Member Info for Fozdog

Did they find any firefighters for the burning down of the sp?!

The tg allowed people with negative opinions to be removed. They are prob still going on about believing the business and sp doesn’t matter (which Ofc it does).

Wonder what the t&cs are with Leinster as that’s worth much more than tm1 now.

The tg group and worst of them all likes of riz was telling people to borrow and get friends and family in at multiples times this sp.

There’s been some warnings, none heeded it’s a complete punt at this level whatever you think of the business.

Aj, end of march interim results they stated “ The latest iteration of the prospectus was submitted to FCA recently and a further draft expected to be submitted next month. Consequently, the Company expects that the prospectus will be circulated for shareholder approval in Q2 2024.”

Think everyone can rightly expect news in June, whether it’s confirmation & shareholder sign off or delays.

I’d imagine delays would be addressed earlier than end of June.

This a stated rns, wether you like or dislike this company this is the only thing either side can’t disagree on ie news should be coming June.

How do you lot have the amount of time to post on this so much day to day?!

Literally why not just ignore it, aj been bang on price movement. I disagree with him on 0p but he’s wound you lot up so easily with it!

Just ignore, have a view, be in the position & get over it!

I’m still laughing that the resident clown aka riz aka flypanam on here coming in when it was up 15% and that barely covers bid / offer!!! Says nothing as it’s ticked back down lol!

Like who cares, why are you watching tick for tick?! This is the same riz/flypanam that told people to “borrow of friends and family” and exercise warrants at 1.2p to give the company money when the stock was trading way below that.

The worst of the worst in my view.

Putting Rto to one side, what’s really quite disturbing is the cash burn and lack of commentary.

You are obligated to release news with a material change in the business and imo there has been a material change.

They appear to be blowing through cash quicker than we’ve seen, so there is something that needs addressing.

Rto also needs addressing even if it’s simply delays, however if not said anything on that matter you have to assume no change or the company would have been obligated to update. Not that they’ve got a good track record of doing right thing regarding news…

Still think the backdrop of crml makes it easy to say pointless selling.

It’s coming together (finally) quite nicely if something expected in the works.

Am of the opinion that trump will create trade wars for eu, post the tariffs with eu and china, Eu needs its own dependency.

Similar to Cornish lithium for the uk, this could be the pick of the bunch for the eu.

Nice to see John and mr c still around!

Hi Artic yep it was utterly shameful, they tried telling everyone to execute at 1.2p warrants to give the company money even when the sp was below 1.2!!!

I believe it’s the one under flypanam on here.

Keith the leader that removed anyone that said anything negative in this telegram group is seagulls fan I think.

I dont have a problem with people ramping or deramping, making mistakes on views, getting a few things wrong or having a view but telling people to borrow to fund this and get all their family and friends in was disgraceful.

I also couldn’t care less about the telegram group but just thought that was shameful.

Can’t keep posting nothing has really changed when it has.

Rto delays and no one is the wiser, that’s been a categorical change. Still huge uncertainty.

Significant Drawdowns and cash burn more than anyone anticipated, expected or were even indicated.

Selling Leinster which tbh if you look at sp of crml is worth more than tm1 right now.

Aj also whilst this might not been signed yet they have still indicated a $10mn value in shares, you have no idea the future sp of crml so even if we end up as a shell company with that, saying 0p is a bit nonchalant.

They’ve lost trust with a lot of their shareholders so any placing seems unviable.

Knew it was smelly the moment they tried to get the warrant holders that had expired to execute at 1.2p.

The one that telegram board was telling people to execute and go borrow off family and friends and tell them to do same on! Disgraceful.

0 update on gate fees, no income to report with increased cash burn. Clearly much more capital intensive than anyone realised.

People saying we’re “too early” which is an bit of a cop out. “Oh I was right we were just too early”…. If that was the case Slow down the cash burn and the business completely. Don’t have the ability to do that.

