RE: Interim Results Imminent10 Sep 2025 11:39
some great 'rto sector' news today, showing the enormous instant gains that are possible:-
"update: atlas metal agrees gbp1 billion reverse takeover of upsa
wed, 10th sep 2025 09:49
(alliance news) - atlas metal group plc on wednesday saw its shares skyrocket as it announced it entered into a conditional agreement to buy universal pozzolanic silica alumina ltd, or upsa, for gbp1 billion via a reverse takeover.
atlas metals, a natural resources and energy investor formerly known as metalnrg, said under the share purchase agreement, the gbp1 billion consideration will be settled via a share-for-************** by the issue of new shares in the capital of atlas. the price is yet to be determined.
upsa has the commercialisation rights to a substantial pozzolanic silica alumina reserve in australia, the warialda quarry, with 99 years of extraction rights for 250 million tonnes.
atlas metal chief executive officer chris chadwick said: "upsa provides an opportunity to access a world-class pozzolanic silica alumina reserve at an attractive valuation. given the positive environmental impact upsa provides the international construction industry, the upsa resources are already attracting interest from major cement and concrete players and will be targeted for use in private and government infrastructure development projects globally."
shares in atlas metal more than quadrupled to 46.00 pence each on wednesday morning in london, giving it a market capitalisation of gbp6.6 million. the shares had closed at 10.90p each on tuesday.
by tom budszus, alliance news slot editor
comments and questions to newsroom@alliancenews.com
copyright 2025 alliance news ltd. all rights reserved."
https://www.lse.co.uk/news/update-atlas-metal-agrees-gbp1-billion-reverse-takeover-of-upsa-2o1fyxxnfhm4xbn.html
ara could potentially announce something big here at any moment.
things have taken longer than expected due to the challenging market conditions of the last few years, but the time is now ripe for the long-awaited rto here.
from 13.4.22:-
"withana describes aura as a blank slate, one that makes one or several targets to become a substantial company. he says we’re talking “about 300, half a billion or higher in terms of size and market cap” and “our ambitions are to have a well traded, well covered and liquid stock.”"
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