Member Info for Ilovesushi

Sidara can make an offer during suspension. As can another 3rd party that wants to enter talks.

Not later than 5.00pm on 15 May 2025.

Buy anything under 35 pence

Yes, was always going to happen.

Sorry to say this is not enough to cover the salaries that work on this contract. Its good they got a figure this time. Well done for report. Goes to show any contract lower than that it will not be reported. It is this figure that they now state it shows how little the value is in other contracts. Keep eye on the figures, when reported and when not. You will quickly see the money does not cover corporate expenses and listing. Its all non profit making. Always has been. If they keep renewing contracts they are renewing the same situation that forces it to do more placings. This is not going to cut it. This is more of the same. More contracts are meaningless. Every contract bought is done so at a loss for the sake of just winning. The formula does not work.

It has cash for a while. Give it 6 months and we will see if it plans for another placing. Good luck for those hanging on.

I think the only way out for this company is to put itself up for sale. Perhaps a larger company would like the brand. The trouble is the money the group got will only just pay off its debts. Then again with £35,000,000 of pension deficits there is no way back. Profits crashed by half. Any more deterioration and its the end. It will need money for redundancies and all sorts of things. Even if there were a sale shareholders would get nothing. I do not see any value here. Its got a name and a branch but the small profit of £1,000,000 how can it make up on pension benefits or debts? I think it is finished. It may continue as a brand but that brand will not be owned by the shareholder. I AM THINKING this could delist at any time.

Valuation. I have read the post. It is a good one. You make a good point. I see why you think this is a good idea to have done a placing. And I see the value in obtaining the grant. Agree.

Still there was 2 Billion odd shares in issue now there is nearly 2.5 Billion. So you are still diluted. This cash should take the Redmoor project up to a feasibility study. To actually get that will need another placing. Its not for me.

I can see how Tungsten copper project could be classed and important minerals. No doubt. It may attract further cash from the government. The government gave a lot of Cash to Vision Blues (Mick Davis Xstrata) project a lot of money for a key stake. As tin is back in fashion.

Good luck with your investment things like this bleed cash and we know where the cash comes from? Years and years away from monetisation so you can expect more placings and thus more dilutions. All the best.

Placing is coming 26 Mar 2025 22:39

Another wipe out of Pi

This company operating in Cornwall, will eventually bleed this company dry. It will constantly need cash and as we can see cash is only found in placings. More on their way. Suffice for now.

Got attacked for it.

Haha

The last auction was 8.5 times the spot price of gold.

The reason why a coin can be quite valuable is that collectors know when this company goes bankrupt this coin will be very rare and have more value than an ordinary gold coin.

The problem people have here is they think the company is on to a winner with demand for their coins so high. The trouble is the more coins produced the lower the price will be until which point they carry no value.

Lets say they gain £17,500 for the next coin. It looks good price for a coin whose value should be closer to $20,000 plus. The trouble is this coin probably cost the company about £50,000 to produce. Making this company NOT a going concern.

Next placing be planned. AVOID.

Up up up.

Go to DEBS

Nice bounce. Very nice. Goos turnaround.

Very nice. Looking good for a bounce back up.

PICKED UP SOME SUB 20 PENCE

This could be the bottom

RECOVERING NICELY NOW

MORE BUYS

BUYS BUYS BUYS

BOUNCING

Have I understood this correctly? The company cannot issue any more shares below 0.4 pence and and therefore it is no choice but probably prepare another share reorganisation?

Drill baby Drill. Australia is a very friendly place to drill. Drills are inexpensive and quick. Just keep drilling I say. We hit oil and need to hit more. Only way is UP>