Hamak Strategy Share Price (HAMA)

Should have more assays within a few weeks. Hope they contine to be as impressive and suddenly we're looking at a substantial resource which puts the company in much better position to secure game-changing funding.

This at the moment is performing like England last night……. look clueless,no direction,look down and out with folk writing you off. Then…..WHAM BAM THANK YOU MAM we made it through and that’s all that matters…..start the flag waving and triumphant singing

The CLN needed immediate attention and that has happened, finding at least a partial solution that buys the company some breathing space. Essentially instead of having to find £250k + interest this month and every month til the end of this year now they have two months without any repayment due and then commence in September £166k payments per month until mid 2027. That's good but the rest (to me) sends a poor signal. Firstly 166m warrants at 1p is the cost of this, that's not nothing, that's 36% of the total current voting rights. Secondly the clause relating to the ATM brings the ATM into focus and will have not just me wondering if that's a very possible option they are forced to take from September onwards...

The renegotiation might mean the BTC and gold is staying in treasury or that it gets sold down slowly for near term working capital, we won't know on that front immediately although I lean towards it remaining part of the business strategy.

It's basically now or never over the rest of the summer to find a palatable deal on the 0.8p warrants and a palatable and credible funding route to take the company forward or it's curtains.

One step at a time… today we are in a better place than yesterday.The odds of being successful are better than yesterday.Today’s news is positive perhaps if a person who has money tied up here and thinks we’re doomed should do the positive thing and sell up and cut their loses. This has always been a punt IMO so have only put in money that I can afford to loose. Saves lots of worrying and stress. GLA

It is the same loan in all but name, just with amortisation pushed back to September to give two months pause/breathing room. The conversion rights have been dropped but there was no conversion happening because the share price was far too low as it was. Plus now their are warrants attached as payment for the renegotiation.

They have two months to pull something else out of the bag or it's death by dilution as the ATM is triggered.