Member Info for steve124

We have £6 million in the bank. Why do we need warrants.
Have the new BoD said we need more working capital?

HL wont give me a price for selling £3k worth of shares (dummy sell).

@multibaggerjim - I agree with you and VLS will want to turn it into SAF as well. Waste will be a very interesting commodity in the next few years.

Not until 8.00am tomorrow morning.............lol

Does the new BOD need to even legally have a vote on the warrants bearing in mind they have £6 million in the bank?

Would you care to elaborate on the Telegram group as i know nothing about it?
Is it a secret club?

Thats why I asked earlier if there was a way of knowing who had what holding as the emphasis is on them to contact Egremont which is fine - but what happens to those that aren't on this BB?

At 50p there will be many paper millionaires on this thread!!

I think he was referring to the mc of 3M

Is there any details published anywhere as to who owns what in RMS?
Keep hearing GC has 14/15% so does that make him the biggest shareholder?
Are there any institutions taking positions?
If I was a big pharma I think i'd be interested in building a stake.

Laver- I have a substantial holding that is not accounted for in the no to warrants list.
Is this what the Telegram group has been set up for?
Sorry but I don't even know what a telegram group actually is......presume its like whatsapp?

Has the date of the EGM/AGM been announced as it was supposed to be before the end of January and 2 weeks notice was required which says to me it can't happen in Jan (unless I've missed the announcement)?

Hi Padfoot - Thank you for taking the time to explain in plain English the warrant issue - it certainly does need to be voted down as thats a massive dilution that does not benefit us PI's.
Maybe this is why we have not had any positive RNS from the new board. I'll explain why. If PI's have several million shares (which i know many have) the temptation would be to sell out once they had doubled/trebled (insert your own figure) and its not beyond the bounds of possibility this share could hit 10p within a month. Where would the 25% come from then?
(VLS went to 16p when a Govn minister mentioned them by name so if this is the breakthrough we think its not impossible it could get a name check in the daily briefing).
I wonder if the good news is being held back until the warrant issue is resolved?

@ Padfoot........great post.
Can you please clarify something for me.
I keep reading the old BOD (ex GC) have sold all their shares so presumably they can no longer vote yes to the warrants?
I completely understand why we need to vote them down but wondering who is going to vote them in if they are no longer shareholders? Is the default position yes to the warrants until 25% say no? Do they just benefit the old BoD?
Sorry if its a stupid question but it keeps churning round in my head.

@Warleb ......Yes it can be done and you could be described as being brave.
If RNS had dropped you would have been out in the cold.
It was a gamble and it paid off this time but very risky.

Hi,
Newbie and downloaded link for the support today.
Amazed how many are still writing their details on that link without downloading 1st.
I've seen lots of personal data today on this form and emailed various peeps to warn them.
Please DOWNLOAD before you fill it in.
Cheers,
Steve

What happened to all the deleted posts about the possible sale of "Spirit"?

Google has this up 5.6% yet HL say its down 0.67%.......work that out?

IAG shares dropping 30% wont help

For someone to buy nearly half a million at the close last week i'd say you may be correct.