People’s targets are much lower, that’s changed so the upside technical picture and demand to buy stock here has materially changed.

I’m not sure how anyone short, long or indifferent can paint any of this today nor at minimum the last 6 months sp performance, business performance or even dialogue with investors as positive.

Blindly throwing out comments about “news” is getting tiresome, whatever is going on in the background with sp movements etc the reality is the price is a lot lower. Any long term holder should not be naively thinking that rto or news is going to change everything, there’s a huge path post that.

Chain, I would rather take every angle of posts and ascertain my take post that. Aj was right twice on the move down, he might be calling for 0p but think that’s just in petulance to the grief he’s got on here.

His call has been much better than plenty rampers, I mean imagine being one of the telegram group telling people to go borrow of friends and family and get them to buy stock when price was 1.2p? Thats scandalous imo.

Aj I actually disagree with you here but also thank you for posts re targets as helped me get comfortable with a bottom level for range.

Terms of agreement and proposed is irrelevant starts that way regardless with every company & asset like this.

Shares in escrow no issue at all, I actually think solidifying a price for an “asset” is positive. It’s not a core business and exploration companies been getting absolutely smashed.

Bradda head for eg has massive reserves in Arizona and market cap is £6bn.

I never wanted to have to go down route or exploration and if you look at eu they apparently get 87% of their lithium from Australia. The backer here behind European lithium has deep enough pockets and there’s a good chance the eu finally pulls finger out to make these companies viable in period by march 25.

This backer won’t want a puke of shares next year, so I’m pretty positive on valuation and asset.

We’re still in same boat this isn’t going anywhere till we see earnings, been said for months and months. No blind faith from the telegram lot will change that.

I’m pretty comfortable on overall level now and upside from here, will it mean a pop up gets some into on news like yday? Absolutely still some risk to clear but pretty confident about having cash through to march 25 and clearing atlas.

Aj, couple qs

1 - getting a financing package sorted was one of the issues re recycling. That satisfies that no?

2 - as you said terms not divulged, I’d imagine there was a pretty strong statement regarding this. I’d also imagine the previous facility would have been in breach from what iv read. Do you not think they’ve established something that doesn’t allow them to sell below a certain level and prevent another death spiral?

Nice to see this board is as pleasant as ever!

Not sure why ajs getting a load of grief and attacked he called the 0.65 didn’t he and it hit there?

More than pretty much 99% of those predicting sp targets here and telegram!!

Telegram haven’t been right at all, they’ve consistently been wrong on sp predictions, news flow, timing you name it!

Everyone is allowed to have a view and In fairness to some of them on there they’ve stuck to it!

In fairness to aj he called a death spiral to 0.65, it occurred, so I don’t see what issue is?

However will point out on both sides why are we due an rns due to a perceived leak? What happens if they are negotiating funding and can’t put an rns out yet? Or sorting a settlement ?

You can’t just rns on everything that’s a perceived leak!!

Should say trying to get me to execute warrants which I rightly didn’t

I don’t really get the reference to “news” all the time, as the sole saviour.

Most the news we’ve seen has bounced then just rotted the sp by some other “news” such as news on drawing down more cash!

Plus pretty much more and more pis sounding like they are maxed out here which doesn’t bode amazingly well for sp performance!

I am questioning the cash burn here, maybe it needs to be accelerated right now, is there something missing with lead times, storage, shipping? Until I know more I’m less comfortable than had been.

What I inherently dislike and this is solely my personal view the management team tried pulling a fast one on me getting me and others to execute my warrants at a lower price as they were desperate for cash.

Has left a bitter taste for me, and it’s how I view it before anyone argues differently. My view on that won’t change.

Again we can all say there’s most of positives to come and the sp will most likely react v positively if they meet expectations.

But my view on the longer term pay off profile is inherently worse than it previously was.

You should prob check your accusations if want to be factual I never accused you of advising anyone and merely said “if” that’s been case in telegram group it’s scandalous.

