Member Info for 28jaczar01

Wondering whether Ithaca will face any adverse impacts from the Petrofac situation currently unfolding 🤔

https://news.sky.com/story/administrators-lined-up-for-north-sea-oilfield-services-group-petrofac-13457010

https://www.petrofac.com/media/news/petrofac-continues-its-relationship-with-ithaca-energy-in-the-uk-north-sea/

Heads up……Tooru (formerly Riverfort (RGO)) holds circa 8% of Mindflair’s (MFAI) stock as per below holdings RNS (also this MFAI holding gets mentioned in Tooru’s 2024 final report). So they also have a nice under the radar exposure to the AI sector.

https://www.lse.co.uk/rns/holdings-in-company-uy8j1nba5xkh0je.html

Hi @saintpeter7…..from your reply by saying “shown” do you mean they have been long time stated this way on their website ?

I had not previously been on their website until I first looked at it yesterday to help make my reply to @shanders20. Usually on Company websites they state the reference date for when the % holdings are applicable so there is clarity but CHF has not.

Anyway I will get on and fire an email off to them tomorrow to see if this matter can be quickly resolved, as we currently have what appears to be conflicting info from different Company generated sources.

Just seen this bad news today for 1911……that’s how not to run a placing (and why smart Brad went radio silent until closure).

I guess we are now Don’s new favourite 😎

https://ceo.ca/@newswire/1911-gold-provides-update-on-best-efforts-life-offering

This small amount placed will get practically nowt done. It’s the worst way to dilute…dilution done little by little with minimal achievement possible before the next raise gets needed. Much better with the current silver bull market to have got themselves at least a million GBP of funding now and properly gone after significant further exploration of the MN asset asap, including most importantly to be drilling at greater depth to establish if the silver grade is increasing to >100 g/T further down hole. This is what would likely be the game changer to ignite the share price here. Anyway I guess they shall continue to potter along with their wages safely secured. One day Rodney….maybe 🙄

Hi @shanders20….You have raised an interesting topic. My related feedback is in summary as follows:

In Sept 2023 there was an RNS (see link below) informing of the pending Sale of Polymetal’s entire stock holding in Chesterfield Resources to Juniper International (refer below RNS link), which is a Company that is 100% owned by the current Chesterfield Resources Executive Chairman (Kashif Afzal).

https://www.lse.co.uk/rns/directorpdmr-shareholding-bk4hmrclpom8jou.html

However, now we are over two years later and in a recent RNS (see link below) there was an interesting footnote given below the shares holdings table written in italics that says that this stock Sale still remains to be fully completed, due to Regulatory considerations. Perhaps it is the Russian aspect that had existed for Polymetal prior to its 2023 de-listing from the LSE that is the root cause for this long standing delay to the Chesterfield Resources stock Sale closure? (pure conjecture on my part).

https://www.lse.co.uk/rns/issue-of-equity-disposal-of-investments-cj5f7hhgwh449un.html

Furthermore, it is noteworthy that the Chesterfield Resources website’s current content is showing Juniper International as major share holder (with no mention of Polymetal), which would imply that the sale of the Chesterfield Resources stock has completed. Perhaps it has very recently happened in the past two weeks since the above linked recent RNS was issued?

https://www.chesterfieldplc.com/investors/shareholders-capital-structure/

It would be beneficial to get the 100% formal confirmation via RNS of the completion of the Chesterfield Resources stock sale, so as to be 100% sure that the current CEO is indeed officially a major Chesterfield Resources stock holder and therefore we can envisage him to positively develop the future business of the Company with full alignment to his fellow shareholders.

I would therefore recommend that holders reading this thread take the opportunity to write to the Company to seek clarity on this important matter. I shall be doing so this coming week and if many others do likewise then it can be expected that the CEO will positively and timely respond.

The Laffer curve man is now in his mid 80s. Hence CEO needs to get his pearls of wisdom for Hamak asap.

And yet another short position (Marble Bar Asset Mgt) shows up this week, to take the total notified up to 4. Not a good look.

The video keeps using the word “multiple” rather than “dual”….sounds like 2 is just for starters and they have more to roll out in future up their sleeve.

Oh yes and note the familiar face elsewhere in the website pics…..small world.

Dr Warwick Crowe: seeing his picture profile in below website link, from his hair & body shape he looks to be the same guy who was already at site recently as per previous X posts that advised of the Consultant visitation when his picture was taken from his back side during discussion with site geologists. Hence he is already up-to-speed and has been contributing to PEPAS progress.

https://www.titanmineralsltd.com/about-us/team

Investor presentation next week (16th Oct) should keep the positive communications flowing. I want to see the new CEO buying a decent chunk of shares on the open market as another positive signpost.

The previous Project Focus RNS for Mushima North came out on 14th May 2025….and then three weeks later….go see.

The main problem seen here, despite reasonable exploration results is they cannot seem to clear the selling overhang to get a decent SP rise before they need to dilute heavily again at discount.

Rinse and repeat with Peterhouse I’m afraid. DYOR.

Many thanks spades1973, will take a look at these additional 2 names. I must start using the AI tools for such due diligence.

2)

With the word “smart” replaced with “dumb” 🙄

Will still have less than 200 million total shares with this funding in place, which keeps their structure still nice and tight (unlike many other listed explorers who are up into the billions of shares).

Excellent funding news today and they are still holding on to circa 0.5 million GBP worth of Sterling shares.

Noteworthy that the Warrants priced at 2p matches with the price of the previously awarded 2p options held by Management.

Looks to be an exciting LSE Main Listing (not AIM) new UAE focused business set-up play going forwards. Expect the long awaited game changing (and likely Company name changing news) as intimated previously by Management to land here shortly.

Just needs a bit more patience. DYOR.

The flare system is not where you want to be having issues. This latest situation when added to all of Triton’s previous chequered history may call into question its fundamental safe operational integrity and get regulators etc actively involved.

Regaining full production could be a significant time away. Accordingly, I think SP is actually holding up very well this morning.

Another new short position (Premier Miton). Like vultures.

It’s Jam.