Member Info for Bannor

Oh dear @ Jimb I guess it falls to me to ease your disappointment & despondency ..... if it helps you weren't the only one taken in by we're not going to consolidate (we consolidated) we're not going to raise at this level (& we raised) ....to be fair though it wasn't at that level it was much much worse .....but you're not alone many have arrived singing songs of sixpence & huge gains over the years and one by one they've given up after repeated disappointments .....

But genuinely on the plus side I do not think our placee has sold down much (if anything) which hints to me they might be holding & that might be for a reason oh & don't forget the BoD options at 29p ..... OK that last bit was a bit of a pizztake as I can see any decent rise being sold into .....heck I even just grabbed 400k @ an average of 3.6 specifically to do so, first time I've bought specifically to sell into a rise but figured if you can't beat em join em eh .... I'll hang onto the bulk of it as my average on the rest is mid teens so might have to wait a bit to offload the bulk ..... but hopefully we'll get a buyout offer before then anything 15p+ would get a yes from me right now ...how expectations have changed 🤷🏻‍♂️

£2k buy in rules me out of the seed financing though - just haven't got it to spare currently....

Available on HER website :

https://herenciaresources.com/

......my shares are still held & showing on II so hopefully I'll just get a message through them .... if/as/when I hear or see anything I'll post it up here that way hopefully we can all make sure we're all in the loop ...... no idea what's coming but I suspect it'll involve us coughing up monies.....

Hi @TC my reading of it was that we had a total holding (according to the EMH schedule) of 5.74% of which a portion is also shown in the BNP Paribas total holding .... I had another thought that maybe our OZ holding was held by BNP rather than ring-fenced for the MEZZ loan but to be honest I don't really know ..... I don't believe our own RNS's holding is incorrect but I also find it hard to believe that the schedule one issued only yesterday (& today) should or would be based on our of date information......so am a little bit perplexed as to what the correct position is, however inclined to think it's 3.2% from ours .. .either way one the RNS's is factually incorrect in terms of our holding which is a poor show IMO ......I blame the person sitting on both boards LoL 😂

Grrrrrr .....

I think I might send them a request asking for more information on these "successes" in restructuring projects around the world!!!! PMSL 🤣😂😂

"Indo Sino is a trading company that has taken the lead in the fundraising process. CADENCE MINERALS PLC, in turn, is a publicly traded company, specialized in investments in mining, with success in restructuring projects in the area around the world."

I think I might senhem a request to provide

...our potential JV partner they can be found here:

https://www.asx.com.au/markets/company/emp

From their announcements on the JV I think HER may be coming cap in hand to existing shareholders to fund this ..... time will tell I guess 🤷🏼‍♂️

.....puts our holding at 5.74% but states a portion of it is held by BNP Paribas ....... guessing the portion held by BNP may have something to do with the security of the MEZZ loan ....but if we officially hold 5.74% to the degree it's in EMH's schedule one why are we stating 3.2% in our last RNS .....surely the schedule one isn't based on far that outdated data when it's only been posted today!!

https://www.lse.co.uk/rns/EMH/schedule-one-update-european-metals-holdings-ltd-wromjpx6or0f78j.html

.....please lord don't let Ericthered read Maddog's post .... or if he does stay his mind & fingers from responding PMSL 🤣🤣😂😂😂

....looks like I've misread that as well 🤪 & the issuer is the person making the TR1 declaration ..... the last one we issued on EMH was when we crossed below the 10% threshold & none since so assume we sit within the exempt category for further notifications ........

Scratch the TR1 @3% requirement...they're a non UK issuer of course so who knows what we now own LoL 😂 :

Aperson must notify the issuer of the percentage of its voting rights he holds as shareholder or holds or is deemed to hold through his direct or indirect holding of financial instruments falling within DTR 5.3.1R (1) (or a combination of such holdings) if the percentage of those voting rights:

(1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments falling within DTR 5.3.1 R; or

(2) reaches, exceeds or falls below an applicable threshold in (1) as a result of events changing the breakdown of voting rights and on the basis of information disclosed by the issuer in accordance with DTR 5.6.1 Rand DTR 5.6.1A R;

....don't think so @TC .... the % of our holding wouldn't effect whether we announce something in relation to EMH activities, we can announce something related to any holding irrespective of holding,, reckon we just can't be ar§ed as the impact of our EMH holding is now so small for us & irs just another delay on top of many previous delays for them ....... I believe we'd also be obliged to notify falling below a 3% holding ..... which could potentially come Monday I guess 😂

......latest from Ganfeng's annuals that might actually be new news as opposed to a regurgitation:

In January 2024, the Mexican Subsidiaries filed the annulment claims with the Federal Court of Administrative Justice in Obregón, Sonora City

(“TFJA”) against the cancellation of nine lithium mine concessions. The legal counsels of the Company stated that the decision made by the Secretary of Economy to maintain the mining concessions’ cancellations decision issued

by the DGM is not the final outcome under Mexican law, and the TFJA will

make its final decision. The legal counsels of the Company believes that

the annulment claim filed by the Mexican subsidiary based on Mexican law,

analogous precedent, and factual evidence may lead them to prevail before

a neutral court, but they are still unable to make a judgment on the final

outcome of the annulment claim. Based on the opinions of the legal counsel and the progress of the litigation, the Group is unable to reliably estimate the possible outcome and impact of the proceedings. The Board will pay active attention to the progress of the matter and fulfil its information disclosure obligations in a timely manner.

.....doesn't really matter does it with the amount we now hold, I said ages ago EMH wouldn't end up making a significant difference to us (based on our owning a much higher holding %) & so it has now proven ....even moreso than I thought as we have so little left (if any!!).

Told you it was you who was the jinx 🤣

Thanks @ Maddog I'll have a look at that - fed up of all this Sonora Guff 🤣

...... Cos it's not up to us to decide when to ship the stockpiles as you should know

Excellent indeed .... however they still need to raise £300k & still need to relist before I'll consider what to do with the shares I've thought were worthless for years .... see what happens next but a promising turn of events 👍🏻

Careful Jimb ... you're close to crossing the negativity line ...... stay on your own side you'll upset the balance 😂