Member Info for Feeks

Some of us who have been here a very long time will know that TerrorWit (a.k.a Terry) is a chameleon who used to go by the name of NigWit, and there was one other handle he used which I have now forgotten. He became a Nanoco poster boy around the time of the Samsung litigation. Thought he knew best, apparently. I'm guessing he's been suckered by getting too close.

I won't comment on the rest but Terry did once reveal his real identity and it appears he's learned nothing.

Terry, I don't need to be a fortune teller. Just read the RNS! can confidently predict that your investment in Nanoco will turn zero.

Kooba is right.... "Cash flow breakeven aim 2027 to medium term is a big change …and that is very material in the cash runway and delisting moves."

The proposed delisting shouldn't rationally be read as a positive move. Its a last desperate bid to keep the lights on whilst allowing Directors to spend the last of the loot whatever the final outcome (and this is very high risk territory on any sensible analysis). We are taking about a company that will very likely run out of cash before investors ever make an investment return. Voting no is the best way for investors to realise something

Terry

The second JDA is moons away from leading to meaningful commercialisation.... and you will.be diluted into oblivion in any event. The capital funding required will be very high

No conspiracy theory required, Terry. It's a failing business and Directors generally enjoy being paid whatever

Terry -

They are fair and prudent assumptions to make if you value your own capital. Rule no.1 for a successful investment strategy

"The company said it was discussing a potential extension to the second JDA. It has not announced an extension, but neither has it announced a termination."

Terry, what have you learnt about this way of interpreting official company RNS in the past? Please don't tell me the history is irrelevant when this company is in such a mess

(Milkwood) "A few years ago they mounted that campaign to oust board members, return surplus cash to shareholders, and convert Nanoco into a cash-shell. Pretty much what many of us have been suggesting.

Over time they were proven utterly correct. With other major shareholders fast disappearing, this is a dream scenario for them to act out their plan"

I was all in favour of that in the time, as I felt the Board could no longer be trusted, but I chose to sell out instead, in fact long before this event. There is no logic in following the Board's plan this time either. The execution of Milkwood's plan will come a bit late but its the best opportunity for shareholders. The prospects are grim

Https://www.linkedin.com/safety/go/?url=https%3A%2F%2Flnkd%2Ein%2Fe8vfBsG2&urlhash=mrDV&mt=j14I5vtPu7okF3zyefW50Q-GoZFu1BUJcuCaz93_YVN-ttka2K_B8hHtraZthqkKXmFY9uSA-kxUyRitgsamda44ZgjfRBCRvL1G1mmqlFrsZsjnPaS8Bd4H&isSdui=true

Binding Solutions FOAK Project Update, Supply and Offtake MoUs

04.06.2026

London/Teesside 04 June 2026: Binding Solutions Limited (“BSL” or “the Company”) is pleased to provide an update on its First-of-a-Kind (“FOAK”) Cold Agglomerated Pellet (“CAP”) plant.

Following strong demand from iron ore producers and steel makers, BSL confirms that it has secured Memorandums of Understanding (“MoUs”) covering 2 million tonnes of iron ore supply and 2 million tonnes of pellet offtake, exceeding the capacity of its proposed 360,000 tonnes per annum FOAK commercial plant. These agreements illustrate the compelling opportunity BSL’s flexible, low capex and modular technology represents for some of the world’s leading players in the iron ore and steel markets.

The Company is continuing to advance its FOAK plant design ahead of a final investment decision in 2027.

The FOAK plant will combine BSL’s proprietary processing and binder technology with proven, industry-standard equipment to produce low-emission CAPs at temperatures below 150°C, delivering energy and emissions savings of over 80%.

BSL’s commercially competitive CAPs can be designed for a variety of iron ore types and are made for seamless integration into both blast furnace and direct reduction steel making, supporting the transition to more sustainable steel production while ensuring supply chain security.

Jon Stewart, CEO of Binding Solutions, said:

“We are delighted with the high level of interest we have received from major iron ore and steel producers looking to participate in our FOAK project. Securing MoUs covering ore supplies and CAP offtakes which exceed our planned capacity is a strong indicator of the compelling technology offer we have developed.

“This is an important step forward as we move towards commercial scale production of our CAPs, which have the potential to play an important role in the journey to a greener steel industry.”

It's a life ring, whatever you say. I intend to grab it with both hands.

Hi Stonedrose,

I have not changed my mind, sitting fairly comfortably as we wait. The recent fundraise adds a level of financial security in case the RAM deal falls through, although RAM may still be entitled to their $1.5m break fee, which would reduce the company's available cash balance. The action group adds a large degree of uncertainty, however, and I have little idea of how it will pan out. I would expect some share price volatility. It woukd be helpful if ExT and others were to spell out exactly what outcome they are seeking - a mandatory offer under the takeover Code would seems possible, for example, if it is proven there is more to the concert party than we knrw as Ex trader believes. That may allow shareholders to sell out at around 11p - and so it is tempting me to buy more shares at sub 5p level. So, I think this action could produce a beneficial result, creating a chance to sell out at a higher price before the share price crashes (and there may be market protections to prevent this from happening if the regulators get involved) but overall I would be much happier to see the RAM deal voted through as I would like the chance to realise a much bigger gain over the longer term with construction funding being secured through positioning of the RAM entity

Distribute the cash and fold the business would be the honourable thing to do. Directors choice is to go private and spend it on themselves.

Leafie are you Laura2022...?

Terry

How can you possibly fail to infer a negative from the one and only Mr Nigel Pickett's decision to sell up. Your viewpoints are beyond a joke. AI is not helping you.....

Free buffet for everyone at this share price. I make it very short odds of a quick double ! (minimum)

"Terrorwit are you on the board 🤦‍♂️😂"

Would explain the permanent nosedive in fortunes.

Nigwit/ Terry/ TW is something of a marvel. One must assume he is way to close to the company

Another super set of results from a well run growth company. Long term hold for me. Well done Justin Waite for bringing this one to my attention in the first place

That's a very good series of posts GrdianAngel. Thanks

No Bunsen, that's not what I said.