Member Info for GoldieLock

Let me just explain

Explains why this has been dropping.

"Cloudbreak has paid a A$20,000 option fee to secure two months exclusive due diligence across the Paterson Project. If Cloudbreak elects to proceed, it can acquire a 90% interest in the project via the issue of 330,000,000 shares to Mammoth Minerals Ltd (ASX:M79, "Mammoth"). Mammoth is to retain a 10% free carried interest in the Project until the completion of a Definitive Feasibility Study with a positive NPV."

Let’s be clear: this deal looks very dilutive and risky for Cloudbreak shareholders.

They’ve paid A$20,000 for the option, but if they move forward, Cloudbreak will have to issue a staggering 330,000,000 new shares to Mammoth Minerals. That’s a huge increase to the share count, which means existing investors will see their stakes heavily diluted.

On top of that, Mammoth keeps a 10% free carried interest, meaning they don’t pay a cent towards development until a full Definitive Feasibility Study proves the project is economically viable. In other words, Cloudbreak and its shareholders are footing the entire bill for years of work, while Mammoth rides along risk-free.

So while this may sound like “growth,” the reality is:

- Massive dilution if exercised

- Investors carry all the costs and risks

- Mammoth benefits without paying in

- This structure makes the deal far more favorable to Mammoth than to Cloudbreak shareholders.

Oh dear. The SP goes sub previous placing price. Its a sell off ino.

You're kidding me aren't you?

There is no 1p coming when they have just said the potential for a placing is less than 8 weeks away.

I never said they aren't buying, I am simply saying 2 months DD, wait for results of that DD, wait for placing and then buy cheaper.

Simple maths. Why would you even buy now.

Theres no derampers or shorters. Just read the RNS mate. Its clear what they are saying.

Simon the worst part is that the 0.45 was the recent placing. They have just pretty much stated that another one is coming and the risk of that occuring is 50/50 at best. Not a chance you would be buying here.

No you just simply confirmed that anyone buying in now is going to get diluted. Its that simple.

Thank you Coops18. That is correct a placing will come.

This is just being ramped imo

That is true but if it DOES then please simply answer this:

Will they do a new placing?

There's no need to be like that OfficeManager. Am I not simply stating the facts here?

Let's see if you can be honest with investors here.

If Paterson is good, will they do a new placing?

Yes or No.

I can see a lot of people excited but you can't argue with the facts that another placing is likely coming. Im going to bet the placing will be around 30s this time?

And if signs are good they will raise money and issue a new placing and it wont be a small one. Why would i even bother investing now? I'd prefer to wait the 2 months (boring) to learn if this is a winner or not and then invest part of any new placing?

They will likely issue more shares under a new placing. These guys are notorious for placings and this just warns investors that another is coming imo.

Explains why this has been dropping.

"Cloudbreak has paid a A$20,000 option fee to secure two months exclusive due diligence across the Paterson Project. If Cloudbreak elects to proceed, it can acquire a 90% interest in the project via the issue of 330,000,000 shares to Mammoth Minerals Ltd (ASX:M79, "Mammoth"). Mammoth is to retain a 10% free carried interest in the Project until the completion of a Definitive Feasibility Study with a positive NPV."

Let’s be clear: this deal looks very dilutive and risky for Cloudbreak shareholders.

They’ve paid A$20,000 for the option, but if they move forward, Cloudbreak will have to issue a staggering 330,000,000 new shares to Mammoth Minerals. That’s a huge increase to the share count, which means existing investors will see their stakes heavily diluted.

On top of that, Mammoth keeps a 10% free carried interest, meaning they don’t pay a cent towards development until a full Definitive Feasibility Study proves the project is economically viable. In other words, Cloudbreak and its shareholders are footing the entire bill for years of work, while Mammoth rides along risk-free.

So while this may sound like “growth,” the reality is:

- Massive dilution if exercised

- Investors carry all the costs and risks

- Mammoth benefits without paying in

- This structure makes the deal far more favorable to Mammoth than to Cloudbreak shareholders.

Wow - 2 massive 10M buys landed and late prints.

Whales loading ahead of next update?

Slowly starting to build up now.

Ill leave the same comment from 4princes here too:

So #GFIN MC £4m are in bed with Sonos MC $1.6bn and Asus MC $15.4bn? I'll just leave this here.

Fourprinces. This is going to go higher once the herd clock on.

Per RNS, news dropping this month.

This could pop once the masses digest the RNS.

Cheapest Agentic AI stock on LSE?

They are trying their best to hold it down but buys at best going through now.

6s soon