Member Info for HHReturns

Some positive news.

The $13m figure is from June 2025 (year end) They have already given a $27.2m figure as of 21st December 2025.

There was the same financial statement in the 2023 annual report and the 2024 annual report. Always going to be the case for such a company that isn't yet producing.

2 of the directors have 4 odd million shares each in this company, with one of them spending £750k on Panr shares earlier this year, at nearly 70p a share. I don't think that they would want to dilute their own shareholding by raising at the bottom.

Shame that this bulletin board is ruined for the time being.

I was making the point that a company can raise at any price essentially, and that it will always be based on market conditions. If the SP is significantly higher than nominal then they raise higher and if it drops lower then they just consolidate. You might as well argue that they could raise at 0.01p after a consolidation - that is why I said it isn't relevant in my opinion.

Rolls Royce looks to have a nominal value of 20p, so hopefully they don't raise when their SP is over £11 currently lol.

The nominal is irrelevant Sam. It has no bearing on the SP or market conditions. Even if a share falls below nominal value then a company can restructure and effectively raise below, so I would ignore this train of thought personally.

They have already referenced the cash position to the date of the last RNS, so it is just the part of the drill costs that is still to be paid for and advised of.

Billy, are the numbers in your username perhaps a birthdate for a child? It would be a coincidence if so, as that is the birthdate for my own son.

Yes, they'll be out this week. They mentioned that on the Webinar. Hopefully they can put a bit of positivity in there as well as more detail on the way forward, within the comments section of it.

500 posts by them on here in a month. Hopefully they can't procreate.

Apologies. I didn't see the other post saying the same.

Isn't it just down to the 11th September placing, and the extra shares in issue changing the percentages? Looking on my phone, but that was my initial thought and the dates tie up.

The shares would just be returned, not sold in the market (surely)

I do think that this Board of Directors are a bit above the typical Aim board. Clearly the SP has behaved exactly like the average Aim share and is at historic lows sp so the SP itself is unnerving. The Board have done plenty right too though, in my opinion.

Their share options are aligned to shareholder value, at 40-65p plus from memory, when the SP at the time they were announced was 18p odd. Most Bods choose the lowest SP to benchmark future options, but not these guys. A number of them have also bought in reasonable amounts when they could (closed period currently) They would likely load up now at this level if they could but they are trying to avoid any perception of profiting at the lows (and are in a closed period anyway, pending financials next week)

A non exec bought at 69p a share this year, so clearly thought that was not pie in the sky.

So, a number of positives for me but obviously the sp, particularly at this time of the year, is depressing. Every year it seems like I have one of these around this time but I have a number like this currently. Not great, but ah well, and others have it far worse than me in the world.

As does your shouting and taking pleasure at the losses of others, no matter how you might protest otherwise.

Thanks Billy. It was just strange wording to me - perhaps it's because English isn't their first language, or perhaps it is just my false interpretation.

The "return of $800k" but suggested to me that part of it was what we had ourselves paid over - hence the return. That got me wondering if it was going to be a sort of we've agreed to go out separate ways and exit, with the sums to compensate that. I've likely read too much into it.

Still no reply from my message though, which is p*ss poor. They won't change though, so it is a case of accepting that or getting out of Dodge. Far from ideal here in a number of ways, but equally plenty worse off out there in the world.

Do we think Qube have reduced / closed their short this morning?

Are we expecting the return of cash consideration because the deal is defunct/being unwound or because they pinched some business turnover post completion but the deal is still complete and on?

All this toxicity is not healthy. Some people should give their head a wobble, and ask who they want to be in life.