Member Info for Inthedark1

Optrade

200 million 2p warrants still to be exercised. Assets worth less than SP. Nothing being mined yet. Good luck though there could be something happening in a year or two?

Castle

For a long time LTI has been pointing out what the assets declared by the company are worth. We haven't quite got down to that valuation yet but it is not far off.

The SP can also reflect hope that the ground will actually provide riches and that is more difficult to assess in financial terms (in my amateur view).

But the disgusting ad campaign and the impossible claims and name calling on this board leave a bad taste in the mouth.

I doubt whether much is true regarding some of the supposed buys announced here but I must admit I hope they are right today. Down down down!

Optrade

That is just the prepaid warrants. What about the hundreds of millions of options to buy at 2p? Admittedly the 2p becomes a factor as the price tracks down from 54p to less than 6 but it is still a two and a half times profit for the warrant holders so presumably they'll still provide a drag unless the price comes down to 2p?

Down again

JamesSimon

Those warrant holders will love that extra £7,000!

Anxiety

Just be careful there are still hundreds of millions of 2p shares to come on to dilute. It is v volatile as people hope to cash in. 20p is possible but so is 3p. Good luck. It is a roulette wheel as to when the big players dump in their warrants with a load more coming on August 4th

Dusty

To be sure she claimed gewt 🤣

Onetomany

Met1 gets 2p a share in. It is paying 16p out. Multiply the sums involved and the net inflow is £22,000 with the downside of many tens of millions of extra shares diluting the pot for existing shareholders. And many hundreds of millions of 2p shares still to come. I don't welcome a cash "injection" of 2p a share.

JamesSimon

We have heard a great deal about your clsimrdpersonal circumstances. Whether true or not I don't see the relevance for shareholders?

As you get older you will realise that, fascinating as you think you are, others aren't quite as interested in your doings as you might think. Calling people names just let's you down. Facts relevant to Met1 are what I am interested in.

Onetomany

Met1 is paying a large amount of money out at 16p a share to acquire new rights. The cash warrants bringing money in are at 2p a share so the cash is flowing the other way.

And another big dilution to hit the share price on August 4th.

Onwards and Downwards? It'll have to rise 300% to get back to where it was just over a week ago and still hundreds of millions of 2p warrants to add to the fun in the next month or so. 114 million this week to be off loaded after being exercised on Monday.

DYOR & please take extra care on this message forum. There are plenty of RNS messages explaining the warrants. And a message from the company to say the scam financial ads are nothing to do with them.

Castle Paul

If you are only holding stock that you made from profits in earlier dealings when the Ponzi gravy train was really motoring you have no 'real' money to lose. But you could get out with a 6.5p a share profit now. Presumably the big selling warrant holders know something about the company as they were in it early....and if they're selling it might be better to take the profit?

I have no idea. But what makes you think the SP might go up. What RNS, hunch or mining announcements might add value?

JamesSimon

Laura

Why do you keep telling us about your share dealings? You keep buying and the share price keeps falling. And you apparently make big profits on tiny ups in the daily falls.

But why tell us anonymous folk about these trades. We don't know who you are and I'm sure you don't want us to know and vice versa.

So presumably you tell us because you want us to believe you and believe that profits can be made from this hot bladed blindingly sharp falling knife so that we can jump in and pay our half a per cent tax and lose 20% to the warrant holders - as happened today.

If this is not true then why tell us? You bought shares. So what? A 2p warrant holder sold them to you. Or you didn't buy them and someone paid you to say you did to help herd more retail customers into the shearing shed to be fleeced. But you've been seen through now. Another blue day tomorrow?

There can be only one reason

Richy

Hi Richy - good luck with your buy, it could well rise as more look at the recent highs and think they are getting a bargain but as regards warrants there are plenty more to be exercised yet. Hundreds of millions to be worked through so I think it will a while yet.

It is true. You can read all the RNS posts from the company on this site. 114,170,000 warrants etc at 2p to be exercised just today (from 8am). Would you try to sell your shares you paid 2p for when they are currently 7p? I would. So buying into that market is a very risky move in my opinion. This share got to 54p a few weeks ago, fuelled by three separate ad campaigns with what looked like financial news articles. The ads were all traced back to one company in the Cayman Islands. Met1 issued a message - not an RNS - saying the ads were not coming from them. So who would benefit from ads pushing the price up? Warrant holders. To buy is to hand over your cash to these warrant holders. It is true when the gravy train was in full steam mode plenty of people bought in on the way up and sold and made a profit.

The actual company business of looking for metals/uranium seems to be a bit of a side play at the moment. They have created this money making machine and it has little to do with what is or isn't in the ground. DYOR

Just a reminder to those that don't read the RNS news.

This was posted last week and takes effect today.

Warrant Exercise and Issue of Equity

The Company announces it has received notice of the exercise of Cash Warrants, issued pursuant to the Equity Fundraise announced on 31 January 2025, over a total of 78,370,000 ordinary shares in the Company at 2 pence per share and the exercise of 35,800,000 pre-paid warrants (together the "Warrant Shares").

Admissions of Shares

Application has been made for the admission of the Warrant Shares to trading on AIM. The Warrant Shares will rank pari passu with the existing ordinary shares and it is expected that Admission will become effective at 8.00 a.m. on 28 July 2025.

JamesSimon

James your incongruent and contradictory posts are available for everyone to see. One moment you say Met1 is a Ponzi scheme the next you urge people to buy. You say you buy at X price and claim a profit when it drops. Your posts are very entertaining. Perhaps the only stock you have is of the laughing variety. Please keep going!

Jed

I agree about gambling being fun and it's interesting to read some of the hilarious stuff on this forum.

I would like to point out though that I am calm! I am not in this share now. I had a few gambles in and out and managed to lose a little bit of money overall by getting my timing wrong

JamesSimon

I should think your fingers are too burnt to press the buy button after all your losses. Stay in the layby for repairs please instead of telling others to "stay in their lane" 🙂

Down 11% again this morning. Heading to its natural asset value of around 3p by the looks of things