Member Info for EarEyeAm

"Market capitalisation of the Company on Admission: £2.64m"

That's 'cash shell' money. It should be 3-4x that minimum for the new business. Should go well on the first day of dealings.

Schedule 1 Update RNS out (not showing on here)

See here:

https://www.investegate.co.uk/announcement/rns/lansdowne-oil-gas--logp/schedule-one-update-lansdowne-oil-and-gas-plc/9568957

"Lansdowne Resources is a mineral exploration and development company focused on identifying, acquiring, and advancing high-quality mineral assets. The Company's principal asset is São Gabriel Mineração Ltda ("Sao Gabriel Mining") in Brazil, which provides exposure to critical minerals with significant exploration and resource growth potential."

That should pique market interest on relisting, just the mention of CRITICAL MINERALS, it's a hot subsector of Mining, there's Funds set up just to invest in these critical minerals, many investors that are focused on anything to do with critical minerals.

"Private Equity: Large players like Orion Resource Partners and InfraVia operate multi-billion-dollar funds focused exclusively on battery metals, infrastructure, and supply-chain resilience."

"Exchange-Traded Funds (ETFs): For retail or institutional investors, ETFs offer a liquid way to gain diversified exposure. Major funds include the Sprott Critical Materials ETF (SETM), the Sprott Uranium Miners ETF (URNM), and the VanEck Rare Earth and Strategic Metals ETF (REMX)."

My two previous posts, clearly that more cut and paste ..... from my brain cells!

Meanwhile certain people on here continue to try and talk it down, failing miserably to affect the price with their negative spin.

Watch out for those posting negatively day after day, multiple times a day, it makes no sense to talk down a stock you supposedly hold, let alone one where negativity is irrelevant, because the deal with Zhejiang has been signed, we either get that or we get a better offer from someone else.

Negative posts, especially day after day, are pointless unless someone has an agenda to try and keep the price down for their own benefit, so either shorting it, wanting to buy more for the 16% upside, working for Zhejiang while they accumulate sold stock, or work for a Hedge Fund that's hoovering up the sold stock for the 16% upside.

Wise man say, don't be fooled by wolf in sheep's clothing.

We've had the share price flat line for 4 consecutive days after the day of the bid announcement. I said that the sells weren't affecting the price, therefore someone must have agreed with the Market Makers to take any stock that wasn't taken by other investors. It could be Zhejiang or Hedge Funds taking all the loose stock, but it was going somewhere.

Earlier today you could sell for as low as 16.15p, same as most of the last week.

But now you can sell for 16.4p, so what I would say is that all of the cheap stock has been squeezed out of the market and passed along to Zhejiang or Hedge Funds and there not much juice coming from the squeeze, so the Market Makers have walked the price up a little to get the next batch of juice at the 16.4p level.

Thanks PGee!

These links are global websites.

https://www.offshore-energy.biz/ireland-hit-with-multimillion-dollar-arbitration-claim-over-oil-gas-project/

https://www.energy-pedia.com/news/ireland/lansdowne-oil-gas-provides-update-on-energy-charter-treaty-(ect)-arbitration-claim-203867

https://global.morningstar.com/en-gb/news/alliance-news/1778507442847545600/icsid-registers-lansdowne-oil-gas-ireland-arbitration-request

https://globalarbitrationreview.com/article/uk-company-files-long-threatened-ect-claim-against-ireland

Some may remember that following Ratification a few people including myself pointed to zero interviews and complete silence after what was the biggest event in the history of this company, getting Ratification, the final hurdle that took 2 years to get over, the hurdle that once cleared gave the company a ready to build Mine, something that should attract bids.

I suggested the silence was a communications blackout because they were in takeover talks and didn't want to risk anything slipping out, low and behold a few weeks later we get a takeover agreement.

The silence again smells of more takeover talks. Why? Because the company has nothing now to lose to do interviews to explain to the market the benefits of the deal and why it's worth holding the stock for the upside from selling now at 16.1p to 16.25p to taking the offer at 18.8p. Interviews with the likes of Proactive Investors or with the Broker Analysts would never ask "are you embarrassed you've had to accept this low offer when everyone else thinks, from what the DFS says and what you've said, that it's worth a lot more", so they have no reason to shy away from such interviews.

The fact they've not done a single interview when nearly every other company does after such an event, smells like the communications blackout is still in place, potentially whilst other offers are arriving, due diligence on other offers progresses and discussions take place. We know it takes 4-8 weeks for offers to progress from arriving in the post to being announced, so just grab some popcorn and sit back.

