Member Info for Chilli300

No worries, apologies for not seeing the December bit. I did say I was probably being thick

I don't get it. You quoted my

''the recent placing of 2p which at the time was at a premium that gives you another marker''

And then I said the "recent placing"

And the most recent placing I was referring to was April 1, so not sure why you're talking about December?

Or am I being thick? As a fact the latest placing marker is the last one and not the December one. I don't get it sorry.

Https://otp.tools.investis.com/clients/uk/metals_one_plc/rns/regulatory-story.aspx?cid=2778&newsid=2045765

Better link

Released : 01/04/2026 12:34

RNS Number : 1036Z

Metals One PLC

01 April 2026

Metals One has successfully raised gross proceeds of £1.5 million through a direct subscription for new Ordinary shares by institutional investors (the "Subscription").

The Subscription comprises the issue of 75,000,000 new Ordinary shares of £0.01 each ("Subscription Shares") at a price of £0.02 per share, representing a premium of 8.16% to the closing price on 31 March 2026.

that's incorrect longtimeinvestor 8.16% premium to be exact

https://www.**********.com/articles/metals-one-raises-1-5-million-at-a-premium-as-it-moves-towards-49-9-of-lions-bay-resources-a62e433

metals one raises £1.5 million at a premium, as it moves towards 49.9% of lions bay resources

metals one (met1

follow

) has raised £1.5 million as part of a plan to take it to a 49.9% stake in lions bay resources, the vehicle that it already partially owns that is acquiring a major south african gold project.

metals one has agreed an option to acquire 19.9% of lbr, to add to the 30% it already owns, through the conversion of us$5 million of the existing loan facility that it holds.

a further c$3 million in loan facilities to lions bay resources held by metals one will remain in place.

lions bay resources owns a cogeneration plant located in the karbochem industrial park, newcastle, south africa. this plant is reckoned to have a replacement value of us$39.6 million.

lions bay resources has also agreed terms with the business rescue practitioner to acquire the assets of vantage goldfields in south africa, subject to creditor approval on 9 april 2026.

the vantage assets entered business rescue after the 2016 lily mine collapse and are located in the barberton region with a historical resource inventory of 4.5 million ounces of gold, a central metallurgical complex and extensive underground development.

metals one will remain the senior secured creditor to lions bay resources, ahead of concluding financing discussions with interested financing parties to facilitate the conditional acquisition of the vantage assets.

it is anticipated that metals one will call a shareholder meeting to approve the option exercise following the 9 april 2026 creditor meeting.

the subscription comprises the issue of 75 million shares at 2p per share, representing a premium of 8.16% to the closing price on 31 march 2026.

"our vision for lions bay resources is taking shape,” said daniel maling, managing director of metals one.

“having secured the cogeneration plant in newcastle and an initial 30% stake, we are now focused on closing the vantage transaction and exercising our option to go to 49.9% of lbr. the lbr operating and legal teams in south africa have worked tirelessly to progress the vantage assets deal and we will continue to work alongside them and our partner lbi to secure these and other mining assets complementary to the portfolio.”

Https://money.tmx.com/en/quote/LBI/trade-history

https://money.tmx.com/en/quote/LBI/trade-history

Anyone know anything about this lot?

RBC Capital Markets

Research Capital Corporation

UT 1.5

2 254 410

Novel

Or find any which way to raid any piggy bank available to help close Barbrook

Only as fun jovial conjecture of course.,

Https://www.sedarplus.ca/csa-party/records/document.html?id=61778a725b756dc04331d0bde543d14740812d9cbf8f7802d78557eebb7492f3

Vancouver, BC, June 18, 2026 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE:

MNYC) (“Fidelity Minerals” or the “Company”) announces that the TSX Venture Exchange (the

"TSXV") has granted the Company an extension until July 18, 2026, to complete its previously

announced non-brokered private placement financing (the "Private Placement"). The Company may

complete one or more additional tranches of the Private Placement, or the balance of the Private

Placement in full, at any time prior to July 18, 2026.

The Private Placement was originally announced on May 4, 2026, and was subsequently upsized on

May 21, 2026. The Private Placement consists of up to 14,050,000 units of the Company (each, a

“Unit”) at a price of $0.20 per Unit, for aggregate gross proceeds of up to $2,810,000. The Company

closed the first tranche of the Private Placement on June 8, 2026, issuing 3,160,000 Units for gross

proceeds of $632,000.

Each Unit consists of one common share of the Company and one-half of one transferable common

share purchase warrant, with each whole warrant exercisable into one additional common share at

$0.30 per share for a period of 24 months from the applicable closing date. If the closing price of the

Company’s common shares equals or exceeds $0.60 for 10 consecutive trading days, the Company

may accelerate the expiry date of the warrants by press release, after which the warrants will expire

30 days later.

All securities issued in connection with any subsequent tranche of the Private Placement will be

subject to a statutory hold period expiring four months and one day from the date of issuance, in

accordance with applicable Canadian securities laws. Completion of the Private Placement remains

subject to final acceptance of the TSX Venture Exchange.

