Member Info for Sp28

Only in the last hour...

1,740,759
909386
1,000,000
2,000,000

Follow the money.
Traders out, double your money investors in!

Mm's are filling orders, wide spread.

Plenty of 1million+ buys.

10million buy from yesterday at 4.05p

Once the 'buyer' restarts their buying machine again, this will undoubtedly head towards 6-7p atleast.

Let the mm's do their thing, by hook or by crook they will make their money

Once they have collected this will rocket up

Could be intraday.

Once announced will immediately rerate.

Sit back and relax

Offer could well go UP!!

You got to be in it to win.

Have you got your Kun Manie sale tickets???

Some of the desperate suggestions are beyond belief!! Hahaha

Looks like everyone wants to be onboard this train, next stop 7p!

Unfortunately in life things are only worth how much someone is willing to pay for it, no matter what we 'think' it may be worth!!!

If £100m is best offer, thats the worth, if its £200m, i'm sure everyone will be happier.

Eg I 'think' my house is worth £450k, but if the best offer is only £350k...

Whether peeps like it or not, decision has been made, and it wouldn't surprise me if they had votes to push it through. I'm sure they have done their homework and wouldn't be wasting their time.

Hope a bidding war ensues with atleast one other party, just to drive the price up a little.

However it seems to me the buyer is probably known, been circling for a while, and the desperation for Nickel assets around the world, has made them show their hands.

Let's see what happens tomorrow and in the coming days, we will get an update soon.

Set your alarms for 7am! ;)

Just got a feeling things could wrap up quite quickly here on in!

Deal may already have been made!!

Discussions are ongoing around the £100m mark.
Would not be surprised with an RNS in the next few trading days. Maybe even tomorrow.

Clearly already been discussing for days/weeks, only that they had to announce something 'today' because of speculation!!

Wow

£405k buy!!!

Right asset, right location, and now the right time!

Current in situ value ~$30bln. With the way demand, prices and nickel stocks are heading, in situ value could very easily double by summer!!

If Chinese, Japanese, Russian companies and Major Global Mining Companies have been waiting in the wings seemingly thinking nothing is happening 'lets wait', well no waiting now, ALL interested parties will have to throw their hat in the ring and show their hand.

Let the bidding commence. Hope RY keeps us updated now that the news is out!!!

Will definitely keep us on our toes. Could well be after hours! Tick tock...

Thomas Bowen has conducted a similar sale before, will come very handy with his experience. He sold IG copper close to AMC for $200m.

Interested party could increase offer to £150m, and they maybe happy to sell. After 2.5 years, I wouldn't complain. x3 from todays close.

£100m is very cheeky.

As one has shown their cards, this could get very very interesting now...

Lets see where negotiations takes us.

M&A going through the roof for battery metals. Plenty of major metals minors & car manufacturers are desperate for high grade Nickel.

Other parties will now come forward. I would guess at a bidding war!

This will be done pretty swiftly I reckon.

Although massively undervalued, buyer will be taking on all the risk.

So we know its now officially worth atleast £100m. Thats what someone is willing to pay for it.

They may pay more, after negotiations.

Another party may show their hand now, and we may get a bidding war.

Now what is the current market cap. Joke

By COP today, following days, this gap will be closed!

Mm's looking for sellers, to make an easy buck, they know where this is heading, and that is up. Towards atleast the £100m value.

FOMO will kick in by COP

If a competing bid comes through, then who knows!

@SB - Totally understand your point. But everyone (including myself) wrongly thought sales would be flying in. I'm sure some even said £150m!!

Crux of the matter is revenues were less than guidance, 4.2% less. Just don't see how they can say 'in line with expectation'

All the best to everyone.

Cash as expected. Fantastic.

However revenues are very disappointing. Less than forecast. Not sure how they can say 'in line with forecast'. And £100m was forecasted before the huge Omicron wave, so therefor Omicron had ZERO impact on sales!!!

We were all calling out for an RNS update on new sales/guidance etc. However we were completely wrong! There was no RNS, because there was NOTHING to report.

See how it goes. No idea which way it will swing.Cash in bank is the only saviour.