Member Info for Coldfeet

Morning @SeisNav

I would sincerely hope at 7.6k per year JLP will be profitable. I reckon you could have a damn good guesstimate based on previous reported copper costs, adjusting for inflation, cost increases on labour, acid and fuel etc. :)

Surely it can't be higher than say $8k as a worst case scenario? (figure plucked from the cosmos)

ATB

@Vanilla

Agree with that, I had $12-13m revenue from memory.

ATB

@lootgaloot

That's one of the reasons I will be voting Yes.

The new Investor will likely know several copper mining experts who can take over. Leon who can then clear off to One Chrome.

ATB

Are EY there auditing CPX's annual R&D tax credits or for another purpose?

@Janoz316

They used to be called Ernst & Young, one of the big 4 global accountancy firms, as well as providing loads of other services.

ATB

Just bought 500k at 0.278p, spread was 0.27-0.28 so should show correctly as a buy.

ATB.

@Janoz316

Indeed, could be an interesting day/week.

ATB

Morning @MakeMineA99

Re. Section 9 - Notification of Interests, copied below. I believe that the constitution was been changed 28/11/25 to prevent sneaky accumulations of shares, i.e. from the likes of Schurter? FCA's DTR 5 applies so disclosure needed at 3% and each 1% that follows etc., but I'm no lawyer, corporate governance expert :)

https://cap-xx.com/investors/aim-rule-26

Amended constitution second from bottom.

9.1 Application of DTR 5

If at any time the Company is an AIM Company, the provisions of Chapter 5 of the DTR

(DTR 5) relating to the disclosure of voting rights shall apply to the Company, its shares

and persons interested in those shares as if the Company were an issuer for the purposes

of DTR 5 and as if the provisions of DTR 5 were set out in full herein and accordingly the

vote holder and issuer notification rules set out in DTR 5 shall apply to the Company and

each holder of shares in the Company.

9.2 Company may announce

A shareholder must, to the extent it is lawfully able to do so, comply with the requirements

of DTR 5. Notwithstanding the time limits for disclosure set out in DTR 5, the Company is

required by Rule 17 of the AIM Rules for Companies to announce via a Regulatory

Information Service, all the information contained in any vote holder notification without

delay.

ATB

@MakeMineA99 checkout the amended constitution on CPX website. Nov 25 I think.

ATB

Hello @VirtuallyRich

Yes, saw reference to DTR 5 in the amended constitution and I agree with your opinion about disclosure. I'm now wondering what prompted this change in 11/25. Mind you, the previous constitution was very old and it needed updating anyways so there may be no specific reason behind it.

ATB

Morning @parkez

I'm now wondering whether the constitution was amended to prevent Schurter acquiring shares on the quiet. Not in any way certain and may see if GC will confirm or not.

ATB

VR,

Ignore my previous blah, I was looking at the old constitution and not the amended one adopted 11/25..!!!

ATB

Hello VR,

Could you let me know the source of that info please. I wasn't able to find any reference to shareholder disclosure in the constitution but from memory I don't think Schurter going past the 3% and 4% resulted in the usual TR1 via RNS so you may be right in any event. But, I do find it hard to believe that a non-UK company can accumulate shares in a UK listed company without the Nomad or Broker noticing and making the company aware, who in turn would notify their shareholders.

@MakeMineA99

Whilst digging around I did find this on CPX's website that relates to Takeover Regulations "Although the Company’s ordinary shares trade on AIM, the Company is not subject to takeover regulation in the United Kingdom and The City Code on Takeovers and Mergers does not apply. However, the Company is, and is expected to remain, subject to provisions regulating takeovers under Australian law."

Will leave research into that for the weekend :)

ATB

Morning all,

A Schurter buyout makes sense, for them anyways but not for me. Maybe DH will act in concert at some point in the future but that would still require double what they currently have jointly?

As far as I'm aware disclosure rules under DTR Chapter 5 still apply for Schurter for a company listed on AIM.

ATB.

@Iamald

Nice one mate, I did think about asking to join TDM's group but I don't like giving away any data.

I might sell 10% if it gets to 3p :)

ATB

@Iamald

I would understand why you would cancel that.

I'm hoping CPX survives any future takeover attempts, and there is no evidence that this is what is driving CPX SP rise today, as I hope to see where CPX have got themselves to in another 2-3 years.

I hope today is related to a previous RNS re. contract win and maybe we finally get to find which firm it is..?? Again, no info to suggest that this is the reason.

ATB.

Morning @Iamald

Meant to buy some yesterday, just got another 500k more at .239 via A J Bell. The alleged spread was .21-.25 which nearly made me change my mind.

I sincerely hope CPX will not be taken out for at least another couple of years. But I can understand why someone, especially Schurter, would be interested at such a low MCap and they are in the mood for acquisitions.

SP will probably drop back to .20 now knowing my luck :)

ATB.

@bluegrass

Same here, with an ave. of 9.63p BHL were tucked away in the bottom drawer. I was going to top up as this is a US lithium play but bottled it as I was concerned with lack of cash. As this rise has continued there might be other positives due to be announced??

ATB

Hello Kalan,

I doubt JLP have their own licence to register announcements. I've always assumed that listed companies use service agents, who hold the licence, and they then pay them for each RNS. I can't imagine the service agent would pay their annual licence and then provide the service for free.

I might be wrong tho.

Hello Jolly1,

RNS' cost, no idea how much tho.