Member Info for ChirpyCheep

Rach

May I give you a massive thank you.

Over the last 30 days you have posted on this BB , more than anybody in the UK

Your perservance and hard work not to mention your diligence and insight is second to none on this BB

Where would this board be without you.

Again, a big thank you

Rach

Glad you think I am a joker. FWIW your post similarly humoured me.

I havechecked my IMC certificate and it does not have an individual number, but was issued when Julian Le Fanu was chairman of UKSIP. I trust you realise that's a name I haven't plucked out the air.

Your posts regarding the sale of Met1 assets are a pure diverting tactic to mask what a good deal this was for 80M

This is especially pertinent to you because your main hope, that of 80M going bust ,won't happen in the short term at least. Your estimates about Capital Raising have also taken a hit.

Have a look at Zinky's post; he stated on Telegram back in October last year that he expected 80M to fold

He normally takes a lot of persuasion regarding the 80 proposition. If he thinks its a good deal it's a good deal.

FWIW, I think it's more than a good deal. Met1 is horribly overpriced and with warrant after warrant after warrant being issued at a substantial discount I personally can't see that changing- but hey ho that's my opinion.

Yawn.

I agree they should provide an RNS but is it a legal requiremen?t .However , I do not agree with your sentiment that the transaction is underhand .80M obviously have a good relationship with Met1 as per the disposal of the Finnish assets so I would think the intentions of 80M would have been known .

Monet, agreed .LWHL is just a more subtle version of Rach, not even invested so what he/ she is on about here heaven knows .

31st Jan 31, Rach called Met1 a "dud"

Rarely in the history of investing can anybody have got anything more wrong.

Rach will correctly point out the price is only the price at a particular point in time; things can change.

Hopefully though she will now refrain from chastising those with losses on 80M; the share price is the price at a particular point in time, things can change.

We can all get things wrong, even Rach.

EB, the Deferred Consideration Shares; as far as I am aware they haven't been issued. Any reason you can think of, given that the 80M holding is nowhere near 30% ?

EB, MET1 issued an RNS 31/01/24 extending the lock in period until the end of this year.

Ashton

So they've basically swapped Ham and Out less the industrial gasses, which both need to be drilled for 30% of a drilled JLand got some cash to boot.

30% of JL could transform the company the company, hard to say the same about the Finnish assets

Therefore seems good sense to me.

Ashton, lock in period ends Dec 31 2025 for original share capital .A potentially large pool of capital .

Ashton, sorry a small point the figures may be wrong from Met1 , perhaps they are based on earlier share capital.

Regardless though of whether its North or South of £2m it's , perhaps luckily, a good deal.

Ashton

Not sure if you realised but 15.52% of 70,154,750 is 10,887,924.

This is higher than the figure you quoted of10,364,448 on 31st March

On the basis 80M held 6,249,773 shares before the sale of assets to 80M it implies those said assets were sold for 4,638,151 Met1 shares

Throw in cash received it looks like 80M received over £2m for the sale of the Finnish assets.

Bearing in mind 80M was valued at £5m when the new BOD was created, despite the vigorous protestations of another poster on here, that looks now a cracking deal.

Indeed EB.

It's worth pointing out that Rach at 08.49 on 31st Jan 25 kindly pointed.out that the value of 80M's holding was £140k and that the investment was a "dud". It look less than two hours for Rach to make a comment on the price decimation of the Placing on that day but I don't seem to recall any comments when the price of Met1 has risen since. Perhaps I am mistaken.

The price of 80M on that day was 0.285 so it's hard to see how its baked in to the price.

I guess there's a lot of cash in that Met1 price so not only has it risen considerably it's also a more robust investment for 80M

Ashton, well there you have it. An honest admission from Rach that she is is here primarily to discourage you from posting. I can't quire remember but wasn't her first post a personal attack on you ?

I hope and trust you won't be dissuaded from posting.

Ashton , who knows The point is though that surely 80M will get more traction in the market with here and now commodities like Oli rather than those that need technological advancements such as White Hydrogen.

Correct me if I am wrong but there is nothing to suggest White Hydrogen is important to 80M. Plenty of other commodities at both GS and JL. With GS isn't SAF the big prize ?

https://www.prnewswire.com/news-releases/sustainable-aviation-fuel-market-worth-25-62-billion-by-2030---exclusive-report-by-marketsandmarkets-302444898.html

Do you have a link please ?

Ashton, thank you for posting this.

Shame it wasn't a bit longer but one can't doubt his enthusiasm.

Who knows but I think it emphasises what I've said all along that if RM had to choose between Disko and JL he would choose the latter.

Do you still think they will drill Disko this year ; can't quite understand why Disko has to be drilled in the summer and JL in the winter ?

Obviously a very postive podcast but it didn't give the impression that Disko is the priority ?

IvR, good call on the cost of drilling.

IvR............and metals ?

Your post, albeit it's a short one, implies 80M may become pure energy ?