Member Info for Inthedark1

Miner

Just for clarification HL does not act as a market maker itself. It has a few market makers it deals with and when you place an order it looks for the best deal from it's list of market makers. It doesn't set a buy or sell price itself or hold shares on its own account - just the shares of its clients in their accounts.

Miner

I usually use HL although I also have an AJ Bell account and like you, Met 1 was my only recent gamble on AIM. I have had a few on AIM with interactive investor years ago. One company went belly up but the others were ok. No huge successes.

I have owned a few FTSE 100 shares but mostly have assets looked after for me by others.

I was asking LTI by the way!

Miner

I was asking not telling 🙂

LTI

Trying to get this straight.

So HL (for instance) is a brokerage company (amongst other things) that holds shares for clients and some big banks like Goldman Sachs act as market makers.

The price is mostly set by the market's supply and demand. Market makers set the bid and ask price and can force the price down at times by putting in more sell orders at one time and holding back buy orders putting fear into investors who then sell allowing the market maker to buy at a lower price...the tree shake

?

And the market makers need to hold enough shares to provide liquidity and that pool of liquidity can ebb and flow. So although there is always a buyer for a sold share (obviously) that buyer can sometimes be the market maker who to some degree, especially in small AIM shares, is calling the shots?

I am thinking aloud here!

Ace coffee

In answer to your question is It going up?

Not at the moment.

JBatch

" As has also been mentioned the warrant holders (quite sensibly are more likely to sell enough to recoup their costs and run the rest) if they were not confident of growth they would probably never have invested in the companies warrants in the first place."

Who paid for the adverts that boasted of Met1 shares soaring to £5 and of billions of pounds of assets?

Someone paid a fair amount of money for ads to get the SP up with retail investors buying into Met1 so heavily the price soared to 54p. Success bred success and up it went. Fuelled by ads and a fear of missing out.

When the price rose warrant holders couldn't exercise their option to buy for 2p and then sell in one mass effort as it would have crashed the market so they have fed them out in tranches. As the dilution has occurred the price has dropped but the warrant holders have made a lot more money that way.

So you have to take a view - did they buy into Met1 thinking of the long term and big big potential profits from mining or did they just fancy making many millions off the back of an extremely dubious campaign that someone (not Met1 according to Met1) had paid for?

They COULD be holding onto some in case they think Uranium and Gold starts to pour out of the ground but they still get a 150% return if they sell at the current price. At one point they were making 27 times their investment.

Slow

If you look on the Met1 website (just type Met1 website into a search engine) there is a message there right at the front saying they have been made aware of these ads and it's nothing to do with them.

I don't know the start date - did they start up a little bit before the warrants first started being exercised?

Bowlers

JS called Met1 a Ponzi scheme a few weeks ago. How do you explain that.

A couple of years ago we read he was hoping a share deal would get him enough to take the family to Ibiza.

Just click on his name and you will see wild wild posts about hanging out with the Tate and yachts and Dubai etc etc. it doesn't stack up.

Bowlers

"Whatever JS has is none of our business"

I disagree. It becomes our business if he keeps telling us what he owns.

I have to ask myself why is he telling us what he owns (,if he does).

Is he trying to influence opinion and encourage more buys. In my view the answer is yes.

It becomes our business if he was lying too.

Regards itd

Jbatch

Well done.

Are you sure anyone has been shorting? Couldn't it just be warrant holders selling their 2p shares?

Most retail investors that chat on this board, including me, wouldn't be able to get hold of a large tranche of shares from a MM would they, sell them in the hope of a drop and then buy them back at a lower price so they could be returned to the MM (+ the MM's fee).

Regards, inthedark1 (as the name suggests I am in the dark on this)

JamesSimon

I don't believe you have filtered me as it would be an act of supreme stupidity to filter someone who questions your postings on a regular basis. You would be blindfolding yourself and be unable to respond.

But then again, maybe you have, which can mean only one thing!

While you are or are not here I will ask again:

Will you publicly declare that you made a mistake when you called Met1 a Ponzi scheme and the directors useless?

You can't have it both ways

JamesSimon

You claim to have traded this share in the past.

You claim to have tens of millions of shares.

Let us suspend disbelief for a moment.

What price will you be getting out at this time?

To break even it was about 10p but you claim to have averaged down a lot recently.

I ask because all the potential shareholders you are encouraging to buy would see a big fall when you sell your massive holding wouldn't they?

And then they might feel sore after your encouragement to be left in the lurch?

Is it right to encourage others when you yourself have tried to ride the ups and downs?