Back to the childish retorts “go work for the sun” jeez…

Chartist can use charts for penny shares but again not sure where in my post was referencing tm1? Merely pointed out you have technical reasons as well as fundamental.

However what you have pointed out and is worrying as it makes you very lopsided on your views…

“ buy when I can afford to” -So are you implying you get cash in and add to it?! Surely you see that’s overstretched positioning?

Again I reiterate my comment that I feel for those who are bearing brunt.

Also as we like to stick to facts - your comment and is a fact that it’s your comment

“Where has ajs gone now the ridiculous 0.65p prediction has been blown out of the water?”

Has it? We’ve nearly touched 0.65p you posted that in Dec….

Like you these are pointless posts, however I totally disagree that nothing has changed.

Funding and cash burn is extremely important and I’m concerned the cash burn estimates are wrong, maybe for a short term through next month processes. However that’s a concern I don’t know answers to yet, where as it’s clear the sp is a deeper and potentially impactful problem.

It impacts the upside and it impacts the time value of being involved and it’s changed my sp target lower.

And tm1 holders in the telegram group are the audience paying to watch them 😂 lol

Electrical eng,

I think if it’s the case that people have been engaging like this in the telegram group that’s pretty scandalous imo. You can’t be advising people to borrow money to fund just one share?! That’s ridiculous!!!

As much as many can target aj Or try buy goodwill using the terms “derampers” doesn’t stop the sp moving.

FWIW you only really find these terms in pi and chat boards, not professional investors or institutional.

I normally find these type of comments about “deramping” or “short sellers” comes out when sp is dropping and that’s all that’s left to shout.

Views are utterly irrelevant they are personal and you don’t need to be solely focused on fundamentals, gets boring saying that.

“Dyor”, another coined term, research can also be technical for eg around sp movement and why.

The fact is you don’t know why sp has cratered but some selling has occurred for some reason.

Sp drop is factual, we can all see it.

A chartist has every right to say a sell off might happen as someone talking up fundamentals.

You can talk about facts but the only real fact is that the sp has cratered down and there’s been sellers.

Everyone can speculate as to why or who or what. That’s up to them but it’s happened whether like it or not.

I really feel for those overstretched here, and that kept adding to uncomfortable positions. I can wear the losses but it feels like many can’t and I can’t help but feel the mindless ramping has caused that. Regardless what research you’ve done on the company it’s still a view doesn’t mean it’ll come right.

I think that’s the thing aj, you made a v good call based on your view of the related party loan. Whatever anyone’s view on the lt of the business it’s clear this view was right.

The telegram group I can imagine it’s same drivel, rinse and repeat same chat re “long term” share holding, “nothing has changed” re business and how sentiment will change it they just put “out news” such as rto or black mass.

The issue is there has been change and they aren’t prepared to accept that. I’d imagine anyone sensible that’s been averaging down would be mad not to sell something on a pop up.

I think it’s very hard to recover to highs again without material profit taking happening and you’ve got to have a new market of buyers for that.

Cant just there saying rto fixes everything it doesn’t. You can already see that any positive news with a bounce hasn’t been sustained for best part of over a year now.

My view is the sp action, outlook, demand etc has changed and it’s going to take some time to properly recover.

Aj as there seems to be some selling now at 0.75p, whatever happens in longer term or from here fair play to you and well done for calling the move.

Cannot fault that you got it right, I’ll lick some losses.

Just so glad didn’t care less to even try engage on warrants. What a mess that was and desperation.

Still laughing at some posters being so desperate to tell other investors to exercise warrants to give money to the company!! Like a few hundred k made any different to cash burn!!

The warrants was so poor from the company but I’m sure some of the usuals will paint these moves as “cash raising”!!!

anyway fair play to you, hopefully the bounce back is equally as strong when it comes! Most could average down to around 1p now I reckon.