Member Info for Inthedark1

FREEBEEUSER

That is what has happened twice so far. SP went from a high of 54 to 8.5p. As for the warrants they were issued to investors when the price was about 0.25 pence. It gave warrant holders the option to buy shares at 2pence. Hundreds of millions of them. The company got a small amount of liquidity at the price of a lot of shares at a rate higher than the price at the time. You can't, of course, get them now. If you could the SP would immediately hit 2p! I strad we have death by a thousand warrants. Each week the SP gets talked up and promoted by some articles that are actually adverts but it is heading southwards as the message filters through.

Who knows long term whether the licences to look for lithium/gold etc ever come good. They might. But at the moment it looks as if the real money being made is at the expense of what someone on here has called 'the numpties'. I have to confess I was one of them. Luckily I didn't put much in

ADVFN share chat page has intelligent comments.

I have asked LSE to look into this. They aren't marked as adverts but look like news articles with integrity. I can't find the journalist online either.

Gemrusty

Even better when the SP was 54 last week. 27x profit. Put £10,000 in and take £270,000. Where does that £260,000 come from....other investors

I'm pleased you made a profit by selling. I prefer to look at the facts and try to share information with others to navigate choppy waters. I try not to mislead and hopefully that approach has helped some to see the continuing dilution of shares in Met 1 will continue for months. The price will sink on Monday if not before and no doubt there will be money to be made in short term trading. GLA.

Here's the iceberg for those in the buy ship

Metals One (AIM: MET1), a minerals exploration and development 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 400,000 ordinary shares in the Company (the "Warrants") at 2 pence per share. Metals One has also received notice of the exercise of Prepaid Warrants, issued pursuant to the Equity Fundraise announced on 31 January 2025, over a total of 12,000,000 ordinary shares in the Company.

Application will be made for the admission of the 12,400,000 new ordinary shares to trading on AIM ("Admission") pursuant to the authorities approved by shareholders at the General Meeting on 25 March 2025. The 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 16 June 2025.

12.03 pm RNS explains 400,000 cash warrants and 12 million 2p prepaid warrants will come into force at 8am on Monday 16th.

The same thing has happened over the past couple of weeks, the dilution pushed the price down from a high north of 50p to less than 10. There are a lot more warrants to come.

Investor 33.

The cat keeps coming back for more though. Someone keeps buying...presumably until the 9th thud when all its lives have gone!

JBatch

Agreed - except the shares haven't 'shot up'. They are down from 54p to 14. There are adverts promising bonanzas ahead, adverts that look like news reports. It is possible that surveys will show there are assets worth mining one day but.... the dilution we have seen will keep happening until the 2p warrants are all exercised and sold. If buyers can be found. That process will inevitably push the SP towards 2p. But the adverts are doing their job and some gamblers will make money on the rises in the meantime. So far the announcements re warrant being exercised have occurred late on a Friday I believe with the dilution on Monday. I got caught last time and tried to sell at 8am on Monday... Kept pressing sell but it wouldn't go through as so many others were trying to get out. Down 10p in less than a minute. I was only a small investor and lost a small amount. I have complained to LSE about the adverts - which they tell me are produced by a Google algorithm depending on the sites you visit. They asked me to send them a link.

M1Rob

I am only interested in facts or the information on which decisions are made. I asked a few questions but received no answers, but learned a lot from the failure to supply information. I have no shares in Met1 now but want to make sure that others don't make the same mistake i did. There are hundreds of millions of 2p warrants still to be exercised and those shares will need to find a home if the warrant owners want to make a profit. That means trying to find someone to buy them at a price five times higher than the price paid in January. It was 27 times higher. Adverts promote the share and up it goes, pushed by some on here.

LTI

I marked the advert (which looks like a bona fide financial paper report) as inappropriate so I wouldn't see and up popped a replacement from Global Gazette. If that is deleted a third very similar report pops up from Global Guardian. I am surprised this is allowed.

Lti

Thanks for the info - and only a few months to squeeze them in

Yes - but not sure how many warrants have been exercised and how many to go

I feel bad for those that paid north of 50p! If I knew how short a share I would probably go for it until the warrants are out the way. But you never know.

I've been trying to find out how many millions of 2p warrant shares are waiting to be exercised. Until they are all through the system you have a see saw effect. Magazine article says its a great buy, people buy, price goes up. Then warrants are exercised and dilution forces the price way down until it starts to recover again.

And this advertisement for Met1 has eeb saying this all the way from 54p down to 8.5p. if there is gold in them thar hills it's lurking behind a big warrant exerçise that will likely depress the SP further. And any bonanza could be a long way off.

Couldn't find this journalist anywhere on the web. Avoid. If I'm wrong let us see who this is. And the publication he writes for. I looked that up and and the search said 'high risk'. Who knows search result may be misleading but too many warning signals for me. And too many 2p warrants in the pipeline. Longtimeinvestor seems to know what he is talking about.

No you've given me all the information I need to know thanks. There is a power in asking questions. A failure to give info is very valuable. I won't be buying back in. There is always a human tendency to try to make good losses by buying back in again. But clearly millions more 2p warrant shares to be exercised. I guess some people are employed on some shares to talk them up.

More warrants to be exercised. Price falls. Pulse etc is just part of the plan.

I am new at this too but can't find much i fi about Met1 and certainly not on this chat forum. There is a strong promotion on Met1 in UKFinancepulse advertised on the web but it might be helpful to find out more about the publication. There are millions of 2p warrants that can ve exercised on Met1. The company gave options to investors back in January to buy shares at 2p and exercise them within a certain timeframe. The shares were at 50+ and a few days later are around 11p. I'm not sure how many more warrants are waiting to be exercised and have been trying to find out here. I have been accused of being a "shorter" - trying to talk the price of the share down by asking this very simple question. Do your own research amd good luck