Member Info for AG1989

I understand your reply Hippo, and like you, I’m a long term holder, in the belief that we’ll be a developer of projects that will come to life. I try and remain optimistic but yeah I think yesterday has knocked a lot of people for 6. Although the signs have been there for a long time with the downward slope in share price and shareholder confidence.

It was a shocking raise yesterday, it seemed almost desperate with those conditions, can you imagine what It would be like next time ? We can be heading towards 6-7 billion shares

Whether it’s COP28, funding, offtake agreements, let’s hope the tide turns and finally benefits us in a way that boosts morale, valuation in the company and long term belief that this could be a major player.

It would be interesting to see what developments have emerged behind the scenes with the Solar Project. With very limited funds, how far can this be progressed without a JV or backing.

A share scheme or purchase from the Directors for me would kind of Rub salt in the wounds. I mean these things aren't even Ten a Penny anymore. Not even 20 a Penny, and although them buying shares hasn't been a priority for me, for them to wait and wait, and know the Share price will be decimated at the shareholders expense, and THEN buy, that wouldn't go down well. Unless it's truly substantial

We need funding, backing and offtake agreements. Anything else until that point wont have any affect on that Share price, or my confidence in the company

and i agree LW, i made the point last week about the Company, and the need to communicate this to existing and new investors alike, to demonstrate what you're actually investing your money into. We seem to be ticking small boxes without knowing whats coming next

Until all Feasibility reports are completed, in every aspect, there won’t be any offtake agreements announced here

Until the financial feasibility study is completed, CETs study and the Green Hydrogen Project is fully backed and financed, what company would enter into an offtake agreement without finalising these first?

All that said, there’s nothing to say that between now and then, these won’t be sorted. The time, and news between now and COP28 will give you a better indication if anything will be signed.

Cop28 could potentially be another huge turning point in this companies journey if we do get something over the line

Until the progress stalls on Green Hydrogen, or we begin to miss targets and milestones, I'm fully invested. Post Feasibility study "should" be a very exciting time for the company and shareholders alike, but its really down to Naheed to deliver now

https://www.lse.co.uk/rns/ORCP/green-hydrogen-agreement-signing-ceremony-y9a74dtdp782wfn.html

Since the signing Ceremony in October 2021 for Green Hydrogen, this is down 93.4% in less than 2 years. My other shares have suffered in that time frame, some have gone up, but nothing, and i mean nothing like this. Market conditions for me is a small factor within this, and more to do investors confidence in Naheed, or the lack of it. Yesterdays announcement factored this in, even more. Investors have had enough.

It's true, you're only at a LOSS once you've actually sold, but try and use that Analogy to comfort someone who put £20K into this a couple of months back, and now they're sat on £6k, and falling. All stocks are a gamble, but you'd like to think the Company would deliver on its responsibility to protect the shareholders, and their interests

I will be buying more, i want to get my average down and accumulate and believe this has given me the opportunity to do so, but there's no two ways about it, I'm prepared for very rocky waters ahead, batten down the hatches and be prepared and i hope all current shareholders have the same outlook. Support them through the rough times and benefit on the other side. GLA

“We move into a highly active period “

The kiss of death which doesn’t let up.

This company to me has bigger ambition than I’ve ever seen in this market. The rewards, if executed well, will be life changing and will remembered for decades.

Implementing the Green Hydrogen project, to its current phase, I believe the company have done quite well, especially after completing the DFS which demonstrates “significant encouragement” for the development to continue

However, protecting the shareholders interests, and by that, the share price, they couldn’t have done more damage if they’ve tried. Which now leads us to a position of the dreaded 30% dilution every time they need to go to market. We need movement, we need dialogue and communication, and we need it fast

Probably upside down LW. was looking at the yearly performance for the share price and it makes good viewing for a ski Slope

The only positive right now is we hold 35% of the current MCAP as Cash

We need Naheed to tell us why, as shareholders we're unable to see the Feasibility report in full. I know they've mentioned it's commercially sensitive, but if so, at what point will we see it, and what steps does the project need to undertake before it secures significant backing. We need details, far more details than what has been divulged and unless this is communicated to shareholders soon, there's nothing stopping this TANKING further

Actions, not words. I've been Routing for the company to come out soon and prove a lot of people wrong but they've really, really not helped themselves today. A 27% Dilution at a 50% Discount !!!!!

