Member Info for Inthedark1

Prof

Thanks

And good news! The SP is a shade under double the TNav of 1.75p - unless recent cash burning and expenses has reduced that 1.75 of course.

Perhaps that will be a floor that Met1 can hold for a bit before riches surge from the ground like a gold plumaged uranium clad Phoenix! 🚀🚀🚀🚀as Castlepaul and JamesSimon would say.

I may have a jaundiced view of course but who can blame me after the miserable slide towards asset value😑

Toff

To be fair to LTI I think it is relevant that he talks about MAST on the Met1 forum because there is a very similar, almost mirror like scenario being played out at MAST.

Investors/gamblers/share buyers - call us what you like - need to know what is going on here.

Where Met1 is now is where MAST is heading. The same warrant issues, inflated advertising and ramped nonsense on both boards - and the same collapse in SP, because it appears there is little of substance happening to warrant (pardon the pun) any value in the SP. In my opinion of course.

Anyone who holds shares has an incentive to try to stop or oppose others from expressing views that may possibly influence others to sell or not to buy.

There is no way LTI should be banned by admin. Compared to the lies, bullying and swearing on here he is a paragon of virtue and truth.... just a bit blunt at times!

Jack

"don't care if it goes up and down like a yo-yo"

The thing about Yo-yos is they go UP as well as down when operated correctly.

When operated incorrectly they end up in a tangled mess very much in a terminal down.

Met 1 promoted itself as ab exploration company. Shareholders have had their bank balances explored to make equity company warrant holders rich.

Which of these scenarios are the most likely?

1. Drilling sites will provide untold riches that the previous rights owners ignored or were unable to exploit

2. The other AIM companies they have spent shareholders money in will provide great returns

3. They will burn through the remaining small cash pile and fizzle out

Jamestrader71

You on here as well, talking up a mining share with your new account? Let's hope it doesn't go down to 3.5p from 55p like Met1 with JS encouraging but, buy, buy as it fell, fell, fell. The same modus operandi of cash warrants, misleading articles and rampers is playing out here.

Braced for incoming! But you know it is true

James

Of course you care what people think of you! Why post otherwise bragging about your non existent wealth etc etc etc.

I have never seen you post anything resembling an interesting fact about the mining industry or Met1.

Having said that, you do liven up the board with your Walter Mitty meanderings and vivid imagination and I love to hear your latest inventions. Keep em coming. At least we know that you failed to convince people to waste their money here!

All the best wherever you are, Truro, Perth, Abu Dhabi, Melbourne, bedsitland, wherever your mind takes you

Toff

I think it is fair to say the scam articles promoting Met1 shares encouraged people to buy the 2p warrants being sold by the private equity companies.

Those paid for adverts, masquerading as financial magazine articles, are no longer being paid for because the 500 million 2p cash warrants have all been sold.

So now there isn't a steady supply of naive investors coming in to provide the bounce that you are hoping for.

The company has bought shares in other businesses and is doing some exploratory drilling but they are also burning through the cash raised from the 2p cash warrants at a rate of knots.

So some money may come in from their relatively small investments in other companies and there may one day be something found in the ground that could be worth digging out or tailings worth exploiting.

But relying on a new rush of investors to provide a bounce without a significant find is pretty unlikely in my view - to put it mildly. But good luck.

Bowlers

Wouldn't you be £12,000 better off if the price rose to 6p rather than £20,000?

£68,000 divided by an average of 5.1 would give you 1,333,333 shares multiply that by an increase of . 9 of a penny = £12,000

Apologies if I have got my sums wrong - and good luck with it. They might get some drilling results that make a difference

Ace

Wherever he is he adds a bit of larger than life madness to the board. As long as you take it not with a pinch of salt but a Siberian salt mine sized pile!

Have a good weekend

JS

I meant to add that if you don't want people to comment about your posts and your claims of vast purchases and claims of 'the sky is the limit' or 'what a bargain the share is' - as it consistently plummets, then don't post.

I'm not telling you not to post. Just don't complain if others comment or repost your posts.

Cheers itd

JS

The truth matters to me. It always has and always will. ONB was asking a question and I was giving him the answer from one of your posts.

