Member Info for ART123

Typical haven't got a clue MM's. Buy should have started at around 1p.

QUESTION: buy now when the share price is 600% up and the books are balanced? or don't bother?

I.ve been trying to buy since opening and every trade so far has been a sell... The quote price has always been 1p higher than every trade recorded.

Buy is up to 2.15p now ...........

The MM's are being a bit dumb not to take this up a bit quicker. There is endless buying and only the odd sell and there are only just over 100 million placing shares to churn through.

Nearly half of the placing shares bought already - and we're only 10 minutes into the day...............

Hardly any dilution - 5% - hardly anyone selling, tons of buys - this should be back up in no time at all - and probably to new highs.

I think that we can all agree that it is Mindflair's indirect holding in IR that is the main cause of the upward share price movements, certainly over the last year. In July 2024 the share price more than trebled to hit a high of 1.65p when IR's $5.1 billion valuation was announced - and now that valuation has hugely increased to $12.25 billion another share price increase is in order. Who knows, in 6 months IR's valuation may have doubled again, say to a whopping $20+ billion, especially with $3 billion of new money/cash to splash around.

Sounds like an easy contract recycling newish batteries after a recall and also this is the first overseas contract which will hopefully open the doors to more.

Funnily the RNS detailing the sale clearly states that:

"Technology Minerals Plc (LSE: TM1), the UK's pioneering firm in establishing a circular economy for battery metals, announces that Century Cobalt Limited ("CCL") has sold an aggregate of 83,500,000 Ordinary Shares in the Company to an institutional investor."

The 83 Million shares were sold to an 'Institutiional Investor' and clearly have not been sold and are not likely to be sold so that post is a lot of rot.

The RNS continues:

"As a result, CCL now holds 211,321,213 ordinary shares, which comprises 11.3% of the Company's issued share capital. CCL has informed the Company that the reason for sale was to help enable it finance any future loans to the Company, or its group or associated companies.

CCL is a company closely associated with Alex Stanbury, CEO of Technology Minerals plc, who is a 23.47% shareholder and Director of CCL, along with Lester Kemp, Director of Technology Minerals plc, who holds 0.77% of the common stock of CCL."

Funnily the

The problem here - that is for those who bought in early on Friday, which includes me - is that the confirmation of the farm-out was expected as the proposal had been mentioned in the Interim Report of 30th September 2024, which is over 3 months ago. The share price at the time was 0.01p and there has obviously been a steady stream of buying ever since in anticipation of the announcement of the finalised deal. I, along with lots of others, failed to take this into account and failed to accept that a lot of the people who had bought in during the 3 month's steady rise were quite likely to 'sell on news' which is exactly what happened.

Hopefully as soon as the 'sell on news' crew have sold and moved on then there will be a renewed steady rise to reflect the progress being made here, particularly with the Cameroon drill.

ATB

Slightly on the downside is that this company have issued a f**k of a lot of shares since the Landvault acquisition by IR. Back then there were 274 million shares in issue (when the MFAI SP reached 1.65p) but right now there are 526 million shares in issue which is all but twice as many.

Yes, sorry, and based on the $5.1B valuation.............

After all the previous valuation of a prospective IPO for IR was just $6 million sorry that should read the previous valuation for MFAI's holding.

I did think that the figures I posted earlier were correct - but they were based on the assumption that the value of IR had just increased but in reality yes, the valuation has increased but then IR have also had to issue more shares or equivalent for the $3Billion new placing. This now makes it far to complicated. One thing is certain, this is not a $100 million valuation company as some are still posting. After all the previous valuation of a prospective IPO for IR was just $6 million.

True but then I suppose you have to allow for the extra number of shares issued for the $3 billion raise ..................which are from today INCLUDED in the new $12.25 billion valuation.

When IR bought Landvault the all-share t/o value for LV was $450million and the value of IR was $5.1billion which I make about 9%.

$14 million is about £11.5M so with 526 million shares that would be 2.2p - though that infers a top full value valuation which is not really very practical or sustainable - but then who knows with this crazy market.

Also in the Interim Report it says "LandVault, a large metaverse builder, was sold to Infinite Reality for US$450 million in an all-share transaction. SVV1 has a 7% shareholding in Landvault and Infinite Reality is expected to seek a listing on Nasdaq. This transaction has the potential to generate proceeds of circa US$6 million for Mindflair, although there can be no guarantee that a listing will take place."

So $6M was the valuation to Mindflair when IR's valuation was $5.1 billion and if that valuation is now $12.25 billion that that would also infer a new valuation of just over $14Million.