Member Info for Adamsky

Morning Invester01,

Thanks for the article and great news for those who have the chance of the Preference Shares and claim reward.

The more TZM spend it will mean they cannot afford the risk of losing the mine so if they want to settle earlier the price increases. Also if they get the mine up and running and the ruling is to hand back the license , thanks TZM for doing all the hard work and you can either buy it back for many hundreds of millions or Pathfinder can sell it on for that amount.

Keep the good work up TZM.

Adamsky

Good morning RLL93,

The BOD seem very capable of trying to find a prime RTO target but if you or anyone else have any suggestions about prospective RTO’s then I would e-mail Pathfinder.

Nothing to lose as the BOD might not be aware of them.

I would send an e-mail to ……

pathfinderminerals@vigoconsulting.com

Best of luck Adamsky

Morning All,

Has anyone been in a situation similar to Pathfinder and been part of a successful RTO.

I am interested in how the companies share price was pre and post RTO, obviously there were new shares issued but I would be interested in the value of the holding before and after RTO.

Any info I would be grateful.

How much is Pathfinder worth currently to an RTO.

My estimate of how much Pathfinder is currently worth is just over £5.5 million.

This equates to just under 1p per share without the value of the RTO target being taken into account.

Broken down …….

Cash just over £.5 of a million

Tax losses £18:million which saves 25% corporation tax so £4.5 million. (If the full amount can be utilised).

AIM listing £0.5 million (rough guess).

Best of luck to old and new investors

Adamsky

Afternoon Poppyseed,

What fantastic research you have carried out and when reading through your comments and research it gives me even more optimism that a successful and rewarding RTO will take place.

Talking of major shareholders I am surprised there hasn’t been any TR1’s after the massive trades that took place just before the preference share deadline.

Any thoughts ?

Adamsky

Hopefully the RTO is looking positive from this mornings RNS.

Especially the follow comments………..

“reporting progress in due course”

and

“an exciting opportunity to bring in new ventures to create a platform for strong shareholder value growth in the near to medium term."

RNS below ……….

Paul Barrett, Executive Director of the Company, commented:

 

"Whilst the Reporting Period pre-dates the successful completion of the Disposal of IMM to AAG, that event marked a step change in the Company's strategy going forward and an improvement in its fortunes. The Board, comprising two entrepreneurial exploration geologists, is now well placed to identify and secure one or more projects for the Company's next phase of growth. I am very pleased to be part of this process and I look forward to reporting progress in due course.

 

Following the receipt of funds in respect of the Disposal of IMM, we have a strengthened balance sheet and an exciting opportunity to bring in new ventures to create a platform for strong shareholder value growth in the near to medium term."

Keep the faith

Adamsky

Not very helpful RLL93, someone who has been seriously ill asks for an update and you turn it into a joke.

The summary is Pathfinder has sold their subsidiary IMM to a international claims expert AAG to pursue the claim. If successful Pathfinder will get a minimum of $30 million or 25% of the claim amount whichever is greater.

If you buy shares now you will not get any benefit from a successful claim , the company has approximately 5 months left to complete a RTO otherwise raise £6 million to become an investment company or distribute the approximately £1 million between the shareholders and cease trading.

This is just the basic overview. Any more questions please ask.

Adamsky

Morning All,

Well the chance to be part of any BIT claim award is behind us so time to look to the future.

Pathfinder now have just under 6 months to action an RTO and become a new company with new prospects.

I am sure the BOD and if Align and Richard Jennings are still a major shareholder they will assist in finding a suitable target.

My estimate of how much Pathfinder is currently worth is just over £5.5 million.

Broken down …….

Cash just over £1 million

Tax losses £18:million which saves 25% corporation tax so £4.5 million. ( this is my understanding, please correct me if wrong )

The current value is nearly twice the current share price.

It is now up to Pathfinder to find a suitable RTO to realise this value and the value of the RTO which could be several times the current worth.

Best of luck to those who have invested and those who invest in the future.

Adamsky

Poppyseed great posts.

