Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Thanks Timmit, yes I guess what some posters are complaining about is that your type of summary would have been useful. Yes everyone should do their own research etc., but considering this was about half of prim's cash pot used, would be good to have more info about the prospects and reasoning around the investment decision instead of the complexity of the deal structure. Like Rupert said, focus on the salient points
Yes agreed Richemondo, rather complex (to me anyway) and confusing in terms of ownership across the different entities. An interview or two would be helpful . But VRFBs look promising and hope the rewards will come to all shareholders soon
Positive to hear Richemondo. Going to read up some more on VRFB later today, but this indicates growing interest and demand:
https://www.energy-storage.news/news/chinas-largest-solar-plus-flow-battery-project-will-be-accompanied-by-vrfb
So that's about half of PRIM's cash pot used, hopefully we get some more positive news soon on the rest (and the spacs!)
skittish there's another 2mil printed, delayed from yesterday
Rupert reads this board, maybe he can help us figure it out ;)
And on top of the 1mill sell yesterday, a £10.79k sell this morning, SP doesn't budge
Volume has dried up last two days, now that the big trades seem to be done. Guess current shareholders are holding on and there are few new prospective shareholders because PRIM is tiny and way under the radar with limited news flow (so far). Guess if positive news lands and the new demand flows in it can lead to quick and large jump in sp, not many shares to go around
Surely we're due a holdings RNS after the recent trades?
Thanks for sharing your thoughts and insight skittish, exciting times
£73,500
Is that 73.50k trade a buy or a sell?
Hi skittish good spot, you can use the internet archive to view old snapshots of websites, they have one from 27 March for that page so you can view the modifications since then: https://web.archive.org/web/20210327162153/https://primorusinvestments.com/our-investments/
Agreed re Truspine. Bit of a muted SP reaction - while this news is good to hear, it's nothing wildly new as we've had and known about these investments for some time. Think the real jump will (potentially) come when we find out more about the SPACs and what the BoD is going to be using the £4mil cash for (and to get them past the 10p options!)
Positive update, great news on Zuuse - 12 month revenue up 15 %
Clean tech and investment in renewable energy is booming, here is a good report from Angel List. Hoping Prim can capitalize on this trend given the BoD's claimed connections and interest in this space
https://www.angellist.com/blog/inside-the-venture-climate-tech-boom?
Nice spot Timmit. Tomphys there are very few shares in issue, if you take the ~22% BoD holdings out that's about 109 million remaining
Yes BoD's holdings together with a number of PIs with large holdings and sticky hands - fewer shares to go round.
Squib not squid!
Yes Kernowboy1 bit of a damp squid wasn't it
Yesterday Engage filed for an allotment of shares on 26 March, they also did one on 5 March: https://find-and-update.company-information.service.gov.uk/company/08926632/filing-history. Can someone with a better understanding explain what this implies? New business partners? IPO?