The Company intends to use the net proceeds of the Private Placement to advance its Peruvian

exploration and community relations programs, and for general working capital. The Company may

pay finders’ fees to eligible finders in connection with one or more additional tranches of the Private

etc

Just as a fun aside

LBI seems to have gapped up to .32 bid and .33 offer

On zero trades... From about .22 /.24 yesterday. CUR .25

Could be a glitch as there is nothing on sedar +

The biggest joke is I do flipping conferences and launches and leadership training for some of the biggest entities in the world and I offered them my services for free... And didn't even get a reply

Which I do actually find very funny

Lol ridiculous really...

Https://www.youtube.com/watch?v=JglXpiPXtTM

Evolution Energy Minerals Launches Maiden 17-Hole RC Drill Program at Chikundo Copper Project

Etc

Https://zeuscapital.co.uk/log-in/research-portal-login/#/portal/zeus-capital

Daniel Slater, CFA at Zeus has initiated coverage on Rift Helium, assigning a risked NAV of 29.1p per share and an unrisked NAV of 435.5p.

The note is a helpful external reference point for the scale of the opportunity we are working to unlock in Tanzania’s proven Rukwa Basin.

For investors, the note helps frame the opportunity clearly: helium is a critical commodity, new sources of supply are needed, and Rift is focused on a basin where the helium system has already been proven.

At Rift, our approach is straightforward: smart access to primary helium, targeting structural closures where helium has the potential to accumulate in commercial volumes.

We are fully funded for our next phase of work, with 3D seismic planned for 2026 and two exploration wells from Q1 2027. That gives us a clear path to test the potential of our licences in a disciplined and targeted way.

The broader market context remains important. Helium supply is still concentrated and fragile, while demand continues to grow across semiconductors, AI infrastructure, aerospace, defence, fibre optics and healthcare.

Tanzania is well placed in that context. Its position on the Indian Ocean gives it a natural strategic advantage in serving Asia, the fastest-growing helium import market globally.

There is still a lot of work ahead, and we remain focused on executing the next phase properly.

But the opportunity is clear: Rift has the asset base, funding and technical plan to test a potentially material primary helium system in a market where new sources of supply are increasingly needed.

This is an important step in building that story, and one I am pleased to share.

Look through rather than look out !

Wouldn't say knowledgable, just quite enjoy sharing what's in the public domain if you dig hard enough.

I think if you look at Oaks Sum of Parts note and even the incentives tranche 2 it steers you to the 3 - 3.5p range as a target by end of year.

That in my view doesn't really give any success to anything as such, but gives x value out of lookout the recent placing of 2p which at the time was at a premium that gives you another marker, and nothing has happened since to bring it down to where it is today. If anything since that placing at 2p you have a positive creditor vote on Barbrook and possibly Section 11 update imminent.

What happens beyond 3.5p will depend on where dilution sites and financing, one assumes it will largely sit at project level LBR / Lions Bay Mining (which also exists as an entity and doesn't get mentioned)

IF an element of this Vantage bid is successful it then derisks, so allows you to have the share price reflect CTL and FMET crystallisation of investment early 2026, which we haven't seen as a look through at all.

Beyond 3.5p on a personal level I think 7p is achievable as Newcastle plant comes to life, and the feedstock for that will have other options over and above Vantage whether that comes from someone like LBR Operating Eldorado (Elcora) or GNT Mining Bosveld gold mine debt against the tailings. S the Vantage bid isn't b all and end all in my opinion.

Chikundo and the graphite in Tanzania could be fascinating and could take you towards 12p. But this is literally just my opinion and where my investment strategy currently sits

DISA and wider Uranium is for me the most exciting, especially if we are remotely linked to any subatomic discussion or strategy in the Red Basin. But that at the moment is conjecture.

Although does look like an algo on 1.561 best offer

Who knows

What's interesting is that this is bid led. MM's (LSE) have just under 250k at 1.45 and 1m at 1.4. And very thin trading at offer side.

And the book is very thin until you get to say 1.7 with SNGR on 300k then IHCS at 1m 1.75. Fascinating. Really isn't offer driven

Blades

As you've probably seen the LBR / LBI updates are scant, and probably more of a reflection of legal, business rescue and quite possibly now a section 11 ongoing process.

Which arguably is better to a degree, although somewhat frustrating sometimes ,than constant social media commentary based on jam tomorrow. Although some degree of jam at any point would be lovely

3 potential catalysts

1. LBI Barbrook update and possibly other elements of the Vantage wider structure (MIMCO who knows - could be another bid from someone else but we currently have no idea - to a degree that might help). And Barbrook scenario I think moving towards some de facto debate.

2. Ev1 Drill campaign - Chikundo

3. DISA updates, and for me Squaw Creek project area is a possibility here.

You could add Novacore Uranium IPO update in the mix somewhere in near term, although not sure how much of a real catalyst that will be, unless there is a subatomic narrative that plays out on red basin or a sniff of North American Uranium platform

I'm not convinced on Fidelity Minerals, but happy for them to prove me wrong. Their biggest issue historically across many entities has been social acceptance rather than geology.

Could be a Swales update perhaps and possibly an expanded claims footprint and some form of early exploration strategy / update.

We are also yet to get an update on European funding for Nickel side of things. Rana feels as one project that they need to shift out of the door.

Https://www.timberjay.com/stories/many-factors-at-play-in-search-for-helium,32297

Many factors at play in search for helium etc