Oldnewboy

Re naivety

Roughly the same as me I expect!

JS

Well done your wish that the SP would go down again so you can top up has been granted.

You can buy half a million south of 5 P at the moment on HL. If you do a few top ups at that price that'll help to steady the ship and help steady nerves too?

Oldnewboy

Good luck. At least you went in knowing the risks.

.

JS

"I’m baffled why people who have no interest in the stock keep posting negatively and attempting to frighten shareholders"

Your bafflement is induced by a complete sense of selfishness. You can't comprehend how anyone not currently holding shares and not wanting to make a profit at the expense of another hopeful and green investor can have an interest.

Countering lies, exaggeration and bullying is a good reason to take an interest in a stock.

And the more you ramp and 'warn' and attack anyone who doesn't fall in behind your ridiculous up today rhetoric the more determined I would be to spend an annoying amount of time on here giving a different and true perspective.

I think the single biggest reason I post on this board is because you are on it. The power lies in your hands.

It also makes me laugh out loud to read some of the posts and LTI's droll put downs. He's a tad on the rude side for my liking at times but then you have been very rude to him and me and plenty of others so it is fair enough.

I got my fingers a little burnt but I have had my money's worth on the Met1 soap story.

And I learned quite a bit about some of the sharp practices that exist in the swampy waters of AIM.

I naively assumed things like scam financial magazine articles were better controlled. They should be.

For the avoidance of doubt here is the entire RNS (except Craig Moulton's comment as no space - but available on rNS feed) which shows that warrant holders can now sell them from 8am (BST) tomorrow morning. The warrant holders who have paid 2p for them could decide not to flood the market with the potential of further depressing prices and not take their 150% profit. What would you do?

I did point out in an earlier post the potential dilution may not have as much of an impact as some fear because the pool of shares is now massive. This adds approx 11% to the pool. So shareholders now have 93 million x 2p added to the pot but that reduces each shareholders percentage share of the overall pot. As LTI says the price will be determined by those who continue to buy.

Metals One (AIM: MET1), a minerals exploration and development company with key interests in uranium and gold projects, 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 93,000,000 ordinary shares in the Company (the "Warrant Shares") at 2 pence per share. This substantially completes the Cash Warrant exercises (with only 850,000 Cash Warrants outstanding) and therefore concludes the Equity Fundraise.

Additionally, the Company has issued 380,000 ordinary shares at a price of 5 pence per share to settle a deferred consideration obligation under the sale and purchase agreement dated 23 May 2023 (as amended on 26 June 2023 and 24 July 2023 and set out in the Company's Admission Document available at https://metals-one.com/investors/) pursuant to which Metals One acquired Scandinavian Resource Holdings Pty Ltd (and gained its interest in the Råna Nickel Project in Norway) (the "Consideration Shares").

Application will be made for the admission of the Warrant Shares (pursuant to the authorities approved by shareholders at the General Meeting on 25 March 2025) and the Consideration Shares to trading on AIM. The Warrant Shares and the Consideration 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 20 August 2025.

Following admission of the Warrant Shares and Consideration Shares, the Company's issued share capital will consist of 839,946,460 ordinary shares with voting rights. Metals One does not hold any ordinary shares in treasury. This figure of 839,946,460 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The warrants will be available for the warrant holders to sell from 8am tomorrow (20th August) .

Then there will be just 850,000 left.

You can buy them from tomorrow for circa 5 or 6p each and the warrant holders will put 2p in the coffers of the company you own. So you pay 5 or 6p for 2p that you now own.

This latest dilution could only have a small effect on the SP in itself as the share pool is now so massive, not far off 840 million shares.

But the removal of the scam adverts could dry up the supply of people coming in who think - "this share was at 50p and it's true we need Lithium and Uranium and the ad says the share could go to £5'

I know it is how people think because I was fooled myself. A friend who I thought knew a lot about shares said it was one to keep and forget about. I thought he'd one the research. It was stupid of me. Luckily I only dipped my toe in. I made some of my initial losses back by gambling. But I

have never ramped the share just because I owned some. I am now out again.

Good luck.

Finally - I will say that as I don't hold shares now the SP will boom! Good luck

Mr Ninja

James Simon has exited several times in the past claiming big profits. HE HAS CLAIMED MET1 IS A PONZI SCHEME AND THAT THE BOARD IS USELESS.

I put this in capital letters because, funnily enough he is, for once close to the truth. Everything he says now is because he needs to recover his position.

It is nowhere near what he claims of course but he is down. You cannot take the ramping seriously.