Member Info for Computer909

"M/c £1.4 million is ridiculously low"

This figure is incorrect, LSE have not updated their figures since the last raise, there are now 434,77M shares issued not the 257.61M listed so the actual mcap is currently sat at about £2.49M

Dumbo has issued equity like confetti since the day he arrived, The issuance of a single piece of paper could double or quadruple teh EQT mcap over night, David Palumbo's P45 !

Market makers determined to take their pound of flesh from BRES with a 20% spread and the bid pinned at 3.5p

https://order-order.com/2024/12/04/london-stock-market-exodus-worst-in-14-years-under-labour/

London stock exchange no longer attractive to big players!

Ian Pearson is as complicit in Dumbo’s corruption as all the others, he has no thought for shareholders just the £70k per year he trousers every year for doing jack!

"no reason for some of this to not come in."

One big reason, Dumbo Palumbo !

Simms, it is frightening how readily you want to believe Dumbo Palumbo's lies, If IDEX give EQT anywhere near €15M in Q1 2025 every EQT shareholder apart from you will likely die of shock.

I can safely say that we will be here at the end of March 2025 and Dumbo and crew will be touting another line of bull as to why they have failed to close any deals.

If we are so close to a €15M deal, please explain as to why the shareprice is falling on a daily basis to all time lows, no one believes the charlatan at all.

We will see another Dumbo Deal before we see any sizable amount of cash from IDEX, as sure as night follows day, everyone knows it apart from you it would appear

Kim Jong Un makes more public appearances than Dumbo now that he has sucked all the life out of the market, the guy is an absolute charlatan, lies through his teeth with a smirk that is clearly designed to wind up shareholders.

Still too arrogant and deluded to trim overheads , still thinks he's running a unicorn company in the making, when all everyone else sees is a charlatan plying his wares over and over again.

Baber ran a mile as soon as he could, JVL shuffled away before his pile of lies became obvious to all, Dumbo doesn't even have the decency to quit

Dumbo’s failure to control expenditure and reduce headcount to match revenue has been the biggest contributor to the company’s fall from grace, that together with the fact he as a CEO is the most useless contemptuous human being that has been allowed to run a listed company. He has smirked his way to pocketing millions, all whilst wasting tens of millions of shareholders funds, and achieved absolutely nothing of worth.

Italy MDC has been an unmitigated disaster as an advertising mechanism for the technology, and his actions around protecting Pitcole from its failure has resulted in basically gifting a considerable wedge of the company to them for nothing.

Palumbo is a Charlatan that deserves to be in prison

“If others in the company really cared about its future, they would remove him from his position immediately.”

The turkey shareholders had the chance to remove him at the last AGM, instead they re-elected him and gave him permission to dilute by a further 220%

Nothing to do now but to rely on his conscience , and we have seen very little evidence of that in the last 5 years, even the liar JVL has ran away from the steaming pile of crap dumbo has turned this company into.

Most long term shareholders here have been left holding the baby with losses in excess of 99%, to wish and hope that Palumbo will recover the situation is deluded, the guy is an out and out charlatan who is only out for himself and his mates.

Getting rid of him will require an organised shareholder action, but he has the ‘mates’ to carry a vote unless every retail investor acts, which is very unlikely to happen.

‘I really want to see insiders have some skin in the game to align our interests”

If you ever see Dumbo Palumbo or the idiot chairman actually buy a meaningful slice with their own cash we would know something truly outstanding was about to happen, their current holding are worth less than a bag of chips!

“but it should be noted that the product they will be supplying is concentrate, not SPG”

You have missed the point, the OC mine will produce much more concentrate than the SPG plant can process, so BRES will supply both customers ie the SPG plant and the European consortium, premium prices achieved from the SPG plant and baseline annuity revenue from SAFELOOP.

From a business plan point of view this is perfect, if the SPG demand grows and the business case for plant expansion stacks up I’m sure that will be on the cards.

For BRES it’s about maximising revenue opportunities whilst minimising finance requirements, looks like Mike and Co are doing a good job with that at the moment!

“If I were you I would be asking 'can we have an update for IDEX please'. But no, you seem to be moaning about something else.“

IDEX is as Dumbo says out of their remit to release news, the situation with the Italy MDC is very much in their remit to release status updates

Dumbo is a charlatan and should be in prison!

*DFC

BRES have a LOI for debt funding to get Orom cross into production with the DFC, at this stage that puts them massively ahead of similar small cap miners that are looking to move into production.

The DFS won’t confirm any agreement until the DFS is completed, but at present BRES couldn’t be better positioned

Register for the webinar on 3rd December, you can ask any question you want, or Contact Sasha he may be able to arrange a call directly with Mike he has offered to do so many times for me.

‘I was referencing Eqtec who never respond at all.”

They never do, I once had a wittering email response from JV Liar a few years back, but then they removed the IR email and replaced it with the forms page on the website that never have I heard anyone get a response from, hence trying to get info on North Fork direct from Wade, Dumbo and Co are just incompetent with regards investor relations as they just consider us a spent husk now.

"If you email for any update from them, they ignore your enquiry"

Wade Wheeler

General Manager

North Fork Community Power, LLC

PO Box 597

North Fork, CA. 93643

559.676.7630

wadew@northforkcommunitypower.com

Latest on 23/10/2024 : "We are looking at being operational by the end of the year."

The Metal NRG share swap and GIS guarantor was another of Dumbo's fantastical financial operations from the master financier!

The initial investment cost shareholders €745,161 (I say cost shareholders because it was done in a share swap)

Since then Dumbo has gifted 100M of those shares to his mate John Gunn over at GIS at a price of 0.1p each, and we now amazingly are able to recover €200K, from day one this was a desperate loss making adventure with Dumbo throwing around shareholders cash like the Harry Enfield character "LoadsOfMoney", Transfering EQT shareholder cash to various of Palumbo's gimp mates !

‘More cash in the bank for EQT today. good stuff.‘

Until we discover that somewhere along the line John Gunn/GIS are involved and the shares somehow now belong to them and EQT shareholders get shafted again.

It’s strange MNRG share price has continued to rise if EQT were selling nearly 5% on the open market?

“Bit mad this but I put eqtec share price prediction into Google and yes please... 8.30p“

Not likely with all the confetti Dumbo has thrown about!

Google AI is probably predicting another 100-1 consolidation pretty soon for that figure.

Not with this bunch of charlatans in charge, Palumbo gone and Le Saint in charge and there may be a chance.

Fully funded means fully funded, they don’t need the SI to complete the DFS, Mike says he will still take the SI investment when/if it comes, they will pay a minimum of 5p or current market value if the price is above 5p

The graphite price is the graphite price, BRES strategy to include the SPG downstream plant means they will have a guaranteed off take partner for the mines concentrate for the mine duration and will have. 50% share in the SPG revenue

The BRES business case doesn’t get much better on paper, as long as all the ducks line up,, we just need the market to wake up and smell the coffee