Member Info for Fellwanderer

Nice to see Ed Millipede getting hammered by Jim Ratcliffe in the Telegraph today regarding his attitude towards North Sea Oil & Gas exploration. As Sir Jim says, Iran should be a wake-up call for our own energy security.

Nice to see Ed Millipede getting hammered by Jim Ratcliffe in the Telegraph today regarding his attitude towards North Sea Oil & Gas exploration. As Sir Jim says, Iran should be a wake-up call for our own energy security

We’ve still got the Warrants at a great strike price 👌

20,000,000 Warrants at an exercise price of 6p is not to be sneezed at 💪, especially as the current SP is nearly 15p.

Coincidentally, that equates to £1.2m - the amount Met1 has realised in the last 6 weeks from their partial sales.

We still have a 6.3% holding and 20m warrants, so all good for us

Predictably it didn’t last long 😩

Lol 👌

Cheers Chilli. Thanks for sharing as always 👌

Fell

It’s important to remember that on 27th Jan Met1 realised £745,000 of profit by selling a tranche of Cleantech shares and has now realised £450,000 from a partial sale of its holding in Fulcrum, so £1.2m in 6 weeks. I can’t remember what Met1’s monthly cash burn is, but I’m happy with the strategy of releasing profit for expenditur, albeit a modest figure recently. Prudent financial management

LTI - yes I agree, it was more the fact that Dan was sounding excited about the future opportunity with Fulcrum and reducing the holding at the same time !

I love it how Dan says “We are pleased with the progress Fulcrum is making in advancing its projects in Canada. After releasing some profit to satisfy market demand, Metals One retains significant upside exposure to the opportunity in Fulcrum” when they keep reducing their holding 🤨

Can’t see a TR1 RNS Andy, or are you talking about what you expect to see coming ?

Broken Britain I’m afraid Trek. Roads full of potholes as there’s seems to be little provision for long-term maintenance and resurfacing another example. We just seem to adopt an attitude of “we’ll fix it when it breaks”.

I’d like to add my thanks Chilli. You’ve spent some time and effort there giving a really good summary and reminder for current and prospective investors of what Met1 is about and the future potential. I have been adding when funds permit and will continue to do so, as there’s so much potential. A slow and steady rise in SP is the best outcome as their plays pay off and revenue comes in. Good luck all, whatever your strategy. Fell

Are you sure you should be trading Selpec ? You do seem to come out with some odd statements….

Wish I had another £35k spare myself at the moment

Hopefully very soon - Ed Miliband needs a good news story at the moment !

Wrong BB UCash ………

Agree EB, just need to get this project off the ground and pronto…

Dogsy, I think the SP will only start to move significantly when revenue starts coming in, which will increase the NAV. Investors lost trust in Met1 last year and now that trust has to be earned back. I think it will come, which is why I’m invested.