Member Info for WelshFalcon

It's just MrCosts broken record. His daily anal fixation on attacking RM.

Getting a bit boring now. Yawn.....

Wow, are you really still banging this old drum?

and pipe the 'waste' oxygen out to the greenhouse too.

It would be a useful system if you could pull out one of the (red?) gas canisters and pop it in your car too...... No charging overnight, plug and play - as it were.

Oh my! 600,000. you must soooooo much cleverer than the rest of us here.........

Count me out of this silly exercise...... utter nonsense.

but if they don't want to destroy the confidence of all the other shareholders and crash their value, there would need to be a good reason for raising cash this way.

Just doing it for a mate will be a complete disaster.

So, you mean GDXJ et al only need to go to GGP to buy shares at a discount..... not buy in the market.

Planet earth calling..........

??? @red381, whatever you are on, send me some please!

Agreed, GGP may need some short term funding to breach the (time) gap between now and when HAV is producing. The $50m NCM loan may need to be restructured at some point (GH hinted at replacing this if cash becomes available cheaper).

There are so many more ways funding can be achieved without a placing.

The "I'm so clever, I told you so" Ego trip on full display today!

Er.... no.

The aim of the game is for the BOD to use the company assets to produce long term sustainable value for shareholders.

It is NOT to massage the ego of traders!

https://elifesciences.org/articles/67569?utm_source=twitter&utm_medium=social

"These findings suggest a role of host predisposing genetic factors in the pathogenesis of the disease, which may be responsible for different clinical outcomes as a result of different antiviral defense mechanisms as well as specific receptor permissiveness to virus and immunogenicity.

Recent evidence suggests a fundamental role of interferon genes in modulating immunity to SARS-CoV-2; in particular, rare variants have recently been identified in the interferon type I pathway that are responsible for inborn errors of immunity in a small proportion of patients and auto-antibodies against type I interferon genes in up to 10% of severe COVID-19 cases (Zhang et al., 2020; Bastard et al., 2020)."

I have to say, being quick to judge on limited information is not always good.

GH, being now free from the restrictions of being a director (that's share dealing restrictions) now is able to manage his wealth to best effect.

He may well have appeared to have sold, but do consider what he (and anyone else with the right financial advice) may have done.

Transfer some to his wife / other family members / his church (is he religious?) etc.
Pledged some to back a loan for a new venture.
Transferred some into a more tax efficient vehicle.
Creation of or transferring into a family trust.

There are many reasons why his shareholding could have reduced on the register which would be prudent management of his wealth. In fact I would fully expect GH to do this sort of thing.

Our collective experience of him is that he has always worked for shareholder's benefit - why would he change to a pump and dump strategy now? Does it really make sense? Does he want to pop up as CEO of another company or start a new venture needing seed capital with a pump and dump reputation?

Come on guys, until you really know the truth, give the guy some credit for the excellent reputation he has built up and is unlikely to squander this quick.

Of course, if he is using some exotic offshore tax vehicle, it is unlikely he will reveal this sort of strategy.

I guess some are far too easily manipulated!

Think guys. Does it pass the smell test. IMO it's a complete fabrication.

Someone on here is pushing, very hard, a rumour that GH is selling. Illogical. Simply illogical.

GH of all people knows what is there and what the prospects are, it is highly unlikely that he would sell prior to the PFS, if at all.
He recently exercised 18m shares. He also bought when the price dropped from the 37p level.

There are many and varied ways of managing ones personal wealth and now he is no longer a director his restrictions have been lifted. I would expect him to manage his portfolio in a sensible way, nothing less.

So, if he has 'sold' some, why would he do that?
Maybe he has transferred some to his wife?
Maybe he has put some into a family trust?
Maybe he has pledged some to aid a new venture?
Maybe he has assigned them as collateral for a loan to start a new venture?

None of us know the why and where and who. It is also of no concern to us or the company, he is no longer a director and is not in a position to create any conflicts of interest.

So don't act rashly on this much touted 'news'. It is highly unlikely to be anything like what the one post wonder want you to think. He has his own motivation and it's not to look out for your (or my) financial health.

Pure speculation. Highly unlikely.

NCM have many calls on their available cash and lots of projects that need funds. Buying shares in minority JV partner is just not on their radar. Their internal corporate governance would have difficulty in diverting funds for this.

@Dillon, just accept that it is big.

That's Big, as in bigger than a big thing that's big (as Blackadder would say)!
Then consider that Goliath is potentially 4 X big. As is some of the prospects in SWAG.

Breathe, and relax.....

Just relaxing with the TV on.

An advert for BullionByPost came on. Interesting. The last time we had mainstream TV advertising about gold/silver etc. was during the last bull market for gold.

They aint doing it for nothing.......

Whaaaaat? You mean to say we should give some weight to the company RNS feed?

Not the rumour mill and fearmongers on here?

Oh my, that would be far to sensible!