Member Info for Billyboy2fromiii

https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/296fc60e-3090-2c6b-5aa8-105170a6caa2/Cora_Gold_Nov_Update_Note_V2_.pdf

BB2

Morning RL,

A long list of questions that!

I note that you are currently not invested. May I ask which would be the (let us say 10) most important questions from your list of 55 questions that you would like answering to allow you to invest back into AMC.

BB2

Morning Dorfan,

I read it differently to you.....

subordinate means to lower in class or position......???

the statement states "to the 15% free participation due to Jubilee ????

So putting that together does that not mean that Jubilee get a 15% free carry on the already announced JV which has been agreed between BZT and CMRS, in addition to any their interest in any further to be announced JV that is agreed between JLP and CMRS. ????

Apologies if I have misunderstood...

BB2

I am happy to submit questions as I was going to ask some myself.

BB2.

Morning,

The exact wording was slightly different in the two RNS issued yesterday...

BZT RNS.....

12. Caerus agreement with Jubilee

In the event that any plant to be constructed falls within the Option Agreement between Caerus and Jubilee Metals Group Plc (the "Existing Jubilee Option Agreement") , then both Caerus and Bezant will subordinate there interests under this joint venture agreement to the 15% free participation under the Existing Jubilee Option Agreement. Both parties acknowledge that under the Existing Jubilee Agreement Jubilee has the first right of funding and the joint venture will recognise this right and Jubilee will have 30 days to match any offer of funding from a third party.

CMRS RNS

Jubilee Metals Group ("Jubilee") Agreement

In the event that Jubilee Metals Group elects to enter into a joint venture and design, construct and finance a processing plant for the JV Properties, Caerus and Bezant will subordinate their interests under the Joint Venture Agreement to the 15% free participation due to Jubilee under its agreement with Caerus.......

What does the above mentioned 15% free participation due to Jubilee actually mean? Does it mean Jubilee get a FREE 15% interest in the JV announced yesterday between BZT and CMRS (re the copper mining), which is obviously completely separate to the "future expected" JV between JLP and CMRS ( re the tailing processing)?

BB2.

https://www.londonstockexchange.com/news-article/AMC/notice-of-annual-general-meeting/15209681

BB2

https://www.food.gov.uk/business-guidance/regulated-products/novel-foods-guidance#cannabidiol-cbd-products

BB2

Evening Matt,

Just for clarity,

The reply that I received actually included the link to the RNS of 15th Feb 21 (I have not personally added this myself).

BB2.

Evening Vas,

I trust you are well (on a separate note I posted some info for you on the SEE BB last Friday as I know you are interested).

As regards CHLL,

I agree with you that (although my reply contained three mentions of 10,000) there was no direct mention of timeframe. However, the link provided does indeed state the 12-15 month "target". The Co have thus stated on 3rd Nov that "all previously announced targets....... remain in place". On that basis, the 12-15 month could/should be considered a target just as the 10,000 store count is a target.

BB2

Evening Gallini,

Thank you for engaging.

Well the 10,000 store target was quoted three times in my reply so I am personally happy to believe this is still a definite target. However, the actual reply that I received had no specific mention of timescale (you ask "by May 22"). The reply that I received does attach the link to the RNS dated 15th Feb. Within that RNS is the following wording............

The Group and its distributors anticipate this ramp-up cycle to be completed over the course of 12 to 15 month...........

Bearing in mind that the RNS of 3rd November stated...........

we are confident that previously announced targets are realistic and achievable despite international logistics issues influencing speed of rollout......

and Trevor specifically quoted.......

we are confident that previously announced targets are realistic and achievable.......

On that basis, you could very well argue that the 12-15 months (from Feb21) was indeed a stated target just as much as the store count of 10,000 was a stated target. As such, as CHLL state in the 3rd Nov RNS that "All previously announced targets and distribution agreements remain in place" they are indeed stating that a target of 10,000 stores by May 22 (15 Feb plus 12-15 months) remains in place.

BB2

Evening Gallini,

Thank you for engaging.

Well the 10,000 store target was quoted three times in my reply so I am personally happy to believe this is a definite target. However, the actual reply that I received had no specific mention of timescale (you ask regards by May 22). The reply that I received does attach the link to the RNS dated 15th Feb.

Evening all.

Just to let you know that I have had a reply from the Co via Buchanan regarding my question re...… “All previously announced targets and distribution agreements remain in place despite international logistics issues influencing speed of rollout”...…

The reply was.....

CHLL announced the 10,000 store count target in our RNS of 15 February 2021: https://www.londonstockexchange.com/news-article/CHLL/progress-update/14864262

AATAC rollout has commenced with initial 10,000 stores committed during next phase.
Leveraging dedicated shelf space, our products will take prime position within an initial 10,000 stores committed during the 'Prepare for Lift Off' phase.

BB2

Morning Blue,

Yes, I saw that. Net loss for the three month to 31st July 21 of $7.7m with $4.9m spent on "marketing and shareholder communication"....

Certainly a different approach to CHLL.....

BB2

Vas,

Thanks for posting. They are both interesting to read.

I can certainly see why they have targeted Austria.

You can laugh at their name but they are very good at putting detail into their news releases.

The main question though. They gave increased revenue QtoQ by 88% and no mention (happy to be corrected I missed it) of COVID related logistical problems ????

BB2

Evening,

Just to confirm that I have NOT had a reply from Buchanan as regards my question regarding the "all previously announced targets" statement in the RNS on Wednesday .......

“All previously announced targets and distribution agreements remain in place despite international logistics issues influencing speed of rollout”......

I shall chase for a reply on Monday and confirm when I (hopefully) receive one.

BB2

Here is the link..

https://www.investorschronicle.co.uk/news/2021/11/04/the-aim-100-2021-90-to-81/

BB2

Hi,

SEE got a mention today in IC....

90. Seeing Machines

Seeing Machines (SEE) is behind an artificial intelligence-driven system that monitors drivers and pilots for signs of fatigue, boredom, distraction or other potentially dangerous situations. The company, headquartered in Canberra, Australia, remains heavily lossmaking. Its full-year accounts for the year ending June 2020 show pre-tax losses of A$45.5m (£24.8m) on revenue of A$40m, but a recent trading update said it expects an 18 per cent increase in sales to A$47.3m until June 2021.

The company makes its money through royalty payments in installed vehicles and through aftermarket sales. It expects royalties to rise “sharply” in the next two to three years given that systems have now been installed in more than 100,000 vehicles. It also recently opened a European sales office after winning contracts in the UK with operators such as coach company National Express (NEX) and Trams of London. Its share price has gained 29 per cent this year to 9.6p, valuing the business at about £372m. Broker Cenkos Securities has a Buy recommendation on the stock, but even under its forecast of an 80 per cent uplift in revenue over the next two years it won’t quite break even. Hold. MF

Regards, BB2

Wynnstun,

I think that is a poor, uneducated post from you.

If you have a read through the posts today, I would suggest you would agree that it has been a good debate. Good points presented by myself, Seb and Matt (and all three seem to have some pretty common ground).

I think your post is a bit childish. Perhaps you could join the debate in a more constructive manner for the benefit of all?

BB2

Wynnstun,

Summit,

Was that post meant to be on this BB or was it a mistake ?

BB2