Member Info for CTSFO

Excellently put. The NDA is key. Obviously they’re part of many negotiations. But more important here. Everything that LUNN has found can be explained to the proposed investor. Everything. We haven’t been updated on the state of play with GV. It wouldn’t surprise me if GV will fund the debt they’ve already agreed to, whilst the new investment clears the rest. We wait and see.

The bottom line. If we lose money, it can be replaced. At least we don’t wake up and have to suffer being you. Thank goodness for huge mercies.

Bobrad, if that does happen, will being able to say “I told you so” make up for your inadequate personality and micro p e n i s? Will it give you the attention and validation you’ve never had? Asking for a friend.

RESPECT MY AUTHORITAAAAAY!

https://youtu.be/YKTRDjBizfk

Just gotta love Cartman the cop. 👮🏻

There was no mention of GV in the update from LUNN. Not sure if that’s a good or bad thing. The ever increasing debt being discovered in the US isn’t something they agreed to. The question is: does this additional debt belong to Noble or to PPP?

Hopefully we’ll get an update on this.

There seems to be a disconnect between the interview given on ?stockbox and this piece. I think 6 months was the timeframe given in the interview.

The translation

“ As we learn more about the size and potential of the project, our costs will increase significantly. This includes the actual cost of drilling, our local staff in Molaoui, fuel from the local gas station, meals, accommodation and equipment in Molaoui, and many other project-related costs. The future budget for the project will include the cost of further drilling, local environmental studies, economic studies, metallurgical studies (to ensure we can extract the zinc from the rock), and design and planning. We hope to have a decision on whether or not to mine before the end of 2027.”

Filterland, in which document does the CEO say that please?

I took this in good faith.

“Revenue for the Period grew nearly nine fold to US$2.23 million (H1 24 US$0.26 million), as the Group continued to execute its strategy and all Group entities demonstrated significant growth and expansion of their operations

· Net loss for the Period reduced to US$69k (H1 24: US$737k loss) as the Company's operating businesses gain traction whist the Group continues to invests in developing its GS Money solutions

· Placing to raise gross proceeds of £1.25 million in April 2024 at 1.05 pence per share

· As of 30 September 2024, the Company had US$2.91 million in cash and cash equivalents (30 September 2023: US$2.19 million)“

This suggests, but I accept doesn’t prove, all is going well. If they’ve used up their $2.91 million, we’re in trouble!

Fair comment. It will be interesting to see if there’s a change in sp the morning the new shares officially get added to the shares in circulation.

Morning Swerve. We get double fecked with a BBRC. The placing price crashes the SP even though it’s only a 5% increase in shares. This sets the new mcap. The sp further falls when the new shares hit the market, unless we argue that’s already priced in. Not sure about forward selling actually works in practice. Thankfully, a 5% dilution can easily be accommodated.

Thank god this wasn’t a ‘keep the lights on’ placing. The underlying company is at a break even point. The company is now financial stable for the foreseeable future. It wouldn’t surprise me if they’re purchasing another financial services company that massively accelerates their integration and growth plans. We await that RNS with bated breath!

Hope everyone has a great weekend.

If EVANS was there, I’d pass the 416s around!

Good point Zag. Getting angry won’t change anything, even though it’s a natural thing to do. It harms us more than the real villains at play here. I’d rather protect my coronaries and quietly prove revenge is a dish best served cold.

Originally posted by @Lazarus2:

https://www.griproom.com/fun/10-signs-your-stock-is-being-manipulated

Totally agree with gregario, very good and useful post. I’m nicking that!

Lunn has no choice in being interested in the past. Any new investor is going to want to know they’re investing in a going concern. They’ll also need to know what litigation the company is facing. This isn’t ideal by any means, but it’s the only way serious new money will come into the company.

Good post. I should have said I’d be surprised if part of the new funding isn’t used to purchase another company to add the group.

I just want to know what they’re buying with the £2,000,000. They’ve always been frugal with placings. They have to be focused on the next addition to the group.

Ssccss, this looks like formal legal action. They have to be careful what is released so as not to prejudice the case?

Sent before I finished, sorry. The original company probably withdrew the winding up order in good faith. If EVANS has failed to honour his part of the agreement, that company might well be threatening another order at the high court.