Member Info for Fellwanderer

Santiago, you’ve had more handles than I can shake a stick at. Please go and join Jaglith

What a great RNS this morning. Overslept and just logged on 😂

Hopefully a sign of confidence returning 🤞

Jag, the SP has seen nearly a 100% uplift from where it was three weeks ago.

Fell

Going in the right direction …

Let’s hope we hear something soon. Meanwhile at these levels I think EPP has buy written all over it. The ducks are lining up 🦆 🦆 🦆

Andy, what a breath of fresh air, thank you for your post chap.

Yes, one of hopefully many positive RNS to start the year off.

“ Strategic Project designation would provide several key advantages that could aid in the project's development and long-term success, including but not limited to enhanced access to project financing, including eligibility for funding from EU programmes, and streamlined permitting processes “

Like the bit about enhanced access to project financing 👍

GLA Fell

I shall be voting ‘for’ , mainly in recognition of the following paragraph in the letter to shareholders :-

In January 2024, the Company established an Employee Benefit Trust to retain and incentivise management and key personnel. As projects move toward development and as we expect to make key hires during the year, this structure will enable Metals One to align equity and cash incentives with clearly defined milestones. To support this strategy, and to recruit, retain, and motivate the people required to maximise the value of our opportunities for shareholders, the Board is seeking shareholder approval for the issue of Ordinary Shares to the Employee Benefit Trust.

I appreciate that many shareholders out there are nursing losses from a period last year before I started investing in Met1, so this will for many be an emotive vote. However, as Anxiety has asked, I thought I would give my thoughts.

GLA, whichever way you vote.

Fell

Jaglith, you’re like a broken record, please desist.

Acker, thank you for that reply @ 13:16 - it is a succinct summary of before and after Hill. Move on folks, it serves no purpose to look backwards.

Fell

A good sign, even thought volumes are still low at present

Hi LTI. Sorry, misread the RNS, you are correct in the unaudited statement

Key takeaways from today’s RNS for me which I like:-

~ The Company's risk is spread across an expanded geographical footprint, with a clear strategic focus on precious metals and metals to support the energy transition.

~ Strategy provides flexibility, liquidity, and, where appropriate, mark-to-market valuation transparency as the mining sector moves toward what many believe could be a new demand-driven supercycle. This potential supercycle is expected to be fuelled by unprecedented demand for metals such as copper, lithium, and nickel, driven by electrification, renewable energy, electric vehicles, and AI-enabled infrastructure. Metals One has exposure to all these commodities and more.

~ The most significant development within the Metals One portfolio, and our greatest source of exposure to potential near-term value creation, lies in the opportunity to rapidly establish a vertically integrated gold company in South Africa alongside an exceptionally experienced management team, including the former CEO of a major South African gold miner. Our investments in the two Lions Bay entities, through a combination of equity and loans, place Metals One at the centre of this compelling strategy.

~ We have refreshed the Company's governance framework to ensure best practice, including the renewal and strengthening of Board committees, positioning Metals One for disciplined growth, robust oversight, and long-term value creation.

Hi Anxiety. I’m perhaps looking from the perspective of an investor who only started investing in Met1 after the disastrous collapse in the SP last year, largely due to over-ramping of the share. I’m happy with my investment from the lows I started with and will be adding. RNS issued will lead to a bit of dilution, however the current market cap is around 30% lower than the companies worth (Cash plus audited asset value). So, on balance given the future potential with their commodity plays and near-term value with the investments in Lions Bay, I think this is a really attractive entry point for long-term investors, which thankfully I can afford to be. I’m in and holding

…wouldn’t be surprised…that should have read 😉

Nice to see 2 on the Bid now at 0.045 - should see a transfer of shares from the weak (or fatigued to put a kinder spin on it) to the brave. Hold for Gold, it’s coming and I would be surprised if it was this week 🤞

I think we will get there Anxiety. It takes a while to turn an Oil tanker round, but it’s happening over at PREM and it will happen here IMO

We only need that RNS telling us the financing is sorted and this will be ⬆️ of 0.1 easily (and long overdue)

Buys v Sells a 10:1 ratio

The key factor for me is the glaring fact which Acker and others have already mentioned and that is that the huge surge in Spodumene prices recently makes the likelihood of financing and success even more probable and I think why we are seeing some good buying volume picking up now in anticipation. Glad I invested another £20k in the New Year