Member Info for HarChris

You are so needy! Once I said go on share all your trades so I can see how you do and you immediately carried on with your hindsight reveals , announcing your sales AFTER it had fallen and vice versa.

You then carried on saying things like ‘incase you’re interested I’ve just bought’ but I had no interest after you had already proved once again that you don’t share honestly.

And even still you say ‘Chris used to want to hear about my trades’ - Jesus. So just to make it clear one last final time almost everyone on this site doesn’t care about your trades, then handful that claim to are probably one person just trying to cause trouble.

Or you're the only trader that is so insecure as to have to repeatedly go on about it and explain your workings out? We all know loads trade Avacta but they keep it to themselves because there are better platforms to discuss such things - a BB like this is much more useful as a tool for investors.

Yes, resumption of trading. https://www.londonstockexchange.com/news-article/market-news/restoration-neo-energy-metals-plc/17493509

Since as early as June 2025 (see RNS Preliminary Results for the year ended December 31 2024) Avacta has stated these timelines:

''Anticipate releasing the initial data in salivary gland cancer in late 2025 and in triple negative breast cancer in H1 2026.''

They have never, not once, deviated from this timeline and so anyone suggesting that there's some sort of cloud hanging over 6000 because we've only received the SGC data in December with the October cut off is intentionally misleading.

The big catalysts we are waiting on really aren’t far away now so even if they don’t land in time to avoid a small placing in H1 it doesn’t matter, this isn’t early 2024 again, we won’t need equity to fund the next 12+ months, p1b is close to completion and ava6103 is beginning any day.

If you’re a trader that’s so good at making money elsewhere you may decide to stay on the sidelines and redeploy your cash here once the picture is crystal clear but there doesn’t seem to be any of that skill on this BB.

So for everyone else why not just wait and accept that the next few months remain a tad uncertain and trust Christina and Richard to navigate it effectively so that we’re all well rewarded for holding through to said catalysts, whether they be April, July or some time later in 2026?

Yeah don't expect any TO interest just yet, would need to prove up Lolworth to be the case.

In time, perhaps.

Death spiral? They've just successfully completed the Kabwe deal which took yonks to get over the line and have raised for 2026 operations. It's far from a death spiral and no sharks like Riverfort with their hands around SKAs neck.

Progress very much does need to be seen this year though or the next funding round might be even more painful.

''During the year ended 30 September 2025, the Remuneration Committee met twice. Meetings were attended by Charles Tatnall and James Longley and Jason Brewer attended both meetings by invitation.''

You mean those overseeing the remuneration audit received £1m, £1m and £1.22m respectively? All above board then!

What makes Andrada most interesting is that transformative news is possible from numerous angles… with tungsten the hyped metal that can’t stop breaking all time highs news out of Brandberg West could catch the market alight, with SQM well into its drilling campaign results could come back compelling enough to almost guaranteed Lithium Ridge will be bought out, news could land suddenly re Goantagab and the high grade ore, or a surprise update on the ore sorters alongside the jig plant commissioning could mean huge profits at Uis come sooner than expected.

That ‘froth’ could lead to £2, £3, maybe even £5 a share later this year hence many of us (most?) will hold through even if we are ‘3 if not 4 months off’ big news. And if others buy in for that news the share price has every chance of continuing north.

Veteran we are due TR1s, six in fact, for the directors. All six paid out in the last year have either crossed into the 3% bracket or through further thresholds.

TS why do you bother? Coco rushed on here this morning to say the assets had gone down in value, failing to understand that Raglan and the raise came after hence the assets have actually increased a few million.

The guy is just desperate to find negatives and when corrected just beelines for some other new angle. Waste of time engaging.

That's the more conservative outlook but the site is underexplored, if Raglan turns out to produce double those very low estimates it means it generates £2m revenue, strip away the costs and its covered all group wide g&a for 12 months and we get to Q1 2027 with progress made across the group, plenty of experience and know-how gained for Blue Mountain and still a £1.5m cash balance.

Nick has stated that the hope is Raglan covers all G&A ie the current £1.5m cash position isn't touched over the next twelve months. The phase 1 that's been put out there doesn't quite do that, it falls short by perhaps £400k.

So let's stick with the conservative estimates and say Raglan generates £1m over the next twelve months, costs at Raglan will be about £400k (max) over that period so Raglan contributes £600k towards group-wide costs. These tend to be about £1.3m a year so £700k cash burn over the next twelve months and ECR sit on a £800k cash position in Q1 2027. That would mean still a healthy cash position, Blue Mountain well progressed and hopefully not far off production itself, Lolworth and other assets further explored etc and who knows what else happens inbetween.

The A$7m is an initial conservative target which is expected to be lifted once they have gleaned more in the coming months. That wouldn’t quite cover all g&a costs but a modest increase to around A$10m would, something that is more than possible.

For such a cheap cost that would be a great return and we’d have blue mountain producing for a good half of those four years alongside.

Some unknowns remain and will continue to but no doubt the company is in a far healthier position than at any point in the last three years.

Why cheer on anything that makes it less likely?

10p is doable but a real challenge as it means about £500m market cap when all is said and done - if achieved it will be all down to the new guys at the top/Jason so it'll still grate with me that someone that simply sat on the board and and on the remuneration committee (LOL) would make £26m for that. But hey, fraudsters gonna defraud.

Yeah shareholders should be given detail like you say, NEDs don’t typically receive £1m per individual in a year, far less than 10% of that is the norm.

This is a small cap explorer not a Ftse100 company.

Yes it's share-based because they've had no cash to pay such egregious wages but the point is they've received a draw dropping amount of shares in the past year which now means that part time NEDs like James Longley will end up with a quite staggering holding of £26.2m if the executives (not the NEDs) go on and make a success of NEO and get the share price to say 10p.

Such a payout at all time lows in a year where the company remained suspended throughout is incredibly distasteful and should be looked into.

It does suggest they are hitting the ground running at Brandberg West so every reason to start expecting updates from perhaps April onwards.