Member Info for Early_Bird

Care to see the latest MET1?

Perhaps a lesson for you to be a bit more objective about your posting. Seems you are constantly trying to warp things to fit the narrative you want. Cheers

Rach, there are zero legal consequences from breaking a non binding lock in gentleman's agreement. Hope this makes sense to you.

MET1 clearly not very bright, you just have to read their RNSs, they had no lawyer involved.

Rach, there is no legal obligation for 80M to not sell, you do realise? The RNS you refer to is a gentlemans agreement. More often than it these agreements are not adhered to... So 80M would be mad not to be cashing un their stake right now. So what if they fall out with MET1 management.

😂 that reads about as watertight as a gentlemans agreement

The Bluejay Consideration Shares are subject to a restriction on sale for a period of 12 months from Admission ("First Period") and are also subject to an orderly market provision for a further period of 12 months following the First Period ("Second Period"). Any other new Ordinary Shares issued to Bluejay, such as the Bluejay Conversion Shares, the Bluejay Deferred Consideration Shares or shares from the exercise of the Warrants will potentially be subject to the aforementioned sale restriction or orderly market period, depending on when such shares are issued.

Black and white.. July 2023

Following Metals One's admission to AIM, Bluejay, having divested the Black Schist project to Metals One, will receive over £4 million in cash and ordinary shares of Metals One ("Ordinary Shares"), including deferred consideration and warrants, subject to certain conditions being satisfied. Bluejay will own c. 29% of the issued ordinary share capital of Metals One upon admission of Metals One to the AIM market ("Admission").

Further details of the consideration to be received by Bluejay are set out below:

· 62,500,000 new Ordinary Shares will be issued to Bluejay on Admission ("Bluejay Consideration Shares");

· £150,000 cash will be payable within eighteen months and one day of Admission. Should the Company elect not to make the cash payment by the due date, Bluejay will be issued with 3,000,000 new Ordinary Shares ("Bluejay Conversion Shares);

· A further 20,000,000 new Ordinary Shares will be issued to Bluejay at any time that the issue of such shares would not cause Bluejay's interest in the voting rights of 29.99 per cent. or more of the voting rights of the Company ("Bluejay Deferred Consideration Shares");

· A warrant over 7,500,000 new Ordinary Shares are to be issued to Bluejay at an exercise price of £0.05 exercisable for a period of 5 years from Admission ("Warrants");

For the majority of 80M shares.. as they were issued tons of them plus warrants a few years ago

https://www.londonstockexchange.com/news-article/80M/metals-one-trading-on-aim/16062772

12month lock in expired many moons ago so theyre free to sell and the subsequent an "orderly market" lock in is basically not a lock in given the share price move. The latest set of conversion shares (10%) are the only ones still with a lock in attached and thats 6months from April

If you want bags then start mopping up UK listed AIM and Aquis shares. Best value vs rest of the world right now

= buy op

BTC looking primed for a big breakout move soon to 135k area... if so I see TIR 0.2+...

Which gives 8.5x upside here just to meet parity....

Sorry I stand corrected. WeCap have 5,179,090 eq shares in WeShop. So that means if the £6.19 share price on the WeShop website is correct then the read across value is £32m vs £3.8m cap

Yes, £100m of revenue in the UK alone and set to roll out in to the US could be in the £billions of revenue in the next year or two if the idea really takes off.

Key here for WeCap shareholders is youre effectively owning a slice of £24.6m equity valuation (as per previous update - https://t.co/upqT7vkb9t) in WeShop for a Market Cap of £3.8m.... thats an insane disconnect.

Interestingly its worth noting on the WeShop website the share price they list is now £6.19 which gives a read across value to Wecaps stake of £27m....

Yet will sell you loads. Tick the bid up and allow a market! Company should have words

See this one building from here

80M own 30% which equates to £5m. Thats half the current market cap alone!

Extremely undervalued here. This recent interview well worth a listen:

https://www.youtube.com/watch?v=HGLMGm0zyEU&t=1s

Market yet to grasp the significance of the recent Jameson deal

80M retain a 30%+ free carry. Podcast states drilling cost is c$30m which is multiples of current Mcap

80M only paid £2.7m for the asset...

80M now have over £3m equity there... totally unfactored by the market

HarChris you're in correct. Any material investment would have to be RNSd.

Quite right they didn't spend a penny on those Arok tokens.

Still got the £3m war chest so it seems odd that sellers are taking it below current cash levels. A drop in crypto world could be a good thing here in the long run as more firepower to mop up cheap deals

Given they've only spent £250k to date. Seems odd the selling. Short sighted and I think they'll be regretting it

Will it be a 27% shareholder after the new shares from the disposal of Finland assets are admitted?