Member Info for Tallchad64

The point is at 12.30 tomorrow when the UK market closes, it will be 7.30am in the US (east coast) and many potential US buyers will still be ticked up and bye byes zzzzz

Wont be next week. Too late for the option strike price

I think by 7am this morning we will know. I suspect you might be right, AZ will be weighing up whether to give the news tomorrow which as a half day is not ideal as the US will still be tucked up in bed

Mt Tibbles, try and look on the bright side. We will come to a deal, both sides are playing hard ball, but it's just posturing. We both need each other.
The substantive terms of an outline deal will be agreed late December, along with a pragmatic standstill agreement (essentially an extension of the transition arrangements) whilst the detailed paperwork is filled out.
Both sides want to take it to the wire, to get the best terms....so this is the logical scenario as I see it. But of course there are no guarantees that this will happen which makes for squeaky bums on both sides

Yes me too. This is now so cheap, that anything beyond basic viability for this business will exceed expectations. I like the risk return on this company, especially as this is a 'real' business in a positive sector, rather than a wing and a prayer mining or tech stock.

Based on the below 2 items
https://www.spglobal.com/platts/en/market-insights/latest-news/metals/052220-gold-miner-barrick-plays-down-talk-seeking-copper-asset-doesnt-rule-it-out
https://www.barrick.com/English/news/news-details/2020/Senior-Appointments-Strengthen-Barrick-Exploration-Team/default.aspx

You have to believe that this and all other scenarios will have been considered and included in legal agreements, and insurance policies etc.

Hard to work out why the delay, the number production would be a mechanical process so have to believe it relates to the narrative. Hopefully not 'going concern' related fingers crossed

ah found it.

can you post a link please Ismalia?

More importantly, what a great name to have in your client portfolio, alongside Carrefour. Both household names, prepared to use SYME. What great references. Then the sky's the limit.....you can only imagine tesco, sainsbury's....then caterpillar, general motors, Fiat, Boeing, Airbus.......the possibilities are endless

Rough and ready, I reckon £1bn of inventory monetised should approximately translate into 1p on the share price. So depends on how much of the inventory is in scope and passes the due diligence of course. That could be the big news awaited for the UK update and it could be why AZ is so confident about the share price at the end of December.....but then who knows?

$5.8bn of inventory. Nice if it is......

Hang around then, interesting hobby you have

Thanks for pointing that out, I'm sure you're right. You'd better jog on then

Amazes me the kindness of others that even though they aren't invested, because they think this is a poor investment, still find time to log into LSE to point out the errors of our ways to those mere mortals who think we see the opportunities here and are invested (though we are obviously mistaken!!).

Odd isn't it. For clarification I have no idea who he is.

Reading this more carefully
- This is Europe only.....other regions to follow
- October 2020 tranche €300m delivers £6.5m revenue. About a 2.4% revenue margin, and it is recurring for 3 years with an option to extend!! Recurring revenues.....surety of income, excellent
- March 2021 the remaining €1.34bn (if I read correctly). At the same margin this would deliver £29m of revenue....one might also assume recurring??
- The likes of Carrefour could be dipping their toes, the potential is therefore massive once the 'pipes' are proven to be working and given their focus on inventory management.
I don't know what people expect from a new wheel, but I think this is excellent

Carrefour is a stand out client. They carry $7bn inventory wordwide

100% correct. There are companies that do the right thing and communicate with investors as much as they can, and others that couldn't give a t*ss about investors and treat them like mushrooms. The best companies lie in the former bracket and this absolutely includes SYME. In my view they are doing absolutely as much as they can, without breaking confidentiality etc to communicate with PIs and this is to be applauded.