Yes it can take up to 5 years but as soon as the Mozambique Government realise they cannot win, UK High Court ruling in our favour, they will probably force the current owners , TZM, to make a settlement. It could be months or years but I am hoping for an early settlement.

As Poppyseed has said you are not just in for the BIT claim and potential massive payout you are in for a potential RTO , cash shell of over a £1 million and tax losses of £18 million which the new company can use,

Two great chances of a payout.

All the best to those invested.

Adamsky

Good Afternoon,

MrBasse, totally agree with your summary and I am surprised the share price isn’t higher. I think it is a combination of ……

Investors don’t fully understand the situation

The ‘Record’ date hasn’t been announced

Those who understand , and are not invested, don’t want to either risk tying their money up for a while and are unsure of the RTO taking place.

If the ‘Record’ date is announced we might see some buys but if an RTO prospect is mentioned then we will see some action.

We have all highlighted the advantages of investing but only time will tell who’s right.

All the best to those invested.

Adamsky

Afternoon everyone,

I have had a reply to my e-mail and the answer is below ……

“The Bonus Preference Shares will not be tradeable and can only be exercised if the claim is successful. Further details will be announced in due course. “

baldmark, you are incorrect which confirmed my statement…..

"buy now you are in both , soon you are only in the RTO"

Why do you think someone bought 20,000,000 costing just under £160k ?

Best of luck to those who buy

Adamsky

Morning All,

If you want the opportunity to potentially increase your money by many multiples in the legal claim against the Mozambique Government you will have to act soon as the window is closing in the next few days. I expect an announcement from the company very soon of the exact timetable.

PFP have received £1 million for the sale of IMM which they will use for an RTO. Not forgetting the £18 million tax losses that can be used against any profits made by the new company.

AAG, with the assistance of DLA Piper , will pursue the BIT claim against the Mozambique Government.

As I keep staying WE HAVE ALREADY PROVED PFP’s. OWNERSHIP OF THE LICENSE THROUGH THE U.K. HIGH COURT.

AAG have carried out extensive due diligence and to proceed with the claim and spend up to £12 million they must realise they are onto a dead cert.

A valid claim will result in Pathfinder receiving a minimum of £24.5 million up to a potential of £250 million.

So you get a chance to multiply your money by many times and a chance of investing in a hopefully successful RTO.

If you buy now you are in both , soon you are only in the RTO., which in itself could be quite profitable.

I look forward to life changing returns and remain heavily invested.

The BIT claim can take up to 5 years but as soon as the Mozambique Government realise they are onto a hiding the earlier they settle the lower the potential payout.

Best of luck.

Adamsky

Morning FreeBuffett,

Please can you explain this statement you made below as I do understand where you get the additional shares from ?

My understanding is there will be 632,494,834 in the SPV and the same figure in Pathfinder shell ?

Your statement……………..

After the sale of IMM to AAG and set up of the SPV, PFP will still have 632,494,834 shares in circulation and 2,208,283,209 less 632,494,834 = 1,575,788,375 shares available for issue

………….

Thanks Adamsky

Evening All,

Just seen the £33k trade appear from yesterday marked as Unknown.

Are LSE having a laugh, highest trade yesterday was .60 and this was at .6846 so definitely a buy.

Someone has faith in the BIT claim and the RTO.

All the best to those invested especially the recent buyer.

Not long until the sale of IMM goes through and a potential RTO and successful BIT claim sometime in the future.

Adamsky

Morning Poppyseed,

The signs are all there , Richard Jennings has changed his stance from voting against a potential raise of £150,000 last time to voting FOR a potential raise of £1,500,000 this time.

Does Richard Jennings , who must have lots of company contacts through Align , have a potential RTO target for Pathfinder ?

Things could happen very quickly soon after the 18th,

Best of luck to all those invested.

Adamsky

Poppyseed,

Great post.

What you are saying , and I agree, is if the resolution is passed there is an RTO potentially lined up waiting in the wings.

As I said before BOGOFF , buy one get one free, before or soon after the 18th, after that you are potentially only in for the RTO before that you are in for the potentially big payout on successful claim as well.

