Member Info for dai2belts

@Blubay, the 1st conversion was at 0.5002p, the discount in the RNS given against the 15th Aug, but what dates show a conversion price near 0.5002p, the earliest my spread sheet shows is the 8th of Aug..at ~0.496p

If it reaches an extremely unlikely 0.1p, £10mMC it should creep up to £20nMC...either way downside should be minimal and lowest risk in this ESP cycle..

That possibly allows a greedy(double) entry which could be reduced by ~50% at £20mMC, or look to take back initial investment by £30mMC...I bet somewhere between those points there will be a dip as people de-risk,, so maybe if a strong run to £25mMC De-risk, put some back in if a reasonable dip then take back a little later.. But £60mMC could be a physiological target(pre-CLN trading range), so maybe start de-risking at £30 who knows ...

If the MC holds near £20MC to the bottom, then the play is higher risk, not so clear,,

I know, get out before but instead of walking away, keep with the mindset of getting back in on media pump..

Or leave some profit on the table, and keep with the mindset of getting back in on media pump..

That way you are staying tuned

That's what my estimates show too

Would be worth considering the situation nearer the date,,

If CLNer is still holding then He1 will need to encourage exit liquidity no matter how good the results

And there could be a repeat the the crazy media pump that occurred last time, it seemed like every man and dog was pumping the discovery as commercial

Also they may be skint, especially if Colorado production is slow materialising so the will need to raise just to keep the lights on

Any thoughts on this chart, there appears to be 3 levels, or 3 price ranges

https://invst.ly/1cf1wr

I seem to recall , that for some reason He1 made us privy to the conditions of a placing we were excluded from...

It quite clearly stated subscribers could not sell for 6 months, with get out clauses.. it was an over subscribed placing, yet there was heavy dumping into the market as soon as the placing was announce done....

Believe what you see, not what they say

I stopped holding for results a while back, often there is an unexplained blip before poor news, and thats a good signal to jump.. But I have missed out on a few multi baggers doing that,,,but also been heavily stung not getting out..

ESP flow test, I am not sure whether to hold for that, but the way the media played Itumbula, touting commercial, geo thermal, hydrogen and whatever it might not be a bad idea to leave something on the table.. the 1st Tai drill was the CEO's off-taker talk just a few days before results, then failure... cant trust them

One thing to consider for example would be to double up at the beginning of what should be a good position, and then you aim to take back you initial investment earlyish, then you cant take a loss... Mind, you can be become reckless with the profit and make nothing, so take some at least.. Without profit you will always be using your savings and eventually you will catch a string of bad ones, especially with the jackanory BOD timelines and finances ..

And then you cant predict if, or when the market will make its move,,, well I. cant

Lol, you are not naive asking questions like that, we are left guessing their play,,

How about you consider how much downside you are willing to endure before the bounce, .. I guess some were buying at 0.3p hoping the remainder is converted at 0.25p, and thats their bottom, and probably thinking the current £20MC is cheap...

But the MC could still be held near £20m with each batch of new shares issued, as the price keeps dropping..

So I am considering downside, and possible rebound...

History suggests a max rebound of MC 80-100m, its currently 20m, was trading near £60m,

downside,,,, well next conversion, if early next week near 0.23p,... unknown number of tranches left so need to see next to have a better Idea how many more discounted issues.

But we don't know how the CLN will play out, but you don't have to play until you are sure you can hit the ball

Tell me about it, twice I have taken a protective stance, to ensure no loss, and when your not expecting it, rebound missed

Its a bit like....

I’ve got a £10 Tesco voucher that starts next week, but I want cash now, and my mate Vinny gives me £9.50 today for it. Fair deal, right?

When the voucher kicks in, Vinny doesn’t just spend it — he uses it to buy Tesco goods at a discount, then sells those goods cheap outside the store.

Because he keeps selling so much, Tesco keeps dropping its prices to compete — and every time they do, Vinny gets even more for his voucher.

Soon, Tesco prices have tanked, loyal shoppers are left with worthless goods, and the store’s value has dropped off a cliff.

Vinny walks off with a profit.

I got my £9.50.

Everyone else? Screwed.

I am not smart enough to see the difference, just get confused,,,

In this jungle, you are a meal for everybody, even your own pack if they get hungry enough.. and the CLN funder is the Apex predator moving through at the moment...Once its moved on ..

Lol,

So you said He1 claimed no short selling...so been checking out the twists, not sure how correct this is..

🔄 Clarifying the Two Again:

1. Short Selling (Traditional)

You borrow shares you don’t own.

You sell them now.

Later, you buy back shares to return them to the lender.

Requires a stock loan → often flagged and regulated.

👉 Explicitly banned in most CLN agreements.

2. Forward Selling (in CLNs)

You sell shares now that you don't currently own.

You expect to receive them soon via conversion of the note.

You settle the trade when the shares are issued to you.

No share loan is involved → not technically a short sale.

and there is also forward contracts where no stock is loaned, and where that 92.5% combined with 20% adds wriggle room...

everything is in a grey area so we never clearly understand

Its better than those encouraging people to buy a downtrend , or hold from 0.9p,...

The 0.58p may or may not be related , but its food for thought under the current trend, and maybe that £2m was related to the first tranches,, its all just speculation...

Blubay is a saint compared to legalwolfs reign here

No point in giving blubay stick

You just have to look at the chart, and whats in play..and past form..

And the fact by not converting 10 days after the last, its not a simple repeating process but adjusted to advantage, and the next conversion price has dropped below the pessimists 0.25p estimate...

I am keeping an eye on he1,

So the 3rd conversion is yet to happen, If they convert the combined share total of 1st two conversions at ~0.23p, the cash value will be less than that of just the second.. And the lower the price, the more they convert, then the longer to churn, and maybe the more tranches will be needed.. I cant understand anybody buying for the flow test with so much uncertainty at the moment

Could be... I cant recall who started it..

If they convert the combined total of 1st two conversions at ~0.23p, the cash value will be less than that of just the second

Odd, the thread with Blubay and Itoms predictions deleted, while there were no other posts that warrant removal