Member Info for telegraphist50

I can't see them updating us on the repayment of the loan anytime soon. The original facility was due to be repaid by 17/1/20 and the first we heard (after much conjecture on here) was 7 weeks later on 6/3/20 that the loan had been extended to 6/6/20. The issue here is do we have any recourse for compensation because if the loan hasn't been repaid and we end up incurring more cost and/or issuing shares at virtually the lowest SP we've seen since the company listed when the reason we might not have been able to repay is we're owed millions by GoN?! I won't hold my breath

I thought the extended loan facility was due to be repaid by 6th June 2020. I agree that as they mentioned they didn't consider it material, that we're unlikely to be informed whether it's been repaid. If their comms are anything to go by (which is what they did last time), the first we may know about it being extended (again) is a random RNS at some point in the future. If it has been extended, then cash on the hip must be in short supply.

Personally, I think most of us have already done our bit. I reckon it's time for the BoD to do their bit. Once any closed period is over, I'd like them to put their hard earned in here as a real statement of intent. We might just be off to the races soon (hopefully) but lets be honest, from a starting point of 8p it's not where us long termers we're expecting us to be several years on. Patience is a virtue and I think we've earned our time in the sun so please, AK, please bring it on!

Paul - can you put another consortium together please?! ;)

But price has held steady. I presume these sells are being bought by someone(s). I'm sure we'll start rising one of these days. I can't believe how much the general market has risen since it's Covid collapse in March. We fell but haven't yet recovered anything!

Some of you need to stop posting as I've bought another 100k (shares) today heavily influenced by what you post. It's got to stop please! Have a great weekend, sun's out, bbq is ready to go and I'm sure our day will come! ;)

The last we hear of what?

Thanks for the heads up itsriskythat. Wasn't Capital Access last research note from a couple of months ago TP 54p? I can't find it on SAVE's website now but if so, it's a bit of reduction. Still, I'd take 28p at this point! ;)

And to think, I (currently) trust them with my ISA & SIPP!

SAVE haven't put the Numis Securities note they alluded to last month. I've tried getting it off Numis website but you have to be registered as a corporate client. I presume SAVE could put it on their website - does anyone know?

For now, let’s just be thankful that it’s moving (albeit slowly) in the right direction this week. Atb

I can, the question is can you?

tightest spread we've seen for a while also. Is the worm turning? (famous last words) ;)

Yes, 4:30pm I believe

Today. Long may it continue!

Nice to log on & see it in the 30’s. Hopefully 50+ by year end will do nicely! Enjoy the BH everyone

I'm not sure the IIs' would support that nen having put up the lions share of the capital at a much higher SP that was needed to keep this business going for the last 5 years. They're hardly likely to let it go for peanuts just at the point the actual 'promised' FCF starts to flow into the business?

I take your point nen, who would turn down 'freebies'. However, (and I know you know the point I was making), if the SP at this level is a 'bargain' (which I think/hope/pray it is) then the BoD should be digging deep into their own pockets to demonstrate to the market that they believe it to be so also. If the cash keeps rolling in and the debt keeps being paid down as per the last 19 weeks, the market will have to take notice and the SP will rise. Well, that's my plan! ATB

Some Director buys would help sentiment. Apart from AK none of the others have a sizeable holding. Btw SAVE a genuine thanks for the updates, lifts a lot of the recent fog!

9p? I’m demanding double figures! ;)