Member Info for Thechukkers

weaker demand for stainless steel having a slightly negative impact for nickel may actually work in our favor as we can produce at a much lower cost ?

the fact they said funding will be a staged approach implies they have made progress on funding imo. gla its only a waiting game imo. if tony would think its not gonna work dont think he would just milk us for money and take part in placings as well. and remember we have botswana pension fund here as well. so they would not be only milking us but the pension fund as well. hehe sounds unlikely imo.

made a five year high over there, and interestingly gaped up shortly after we closed!?

low liquidity may be behind big swings, but i would agree, i have never seen such a drastic rise there

oops, i see aimtodeath already posted this
apologies :P

https://www.youtube.com/watch?v=8jlu9Kbq69o
found this on twitter

crazy full ask still getting hammered

something leaked or an ii buying!?

thanks brad, damo makes perfect sense, if you can buy all of the shares at 2,2 it doesnt make much sense. but i guess there is no risk there, if the shareprice goes up you can take the options if not you dont have to do anything. the only way it makes sense is if you sell a sixth of your holding to cover the cost of open offer and end up with the same amount of shares but options as a bonus? is that what you guys are doing? are you not putting any extra money in. just curious?

... just to clear the confusion i i thought you essentially had the options for free and essentially get free shares at 4.4p? or you simply get the right to buy shares at 4.4p?

i see i did it again :( ignore the garbage i put out

you forgot the options- for every 2 entitlement share you also get 1 option

thanks brad you are absolutely correct, i just reread the email they sent, i didnt really think about so skipped it subconsciously i guess, cause what if the amount i want is not available will they then automatically give you as much as they can
"There is also an excess application facility on this offer. Shareholders may apply for any whole number of excess shares in
excess of their Open Offer Basic Entitlement subject to availability. Excess applications may be subject to scaling.
If you would like to take up this offer, please notify us in writing by secure message or telephone, clearly stating the number
of shares you wish to apply for, no later than 5pm on 05 July 2020." this is in the email i got, this only applies to excess shares then ? i am a bit confused now :( i only read the part where it says if you like to take up this offer ...such an idiot

i just got it all sorted as well, defo will opt to take any excess shares should there be any available

didnt think about that, i guess that makes sense

looks like someone is offloading quite a bit , bit annoying been one year now that i am invested here, knowing that financing is around the corner while seeing the sp drop is leaving me with mixed emotions on the state of things.
i have decided to take up on the offer though, can increase my holding by approx 25%. with financing around the corner current low price is quite tempting and could be very rewarding after the all this corona crap is over

at least some good news
https://www.aa.com.tr/en/latest-on-coronavirus-outbreak/botswana-lifts-coronavirus-lockdown-reopens-schools/1878591

https://www.prnewswire.co.uk/news-releases/eurobattery-minerals-signs-investment-agreement-with-option-to-acquire-the-hautalampi-nickel-cobalt-copper-mine-821649244.html

can you put me down for 8p
by septemeber surely this coronavirus bullcrap is over and markets will be improved somewhat ? :(

i do not understand how can there be no formal ppa needed, yet they have invited companies to tender for 2X50 mw projects ? the companies have been shortlisted, i wonder if there is a list somewhere of companies who took part in this ?