I see that you haven't filtered me after all.

I don't filter anyone as I'm interested to see what everyone has to say.

Have a great weekend 'down under'. I was in Melbourne earlier this year before moving on to Sydney and Brizzie.

Hi Oldnew

JamesSimon posted this on 18th Sept.

Using a 71m purchase at 5p with today's sell price not including fees etc the loss is just over 1 million pounds.

It is is all entertaining but is utter Walter Mitty nonsense 🙂

RE: BS Merchants18 Sep 2025 18:14

Hi Rellik if this drops to 3p or below , yes I will be buying more . My syndicate /consortium hold 71m shares averaging around 5p . We’ve put in just North of £3.5m . It is a lot of money , but we can write this off should this go t@ts up . My accountant will no doubt in the worst case scenario put this down to a tax loss . However , I’m bullish and expect the price to rise . Patience is key , these short term fluctuations shouldn’t affect the hardened investor. If your watching these every 5 min then my advice is stay out . Onwards and upwards , I hate the negative basta@rds on these boards who frankly put you off ."

Oldnew

Presumably the private equity firms that stumped up the 2p cash for the 500 million cash warrants have cashed in their shares at prices ranging from 55p down to the current price, stringing it out when beneficial to get the best possible payback. The rules of the deal exclude them from owning much of the company - was it 2.99% - without declaring ownership? I don't believe any declarations were made? So it is possible some of the 2p cash warrants are still held as shares by the people who exercised those warrants but it would be fair to say, logically, the vast majority, if not all, would have been sold because the return on investment would have been amazing! Up to 27.5 times the value.

Ask yourself, if you had paid 2p yesterday for a million shares would you sell at 3.7p today? I would, but I might leave a few just in case something comes from the drilling?

Rog

I agree. But how long can the company keep solvent without finding something worth anything?

Marab

What makes you want to buy?

I am not criticising - just interested?

Flinn

It is worth bearing in mind that those who are invested have, pardon the pun, a vested interest in talking the price up!

It is an undeniable fact.

It is also true that someone who has managed to be able to short a share - no idea how to do that - would be keen to do the opposite.

Others might just be giving their opinion?

My previous message was in answer to Rich. As for Met1 I don't think so. They have put some of the warrant millions into other companies but their assets are still half the value of the 840 million shares in issue and of course there is zero capital coming in and money is slipping away weekly.

But of course there is always a chance that some of the companies they have invested in could do something and that some of their drilling rights will come good. But you could buy directly into the companies that Met 1 have put money into, that would be cheaper. The CEO has just upped sticks and after the massive ramping and weird Ponzi style up and down a lot of people think it smells a bit odd.

But you never know. Hope always lingers longest in Pandora's box!

Hi

If you want to see the possible direction of travel for Mast it might be a good idea to look at Met1. The same ramping fake ads and massive warrants tumbling into the market. If anyone suggests that the sky might not be the limit they are shot down in flames.

Go into the chat and take a deep dive - go back a couple of months and see if there is anything familiar there. Met1 was at 55p a short while ago after fake ads and massive ramping brought it up from a few pence earlier in the year. Now the warrants are exercised and the ads have gone and it is sub 4p.

I have no idea what you should invest in but please look at Met1. I see some of the rampers on Mast were and still are promoting Met1.

Good luck

JBatch

If anyone has shorted Met1, rather than being desperate, they would have done quite well wouldn't they? A moment ago you could get half a million shares at 3.7p on HL, although it varies minute to minute of course.

Anyone able to borrow shares, sell, and then buy after a drop in order to return them would be quids in after successive drops from a high of 55p to 3.7p?

I have no idea how to get hold of shares in order to short them and, personally, think it's something I'd be uncomfortable with but if the price does return to TNAV they might still almost double their money after fees/charges?

Mr R

Sorry, I was making a successful attempt on the world hot air balloon ascent record and was above the reach of mobile data so missed JS' briefly seen epistle.

Without risking a ban what sort of comment was Walter Mitty making and what had got him so riled up this time?

I hope it is just a suspension as his absurdity is quite entertaining.