Member Info for tomcat-14

no coincidence then... that dma was in there on monday evenings closing auction...

did you notice the 140k dma buy order in the auctions last week... for 5.3p...

nothing with opex... have you?...

bump... that took some time to get...

because of this option probably... things may change now... who are their creditors...

whoever wants to buy it... it’s in administration atm...

in judicial recovery...
that looks very much like the one we might have been waiting for... (page 932)... i could be wrong...

any other reason why they’d release a statement of issued equity like that... out of the blue...

has there been a bid on them or something...

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and a good summary from ganfeng themselves... https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0207/2020020700925.pdf ...

the $16m excludes the value of the $40m interest free loan... so adding that in would push the 1% transaction valuation closer... if not to... the project npv8...

olaroz has an npv8 valuation of $1.8bn... npv10 $1.3bn... ganfeng have just paid $16m for 1%... valuing 100% at $1.6bn... almost smack bang in the middle of those npv’s... takes ganfeng’s ownership to 51% allowing ganfeng to consolidate that asset onto their balance sheet... easing their ability for future fund raising... lac’s ceo noting that olaroz was already over funded before the transaction... and is more so now with this additional $16m investment into the project...

an interesting insight as to why... https://twitter.com/globallithium/status/1226255761690550272?s=21 ...

an interesting insight... https://twitter.com/globallithium/status/1226255761690550272?s=21 ...

$16m for 1% of the olaroz project... plus a $40m interest free loan for repayments into the parent plc co... https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00027103&issuerType=03&projectNo=03015417&docId=4661436 ...

https://twitter.com/horizonteplc/status/1225757397785939970?s=21 ...

ganfeng now taking a controlling interest in their out of country jv lithium project olaroz... $16m for an additional 1% ownership of the project (valuing 100% = $1,600m)... plus a $40m interest free loan... the $40m going into the parent plc... https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00027103&issuerType=03&projectNo=03015417&docId=4661436 ...

appeal dismissed... ruling upheld... and a 2% fine for applying delaying tactics by means of an unjust appeal... fine to be increased to 10% if they do it again... try to delay the process that is...
all my own words and interpretation... any lawyers in the house...

smashes $700... more like... https://ir.tesla.com/stock-information ...