Member Info for Inthedark1

JBatch

Plenty of shares available to buy on HL. 250,000 available at 3.755p. Sell price advertised is 3.62 but can't test that in reality (it could be bettered) as I can't get a quote as I currently don't hold Met1.

JBatch

I think it is worth pointing out your contradictory behaviour.

You say I shouldn't comment on Met1 because I don't currently own shares in the company (which is ludicrous logic).

But to apply your own logic to yourself should you also not be commenting here? You posted on another forum on 20th September saying you don't currently have shares in Met1!

"Hey GORD-1

As you are invested in both MET1 and Fulcrum, could you give me your reasons and where you see it going? I was invested in MET1 and will reinvest when the company starts showing signs of developing sites, though I am also interested in Fulcrum as I like their technology and with its links to MET1's mass of potential sites make a great fit I think! What's your view. MET1 board getting a bit crazy to be frank!"

Pot - kettle - black

Roger

"Due in September and only a week left to go. Should be good as will include warrant money raised.

How much do you think it will raise sp ?"

The prepaid cash was added a long time ago. A lot of it has been spent buying shares in other companies, paying wages and fees and buying rights to old mining areas in the hope of making money from tailings or from exploiting minerals via new exploratory drilling.

No sign of anything yet...

Meanwhile the 500 million 2p cash warrants have all been known about since early this year so their existence and their added value to the company has already been taken into account by the market.

The SP has plunged as the private equity backers made massive profits.

If Met1 announce significant findings from exploratory drilling then the SP might rise. However they have been spending a lot of their money on what some would call speculative punts on other speculative mining businesses. We could have out our money into those directly rather than through a middle man (Met1).

So when the results come out a) don't expect the sale of warrants in the past to make any difference to the share price and b)prepare for quite a sizeable amount of the cash pile to have evaporated in expenses etc.

But hope does still lurk at the bottom of Pandora's box. And you never know

JBatch

I am not interested in whether you think I have a right to be here or not. You say you are invested so I assume you are. Therefore you have an interest in supporting the ridiculous comments made by JS in the hope that some people may actually believe his stuff and buy Met1 and it will help the share price.

He posts completely contradictory nonsense that can't be allowed to stand unchallenged. His own posts challenge himself. The truth is what counts to me.

JamesSimon

"Inthedark1 you’re a 42 carrot wan&er !"

Thanks for another insightful post.

I have never seen anyone do that to a carrot.

I think the word you are looking for is carat.

By the way, you said you had filtered me! I can't believe how fortunate I am that you - in all your guises - are reading my posts.

I am really only here to counter your lies.

Bowlers

"So looking good today"

It is a sell on HL at 3.87, buy at 4.00

Down 3.87%

James

Also you have just shot yourself in the foot yet again. You say "am I worried about Met1, no" and why is that? Because you have loadsamoney and loads of other shares.

So you claim if Met1 continues it's plunge it makes no difference to you.

But what about the others you encourage to buy this share?

The truth is you are desperate to get back what you have lost after buying in the teens. And think your transparent and ridiculous posts full of bluster and nonsense will encourage others to help you.

In reality your posts, if they do anything, are likely to DISCOURAGE other investors.

James

Jack whatever

Every now and then you threaten to stop posting here as it is "just not worth it".

PLEASE do stop posting about your pretend wealth and your pretend trades and pretend optimism about growth...with never any substance whatsoever.

Let others talk about important things without your old and new accounts filling this forum with vapid pages of nothingness. Please.

Warning to others: expect usual foul mouthed response.

Jimmy

I am afraid the couple of thou you put in here is only worth a fraction of that now. But you have had value for money pretending to strut your stuff on a big stage.

Goodbye.

Bow

I hope you don't have to hang onto them for ever 🤞

Well done. I emailed a couple of months ago. A simple question re warrants. I repeated my question a couple of weeks later and got nothing back.

I have asked their 'information team' a couple of simple questions in the past. They don't bother to respond.

Really put me off investing again.

Dogsy

What Dusty says is true. Met 1 set themselves up as a company which was going to drill at various locations which, according to them, had reasonable prospects of providing Uranium or Gold and other stuff worth extracting. They seem to have gone very quiet about all of that. Instead they keep putting money into companies that we could invest in directly ourselves.

This follows a change to the share structure that left early shareholders in a poor position and they did a deal involving 750 million 2 p warrants that rinsed a lot of inexperienced retail investors. Meanwhile someone - who could that be - paid a lot of money for scam adverts bringing in retail investors.

Reality has mostly sunk in now and the share price has sunk along with that realisation that all is not golden at Met1.

Selpec

It does seem high. £100,000 represents a turnover of 2.5 million shares out of a total of 840 million. It is only 0.3% of the total.

Perhaps some warrant holders, who have been hanging on to their 2p shares in the hope they'll get back 3 or 4 times what they paid are giving up and accepting double?

This kind of churn can't continue for much longer can it?

I would have thought, if you bought in the 10 to 14p range you might as well hang on just in case something happens but clearly quite a few are cutting their losses?

What do you think?

It doesn't matter in the scheme of things but it is interesting nonetheless

And it needs the price to rise from where it is for people with high averages to get their money back so presumably they're not selling yet as the price hasn't risen.. Let's face it Met1's SP won't rise until they do something that might make them and their shareholders some money. Buying chunks of other speculative projects might or might not make some money but it might be cheaper for me to speculate on those investments direct myself rather than through the more expensive route of Met1?

Bowlers

"Once people who had high averages sell up and leave price should rise as fantastic projects with thus company"

Forgive me if I am being slow on the uptake here but why would more people selling allow the price to rise?

I would have thought more people selling, whether they had lost or made money, would tend to depress the SP.

Surely what is needed is more people to buy Met1 and there is nothing to stop them other than the fact they don't think they will make money...at least not in the timeframe they were hoping?

And I remember paying £2 a litre for diesel 4 or 5? Years ago. It is currently about 1.49p

Hi

I make no political point but for clarity the UK bank rate affecting mortgages has been far, far higher in the past half a century. I know. I have had various mortgages in previous decades.

For clarity the UK bank rate in late 1979/80 was 17%.

The bank rate in 2023 reached 5.25%.

The UK bank rate is currently 4%

The average bank rate over the 50 year period has been 9.1%

The rate at which the UK can borrow money on 10 or 30 year gilts has varied from over 16% to 0.1% during COVID.

So it took has been far, far higher than where it currently sits.

The pressure of the extra spending created by COVID the extra costs of Brexit, Trump's tariffs policy, the extra spending still weighing from the 2008 banking crisis plus the war in Ukraine all combine along with a lack of productivity to make all recent government's desperately short of cash.

Jim

It's flat lining at the moment rather than flying

Eighty

HL have just offered half a million at a shade over 4 with 50,000 being available at 3.97

So the options are

1. He needs a better broker

2. He is ramping/lying