The likes of CATL or BYD should want this. Someone posted about the new guy at CATL a couple of weeks back, a guy that has a big history of acquisitions of mines and exploration licenses, worth reading (or re-reading), link below.

https://www.lse.co.uk/ShareChat.html?ShareTicker=ALL&share=Atlantic-Lithium&thread=D92E429E-D6DB-4D07-8A6E-4810EFDD7E54

In any scenario where you personally lost money because someone else changed their mind on something they promised you, it's a dead cert that you would want back every penny you lost. Would you accept 30% of what you lost, allowing them to get away with losing 70% of your costs, not a hope in hell you'd accept that.

This is no different, it's our money that was lost.

There's no basis for settling at $30m. The external loss adjusters and accountants have calculated a MINIMUM $100m LOSS.

That's not a number plucked from the air as if to say "we think we can get this much out of Ireland", it's tangible figures based on known metrics and facts, it's not something LOGP Directors have calculated, the calculations were done by independent analysts that told us how much we had lost and how much we could rightfully claim for as fact.

Early settlement needs to be that minimum $100m because it is a fact that we have lost that much money due to the decisions of the Irish Government.

What Ireland saves is any increase the ICSID could award, including $30-$35m in interest, Punitive Damages for the way Ireland treated LOGP over several years, plus not having the extremely bad publicity globally of having a large ICSID claim awarded against the country.

The flat line is actually getting flatter as the days go on. The trolls like Coiloil must be fuming that they can't push the price down, no wonder they keep coming back here with more baseless BS to try and make people sell out.

It as obvious as a slap round the face with a wet fish that any sold stock is going somewhere, Zhejiang, Hedge Funds, somewhere.

See the highs and lows narrowing at https://ibb.co/6cL7Qcwn

Lots of green lines .., of zero credibility trolling I'm guessing. Not my monkey's, not my problem.

I think an early settlement would be at a discount. How big a discount do you accept for payment now, rather than waiting for an ICSID claim, plus the uncertainty that you don't know if you'll win or how much the ICSID would award?

I think I'd accept the $100m and let them off the interest. $100m is how much we've lost, so to me that's the non-negotiable.

From the main page of the new website, just what I was saying.

"On‑demand hydrogen and zero‑emission power when you need it"

Click on the name of Coiloil, look at when they joined and their posting history. Zero credibility, end of.

If Government settles now, it will be a lower fee because there's still a lot of work to do going back and forth with ICSID as each party sends in its claims, counterclaims, valuations, other evidence, etc. The lawyers will be on hundreds of pounds per hour, potentially even into the thousand plus, it soon adds up, that's why LOGP have allowed $30-$40m to go on costs if the case runs it's course.

It's because AFC Energy stands for Alkaline Fuel Cell Energy.

That's no longer appears to be the system being sold, let alone the business, which is now Ammonia to Hydrogen, coupled with Hydrogen to Fuel Cell. The Ammonia to Hydrogen is going to be way bigger than the Fuel Cells

H-Power means Hydrogen and Power, which are the two branches of the company.

H-Power makes far more sense for the current business than AFC Energy.

Ah, typo spotted, it should say:

"at least $100m' plus interest compounded monthly."

Makeabundle,

Just looking at the exchange rate, it's £1 = $1.35 = €1.15

My example corrected to Dollars is $135m ICSID award, based on 'at least €100m' plus interest compounded monthly.

That equals:

$135m

£100m

€115m

"Lansdowne's share of the recovered proceeds is expected to be between 60% and 70%."

Let's say 65%, right in the middle.

"Bonus Issue of Preference Shares carrying rights to Legal Claim in order to ringfence the majority (approximately 80%) of any potential net award for existing shareholders and CLN holders"

80% of 65 is 52

52% of £100m is £52m

My back of a cigarette packet calculation was for £50m as below. I guess the quick calculation wasn't far off after all.

The number of shares in issue pre consolidation will be 1,773,618,335. This is based on "Assuming the Share Consolidation proceeds, the number of New Ordinary Shares in issue immediately following the Share Consolidation would be 354,723,667."

So if you hold 1m shares today and existing shareholders get a share of £50m, you'd get £50m / 1,773,618,335 x 1m = £28,190.96

Confirmation calculation!

After consolidation, 1m / 5 = 200,000

£50m / 354,723,667 x 200,000 = £28,190.96

"Lithium carbonate prices in China rose past $195,000 per tonne in May, the highest in nearly three years, amid evidence of strong demand and supply tightness."

Check out the chart at:

https://tradingeconomics.com/commodity/lithium