Https://www.lse.co.uk/rns/ORCP/gold-exploration-update-fo6ge7dmnw1r5wf.html

passiton, it was Oracle on 07 March 2022 who announced the Exploration target for NZ, RGL merely copy and pasted it. RGL, currently have officially hit nothing like a Motherload. Lets wait until the latest Drilling results are ready

My near term concentration has rapidly switched from "Green Hydrogen Project Progress", to "Survival of the company"

The company can continue issuing Capital down at this price, but at what cost. 1 Warrant issued for every 2 placing shares so there you have an extra 500,000,000 shares. The same again, or more in February, will continue to significantly dilute your investment here where the game turns into "Aggressive accumulation" for every shareholder, to try and make up for the increase of shares in circulation. I've always been accustomed to the idea of fundraisings and placings, but this one seems excessive in every which way you look at it. It wont be long until you can pick up 10 million shares for £1,000, when 18 months ago, the same transaction would cost you £20-£30k

Still a little bit shocked by the enormity of this today. And looking at the wordings Naheed added, ongoing financial Feasibility studies (In relation to Green Hydrogen Project), it suggests to me that any Complete, binding, or Financial backing news will not be with us at any time in the near future until those are completed, as you'd naturally imagine

Onwards and Upwards :(

I've asked ZM on twitter to get on her on a podcast in the near future, he liked the tweet. Clarification, direction, milestones. She needs to surface and steer this ship or jump off. In terms of having responsibility for shareholder Capital, finances and interest, she has failed on an unparalleled proportion

To be fair, the Company don't need any help to stirring up Chaos in the current Climate - An absolute hammering of the share price

MCAP now less than £1m

After this disasterous announcement and reading this

“The net proceeds of the Placing will be primarily used to support the advancement of the Company's green hydrogen project (the "Project")”

Surely we’re entitled to find out exactly what that £350,000 will be used for. Traceability is key here, and transparency with the shareholders and making sure that this money isn’t just lining the directors pockets.

Zan, it is extremely poor though I agree and a significant discount, at a time we’ve already been in rocky waters

Zan**

Sam, good point about the salaries. Naheeds current salary is 10% of the overall MCAP. That’s insane

I’ve kind of just blindly accepted Naheed, bought into the vision of the company and the progress for the GHP had kept my spirits relatively high. But when is enough, enough ?

What a kick in the teeth to long term shareholders here lately. A 70-80% decline YoY, but then to open a further 50% down to that in a single day is disgusting.

If financing isn’t close (which I have no evidence whether it is or isn’t), and offtake agreements, any binding agreement for that matter, how low could this actually go? Confetti shares. It’ll need a run like I’ve never seen in the AIM, just for some to break even.

Come on Naheed, Q&A, address the shareholders properly, it’s time and give us something to believe in. Timelines, project milestones and turn this around

That share price makes me sick

The results a couple of weeks ago were screaming that a fundraise was on its way. But that discount is an absolute killer.

Https://www.lse.co.uk/rns/ORCP/director-share-purchase-plan-update-gde52ewoiwl4myr.html

19-20 months

Director buys which were promised - What a broken record this is. Wasn't it 16-18 months the directors were locked into the Salary sacrifice (Not compulsory), which in that time the directors accumulated Millions of shares, hundreds of millions of shares?

Far more Activity than I've seen elsewhere in any of my current or past investments

Naheed has over 100,000,000 shares. She needs no more incentive to get this moving and as far as I'm concerned, has contributed her part, and a lot more to this course