Member Info for chattty

Your free Float of 9 million will be increased.

First by the negligiable 'Firm Placing Shares of 10.3 million shares on the 4th August.

Any investor in their right mind will know there will be an additional 360 million shares in issue after the 20th August add those to the 69 million now in issue less II and directors interest.

So buying in advance is a straight gamble on the sp position after the dilution the odds on the sp remaining high at 2./2.5p are remote.

I think is wiser to wait the outcome of the placing which will be in a few weeks to see how the sp reacts before buying in probably around or below 2p.

So many poor irons in the fire mean there will be an RNS fairly soon?

Those traders with Trading accounts will always be able to buy and sell even if over the limits as a dealer will work the order within the given parameters.

Those using platforms do not usually get that service because of the low cost and business being generated within the platform metrics thus avoiding the need for expensive dealers.

Launched in DEC., 2021 at 117p ps with a gradual decline to >100p ps in July '22 from then onwards the sp collapsed to

> 2p ps in a year .

A >99%+ destruction to sp in 18 months overseen by the then existing BOD.

The fund raise at 1p ps shows the only people to earn anything out of the company was its highly paid BOD .

It is to be noted that part of the old BOD leaders, influencers, will still be in place despite residence during the company's abject business failure therefore a serious question remains over their ability to regenerate the sp primarily shown by their difficulty in raising funds allied to their dismal forecasts for business generation income .

The new business forecasts do not show any hope of the sp recovering to its former highs.

The inauspicious start to the new BOD first activities is demonstrated by increasing the SII from 69 million to 360 million all issued at a 79% discount to the then sp of 4.75p ps.

OR as the devious BOD put it;-The New Ordinary Shares to be issued pursuant to the Fundraise will represent approximately 84.26 per cent. of the Enlarged Issued Share Capital.

It is to be noted NO ONE would underwrite the issue.

"and by the way(apart from overseeing the destruction of the sp from 117 to to 1p) we are immediately putting in place our future bonus rewards with various landmark fiscal awards to keep up our lifestyle."

The low basic figures for future business expectations ensures those rewards will be activated.

Basically;- This new raise does one thing only it ensures future raises .

If the product had been any good at cash generation heavy buyers would have flocked in and any raise would have been snapped up no matter what the price.

Expect the sp to fall further on successful accept of the raise.

If the BB information is correct news due within a short time period?

What news will do for the sp remains to be seen.

Am a LTH with a reasonable holding,as others believe that soon there will be an announcement concerning a major deal which will galvanise the sp to unexpected highs .

The PIs recognition that a placing will happen at some point in the near term does,without doubt, hold back their interest both from LTH and Traders points of view with regard to profit opportunities.

So its on watch list to review at the time of the placing.

I have not read up on the 3% royalty deal even so I should imagine there is a buy out clause for around 1% at a prefixed price within the royalty contract.

POW who hold 62% of GMET have just announced the release of a research note on POW which mentions GMET on page 5/6 and 7 well worth reading.

In view of the US.Gov involvement Pilot Mountain should be considered an advanced stage project, funding,fast tracking etc., all in hand.

First Equity Limited is preparing a research note that should be published any time now providing a price target rationale for shares.

Missing The A.I Run? This London Stock Could Jump 500%

Published by: Tom Magellan

The last 3 tech stocks I covered in my articles went up over 300% because some of us saw the A.I run coming, well before ChatGPT went mainstream.

The good news is that the technology is still in its infancy, and there are countless opportunities to make big profits on A.I stocks if investors know what to buy.

One company here in the U.K which is starting to make headlines is RC 365 Holding (symbol: RCGH), a London Stock Exchange unicorn that is taking the markets by storm.

Since I called the stock a “Strong Buy” at 20 pence two months ago, it has gained more than 500% and still has room to go from over 100p to over 1000p

The company’s groundbreaking use of artificial intelligence (AI), RC 365 is revolutionizing the way businesses operate in the digital era.

With stocks throughout the world soaring hundreds of percent in the last months, the AI race is on, and investors who miss out will surely regret it in the months to come.

Artificial intelligence has emerged as a transformative force across various sectors, and the finance industry is no exception. As businesses increasingly rely on data-driven decision-making, AI has become the driving force behind enhanced efficiency, intelligent automation, and unparalleled insights.

Normal investment criteria does not apply so it is not a matter of red flags or anything else .

This share is a gamble based on its AI aspirations which are slowly gaining traction.

As a gamble it has the advantage and ability of being cashed in at any time,a bet unlike horse racing etc which minimises losses and maximises gains.

This will be one of the very few companies on AIM to have all its major funding requirements (inclusive of appropriate fast tracking requirements) provided for ,virtually free of charge by an outside agency.

Namely the US.GOV with regard to P.M. plus GMETs Lithium resource so considerably reduces the need for raising dilutive exploration capital which once fully understood will raise the profile advantage of buying into and holding this stock.

SP will do better than most resource stocks in the coming rerate of the world's climate organisational requirements.

A notable number of junior resource stocks have already started to increase in value.

The SII of some 22 billion will limit any sp lift to micro pence as demonstrated.

No one can short this stock the gain would be minimal and the costs prohibitive.

As for producing no one but Canmax buy and they won't/can't as their is an FM in place.

CanMex have served their 90 day notice so unless agreement is reached very little can be done.

Neither will want to go to arbitration because of the time it will take

Also if they go to arbitration it can take up to a year to get a resolution through the courts to solve the dispute which means the sp will going nowhere except into hibernation assuming the company survives which it will but in a new format.

It is clear PREM have close to zero cash especially when the BOD are looking to themselves to provide cash

Canmax are resolute and going in for the kill by not accepting a resolution unless under their terms.

The BOD have also said its difficult to deal with the money markets due to the dispute.

So Long as the current situation stands suspension is to be expected within a few weeks.

From the RNS.

In particular, whilst the Company is actively involved in alternative funding negotiations to facilitate ongoing development at Zulu and the substitution of the Agreement with Canmax who have made it clear that they seek repayment and cancellation following the remedy of the Force Majeure, there is no certainty at this time that these alternative funding arrangements will be concluded.

Premiers' cash reserves remain constrained, and this has been exacerbated following rejection of the special resolution proposed to shareholders at the Company's Annual General Meeting ("AGM") to disapply pre-emption rights, as announced on 26 June 2023. The Board noted the limited number of proxy votes cast at the AGM, and in particular, the Board believes that substantially more shareholders would have voted at the AGM in light of recent developments. Accordingly, the Board intends to call a special general meeting to be held on or around the 12 August 2023 in London where shareholders are strongly encouraged to vote in either person or through the proxy of the Chairman of the meeting. A further announcement will be made in due course.

Its high risk but the whole thing about this share is it could start running fast as interest is generated by buyers crowding in on the excitement of the sp movement.

It's ridiculous and rare to see MMs spread of 50%, although can deal well inside, shows the MMs want to maximise their take whilst minimising their risks.

So I'll be staying clear even for a short term trade,