Member Info for WelshFalcon

You have to think about the various types of funding and what they are used for.

If you set up a company using a loan, then you have to make repayments direct from the off. Likely to go bust if you can't produce enough income/profit from a standing start. This is why you issue shares, the risk of failure falls entirely on the shareholder. You raise additional funds in the same way if you need prior to becoming profitable, but only as long as there are willing shareholders happy to back the business plan. This is where we are at....

Now, on a good P3 plus expected pre orders, all sorts of funding opportunities open up. Bank loans / company bonds / pre order advances etc. etc. In this situation a well run company would use all non dilutive options first, after all the BOD are there to gain best value for their risk takers (shareholders). Basically if you can borrow he cash at x% while making a return of (x+y)%, you achieve free cashflow of y for your shareholders.

So, on a good P3, I would not expect a cash raise from shareholders.

Trump tactics part two....

The 'I'm the victim' bit.... Ho hum.

He'll be denouncing those that don't accept his version of reality as fake news next!

Naaaa. He's just trying Trump tactics. Repeat rubbish as often as you can, maybe someone will believe it in the end.

It's also pivotal for combating Covid.

The largest player is likely the US, so to give them a heads up makes sense. From the company perspective (regulatory too) you don't want to risk a leak (plus share activity) from a 3rd party, so our RNS would come soon after. Makes timings a little tricky.

Will all point to lunchtime at the earliest, an after hours RNS would work as well. Leaving the US with data overnight without announcing would be very risky.

Just my musings..... while we wait.

Don't discount today, it's still early.

I recall RM mention of various gov's wanting a heads up on P3 results (they got spooked when our 'results' RNS landed, it was our financial results).

So, RM may need to get this out in a specific order on the day, so an intra day RNS is possible.

Don't forget that there are only circa 201m shares in issue. That's not a lot. We know how many are in directors' hands and we know how may are with Polygon & Polar.

Once this starts to move, there will likely be a (short term) liquidity problem - more demand than supply. There is a good chance that, once the ball starts rolling, this will rise hard and fast until enough PIs are tempted to sell.

Set your plan in advance and stick to it......

Good luck for next week.

@BBP, now that has a logic about it. Makes total sense.

Just saying that the man in pub (in this case some wise old owls on the EUA board) says so doesn't ring true to me. Right from the original posting it looked like a cancelled trade - for whatever reason. Following your description, perhaps it coulds be cancellation of a 'fill or kill' order that didn't get filled. Now that I can believe.

By, not buy - sorry guys.

Surely you need to return the borrowed shares at the same price at which you borrowed then (200p in my example)?
Transferring them back to the lender at any other price would simply transfer the profit/loss as well as the shares to the lender.
You need to make the lender whole (plus his/her fees) buy transferring what you borrowed at the value you borrowed leaving the profit/loss on your own account.

Agreed @FTC7.

I'm just mildly interested to see if we ever get an explanation of how this relates!

Not sure about this!

So, you borrow 50,000 share for example to use for shorting.
You sell them (at, say 200p) in the expectation that the price will fall enabling you to buy them back cheaper, keeping the difference. If the sp falls to 150p, you have a nominal profit of 50p per share (£25,000). If the price rises to 250p and you need to close out your short (you have to return the borrowed shares), you have a nominal loss of 50p per share (-£25000). borrowing and transaction costs are extra, of course.

So where does a simultaneous sell and buy at the same price fit in? Are you not still left with having to return the shares borrowed?

Worries over 'large amount if investment' for processing Nickel are way too premature!

The simple answer is that as and when we get down to the depth where the Nickel is, it will be extracted and processed if it is economically viable at the time. If there is a return on the cost and effort required to to set up processing, then it will be done.

All we need to do at present is to recognise that it is there and is a potential additional revenue stream.

Well, it finally arrived. But not the one I was looking for..... Ho hum!

£10 for me, minimum.

There's still time fr today's TR! to pop up.....

Well worth another look, thanks for this.

There you go - fixed it.

Oh No, Fruits!

You've done it now, introducing Eggs! That's a whole new 'nest' of pun opportunities.... run for the hills...

TR1 today: 50/50
The big results RNS Monday: 60/40

hard pill?

you mean Bittern Pill, surely?