Member Info for EarEyeAm

"Number of ordinary shares of 0.05p each in the Company ("Ordinary Shares") to be admitted: 2,638,982,667"

The current buys are at approximately 0.12p.

2,638,982,667 x 0.12p = £3,166,779 Market Cap.

We have about £1m in cash, so the business is currently valued at about £2.17m.

Cash shells with a quarter of that cash sell for £3m, so we are undervalued by £834k just on Net Asset Value.

The Graphite Project should get the Market Cap up to £10m easy, so 0.379p, prior to any drilling.

Yes, anything 0.12p or above is a buy, the couple of 0.10p trades are the sells.

$100m plus interest compounded monthly, could be $140m by the time the interest is added on.

Plus, the figures will be adjusted for the current Oil price (same as with the Zenith Energy ICSID claim). I think the $100m was at $68, so could add another 40% to 50% to the $100m.

And ICSID could award Punitive Damages on top, for the years of being strung along.

Cantor Fitzgerald holding

13.83%

365,090,894 shars

Thing is, with the Graphite Project and ICSID claim in parallel, I wouldn't call it a binary between, there's two possibilities to win big, not one.

This is what's happening this summer. With the results announced as they come in, the company will get noticed and the share price should get moving, as the current market cap is way too low. At the end of this exploration we'll either have the early settlement, or we'll raise some cash at a much higher price to do some cheap Reverse Circulation drilling.

Future Exploration Programme

The Company intends to develop the Project through the following work programme:

· Integration of surface mapping with available aero geophysical data from the Geological Survey of Brazil, (CPRM) and the Bahia Mineral Research Company (CBPM)

· Surface mapping of Tenement No. 870.511/2019

· Bulk sampling for metallurgical testing

· Conducting 10km of ground geophysics (IP) to test the Baixa do Barreiro ore zone at depth

· Excavating 2,000 meters of trenches over the Baixa do Barreiro and Mastruz targets

· Geological mapping of Tenement No. 870.511/2019 and preliminary investigations of satellite targets in Tenement No. 870.512/2019, within the proposed exploration footprint for graphite

----

"Mining and exploration companies often prefer Reverse Circulation (RC) drilling to Diamond Core, due to the fact that RC drills provide approximately twice the sample size and speed rate at approximately half the cost of core drilling; in most cases RC also delivers 100% of the sample, whereas core drilling sometimes cannot."

I'm guessing there's a huge split in Government between those saying early settlement is the best option, vs those willing to risk a huge ICSID award and associated damage to international investment in Ireland.

And I still see the €100m claim as significantly undervaluing our claim, based on:

"The Barryroe Oil Field off County Cork is estimated to hold about 1.6billion barrels of oil, of which about 311 million barrels are recoverable using current technologies. 311 million barrels of oil at the current global market value of a barrel – $100 or there abouts – puts the value of the Barryroe oil at about thirty billion euros."

https://gript.ie/jmg-barryroe-energy-crisis/

ICSID will need to rule on that. Does the Irish Government want to risk an award that takes into account 20% of a €30bn asset?

And then you have no less than 32 councillors backing extraction from Barryroe and they are just the ones from Cork.

"Groundswell in Cork of political support to develop massive Barryroe oil field 50kms off the coast"

"32 County Councillors vote to press Government to licence extraction of a reservoir believed to contain up to 300 million barrels of oil – but Social Democrat voice urges caution"

https://www.independent.ie/county/cork/groundswell-in-cork-of-political-support-to-develop-massive-barryroe-oil-field-50kms-off-the-coast/a/151545541.html

BillfromBristol,

"Nobody seems to have noticed it yet"

On ADVFN yesterday we were shown as 50% up, but their systems didn't pick that up, as we weren't showing on the highest risers list, which at 50% up we would have been at the top of, because the highest other stock was only 38% up.

We will be getting updates on the Graphite Project soon enough, which should pique interest.

"Exploration and appraisal field work is planned to recommence in the summer of 2026"

https://lansdowneresources.com/macaubas/

The Macaúbas Basin Rare Earth Elements (Geology & Mining)

Geologically, the Macaúbas Group hosts a rich array of critical and strategic minerals, including lithium, graphite, iron, and rare earth elements (REEs).

The Deposits: The basin has seen heavy exploration, particularly for Ion Adsorption Clay (IAC) rare earth deposits.

Exploration Targets: Companies are mapping the graphitic pelites and saprolite veneers within the Macaúbas formations for magnetic rare earth elements such as NdPr (Neodymium-Praseodymium) used in Electric Vehicle (EV) motors and wind turbines.

Industry Focus: You can track the broader development of this region on the Brazilian Rare Earths investor hub, or read regulatory updates regarding this geological region via the Atlas Critical Minerals Technical Report.

And Rare Earths, find some of those and it'll blow the lid.

I'll make this as simple as I can!

1) Consolidation DOES NOT change the value of your holding.

2) What has reduced the value of your holding is the dilution from the fund raise.

