Member Info for wasarunner

I can sell above ask now. Is that a good sign :)

3.57p

don't knock it Flavourshaker, it's all pickedpeck could get for his kitchen sink!

Personally I sold my kitchen sink early last year and have been slowly dismantling the house back to foundations to buy here. Nothing left now so just have to wait for the fireworks to start!

Will be genuinely surprised if we don't get a TR1 for the JPM holding (and Craigieboy is right they have been selling over a period of time). By my reckoning today or maybe Tuesday at latest it should land if there is one. I had thought when the proaktiv call next weekend was announced that it would follow up on this announcement, and any other news they can report next week. We will see! Still time. Those shares all went somewhere!

It will be one of two things either a rally call to muster some momentum and reiterate we are on track and it is coming soon, which would be nice, but nicer still would be a discussion on any news that might drop beforehand. My hope is when I saw that that the tr1 may drop either side of this weekend confirming the buyer of jpm shares, possibly and/or any other nuggets and something meaty to talk about. If news is close it would seem unlikely they could talk about it without releasing it first.

Could also be a scene set for how or if they see covid impacting completion of financing and start of mine build. Ie what specific lockdown measures would have what if any delaying effect.

Like you EB I am hoping for some news to drop beforehand.

No holdings RNS yet, maybe tomorrow? Or maybe the buyer is slightly less diligent than JPM or perhaps Horizonte can hold the RNS as long as suits them (within the reporting rules) in case it is significant news.

Westie if it really was your Mrs can you please ask her to update the co. to put us out of our misery here. Some of us are watching our investments with beady eyes.

what she accidentally bought 8.9% of Horizonte from JPM? Easy mistake to make that on the credit card.

100% teck I am hoping, I think most here would take that.

with a date say early next week when it will all be done and dusted. Say Tuesday. That would be very good indeed.

Hi soundbuy, I am really really hoping the co respond by saying "we would liketo issue a new updates significant shareholders list but as the list is about to change very significantly and very imminently in the context of the mine financing underway we will hold off until on completion of financing". That would be, ideal.

haha yes I had hoped to use a special divi to buy in here pre financing with any proceeds - but alas timing is not happening.

I think we are very close here, maybe a month away (perhaps more) gamechanging news. Financing is the company making event, when I first invested 2 years ago I had believed (not sure where I got this from?!) it would happen last summer but this summer it looks like being - company has confirmed on track.

true but City Financial were in dire straights and probably reporting things was the least of their concerns! Can't see the same being with JPM really, unless the current crisis is more serious than we thought!!!

EthioEthio recognise you from the EUA board :)

If it helps I've bought everything from 1.7p to 5p over last two years and sit at average 3.2p (ish) so we're not far above that. And very very confident here. This is not such a bad entry point.

Teck buying would be huge news IMO. It could give us the pre finance mcap £100m that JM is after. Market appears not to think so today though as nobody is buying?

...or, I could have it completely wrong and JPM have been selling over months - but I just don't see it possible.

If it is Teck by my calcs they could end up 30% post financing round (assuming they buy into the equity portion with an increased holding from the JPM purchase). I don't know how Vermelho will get protected (or whether it will) in the Araguaia financing round but if it is one of the miners building such a large stake, either Teck or Glencore, then surely they have half an eye on the prize asset - which will be Vermelho, in time.

Hi Craigieboy I don't have FB but can connect from partners account - her initials are JL. Let me know how. Apols to board!

Craigieboy are you on twitter? Could dm. Apologies to board.

My money on Orion but really hoping Teck or Glencore. If a miner adds 9% pre financing - clear signal of intent.

5. Date on which the threshold was crossed or reachedvi:
18 May 2020
6. Date on which issuer notified (DD/MM/YYYY):
19 May 2020

The sell took place on or by 18 May. 4 days stock market rules means we should be notified of the buy by COB Friday I think. Will be most interesting to see who it is.

I'm really struggling to see how this wasn't another II (or multiple) taking the stake in which case they have to declare in next 4 days (stock market rules). If they declare within next 4 days we will either have a new II on the books or one or more of the current II's with a substantial increase in holding. Either of those announcements should have a massive impact on the SP surely as it tells us that the deal is just about done. Unless I am missing something obvious, all of this will happen in the next 4 days. When will the SP move to anticipate it?