Member Info for westie50

Nice to see some full ask buys

https://twitter.com/emmerson_plc/status/1315593417511120896?s=20

Fair enough Sparticus. I always set my sights low then i'm not disappointed. Lots can change over the coming weeks/months.

Not really sure what you're on about AT. Please explain

Tuckman - if 20p/30p has been banded about in a couple of years plus, what would you think might be a buyout figure? Because post BFS I can still only see 10p/15p, but then i'm very conservative normally.

Excellent and informative post TDT. I would even be a little more pessimistic and say a most definite 2 year +++ for 20/30p. But I do think we will get there at some point in the future. To use the HZM comparison again, yes they're a year ahead of here but their sp has really only recently started to move. So for a company with that much potential, they were stuck in the 3's for a long time.

Will the same happen here? No idea really but I do think whilst the TEO will bolster the sp, it won't make a massive difference. Possible off-takes, etc next year i'm sure will help us on our way.

My opinion doesn't change here - this is a long term (2 years +) investment but one which could be very rewarding.

TDT I took a bit of profit from HZM not so long ago to increase my holding here. I'll take more out by the end of the year as i think finance will sue them to double figures. Things just starting here.

I do hope the guys with big averages will start to recoup some of their losses.

Totally with you etank. I’ve given up relying on what I see. I note down close of business prices for my holdings and work things out for myself. LSE have been unreliable for an age.

Evening gents. Pleased to see I’m
Just a spring chicken at 60! I absolutely swear by Macs. Different class to me. Hoping AMC will give us all a nice retirement present in a few years!!

Not just sticky, super glued i'd suggest!!

Good post Fulmar thanks.

GW62 - I asked the same question erectly re small trades and was told they related to this new Trading 212 app. Apparently you can make trades for pennies free of charge. Means nothing to me

Jerry if i'm offered 50p+ per share then there's no informed decision for me to make. After I've finished running round our sleepy little Suffolk village naked, i'll just say yes and take the money!

Thanks for that Cottoner

Below is a recent tweet from Hayden. Very encouraging.

"K+S has sold its salt business (mostly de-icing) for 12.5x EBITDA.
@emmerson_plc has an amazing salt by-product stream that, based on this metric, is worth nearly half a billion dollars, just the salt! Look forward to finding the right strategic partner and building the projects!"

I honestly don't know if it was a buy or sell. As Mazza says, if you look back at the time it was transacted then it's definitely a sell. However I'm with DJ in that it's been worked over a couple of days so quite easily a buy.

I guess you have to question whether it was a PI? i think not and if it was a ii then surely they'd be buying in at this juncture? I guess we'll never know but tomorrows action might tell us something?

Kimhappy - I agree. I've always found this board a good source of information on which to base my research. Apart from a couple lacking in braincells (but then you get that on every board) this is a joy to read and take part in.

I definitely have a few to thank if, as we suspect, this moves on nicely next year

https://nanthavictor.com/2020/10/06/nickel-supply-to-drop-by-2025-macquarie/

Sorry gents, when i said production earlier, I should have said construction.

Most definitely a compelling long term investment case.

Listening to the GC Proactive interview again from the beginning of September he says finance next year. I'm assuming early next year as he wants to start production by the end of next year. Possibly permits by the end of the year but maybe a bit too optimistic to have all finance in place. Of course there could still be finance news updates before the ink is dried on the final deal.

He did mention a further fund raise by the end of the year, but as this is common knowledge, i'm assuming any placing is priced in.