Member Info for zebbo

If the SP continues to fall, the deal could be in jeopardy.

Feels like SQZ are going to press to try and re kindle the SP

I also think the asset may be stateside . Note the junior geologist spent a year in Arizona at some Uni after qualifying in the UK. He was on Linkedin yesterday, reckon he has been getting loads of hits and has now gone dark, unless I just cannt find him. My original search was under Peak Nickel

The main problem with transition is that it takes time and resources. Governments are quick to declare arbitrary future dates for carbon neutrality without real plans on how to achieve their goals. The main challenge that is easily overlooked is peoples ability to pay for change. There is a clear disconnect between governments desire and ability. You only have to look at the costs involved. Who wants to spend 10-15k on a heat pump the costs an estimated £500 a year more to run and does not heat the average UK house (ie not a modern new build).
Reality is that under investment in O&G will lead to higher prices on continued strong product demand. All I see in O&G at the moment is value

At least there is no froth or ramp up in SP. If the deal does not get done we still have our cash value

Can any further action be taken to scupper the proposed deal?

The only difference with what happend at Capricorn, is that one II in particular did their homework and were not hoodwinked by the BoD. Im not sure our large/II holders dug deep enough or had the balls/tenacity to unpack this sham of a deal properly.

If they had done their homework / had the balls we would not be in this position

NewKOBT - Excellent research and for joining the dots on what seems very credible strategy

What do you think.....

Personally hoping for a few more sellers over the next few weeks so I can grab more. Got all excited when I saw 0.6 on the screen, only to find it was MMs screwing the impatient

Although we talk about the BOD going for this deal to save their pay packets. They are now on notice poor performance and or broken promises around value and they will be out

Probably still trying to work out what the hell they have done with this deal and what it means in reality

haha Dennis, you didnt fall for that old chestnut did you :-)

Anyway good to see us re rating to the £2.50 mark :-(

More like rise to ~8p+, as 12 month cash runway in place, further updates due. Would not be surprised if we hit double figs fairly quickly. Noted value of peers in this space, we are cheap....

Ive been in touch with the company, delist not on the cards ;-)

Agree, financial position well stated. As the Guardian article stated, they could have it wrong big time. Looks like they have got it wrong :-)

BB confirms their financial position. what more is needed.......nout

BB confirms their financial position. what more is needed.......nout

www.thexxxxxxxx.com/business/nils-pratley-on-finance/2023/jan/31/advice-for-darktrace-dont-complain-just-explain

More balanced view

They built a position position that was notified, over 0.5%, giving them the first leg up (down).
Follow this with the report and sell heavily on the day of the report release, a further 0.44% sold. Thus giving the impression of market panic and that everyone is jumping ship..... (turbo boosting downward pressure - self feeding as PIs panic )
Sharks and thats being polite, making out they are doing everyone a favour. Everyones pain is their gain and are as crooked as the companies they purport to save you from. If they where that confident in what they did they would short without a lengthy and poorly written report

Hardly ground breaking news in the report, same old stuff tat has been swilling around for years

Results and guidance will be key.

Shorts could close some of the position in advance or take out some long insurance