"Scientists create global treasure map pointing to hidden rare earth deposits"

https://www.sciencedaily.com/releases/2026/05/260525000450.htm

The study itself is here. Look at figure 1, look at the right side of Brazil, we are right in the blue and purple zone of Rare Earth prospectivety. Rare Earths are often found with Graphite, I'm sure they will be looking for these.

https://www.nature.com/articles/s41561-026-01990-7

Future Exploration Programme

The Company intends to develop the Project through the following work programme:

· Integration of surface mapping with available aero geophysical data from the Geological Survey of Brazil, (CPRM) and the Bahia Mineral Research Company (CBPM)

· Surface mapping of Tenement No. 870.511/2019

· Bulk sampling for metallurgical testing

· Conducting 10km of ground geophysics (IP) to test the Baixa do Barreiro ore zone at depth

· Excavating 2,000 meters of trenches over the Baixa do Barreiro and Mastruz targets

· Geological mapping of Tenement No. 870.511/2019 and preliminary investigations of satellite targets in Tenement No. 870.512/2019, within the proposed exploration footprint for graphite

Background to the Acquisition

The target of the Acquisition, São Gabriel Mineração LTDA. is a Brazilian company, incorporated on 14 July 2022, focused on developing the Macaubas graphite project in Brazil.

SGM holds two exploration licences and has, to date, undertaken early-stage exploration work that has proven the presence of graphite mineralisation at the Project. SGM is now seeking to develop the Project through further exploration work at the Tenements to establish both the extent of graphite mineralization at the Project and an initial mineral resource which will provide the basis for an application to convert the exploration licences into mining concessions. The Project shows robust preliminary exploration results, that underpin the Company's plans to complete more extensive exploration work with a view to applying for the conversion of the existing exploration licences to mining licences.

The Company believes that, subject to completion of this further exploration work, there is the potential to establish a mineral resource and increase grade, with mineralised material that exhibits excellent characteristics that can demand superior prices within the marketplace. The key deposit characteristics are highlighted below:

· Located in one of the highest quality, prospective graphite regions in the world with a strong mining heritage

· Shallow, friable material that can be mined without explosives and minimal crushing

· The deposit has the potential to host high quality, large flake graphite mineralisation

· Favorable logistics and infrastructure

· Large, quality geological targets identified to establish a maiden resource and improve overall average grade

The Project consists of two Tenements, namely exploration licences 870.511/2019 and 870.512/2019, covering an aggregate of 2,805.82 hectares, located approximately 35 km from the town of Macaubas along the BA-573 road towards the village of Pajeú. in Bahia state, Brazil.

Background to the Acquisition

The target of the Acquisition, São Gabriel Mineração LTDA. is a Brazilian company, incorporated on 14 July 2022, focused on developing the Macaubas graphite project in Brazil.

SGM holds two exploration licences and has, to date, undertaken early-stage exploration work that has proven the presence of graphite mineralisation at the Project. SGM is now seeking to develop the Project through further exploration work at the Tenements to establish both the extent of graphite mineralization at the Project and an initial mineral resource which will provide the basis for an application to convert the exploration licences into mining concessions. The Project shows robust preliminary exploration results, that underpin the Company's plans to complete more extensive exploration work with a view to applying for the conversion of the existing exploration licences to mining licences.

The Company believes that, subject to completion of this further exploration work, there is the potential to establish a mineral resource and increase grade, with mineralised material that exhibits excellent characteristics that can demand superior prices within the marketplace. The key deposit characteristics are highlighted below:

· Located in one of the highest quality, prospective graphite regions in the world with a strong mining heritage

· Shallow, friable material that can be mined without explosives and minimal crushing

· The deposit has the potential to host high quality, large flake graphite mineralisation

· Favorable logistics and infrastructure

· Large, quality geological targets identified to establish a maiden resource and improve overall average grade

The Project consists of two Tenements, namely exploration licences 870.511/2019 and 870.512/2019, covering an aggregate of 2,805.82 hectares, located approximately 35 km from the town of Macaubas along the BA-573 road towards the village of Pajeú. in Bahia state, Brazil.

I can't wait to see how bad it is in Ireland, as their prices were already crazy high. From the UK news:

"Household energy prices will rise by 13% a year in July, as soaring wholesale costs caused by the US-Israel war with Iran hit bills for the first time."

"Regulator Ofgem says the war means a household using a typical amount of gas and electricity will pay £221 more a year, with an annual bill of £1,862."

"The cap affects millions of homes on variable tariffs in England, Scotland and Wales, and suppliers are warning it could go even higher in the colder winter months without an end to the conflict."

https://www.bbc.co.uk/news/articles/ce8pw464986o

Another price hike for Ireland will put more pressure on Government to use its own resources such as Barryroe.

I think it's highly encouraging that the existing owners put £450,000 into the fund raise. That shows how much they believe in the project and upside and, they are the ones with the inside information. That's 23.68% of the fund raise.

"The Placing will fund the next phase of exploration at Macaubas and it was pleasing to see that the vending shareholders within SGM, have committed an additional £450,000 in the Placing to help fund this next phase."

My 10m buy has finally appeared, showing as neither a buy nor a sell, but it's a buy as stated when I pressed the buy button!

27-May-26

09:47:09

0.1438

10,000,000

Unknown*

£14.38k

All you need to know is "The Enlarged Group will receive approximately £1.1 million of net proceeds from the Fundraise (after deducting commissions and other expenses related to the AIM readmission of approximately £0.8 million)."

No need to overthink it 🤓

The new discussion board is at:

https://www.lse.co.uk/ShareChat.html?ShareTicker=LRES&share=Lansdowne-Oil