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Like Levi I will also stay silent until Feb 17, not to get in the way of positive sentiment based on a Luansobe deal, unless of course there are more abusive posts about moaners

Yes PUTUP but we are talking decades maybe for US to build this capability. AI is growing exponentially..and will be strategic long before then

This disintegration of international law, and might is right, may trigger China to act on Taiwan, which makes 90% of computer chips which in this AI advancing world is critical.

FS ..I was referring to OP, various estimates here have been around 50 million. Yes I would have preferred a sale for around 30 million, maybe even 20 if it had removed the need for dilution for the reasons already stated. No just a question of avoiding loss of value of 30% of all assets when fully diluted, this could have generated a special dividend if above 20 million, and caused a rerate due to a 20 million war chest which would have also accelerated development rather than is plodding on while awaiting the optimal deal.

Of course there may have been no interest in this alone, but with so much “interest” being touted by the Exec we don’t know and I do believe, given the hype, we should have at least had some clarification on why they needed to enact the dilution. I’d like the Exec to explain rather than just the guesswork of the flock.

That word salad is just a plagiarism of Coyotes comment. The company could have said what this threshold was without breaching confidentiality.

Questioning whether a sub- optimal asset sale would have been better than dilution is not a claim.. it is a question. Still seeking an answer

How do you know it was the best option unless you knew what offers were on the table?

Of course the warrants will be exercised unless we are diluted further. The discussion was about loss of value due to full dilution vs offer rejection, as an intelligent follower would understand.

A fair point if the offer is confidential. There is also the argument that if offers are disclosed it may open competition.

If, like Chrisp, you have a 20 bag target, i.e an mcap of circa 200 million, the dilution cost shareholders about 60 million. Since Chrisp also indicated he would be happy with a 50 million offer for Luansobe op, then even at 20 million which could be considered rock bottom the shareholders would be better off in the long run. This would have removed financial risk, and accelerated the development of other assets.

Only the exec knows whether the price was rock bottom or just not optimal…the lack of transparency is what invites the criticism

Would the average investor. have been better off if an offer had been accepted on one asset so not requiring a 30% dilution on all the other 8 or so assets which are also benefitting from improving market conditions?

Not trying to be awkward but the fund raising RNS does not specifically mention Q1/2 drilling program. This is a very specific statement which indicates a clear program for these periods ..maybe I miss something or you have some inside info of the program that would be nice to share.

What is in the drilling program you mentioned for Q1/2 2026?

Don’t know why you are getting so uppity..only asked you to clarify a statement that you made. Why are you being so evasive?

So..what’s to hide about chart predictions..was the avid chartist your mate down the pub ? I ask to see the basis of the TA

Well no link… may as well check the tea leaves

Got a link for that chartist?

Luansobe is not high risk…. in this particular case Levi’s realism was to know that it wouldn’t be mined within 3 months after License granted while those who slavishly worship at the altar of CB dished out the same derision as now.

A bit of realism is what several of us have been looking for..

LOL if you think Kamativi and Shingsnds will bring in big bucks in 49 days.. you been eating too many mushrooms.

As for Kas..tu… maybe..we are pretty much in the dark but we still keep hearing about difficult navigations, so I am doubtful this will monetise in this time frame but I hope I am wrong!

Maybe Iky knows something else is brewing