Member Info for Harris07

I think that the potential here is very big. The volume of buys yesterday was impressive. I think this is on an upward trajectory and £1 isn't too far away - could happen within 2 weeks.

Think this is a sleeping giant AROK1975 and given the very few shares in issue can move swiftly on the right news - gla.

Near-term - weeks or months.?

Think there should be about 5 days of churning of placing shares then should see a rise.

This has been a difficult ride for lth’s - hopefully the tide has turned.

First stop 8:6p - 10.75p range

Https://zakstraderscafe.com/bulletin-board-heroes-june-2-2/11820/

Zak Mir charting

Perhaps it’s fund investors who could not previously invest in MTL given the size of its mcap.

No problem. It’s worth noting that John Zorbas has previously sold an asset and the shareholders have benefited. So there’s no reason it can’t be done again here.

Https://youtu.be/yDb7ht0yTtc

The share analysis figures look incorrect to me. For example 21.66% of the share capital is approximately 11 million shares. I think the holdings of J John and Zorbas are incorrect too.

I’m unsure of Bod’s intentions. Though I’m sure they will profit from all of this just not sure PIs will profit too - the jury is still out for me. Time will tell and I hope you are right.

Sunningdale1 I take it you work for Axis?

Hi Mozax,

I like you enthusiasm. There is something that you are forgetting you are reliant on the BOD to not shaft PIs. Prior to the share split and the news the share was trading in the £1.50 range - the BOD could have raised but chose to raise at 3p (75p pre split). The raise prior to this in 2020 was at 9.2p (in new terms). There was no real reason for the share split to take place when it did except to get a low placing through for the benefit of the BOD.

Thanks LOTM. I have a small holding here. I can’t see why it couldn’t get to £100m mcap on the right kind of news.

Thank you LOTM for the document. I've briefly scanned but will take a good look a little later. IMO Mirriad appear to be in a ok situation when it comes to funding - it's not good but its not dire. The company will have to pull a rabbit out of the hat to get the share price where it needs to be in order to do a placing (not impossible given the information that you and 2phevs have gleaned.) I haven't seen it mentioned here but have missed it whilst the partnership with BenLabs seems positive - BenLabs was in dire straits only last year and they have since taken a new direction. The reason why rich people are rich is because they don't like to spend a lot of money on things and whilst Mirriad have good contacts they don't seem to be able to get enough for the work the work that they do.

Unfortunately, Dsymons I think that you are wrong. In instances like this the board get richer, the brokers get richer and the PIs holding value gets decimated. I was a strong supporter of the VELA board. Newbies don't be sucked in here.

It’s a categorical No from me here. There’s a saying - Fool me once, shame on you. Fool me twice, shame on me.

I see Peterhouse Capital are the house brokers

LOTM and 2phevs - it does sound plausible as to insiders not being able to buy shares and £100k on the part of the chairman is an investment.

Thank you for your posts. I hope it turns out well for you.