Next couple of weeks will be interesting.

Adamsky

Morning All,

I think people who don’t know the history of Pathfinder view the latest RNS and don’t understand the enormity of what is going to happen soon after the 18th of August.

Pathfinder will receive £1 million for the sale of IMM which they will use for an RTO. Not forgetting the £18 million tax losses that can be used against any profits made by the new company.

AAG with the assistance of DLA Piper will pursue the BIT claim against the Mozambique Government.

As I keep staying WE HAVE ALREADY PROVED PFP’s. OWNERSHIP OF THE LICENSE THROUGH THE U.K. HIGH COURT.

AAG have carried out extensive due diligence and to proceed with the claim and spend up to £12 million they must realise they are onto a dead cert.

A valid claim will result in Pathfinder receiving a minimum of £24.5 million up to a potential of £250 million.

So you get a chance to multiply your money by many times and a chance of investing in a hopefully successful RTO.

Before the 20th of August you are in both , after the 20th you are only in the RTO. To be confirmed but Pathfinder’s intention.

I look forward to life changing returns and remain heavily invested.

Yes it was disappointing that we only received £1 million but I view this as showing the ruthlessness of AAG.

The BIT claim can take up to 5 years but as soon as the Mozambique Government realise they are onto a hiding the earlier they settle the lower the potential payout.

You have to be in it to win it.

Adamsky

Morning Lookingformoney,

I am sure it was stated in an RNS that in the unlikely event of a settlement being reached before the sale agreements were already in place for this event with AAG.

If this did happen what stops Pathfinder from pulling out of the sale of IMM to AAG.

This won’t happen and as you say if you don’t buy before the sale at the end of August you are only in for the potential RTO.

I will post more later

Everyone have a good Sunday.

Adamsky

Good Afternoon all fellow sufferers,

I am in total disbelief of the shambles that is happening in front of our eyes.

I have in the past hoped that negotiations are going on in the background but I personally don’t believe this is the case otherwise PFP would have released an RNS to boost the share price so they could benefit from their recently 40% REDUCED share options

I always supported the BOD and had a dislike for Align and Jennings but my opinion is changing after the last few weeks of this ongoing farce.

Align and Jennings are like a bull in a China shop but their actions are in the best interest for themselves and at the moment us as well.

Why did Jennings want to get rid of Peter Taylor ? His pals at PFP gave him a safety net though.

Where will this end, who knows, even if AAG manage to find the funds how does this reflect on both AAG and PFP.

A very disgruntled long term shareholder as this is solely down to PFP’s BOD for the choices they have made.

Adamsky

Evening FreeBuffett, can I give you my opinion , thanks.

All the information we have been provided with and I have based my opinions on are through the official RNS route.

How can you say ……..

any missed or rushed or ill considered action could hole the BIT below the waterline and will be pounced on by the Moz Gov legal team

……………………………………

AAG spent over 6 months carrying out due diligence, twice as long as originally notified via an RNS, originally completion date was the 27th December 2022. This has been completed and the SPA signed, what else is there to investigate?

From the circular for the General Meeting on the 11th May …….

The consideration payable by AAG to the Company for the entire issued share capital of IMM is £2m which is payable on Completion. The Company expects AAG to fund an escrow account of its choosing with this amount in the days running up to the General Meeting, and confirm such action to the Company.

…………………………………..

PFP , I hope don’t make things up , were expecting the money in an account when the General,Meeting took place on the 11th of May. OVER 7 WEEKS AGO.

Why do people keep saying patience. It is not us that has stated the above deadlines, they are all in official RNS’.

My opinion , from what has been officially stated , is that AAG have led PFP up the garden path. PFP would only state deadlines that they have been informed by AAG.

I blame PFP for not doing due diligence on AAG as to the funds being available.

I am not sure how legally binding the SPA is but we could be at the stage that we make a legal claim against the people who were going to make a legal claim on our behalf !

No updates from the BOD recently.

Keep the faith and any spare change please donate to AAG on behalf of PFP !

Adamsky

Like Father, like Son - Clueless !