Member Info for Tillywhiz

No wind here , no rain , beautiful sunshine beaming ,
Not sure what all the fuss is about …

Mind you I am sat in the medieval jacuzzi with Septic Lil , supping grog & giving her leathery Manatee skin a once over with the orbital sander ,ready for the big one

# Liquidity event incoming

Rums all Round

Current numbers - in 20-22 harbour

Stock price 20.50
Current
Bid 20.5
Ask 21
Vwap 20.4
Volume 2.9 million
Algos - inactive
Mia - 90k

Average daily vol 10 million
Market cap £568 million

Stock on loan 30.35 million
Days to cover 2.85
Cost to borrow 3.3
Number of loans 140

We sit held on this 20-22 invisible bungee # Ukraine effect

USA ii in twice @ 26.5 for $40 million - still a great top up under this price in my eyes

Storms will pass &
Bring on the Liquidity event

Rums all Round

Monty & all

Lithium play - Prem - I hold a position & been cranking up of late as news brewing & a superb tradable stock as extremely volatile , # Rum cash
Apologies for off topic .

Rums all Round

Storms will pass as they always do

& The Deal Cogs just keep turning as money to be made ,
# Green Energy Boom

So grab a bacon butty &

Read this beautiful passage from the RNS again

. As announced on 8 February, we are making good progress despite the current geopolitical context and a separate announcement will be provided. Contrary to speculations, the Directors and the Officers of Eurasia have not sold any shares and, as the largest shareholder group, are focused on the liquidity event along with all shareholders".

superb time to add in my eyes .
USA ii in twice @ 26.5

& add to that , DLA Piper working hard with the BOD & negotiating the best deal for stockholders

& a little more cream ..

Nickel - 23,900
RNS quote
"Tier 1 Scale" means deposits that are "company making". They are large, long life and low cost. Using long run commodity prices, they generate >$300-600 million per annum of revenue and are in the bottom quartile of the cost curve

# Strategy will be successfully completed
# Liquidity event incoming
# Divis for all stockholders

Rums all Round

We ain’t sailing as yet today
WINS put the chains on 20
Vol 750 k thin

Time for a bacon banjo

# Bring on the Liquidity event

Rums all Round

Usual crack
Trapdoor UT to give a false drop ,
Shake a few nervous sellers overboard to feed the buyers
& move back north within the manufactured trading range
Vwap 20.45

The Beast is heading out of the harbour 21 incoming

Rums all Round

Morning All

Likely opening 20.50 pre ut price
For reference vwap 20.27 to start

Rums all Round

Stock on loan / shorts

Had a rummage through the numbers, note - these numbers are a small % of the free float however the sudden large % increase has to be recognised in my eyes as can be a sentiment gauge

Clearly noted 750 k of shorts closing today in multiple trades .

Stock on loan
30 .35 million actually increased slightly
So perhaps more shorts were opened than closed ( the trades noted closing )

Days to cover - 2.8
Cost to borrow 3.3

Overall shorts have increased 30% since the Ukraine issues erupted ( last 3 weeks )
I believe there’s a mixture-of ii weighing up risk & hedging against longs

& Some financial groups gambling on escalation hence the rapid increase in shorts
However the numbers show many small shorts rather than large individual.

Number of loans - current 140
( if divided into 30 million = 210k of stock or 40k average short - )

Number of loans
1 month ago 78
6 month ago 40

So perhaps the Ukraine effect has given artillery to shorters & fuelled by nervous pi’s jumping overboard , meanwhile larger positions being hedged .

Let’s hope these sabre rattling get resolved rapidly with doughnuts & Vodka

BOD - clearly noted in last RNS , the deal cogs keep turning
# Liquidity event incoming

Rums all Round

Evening All

Batten down the hatches , windows tonight all , storm incoming ,

Well all apart from the window on the mrs side of bedroom ,
just in case a severe gust of wind causes some sort of freak centrifugal vortex & sucks the battle axe out the window ! Ha ha

Not a great session today ,
. Ukraine skirmish nerves & chest feather ruffling weighing on market sentiment
. Financial groups using it as a caveman club # Shorts opened + fuelled by nervous sellers
.MMs happy to cooperate # UT uppercuts

Not pretty , however last weeks RNS was clear enough in my eyes just have to weather the storms, add when can & await Asset sale conclusion
# Liquidity event incoming
# Substantial Divi
# Green Energy Boom

Rums all Round

Stix & all

Afternoon dude ,

Septic Lil regularly gets STi ‘s , Surrender Brenda drives a Gti , & got a nice wardrobe from MFi , & she covered her payments with PPi , if that has any relevance.

Rums all Round

Trapdoor activated

Not a great session as markets very nervous with all the chest puffing & potential skirmishes
Send some vodka & Doughnuts & let’s have a handshake & get this deal done .
# Divis all round

Rums all Round

Like I said earlier
The problem with Twitter is unraveling the fact from hornswaggle it’s certainly a platform for many to toss agenda driven waffle on .

Like to see the meat on the plate # The actual 1 million trade

If it were fact you would expect a tick up on the bid at the time but nowt . Just saying

Shorts closing were noted & I believe many more to come .

Rums all Round

Ljm & all

"Tier 1 Scale" means deposits that are "company making". They are large, long life and low cost. Using long run commodity prices, they generate >$300-600 million per annum of revenue and are in the bottom quartile of the cost curve

Caw - cheers mate

Rums all Round

Ljm & all

It’s 600 million annually I believe not total

Rums all Round

Caw & all

Snap
Apologies mate we crossed over

Rums all Round

Precious metals just keep motoring
# Green Energy Boom

Platinum Spot USD/t oz. 1,089.76 +24.35 +2.29%

Palladium Spot USD/t oz. 2,392.61 +106.64 +4.66%

Nickel 23,905 per tonne

Gold (Comex). USD/t oz. 1,898.60 +27.10 +1.45%

# Canna couple of shipmates give DLA Piper a shout to add a couple of extra zeros on the Divi Cheque

Rums all Round

Mike & all

Afternoon mate , this morning before those noted trades
30.3 million decreased 100k

Rums all Round

This is the reason the shorts are running for the exits ,

Septic Lil has formulated a list of potential tattoo quotes for her Leathery buttocks ,

‘1, ‘ focused on Liquidity Event ‘

2, ‘ strategy will be successfully completed’

3, ‘ £600 million Nickel Basket ‘

4,‘ negotiating best deal for stockholders’

5, execute on our strategy as previously announced".

7, ‘ Substantial Divis ‘

Septic Lils tossed a couple of extras in for the patient stockholders

1, ‘ Herculean Divis distributed to all stockholders served by Randy naked Russian wenches wearing nothing but a lick of goose fat ‘

2, Shorters & Naysayers, huddled in a concrete canoe , snarling , burnt & sharing a pot noodle

Rums all Round

Caw , rise & all

Not a fan of Twitter can be difficult to riddle the fact from hornswaggle ,
Would like to see the meat on the bone # the 1million trade

However definitely 750k of shorts just closed as per the trades I tossed on deck

Current stock on loan / shorts

30.3 million- decreased this morn - will likely decrease further later when figures drop
Days to cover 2.8 decreased
Cost to borrow- 3.3 no change
Utilization 74%

Rums all Round

The 1million trade was Septic Lil topping up !

Rums all Round