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The Company intends to request restoration of trading in its shares following publication of its audited FY25 Annual Financial Report.

Lol James it also shows 0.88 on L2

Laura it depends if you are ok with money being tied up. Approval news is very close current focus has been on Nickel and coal, then will be minerals which is very soon.

They just require more time like many other companies have needed. Sometimes things are beyond ones control. Its only a temporary suspension and in that time Rkab approval could come. Also ask yourself why Major holders havnt sold anything.

● Name change to "Vega Energy PLC" in this half of 2026.

● Sale of a 10% working interest in the Altoona Lease and EOD entering into a commodity price swap during the first half of 2026. These initiatives are expected to raise funds of $180,000 and $250,000 respectively.

● Nominal value is 0.1 so they wouldn't be able to raise down at these levels hence why fees are being settled at 0.1p. Plus they already did a reorganisation as the nominal value was 1p before.

Montmuzard that $300k is addition to the asset of $850k.

Jungle yep that trade is a buy.

Don't forget they also get $300k

In addition to the asset interest and fees to be earned pursuant to the ASA and equity interest in Vega Upstream JV, ADM will earn a US$300,000 fee to be paid out as a preference payment of US$10,000 per month for 30 months following closing of the Midcon Acquisition by Vega Upstream JV for its services in identifying, performing due diligence, negotiating and securing debt financing for the Midcon Acquisition (“Acquisition Fee”).

Company is settling fees at 0.1 as nominal value is 0.1. This should at least be trading there with todays news.

It will rise depending on the amount of award

“We believe the Midcon Acquisition will be transformative for the Company, with anticipated cash receipts resulting from the transaction potentially reaching c. US$850,000 over the next twelve months and additional upside and news flow resulting from interests being acquired in three drilled, but uncompleted wells, a large inventory of behind pipe opportunities to be exploited.

“In addition, the potential upside via the provision of services to Vega Upstream JV by Eco Oil, associated with the operation of the Midcon Assets, additional fees and benefit should ELEG exercise its option to participate; and upside that may be realised from either, or a combination, of drilling and farm-out of some of the 58 drilling locations included as part of the Midcon Asset portfolio.”

Fees being settled at 0.1 and share price around 0.04? 100%+ from current levels

The Company has agreed to settle a fee of £100,000 via the issue of 100,000,000 new ordinary shares of 0.001 pence each (“Ordinary Shares”) at a price of 0.1 pence (“Issue Price”) per new Ordinary Share (“Fee Shares”)

Cash burn was actually reduced to about £222k

the Company has reduced its monthly cash burn to an average of c. $300k as of March 2026.

Actually you couldn't buy anything at 0.15 for awhile but can buy now at 0.16 but only 500k.

News tomorrow

Nostrum plans to release its annual report and audited financial statements in respect of the financial year ended 31 December 2025 on or around 29 April 2026.

Avocet nobody gets 100% of their calls right. However Laura has got more right than wrong and those who followed in early when making calls made decent gains.

It would better if they just did a placing to keep them going for at least a year rather than have these clns. Cash burn is a big issue here, if they can reduce that further then can do very well.

Would wait a day or two to see where this settles as placing was at 19.8p before buying.

But but James what about the death spiral financing.. your non stop deramping and now you took position!

Suspension is temporary and will be back by end of June when accounts have been published.

Few managed to get 0.4 possibly through FOK, ask gone to 0.42 but nothing available again. Could be a strong day here if they let buyers in. GLA