Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
DW Reminder (also see Weathergeeks post called Dominic White):
Mr White has invested in public markets and private equity for 25 years. He has acquired and managed more than £3 billion of assets across Europe, and held board position at a number of public companies including KCR Residential, REIT Plc, Eight Capital Partners Plc and Limitless Earth Plc, as well as at international investment institutions such as Security Capital European and Henderson Global Investors. He is a member of the institute of Chartered Financial Analysts.
I think he knows what he is doing and DW continues to own a significant shareholding in SYME totalling 5,170,723,449 representing 19.53 per cent. of SYME's issued share capital. Mr White remains a committed investor and director of the Company.
I think he knows more than the de-rampers / TW clones on here! I know who I trust more.
Enough said!
Ignore de-rampers/ don't engage in them - check their post history (obvious serial de-rampers especially comments such as Seadoc that AZ doesn't look his age and aged badly therefore has no credibility - LMAO)
Do a new post instead (like Sexy Sexy Syme for a laugh)
So as posted earlier but continued -
AZ/Orchestra group has just paid £1.1m to have the option (right not obligation) to buy 630m shares *IF* the SP is at or above 0.6945 on 31/12. So;
*IF* the SP is not at or above 0.6945, they cannot exercise the option; they loose £1.1m.
*IF* the SP is at or above 0.6945, they can buy the 630m shares @ 0.6945 which will cost £4,347,000 + £1.1m premium paid = £5,447,000 total for 630m (=0.86 per share)
So at the very least AZ confident the SP will be 0.86 (£5,447,000 / 630m) - as that is what 630m shares will cost (point above)
Why take this option and pay 1.1m for it. If at the time of exercising the option, lets say the SP is 1.2p, the profit/ additional worth of those shares would be £2,113,000 (630m @1.2 are worth £7,560,000 but through the option they cost / bought for £5,447,000)
Nice!
Any SP price at the time of exercising the option above 0.86 is bonus. The premium paid for option cost £1.1m.
Sounds like AZ / Avant confident where the share price will be at the end of the year if not sooner.
Just wanted to say this BB needs something: but may I suggest:
Genuine Investors, New investors, those genuinely wanting to learn, those not here to disrupt or intentionally p*ss people off and those not here to waste this BB time: I suggest the following:
-- Check post history of people posting and if suspected subtle or other type of de-ramper (will be obvious and de-ramping other BB) - Ignore them and do not reply to their posts (they ignore our posts and facts - so why should we entertain theirs and mess up this BB and waste valuable time of genuine folks wanting to learn/understand better on this BB)
-- Name and shame them (filter if you must) - need to clean up this BB - create a post (as already suggested) that is updated with known de-rampers so genuine people know who these folks are and are not disrupted from learning facts
-- Get back to spending more time on research and understanding Supply@Me model / updates / RNS's etc
-- When you see a obvious de-ramp post - post a new thread such as "Sexy sexy Syme" - good for the BB (thanks to the original poster of Sexy Sexy Syme lol)
De-rampers
* Suggest you come back end of Oct / end of the year / Next year (or longer preferably) and we can see where we are - pointless now
* Post your questions on other BB we don’t want to entertain you and detract from genuine posters
* Save your and others time, if you do either of the above
* Don't reply to this with more moans - not interested
Genuine folks can make their own minds up and have the skills to ask questions without blatant deliberate history or otherwise of de-ramping, we can see those folks for ourselves and welcome those seeking genuine information.
Finally, thanks to all others for contributing informative and factual research and discussion on this BB.
- Captive bank is obligated to fund new issuances in UK, Middle East, US etc ! - Obligated! being key as someone tried to deramp in earlier posts and say they are not obligated. - well they are
- No issue trying to find funding as investors have asked previously. The captive bank will fund new issuances over and above those with StormHarbour.
- already received the term sheet from important UK financial partner
just some points I caught and shared, bring on the full transcript please.
- RR (yes we are in talks with them was mentioned)
Otherwise MMS will pick you off.
That had been the advice last few few weeks and today those that held have been rewarded.
Keep holding and do not set stop losses and you will be rewarded again..more RNS coming. Just take a look at Apunter previous posts of expected news
Holly, i kinda did not want to post again but ..this is the 2nd post ever and last (Prob)
Your message an "I’m just asking you to be cautious. We’re not a** h**** just caution investors who do a lot of research" -
whilst i appreciate the sentiment from you and others in similar vain (and I do appreciate informed decision making), what i fail to see is where you say "We’re not a** h**** " have posted credible evidence or factual information that contradicts, WG and others, RNS's, the Internet (except the lets say questionable TW), and AZ and etc.
until something credible , then i don't think you telling me "We’re not a** h**** just caution investors who do a lot of research" is advice or helpful or applies.
Who is the "We’re not a** h**** "..BTW?, i presume you speak for all those i mention in my post, or are you same, similar, focus group, i don;t get it.
Hi, I have been watching learning reading contemplating etc this BB for a month or so.
Lots of credit to WG (legend for factual and useful info), Apunter, MagM, GunFish, Marko, Mr008 (love no sell), Savvy, Futuresbright (cracking RNS spin for a laugh today),
Learnt hell of a lot from you folks AND a sincere thanks to you and to other posters i missed off that list above (much appreciated) and thank you.
Been in and can prove 0.0032p @6.5m (first buy), av 0.0066P for another 8.5m, TOTAL = DOWN BUT NOT SELLING (thanks MR008)
Always reluctant to post for months and prob will not again, but wanted to show my appreciation to the aforementioned folks.
Loved the spats over time, and too many to mention
MMs do my head in, not preaching when to you should buy or sell, DYOR and decide what you do with your money.
STOP PLACING STOP LOSSES FOLKS, PLS READ THIS BB
Funny how some peeps seem to appear at the same time and same repeated themes in the face of credible fact from this BB and internet and AZ, and others etc, but discredit that all that based on non factual challenges, TW and we keep saying we are only asking! over and over again IMO that i have observed, seedoc, nikkikik, holly etc
GLA,