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My worry is that they'll issue the shares and then go straight into another suspension because of the RTO. I just don't want that. I want assurance that Dilution is kept to a minimum and we are trading before the RTO takes place.

Hopefully the board will do that and work with shareholders.

Let's get trading before the RTO. It is the fairest thing for all current SH's tbh imo

We need to have a chance to do as we please with our investments. We need to keep dilution down to a minimum as we surely don't need all this raise at once.

I hope the board will be able to get this back trading asap

Yeah I want this trading before the RTO too. Can they please stagger the raises as well as it's not all required at once in my opinion.

Who knows, ppp might come back stronger than ever. I have everything crossed!

Ah ok interesting RNS.

So is Texas back on after all? Also Canada. I look forward to hearing about those two.

Leddah what you mean change my views ? My views are the same as always been.

I think we need a better deal imo

Thanks Merse that's incredibly valuable info.

Its a good thing that we are discussing options. Does anyone else think that tranches over a two year period would work? Does anyone else have any suggestions on doing something in a staggered raise approach? Happy to listen.

Because Jesse paid for his shares and has not received them at all. The guys who lent their shares received their shares and then lent them out. Jesse has never received his shares so really he should be paid immediately IMO

Will do zag

New Uncle is that what you want? Under 1p!? You are bonkers.

It's 9.55p and we've still got assets in Ukraine and Texas. End of. They will disclose info at the meeting I hope. If they say they can have at least 30m mcap then they have assets New uncle!!!

Perhaps zag it's 25% tranches for all. ?

I will do hepran I'll put the question to the board.

Actually I take that back. It isn't fair for us at all but I'd rather them raise in four tranches across a two year period which will "protect" our share price somewhat

25% in four tranches is very fair zag. It is fair for ppp and us.

25% in four tranches is very fair for all I'd say

I think the pledged 62m shares they could raise 20m now. They could turn raise 20m in one year. Then 22m in 2027.

Jesse's shares could be paid now. That's 6m.

As for headroom 25m shares, I don't think all that headroom is necessary now Is it? 10m let's say for headroom.

So raise a total of 20 + 6 + 10 = 36m now. That's then just 144m shares total

Thats 35% dilution.

That's enough in one go. Alternatively they shares raised could be performance driven.

955p suspended minus 35% = 6.20p share price.

They'd probably get yes voted for that.

Alternatively they could do 25% dilution that's shares paid back and headroom capital raised. 25% in four tranches over 2 years let's say.

Currently we have 108m shares in issue. If we have all these pledged shares & these headroom shares all at once we will have 200m shares ISH. Now that isn't much (in the grand scheme of things) but we have already dropped circa 45-50% there alone.

That wouldn't be "so bad" but RTO on top of that would be nail in the coffin. I can't vote for that.

Perhaps we get back trading and the SP was 6 or 7p I'd probably vote yes for that. No chance do we need all these pledged shares and headroom shares now! Stagger these out!

That would protect ppp from collapsing sp and our investment (somewhat).

RTO needs to be at a fair price too. If they are fair I'd vote yes..... But dilution cannot be too much. Currently I'm a no voter unless we are protected and do not raise like crazy all at once....plus RTO needs to be fair for existing SH's too.

Profit hunter - Your right, no shareholder is more Important than the other. Now look at how they've combined Jesse's shares in amongst other things. Really that should be a resolution on its own. At 6m shares Jesse is a major player and currently it's silenced him. He deserves his shares pronto.

As for the other things surrounding ppp, we need clarity on the assets, Ukraine, Canada, USA and anywhere else. We need proper details otherwise it's just looking like a false thing to try and get votes. We need facts and figures now.

Pledged shares - these need to be paid back. But before paying these back, why can we not stagger this out, it keeps the share price healthier and it's better to stagger these payments rather than raise all at one go, including the headroom shares. These aren't all necessary now.

I hope the bod read this and can come to an agreement with the majority shareholders in the telegram group that are in discussions with them.

I want ppp back trading, trust me I do. I need the money and my sanity back.

If I lose some, ok I have to take it on the chin but we could do well here providing they keep dilution down to a minimum and get us some good operational news to come back with, we may come back much stronger. I think the bod needs to listen to what we are saying. We can accept some dilution for the RTO and moving forward but it needs to be staggered or performance driven, it needs be fair for all of us.

Together we could work really well rather than against eachother all the time. Only time will tell if this can be achieved. I hope it can.

Hi Zag,

Jesse White has always been known on the telegram group. Everyone knew his situation and there has been comments on here about certain individual being owed shares but his name is only bring mentioned now because it's been rns'd

He's a top bloke. We spoke often. Most of us let him be at the moment as this has been tough on him.