due to portfolio weighting).

What was the debt/equity ratio in the end , I don't think any body has calculated that yet , where we promised a certain ratio (ACR for those in know)?

Thanks Westie that's exactly the one I was thinking about. Shame to see you off the forum, your presence is missed but I understand why people need to take a break.

The comments on the video are probably worth going over my main criticism of their critique at the time was their supply figures were too optimistic. It's true there won't be shortage of accessible potash in the world it's not hitting a natural supply crunch like nickel or copper, but EML should be a bottom quartile producer anyway.

I don't have a link to it but I remember some guys on YouTube doing a comprehensive review of the investment case , and saying they doubted the figures for potash used.

I remember they were quite open to feedback on their takedown (which they got) and of course the prices used are all in the past now, but it was a good steel man exercise. If you have no luck finding it I'll see if I can dig it out.

It's not a bad price to come in at for a small percentage of a portfolio 2-3%. My next buy will be Glencore though. No point me whinging about the big boys I'd might as well buy more of them.

Nothing personally against you contrarian

I'm intrigued as to what course of action you'd take? Especially considering you've *not *been doxxed and that's not your twitter handle.

I appreciate you may think your up against a hostile crowd here but that's a strange response.

Do we know what price these options will be at?

It would affect how I feel about them , for instance could they just be some future facing options?

”I'm off to do the hoovering now !”

V clever F29