Capital Metals Share Price (CMET)

Not particularly fussed if there is a placing, as I'm looking to add here, but it would be good to get some clarity around this from MF. We have plenty of news flow to come here, so raising at higher levels is also a possibility.

reading the past accounts I see that MF has made personal loans to the company previously, I'm not holding my breath but I'm not panicking neither.

5p...

Love to hear your calcs on that. A 44% discount for no particular reason purely than your annoyance at the stock. Complete utter nonsense. There would be high demand for the placing and if it's only for a few mil to keep lights on it won't be pleasant but it won't be a disaster as long as it's a stop gap for a few months as dibs points out.

If it's a placing followed by non delivery followed by another placing to pay for wages then we are in a lifestyle POS AIM stock. I categorically don't think that is the case.

colorblind- fair points I wouldn’t disagree.

MC is now just £15m which, given the capex requirement of circa £25m for construction makes £40m which is not unreasonable for a project with this potential! Throw in the huge rise in the ilmenite price and it looks still more attractive. So yes there might have to be a stop gap funding of, say, £1-2m before significant news but I would hope for a slightly less discounted price than 5p! I’m sure existing significant holders would too.

Even with good news in the short term, I can't see any uplift in share price, remember the EIA? The price dropped on that good news. Investors will be nervous until placing is done and out of the way. I see a placing at around 5p, but who knows.