Member Info for Gord_1

Like I said before....their is absolutely no evidence that they did a DST drill......no pictures, not official documents ....nothing on web site. I personally think they found a duster and milked it by suggesting a DST drill and doing a placing. All stinks of fraud imo and because this is AIM you could say you found oil on the moon and the regulators would blink an eye.

Thanks Bugzy ........from what I can see so far....looks very promising. Do you think the intention is to sell the resource to the neighbour or go solo?

Any thoughts on what this may be ? Will it include Tin, Copper and Zinc as all these grades are high. I'm hoping for a huge rise her tbh.

Sadly this looks a bit strange to me. I'm starting to think there was never any DST drill in the first place. Tried to research it and .....nothing....anyone have any pics or info on this drill ?

The Cap-xx RNS mentions next generation headsets- This is most likely the reason why. Don't listen to that fella trying to put you off.

Supercapacitors, also known as ultracapacitors, are being explored for use in headsets, particularly AR/VR headsets, to extend battery life and improve performance. They offer rapid charging and discharging, making them suitable for powering peak bursts of energy needed for data transmission and maintaining voltage stability. Revenue in the AR & VR market market worldwide is projected to reach US$46.6bn in 2025. Revenue is expected to exhibit an annual growth rate (CAGR 2025-2029) of 7.42%, leading to a projected market volume of US$62.0bn by 2029.

In the AR and VR headset market, Meta (formerly Facebook) has consistently demonstrated strong leadership. Other prominent players include Apple, Sony, and ByteDance. XREAL and Microsoft are also significant competitors in the AR/VR headset space

What a massive door opener to all sorts of opportunities........well done Cap-XX !

As its next gen and they have to be small........its either Samsung , Apple, Sony or Google ....imo

The RNS is great news ! Finally starting to see positive progress.

Fairly large buy well above the ask :-)

Christo - Thanks for clarification. So they raised $20M from placing + additional Debt of $30M ( $50M) to buy CB @ $23M.....and the balance of $27M is to fund drilling more wells etc. . I notice they are also going to reduce the BoD numbers soon ( already started ) so hopefully that will help the SP long term if they don't cash out. Lot of variables here so not sure how this will play out.

I'm not sure how CB was funded tbh.....as I cant work out the structure of the deal from their RNS. Can anyone on her clarify if the "new loan agreement" is "additional" to the existing loan of approximately $27.5M owed after this years payment or simply a new structure of that existing loan? The CB in my mind appears to be mainly funded by the placing of $20M plus cash resources of $3m from possibly a small portion of the new loan structure and cash reserves ? ?

The RNS reads which I'm confused about as it suggests "partial" funding of CB of $23M from the $30M loan + cash resources which i assume would include the proceeds from the raise.

TETL has signed a binding term sheet with RBL providing for a new $30 million six-year non-revolving term loan to partially fund the Acquisition. TETL and RBL are currently preparing a Fourth Amended and Restated Loan Agreement and related security registrations (the "Amended Bank Loan Agreement"). Subject to the execution of the Amended Bank Loan Agreement, Touchstone intends to use the net proceeds from the term loan together with existing cash resources to fund the cash consideration payable under the terms of the Acquisition. The Acquisition is expected to close during the second quarter of 2025.

Any thoughts on this ?

Surprised they haven't done another raise yet....thoughts?

Just looking for some info on Semnet. On the last accounts for 6 months reported ~ $1.7m revenue with a loss and a Tax liability of ~$350K.

I think this revenue made up a large portion of the 9 fold increase in GST Revenues as transaction revenue was only~ 500K for 6 months.

Any ideas if the revenue and tax liability booked on the GST accounts? ie is it the total Senmet revenue or just GST's share of being 66% ?

Been going on for months .....dyor

I'm surprised one of the big players has not bought this company yet. It appears they have invested a lot into R&D and hopefully this is a recovery play . Gla

CEO salary including share payments was £556 in 2023 . With revenue for the whole business of ~£1M ........what a disaster.

There appears to be a lot of good support for this company and on paper the prospects look promising. I think transparency is required from the major shareholders ( Bod and ex Bod) as to who is selling on a daily basis. For example , has fat fingers cashed out yet.? When the seller has finished, I hope this recovers. I'm not trying to knock this company, just the Bod for more transparency on who the major shareholders now are over 3% if possible . (current and ex directors). I do have an investment in this share and can only think that this may be the problem.

Can you sell part of your business albeit a small part , when your overall business is up for sale under a take over process?

I would assume an RNa was required to confirm to the market the reason and affect of doing so especially when Sidera are making a bid for the whole company. ?

IN

John2727 - who was that question aimed at ?